The Coming Siege of Austerity
by James Howard Kunstler
Barack Obama, charming as he is, had better drop his pretensions about kick-starting the old consumer economy, fire the Wall Street clowns and parasites who are running that futile exercise, and start preparing a US Lifeboat Economy aimed at reducing the scale and scope of our outlays so we can survive the coming siege of austerity. Meanwhile, I'm glad that he finally got a dog for the White House, because the President knows full-well where to turn in Washington if you want some genuine love and affection.
16 April 2009
Another world is possible. It's time to steer in a new direction. Here's some advice from James Kunstler to Barack Obama. Fundamental economic change is in order. It's time for divorce with the old ways.