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| "The greatest thing since sliced bread." |
Margie some more. Please ignore the central plot and enjoy the music, instead while contemplating your life, only with the 2000s as the Great Depression, and the Obama Administration as World War II.
Last time, I repurposed that as comfort to the country that's about to be "run" by a narcissist for two years, maybe three, tops. Things have been worse! (Also worse, the Thirty Years War, Late Bronze Age Collapse, the Younger Dryas.) This time, it is to drill home the point that the Great Depression was a living, recent memory in 1946. This, too, you will have heard, especially if you're my age. You will have heard endless lectures about how people learned not to waste things in the Depression, about all the lessons that it apparently takes 25% unemployment, people dying of starvation, and a follow-on world war to learn
The old folk talked and talked about it. It's almost like they were traumatised by it all. One day, it's all relentless progress: Continental Baking is releasing its miraculous new, sliced bread nationally. The next, people are starving in the streets, out in public. (As opposed to starving in tar paper shacks up the holler.) Worse, there were all these experts popping up and saying that it was all unavoidable, and systemic, and that it would never end. The best you could hope for in the future was a job in the Works Reliefs Administration, because the implication of an excess of savings over investment possibilities was the slow retreat of the economy via deflation into --well, into something. Back to the Stone Age. maybe?
Instead, as we know, it ended with a world war, austerity, a global famine --and then, somehow, through it and beyond it, the best fed, richest consuming public ever. Even more strikiingly, in the mid-1960s, Europe became a net grain exporter.
The old folk talked and talked about it. It's almost like they were traumatised by it all. One day, it's all relentless progress: Continental Baking is releasing its miraculous new, sliced bread nationally. The next, people are starving in the streets, out in public. (As opposed to starving in tar paper shacks up the holler.) Worse, there were all these experts popping up and saying that it was all unavoidable, and systemic, and that it would never end. The best you could hope for in the future was a job in the Works Reliefs Administration, because the implication of an excess of savings over investment possibilities was the slow retreat of the economy via deflation into --well, into something. Back to the Stone Age. maybe?
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