Re: Re: Re: Re: Re: US Consumer Confidence index surges

[Stephen E Philion <philion@xxxxxxxxxx>]

Also, it's generally the case that bad times bring with them things like
unemployment increases, which tend to make it even less likely that labor
will organize, for the obvious reasons.

Steve

On Tue, 27 Mar 2001, Doug Henwood wrote:

> Jim Devine wrote:
>
> >Also, Doug, doesn't it get a little tiring making the same point
> >(that leftist hope for bad times) over and over again?
>
> No more tiring than it gets to see leftists making the same point
> over and over again. It's stunning how this list comes alive at a
> hint of panic. Michael wants PEN-L to be relevant to political
> activists, but disaster-sniffing doesn't seem to be the way to go
> about it.
>
> Look, for much of the world, "disaster" is the norm. That hasn't
> worked to the left's advantage in too many places, at least not yet.
> For the more comfortable part of the world, disaster has rarely
> worked to the left's advantage either. In the light of that, there's
> something pathological and self-marginalizing about getting excited
> when the Dow loses 300 points - or dredging up a sucker rally from
> 1930 as a precedent on a day when it's up 200. Or with an alleged
> progressive wishing mass impoverishment on the American working
> class. Or with yet another saying it's all hopeless here, because the
> real action is in Mexico - even though the holder of that point of
> view is comfortably situated in the comfortable part of the world.
>
> The hell with it. I'll shut up for a long while.
>
> Doug
>
>