65,000 is a lot for one day

by on 26/01/09 at 3:36 pm |  

Readers know that I am pretty relentless in finding how and why things are going to work in the future. Current realties make that a challenge. Today’s announcement by Caterpillar, Home Depot, Sprint, Texas Instruments, and others of total job cuts, just today, Monday, of 65,000 is stark.

It means that time grows shorter by the day, really, to take action on the U.S., and by extension, the global economy. In their columns or blogs today, both Paul Krugman and James Kunstler help us to understand the options. Krugman explains why fiscal stimulus is the best, nearly the only positive action possible right now. Kunstler explains, as he does almost every week, that what is ahead is not merely a few policy adjustments to get back to an old reality, but rather the beginning of a long-term process of shifting our priorities and life styles to adjust to new economic and energy realities.

Let’s call on the U.S. Congress to step up to the challenge, and not devolve into snafus.

Glen Hiemstra is a futurist speaker, consultant, blogger, internet TV show host and founder of Futurist.com. To arrange for a speech contact Futurist.com.

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