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Atlantic has sadly become the type of neoliberalism fanboy that even after decades of pushback from American public hasn’t got the message seemingly. America i
by mercy_dude 4y ago
Atlantic has sadly become the type of neoliberalism fanboy that even after decades of pushback from American public hasn’t got the message seemingly.
America isn’t self obsessed, the elites running America in its current state in the form of kleptocracy using nation state apparatus such as CIA and FBI and the “free” media is self obsessed and do anything and everything to preserve its own interest at the expense of the mass. Be it taxpayers bailing them out in 2008 or maintaining ugly PACs undermining democracy, or maintaining status quo with inflow cheap labor and outflow of jobs, or fighting pointless wars and aiding coups on behalf of defense and oil industry interests.
We don’t need lectures from Bush fanboys.
- throwaway5959 4y agoWhat is your alternative? Is there a party that offers an improved situation?
- mercy_dude 4y agoNo unfortunately. Both parties are run by elites and busy screwing over people. But why do we have to think in terms of party line?
- UncleOxidant 4y ago> with inflow cheap labor and outflow of jobs We could use a little inflow of cheap labor about now. It's one reason why our inflation rate is currently so high. We were able to export inflation ~30 years prior to about 2019 via wage arbitrage and immigration - but that started to end even prior to the pandemic. Repatriating jobs was always going to be inflationary. Add in the pandemic and restrictions on immigration and it makes it even worse. I'm not arguing whether or not it was a good idea to bring jobs back to the US, only that doing so was always going to be inflationary, at least for a time, and we're experiencing some of that pain now.
- mercy_dude 4y agoThat is the classic neocon argument. Because for gods sake wages can’t be rising and workers can have an upper hand. Why do you think Fed is so busy now trying to raise the rate while all these time they were busy buying bonds creating the perfect storm of bubble? Because finally flood the zone with cheap labor isn’t finally working. They were already busy with flooding the zone with liquidity propping up the elites with insane asset valuations.