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The article reminds me of the Rolling Stones tune:
(M. Jagger/K. Richards)
In the sweet old country where I come from
Nobody ever works
Yeah nothing gets done
We hang fire, we hang fire
You know marrying money is a full time job
I don't need the aggravation
I'm a lazy slob
I hang fire, I hang fire
Hang fire, put it on the wire
We've got nothing to eat
We got nowhere to work
Nothing to drink
We just lost our shirts
I'm on the dole
We ain't for hire
Say what the hell
Say what the hell, hang fire
Hang fire, hang fire, put it on the wire
Doo doo doo
here's ten thousand dollars go have some fun
Put it all on at a hundred to one
Hang fire, hang fire, put it on the wire
Don't mind me while I run this article by a few of my friends across the pond and see if the depiction of the area in question is correct in the first place.
Sure it could, anything is possible. What hit me hard was the "green" housing. Big synergy with what the US is starting to push for. I'm all for energy efficiency, but home owners, not the .gov, need to be the driving force. We had deisels big and small required to have expensive urea injection, thus making a significantly better MPG cars become extremely more expensive to operate in the middle of a gas crunch. Our rising outsourcing is also another concern, we can't all be wall street brokers.
As far as welfare, well we know theres ways to game that system too.
What is happening already in the US is the middle getting squeezed the hardest and all the warning signs are there of the collateral damage coming from that - highlighted all over the article. There's only so long we can doctor up unemployment statistics, prop up home values, and push mass media to spoon feed the pre-chewed slop they call "economic indicators".
Specific to LI, I think the majority of folks are just NIMBY enough to ignore what is happening all around and certain areas could easily fall prey to the potential future shown here.
What is happening already in the US is the middle getting squeezed the hardest and all the warning signs are there of the collateral damage coming from that - highlighted all over the article. There's only so long we can doctor up unemployment statistics, prop up home values, and push mass media to spoon feed the pre-chewed slop they call "economic indicators".
Specific to LI, I think the majority of folks are just NIMBY enough to ignore what is happening all around and certain areas could easily fall prey to the potential future shown here.
Good points. I was thinking the same thing, but I'm too tired and grouchy today to deal with the commentary that will surely follow.
Please enlighten us. We always await your most erudite commentary.
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