Reminder, economies are meant to be lowly tools of a society that exist only to maximize the equitable and efficient distribution of goods and services within said society.

Our western, rigged market capitalism has metastasized to the point that our society lives in subsistence and subservience to that lowly, broken tool. To the point that when disaster strikes, our societal leaders rush out to their podiums to reassure us the capital markets that every possible measure will be taken to protect our society people children economy, by which they mean preserving the capital value of the owner’s dragon hoards.

Its perverse to watch, it’s insane, it’s ass backwards, but here we are. Our military protects our owner’s capital around the world, our police defend the owner’s capital domestically. Meanwhile our people that make up our society struggle to make rent, struggle to eat, and every population center has growing tent cities of citizens we throw away to die of exposure and police harassment for the crime of not producing capital value well enough for the owners of our economy.

Oh how I wish I could force all these economists working for private profit media writing all these “the economy is doing great, it’s the people suffering under it who are wrong” pieces to wear their headlines like sandwich signs and walk through their nearest tent city.

The economy is doing great.

For the people who manage and control the economy.

Median income or ihdi are much better indicators of people’s well-being.

https://en.m.wikipedia.org/wiki/List_of_countries_by_inequality-adjusted_Human_Development_Index

The economy/gdp is just a measure of how much stuff you are making, not who is getting it.

Great for them doesn’t mean great for you.

Really the last three are the only issues, amd there are ways to specifically address them,

• Wage gap, for every twentieth multiple of the median of household incomes in the bottom quintile of all incomes, put a percent increase on the nominal tax rate for income above that 20th multiple, and just keep doing that for every 20th after that, also, start counting loans collateralized on capital assets (sans primary home mortgages, primary vehicle car loans and other socially advanceable loans) as salary income for tax purposes, either in all cases or specifically for loans with interest rates significantly lower than the market sustainable rates for loans for everyone else. That or just ban loans with interest rates below the rate of inflation as “failing fiduciary responsibility by literally throwing money away.”

• Cost of Living, the nordics have a good model here, not price caps, but caps on how much you’re allowed to raise the price annually. I’d say tie it to the federal interest rate, because it’ll be a solid limit on price jacking, and it’ll also put a pretty intense counterbalance of class interests against the typical instinct to keep rates low forever because house price go up.

If anything, the fact that these problems can be tackled so simply almost makes them more infuriating, it’s taking the active effort of knowingly malicious actors to keep these affronts to our rights to a respectable standard of living in place.

The thieves need you to believe they can’t be caught. Their plan falls apart immediately if we act with a plan and agreed on goals.

Unity of action and purpose is the vaccine against corruption.

But on npr this morning they said wage growth has outpaced inflation

It’s rhe trillions of dollars in debt bit I’m skeptical that it really matters.

Yeah, well, someone’s gotta pay for all that free stuff people keep voting for. Guess who that is?