Who gives a fuck about the macroeconomic perspective
The economy, to any person with a pulse, means “can I afford to live”. If the dictionary definition of an economy is different, then speak the language of the people.
Then you have to be willing to do economics like in Europe and redistribute (the GDP) wealth to basically make everyone middle-class. But Americans are also unwilling to do that. That’s “socialism” or “communism” or whatever label conservatives like to add to it. The US may have a somewhat higher GDP than many European countries, but most Europeans feel much more financially secure than most Americans.
Who gives a fuck about the macroeconomic perspective
The economy, to any person with a pulse, means “can I afford to live”. If the dictionary definition of an economy is different, then speak the language of the people.
Then you have to be willing to do economics like in Europe and redistribute (the GDP) wealth to basically make everyone middle-class. But Americans are also unwilling to do that. That’s “socialism” or “communism” or whatever label conservatives like to add to it. The US may have a somewhat higher GDP than many European countries, but most Europeans feel much more financially secure than most Americans.