And let’s be real: if neoliberalism actually delivered for most Americans, we wouldn’t be in this mess. What we’ve seen is a decaying middle class
I mean, the price you pay for ever and ever increasing modernity is that you need to learn skills that can keep up with this, and few Americans do. I've even heard it said that the average computer science major took low quality courses and often can't perform basic computer tasks.
That's on all of us, and honestly it's a testament to the current economic system that we still live as well as we do despite this.
skyrocketing healthcare
We have fewer doctors per capita than other OECD countries, because fewer Americans are interested in becoming doctors than their counterparts overseas. Despite that, we spend almost $2 trillion a year between Medicare and Medicaid. What does subsidizing a relatively scarce commodity do? You jack up the price of service for everyone who doesn't have the subsidy. Which creates more demand for the subsidy, and on and on the cycle goes. In 1960, before LBJ instituted his Great Society, Americans spent only 5% of total GDP on healthcare. Now that figure is between 17-18%.
Also, the total body of HHS regulations is 7.24 million words, or over 18,000 sections, in length. This doesn't count state-level regulations. The notion that we have a laissez-faire healthcare sector is demonstrably false.
and housing costs,
You can thank NIMBYs for this who will both plop down a suburb wherever they please and veto the construction of multiresidential housing.
gutted unions,
I don't see the issue with this. Workers are best suited to negotiate their own wages, not outsourcing this job to some dude who might be a poor negotiator or susceptible to bribery, and who'll extort a monthly due from you in any case. In an economy where companies are competing for a small pool of skilled workers, all you need to do is make yourself valuable and you won't need collective bargaining to get ahead. And if your labor isn't particularly valuable, companies will find someone overseas who's willing to do the job in your place.
offshored jobs
A consequence of globalization. How are you going to stop this, restrict international trade?
and growing debt burdens
Yes, because we spend 50% more a year than we collect in taxes, and when one guy tried to cut spending suddenly there were millions of Americans who unironically wanted to murder him. Perhaps overspending is the problem?
Both parties have failed to fix this, largely because they’re bought into the very economic framework Musk now wants to turn into a political brand.
If you define neoliberalism simply as the status quo, with the current capitalist-socialist hybrid economy, then sure. It screwed us over. But Musk strikes me very much so as a man who wants to do away with this, his weird flirtation with UBI aside.