Consumers have long been warned they were going to be pushed to the “point of pain” in order to curtail their spending. It seems like we’ve finally reached it.
Consumers have long been warned they were going to be pushed to the “point of pain” in order to curtail their spending. It seems like we’ve finally reached it.
Some economists are worth engaging with, but they’re few and far between. They’re usually in agreement that the economic mainstream resembles a religion or system of divination more than a real science.
And like religion it sucks up to power. I hate quoting her so I am just going to paraphrase her.
The government makes our life a living hell, the economist convinces us that it can’t be otherwise.