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Tuesday, February 10, 2009

It’s the Economy, Stupid

I just hope that the $800 billion stimulus package jumpstarts the economy long before 2010. If people don’t have health insurance, jobs, homes or enough to eat, that could trigger a situation close to the French Revolution.

This time, as with that time,  people will not be assuaged by the privileged swatting away the concerns of the masses. Companies such as  CitiGroup, AIG and Goldman Sachs, among all the others that benefit from people’s late payments on mortgages and credit cards with untenably high interest rates, don’t deserve the break they are getting.

If relief is not at hand, something else will be: a deep and dangerous sense of discontent.