If the price goes up a bit (even if their wages more than match it) the price increase just feels like a random, unfair, morale-reducing loss. I conjecture this is a big contributor to the American Vibecession.
I think the stronger contributor is that society feels less worthwhile now. To use a specific example, even teachers are almost unanimously declaring that the K-12 public education system is awful now, despite vastly higher inflation-adjusted spending than when American education topped the charts worldwide.
If you’re a taxpayer, you put in, say 20 percent of your income every year. When you see schools full of bright-eyed, inspired young people brimming with greatness, this feels like being part of a wonderful effort to build a greater future, and your morale goes up. When you see schools such that even the people whose salaries depend on believing in public education consider them a zoo, things are different When tax day comes around, you see your money—your year’s worth of effort—completely squandered, and you don’t feel like that part of your effort was worthwhile at all. You aren’t immediately worse off, but it’s a massive, immediate drop in morale.
Looking at footage of my city 60 years ago, I can see this in microcosm all around me. My work would feel a lot more worthwhile if the bridges it funded weren’t crumbling, and if there weren’t trash on the sides of the roads.
I think the stronger contributor is that society feels less worthwhile now. To use a specific example, even teachers are almost unanimously declaring that the K-12 public education system is awful now, despite vastly higher inflation-adjusted spending than when American education topped the charts worldwide.
If you’re a taxpayer, you put in, say 20 percent of your income every year. When you see schools full of bright-eyed, inspired young people brimming with greatness, this feels like being part of a wonderful effort to build a greater future, and your morale goes up. When you see schools such that even the people whose salaries depend on believing in public education consider them a zoo, things are different When tax day comes around, you see your money—your year’s worth of effort—completely squandered, and you don’t feel like that part of your effort was worthwhile at all. You aren’t immediately worse off, but it’s a massive, immediate drop in morale.
Looking at footage of my city 60 years ago, I can see this in microcosm all around me. My work would feel a lot more worthwhile if the bridges it funded weren’t crumbling, and if there weren’t trash on the sides of the roads.
Not to mention, increasing spending on wars I don’t want and cutting funding for some of the worthwhile things the US gov does