• afraid_of_zombies@lemmy.world
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    1 year ago

    Now you know how everyone making under half a million a year in 2007, anyone making minimum wage, and everyone with student loan debt feels like. Economics isn’t a science, anymore than marketing or the law is. It is the art of using the givens about human nature and convincing people that your employer is correct. A lawyer is to be a zealous advocate for their client, an economist is to be a zealous advocate for their client.

    There is a reason why economists agree that the Wall Street bailouts were a great idea while student loan amnesty is a bad idea and minimum wage increases create unemployment. No one is paying them to say the opposite.

    No I am not bitter. You people are doing the job you are paid to do. Just like any influencer, lobbyist, marketers, or oil company climate researcher.