Draining the Economy is More Apt
I concur with your analysis. There will plenty of economic apologists who will tell you that you simply don’t understand but they’re lying to keep their jobs making economics boring yet mysterious.
The truth, as you so eloquently relayed, is production has been divorced from the economy of the “little people” for quite some time. The rich have found a way to sweep throughout our communities hoovering up wealth in every way imaginable.
Fees are the new tax on the poor. Find something without an extra hidden fee on it. When you are wealthy they don’t matter. Be poor, and they mean you must choose between walking to work or feeding your children.
Between our stagnant salaries and ever-increasing debts (many incurred because our salaries don’t go as far as they used to) are designed to keep most of us on the very cusp of bankruptcy, all the while promising if we work harder, get more education, more opportunities will open to us.
Meanwhile, automation grows, outsourcing increases, exploitative H1-B visas import new technology workers, companies move overseas and local on-demand businesses exploit the remaining underemployed US workers, turning them into Indentured Servants 2.0 having three jobs but no affordable health insurance or childcare.
The system refuses to acknowledge any of this. Instead rose-coloured glasses are sent out in the mail, while megacorporations laugh all the way to their staggering tax returns and multi-billion dollar profits held in overseas banks.
And well-paid Congressmen sell out their constituents for a super-PAC or high-paying lobbyist job subverting our system of government, for a profit, of course.
Thank you for writing down you perspective and providing a framework, via your doxa paradigm.
