• 0 Posts
  • 10 Comments
Joined 1 year ago
cake
Cake day: June 30th, 2023

help-circle
  • Oh, that wasn’t my intention. I disagree with Chicago School supply-side economics. I also think it’s fucking dumb that DNC leadership pointed at economic indicators that left out cost of food and rent and said “things are great!” Economics in the west has been seen as fairly monolithic so I am pretty strident in my refutation of that view. I’m also certain about the real-world pressures that lower class Americans have to face- rent and food are more expensive than ever, while wages are stagnant and benefits are slashed.

    In a roundabout way, I’m trying to speak to your original comment: what voters see as similar between Trump and Sanders is that they want to change the economic policies that have left average Americans with less money.



  • That’s the common narrative around inflation. It’s wrong.

    The pentagon lost (not spent, just straight up had go missing) 21 trillion dollars. Inflation didn’t spike.

    I’ve studied college-level economics. I’ve worked in a shop that dealt in gold and silver. I’ve been looking into interest and monetary policy since the 2008 crash. What I’ve learned: day-to-day costs of fundamentals of living is not directly connected to interest rates. It is directly connected to what capitalists charge for them.

    The CEO of Kroger admitted to price gouging. Yieldstar has been fucking up the rental market for years. Gas spikes in price during elections where a Democrat is the incumbent.

    You can follow the standard explanation if you want, but don’t act like it’s a mystery how a lot of people weren’t happy.


  • The inflation stemmed from pandemic-justified price gouging on groceries and private equity purchases of rental properties. Government absolutely could have addressed this- even just continuing pandemic level food stamps would have helped immensely, but Biden ended it.

    Biden pushed to take money and support away from people so he could declare the pandemic was over.

    That’s truth. Recognize it.


  • Bernie would raise wages, Trump will give tax cuts. The promise is that people will have more than the minimum. Biden/Harris were telling everyone the economy is great when we all knew it wasn’t and we’re all worse off than we were 4 yeats ago.

    Look at the material circumstances.

    (Just… set aside that Trump’s tax cuts mostly go to the rich. It’s the narrative that sways voters more than the reality.)


  • “We didn’t go far enough to the right” has been the excuse for decades and it continues to be bullshit. The people telling you the rules of the game are lying to you.

    Leftist domestic policies don’t win leftists, they win centrists, because those policies put money in the pockets of the working class. Improving Medicaid and food stamps, raising the minimum wage, UBI/federal job guarantees, building public housing, expanding unemployment, forgiving student loans, these all win lower and middle class votes.

    Instead of any of this, Kamala and Biden said the economy is great.