>I feel that our fiscally irresponsible government is to blame. Wealth redistribution?
The irony is that (in my opinion) all of this was created because we wanted to redistribute wealth - but we did it by creating easy access to debt (dominantly, debt access for real estate and debt access to college, two signifiers of wealth that possessing them, as it turns out, does not make you wealthy), and because we wanted to grant everyone the luxury of illusory security that the rich "enjoy" without considering the upside cost of trying to cover everyone with no holes in the social service. So we got a whole bunch of bureaucratic overhead to make sure we are in compliance with artifical metrics and schemes to guarantee equitability, yet more people are falling through the holes. There's a greek word for this: ὕβρις,
Truly, our society in many ways is no better than the cargo cults.
The irony is that (in my opinion) all of this was created because we wanted to redistribute wealth - but we did it by creating easy access to debt (dominantly, debt access for real estate and debt access to college, two signifiers of wealth that possessing them, as it turns out, does not make you wealthy), and because we wanted to grant everyone the luxury of illusory security that the rich "enjoy" without considering the upside cost of trying to cover everyone with no holes in the social service. So we got a whole bunch of bureaucratic overhead to make sure we are in compliance with artifical metrics and schemes to guarantee equitability, yet more people are falling through the holes. There's a greek word for this: ὕβρις,
Truly, our society in many ways is no better than the cargo cults.