this post was submitted on 24 Jan 2024
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No Stupid Questions

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In the last 5 to 10 years everything seems to suck: product's and services quality plummeted, everything from homes to cars to food became really expensive, technology stopped to help us to be something designed to f@ck with us and our money, nobody seems to be able to hold a job anymore, everyone is broke. Life seems worse in general.

Why? Did COVID made this happen? How?

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[–] MNByChoice@midwest.social 31 points 9 months ago (4 children)

Things were getting really good in the late 1990's to early 2000's. Pay was up, more people were making money and starting companies.

Then 2008 happened.

Since then the lower 99% have been fighting over less and less. Some people try to build, but it often gets destroyed by others. Some take their anger out on the physically near them.

[–] Cowbee@lemmy.ml 15 points 9 months ago

Every major crisis, the bourgeoisie claim more and more while the Proletariat loses more and more, because they have to spend their money on survival while the wealthy can swoop in and claim cheap Capital.

[–] qprimed@lemmy.ml 5 points 9 months ago* (last edited 9 months ago) (2 children)

Then 2008 happened.

I am going to assume you reference the financial meltdown that had been brewing for years and had been fore-ordained by the weakening of regulations by prior administrations... correct?

edit: but, of course it could also he the incoherent rage of the right over a non-white president. so many options, so little thoughtfulness from a certain segment of the electorate.

[–] beardown@lemm.ee 11 points 9 months ago (1 children)

They're obviously talking about the recession. You're ascribing malice for absolutely no reason in an attempt to distract from economic realities

[–] qprimed@lemmy.ml -4 points 9 months ago* (last edited 9 months ago)

I was honestly ascribing nothing to the parent comment. it was a genuine request for clarification (with a little editorializing of my own).

if my comment was not to your liking, then so be it, but I assure you that no malice was intended.

[–] MNByChoice@midwest.social 6 points 9 months ago

I meant the financial meltdown. I debated calling it the 2007, as that is when the cracks started. I acknowledge that the financial meltdown has is roots far earlier, but all financial meltdowns do.

[–] Wahots@pawb.social 5 points 9 months ago

If you haven't watched The Big Short, you should. Michael Lewis breaks it down nicely. He does really good books and movies that show the rot and corruption that we need to root out with regulations and better funding.

[–] Powerpoint@lemmy.ca 2 points 9 months ago

You missed the 80's. The 90's could've been even better if it didn't get fucked by Conservatives.