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Op-Ed Columnist - A Date With Scarcity - NYTimes.com
Nov. 4, 2008, is a historic day because it marks the end of an economic era, a political era and a generational era all at once.

Economically, it marks the end of the Long Boom, which began in 1983. Politically, it probably marks the end of conservative dominance, which began in 1980. Generationally, it marks the end of baby boomer supremacy, which began in 1968. For the past 16 years, baby boomers, who were formed by the tumult of the 1960s, occupied the White House. By Tuesday night, if the polls are to be believed, a member of a new generation will become president-elect.

So today is not only a pivot, but a confluence of pivots.



Somewhere in cyberspace, the ghost of de Chardin is smiling.
by budr on Tue Nov 4th, 2008 at 10:18:46 AM EST
A confluence of pivots?

I suppose this means there's going to be a Chinese warehouse of hyperbole.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Nov 4th, 2008 at 10:20:58 AM EST
[ Parent ]
Ethnic President.
Election lost, Rove weeps.
Autumn become spring.

(Yes, I know it's not a Chinese form, but I'm in a hurry.)

by Metatone (metatone [a|t] gmail (dot) com) on Tue Nov 4th, 2008 at 10:27:15 AM EST
[ Parent ]
with voting comes loss
and the presence of absence
"Pres McCain" not found

First snow, then silence
the rovian plan dies
so beautifully

Yeserday it worked
today is does not
rove math is like that

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Nov 4th, 2008 at 10:37:16 AM EST
[ Parent ]
The long boom was driven by the boomers being in their peak income years, saving and putting that money in the stock market, in particular for pensions.

The next generation may still put money on the market for their pensions, but even if they do, their flows into the market will be compensated by outflows of the boomer generation, drawing pensions.

Politically, you could also say that the generation that fought for a lot of individual rights and (social) freedoms got slightly intoxicated by the (economic) freedoms that came along somehow and the individualism they fostered.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Tue Nov 4th, 2008 at 10:28:03 AM EST
[ Parent ]
Having an increased proportion of your population dissaving at an exact time adjustment requires savings rates to increase is not fun, either.

Baby boomers also have observed their kids becoming teens and doing the teen things. As a result, boomers rediscovered religion - there's no better way to keep your kids in check, and doing drugs and free love is much more fun than watching your kids doing the same -which helped Republicans, of course. But the effect is wearing off. Will GOP become the AARP political wing now?

What is also clear now is that window of opportunity for hurting Social Security has closed forever.

by Sargon on Tue Nov 4th, 2008 at 12:50:21 PM EST
[ Parent ]
Hmmm, the inaugural address would just write itself then:

"The torch has been passed to a new generation..."

Oh. Never mind...

"Ideas or the lack of them can cause disease." - Kurt Vonnegut

by dvx (dvx.clt ät gmail dotcom) on Tue Nov 4th, 2008 at 10:33:20 AM EST
[ Parent ]
Hey dvx, you goin to chelsea hotel in Köln tonite?  dems abroad et al?

Skennah Kowa
by Crazy Horse on Tue Nov 4th, 2008 at 10:42:13 AM EST
[ Parent ]
Hi CH! No, I was gonna, but I seem to have come down with a cold. So I'm going to do the wimpy thing and stay home with my sage tea. Strong beverages are no fun with a sore throat.

How about you? Are you going to party like its 2008?

"Ideas or the lack of them can cause disease." - Kurt Vonnegut

by dvx (dvx.clt ät gmail dotcom) on Tue Nov 4th, 2008 at 01:21:45 PM EST
[ Parent ]
No, though if anyone in Remscheid wants to join me at the ET party in my room, we'll watch the show in Englisch.  That i don't need an OP is cause enough to celebrate.  Wanted to go there (i'd even given a presentation on energy to Dems Abroad in Cologne) as i've met some folks, but better i sleep in until 1AM.


Skennah Kowa
by Crazy Horse on Tue Nov 4th, 2008 at 01:33:56 PM EST
[ Parent ]
Take a quick jet over the Alps and join the Dems in Nice at the Texas City Restaurant - I'll be setting there with my laptop, wondering how the dems were able to lose again.

Can this many polls have missed that many Catholics  and other religious rightists and other wackos? Does the news that gun sales are up 10% in the US fit into this equation?

I had faith in the youth vote, among others, last time...

One thing is for certain, I will not get my hopes up and jinx this thing.

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Tue Nov 4th, 2008 at 02:29:25 PM EST
[ Parent ]

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