Prices have risen 20% since Biden took office because of egregious borrowing. That money has been stolen by the most privileged among us.
Absurdistan believes we should be living in a Golden Age. But we are not. The lower 75% struggle through every month, paycheck to paycheck. The only reason unemployment is low is that people are working two or three jobs, none of which offer benefits. Misallocation of resources is a formal term in economics, and we have thrown away our bounty, frozen our assets, and are living on borrowed time and money. The superculture told us we are destroying the earth and without looking at the facts, every single country has shredded trillions in wealth in the last 20 years, stalling what looked like, in 1999, a new Golden Age. We in the west have squelched (another economic term) skilled labor, entrepreneurship, capital and ideas in service of the False God of Green. In 75% of the country, we are living as if in a developing country, without the hope. And let me be clear: the “science” is total crap, alarmist garbage. It obscures real problems and prevents real solutions.
The people taking advantage of us are the well-heeled, expensively educated, looters in the upper middle class. And that’s not all, another sector with the responsibility of care, of ethics-in-action, joined the club, all the churches, neglecting parish and parishioner whether Buddhist or Evangelical, to join in the children’s army. Your donations, tithing pour into the coffers of the rich.
You pay for all of it. Your tax and donation dollars flow into the pension funds of the upper-middle-class and the hedge funds of the super-wealthy. Not one individual of which constrains their lives in any way,
Let me explain.
Every business that took PPP loans are just as guilty.