If floundering leaders r #newnorm we’re in v dangerous time
"post-WW2 welfare states eroded by capital’s escape fr #regulations, #taxation & #employment #standards tt govts once enacted, & none of e nations’ #governments cld arrest e shift in income fr wages to invts. #Offshoring ⏬️ # of & rewards for jobs in #industry.. broad prosperity of 30 yrs aft WW2, when #democracies w adv econs saw #realwages & median incomes⏫️ due to #preglobal #socialcontracts has long vanished"
https://prospect.org/world/2024-12-23-biden-unpopular-check-out-fellow-leaders/