• Bloomcole@lemm.ee
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    2 days ago

    You start noticing this pattern after some decades.
    Always accompanied by “we need to temporarily tighten the belt now to keep our properity for the following generations”.
    The period before is sold as a great economic time, despite that they called it a crisis back then and also ‘needed’ austerity measures to get back to the prosperity of the previous period.
    The western standard of living has been destroyed bit by bit since the post WW2 period with this tactic, not for the multinationals, banks, stock folks OC, that’s where the stolen money goes to.
    The ones in power telling us in their paid press how great ‘the econonomy’ is doing bcs stock line go up and BS GDP up.
    In reality that means more billions in the pockets of a few oligarchs while income equality is growing.

    • Spaniard@lemmy.world
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      2 days ago

      “we need to temporarily tighten the belt now to keep our properity for the following generations”.

      But followed by “you guys need to be expending” and also “we are going to fund a lot more things with public money”

      Fuck Keynes.

      • Maggoty@lemmy.world
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        1 day ago

        We should be spending public money though. The public debt has literally never been an actual issue for the US.