Day 14 - Tuesday, February 3, 2009 - This Is The House That Jack Built

Remember "This is the House that Jack Built"? This is the mouse that lived in the house that Jack built. This is the cat who ate the mouse that lived in the house that Jack built and on and on. Well, last night I got sick - the kind of sick you don't want to describe. So in my "laid off" state of mind, I have figured out that the full night of discomfort and subsequent full next day of the same, is all Jack's fault - whomever Jack represents. So here's how I figure it:

We bought bad fish on sale because Mike is laid off and we need to conserve our money. Our grocery store had to sell us day-old fish because business is weak. The grocery business is weak because the economy is weak. The economy has become weak, for the most part, because of housing industry failures (just to make this simple). The housing industry failed because of the type of loans that were being made. "Creative" loans were being made because people couldn't afford the prices the market was asking. People couldn't afford homes at the prices that were being asked because of the disparity of income to cost of living, i.e. their income was not large enough to buy the American dream. The reason the negative relationship of income to cost of living has occurred is because wealth, since the 80s, has been amassing, exponentially, at the top.

So to all of you holding on to all of that money, consciously taking obscene profits and not sharing even a portion of those profits, to you I say, thanks a lot, Jack, for the bad fish!

This is what is known as trickle-down economics.