Not to be pessimistic

[Bernard]

But it hard not to be when it comes to economic issues these days.

Link to video

[jon-nyc]

Weird he doesn’t mention the unsustainable government debt and retirement/healthcare liabilities. That’s probably the biggest economic threat to the middle class.

[Daniel]

The middle class are causing the problem with programs they paid for with dedicated taxes along with the poor and what they cost others? It isn't the trillion $ defense budget (war budget now I guess) increased by 1/2 trillion overnight? It isn't the endless wars? It isn't the endless corruption? It isn't the fact oligarchs and corporations pay no taxes?

[wtg]

Nifty chart that shows where the money goes. And were it comes from.

https://usafacts.org/articles/this-chart-tells-you-everything-you-want-to-know-about-government-spending/

[Bernard]

@Daniel said:

The middle class are causing the problem with programs they paid for with dedicated taxes along with the poor and what they cost others?

How do you derive this from the video? He is stating that middle-class "security" is very vulnerable at the moment, that financial instability is inherent in our system, that a major collapse could occur very soon and it will be very uncomfortable for a lot of people.

I hope a few things. One, that Democrats take over the House and Senate this fall and the presidency in '28. That they impeach the mother fucker, start holding those who broke the law accountable, start writing solid, strong regulation of the financial and business sectors, and at the very least, take the essentials of life out of privatization and into non profits. It's the only way capitalism will manage to live on in a way that is healthy for all of society.