• Pectin8747@lemmy.ml
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    1 year ago

    The portrayal of “Bidenomics” as a success story serves as a classic illustration of how power structures manipulate economic indicators to project an image of prosperity, obscuring the underlying reality. While the figures may indicate growth and a decrease in unemployment, they are detached from the lived experiences of millions who continue to suffer from food insecurity and financial hardship. The discontinuation of essential aid programs reflects a broader systemic failure, where policies are shaped by elite interests at the expense of the vulnerable. It’s a pattern we’ve seen repeatedly in the history of state-corporate management of the economy, where the welfare of the general population is subordinated to concentrated private power.