I’m toying with writing something about the recession but I’m not sure that it’s a theme that lends itself to verse. If poetry is about compression then it’s really quite hard to get to the kernel of the current crisis- what we seem to have is an abundance of follies (greed, hubris, unchecked risk, the herd instinct, stupidity, arrogance etc etc etc) and a plethora of explanations that are almost as complex as the problem itself.
I’m not suggesting that poetry shouldn’t be polemic nor that it should shy away from the uncomfortable. It’s just that if you are going to do polemic then you need to be very sure of your target. The closest I’ve got so far is taking on the Chicago School with it’s rigid faith in the glories of the unregulated market, in self-correction regardless of the human loss on the way.
This doctrine has always struck me as intellectually empty and to attack it by saying the obvious seems a bit too easy unless I can find an interesting way to put the point and present a feasible alternative without being too strident.