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(82,849 posts)
9. That gets dragged across every story, doesn't it?
Fri Aug 2, 2019, 11:07 AM
Aug 2019

The economy is "growing" or "booming," but we just can't quite point to the areas (outside wealthy people gathering ever more to themselves) where that's happening, and where people are better off. Roads continue to deteriorate, schools fall a little further behind year by year, and the lines at government agencies get a little longer. There's no catastrophic and sudden crash, like 1929 (yet), but more and more citizens slip into that area of economic discomfort, and those that are already there slip into poverty. People work harder, longer, and more efficiently, but the gains in productivity inure only to the benefit of the wealthy, as wages stagnate for the 40th consecutive year.

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