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Frankly, I can barely tell the difference between pre-2008 and post-2008. It's nothing compared to the Great Recession, just look at some archival footage of th
by xigma 8y ago
Frankly, I can barely tell the difference between pre-2008 and post-2008. It's nothing compared to the Great Recession, just look at some archival footage of the time.
Also, the blame is once again put on "corporations" and "wall street gangsters" instead of the failed government policy that caused it (and continues to cause it).
How could Millennials be some massively in debt? Price inflation of higher education caused by government-forced loans backed by fantasy money. Literally the same reason why the housing bubble became a bubble in the first place. And the government gets away with it by blaming those "evil corporations" for taking all that money that was presented on them on a platter.
How could so many people die from opiate overdoses? A government that allows opiates for doctors to prescribe, but then bans those same doctors from prescribing them for the resulting addicts, turning them to black-market.
It was the government that created a health insurance system that doesn't make sense and continues to not make sense under both republican and democratic administration.
Lastly, upward mobility is hampered by preventing the rural population to move to cities that have become unaffordable because of zoning laws and taxes.
Blame the damned government, at least a little bit.
- maeln 8y agoLobbying. Even though lobbying is not the only factor explaining why government made such policies, it is an important factor that should not be dismissed. And since corporations have much more resources than NGOs and such to do lobbying, it is fair to put part of the blame on them for pushing policies that make them more powerful.
- xigma 8y agoEverybody is lobbying for their interest, not just corporations. Corporations may finance a party, but they're not casting the votes. There's an endless number of special interest groups, large and small, corporate or public. If a government is so vulnerable to lobbying, that's still a government failure, it's not the failure of those trying to defend their interest.
- maxxxxx 8y agoRemember that "the government" is not an independent entity. It gets elected by the people and influenced by special interests. So the blame should go to voters and the people who are influencing the government.
- xigma 8y agoIf the average voter buys into the government narrative of out-of-control private enterprise and the requirement of all these regulations, that's the government influencing the people. The government in itself is a special interest group. When the media (such as in this piece) perpetuates that same narrative, are they defending their special interest? Seems more like ignorance to me.