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TopicMajority of Americans wrongly believe US is in recession
SSj4Wingzero
05/22/24 5:49:10 PM
#95:


We might not be in a recession, but I think the average American is starting to realize that "we're not in a recession because companies are making more money than ever" does not translate to good quality of life.

For decades we've chugged along while letting serious structural problems fester. It's just that things that were smaller problems (monopolies and oligopolies controlling every industry and driving up prices) in the 90s became worse and worse, and our government, rather than implementing real progressive taxation to balance out the economy, has basically bought into supply-side economics bullshit even though it's been proven to *NOT WORK* in every single country it's ever been implemented. And while yes, this is probably more of a Republican problem, you do have enough Democrats who have bought into this crap to the point where it's not leaving Washington anytime soon, and that's a problem.

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