Re:Why America's economy is soaring ahead of its rivals
by llm_trw on Wednesday December 04, 2024 @10:06PM
(#42324415)
It's not a vibe-session when the bottom 50% see inflation that five times the headline rate. It's class warfare and somehow the party of the people is the one defending it.
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Re:Why America's economy is soaring ahead of its rivals
by Der_Einzige on Thursday December 05, 2024 @03:56AM
(#42326305)
Democrats have NEVER defended inflation.
Who wants low interest rates (return to ZIRP and funny money) and was willing to intervene on the fed to get it? Republicans.
Interest Rates and Quantitative Easing/Tightening are your tools to fight inflation. Republicans don't like high interest rates because it destroys inefficient big business and makes it harder for them to scam the rest of America.
Blaming inflation on democrats is FUD, and if you seriously do it, please don't ever vote again - society would be better off if you didn't!
Re:Why America's economy is soaring ahead of its rivals
by sangnoir on Thursday December 05, 2024 @04:11PM
(#42332802)
In the fight between labor and capital, the favored class is right there on the label of the economic system. Class warfare is a built-in feature of capitalism - no mainstream American political party is going to repudiate capitalism; the DSA is far from the mainstream and this is exactly its main bone of contention with center/center-right liberals. There hasn't been an unabashedly pro-labor major political party in the US anymore since Bill Clinton's "Third way".