[AccessD] The lost decade

'The lost decade'; that is what this era is being described by many of the
Pundits...an era of stagnation and compromise.

http://rwer.wordpress.com/2011/06/24/american-crisis-part-two/

" Bereft of leadership and new ideas, we are fumbling well into our lost
decade. We are burdened with the toxicity of the failure of past ideas.
Those ideas being the ones that were manifest in the Reagan/Bush era of
debt, tax cuts, reduced government revenues, increased government spending,
asset bubbles, and private sector imbalance. New classical economics is
dead. It died along with the bank risk models it spawned and its failure to
identify the asset bubbles that destroyed livelihoods up and down the
nation. Supply side economics was never serious, but it too has died. Our
businesses are awash with cash and private sector investment has risen from
its lows. Yet the economy still flounders. 
...
This political impasse we have reached is what will cause the second crisis
to be worse than the first. We stand to lose much more in this second round.
Much, much more. We stand to lose our way of life.

This is because we are entering a period within which one of our political
parties is trying to engage in drastic social engineering. The excuse being
that, as a nation, we can no longer afford key government programs."

Where " The game being played is one of fitting facts to ideology. " ...and
not fitting facts to facts.

" This is the second crisis.

Three years into a lost decade we now face a choice: do we dig the hole
deeper and succumb to a future of lost opportunity, inequality, and
division? Or do we fight back and expose the radical social engineering
scheme being foisted upon us as the deep fraud that it is?

And if the latter, who will lead us? Or do we do this ourselves? "

No individual can do anything...it will take an incredible community effort.

Jim