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Sure, I'm a native born US citizen, and I love, adore, honor, respect ... thank lucky stars for our Constitution. I have a copy on my main computer and search
by graycat 4y ago
Sure, I'm a native born US citizen, and I love, adore, honor, respect ... thank lucky stars for our Constitution. I have a copy on my main computer and search its contents frequently, especially while reading the news.
So, as a simple thinking, pure/applied math, computer, business guy, I think of our government as a democracy where (1) the Constitution's 1st Amendment free press provides "informed citizens" and (2) the rest of our Constitution says we citizens, INFORMED citizens, get to vote. And the free press is credible because there is a lot of competition in the press, and any mistakes will severely hurt the circulation and revenue.
Simple view.
Yup, too simple: It seems to me that somehow not much of the free press much wants to be credible -- at least I have a tough time finding sources I regard as credible for the information for an "informed electorate". That pair of words were from Jefferson, Franklin? So, instead, best I can guess, nearly all publishers believe that it is strongly in their financial interests to dump credibility, actual accurate information, etc. in the trash, pick a political faction, some one side in a big fight, and publish stuff that faction likes to read.
But, still, we have the 1st Amendment! And now with the Internet, publishers don't have to spend on ink, paper, or $10 million printing plants.
Hate to suck up, but, e.g., we have Hacker News -- there I'm generally pleased and impressed!
Okay, for the HN audience: With the 7+% per year inflation, why don't we have millions of US citizens demonstrating in the streets?
Multiple choice:
(1) They are not much bothered by the price of eggs or even gasoline in their daily activities.
(2) They like what the inflation is doing for their equity in their house, farm, business.
(3) So far the inflation seems to make it easier for them to get a job.
(4) They believe that after prices increase by 10% or so they will stabilize.
(5) They are quite busy with their own lives and see nothing much to do about the inflation, e.g., believe that demonstrations in the streets will make noise but do nothing about inflation, until the next election.
(6) See all the talk, hysteria, noise, etc. about inflation in the news as not worth listing to or paying much attention to.
(7) They accept the advice that in general they should concentrate on the problems they can solve and mostly forget about, or just somehow circumvent, the rest.
(8) Other.
Me, I don't know, would have to pick (8).
- RugnirViking 4y ago6 and 7, nobody cares about inflation. It is as the weather, uncaring and random. About as much changes due to wars on the other side of the planet, or large companies deciding to change their offerings for obscure reasons. (from the average person's perspective) Besides, there really isn't that much "hysteria" in the media about it, ctrl-f on cnn, fox news, bbc, etc frontpages shows only 1 result for inflation and I literally can't see where it is amongst the headlines. Life goes on
- gruez 4y agoHow about that 7% is higher than the target, but isn't high enough to warrant demonstrations on the street? Inflation was even higher in the 70s and 80s, yet there wasn't some sort of populist revolution.