Barbara Ehrenreich Quotes About Economy
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But the economic meltdown should have undone, once and for all, the idea of poverty as a personal shortcoming or dysfunctional state of mind. The lines at unemployment offices and churches offering free food includes strivers as well as slackers, habitual optimists as well as the chronically depressed. When and if the economy recovers we can never allow ourselves to forget how widespread our vulnerability is, how easy it is to spiral down toward destitution.
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People tend to judge presidents on how the economy performs, and yet we don't expect them to have the power to do much about it. Or we don't want them to exercise that power, if they were to have it.
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If that's how it all started, then we might as well face the fact that what's left out there is a great deal of shrapnel and a whole bunch of cinders (one of which is, fortunately, still hot enough and close enough to be good for tanning). Trying to find some sense and order in this mess may be as futile as trying to ... reconstruct the economy of Iowa from a bowl of popcorn. [On searching for evidence of the Big Bang.]
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A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business.
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