 This is a deliberate meltdown of the economy, and nobody can see it because the stock market keeps setting daily record highs, creating ever more paper millionaires as the middle class gets decimated, poorer and poorer every day and causing biblical levels of dependence on the state. As Margaret Thatcher said, the problem with socialism is that eventually you run out of other people's money. The horror of advocating sound money and fiscal responsibility is a thought crime to Marxists, eternally lurking in their imagination, waiting to destroy the prospects of their utopia.