On the Doorstep of the Great Deflation

We need some proof that unemployment isn’t the end. Maybe that’s why today our leaders have passed yet another extension of unemployment benefits that will keep 2.5 million people going until November.

Our lousy economy has more bone than muscle, and you don’t have to look very hard to see the skeleton taking shape.  Today my daughter told me that one her best friends, a college girl from a college educated family, is having trouble feeding her family. Dad out of work for two years. Mom unable to find any customers for her organic mattress business. Sister trying to get through college. Home on the verge of bank repossession.

The mother of my son’s best friend has three companies in various stages of rigor mortis and is gasping for breath while drowning in $100,000 in debt. Obama and his minions know the best lies have the longest legs.  For more than a year they have been telling us that the recovery is in gear, but they must know that millions of Americans won’t ever work again.  Not even for minimum wage.  Which is the real point of this blog.

When another five or six million people join the army of unemployed and the government runs out of money,  the surface of our fine and ordered civilization will peel back and reveal a brave new world where men will work in white shirts for $3.00 an hour.  Mark my words. The Great Deflation started today.