Today’s Los Angeles Times runs a front-page story on a recent poll which shows that though Californians are overwhelmingly of the view that the country is on the wrong track, they don’t want to change their ways. Shane Goldmacher, Poll Illustrates California Voters’ Anger, L.A. Times, September 5, 2011, at p. A1. For the full story click here.
The opening paragraph of that story says it all:
“California voters are increasingly downcast about the direction of the country,
but — like their leaders in Washington — many would rather adhere to party
orthodoxy than compromise to address the current economic problems, a new USC Dornsife/Los Angeles Times poll shows.”
In other words, out here in la-la land everybody wants to go to heaven, but nobody wants to die. How seemingly rational people facing imminent insolvency can insist on borrowing and spending more money as if nothing happened, is beyond ourr comprehension. But evidently, that’s the way it is out here. In the meantime, as of this morning, the stock market was down 250 points, and gold was up again.