Re:Yes, the U.S. economy is likely in recession
by chiefalchemist on Wednesday August 03, 2022 @11:25AM
(#32333011)
60 v 40? Nah. It's closer to 5% v 5% with the 90% in between the extremes just looking to live a semi-happy and uneventful life (i.e., they can pay their bills, love their family, etc.)
The politicians and the media (i.e., the 10%) continue to live in a bubble. They have a very biased and incestuous lens. It's groupthink taken to an extreme.
Just look at the news yesterday. Pelosi crossed a line in the sand and visits Taiwan. Given all the other things on our collective plate, how was adding more to that pile (of sh*t?) a good use of her time and energy? And taxpayer resources? Who in the 90% wants more on the pile? And who in the 10% is willing to say, "Nancy! You're only showing how out of touch you are with the 90%."
I'm not suggesting Taiwan be cut loose. Not at all. Only that the sense of priorities is dumbfounding. But perhaps, rather than talk about the economy (and the 90%'s perceptions and fears) it makes better political and media sense to have news of Nancy in Taiwan?
Put another way, it's not the 90% putting the screws to the stability of the democracy. We don't have enough power in hand to do that.
The politicians and the media (i.e., the 10%) continue to live in a bubble. They have a very biased and incestuous lens. It's groupthink taken to an extreme.
Just look at the news yesterday. Pelosi crossed a line in the sand and visits Taiwan. Given all the other things on our collective plate, how was adding more to that pile (of sh*t?) a good use of her time and energy? And taxpayer resources? Who in the 90% wants more on the pile? And who in the 10% is willing to say, "Nancy! You're only showing how out of touch you are with the 90%."
I'm not suggesting Taiwan be cut loose. Not at all. Only that the sense of priorities is dumbfounding. But perhaps, rather than talk about the economy (and the 90%'s perceptions and fears) it makes better political and media sense to have news of Nancy in Taiwan?
Put another way, it's not the 90% putting the screws to the stability of the democracy. We don't have enough power in hand to do that.