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From the IHT today:

Despite rising energy and food prices, Trichet said it was vital for workers in Western countries to moderate wage increases, which economists regard as the best way to avoid an inflationary spiral.

We are being trained. There is no need to allege conspiracy – there isn’t one. The Zeitgeist gusts and guesses, and governments and the media follows the lead. It is a time for austerity, clearly, so that’s the route that the stream of instruction and soft indictment flows.

It is the nasty plastic bag you take from the supermarket that has caused the climate crisis, the spike in fuel prices! It is your wage demand, unionist, that has lodged us between the rockandhardplace of stagflation! Moderate your consumption, learn to live with less, police yourself lest you, through negligence or bad intent, set fire to the housing stock, destroy the savings in your or your family’s or your friends’ and colleagues’ savings account! It is because of you, schoolteacher or tram driver, that the children of Egypt have less bread, that the UN has no rice to bring to the hungry of Asia!

Most unexpectedly, we will soon learn that it was socialism itself, the last living, deep rooted, if withering stalks of it, that was behind all of this that is tipping our time toward catastrophe (reported daily, believed by none, but coming nonetheless). User fees, user fees, carbon based taxation. We do not, so we are told, understand that we must pay for what we use. We have learned to take for free, we have come to expect progress without pain – this was our great sin.

The joining of the fight against inflation with anti-union rhetoric and self-aggrandizing self-flagellation is not, of course, without precedent.

Written by adswithoutproducts

June 10, 2008 at 11:46 am

Posted in catastrophe, economics

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