Sounds like Biden is giving you lower prices and prosperity!
You should vote for him again. If they let you.
Sounds like Biden is giving you lower prices and prosperity!
OK, so far standard Robert Reich stuff. Where does Trump come in?So there's the median income, plummeting. Meanwhile, what level of income does it take to make people feel "comfortable," aka, safe? Over $200K, or almost three times the median income. That's an astronomical amount, in global terms, as we're going to discuss, and it tells us something is badly wrong at the heart of not just the American, but its social contract, too, or lack thereof.
But while it's not Joe Biden's fault, it's also startlingly tone-deaf to go on trumpeting the message that the economy's doing fantastically well, which is what the Democrats are doing.
i qualify as elderly. I know what happened: Trump.You can think of the way, too, that elderly people feel. Disheartened. Troubled. What happened to my nation? My society? The future?
More Reichian stuff (solution: tax the rich). When holes exist where a functioning social contract should be, then a contest between demagogues emerges. Who's the most seductive Big Liar? Who can point the finger at the most powerless scapegoats, the most angrily? Who can alternate between coddling people savaged by the trauma of the feelings of abandonment and betrayal, and thundering at them in violence and rage and murderous fury?
So why isn't the economy shrinking as a whole? The answer to that's that the rich have gotten mega-richer. The only reason, really, that the economy as a whole isn't shrinking is that the rich have gained while the average person's lost.
OK, tax the rich!All this is a portrait of a dramatically failed economy. An economy that's failed in simple, literal terms: to produce enough prosperity for people to enjoy modernity's basic bargain—you get a life of relative comfort, plenitude, and upward mobility...and you leave everyone else alone to enjoy the same thing, too.
But that was what Reagan did when his inflation was 13%..... their old paradigms, they rarely acknowledge how deep a society's troubles really are, particularly its economic ones, which, left to rot, lead down into the abyss of scapegoating, violence, hate, and ruin. Instead, they tend to think that by just championing a cheery kind of false optimism, they can somehow fool or trick or just persuade people into going along with them. It almost never works.
So the solution is we want social democracy? The Trumpsters dismissed "marxism" and socialism. All we have left from his plans is Reich and "tax the rich." My personal solution of preventing the 1% owning even more? Inheritance tax. 20% at all property over 10 million.....and 80% think the future's only going to get worse. Those are shocking levels to see in any society, but in a "rich" one? They're breathtaking.
Bidenomics won't fix that. It can't fix that, because it's not about that. Only a proper, full-blooded, robust attempt at even a rudimentary level of social democracy can.
https://ycharts.com/indicators/us_gas_price
Nothing stopping socialist-enjoyers from bequeathing their estates to their nation. Except normal human needs and greeds, of course.Brian Peacock wrote: ↑Wed Nov 22, 2023 6:03 pmInheritance tax of 100% would go some way to creating the meritocracy the wealthy already claim exists.
I agree there is a faction that just likes pranking the government. And who are not thinking about how expensive to themselves such pranking will be. IMO that faction was significant in the 2016 election, and in trump’s early popularity with the noisy MAGA crowd. As the crazy incompetence continued and morphed into dangerous, at least some of the prankers began to think better about “government as simply a joking matter”.
I doubt there many people today in 2023 who are genuinely aware of why they’re voting for who they’re voting for and who think trump would be a good choice for benign prankster. That story is over.
As the war rages on, the sympathy of some Americans appears to be shifting from Israel to the Palestinians in Gaza. A Quinnipiac University national poll of registered American voters released on Nov. 16 found that overall 54% said their sympathies lie more with the Israelis, down from 61% in an Oct. 17 poll. Meanwhile, 24% of American voters said they were more sympathetic to Palestinians, up from 13% in the October survey.
Listen? What is this listen? They don't do that for news. They just poke their phones while doing stuff, such as watching sports.
Remember when Madison Cawthorn said he was invited to drug-fuelled orgies by fellow politicians and the media and political establishment destroyed him? Pic unrelated.
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