Nobody can predict the future. But I have a hunch, so I might as well share it.
I believe the United States economy has been so hollowed out that we will not return to the prosperity we were accustomed to in the latter part of the 20th Century. There is no economic foundation on which to [...]
Entries Tagged as ‘Economy’
October 25, 2009
Continued Slow-Motion Implosion of America’s Hollow Economy
October 21, 2009
Corruption, Greed, Incompetence — And Here Comes Election 2010
Remember “Sex, Drugs, Rock ‘n’ Roll?” How about “Fear And Loathing?” A few choice words have power to evoke an ethos or a zeitgeist! Forget about complete sentences. I’m talking poetry, headlines, book titles, songs.
“Hot, Flat, and Crowded” is the best recent entry in the field. (Thank you Tom Friedman).
“Corruption, Greed, and Incompetence” will be [...]
July 13, 2009
Ocean City Business at Mid-Season, 2009
The Boardwalk looks festive and crowded in Ocean City, Maryland. And you see a lot of cars in the parking lot at the WalMart between Berlin and Ocean City.
What you don’t see is very many tourists carrying filled shopping bags on the Boardwalk. And you won’t see every parking space filled along Baltimore Avenue and St. [...]
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