Akkam’s Razor

Read this from BOPNEWS about the beating the US consumer has gotten.

Car Sales are down (October was the weakest on record since mid-1998): What portion of US industry is directly or indirectly involved in the production and sale of new cars?  Wages aren’t keeping up with inflation (If inflation is 3.8% annually and your getting 2% raises annually, you are not outpacing inflation).  Consumer debt (credit cards and loans) has soared, now eclipsing the total output of the US (as measured by GDP) some 35% over 4 years ($2.6 trillion dollars put into the economy is additional consumer debt, to the tune of $7200 additional per household, faster than any time in the past 15-years.)

But where the author sees doom and gloom, I see promise.  The system as it is, with the people subservient to their employers and the economy, while their elected officials turn a blind eye to their blight while foraging for corporate profits, can no longer be maintained.  A change is gonna come, like it or not…