I've been listening to the most recent Crowder episode in the background as I work, and I have mixed thoughts.
Let me preface this by saying that a lot of statistics do seem to indicate that-- this time-- the lowering "headline" U3 unemployment does seem to be, at least to some degree, reflective of a rising labor force participation rate. I think it's safe for Donald Trump and his tax program, plus his de-regulation push at the agency level, to take some credit there. So I'm far from one of those permanently-unhappy doom mongerers: where it's occurring, more people working and rising wages thrill me; it's phenomenal!
What I think Crowder and his crew are missing-- ignoring?-- though is that today's "income inequality" is not the traditional libertarian, organic "a rising tide lifts all boats" kind of deal. Where that has been in the case in the past, I'm with them: who cares about "income inequality"? Rather, this time around, central banks have created trillions in brand new currency, then doled it out to the most connected people, who then cashed in by loaning out and subsequently collecting interest on those trillions.
When you aggregate and roll up that behavior into a chart, you get those 2019 "income inequality" graphs! In other words, it's "money changers" on steroids: artificial central banking liquidity enriching a handful of people while everyone else is inundated with record-setting levels of global debt. And at least to me, that seems morally bankrupt.
Yet in Crowder's show, I have never heard the Federal Reserve mentioned once. How you could have a discussion about "income inequality" and not even just name drop fractional reserve banking is beyond me.
They also continue to blanket-mock the question about whether Jewish people, who seriously and disproportionaly are over-represented in media corporations, banks, and state advisors, can legitimately serve two masters-- Israel and the United States-- where their best interests are in direct opposition. To me, that's a conversation at least worth having.