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View Diary: “No End In Sight” (147 comments)

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  •  no end in sight (4+ / 0-)

    Indeed, and Krugman's frustration over the refusal of governments throughout the industrialized West to attack this depression is something I feel deeply as well. But let me remind you that all our attempts to foresee what is coming--even in the short run--are likely to be wrong. The future--even the near future--may be much worse or much better than we expect, or even about as muddled as today, but it won't be good or bad or indifferent in the way we expect.
         In 1964, as America basked in the self-congratulatory festival that was the New York World's Fair---celebrating a nation vastly wealthier and more advanced than all others and notable for the stability and moderation of its politics--no one could have expected the horror that was 1968, with death in Vietnam and in the streets at home, Bobby and Martin slain and a nation convulsed by bitter disagreement over fundamentals. Few in 1934 expected a second world war, and even in 1939 many believed until the end that sane men would shrink from starting one. The American public--and even "experts" in government and academe--were sure that the American nuclear monopoly would endure a decade, perhaps much longer. (it lasted 4 years).  In 1976, George F. Will wrote a column bemoaning the victory of Jimmy Carter as signalling the death-knell of the Republican Party. (Look it up if you don't believe me).  In 1992, Bush I vomiting on the Japanese at a party was taken as symbolic of the dying American economy and the vibrant Japanese one....and the rest of the 90s didn't go so well for the Japanese.
         We should work hard for the causes we believe in, but always with the awareness that there are no guarantees in life, no certainty, no assurance that the future can be planned like a GPS destination. Despair and depression are only for those who can see the future without chance of error or misjudgment. I, for one, cannot count myself in that group.

    •  Outstanding comment! Many thanks for this. n/t (0+ / 0-)

      "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

      by bobswern on Fri Apr 27, 2012 at 10:33:28 PM PDT

      [ Parent ]

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