Nah, it's just that the myth of the American dream/exceptionalism has well and truly collapsed. People aren't dramatically worse off, they just can't rationalize their misery as being temporary or for a good cause anymore.
And don't get me wrong, they ARE worse off, but I think being unable to deny that fact is a greater psychic hit than the conditions themselves.
The government could kick the can down the road like thirty more years if they bought out Blackrock's real estate ventures and sold all of their properties at rock bottom prices to people who don't already own a home. Having a house cushions you from so much pain and grants access to financial instruments that can get you through a crisis, our economy basically depends on a majority of people doing it.
The government could kick the can down the road like thirty more years if they bought out Blackrock's real estate ventures and sold all of their properties at rock bottom prices to people who don't already own a home.
yep, but they're not even interested in doing that. so total collapse of society it will be.
If the government was willing to express power in a form like that, we wouldn’t be in this situation in the first place. But here we stand, government hollowed.
53 years ago Nixon froze wages and prices with an executive order, and now something like that is unimaginable and there's no state capacity left. life comes at you fast
The USA is still a very young country (in the sense that settlers have only been reaping the land for ~150 years in the entire western half). Each little sliver of opportunity hadn't been snatched up until pretty recently.
More surprised it was there to begin with. Guess plundering USSR was a greater boon than I thought
Nah, it's just that the myth of the American dream/exceptionalism has well and truly collapsed. People aren't dramatically worse off, they just can't rationalize their misery as being temporary or for a good cause anymore.
And don't get me wrong, they ARE worse off, but I think being unable to deny that fact is a greater psychic hit than the conditions themselves.
The government could kick the can down the road like thirty more years if they bought out Blackrock's real estate ventures and sold all of their properties at rock bottom prices to people who don't already own a home. Having a house cushions you from so much pain and grants access to financial instruments that can get you through a crisis, our economy basically depends on a majority of people doing it.
yep, but they're not even interested in doing that. so total collapse of society it will be.
If the government was willing to express power in a form like that, we wouldn’t be in this situation in the first place. But here we stand, government hollowed.
53 years ago Nixon froze wages and prices with an executive order, and now something like that is unimaginable and there's no state capacity left. life comes at you fast
The USA is still a very young country (in the sense that settlers have only been reaping the land for ~150 years in the entire western half). Each little sliver of opportunity hadn't been snatched up until pretty recently.
Yeah, in that sense, but native people have been in America for 10k years.
But they were stewards of the land, not stripping every last bit of profit from it and leaving wasteland behind.