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this post was submitted on 20 Mar 2024
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Nah, it's just that the myth of the American dream/exceptionalism has well and truly collapsed. People aren't dramatically worse off, they just can't rationalize their misery as being temporary or for a good cause anymore.
And don't get me wrong, they ARE worse off, but I think being unable to deny that fact is a greater psychic hit than the conditions themselves.
The government could kick the can down the road like thirty more years if they bought out Blackrock's real estate ventures and sold all of their properties at rock bottom prices to people who don't already own a home. Having a house cushions you from so much pain and grants access to financial instruments that can get you through a crisis, our economy basically depends on a majority of people doing it.
yep, but they're not even interested in doing that. so total collapse of society it will be.
If the government was willing to express power in a form like that, we wouldn’t be in this situation in the first place. But here we stand, government hollowed.
53 years ago Nixon froze wages and prices with an executive order, and now something like that is unimaginable and there's no state capacity left. life comes at you fast