Yeah, the pandemic was a complete shift, and I have 0 faith in the current economic policy. Tariffs won’t yield benefit for the average American and will often cost them more. Isolationism is a terrible policy when our main “products” are financial services, and the average American would never accept the wages of the global south. Even if we had factory infrastructure (which we don’t), the margins don’t make sense. We’ve also got bubbles on bubbles of fictional value (micro loans, housing, AI…). Tech is also imploding for the average worker, so less middle class opportunities.
I feel like my confidence in the American economy is at an all-time-low each day, lower than the last.
Yeah, the pandemic was a complete shift, and I have 0 faith in the current economic policy. Tariffs won’t yield benefit for the average American and will often cost them more. Isolationism is a terrible policy when our main “products” are financial services, and the average American would never accept the wages of the global south. Even if we had factory infrastructure (which we don’t), the margins don’t make sense. We’ve also got bubbles on bubbles of fictional value (micro loans, housing, AI…). Tech is also imploding for the average worker, so less middle class opportunities.
I feel like my confidence in the American economy is at an all-time-low each day, lower than the last.