Economic Bubbles and the Blue Line

I rode the train home late last night, the blue line down through South Central and Watts; L.A. makes me sad sometimes. There is so much speculation on the state of the economy, you can read it in the papers. Taking the blue train late at any time through South Central and Watts, most of that speculation seems rather out of touch. There haven’t been any good times here for a very long time, and when the economy turns, it hits here hardest. And it keeps on hitting. The contrast is stark between this world inhabited by tens of thousands of people, and the world of financial speculation. From here the bubble is very clear, and entirely maddening. Most maddening is that the bubble requires the world of poverty to exist, it is built upon it, immense wealth cannot be held by everyone. It depends on millions of poor in this country, many millions more around the world…

I was talking to an older guy who was only wearing one shoe last night, and white tube socks pulled up high. He was riding the green line train up and down, having nowhere else to go. His legs were swollen the way my gran’s legs became swollen with her diabetes and lack of exercise, the way my friend Mark’s legs became swollen when he was turned out into the streets. Like age and diabetes, the streets swell you up, make you sick, kill you. He was voting for Hillary Clinton, he said he had a crush on her. I laughed at that. He asked me if I was a model and I laughed at that too. He told me I could be anything I wanted to be, this was America, told he was working on his own modeling career. I can forgive this man his bubble, I can forgive him almost anything he needs to survive.

I can’t forgive the people who speculate on the economy night after night on the news, and I can’t figure out who they’re talking about. I don’t know the world they’re talking about either. None of them address the growing gap between rich and poor, growing numbers of people in the streets, growing poverty, growing legions of police to control the poor and protect the wealthy. The only things shrinking are the job pool, the supply of affordable housing, the access to health care, the number of teachers, support for veterans and the elderly, the water table, the ice in the arctic…

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