Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

IMO there's two economies, maybe divided by those who participate in the stock market and those who don't. We, Americans, have largely given up trying to improve the lives of people not in the first group. Economies are living, breathing entities and we're just grinding poorer people for fuel so richer people can have another house, another boat, another company. A lot of regular joes are really stressed out about paying rent. The loss in faith is warranted.

This isn't based on economic theory or anything, it's just a political choice we have made as a country. We've chosen to reward those who move money around and trade capital more than we reward those who labor. And this at a time when, supposedly, the country is trying to increase its ability to build things.

I thought this specific fact worth mentioning.

The people in power do not want to lose control, but clearly have no idea how to manage the scale of what has been built. There's an American leadership crisis going on right now that is hard to ignore, both in public and private life.

Normal people are not represented in congress, because politicians are not normal people, but if we chose people by lottery we would have a branch of congress filled with normal people. They would have time enough to study the issues. Some of them would be stupid, but this is no worse than the current crop of politicians.

https://en.wikipedia.org/wiki/Sortition

I believe that this was one of the great mistakes by our founders. I'm sure that many suggested it, but unfortunately their ideas were suppressed due to our roots in slavery, colonialism and aristocracy (meritocracy today).

That’s violent enough even if you don’t consider the fact that de facto martial law is about to descend on major cities all over the country in the next few weeks. I’m doubtful that Greeks were anywhere near as volatile or violent as Americans are today.