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My point is the vast majority of citizens don’t actually want to become poorer over time with zero incentive to save or invest.
by scoofy 7mo ago
My point is the vast majority of citizens don’t actually want to become poorer over time with zero incentive to save or invest.
- andriy_koval 7mo agoYour point is very superficial. People in power know that majority of citizens don't want to become poorer, so they created sophisticated infrastructure of political parties, financial transactions, methods of policing, which extracts wealth from citizens, but citizens don't know how exactly and what to do about this. Debt and all fed thing is one of components.
- scoofy 7mo agoIf you’re suggesting that the electorate is not generally in control of fiscal policy then it’s safe to say this conversation is over. We can agree to disagree on the structure of the American government.
- deleted 7mo ago[deleted]
- AnimalMuppet 7mo agoThe majority of citizens may not be following all this closely, but they're not stupid. They can feel when they're becoming poorer, and they don't like it. They blame the president when it happens, even if they can't explain exactly why. But what the Republicans might be able to do is spend like drunken sailors, and have the crisis happen when the Democrats are in power after 2028. People blame the current president, whether or not he had much of a chance to do anything about it.
- andriy_koval 7mo agoboth parties abuse debt in favor of protecting interests of rich: Biden and Obama added 8T each.