261
There Were A Number Of Players On The Field
(lemmy.world)
Did I miss any? I probably missed some.
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this post was submitted on 07 Nov 2024
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In the mean time "the economy" is booming and companies make record profits. This should have been addressed but wasn't, Biden never got the mandate to fix it, he did not have all 3 branches he needed.
Now the republicans do have the mandate, to do anything they deem nessecary. Let's see how it pans out, It's either massive spending like last time and it will be okay ish for the economy. If it's austerity, the whole world is fucked.
Yeah, anytime there's a split house / debate / presidency in the US, all the Republicans have to do is obstruct progress or anything from being done, and then workers end up paying the price.
It's why being centrist isn't good enough, whenever the Democrats get full control they need to be trying to drastically shift things back, but they have always failed to do so.
That is because building institutions is A LOT harder than tearing them down. The dem variant would most likely be something like stopping all subsidies to corporations and giving the money to the poor, and working up. just cash in hand, you sort it out yourself.. sort of like UBI.
Edit: but the scarcity in things like the housing market would mean everything immediately jumps in price..