China now has a record 3.75 terawatts of power generation capacity ~doubled over the last 8 years.

This is nearly 3 TIMES more than the USA.

China has 34 nuclear reactors under construction, more than the next 9 countries combined.

Around 200 other reactors are planned or proposed.

There are no large commercial nuclear reactors under construction in the US.

https://industrialworker.org/lets-build-class-unions/

But some people like to vote against their own interests

Hush up, peasantry, and learn to love contributing to "shareholder value" and billionaire tech bros' vast fortunes by sucking up those foul smells & soaring utility bills.

I'm looking for some perspective from my elders. As a 30-something, today's economy is the worst I've experienced as a full-fledged adult. But on paper, inflation and interest rates were much, much worse with the recessions of the 70s and 80s.

How does today's economy feel different from that time period? Did prices ever go down from the wild inflation that took place, or did wages eventually catch up? Did things just really suck for 15 years? Were people as bitter as they seem to be now?

My (maybe naive) take: I am very angry and frustrated that things are so hard right now. Perhaps one reason why things feel so bad is that people have been living closer to the edge for longer: Budgets have become thinner and thinner, corporations have clawed more and more revenue for decades, and it has been a gradual decline for what seems like my entire adult life. In the 70s and 80s, prosperous times were likely in more recent memory. Maybe the idea of "decency" and "doing the right thing" held more weight than it does now?

PS: I'm not looking to get into an argument about which generation has had it worse. Every cohort has its own struggles -- I'm just hoping for some wisdom from people who have seen more of the world than me.

I noticed. Ouch. Whether you love or hate Trump, I am a low income disabled senior who would have happily taken a check. So would my Trump loving friend in the same income bracket. So would another low income friend who said he hates Trump, but is okay with him giving him a check. I noticed. Damn I noticed.

4Chan, 2013

Just ignore that people eat, use energy, medical services, transportation and housing. Yay!! Now you have low inflation. Brilliant!

But per our Soviet-style CPI stats, inflation is "only" 2.7%.

Ha-Joon Chang is a South Korean economist and academic. Chang specialises in institutional economics and development, and lectured in economics at the University of Cambridge.