........................................................................................ - a weBlog by Snowy and me.

Sunday 28 October 2012

New Hope For 'The Poor' In Rich Countries

We all know what recession means-
the end of a cycle of economic growth.
Whether the cause of the end
is false corporate accounting coming to light,
bank loans running out and debts being called in,
or some final decline in an area of manufacturing,
does not really matter.
Everyone ought to know that progressive
economies crash once every decade.
Instability is inherent in the system.
But a short sighted media won't look back,
or ahead, though they might look abroad
to see the new growth through the old dead trees.
What we are told instead
is that 'downturns don't happen often'.
Headlines tell us that the measure of a recession
is a few utterly grossly rich people,
people who make money out of money,
suffering a big loss of income,
a small loss of property, but no loss of life.
The loss is mostly of some affected style than anything more.

For those whose lives go unreported,
because they are too near the botom
of the system to matter to the media
there is no real loss, what they lose
in delusory lifestyle aspirations
they more than regain in involuntary,
but self improving, self discipline.

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