I’m an Economist. Don’t Worry. Be Happy.

Wow this is such utter bullshit. Fucking clown. Idiot.

That’s because the currency that really matters is how many hours you have to work to afford your groceries, a small treat, or a home, and none of these real trade-offs have changed.

Now here’s my motherfucking rebuttal:

Really, housing is the major issue here. Economists love to obfuscate and directly lie about this aspect of the economy, but it only takes a really cursory examination of the facts to refute their absurd and factually baseless claims. (A sociological examination of why they feel they must do this is a project for another time.) They like to claim that if you compare square footage then people pay about the same as they used to because houses have gotten larger. Which, yes, they have gotten larger. BUT I CAN’T FUCKING JUST GO BUY 400SF IN 99.99% OF PLACES. FUCKKKKK.

I’m wondering how college-educated people can be so incredibly, inexplicably dumb. The economy is not actually doing great; not for most people. Housing being woefully unaffordable for the majority is now starting to have major consequences.

Economists are the paid jesters of the ruling class.