In Reply to: Re: So the source is not a favorable character posted by sprinter on April 08, 2024 at 13:18:01
the more out of my comfort zone I end up in. That said, off the top of my head, I'd like to see some form of wealth tax (needs to be calibrated very carefully, obviously), measures to minimize income distribution gap by indexing worker wages and CEO compensation packages to the revenues generated by corporations, healthcare and education costs need to be controlled but not by throwing federal dollars at it (the more money the government makes available the higher the costs go), maybe a form of minium income in connection with the upcoming AI/productivity onslaught around the corner, increased loans on small businesses because that's the part of the economy that makes the bigger impact on people's lives, splitting some of the megacorporations and pushing out more aggressive anti-monopoly measures would be nice, taking down all these loopholes that corporations use to not pay any taxes, and find a way to foster a corporate environment where workers are empowered in some way, whether it is through unions or not.
Clearly, corporate earnings, stock market ups and downs, and consumer confidence etc are valuable metrics but you gotta admit that they give you only one side of the picture: how well the wealthy are doing and how much more wealth they expect to make in the next quarter, which, as we know, can be quite divorced from what most people feel in their daily lives ... then we wonder why there is a disconnect between what those numbers say and what people feel.