President Biden criticized news coverage of the U.S. economy as he faces growing backlash from voters over his handling of inflation. In brief remarks Saturday before boarding the presidential heli…
Yeah, even as a solid dem from my perspective this reads as “report how I want it to sound”. It falls flat.
That said; the economy is doing better (but unfortunately the kind of economic improvement that helps shareholders more than regular people), inflation slowed down, unionization is on the rise, fuel prices (temporarily, as always) are down…so that’s good.
But housing or every kind is still out of control. Record profits without commensurately rising wages. New cars are still fucking ridiculous money. We’re being subscribed to death.
So from an everyday perspective we are still getting fucked.
There’s not much Biden can do about late stage capitalism. We’re reaching the end game. Where companies take us for just nearly everything we have to where we “survive” enough to keep working and paying them but just barely.
Yeah, even as a solid dem from my perspective this reads as “report how I want it to sound”. It falls flat.
That said; the economy is doing better (but unfortunately the kind of economic improvement that helps shareholders more than regular people), inflation slowed down, unionization is on the rise, fuel prices (temporarily, as always) are down…so that’s good.
But housing or every kind is still out of control. Record profits without commensurately rising wages. New cars are still fucking ridiculous money. We’re being subscribed to death.
So from an everyday perspective we are still getting fucked.
There’s not much Biden can do about late stage capitalism. We’re reaching the end game. Where companies take us for just nearly everything we have to where we “survive” enough to keep working and paying them but just barely.
Even just talking about it truthfully would be something. Sticking his head in the ground is just going to get us a dictator.
How is this good, exactly? What problems need fixing in the US that unions are well poised to fix?