By Connor O’Keeffe
Democrats learned the hard way that voters don’t like being told the economy is great when they’re struggling to afford everyday life. Now Republicans have chosen the same strategy.
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By Connor O’Keeffe
Democrats learned the hard way that voters don’t like being told the economy is great when they’re struggling to afford everyday life. Now Republicans have chosen the same strategy.
return? Hasn't the gaslighting been consistent?
Perhaps it's only here over in Europooreanland where that's a nonstop experience
No, there was a brief interlude when Trump was being honest about the economy being shit because of Biden's party.
The gaslighting remains the same, it's just that who does the gaslighting changes.
The gaslighting shall continue until the economy (the "economy") improves
Welp that’s when happens when you play war games abroad
On a deeper level, it's what happens when you're drowning in debt and just making the minimum payments is a struggle...and you keep doing the dumb shit that got you in debt in the first place.
Some economists think the debt don’t matter
They reference the USA asset balance sheet and say see the USA can pay off the debt at any time.
I am skeptical of this graphic because assets need a market price to clear. Saying land is $30T means what? Of future production? it’s not the market clearing price. I think the US has levers to pull to pay the debt I think our current crop of leaders are full of bad ideas.
The bigger problem for that argument is that the government doesn't own most of that stuff. It's basically saying that the debt isn't a problem because the government could just steal all of our stuff and give it to the creditors.
Theoretically, yes. It turns out to be really hard to pull those levers, though.
Trump is trying to slash the federal bureaucracy and offload federal properties (not to the extent I would like), but he's constantly jammed up by the courts. Congress has been essentially useless in this. Despite being Republicans, they keep pushing the same agency budgets, even when Trump has dramatically slimmed the headcounts.
Based on that list, here's the levers:
TLDR; don't give them any ideas, because before you know it, your life is forfeited and you will own nothing and you will not be happy, because you died from spoiled food as the electricity needed to use your fridge was sold to China.
The revolutionary world war fixes the courts.
Absolutely true!
I mean, it's hard to blame the other party when you're the one in power.
Actually, it’s super easy, barely an inconvenience.
"they left us this mess, we're still dealing with it!!"
Only at the federal level. States are increasingly diverging into distinct economic systems so we can observe that one party is genuinely better for market rights than the other.