I love this piece, so I posted it. Enjoy!! I got it from New Urban Network. Brian
As the United States economy remains hooked up to life support, it is natural for those gathered around the bedside to see hope in each flicker of life. We humans are optimistic by nature, which is certainly an evolutionary trait that has served us well in darker ages. Even so, unfounded optimism can prove disastrous, especially when it keeps us from doing the difficult things that need to be done.
This past weekend, my hometown paper ran an article detailing how the economic signs are starting to point up. This is a theme I see reflected recently in the Old Economy circles, that if we just build enough capacity and subsidize enough undertakings, we can revive 2005 back into existence. The beyond-wishful thinking in the piece was highlighted by this passage:
[Brainerd City Administrator Dan] Vogt said Brainerd is well positioned for an economic turnaround with available industrial land and electrical system upgrades for attractive and lower cost energy. Brainerd now has more load capacity for business and industry, Vogt said.
This is akin to the owner of a dying mall — one that is old, falling apart and financed with enormous government subsidies that are about to expire — looking at the growing number of empty spaces and saying they are “well-positioned.” Some see the glass as half empty. Some as half full. And some are evidently drinking stuff a lot stronger than water…. READ MORE >>