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Nov 27, 2023Liked by Sam Colt

Superpredators wonkspat over lines of Koch.

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i wrote about the inflation perception issue on a tweet thread once bc i’m pretty sure i cracked the case: economists are pretty much 100% correct that the economy is really good, especially for those at the lower rungs (e.g., wages have risen more than enuf to keep up with inflation, particularly among the lowest earners). HOWEVER - what they are missing is what i dub the “Little Treat Index.” I actually feel fine about the cost of bread and milk and such... the strain is that i can still only afford the same amount of Little Treats (e.g. a new makeup product) as i could five years ago. Technically, that means I’ve kept pace with inflation, but my lifestyle expectations have also grown. *I don’t want to only be able to afford the same amount of luxury after working hard for 5 years - I want to be able to afford more.* And I can’t. And that feels shitty.

rare case of somehow the economists are correct, but there’s just a real weird way of perceiving these things that makes folks (including myself) unhappier than we have a right to be

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I somehow feel dirty after skimming through this...

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Interesting article.

Reducing large bodies (Foundations, government agencies, and corporations) to an individual is exactly what you’re conducting when you refer to “Trump and Biden”. Media does this continually when it is “Putin” who is invading “Ukraine”. Influential institutions controlled by individuals (Gates Foundation, Robert F Johnson Foundation etc) dictate decisions made by individuals.

Labeling topics as “Conspiracy Theories” is always poisoning the well. It’s a preemptive shutdown of dialogue while expressing a viewpoint.

As for the economy getting better, that’s smoke and mirrors, the inflation during ’21 and ‘22 were greater than the previous 15 years combined which included the rise after the economic meltdown. Since inflation is determined by year over year, inflation has to come down but is down from when the administration took over? https://tradingeconomics.com/united-states/inflation-rate-mom

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