The Economy

Today's version of The Diane Rehm Show is pretty good. The title is The Global Economic Crisis. World global output was projected at about 2.5%, but is now down to 0.5%. This is good news. I wrote the following last year at this time (like yesterday, I am forcing you to read it again):

I know for sure that our economy can not and will not continue to grow. A fossil fuel, consumer-based economy is a dying economy. My question is, why is growth the goal? Why grow? To what end? Aren't our leaders smarter than that? All they can think of is a tax cut so we can take the extra cash and buy more unnecessary plastic items. This is smart? I look forward to the day when a reporter says "the economy shrank last year...less houses, less cars, less corporations, less sprawl, and less items purchased from Wal Mart." Sure, when this happens my life will be hard. I am OK with that. My life is hard already, hard by choice.

So, we only have 0.5% to go! Everyone, slow down.