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Op-Ed Columnist - The Big Zero - NYTimes.com
Maybe we knew, at some unconscious, instinctive level, that it would be an era best forgotten. Whatever the reason, we got through the first decade of the new millennium without ever agreeing on what to call it. The aughts? The naughties? Whatever. (Yes, I know that strictly speaking the millennium didn't begin until 2001. Do we really care?)
But from an economic point of view, I'd suggest that we call the decade past the Big Zero. It was a decade in which nothing good happened, and none of the optimistic things we were supposed to believe turned out to be true.


Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Dec 28th, 2009 at 08:02:27 AM EST
[ Parent ]
It was a decade in which nothing good happened, and none of the optimistic things we were supposed to believe turned out to be true.

It's all a matter of your point of view.

  1. Wealthy concentration to the top goes unabated?  Check.
  2. Destruction of the dangerous middle class which has the education, time, and finances to monitor bribed governments?  Checkero.
  3. China continues towards world domination?  You betcha!

Nothing good happened ... pshaw!!

In the end, might makes right. Nothing has changed since the caveman.
by THE Twank (yatta blah blah @ blah.com) on Mon Dec 28th, 2009 at 08:54:51 AM EST
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