I came of age in the early 2000s. I suffered during the bad years under Bush where business tried to expand profitability in a no growth environment through short termism and downward pressure on wages. Where a few dum dums got their revenge on everyone by being the sociopathic mid level managers to do the dirty work in return for bonus pay. It was awful and where alot of our modern problems descend from.
Last night the President said this.
“”We have a choice,” Biden said. “One way to fight inflation is to drive down wages and make Americans poorer. I have a better plan to fight inflation: lower your costs, not your wages.”
“That means make more cars and semiconductors in America, more infrastructure and innovation in America,” Biden said, reeling off a list of U.S. manufacturing announcements over the past year. “Instead of relying on foreign supply chains, let's make it in America.”
He’s a politician, but he gets it. His opposition want to do the opposite, fight inflation by downward pressure on wages.
Please take it from an old timer lol. Elections matter. I hope this doesn’t offend anyone.