The Woodpile Report is up

And it’s a beauty. Again.

‘…Ahead, stretching to the horizon, lies 1932 but without the class and civility and yes, without the relative plenty. The Great Depression will be something to aspire to, where even migrant field hands drove cars to work. Actually it doesn’t all lie ahead, some of it is already behind us. Truth is, we arrived a while back. We’re like the Okies in that first month without rain, or the laid off employee who thought he was between jobs. The era of hustle and opportunity that’s lifted all boats since Reconstruction ended a couple decades ago. We’ve fallen below the event horizon. Gravity is in charge now. You’ve entered an era of relentlessly deepening want. In not much time it will beggar belief, then plunge directly to the heart of catastrophe. You’ll never again use the word hungry as lightly as you do now…’

HERE

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