Trickledown Has Failed.
By Matt Miranda
Posted in Blogs, Johnny Get Your Gun: Dispatches from the End of the American Century | No Comments
After the election, my good Democrat demographic-mates, who were out “Barackin’ it for Obama” and drank “Jag-Obamas” upon his victory, are flush with happiness, hope, and idealism. For a week, I myself almost felt that our troubles were behind us and the best was yet to come.
Cut to Dateline - Washington. When I heard today Secretary of the Treasury Henry Paulson say on the radio today that there is still a very real danger of “systemic failures in the economy,” the peak-oil survivalist mentality that occasionally grips me like a fever took hold. My god, I thought. It’s going …







