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underlipton 5 hours ago

You also kill the people who would have become highly-productive in the future. Their early career is defined by trauma that they learn is the norm, and they spend the rest of it reacting to real and imagined threats based on that norm.

This goes for the economy writ large. There are two generations of Americans who have been taught that housing is unstable, and that so is their paycheck, and that neither political party will lift a finger to help in any meaningful way (i.e., one that sacrifices donor sentiment and dollars). It's like the opposite of postwar Europe and Japan. How do you fix half the country not believing in your economic model?