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Wow, that's terrible news...

I just don't understand why this is something people would want.



Because a lot of people believe that large government institutions are nothing more than job programs for voters of Democrats.

The image is that for every scientist at Nasa there are countless administrators, HR ladies and diversity hires


That's a very cynical and ignorant image...


Many Americans are invested in getting rid of Earth science altogether. The less the people know about the state of the atmosphere, the better it is for Exxon. NASA had an extremely large Earth science mission.


Because a LOT of people have been left out of economic progress in Europe especially, and in the US. They want, even need change, and Trump came with a "believable" story for change. As in, more change than a president Harris would have delivered.

Unless we get economic progress more equally spread this will get worse and worse.


I don't think this is true or at least is not reflected by any statistics.

Inequality, as measured by GINI has been falling both for the EU as a whole and within most European countries for decades now. The last decade in particular has seen declines in nearly all EU countries.

Taking the EU on average the last time it increased was in 2014 - which is to be expected as the 2013 expansion allowed a number of relatively poor countries into the union.

For individual countries, you can check the statistics here: https://data.worldbank.org/indicator/SI.POV.GINI

A few examples, I looked at Ireland in particular, and inequality has never been lower - the earliest statistics I could find is from the mid-1980s. Inequality peaked around 2000 for the UK and has declined hugely since then. France is more equal than it was in 2000 although the fall is less dramatic than that for the UK. Admittedly Germany has seen a slight rise since 2000 but Germany has also absorbed millions of very poor refugees in that time.

The US is an outlier globally - with rising inequality over the last few decades.

Slightly off-topic, this untrue claim of rising inequality in Europe is often presented without challenge and then used to justify some radical political solution. To my mind, it's using the same political "mind hack" that the the MAGA/alt-right in the USA have used (in this case concerning race, immigrants, global multilateralism, or social tolerance - "wokism" - in general).

For both, the veracity of the claims is apparently unimportant and uninteresting as long as the claim aligns with one's political orientation. The goal of these oft repeated untruths is to provoke indignation or anger - in order to drum up support for some radical political "solution".


Gini does not give a full picture, it is just one measure.

Here is a German podcast on the high quality "Deutschlandfunk".

Headline: "Only the top four percent make it to the top in Germany."

> Despite political upheavals over the past 150 years, Germany's elites have remained the same. Sociologist Michael Hartmann criticizes the fact that only four percent of the population shapes the country. He calls for a quota of working-class children on executive boards.

Same with Germany's schools, my country has one of the worst records when it comes to mixing it up. Those who come from well-educated parents will become well-educated. Society is quite static.

Next, Germany puts the majority of the financial burden of financing the country on incomes from work. Income from capital, or much worse, inheritances, are not even considered, whenever the government needs to plug holes it's going to come from working income.

Also, the number of bad jobs, especially those where even many engineers don't work for the actual employer, but for companies that lend them out, has only risen decade by decade to absurd heights. Employers may claim that is to work around the strict labor laws, that they cannot just fire somebody they don't want, but that is an incomplete statement at best. The entire economy has gone away from stable long-term, even life jobs, to ever more insecure employment. That is part of why our birth-rate has just dropped to new record lows too, there is just too little security and too much uncertainty in one's live these days.

We are also terrible at providing housing, which also depresses the labor market because moving has become risky and costly, there just is no housing no matter where you go, and if you find something it's likely to be much more expensive than what you had.


> Here is a German podcast on the high quality "Deutschlandfunk".

I forgot the actual URL! It's German though. And a podcast (19. July 2025, 29 minutes) But it's good and quite thorough and has a lot of details, so if you understand German, it is worth a listen.

They say the "elite" is about 4,000 people in Germany, defined as those having significant and real influence in politics, law, media (highly concentrated ownership), business.

https://www.deutschlandfunkkultur.de/eliten-seit-dem-kaiserr...


The problem with those stats for Ireland is that the Gini coefficient measured by the World Bank just looks at household income, not wealth. Much of the inequality in Ireland in the last few decades has been driven by the explosion in property prices and rents. This has created a great deal of inequality between people who benefited from the rapid increase in price of those assets, and the people stuck paying much higher rents. In roughly a generation (30 years) property prices have increased by roughly 600% after adjusting for inflation.

https://fred.stlouisfed.org/series/QIEN628BIS


Household wealth inequality has also fallen significantly in Ireland. Longer term statistics are more difficult to find compared to income inequality but see Chart 3 here - https://www.centralbank.ie/statistics/statistical-publicatio... - provides a 12 year time series which proves this.

Irish property prices are and have risen considerably - but "600%", I think, is a somewhat dramatic way to present the increases - on an average yearly basis, it's been about 3.5% per year for the last 2 or 3 decades. To put this into perspective, average household incomes have been rising at a rate closer to 9% (non-inflation adjusted) per year - see https://www.ceicdata.com/en/indicator/ireland/annual-househo...


The source I linked shows the Ireland housing index going from around 33 in 1995 to over 180 in 2025. That's an over 6x real return, which equates to a rate of return of over 6.5% after inflation.

Looking at the CEIC data you linked, which is not inflation-adjusted, it shows household income increasing from just under $20k in 2003 to around $40k in 2023. Plugging that into the CAGR formula you get a 3.5% nominal annual return.

So house prices have increased at over 6.5% annually after inflation, while household incomes have increased at 3.5% before inflation.

And your other link makes it clear that the change in wealth distribution is really just a side effect of the housing bubble:

> The Gini coefficient fell from 0.78 in Q2 2013 to 0.70 as of Q4 2020, before declining sharply since 2021 (Chart 3). This steeper decline in 2021 is driven by increasing net wealth for the Bottom 50%, accounted for by a combination of a decline in this groups mortgage liabilities and, to a lesser extent, an upward appreciation in the value of housing assets. As a consequence, by Q1 2022 the Gini coefficient for Ireland stood at 0.68.


Yes I made a mistake in my calculation - household income (from that CEIC data) rose 4.1% per annum between end of 2012 and the end of 2023.

Your graph comes from BIS data - picking 1995 as starting point is a little unfair as that's exactly when house prices started to rise - if I measure from 1990, the rise (using BIS nominal nominal to make comparison easier) is 5.1% per annum.

But yes house prices have risen faster than household incomes. Like pretty much everywhere else in the world.

> And your other link makes it clear that the change in wealth distribution is really just a side effect of the housing bubble

The claim I was contesting was that wealth inequality had increased in the last few decades. It has not - it has decreased significantly.


True this is bullshit. The government has a direct policy of wealth transfer from the population to itself and banks, who have "foreign" (except of course not really, for the worst example look at the board of the "gift to Ireland" national wealth fund and how the very young board members have no qualifications or experience and DO have family in government ...) ownership. Which, conveniently, isn't counted in the Gini coefficient.

But if you count household wealth in houses in Ireland, household wealth in Ireland in 1986 used to be 3 average Irish houses, and now it's 1/3rd. This was, just like anywhere else, deliberate government policy, amongst others to allow banks to invest in housing stock, preferential tax treatment and guarantees for property ownership, government buying of specific (mostly politician owned) housing, non-enforcement of both Irish and non-Irish tax law ... the list goes on.

Ireland prides itself on creating prosperity by lying and cheating other EU countries out of their tax income. Surprise! A government that lies on international treaties (they promised to enforce minimum tax since 2008, then ... didn't, then claimed credit for the "unseen in history prosperity boom"). Surprise! A government that does that ALSO lied to it's constituents and instead of delivering prosperity took 2/3rd of every euro you own.

"Oops, who could have seen this coming"


Again, the statistics and numbers completely contradict this narrative. We have a statistic - income redistribution - which effectively measures government policy in this regard.

For example, Ireland's redistribution of income from rich to poor does more to reduce inequality than any other country in the OECD. The numbers are here: https://ourworldindata.org/income-inequality-before-and-afte... or look at Figure 1 on page 10 here: https://www.oecd.org/content/dam/oecd/en/publications/report...

And in figure 3, page 11 of the above report, Ireland has seen the 3rd highest growth in income redistribution in the OECD with redistribution from wealthy to poor growing by 40% in the space of a decade

So as far as I can see the facts indicate that Irish government policy is the exact opposite of what you claim.


Clearly, it redistributes mostly from normal people to the government, not so much from the rich to the poor. Wouldn't it produce exactly those graphs if anyone actually counted became a lot poorer, then the rich just need to get not counted (Isle of Man perhaps?).

I don't know why the rich in Ireland are somehow not on that graph, but when you walk around in Dublin for 10 minutes you see that this just isn't the real situation. It absolutely isn't the case that there aren't very rich people in Ireland and obviously they're not getting their wealth redistributed ...


Why it will get worse? They got what they voted for.


Because they're never fucking satisfied by what they've actually voted for. It's essentially the fundamentalist dynamic of blind faith, applied to the real world and making for terrible results.

The con artists they vote for are plainly not going to help their interests (and often work against them), yet they reject understanding this and instead buy into simplistic emotional propaganda that validates their frustrations and absolves their responsibility. Then after some years go by when the mess has set in and Democrats have the nominal power, the Republican media machine goes to work highlighting everything they've broken and pinning it on the current administration. Rinse and repeat.

(context: I'm a libertarian and I have many criticisms of the Democrats as well, but at least they haven't been directly sabotaging the country for the past several decades, culminating in this)


Didn't Trump just cut taxes for the top 1% while most of his voters are low earners with low educational attainment?


That would be one reason things won't get better for his voters. At which point they'll look for more extreme politicians. It will get worse.

Hell, it already has gotten worse in both France and Germany compared to the US. Imho Macron is more or less the same kind of politician as Trump (rich, and in it to make the rich richer), just a very different person (for one thing he's easily got 10x Trump's IQ, 10x Trump's looks, and doesn't look like an ancient golden retriever that got demummified for a presidential term). Obviously this guy failed to improve France's economic prospects, and every election cycle the actual Nazis, led by Le Pen, gain 5% extra of the vote. Germany differs a lot in the details, but something similar is happening.

The situation in (some parts of) Europe is like if you're hoping for 3rd Trump term, because Steve Bannon became a presidential candidate that polls over 50%. When Trump has just made immigration policy stricter in desperation, because even Trump realizes what a disaster that would be.


The issue is that what they voted for isn't going to improve anything in their personal circumstances. Not only because what's happening doesn't actually fix any of the issues, but even worse, it's being used to siphon money to private hands friendly with Trump.

There are no good outcomes until people stop voting for these grifters and con men.


This has exactly zero with being left out of economic progress and wanting it. They literally vote for people who are leaving them outside of all subsequent economic progress. And that was also their voting record in the past. What they actually voted for was culture war - disgust with trans specifically and hate toward anything that can be casted as liberal which includes science. It was wish for Christian autocracy and enforcement of associated values.

The feel good explanations are just that - feel good euphemisms. Acting on them failed in the past repeatedly. Politicians who tried to improve situation of these people were punished, repeatedly. Meanwhile, politicians acting in offensive and harmful way were rewarding even when they made lifes of their voters worst.

We really should stop projecting these good faith falsehoods when the are and were clearly false.


I don’t know enough about economic conditions in Europe to say something intelligent, but unfortunately I’m very pessimistic about the near- and medium-term future of America. There’s nothing on the horizon that will make life better for everyday Americans, who are currently struggling to keep up with the sharp rise in the cost of living in recent years. From tariffs to business uncertainties, all I see is life getting even more expensive, and we might reach a tipping point where everything falls apart. I’m also very concerned about the national debt and the dollar.

All I know is that the 1990s until now have been a bonanza for some people but increasingly difficult for many others. I blame this on the financialization of our economy, with housing policy in America’s coastal metro areas definitely not helping (municipalities restrict supply through zoning and other mechanisms, and the financialization of our economy only exacerbated matters by pouring gasoline on the demand side). This is a failure of our leadership class; I’m not just talking about politicians, but I’m talking about our wealthy, our corporate executives, and even ourselves when we have positions of influence. Collectively the leadership of our country has chosen maximizing their own material benefit at the expense of maintaining a livable society. The result is anger due to Americans increasly having a harder time just getting by while our “leadership” keeps adding to their power and wealth.

Due to anger over establishment politicians, the Republican Party has been completely captured by MAGA, and the Democratic Party has a very vocal left wing that came close to winning the 2016 primary and was a serious contender in 2020.

Unfortunately Trump on a good day is far more destructive than Clinton, both Bushes, Obama, and Biden on their worst days. Trump’s neo-mercantilist economic policies won’t bring prosperity, but unfortunately his stance on “culture war” matters have resonated with large swaths of the American electorate; we’ve long had problems with racism, xenophobia, religious bigotry, anti-intellectualism, and other related issues since the colonial era.

Moreover, despite Trump’s promises in 2016 to “drain the swamp,” Trump is backed by many prominent billionaires and other influential and powerful people. Trump is not a one-man operation; he would have no power without an entire apparatus of GOP politicians and a stacked Supreme Court.

The only thing keeping Trump’s popularity afloat is his relentless attacks on “enemies” of MAGA, such as immigrants, scientists, universities, unflattering media outlets, Democratic politicians, etc. But eventually the fallout of his reckless policies will trickle down to Trump voters in the form of higher prices for goods and services, and either when Trump runs out of enemies or when the MAGA base gets crushed by the weight of high prices and are looking for answers, what are Trump and MAGA politicians going to do?

Unfortunately I don’t see any easy solutions. A return to the pre-2017 status quo ante is only going to lead to the same leadership that led to such anger in the first place. However, staying the course is definitely going to lead to a crash. The solution is going to need to come from the people, but it’s hard for average people in America to compete against systems that entrench the power of our two-party system and that require massive amounts of money to effectively compete. There are no easy ways out of this mess.


Really astute, non-political, and objectively accurate summary of the situation, in my opinion. Thank you for your writing.


> Trump came with a "believable" story

If they believed Trump, they deserve everything they get. Sadly those who didn't believe didn't vote enough.


These two sentences paired together is so fantastically american.


I'm British, but sadly we're heading the same way.


Just to be clear I think what you said is extremely shortsighted and self-defeating.


That does sound very British at this point, tbh...


> If they believed Trump, they deserve everything they get.

Is it a matter of "belief," or could it possibly be an optimal strategy to secure potentially two more Supreme Court nominations?


I wonder, is this what you’d say if “they” believed the Nigerian prince email? Everyone believes something outside of their expertise, everyone is riding the tide to some extent.


If many around me warn me about the Nigerian prince scam and I fall for it, then I think I deserve some of the pain. Sure, I'm still a victim, but personally I'd be questioning my intelligence and would try to see where I had failed so it doesn't happen again.


What if half the people you know falls for it and tells you you’re missing out?


It’s tough when everyone around you thinks you’re missing out. I found using MailsAI helped me focus on my own path without getting distracted by others. Made things a lot clearer for me.


It's funny that you ask that because around 10 years ago, there was this investment stuff going around in my community. No one warned me about the dangers and those who tried to convince me to join only said good things about it, but I looked at it and it looked weird. It was a pyramid scheme. So I didn't join, didn't lose any money or lose any friendships over it.

If I come here and tell you that I'm going to reduce expenses and debt while reducing taxes and also investing massive amounts of money to improve the military, healthcare, etc, something should go off in your head because it doesn't add up.

Voting for someone promising unrealistic things is no different from going into a dark alley in what you know is a rough neighborhood. A victim is still a victim, but grown ups must own up to their actions... and there's no other way of saying this: what you did was fucking dumb. It's even dumber if you do the same dumb thing twice.


Sure, kudos to you. Half the people are dumber than the other half, and thats accross the party lines. I still sympathize with all those people, even if they got outsmarted.


Its already that way with way more than half. I still find it hard to believe in the imaginary even though greater than 90% of people do.

Trump should have been a much simpler problem. Those who want to be stupid badly can't be helped.


Voting away democracy in order to install a theocracy - we laugh at Turkey in how they can either have democracy or they can have freedom, but not both. It seems America has gone the same way.


Yeah, but then they doubly deserve what they get, assuming happy scenario where they get consequences and not innocent people. Voting for Trump because you want to entrench even more corrupt and ideologically driven supreme court is not exactly an excuse.

Unfortunately, consequences wont go only to people who voted for Trump, they will harm quite a lot of innocent people.


Even the US is not exempt from economic rules. Trump and the rich want less taxation. The deficit cannot grow infinitely. Something has to be cut.


It has nothing to do with the deficit. If it did, the big beautiful bill would have looked much different.


The US is lending money from people who DO care about the deficit.


The Rs do not give a flying fuck about the deficit and to even so much as imply otherwise is nothing short of dishonesty. We're well past the point of giving benefit of the doubt on proven, and obvious, lies.


I'm confused, won't Trump's tax measures increase the deficit by trillions? Isn't he already spending more than Biden over the same time interval?

How exactly is Trump reducing the deficit by any significant margin?


Trump and the Republican Congress are adding several _trillion_ to the deficit with the latest bill they rammed through in the middle of the night. They do want less taxation, but only on the richest of the rich.

Not to mention - tariffs are essentially an inflation tax on _every_single_purchase_.




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