image: Third World America - East St. Louis, Illinois
Many of us in the peak oil and "reality based" blogosphere have written time and again about the how the politicos and the mainstream media manipulate reality in a relentless effort to goose our ailing economy. For example, we look at the crowing over the most recent monthly jobs report and we shake our heads that anybody could be cheered by the way the Bureau of
Then you have housing sales continuing to bump at long at or near record lows, the number of food stamp recipients continuing to rise despite being 20 million above where they were in 2007, gasoline consumption plummeting, major companies like Borders closing up shop, other major retailers like Sears closing stores, and long time iconic firms like Hostess and American Airlines declaring bankruptcy. In fact, the only two indications of "improvement" in the economy are the manipulated employment figures and a stock market being pumped up by the loose money policies of the Federal Reserve and other central banks.
And yet, as shown by this story last week from Talking Points Memo, the consensus in official Washington and in the media is the economy is improving, even among those with the most to gain politically from continued economic distress:
GM is reporting record profits. Jobs numbers are looking up. Suddenly President Obama looks like an incumbent frontrunner again. So what do Republicans who have been planning to run on a dismal economy do now?Amazing. The lies we tell ourselves through the American Hologram are so pervasive that even the Republicans, those supposed implacable enemies of President Hopey-Changey, will not challenge them despite it being in their best interest that they do so. Incidentally, GM is doing so "great" that the company just announced that it was jettisoning its employees' defined pension plans, which will further dampen consumer spending going forward...but that factoid has no place within the official media narrative. Nor, it seems, does the reality of persistent triple-digit world oil prices and the drain soaring gasoline costs will place on consumer spending.
Well, there are a lot of suggestions but no consensus.
For Republicans looking to win over independents, one has to be careful not to sound bummed about objectively good news. But you don’t want to give the White House credit for it either, so instead the plan is to play backseat driver and brag that the GOP would have gotten there way faster. Let’s call this the Mitt Romney Approach.
On Thursday, Romney told voters that “thank heavens” the economy is getting better and Detroit is back on its feet — but quickly added that, hey, they both would be more awesome now if everyone had listened to me.
House Republicans, who were caught off guard by surprisingly strong jobs numbers earlier this month, took a similar approach as Speaker John Boehner said things were improving but “we must do better.”
Right here you can see why there is no chance that we can possibly turn things around in this country. Doing so would require first and foremost that we be HONEST with ourselves. But like a hopeless drunk who thinks he can manage his drinking and not stop cold turkey, we absolutely refuse to face the fact that our current economic model is driving us over a cliff into an abyss of massive economic collapse. Soon, we'll all be living in East St. Louis.
Bonus: The Truth...from a band that got excoriated for telling the truth