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In reply to the discussion: "We are in a State of COLLAPSE - This is WORSE than Recession!" - Jeffrey Sachs Warning [View all]markodochartaigh
(5,545 posts)27. Exactly.
Anytime someone calls out the US deficit or overspending without specifically saying that the deficit/overspending are caused by tax cuts for the extremely wealthy and wars in Afghanistan and Iraq and NOT by spending on our social safety net, then that person is immediately suspect.
Either the person is parroting reich-wing talking points with no real understanding or the person is trying to influence public opinion by misrepresenting the facts.
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"We are in a State of COLLAPSE - This is WORSE than Recession!" - Jeffrey Sachs Warning [View all]
LiberalArkie
Aug 2025
OP
I think in Big Corp Culture downturns are favored over having to paying taxes
BaronChocula
Aug 2025
#37
It will probably just be a mild recession for Jeffrey Sachs and his class of people.
LiberalArkie
Aug 2025
#22
Agreed. Orange will make it stand out as more than anyone has ever imagined.
twodogsbarking
Aug 2025
#28
I told a Republican family member that we had a good run and it was time for Asia to take over
progressoid
Aug 2025
#15
Excellent video, but I think Mr. Sachs engages in some wishful thinking on autocracy.
hay rick
Aug 2025
#23
stagflation term has been around for years . i rmember hearing them using that term in
AllaN01Bear
Aug 2025
#35
He lost me right after the 7 minute mark, when he started the "both sides" shit.
SunSeeker
Aug 2025
#36