The economic world for rich white men is lovely and sunny right now; rose-colored lenses are blooming everywhere. If you don’t want to step out of your carriage to smell them, they’re giving them out down at the country club. All in a day’s needs to make everything seem better than it really is.
There are some quite reasonable explanations for what’s actually happening.
First, we’ve laid off so many people that we’ve flatlined: the U.S. economy is at a plateau and cannot easily cut workers past this point.
Second, it’s the spring holiday season—temporary workers are being hired for Valentine’s, Easter and the slew of other holidays until the end of May, but will likely not be retained.
Third, jobless benefits have been cut for many, many long-term unemployed USians. Unless there are literally around 400,000 new unemployment claims every month—which would suggest that the economy’s hemorrhaging instead of recovering—the decline is easily accounted for by the defeated and the hopeless.
Why are capitalists so fucking desperate about this? It’s getting ridiculous now—every four days, they’ve been screaming, “The economy’s recovering! The economy’s recovering!” as if that’ll make it true. (Then again, that might actually be what they’re attempting to do—while forgetting altogether that the economy is at a crisis point because they’ve sucked the working/paying classes dry.) Humming a cheerful tune about how it’ll all be alright does not make it so, especially if you personally are invested in the social/financial climate that fucked everything up in the first place.
I am so fucking tired of these articles and speeches from rich white men about how the economy is getting better, or worse, or whatever. Where are the articles from people who had to move back in with their parents, and how their hair is falling out and they’re getting ulcers from the emotional abuse, but they don’t have any health insurance to take care of it? I want to see articles from people talking about how the hip-hip-hoorayism of economists makes them more depressed and anxious and less able to search for a job, because now it’s their fault—the economy’s recovering, after all, so it must be just them! Articles about how people are getting fucked over by their employers but they can’t complain or do anything about it because then they’d lose their job, and how that’s a bigger threat than simply having to deal with it.
I want to read articles in the mainstream press in which capitalism is not assumed as the default state of the world, like it just is so you can’t question it or make it better. I want to read articles questioning how the fuck USians can live with themselves when every action of theirs supports a system that chooses some people to succeed beyond necessity and reason at the expense of many, many more who will be condemned to starve, freeze and die of thirst, beaten by teenagers and cops.
It’s unacceptable to support a system in which so many people are set up to be losers just because you do not lose—because you don’t have to fear starving to death, freezing, dying of thirst, being beaten by the cops and being treated like you’re filth. Because that’s what you think you’re supporting the system against; this is what you’ve been told is the alternative to capitalism, and you fucking cowards just sit there when people get hurt because you’re too stupid and too lazy to think that, gee, maybe the people who benefit from this system have a reason to scare me about the alternatives—maybe they enforce this reality on the “losers” of capitalism so that they can scare me into thinking that this is what it’d be like all the time if my benevolent overlords weren’t here to protect me with their Invisible Hand.
Optimism, when it ignores the plight of those suffering, does nothing more than prolong that suffering. Sitting with your thumb up your ass, passively waiting for the economy to recover—like the rich somehow aren’t in control of who lives and dies by capitalism—is privileged as hell. It’s unethical. It’s wrong to pretend you have no control when, in fact, you do. These people weren’t hired by the Invisible Hand; they were hired by people, and they were fired the same way.
It stands to reason that you should hold those people accountable instead of blaming it on some mystical force.
(Original U.S. Department of Labor weekly stats page here.)
ETA: Actually, a little bit of extra sleuthing turned up the fact that yes, actually, the “new jobless benefit claims” refer to actual first-time unemployment benefit applicants. So 396,000 new claims every week is… recovery… ?
Well, fuck that backwards noise. Welcome to the new world. I’m gonna water the plants now. Oranges, anyone?