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Comment by sfblah

2 hours ago

I disagree. The massive divergence between US household income and European household income since 2009 tracks almost perfectly Fed interest-rate policy and government deficit spending.

The federal government has spent the time since 2009 lighting the furniture and the house on fire to support unsustainable increases in domestic standard of living by effectively mortgaging the future. The problem we have dwarfs anything that was happening during the Bush era.

Likely the difference between you and me is this: I'm 50 years old, already wealthy from tech, and planning to leave the US. You're probably still trying to earn your way. Sadly, I'm pretty sure we've pulled the ladder up, and folks like you are going to reap the whirlwind, as they say.