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Austerity good. Climate rescue bad. WTF.
We all know the narrative — people will revolt and there will be violence in the streets if we stop using fossil fuels. We must have plentiful and cheap gas even at the cost of a habitable Earth. (It is, of course, just a coincidence that the wealthy and powerful people make their money from fossil fuels.)
What about crushing working people with job-killing interest rates to try and reduce inflation? Well, that’s just austerity. Hey, that’s the kind of suffering that builds character. (It’s just a coincidence that high interest rates reduces employment and wages. You know, the labor market is “overheated” — which means working people are in danger of getting paid better.)
These lies are getting pretty old. We’ve been told this nonsense repeatedly for decades. They are clearly excuses for unworthy politicians who serve the rich to hold political power and to protect the oil stained billionaires who finance those politicians. It is not and never has been about the well-being of ordinary Americans.
Remember, when Wall Street destroyed the economy with massive fraud in 2008–9, politicians not only rescued Wall Street. They also used OUR TAX DOLLARS to give huge bonuses to the CEOs and executives who were responsible.
