Rising number of college grads are unemployed, new research shows
EightBitBlood @ EightBitBlood @lemmy.world Posts 0Comments 172Joined 2 yr. ago
EightBitBlood @ EightBitBlood @lemmy.world
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I'm aware of everything you mentioned. Here's the point I'm making:
- Dodd-Frank had it's teeth removed in 2018 with Trump's Economic Growth, Regulatory Relief, and Consumer Protection Act.
- Here's the most recent Bill introduced to Congress for Repealing the ACA.
Both of those are now torn off bandaids too. Despite the decades of Democratic effort to put them in place.
With them gone, the problems of overpriced Healthcare and a corporate captured banking system are immediately a problem again. All because neither were designed to fix these issues to begin with. Just bandaid them up until the GOP could enevitably tear them off.
There's quite a lot of policies the Dems have passed that make it look like they made progress. But all of it is temporary, non systemic changes that are simple to undo. So over decades, all their efforts are easily and eventually undone.
Their polices, at best, work on the small scale because Democratic leadership on the large scale doesn't reflect their voting base. They reflect their corporate donors.
7 didn't want to raise Federal minimum wage for the first time in 2 decades? Kinda sounds like 7 Dems just voted like Republicans for no good reason to me. Which happens a lot. (Fetterman).
You're okay with that for some reason. I'm not. I'd be pretty pissed that my only option for raising the federal minimum wage is to vote for a political party that turns around and votes in line with their opposition. The GOP having the majority does not absolve them of this behavior. If my vote matters, why didn't it here? I voted for Sinema, so what should I have done differently to raise the federal minimum wage?
Kinda fucked there's literally no path forward to do that because my vote isn't as important as having enough Dems on the team. An amount that I can't control with my single vote, and doesn't even work well when it's reached.
ACA could have had a universal Healthcare option. You know, an actual systemic fix to the massive problem with Healthcare costs? But It didn't because once we had enough Dems to do that, they just chose to compromise with the GOP instead.
Because even with enough Dems, the policies they pass have to be bandaids. Their donors push them to build a solution out of paper, they sell it to you as brick, all so you'll blame the GOP once they easily blow it down instead of ask why in the fuck was it so easy to blow down to begin with.
How about the Dems stop making paper policies? How about they treat the wound instead of applying another bandaid, and spending millions convincing you it won't be torn off.
Show me a single policy of theirs from the last 20 years that hasn't been made of tissue the GOP has now sneezed in.
Can you explain Krysten Sinema voting against raising the federal minimum wage? She's a Democrat that campaigned on the promise of raising it, then didn't when it came time to vote.
Which is very much my experience voting Dem for the last 20 years.
Not that the GOP is a better option. Far from. It. But Dems still clearly cast their votes in favor of whoever's paying them, not their base. They'll promise a better Healthcare option, better job security, better wages, even hold both the house and senate and still want to compromise with themselves.
All I've seen them do is put a bandaid on whatever the GOP broke, and promise for years to kiss it until it gets better.
Then act shocked that just adding more bandaids has lead to the wound underneath festering.
Healthcare reform? Bandaid. Minimum wage? Bandaid Public education? Bandaid. Cost of higher education? Bandaid. Job security? Bandaid. Retirement? Bandaid. 2008 Banking Crisis? Bandaid. (Took them 16 years to implement the CAT fraud detection system, just in time for Trump to yeet it) Housing costs? Bandaid. 36 trillion being added to the national debt in 25 years? Bandaid. Dozens of dead kids at Columbine? No bandaid at all! Now hundreds and hundreds of kids have been killed by guns in school over the DECADES that followed.
By all means name a single facet of American life that Democrats have managed to actually improve in the last 20 years, and I'll point to our current president who just tore off all those bandaids and poured salt on the wound.
Dems have the same boss as the GOP, they've just convinced themselves they're the good guys when they collect their corporate blood money.
Real answer: insurance salesman in the 90's.
This was a slightly exagerated, but rather typical upper-upper-middle class house.
A friend of a friend's dad had the same job, and a similar sized house. Guy had his own pinball room.
He also had a daughter that was in a secret relationship with my girlfriend (that they thought I didn't know about.)
Scissor-box it out with your "friend" all you want, free pinball is free pinball.
Interesting take!
I'm not sure how well recieved it will be here on Lemmy, but it's well reasoned and explained with clear references.
Even if others don't agree with you, you've certainly earned respect for so cleanly writing out how you're looking at this and why.
Personally, I think your answer aligns itself well with the classic solutions to these problems.
Machiavelli wrote extensively about what you're saying in "The Prince" and came to a similar solution that institutions and any position of power over them needs to be completely transparent and open to critique. He pushed for heavy regulation becuase it's the literal singular mechanism that pushes institutions towards benefiting the public instead of benefiting themselves.
The most interesting takeaway from reading The Prince in a modern context is how deregulation killed every system of governance we've tried going all the way back to ancient Rome.
Nero fiddled as Rome burned because Roman government was deregulated to the point an idiot could hold power over them.
USSR couldn't keep communism regulated, so those that were stealing and breaking the system used their illegally gained resources to deconstruct the communist regime in its entirety.
Now, in the US we're watching as both of these happen at the same time. A social system deregulated to the point several reality TV stars can hold the highest military and government positions while bailing out our Oligarchs so much they've evolved from "too big to fail" into "too big to stop."
Tansparency and regulation are a necessity in any functioning society to prevent the minority of horrible humans among us from becoming subjugators.
It's not that we refuse, we just can't help but put stupid arrogant people in charge of everything. They don't listen to science, just themselves, so nothing changes.
As a species, we've basically been doing this forever. Or at least since Machiavelli wrote the Prince, which is literally what's happening everywhere now.
Simply put, those with intelligence know enough to realize what they don't know. So they won't make claims they can't pursue. Politically, this will always work against them, and in favor of any loud idiot that promises everything, but can't deliver. People will always pick the loud idiot, because the loud idiot will promise more than the intelligent option could ever reasonably accomplish.
The secret to solving this is simply transparency, and regulation.
That is: don't let stupid leaders be stupid behind closed doors. Bring it into the open for scrutiny by professionals. Don't let stupid people hold positions of authority by placing requirements for those positions to be held. Military service, or public service requirements work, but so do simple tests that could prevent hostile idiots from holding positions of power they will guarantee abuse.
There's more solutions provided in the Prince as well. So this problem certainly isn't a new one.
check out:
Ink Inside On steam.
It's a couch co-op action RPG with ranged combat meets beat em up fights. Aesthetic is 2014 cartoon network, with a story based on a lost Nickelodeon pilot. Voice cast is solid with Brian David Gilbert too.
If it sounds interesting, could definitley be up your alley!
Maybe remind him that leftist libs are Americans, and if he was too, he'd be defending your right to say anything no matter how he feels about it.
If he isn't tolerant, he isn't American. Out patriot his ass with the lessons he grew up with instead of the ones baked into him from Fox News.
For a country all hopped up on Freedom, it's really fucked the government gets to decide what medicine is better for us rather than our fucking doctors.
I'm so fucking done being lorded over by incredibly stupid and unskilled idiots that have more money than shits to give about America.
If you Google:
"fiat currency debt spending"
Here is the first AI result: (bold emphasis is mine)
- Fiat currency is a government-issued currency not backed by a physical commodity (like gold) but by the issuing government's credibility.
- Governments can issue debt (bonds) to finance spending, and this debt is typically denominated in the nation's fiat currency.
- The ability to create and manage fiat currency gives governments flexibility in responding to economic needs and influencing monetary policy.
- However, excessive debt can lead to concerns about the government's ability to repay, potentially eroding trust in the currency and leading to inflation or devaluation.
- Inflationary effects: Increased government spending, especially when financed by printing more fiat money, can lead to inflation if the money supply grows faster than the economy's production of goods and services.
- Inflation risks: Excessive reliance on debt and monetization (printing money to finance debt) can lead to inflation or hyperinflation, eroding the currency's purchasing power.
If you have a source stating anything close to what you've been saying instead, nows the time to use it. Otherwise, you are objectively wrong, and above is the proof.
Followed by the fact Moodys just downgraded the US's credit rating for the first time ever:
(And Clinton's surplus is the crash you want to focus on? Really? Anything else maybe happen around that time in 2001 to cause that market issue instead? Maybe something in September you were never supposed to forget if you are an actual American?)
"King Arthur and the Knights of Justice" is what you're looking for - and more specifically the absolute facemelter of an opening song they had for the show:
The whole series is on YouTube for free BTW! Not a bad watch either. Still pretty fun, but certainly dated for the time.
That opening guitar still gets me decades later.
It makes no difference to you. To be very clear.
But it makes a hell of a difference to any country whose debt China is no longer buying.
Especially if that country has a budget always in the negative like the US.
How about we just check back here in a year to see how much one of us is wrong? Because I'm sure by then you'll be caring a lot more about how little of our debt China is then buying.
No where in the last decade has the fed printed 30% of all Dollars in existence. Tell yourself whatever lullaby you want to hear to sleep at night, but the US and the Dollar is unquestionably fucked.
China is literally decreasing its purchase of US Treasury debt as we speak. So you should know as a proud defecit spending country, we actually need people to buy that debt so our system doesn't collapse.
Every economic indicator is flashing red whether you're paying attention to it or not. Denying these clear facts as hyberbole is just proof of how you were propaganda'd into letting everything become so completely cooked that you're now in ignorant denial that it's hot.
Thanks for proving my point.
Since 2020, 30-40% of all dollars that exist now were printed.
The inflation that's happened since then is a result of more money being put into a system with the same amount of fixed goods (read Buffet & Friedman). It takes years for this adjustment to happen after printing, which is why inflation has been rising until 2025.
It took Zimbabwe 10 years to hit hyper inflation for example. We're still in year 5.
But we're doing the same as them: Printing more dollars.
So in a few years, this means everything will simply be worth 30-40% more here. No matter what Fox TV personality in a government position tells you.
Looking up data on how long we've been dealing with inflation now (4 years) and comparing that time frame to all the other times this countries inflation lasted this long (2008, 1929) reveals a pretty obvious result for what's going to happen next.
Awkward as hell I have to point you to open a history book from the 30's about a previous US administration run by robber barons who thought Tariffs would stop rampant inflation. It did for a bit (where we are now) but what happened next was the great depression.
I sincerely wish there was a way to place reminders in Lemmy so I can see how much your comment aged like milk by the end of 2025. Because it's astounding to me how financially vulnerable you're willing to be in the face of inescapable market forces that you simply ignore to believe whatever the TV tells you instead.
There is a literal historical record for everything happening now, that's very likely going to keep predicting what happens next.
Inflation is artificially low because of Tariffs destroying demand (prices go down when people don't buy things) the cause of our inflation (adding more money to the money supply) is still very much an active problem with no solution.
Enjoy the Trump Depression. It's going to be the "greatest" one we've had yet.
Boomers: Had a functioning government that raised minimum wage 11 times over 20 years. (Because popular policies could be enacted in their functioning government).
Millenials: Had a corporate controlled government that couldn't raise minimum wage once in 20 years. (Because popular policies are never enacted by corporate backed politicians).
You: Study everything you can that isn't about how capitalism strangled every American child's collective futures, and will grow to do the same across the world.
No offense, but how about we study what's removing our opportunities so we still have them in 20 years instead of chasing whatever's next to be cast off the oligarchs table.
Pretty sure it was unconstitutional for Zimbabwe's fiat currency to do the same. But it did.
How high is Dollar inflation going to get now before people realize market forces don't care about their political feelings?
Reddit had an AMA with a Bank Robber ten years ago that they've since deleted for corpo purity reasons 😂
Here's the big points from it:
- Banks don't care about losing amounts under 5k.
- Security won't stop you if you don't have a visible weapon.
- Worst they do is lock the door, so bring a hammer.
- the goal is to get in, and get the teller to give you a couple grand asap, then leave under 10 minutes.
- Guy did this to at least 5 different banks (all different companies) in one day, once a month, for several months.
He eventually got caught because of the money he had, not because his face was on every security camera.
He recommends not doing this, as do I, as it's just not worth it.
But just in case you wanted to know how it was done a decade ago, fuck Reddit, here's the details they recently deleted.
These experts sound like they rolled high for their intelligence stat, but low for wisdom.
As an expert, they should know how well hiding has historically worked against fascists. Eventually, the only place that ends up being available to hide in is the mass grave the fascists dug for you.
How about fighting before it gets worse? How about you make the thin skinned idiots scared to be so openly fascist? How about showing them there is a resistance against their behaviour instead of immediate capitulation at the earliest necessity of protest.
Because from where I'm sitting, running away encourages fascists to think they're scary enough to avoid the consequences of their actions via intimidation. Yet, they're a bunch of old geriatric idiots that take offense for calling their hands small.
Fucking calling them names works better than running away.
Running away makes it seem like sticks and stones are necessary when words will always hurt them.
All thats needed to beat these idiots is a stream of childish insults being lobbed at them publically at a near constant rate. Trump would literally quit being president if he had to hear about having a small dick, hands, and brain everyday. But heaven forbid such a stupid solution ever be pursued by academics. (Despite it being incredibly effective when Trump did the same to Biden).
You are 💯 correct, and impressive you know the details!
The funniest part about it all to me is that AT&T bought Warner / HBO in 2014 - 2017 for 80+ billion at the height of Game of Thrones popularity (after winning an antitrust lawsuit against the merger).
Then season 8 happened, and in 2018 AT&T immediately sold Warner / HBO to Discovery where they merged into the David Zadislav Hollywood cluster fuck they've become.
The branding then unbranding of HBO to MAX was after the Warner Discorvery merger. They just have no idea what to do with their IP as they have no experience making or working in the creative industry.
In a two party system, if the choices are between cancer and fascism, then cancer is the only party that's going to mention the other is fascist.
So it's up to cancer to make it clear who the fascist is. Because the fascist is going to lie about it, as that's what fascists do.
Yet they failed to convince 90 million people that the fascist was indeed going to be fascist.
You blame the 90 million.
I blame the only political party we have that's actually responsible for making that clear.
Because it's not the GOP. Or our media. They do the opposite.
So when it comes to what is and isn't fascism in this country, the ONLY party that CAN be making it clear is the Democrats.
And they failed.
There was and still is a firehose of disinformation, and Dems just assumed that the majority of Americans would be smart enough to not fall for the fascists lies coming from it.
So they did little to counter act it. Because they assumed America wouldn't fall for it.
Just like they did little to counter the effects and damage from Trumps first term. Biden just assumed Trump wouldn't win again, so did little to nothing effective in those 4 years that would protect us against round 2.
Just like Hillary assumed Trump just wouldn't win the first time, so did little to counter his messaging.
Ignoring Trump, and assuming America knows better, is literally how the Democrats got Trump elected both times.
America clearly doesn't know better. America is NOT as smart as Democrats have continually assumed the last decade.
All Democrats have to do is talk at a 5th grade level to America, but that would require treating Trump like an actual threat instead of a joke.
They failed in everyway to treat Trump like the fascist threat he was, so those 90 million fell for the fascists bullshit instead.
So Democrats definitley get the blame for not being able to convince 90 million that a fascist lying conman was indeed a fascist lying conman. It wasn't hard, they just didn't care to try the way they should, (talking simply) as the assumed they didn't need to (for the 3rd time).
Would they have been better than the fascists? Absolutely. But they clearly care more about their BS perceived norms than beating fascism. Otherwise we wouldn't have a fascist in office again.
They learned nothing from the first time, then sat on their hands for the second, and just assumed people knew not to vote Trump. It's honestly embarrassing that they failed such an easy task by simply being too arrogant to counter any of Trumps campaigns with equally simple messaging TWICE.
All Dems had to do was talk like Trump, and some of those 90 million would have listened.
My dude. You are not grasping the point I'm making.
Both ACA and Dodd-Frank will unquestionably be gone in the next 3 years. Likely before the end of this one.
Sure. They aren't yet. But you might as well be telling me the strengths and accomplishments of Dems for their work on Roe v Wade. Because likewise, ACA and Dodd Frank won't matter once they're gone.
Because neither went far enough when it was critical for our society that they did.
Dodd Frank's few wins like the Madatory Reporting system (Cat) took 15 years, and a billion of our tax dollars to implement, and Trump 5 months to propose getting rid of.
ACA was already cut down last Trump admin with Trump adding denials for pre-existing conditions back into the mix.
And all because when the Dems controlled the house, senate, and presidency - and had a clear shot at an actual solution to the growing problem of Healthcare costs - they capitulated the idea of a public option to Lieberman for no reason at all:
https://en.m.wikipedia.org/wiki/Public_health_insurance_option
Is the ACA great? Sure. Love it.
But it's done absolutley nothing to curb the rising costs of Healthcare.
Instead, it has enflamed them by making medical insurance mandatory. This padded the bottom line of our predatory health insurance industry, and allowed them to slowly cook us for the decades to come. All so Trump could then make one change in the 2017 budget bill so insurance could then deny us coverage for existing conditions while pushing mandatory payments onto companies that could afford their needlessly rising costs.
Now Healthcare insurance CEO's are getting shot, as the money the ACA forces companies to pay towards insurance isn't actually going to our Healthcare - it goes towards funding AI to deny us coverage.
That's what I mean by bandaid.
The ACA was a paper hat on problem that made it look a whole lot better, but actually just let it get worse. That hat can also be easily removed, turned upside down, and then used by the GOP to funnel salt into our countries wounds once they feel like it.
Working together with everyone else in Arizona to elect Democrat Kristen Synema didn't determine policy either.
That's my point.
Our "representatives" do not, in fact, have to represent the will of the people that elected them. There is zero mechanisms forcing a Democrat to act like one, and millions of dollars in corporate fundraising incentives to act otherwise.
But instead of acknowledging this reality and pushing for their accountability, I should run for their office instead?
I'm ALL for a new political party. And I 💯% agree that me and others would make a hell of a difference in office as Democrats or otherwise. I completely agree with you there.
What I don't agree with, is that fixing the Democratic party is my responsibility.
My responsibly is to fix America. Not the political party that always fails to stop the GOP from breaking it.
I've been voting Dem for decades, and all I've heard from them is that my fears about the future were unwarranted, despite us now all living in them.
Just as you are telling me now not to worry about the ACA and Dodd Frank. They will disappear, just like everything else the Dems have accomplished in my adult lifetime. Not because the GOP undid it, but because DEMS didn't work hard enough to make sure it couldn't be undone.
If you want me and others to help the Democratic party, you should acknowledge why that help is needed.