• zephorah@lemm.ee
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    7 days ago

    With capitalism, a middle class does not occur organically, it is created by the governing body through subsidies. If you do not subsidize a middle class there can be no middle class. This is fundamental. We really started to feel it in 2015 or so. I called it the squeeze. This tightening grip of not subsidies but further attempts to squeeze more and more blood from rocks.

    Why? Our government has been subsidizing the wrong class for a while now. Trump did kick that up a notch the first time. The data is in. Trickle down economics doesn’t work.

    As with a middle class, health care has to be subsidized. The governing body won’t allow richer people to pay the same taxes as the poorest of us so that will never happen.

    And now Elon Musk is promising “hardship” going forward, as opposed to whatever this is the last 4 yrs, on us, the poorest, rather than paying mor taxes himself. Like that would impact his alien ass at all (he’s weirdly shaped, looks like a slightly melted wax museum figure, and was born into so much money he has no idea how humans live, that’s what I mean by alien). So don’t count on it ever happening going forward.

    If you have preexisting conditions expect loss of coverage. And as a fallout from that expect the healthcare system to get slammed with much sicker people trying to find loopholes and other diagnoses so they can actually keep living and working.

    • aesthelete@lemmy.world
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      6 days ago

      The data is in. Trickle down economics doesn’t work.

      It works for the rich. Relatedly, shitty economies where the government pumps tons of cash into rich people’s pockets also work for the rich. They inflate their assets with their additional government handouts and use those inflated asset prices to get loans to buy more mega yachts.