this post was submitted on 24 Apr 2024
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Retail sales volumes fall 0.3% in February

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[–] psvrh@lemmy.ca 2 points 6 months ago

They won't. Our respective governments will shovel cash at the rich in the event of a downturn, like they did in 2008, and no one will be held accountable.

We have at least two generations of politicians and civil servants that grew up, professionally, under neoliberalism. They can't even concieve of economic policy that doesn't involve giving money to the rich and hoping that the market fairy will make everything all right. If you try to suggest actual, interventionist policies you're looked at like you're wearing your pants on your head.