I have a friend in America who has to take 2-3 jobs just to be able to afford rent and basic living. It’s shocking that things have gotten to that point
Marketplace on NPR yesterday was boasting about how job creation was outpacing population growth, and they claimed that the US was employing more people.
My ass was thinking “that logic only works if it’s one person, one job. And that isn’t the case for many Americans these days.”
Yep, Biden is making a huge mistake by leaning into the whole ‘actually, the economy is great according to these indicators we’ve picked!’. People know better from personal experience.
The thing is that according to liberal ideas, the economy IS doing great.
Anyone to the left of Joe Biden recognizes that it isn’t, but liberals are the majority of the democratic party. To them the “traditional” economic markers are the most important things to track, and those numbers all look good.
“Liberal” economic ideas have nothing to do with the living conditions of the average person, they have everything to do with the capitalist class being happy and “opportunity” being available to the working class. That’s why the economy in the 1910s could be described as healthy even though people were literally forced to live in tenement houses and were being locked into factories. That’s also why many liberal economists say that it’s possible for unemployment to get too low, because apparently that’s considered bad.
The question Joe Biden is answering when he says the economy is doing well is “are the capitalists happy and continuing to expand capitalism to extract as much wealth as possible from the working class,” and right now that answer is clearly yes.
Liberals don’t want employment to get too low, because that would give the working class actual negotiating power over working conditions without even having the need for unions.
And Trump is taking advantage of this. Motherfucker has zero shame in lying to workers, telling them that his presidency will make their lives better, and then never say how that will happen. His platform is “trust me, I’m a rich guy.”
I have a friend in America who has to take 2-3 jobs just to be able to afford rent and basic living. It’s shocking that things have gotten to that point
Marketplace on NPR yesterday was boasting about how job creation was outpacing population growth, and they claimed that the US was employing more people.
My ass was thinking “that logic only works if it’s one person, one job. And that isn’t the case for many Americans these days.”
Yep, Biden is making a huge mistake by leaning into the whole ‘actually, the economy is great according to these indicators we’ve picked!’. People know better from personal experience.
The thing is that according to liberal ideas, the economy IS doing great.
Anyone to the left of Joe Biden recognizes that it isn’t, but liberals are the majority of the democratic party. To them the “traditional” economic markers are the most important things to track, and those numbers all look good.
“Liberal” economic ideas have nothing to do with the living conditions of the average person, they have everything to do with the capitalist class being happy and “opportunity” being available to the working class. That’s why the economy in the 1910s could be described as healthy even though people were literally forced to live in tenement houses and were being locked into factories. That’s also why many liberal economists say that it’s possible for unemployment to get too low, because apparently that’s considered bad.
The question Joe Biden is answering when he says the economy is doing well is “are the capitalists happy and continuing to expand capitalism to extract as much wealth as possible from the working class,” and right now that answer is clearly yes.
Liberals don’t want employment to get too low, because that would give the working class actual negotiating power over working conditions without even having the need for unions.
And Trump is taking advantage of this. Motherfucker has zero shame in lying to workers, telling them that his presidency will make their lives better, and then never say how that will happen. His platform is “trust me, I’m a rich guy.”
the problem with capitalism is eventually you run out of poor people’s money
That’s certainly the problem I’m having
It’s been that way since I graduated highschool back in the early 2000s. It just been getting worse since then.