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Wednesday, January 28, 2009

Magazine Preview - The Big Fix - Can Barack Obama Really Transform the U.S. Economy? - NYTimes.com

[Link: NYTimes.com] "For centuries, people have worried that economic growth had limits — that the only way for one group to prosper was at the expense of another. The pessimists, from Malthus and the Luddites and on, have been proved wrong again and again. Growth is not finite. But it is also not inevitable. It requires a strategy."

The MSM carries the "infinite growth" ball onto an uncertain field of play. It couldn't be stated more clearly, "Growth is not finite." With a good plan we can keep the game going forever. WRONG! With a really good plan we might be able to survive, but it isn't going to look like the modern Western model of ever growing consumption by an ever growing number of people. Infinite growth may be the only thing that will save our way of life but that doesn't prove it is real.

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