I could call it economics
But I choose to name it, economies:
The former is the science
While the latter is the reality.
So, what is the reality?
In just a moment I shall say,
Hopefully, I will make the point
If as usual, I don’t stray.
Some economies are slow
With little get-up-and-go,
Most blame this on COVID-19
But I guess we won’t really know.
They were struggling
Before COVID-19 came along
But have blamed everything on COVID
As long as COVID was around.
Some economies are groveling:
I won’t say ours is so
But you see I am not an economist
So, I would not really know.
It’s a good position for praying,
I mean down on one’s knees
But God did not study economics
So this I must quickly leave.
Some economies are dying:
As a matter of fact, almost dead
But like the embers of a dying fire
They are still being fed.
These refuse to lie down
As long as the IMF is around
And as in Accident & Emergency,
They are all IMF bound.
Some economies are intubated:
Vital signs are almost nil,
And the attempt to end the waste
Has been a bitter pill.
Some economies are obese
Even in these economic times
And how to treat to this comorbidity
Baffles economic minds.
Ventilators were introduced
To help such economies breathe
But given the excessive overweight
They continue to wheeze.
Some economies are shattered
Like a broken show window
And where there is still a display
Business is very slow.
Here there is belt tightening
That restricts the natural flow
And the luxurious sweets of life,
Many have had to forego.
Some economies are thriving
Or so it may seem to some
And this miraculous feat is attributed
To how they are being run.
I find it particularly strange
That this is actually happening
Thus, my unsettling foreboding
Something ominous is threatening.
Some economies are lying
Like strangers to the truth
But this may be the economists
That tamper with the proof.
“There are three kinds of lies:”
According to Benjamin Disraeli,
“Lies, damned lies, and statistics.”
Sounds like economies.
And so, with this I conclude
This narrative on economies,
I have no doubt that time will reveal
The economic reality.
Then the truth will have unfolded
For all the world to see
And those alive will discover
The real economies.
Stewart Russell © September 18, 2021
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