politics

What would it take? Higher wages, lower rents and house prices, lower food costs. It’s pretty fucking straightforward.

Fine for who?

Somehow all my lib friends have fully bought into stock market = economy, and they're raving about how great the economy is. None of these fuckers grew up poor.

What would it take to convince economists that "the economy" is fucking meaningless?

You seem to be focusing on material conditions (derogatory)

I just spent 9 months at various degrees of homeless and the government couldn't even do so much as act as a matchmaker for me and either a job or a home. Couldn't even fucking help me navigate the ancap hellshit. Now I have two roommates and an hour commute for a job people give me gifts throughout the day out of SYMPATHY.

The Gini Index is the highest it's been since the Gilded Age

"Is this a functioning economy?"

i feel cold i feel hungry too bad facts don’t care about my feelings

I think a lot of libs are genuinely unaware that price increases for necessities like food and rent make line go up

The party told you to reject the evidence of your eyes and ears.

Ben Garrison is wild because sometimes he has these moments of clarity where he draws something actually good and not wildly unhinged.

The toll of inflation on the American psyche is undoubtedly part of the story. That people hate high inflation is not a novel observation: The Federal Reserve has long been obsessed with preventing another ’70s-style inflationary spiral; its patron saint is Paul Volcker, the former Fed chair who famously broke that spiral by jacking up interest rates, which plunged the economy into a recession.

So, bloodletting. Volcker shock destroyed Latin American economies and so did the recent interest rate hikes.

The entire article is just so smarmy and annoying to read. Sure, U.S. was one of the less affected countries in part due to all the capital flowing from the Global South.

Support for this project was provided by the William and Flora Hewlett Foundation.

Bill and Melinda Gates foundation sponsoring videos on how awesome neoliberal poverty 'reduction' is type shit.

The William and Flora Hewlett Foundation, commonly known as the Hewlett Foundation, is a private foundation, established by Hewlett-Packard cofounder William Redington Hewlett and his wife Flora Lamson Hewlett in 1966.

HP-branded corporations provide and operate technology that Israel uses to maintain its system of apartheid, occupation and settler colonialism over the Palestinian people. Hewlett Packard’s violations of Palestinian human rights have been well documented. Aside from providing services and technology to the Israeli army and police that maintain Israel’s illegal occupation and siege of Gaza, HP provides Israel’s Population and Immigration Authority with the exclusive Itanium servers for its Aviv System.

So progressive

How can a person read this thing and not immediately know in their bones the author is lying to them? Is being an average American liberal like being a beaten and emotionally abused spouse? How else could one make their way through that venomous gaslighting "article"?

Maybe it's because a good economy is a bad thing, and we need to make it worse. If a good economy is all that matters, then California wouldn't be a punchline. California is quite literally too good of a place to be a good place to live. California is being punished for being so successful. California is rich but Californians are poor. Americans are poor but America is rich.

But sure, import more exploitation of the global south back in house in the country that just so happens to be the bourgeoisie's vector for hegenomy. What could possibly go wrong when millions of us poors and minorities have a reason to oppose you?

MFW I just went Maoist-third-worldist but I invited millions of Americans into the third world atmosphere.

pay me $2,000 literally right now

From the article

"Meanwhile, although sentiment among Democrats has recovered to nearly where it stood before inflation began to rise in 2021, it remains well below its level at the end of the Obama administration. It may never return to its previous heights. Over the past decade, the belief that the economy is rigged in favor of the rich and powerful has become central to progressive self-identity. Among Democrats ages 18 to 34, who tend to be more progressive than older Democrats, positive views of capitalism fell from 56 to 40 percent between 2010 and 2019, according to Gallup. Dim views of the broader economic system may be limiting how positively some Democrats feel about the economy, even when one of their own occupies the Oval Office. According to a CNN poll in late January, 63 percent of Democrats ages 45 and older believed that the economy was on the upswing—but only 35 percent of younger Democrats believed the same. To fully embrace the economy’s strength would be to sacrifice part of the modern progressive’s ideological sense of self."

A serious response to the question being asked is for wages to increase and cost of goods and services to go down. But of course that would damage the "economy".

usians are the most propagandized people on earth

Healthcare, please.

Liberals need to gaslight the hungry into thinking they have cake to eat if they're going to gaslight them into thinking the lich king has 100% brain so that they can commit a genocide against children. You tankies just don't get the 5D chess. Pretend everything is fine and we'll get to murder all the children I promise just trust me this one time.

kill your local economist

Well it would take not losing a shit ton of actually important businesses in the last year, for one.

This is the person who is telling you you’re just not smart enough to understand the economy is doing great, actually.