• Pectin8747@lemmy.ml
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    11 months ago

    The portrayal of “Bidenomics” as a success story serves as a classic illustration of how power structures manipulate economic indicators to project an image of prosperity, obscuring the underlying reality. While the figures may indicate growth and a decrease in unemployment, they are detached from the lived experiences of millions who continue to suffer from food insecurity and financial hardship. The discontinuation of essential aid programs reflects a broader systemic failure, where policies are shaped by elite interests at the expense of the vulnerable. It’s a pattern we’ve seen repeatedly in the history of state-corporate management of the economy, where the welfare of the general population is subordinated to concentrated private power.

    • AnarchoYeasty@beehaw.org
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      11 months ago

      Or. Or. Or. Get this… maybe the success is that they prevented it from getting so so much worse. And that it will take time before things turn around for the working class because there is nothing the federal government can do as long as the GOP exists to immediately fix any of the problems. Like what the hell do you think Biden can do that he isn’t?