Finance reform, or a snappy return to greed-is-good?
After this recession is over
Predictions vary but many say our economy will be well on the road to recovery in 2 to 3 years. Then we’ll see a rapid return to the old ways.
The President will install a few fixes into the economy, and sensible regulations will be hammered onto the financial markets – a few new laws.
Take a breath.
A few new credit cards arrive in your mailbox; suddenly a new crop of businessmen are talking razor slick, and prices begin to creep up again.
Then begins a new national scramble for stuff.
Your broker calls you on the phone chattering about miracle recoveries. New armies of salesmen with 12-foot smiles will be pushing holdings, stocks, shiny investments. – And more of those two-story SUVs.
And this recession will be like a squall of very bad weather that slows the traffic down terribly. (Collapsing banks are like, bad weather.) – But no change in traffic direction.
Eventually the weather passes. Amazing wreckage to be seen, yes. More clearing. But eventually, the old scenery is plain as day again.
And no change in the nation’s final destination: more.
Back to shopping as the center of life.
Listen. Three years is not enough to change the scenery, not the towering corporate landscape. Not the precipitous differences between rich and poor. Not the thick roots of Social Darwinism ever-budding through the dark soil we stand on.
A snappy return to greed.