I saw this on a TL;DR (Not Teal Deer) post that was sent to me by a Neo-Lib friend of mine. It's all dialectical materialism. Inflation is the sole cause of establishment politics being threatened.
No. Each of the countries they cite have their own major issues that each government is separately bungling. However, the Neo-Liberal Order's policies are pushing governments to behave incompetently in order to support the system. This "inflation did it" is merely an attempt to deflect responsibility from Globalism and to ignore the nuance of each case.
They all exercised the same type of monetary policy. At this broad a level, maybe all you can see is the reaction to that. I don't know which these are, but each probably has an immigration issue.
It's a shit load, including Mexico, Chad, and South Africa. There's no question that "immigration" is definitely a sore spot for all of the western countries though.
The Neo-Liberal order (and it's required monetary policy) aren't blameless here, but "inflation" is far too reductive.
A cultural shift is a real thing, too. God knows we've seen them in the prog direction. Immigration is second only to the economy in voter polls, and concern about immigration boils down for most people to concern about their own personal economic situation. I think that's why you see some alignments that people consider odd. Like Hispanics voting for a border wall. For people who have immigrants competing for their jobs and bringing wages down, immigration is an economic issue. For people who benefit from cheap labor, it's also an economic issue. And I feel like most people know which side of this they're on.
When we observe the immigration is good for GDP yet still people think of it as an economic threat, this is because such GDP gains are far from evenly distributed. More people win than I think people realize. Not just robber barons but the people who consooom too.
Like Hispanics voting for a border wall. For people who have immigrants competing for their jobs and bringing wages down, immigration is an economic issue. For people who benefit from cheap labor, it's also an economic issue. And I feel like most people know which side of this they're on.
You're 100% right from everything I can see. It's an economic issue, but it's effectively become a class issue. Donald Trump wasn't just winning blacks and hispanics, he was winning working class and rural voters from every demographic at a universal level. Where he would have only won black rural voters, he made major headways with urban working class voters.
Basically, it's a fight between the working, rural, and entrepreneurial classes; versus the middle managerial, elite, and dependent-slave classes. The divisions along racial lines are actually more irrelevant, and are more of a demonstration of how many of that demographic are actually in those classes.
When we observe the immigration is good for GDP yet still people think of it as an economic threat, this is because such GDP gains are far from evenly distributed. More people win than I think people realize. Not just robber barons but the people who consooom too.
GDP has always been fake and gay because it intentionally slam-fucks government spending into economic productivity, as if government waste is inherently productive. However, the data is being more and more bastardized, and the policy wonks are spending more time trying to play with numbers to make the line go up, rather than understand what the equation actually means. This is why Britain keeps importing a quadrillion Bahamalians every year. They're hoping infinity migrants makes the calculation work. Rather than even having a passing understanding of what the variables are even supposed to represent.
People are already well aware that the Stock Market is not the economy on it's own, and now it's becoming clear that GDP also isn't the economy. Worse, that's only if you assume that the government's calculations of the GDP are legitimate, which their not. Meaning that the government and the economists literally can't be trusted to monitor the economy, let alone regulate it. Instead, the Americans are learning to trust themselves, which is killing the power of the media's terroristic gaslighting.
I saw this on a TL;DR (Not Teal Deer) post that was sent to me by a Neo-Lib friend of mine. It's all dialectical materialism. Inflation is the sole cause of establishment politics being threatened.
No. Each of the countries they cite have their own major issues that each government is separately bungling. However, the Neo-Liberal Order's policies are pushing governments to behave incompetently in order to support the system. This "inflation did it" is merely an attempt to deflect responsibility from Globalism and to ignore the nuance of each case.
They all exercised the same type of monetary policy. At this broad a level, maybe all you can see is the reaction to that. I don't know which these are, but each probably has an immigration issue.
It's a shit load, including Mexico, Chad, and South Africa. There's no question that "immigration" is definitely a sore spot for all of the western countries though.
The Neo-Liberal order (and it's required monetary policy) aren't blameless here, but "inflation" is far too reductive.
A cultural shift is a real thing, too. God knows we've seen them in the prog direction. Immigration is second only to the economy in voter polls, and concern about immigration boils down for most people to concern about their own personal economic situation. I think that's why you see some alignments that people consider odd. Like Hispanics voting for a border wall. For people who have immigrants competing for their jobs and bringing wages down, immigration is an economic issue. For people who benefit from cheap labor, it's also an economic issue. And I feel like most people know which side of this they're on.
When we observe the immigration is good for GDP yet still people think of it as an economic threat, this is because such GDP gains are far from evenly distributed. More people win than I think people realize. Not just robber barons but the people who consooom too.
You're 100% right from everything I can see. It's an economic issue, but it's effectively become a class issue. Donald Trump wasn't just winning blacks and hispanics, he was winning working class and rural voters from every demographic at a universal level. Where he would have only won black rural voters, he made major headways with urban working class voters.
Basically, it's a fight between the working, rural, and entrepreneurial classes; versus the middle managerial, elite, and dependent-slave classes. The divisions along racial lines are actually more irrelevant, and are more of a demonstration of how many of that demographic are actually in those classes.
GDP has always been fake and gay because it intentionally slam-fucks government spending into economic productivity, as if government waste is inherently productive. However, the data is being more and more bastardized, and the policy wonks are spending more time trying to play with numbers to make the line go up, rather than understand what the equation actually means. This is why Britain keeps importing a quadrillion Bahamalians every year. They're hoping infinity migrants makes the calculation work. Rather than even having a passing understanding of what the variables are even supposed to represent.
People are already well aware that the Stock Market is not the economy on it's own, and now it's becoming clear that GDP also isn't the economy. Worse, that's only if you assume that the government's calculations of the GDP are legitimate, which their not. Meaning that the government and the economists literally can't be trusted to monitor the economy, let alone regulate it. Instead, the Americans are learning to trust themselves, which is killing the power of the media's terroristic gaslighting.