• hector@lemmy.today
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    14 days ago

    The alleged flourishing was before most of us were born. In 1971 it all started to go downhill after a long game was agreed to by monied interests at the business round table.

    By the 80’s things were well rat fucked, both parties captured by monied interests, regulatory agencies being captured, judiciary stacked, and lawyers being seduced into federalist society type organizations to groom them for the oligarchy not the nation.

    Namely they got the politicians and academia such as it was to change the way inflation was measured to understate it, perhaps the most consequential thing(s) they did, they changed it a number of times since understating it every time. By 2008 alone it averaged 5-8 percent under the old measurements, double digits some years, and social security checks would be 1300 more on average a month under the unchanged rate.

    I swear they must have dosed us all with compliance pollutants because we still trust them, you likely reject the inflation rate being ratfucked, accepting that we’ve never had more buying power than we do now. Despite the fact that before that business roundtable in 1971 a minimum wage job could provide for a dignified life, complete with a house and a car. Your pundits will spin that for the sheep, but the rest of us shouldn’t be under any illusions, we are being robbed every year by the investor class and turned into wage slaves, without a fight.

    Looking at our politicians through the half century, and you trust the changes they made were in good faith. Ha.