Let’s take a quick look at the trends that are going to define the rest of the year and probably until after the election cycle.
While the winter weather might not be as horrible this year, it still looks like the Holiday Season is going to be exceptionally broke, violent and soul crushing.
A quick review of the major headlines this week proves my thesis. First and foremost, Harley-Davidson playing hardball with Kansas City workers suggests that so many years of Union leadership and activism have been all for nothing. In the current economy, employers hold all the cards, not only here in the U.S. but also India where new Harley plants are taking hold and using a cheaper and far more compliant work force.
Even worse, schemes for a rapidly disappearing middle-class don’t seem to be working. Recently, police charge that a kidnapping and bank robbery was a phony and staged event. This is kinda depressing not only because it demonstrates that suburbanites don’t have any more integrity than the average hobo but also because the myth of American creativity and ingenuity isn’t really holding out if this old school scheme is any indication.
Closer to home, the reward in the mysterious Brian Euston Westport death case has been increased to $35,000. Of course everyone wants the case solved but the disparity in media coverage of this death versus others in the urban core is painfully obvious.
Finally, the Royals have found a way to continue a losing streak into the post season. Long story short (too late): The Great Recession really isn’t over if the aftermath is nothing more than a Jobless Recovery. And while folks are still hoping for an economic turnaround, what might be happening is an altogether different financial epoch in American history . . .
OR at the very least it’s gonna be harder to make a buck.