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'Even the rich are worried': Experts warn of 'scariest' signs amid 'stagflation' fears
(www.alternet.org)
this post was submitted on 29 Mar 2025
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politics
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The economy was chugging right along and on the way back until Trump and Co. came in destroying The gains made by the last administration.
firing so many federal employees has knock-on effects all the way down.
Not to mention the tariffs and USAID.
This is by Design. That way the ultra-rich can gobble up everything at a cheaper price.
Yeah, the qons were extremely butthurt that "no one wants to work any more", meaning they didn't have as short a leash on labor as they wanted. Somehow, you'd hear working class repeating this same bullshit, and that's some serious brainwashing in action right there. But you'd hear it - and still hear it - all the time.
Anyway, if they can put a lot of people out on the street to compete for the same set of jobs, yank all services and all benefits, they can try to get labor back into line to such a degree to even surpass the way things were pre-covid and make sure that the working class knows who is REALLY the boss, and it won't be labor...they want it where the working class is grateful for the crumbs being cast to them ("trickle down") that keep them from starving and don't aspire to anything better.
Even better is if they can do away with democracy altogether and just have the better people - the parasitic idle rich - make all the decisions so that the 99% cannot even band together and vote for people that will punish the rich in even the most moderate of ways.
Hopefully the debt train won't get cut off.
It's disconcerting which questions economists can answer with confidence, and for which they just throw up their hands.