• Dessalines@lemmy.ml
    link
    fedilink
    arrow-up
    18
    ·
    14 hours ago

    US workers are experiencing a 2008-style economic crisis (for at least a few years now), with low hiring, high rents, high evictions, and layoffs, and its just completely ignored by US state media.

    They built in enough protections to isolate the real economy (jobs and living expenses) from the fake one (stock market and financial speculation), and re-defined the terms used for economic health, to be able to completely ignore it.

      • Lenin's Dumbbell @lemmygrad.ml
        link
        fedilink
        arrow-up
        5
        ·
        51 minutes ago

        Yep, that’s the reason for the discontent and civil war like situation in the US’ domestic politics.

        And it’s barely begun. It’ll keep getting worse. Someone set a Raytheon factory on fire, others will follow. There’s only so much you can push the general population before they start pushing back.

        Mind you, I have little faith in Americans. But given there’s 300m of them, just a few of those doing stuff like setting factories ablaze will have major impact on the grip of the capitalists.