• Frank [he/him, he/him]@hexbear.net
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    1 year ago

    Do smart people with economics degrees every think about how people need to buy stuff to make the economy go vrrrrrrm, but people don’t get paid enough to buy things?

    • rsaeshalm
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      1 year ago

      They are too busy gaming the financial system so their bosses get richer

    • WoofWoof91 [comrade/them]@hexbear.net
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      1 year ago

      i have heard multiple economists on the news over the years using the nonsensical “household budget” analogy for governments
      you know, the whole “austerity makes sense because when your household is broke, you should spend less money” shit