If you want to fix America, you need to start with its broken economy. And it’s economy is really, really broken.
Americans have little idea how much they overpay for basics and staples. One example is healthcare, but a better one is food. Food in America costs way way way more than Europe or Canada, at least decent food.
Americans are exploited and ripped off in every possible way and sphere of the economy by monopolies, owned by billionaires who grow perpetually richer, while they grow poorer.
The result of this broken economy is that America has become the worlds first poor rich country, the average american unable to make ends meet, living and dying in unpayable debt.
And if there’s one thing modern history teaches us, it’s that nations of people falling into downward mobility and unpayable lifelong debt collapse into fascism, by way of rage, hate, and powerlessness.
America’s problems begin with its economy. America’s intellectuals seem to have little idea how bad the economy really is for the average person, though. Biden has to cross this disconnect or his presidency fails.
You can follow @umairh.
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