Wow! The health care debate has brought out front and center the underlying fear and social discomfort prevalent among most Americans at this juncture of economic transformation, from one of inflation to one of deflation. A quick glance at the media and it looks like everyone is really very upset: A
swastika painted in a congressman's office? In Virginia, health care passions
flaring up in forums? And senators facing
angry crowds at town-hall meetings? This negative social mood is part of the characteristics of a society faced with financial problems, the other characteristics being protectionism, malevolence, fear, and anger. When people continue to lose their jobs or face a foreclosure while at the same time watch their standard of living decline, the negative social mood will intensify. What's next?
Posted via web from deflationtimes's posterous
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