US economy has been trending towards fewer owners owning means of production.
Which makes sense, any business marginally better than their completion keeps on growing, the delta between 1st and 2nd keeps on increasing over time.
US consumer spending is strong right now. That is great for producers. If the economy goes to shit, govt can hand out stimulus and inject money into economy.
Propping up demand is very easy - stimulus checks! Propping up supply is very hard - requires great infrastructure, a check on monopolies, investments that encourage innovation and competition.
The fact that the young generation are so squeezed, they are not having kids is a sign that we’ve fucked up.
The big have gotten too big and there isn’t enough competition to prop up supply and bring prices down.
Both parties love turning on the money printer, driving up inflation.
It’s the societal equivalent of global warming. A slow disaster booking the frog.
US economy has been trending towards fewer owners owning means of production.
Which makes sense, any business marginally better than their completion keeps on growing, the delta between 1st and 2nd keeps on increasing over time.
US consumer spending is strong right now. That is great for producers. If the economy goes to shit, govt can hand out stimulus and inject money into economy.
Propping up demand is very easy - stimulus checks! Propping up supply is very hard - requires great infrastructure, a check on monopolies, investments that encourage innovation and competition.
The fact that the young generation are so squeezed, they are not having kids is a sign that we’ve fucked up.
The big have gotten too big and there isn’t enough competition to prop up supply and bring prices down.
Both parties love turning on the money printer, driving up inflation.
It’s the societal equivalent of global warming. A slow disaster booking the frog.