Ezra Klein: Americans have more money in the bank than before the pandemic. Some truth-telling.

[egbertowillies]

The media, Right-Wing, & Centrists are misinforming about the economy. Ezra Klein points out that Americans are generally better off, quicker but ill-informed.

https://egbertowillies.com/2022/02/02/ezra-klein-americans-have-more-money-in-the-bank-than-before-the-pandemic-some-truth-telling/

[multigraincracker]

1. Just follow the money.

We have the best government money can buy.
We need sunshine and campaign reform.

[ymetca]

2. I don't believe anything

J.P. Morgan Chase might say about the economy. It's one of the largest organized crime syndicates in the world!

The fact that the stimulus was only temporary tells you all you need to know about how our economy now operates. The flow is increased. People have a little more money and start to spend. Ratchet up the prices, to get it all back, then cut off the flow. Now where'd all that money go? Lo and behold, it all winds up back in the hands of J.P. Morgan Chase!