Atrios Explains the Economy (and Why our Overlords are Idiots)
June 1, 2012 Leave a comment
Okay, I’m going to cite this entire post from Eschaton because it’s a short and sweet example of why Atrios is perhaps the premiere liberal blogger. At least, he is in my mind. I know of other terrific sites and authors, but not any particular blogger who does what Atrios with such skill and frequency.
ATRIOS: I knew we had a wee housing bubble because I knew that not enough people possibly had enough money to really afford that many houses at bubble prices. Similarly, I know the economy is going to continue to recover slowly, if it all, because people don’t have jobs and money. I also know that if you deliberately enact policies with the obvious consequences of making large numbers of your population jobless, such as firing large numbers of public sector workers, then newly unemployed and broke people aren’t going to spend any money because they don’t have any.
The people who rule the world have jobs and money. They don’t know what it’s like to go from living paycheck to paycheck to living with no paycheck. They support the policies that they do because they cannot comprehend the obvious consequences of this.
Probably they’re evil, too, but we’ll never fully resolve that question…
What’s Atrios got?
1. Insight. He speaks the truth about the housing bubble, the economy, and the Unenlightened Elites who lord over the rest of us 99%.
2. Clarity. Atrios speaks the truth with concision. He may repeat himself because the world keeps repeating itself, but the individual observations are delivered with a compact accuracy.
3. Snark. Look, it’s painful being part of the 99%. It’s painful watching our Overlords screw us over, over and over. For whatever reason, it helps ease the pain to have their activities noted with 100% pure Internet snark.
So yeah, I heart me some Atrios. I’m sure this won’t be the last time I send him a love letter that he’ll never read. That’s fine. I don’t mind pining away from a distance.
Polentical: Atrios: Top Ten Wankers of the Decade