Where is the wealth?

I think this situation also highlights the fact that having a status quo filled with old people is a bad idea, and maybe we need to limit the oldsters participation in politics and the economy.
If by old people you mean folks 65 years and older, I would find it hard to agree. Unless they are senile, have underlying conditions or physically unfit, I would rather have oldsters in charge than take my chances with people 55 and younger. Mind you, I say this even though I am 44. Could you give reasons for your comment?
Oneguy said, "...The people in charge are straight up unreliable and they obviously hate most Americans, but they have every escape hatch blocked. Trump isn’t one of them but he can’t fight them."
I agree that whoever is in charge is screwing things up, but who EXACTLY is it that IS in charge? What "escape hatches" have "they" blocked? How do you know T rump is not part of "it"? And that he can't fight "them" despite his position?

I sort of like the idea of age limits in some national offices, like the Presidency, Congresspersons, and maybe even Supreme Court Justices to 65 or 70 yoa. But this should not prevent them from getting other roles in the federal govt, for which they are still more qualified than others.

Also, my suggestion would probably require a constitutional amendment, so color it moot.

If by old people you mean folks 65 years and older, I would find it hard to agree. Unless they are senile, have underlying conditions or physically unfit, I would rather have oldsters in charge than take my chances with people 55 and younger. Mind you, I say this even though I am 44. Could you give reasons for your comment?
Older people want to preserve what worked for them to get where they are in life -- even if what worked for them no longer works for younger generations. That is completely natural, but the older generation eventually looses touch with what is going on with younger people so they cannot be relied on to change anything.

I think political office should only be open to people who are still in their most productive years. Say, 35-55.

I agree that whoever is in charge is screwing things up, but who EXACTLY is it that IS in charge? What “escape hatches” have “they” blocked? How do you know T rump is not part of “it“? And that he can’t fight “them” despite his position?
Old neoliberals are in charge. They have taken over the entire system so that it's impossible to escape the crumbling economy without paying them for short term relief.

Trump isn’t a neoliberal because he’s anti-globalization.

 

 

Are you saying Mitch McConnell is a neoliberal? By what definition?

Older people want to preserve what worked for them to get where they are in life — even if what worked for them no longer works for younger generations. That is completely natural, but the older generation eventually looses touch with what is going on with younger people so they cannot be relied on to change anything.
There is truth in what you say. In that case, even the older people should not be allowed to vote and be benched to take their place with the young uns 18 and younger.
I think political office should only be open to people who are still in their most productive years. Say, 35-55.
True again. I would go along with this plan if we apply your political philosophy from the ground up: retire our antiquated way of governing hatched out by oldsters (Founding fathers) and replace it with a fresh and modern one that is managed by technology. Our revered Constitution is a blueprint not fit even for operating a Model T Ford. It would be exciting for the 35-55 to come up with a new management architecture to process the massive amount of information churned out by a multi-trillion dollar economy and make decisions at lightning speed for running the USA at warp speed on 5G. This is where China is heading, and we have got to beat them to it.
In that case, even the older people should not be allowed to vote and be benched to take their place with the young uns 18 and younger.
Kharma is a bitch.
It would be exciting for the 35-55 to come up with a new management architecture to process the massive amount of information churned out by a multi-trillion dollar economy and make decisions at lightning speed for running the USA at warp speed on 5G.
What exactly is stopping them?

 

Oneguy: "Old neoliberals are in charge. They have taken over the entire system so that it’s impossible to escape the crumbling economy without paying them for short term relief.

Trump isn’t a neoliberal because he’s anti-globalization."


Old neoliberals. There is the group that is causing all of our problems??? Not the Illuminati? They run the entire system and have made it so that our economy will crumble unless they are paid something???

Name these dastardly old neoliberals who decided to downplay C-19 until it had already washed over the USA? (Cause that looked like T rump to me.)

Who were the old neoliberals who have dragged their feet on establishing massive testing for C-19?, cause that seems mostly like T rump to me.

Name the old neoliberals who have trumpeted the use of questionable if not deadly false cures for C-19?, cause that seemed like T rump to me.

Name the old neoliberals who won’t take responsibility to get a national testing program done?, cause that seems like T rump to me.

Who are the old neoliberals who are blaming EVERYONE else they can think of for our pathetic handling of the pandemic?, cause that seems like T rump to me.

What old neoliberals are promoting the worst partisanship and greatest division of our populace of our lifetimes?, cause that seems like T rump to me.

What old neoliberals know as much about simple medical concepts as a (non-precocious 6 year old)? cause that seems like T rump to me.

Are you sure that you are not just making crap up, because you are SO MUCH AGAINST GLOBALIZTION? T rump is your champion, because he is so happy to screw others in the world? He is also screwing us Americans if you haven’t noticed.

He talks about how everything is going so beautifully, how his admin has done everything perfectly, yet 63K dead the curve of death has just flattened out and he is fomenting the population to abandon social distancing. And the economy which he says is going to jump right back up, and SOON, is sinking toward a Great Depression.

But you think the old neoliberals are behind all of this death and despair and that they are somehow corralling T rump?

Where do you get your conspiracy theories from? Cause this one seems sort of weak to me.

 

 

Covid 19 is a globalized virus, now. T rump didn’t do much to even slow it down, and he did a lot of ignoring it for a long time, allowing it to completely invade the USA.

So there’s your globalization (a pandemic), and the man you expected to prevent the ills of globalization, has worsened the ill effects of C-19 and is worsening the economy, even now, with his incompetence, irresponsibility, poor judgement, divisiveness, mixed messaging, and his constant self-servitude.

And oops, whaddaya know, we could use some globalization, about now to combat a PANDEMIC.

If Obama were still POTUS, he would be leading the world out of this by now.

As it is, our getting our asses kicked by C-19, under T rump, will go on until we have a vaccine.

Now T rump will press for that, with everything he’s got, cause that is his potential ticket to a 2nd term.

Full steam ahead on the Vaccine! Safety testing shortcuts? Oh yeah! For sure.

I suggest not being among the 1st million to get the vaccine.

What exactly is stopping them?
Liberalism. It began in the sixties in the Summer of Love when they were being spawned. There is a book about this called "Closing of the American mind".

Nobody did anything to slow it down. Constant global travel means pathogens will easily spread – but that’s not the point.

Globalization means a few massive corporations benefit from limitless worldwide interconnected economies and political structure that supports it. Offshoring US manufacturing to China so cheap garbage can be produced by people who live like ants and shipped back to us is an example of globalization. Refusing to tighten borders because we need cheap labor is another example. It could accurately be described as the free market on steroids.

Are you saying Mitch McConnell is a neoliberal? By what definition?
He might as well be. He seems to be totally in favor of the free market above all else and socially a classical liberal.
socially a classical liberal.
Evidence?
I have no economics background
I suggest you might want to read up on the history of the dark ages in Europe. Get a grip on what caused it, how they survived it, how the Renaissance came about and how we entered the Industrial Revolution. Pretty much all anyone needs to know about economics is in that history.

Fact is that wealth has always been the resources required to produce an income. Way back that was land; it still is to some extent. Today we allow the corporate form of enterprise and that has become the preferred resource. The people who control (own) the resources are, and always have been, the wealthy.

I say again, everyone who has ever planted a seed with the hope of gaining something other than another seed has practiced capitalism. Capitalism is the application of resources - land, money, time, effort, etc - to produce more than what was expended - a profit. If a hunter-gatherer wants to continue living he does not expend 1000 calories to consume 500 calories.

First law of economics is that needs (and wants) are unlimited while resources are always limited. When either supply or demand gets too far away from equilibrium something reacts, usually violently. I think it quite possible that the virus problem will bring the fact of income disparity to the fore and we will have a dramatic changes in societies around the world.

It was the fleas carrying plague that came into Europe with trade goods from China that caused the dark ages; now another plague from China called Covid-19 is here.

It was the fleas carrying plague that came into Europe with trade goods from China that caused the dark ages; now another plague from China called Covid-19 is here.
The flea carrying bubonic plague was caused by bacteria. The Covid plague now is caused by a virus. What is a bacterium and a virus? Are they living organisms or lifeless packets of biochemicals? How do we define a living thing?
Globalization means a few massive corporations benefit from limitless worldwide interconnected economies and political structure that supports it.
Why just a few "massive corporations"? Why not many thousands of corporations?
It was the fleas carrying plague that came into Europe with trade goods from China that caused the dark ages; now another plague from China called Covid-19 is here
What plagues? They came at the end of the dark ages.

Globalization has its problems. So does Nationalism. Nationalism leads to World Wars. And T rump’s brand of nationalism is leading to the decline of standing in the world of the USA. In a world where it is every nation for itself, I would say that in the long run, CHI-nah will be on top.

What plagues? They came at the end of the dark ages.
Yes, one can make a reasonable argument on when different periods of the dark ages began and ended, but the source is generally considered to be China.

https://en.wikipedia.org/wiki/Plague_of_Justinian:

The Plague of Justinian (541–542 AD, with recurrences until 750) was a pandemic that afflicted the Byzantine (Eastern Roman) Empire and especially its capital, Constantinople, as well as the Sasanian Empire and port cities around the entire Mediterranean Sea.

Genetic studies of modern and ancient Yersinia pestis DNA suggest that the origin of the Justinian plague was in Central Asia. The most basal or root level existing strains of the Yersinia pestis as a whole species are found in Qinghai, China.