this post was submitted on 25 Feb 2024
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Because the economy is not good. That's why. The media wants to say it's good in hopes that by saying it, they can manifest it and make it so. But that's not how real life works.
Okay, this is outside looking in, but economic indicators seem to be all good. However, the spreading of the gains is what's totally wrong. It all flows the a small section of the population. Tax cuts for the rich and the like didn't help with that, and the richest people in the country are pushing for an even larger share of the gains.
The indicators are correct. People are working very hard and money is flowing around. In this case it doesn't matter if that's sustainable growth are not, people are still working hard even if it is to build ghost cities.
But that other indicator like the Gini index is also correct. There is a lot of money earned but it doesn't go to the labor class. And that's where usually unions come in. In my country unions were started to negotiate because the labor class started to torch the mansions and factories of the owner class, sometimes with said owners still inside. Negotiations and some strikes were preferred above the torch and pitchfork style of handling things.
That's history of course, and especially in USA the owner class if very good at dividing and gaslighting the labor class to keep this from happening, so members of the labor class start pointing at ghost cities in China instead off what's happening and who's pulling their strings.
It all depends on what you measure and what you don't.
Selective measuring of the economy will let you say whatever you want.
"More jobs!!!11!!1!1!!!1111!1!1!!!!!"
"More precarity and high turnover, high pressure, shit conditions, shit pay, shit flexibility, shit benefits, no real pension commitment, underemployment."
Even if all the measures do exist, you don't have to report them if they go against the narrative.
And how many of these jobs are real full-time jobs instead of people looking for a second or third job as a Uber driver and how many of them are government jobs, which of course just suck people dry and are unproductive because they are paid by theft called taxes
Taxes are not theft.
So people demanding a ransome from your paycheck to fund atrosities around the world is not theft.
The things that I rely on my taxes for are way smaller than the things my taxes are spent on. For example, why is my tax money being spent on weapons to kill people halfway across the world when no Americans are being threatened? We could eliminate somewhere around 3-4ths of the military industrial complex right now and not have any issues and get some of that money back. I consider myself a libertarian, not a republican. Big difference is Republicans still want to tell you how you can live.
Profit is theft.
Economic rent is theft.