There are large forces that affect our lives that are beyond our control which cause us anxiety. We can deal with this in different ways; religion, government, or employers are all authorities who we may believe can help us through times of need (our healthcare, for some of us our literal ability to continue living, is tied up in our employment, at least in the US). It’s only natural that we run into problems when our bulwark against the uncertainties of the world is taken away. And then tie up the prestige of working for FAANG and the identity that comes with it, to learn that perhaps you weren’t so special; you were just caught up in a ZIRP phenomenon - it can be hard for an individual to take.
I don't disagree, but we all need to strive to do better. Pleading with perceived corporate overloads to fix problems they are simply victims of themselves isn't helping anything. I'm seeing this trend more and more where people want to blame ceos like they have some magical wand to fix the worlds problems. That's not how things work.
If we want to look for solutions, we should look at the 20 years of stimulus which go us here and question why this was happening and what we should have been doing about it. But, alas, few were complaining when they were able to get 500k loans with sub 3 interest rates...
How do things work? From what I can tell (speaking as an American), we do seem to have imbued corporate leaders with a reverence classically reserved for religious leaders. And who else are we supposed to look to? God is dead, and 40-odd years of starve the beast has left the government with seemingly few policy tools to enact change; though as you note they can still change interest rates and print money.
Hopefully someone will come along and save us, but it's hard to imagine who.
The government printed the money. They are the issue. Corporations compete with each other for survival, they cannot afford to be altruistic and expecting them to be is totally naive
Given that they are responsible for providing (and I suppose delivering as well) the healthcare of a majority of Americans, it seems problematic that corporations are nihilistic profit-maximizing machines though, doesn't it? I mean, I'm pretty sure we're all just boned at this point, but obviously I'm not much of an optimist. Judging by the declines in birthrates though, it seems like that's more or less what others are coming to conclude.
