Post history

History for martinb

Politics - a place to rant

Back to topic

Current version

Posted October 16, 2024 11:51 · last edited October 16, 2024 11:52

There’s not one set thing that’s good for ‘the economy’. Different policies benefit different people and different sectors. It’s all very well celebrating low inflation when you are one of the structurally unemployed required for the model to work. 

As above ‘economic growth’ that we focus on in our media stories as our economic fundamental was for a long time somewhat illusory, as it was created in large part by immigration. 

But yeh Trump has done very, very well for the billionaire class, so it’s a no brainer for them to back him, if they have few other concerns than their personal wealth. Limiting the number of people with genuine power simply limits the required lobbying budget. Simplifies things.

Previous versions

1 version
Unknown editor edited October 16, 2024 11:52
There’s not one set thing that’s good for ‘the economy’. Different policies benefit different people and different sectors. It’s all very well celebrating low inflation when you are one of the structurally unemployed required for the model to work. 

As above ‘economic growth’ that we focus on in our media stories as our economic fundamental was for a long time somewhat illusory, as it was created in large part by immigration. 

But yeh Trump has done very, very well for the billionaire class, so it’s a no brainer for them to back him, if they have few other concerns than their personal wealth. Limiting the number of people with genuine power simply limits the required lobbying budget. Simplifies things.