Monday, July 06, 2015

HERE'S THE DEAL ON ECONOMICS

Okay, here's the deal on economics in a really simplified way.

If the economy doesn't provide enough jobs for the vast majority of the working-age population, jobs that not only allow people to survive, but also to live decently, then it is a failed economy. I don't care how well you think GDP is expanding. I don't care how many millionaires and billionaires the economy is pumping out. Wall Street exuberance is irrelevant. None of that shit matters.

All that matters is how well the economy serves the people. If it doesn't do this, it's time to go back to the drawing board and figure it out.

All discussion regarding economics should be in these terms. Or it's a joke discussion, not to be taken seriously, like, you know, the discussion we always have about economics.

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