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

[Joel Blau <jblau@xxxxxxxxx>]

Look, I don't wish mass impoverishment on anybody, but the plain fact of
the matter is that as long as the "boom" continues, the ethic of looking
out for number 1 will persist, and we are just pissing into the wind.

Joel Blau

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