Friday, 17 July 2026

Being Irrational About The Economy

Irrationally living paycheck-to-paycheck or carrying high consumer debt for non-essentials.

Irrationally buying status things (cars, phones, clothing) that depreciate rapidly instead of assets.

Irrationally obsessing over homeownership even when renting is financially superior in many markets.

Irrationally pursuing college degrees with poor ROI while trade skills and apprenticeships pay well without debt.

Irrationally blaming "corporations" or "the rich" for price increases while ignoring monetary policy, regulation, and supply constraints.

Irrationally expecting endless government benefits without considering who ultimately pays via taxes, inflation, or debt.

Irrationally ignoring automation/AI displacement while demanding wage floors disconnected from productivity.

Irrationally high spending on entertainment, subscriptions, and convenience while complaining about "not getting ahead."

Irrationally avoiding  building emergency funds up despite repeated economic shocks.

Treating student debt as uniquely unforgivable while other consumer debt is not.

Irrationally supporting policies that increase housing costs then blaming landlords or "greed."

Irrationally overvaluing credentials and degrees over demonstrated skills.

Irrationally ignoring inflation's effect on cash savings.

Irrationally supporting large fiscal deficits and then surprised by interest costs or future tax burdens.

Irrationally.....over and over.....blaming capitalism for poverty while it has coincided with the largest reduction in global extreme poverty in history.

Irrationally expecting perfect equality of outcome rather than equality of opportunity and rules.

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