this post was submitted on 07 Nov 2024
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[–] seaQueue@lemmy.world 5 points 1 month ago

Yeah, our inflation metrics (mostly the CPI) have been juiced and jury rigged to hell and back so that on paper "inflation" remained perpetually low for 30y and capital wasn't pressed to raise wages. This has been an ongoing issue since the 1980s but really, really, became a core issue in the last 15y as energy prices, healthcare and housing costs ballooned while wages stayed relatively low or fell.

The economic growth of the last 30y has almost entirely funnelled to the top 15% and while there are plenty of jobs available to everyday folks they're almost exclusively McJobs or gig work that don't pay enough to support living independently much less actually doing anything other than working and sleeping. So when Democrats talk about "the economy" they might as well just say "rich people's money" instead because they don't seem to understand the distinction between those two phrases.

You'd think Bernie's widespread support from the working class and Trump's win in 2016 would have clued them in that they're missing something but they pointed the finger at literally everyone else ("Bernie bros," "low information voters," misogyny, every *ism under the sun) instead of asking where they went wrong in their candidate selection and messaging.

I don't even think they have anyone who represents (or is even willing to act like they care about, even if they're simply manipulating) a low income working person and it shows.

I'm sure we'll see plenty of opinion and "think pieces" in the Atlantic and NYT pointing the finger at a convenient scapegoat in the next couple of weeks, surely that'll solve the problem.