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August 19, 2011

One Bright Spot in a Failing Economy

It's difficult to remember that the world hasn't always been this miserable. It seems that every day this summer brings its own quotient of bad news; today it's a resumption of open warfare between Israel and the Palestinians in Gaza; for comic relief we have the latest inanities of Michele Bachmann to remind us that she's still being taken seriously as a presidential candidate, with no evidence the people supporting her realize how silly her public statements really are or the role that the Tea Party played in triggering the recent global sell-off.

As we try to muddle through our current economic insanity, we discover new pitfalls every day: students can no longer afford the fees and tuitions colleges are forced to charge, defense contractors are forced to lay off workers because the government can no longer afford our outrageously expensive (and ill-advised) programs with their huge cost overruns. It now appears there are many ways a failing economy can cause more pain than we ever suspected back in '08 after the initial shock. Each new discovery simply spreads the pain and heightens our sense of futility.

in the midst of the misery there is at least one economic bright spot: so long as ambient anxiety levels continue to rise, the demand for pot is sure to follow. Recent indications that California has become a favored destination for growers from other states. together with the normal mechanisms of supply and demand should guarantee high quality and lower prices for the foreseeable future.

As for "legalization," not to worry. Congress will predictably be very slow to admit that the Nixon-Mitchell drug war was a huge mistake. That probably or won't happen until hell freezes over, or some equally unlikely event.

Doctor Tom

Posted by tjeffo at August 19, 2011 04:17 PM