America is highlighted by the economy.
Trump’s “great beautiful bill” just accepted both houses of Congress. It Cut more than 1 trillion dollars from Medicaid and reduces programs against facilitation by $ 295 billionall during the provision of tax benefits where 72 percent of all benefits Go to the top -20 percent of wages. A minimum of 16 million Americans According to forecasts to lose healthcare.
Meanwhile, the bill allocates $ 170 billion to law enforcement –Create a budget balloon ICE from 10 billion to more than $ 100 billion. This is more than twice that Israel is conducting all its military service in wartime. We conduct more on the persecution of gardeners and dishwashers than most countries are conducting, protecting all our countries.
However, in all this trillional reshuffle-all these cuts in the health care field, all this money for deportation, all these tax benefits for wealthy-not penny to create something real. No infrastructure. No production capacity. No investment in a productive economy that actually creates a good job. Trump has sold himself to working people as a builder, a guy who would return the factories and fix the bridges. Instead, it pursues the same scam as each hacking on Wall -Restitus: Take the bottom, give the upper hand, do not build anything. Everyone reaps, not sowing.
Take a look at America’s own picture. Our GDP has increased for decades and what do we get? Ross Perero works as a populist -millionaire. Obama works as a candidate for transformation. The Bernie Revolution. And Trump – nominated three times, selected twice. If the institution cannot provide real prosperity, Americans turn to the one who promises to blow up the system. If the liberals fail, we turn to the strong.
The template is repeated worldwide. Poland is recorded The fastest EU GDP growth in 2024. Foreign companies used their cheap work, earned a profit, sent them home. Polish workers got a job where you do someone else’s rich while you remain bad. So pillars Change the authoritarian batch of law and justiceaccused of undermining democracy. The same in Hungary with Orban. GDP metrics grow; Democracy becomes more amazing.
We build economic systems that fundamentally extract. They create impressive GDP numbers by highlighting the real productive ability, making people’s lives better. Mining means that the cities selling water systems announce toll roads at auction, counties that privatize ambulance services – GDP is considered to be as height. We eliminate the infrastructure of the community built on generations, selling it to legal entities without having a public good.
Current Issue
Simon Kuznets, who invented GDP in 1934, clearly warned against it – “the well -being of the nation could hardly be done from the measurement of national income” – after Bretan Woods in 1944, his warning was completely ignored when GDP became a global standard.
Somewhere along the way, we decided that people who had never built a terrible business should be responsible for the world economic policy. I am talking about people who could not understand how to use Ratchet’s strap to save their lives. These are the people who looked at American production in the 1980s and thought: “We don’t need to make better cars than Japan. We will just become the distribution and assembly center.” What they didn’t understand – because they never did anything – this is what when you make a cigarette, you also find out how to make the best mice. Innovation stems from production.
Japan shows that another way exists. When their bubble burst in the early 1990s, they could cut costs and maintain social programs. Instead, Japan launched 15 fiscal stimulating packages between 1990 and 2008, which made up about 28 percent of GDPsince Public works make up about 40 percent. Not financial engineering is an active infrastructure. They kept their production base.
The IMF, the World Bank, called this disaster each financial publication. Wall -Rate wanted the profit you get, just squeezing the workers until they bleed. Japan refused to squeeze. When it came to 2008, they survived it better than heavily financed economies that have been lecturing for years.
GDP cannot measure the difference between creating things and service people who make things. A nation of home care assistants and retail workers – no matter how important their work is – has no leverage against Global Capital. Real power comes from productive ability. If you can create chips, machines, infrastructure, you have negotiations. If you can only serve those who own these things, you depend. GDP is considering a dollar earned by construction chips, just like one earned stocking shelves.
This measurement refusal causes policy refusal. We optimize for the Metric on Wall -Strait – Scattered GDP growth, high profitability, maximum production – installing production facilities, creating good jobs, developing infrastructure that lasts. When it aggravates the lives of most people, they vote for the populists who promise it all. Or worse – they start thinking, perhaps democracy itself.
Popular
“Spend on the left below to view more authors”Spend →
Curtis Yarvin, the philosopher of the Silicon Valley, openly calls for control of America CEO-Monarch. His ideas are seriously perceived by Til, Vnes, Andresen. These executives cannot create flying planes or competing chips. If GDP is your only God, democracy becomes an expenditure.
Choosing America on steroids. A great beautiful Trump bill reduces the security network to the juice. If these 16 million people lose lighting when families cannot afford food when rural hospitals are closed – we can achieve such “efficiency” that looks good in the Wall -Rate table but destructive in society.
We continue to think about why democracy is threatened with so many corners of the world. Perhaps this is because we have created a Western economic system that works well for those who own assets and bad for those who work for life. True freedom requires real production – workers that create things have use; The workers came down to the servants. Polish workers could not fight the prey because they were reduced to cheap work. Japanese workers supported power because they still create important things.
GDP is a false god. Time to find a better religion.
More than Nation
While the weapons contractors will be grazing on a large new cash infusion, military, past and present will obviously neglect.
Zohran Mamdani Merian Platform is a practical basis for solving some of the most pressing problems in New York.
A cutting order of the Labor Department to close 99 campus housing across the country is devastating for trainees and local economies.
St. Louis can either use the disaster as an opportunity to make the safety of all its inhabitants, or may continue the barbaric disregard.
The second Trump administration was compared to the mafia, feudal empires and oil powers of the Gulf-Bay, an even more relevant analogy could be a lifelong.
