I advertised this cutting board on discord and it sold within two hours for 50. Because it’s engraved with a 15th century spell to cause someone to fall in love with you. The idea is you color some of jt with your blood, then make food for the person you want to fall for you
Golden Bachelor host Jesse Palmer wasn’t way off, for once, when, with typical Bachelor bombast, he proclaimed that the dating show’s climax would “change all of Bachelor Nation forever.” Whoever’s hosting a Bachelor finale has to make such statements, but rarely is a “stunning,” “shocking,” or “most dramatic” conclusion truly transformative for viewers who go way back with Bach. This time, it was true.
Here’s how I know: In the back half of Thursday’s tear-filled finale—which ended not just with an engagement, but also with a wedding date—ABC aired a hype package for Bachelorette Season 20 runner-up Joey Graziadei’s upcoming debut as the Bachelor. The traditional teaser contained all the requisite intrigue: frolicking, smooching, and inevitably, a sudden turn toward discord and dissolution. Joey may make a fine Bachelor, but as the drama ramped up, I found myself wondering: So what if it doesn’t work out? Joey is 28 years old. The dude has several decades to look for love. And if he fails to find it for the next 45 years, he might have a happy ending: He could be the Golden Bachelor.
With that, I realized that the latest Bachelor spinoff had unseated the supposed flagship shows in my affections, just as Theresa Nist toppled Leslie Fhima in the televised pursuit of Gerry Turner’s heart. I can’t speak for Bachelor Nation (though Bachelor Nation has spoken for itself through resurgent TV ratings). But in my household, the hierarchy of power in the Bachelor universe has changed. All other Bachelor shows will merely mark the time until the franchise gets Golden again.
Granted, I was growing apart from the franchise before The Golden Bachelor began. For years, my wife and I were Bachelor and Bachelorette regulars who treated each two-hour Bachelor block as appointment TV and dabbled in international spinoffs when we ran out of domestic supply. But in 2022, we quit cold turkey and never regretted reclaiming our Monday evenings. The proximate cause of our Bachelor breakup was a brutal back-to-back Bachelor combo of Matt James and Clayton Echard, followed by a bifurcated Bachelorette Season 19. But maybe, in our mid-30s with a kid to care for, we were just aging out of Bachelor Nation. Maybe it just seemed as if we’d seen it all.
It’s funny how fast you can go from being on a one-way first-name basis with legions of good-looking TV contestants to not knowing one aspiring influencer from another. Check out of the franchise for a season or two, and almost everyone’s a stranger, which makes it even harder to continue to care. Just as I renounced my Bachelor Nation citizenship, though, The Golden Bachelor arrived to restore my attachment.It wasn’t just a new and different Bachelor; it was a betterBachelor. Picture the Distracted Boyfriend or the guy from the “friendship ended with Mudasir” meme. That’s me moving on from my former Bachelor relationship and forming a Golden Bachelor bond.
I was one of millions of viewers who flocked back to the Bachelor banner (or tuned in for the first time) to watch the 72-year-old Gerry become the first over-40 lead in the franchise’s history. (The series debuted in 2002, back when Gerry was just 51—or more than a decade older than any other active Bachelor has been.) As of November 22, The Golden Bachelor’s premiere had drawn almost 12 million spectators across all platforms, making it the most viewed installment of any Bachelor show since the “After the Final Rose” episode of Peter Weber’s Bachelor Season 24in March 2020 (and the most watched episode of any ABC unscripted series ever on Hulu). Later episodes of Gerry’s season appear poised to top the premiere’s 35-day viewing totals. After years of declining ratings and resultantfrettingaboutthefranchise’sfuture, The Golden Bachelor has single-handedly brought backThe Bachelor’s luster. Bach was broken, but now it’s Golden.
With apologies to ostensible star Gerry (whose name is almost as hard to remember as another Indianan’s, the mayor of Pawnee), the real lead of The Golden Bachelor’s long-awaited inaugural season was mortality. “At this age we don’t know how long we have,” eventual winner Theresa told her future fiancé’s family in the pretaped portion of the finale. “We want to make the most of every moment.” Later, eventual also-ran Leslie, her hopes of a proposal sunk, sobbed, “Time is running out … time is running out.”
Leslie wasn’t lamenting the approaching end of her screen time. She was calculating the mileage left in her lifetime. How could I not feel for someone who can credibly believe that a breakup closes the door on finding a partner to spend their dwindling days with? How can I go back to watching pretty young things act like their lives are over if they don’t secure a rose when, through a Golden Bachelor lens, their journeys have barely begun? How can I stomach their confessional conversations on one-on-one dates when few of them have loved and lost like The Golden Bachelor’s septuagenarian widower and 60- or 70-something widows and divorcées? How can a regular reality show, its artificial stakes manufactured by a broadcast schedule, compete with that loudest of ticking clocks?
Like Gerry and Theresa, The Golden Bachelor tried to make the most of every moment. The series mercifully cut back on Bachelor bloat by trimming its pre-finale episodes to one hour instead of two or three. That tighter running time required difficult cuts: As Walt Disney Television executive Rob Mills told my colleague Juliet Litman on Bachelor Party, ABC resorted to airing fewer casting calls to save precious seconds. According to Mills, other series under the Bachelor umbrella may borrow aspects of this season’s successful format, whether it be briefer episodes, simpler dates, cold opens, or an emphasis on what Mills called the “three H’s”—humor, heart, and hope.
Replicating the “hope” part of the package won’t be as simple as porting the spinoff’s structure to a preexisting series. That hope is inherent in the premise of rekindling confidence and desire in a group of grief-stricken singles who’ve all but resigned themselves to surrendering sex and/or romance, in contrast to the expectant 20- and 30-somethings who typically populate Bachelor casts. As someone who watches reality TV selectively, I’ve gravitated toward The Bachelor because, more than most such series, it promises substance: true, lasting love. Like most aspects of reality TV, this is largely fiction: only sporadically does the franchise deliver engagements that don’t disintegrate soon after the new couple returns to real life. But the franchise sells itself through the spectacle of whirlwind romance and the potential for enduring relationships. On The Golden Bachelor, that’s an easier sell.
On most seasons of The Bachelor, The Bachelorette, and Bachelor in Paradise, some contestants (often egged on by producers) insist on being messy bitches who live for drama. The Golden Bachelor proved that the more reliable route to a “most dramatic” finish is a focus on the simple stakes of people’s lives. By Bachelor standards, there was scant infighting at the mansion. The squabbling was largely limited to Theresa and Kathy’s bickering about Theresa’s alleged oversharing about her connection to Gerry, highlighted by the acerbic Kathy’s instruction to “zip it.” Neither woman’s stance was entirely unreasonable, and the dispute didn’t spiral or last very long. On The Golden Bachelor,neither the contestants nor ABC had time to waste.
Refreshingly, there was next to no hand-wringing about being “ready for marriage”—why would there be, when everyone involved was familiar with making that commitment and (relative to most younger groups of contestants) emotionally mature? And with a less extremely online, Instagram-oriented cast than the franchise usually features, no one questioned whether other contestants were there for “the right reasons.” All of the energy was devoted to working through feelings for Gerry or forming friendships in the house, and not once did I wish there were a “villain” who derailed either effort. As it turns out, The Bachelor is better when viewers are sorry to see contestants sent home, not relieved to be rid of them.
That’s not to say that The Golden Bachelor always felt fully authentic. Gerry’s super-expressive, preacherly vibe and guidance counselor cadence sometimes seemed more calculated than his Hollywood glow-up, especially after The Hollywood Reporter’s recent exposé about his pre–Golden Bachelor life. The report revealed that he’d continued to work part-time after retiring (though what could be more on brand for a Bachelor than hot tub installation?); that he’d started seriously dating not long after his wife’s death, despite claiming not to have dated at all; and that he hadn’t always been as considerate and sensitive a partner as he’d portrayed himself to be on the show. That’s pretty tame stuff, by reality TV standards—especially if, as some post-exposéspin suggested, he had acknowledged the dating before—but it struck a phony note toward the end of what had seemed to be an unusually sincere season.
(Of course, this is a show where viewers and participants alike have little idea what anyone’s lives are like outside the Bachelor bubble. Gerry didn’t seem to be sold on Theresa until their fantasy suites date, when, seemingly for the first time—and at Theresa’s urging—he learned that she has a career. I wasn’t taken aback by The Hollywood Reporter’s disclosures about Gerry’s postretirement employment because I’d completely forgotten what his preretirement occupation was. Andwas everyone else aware that Gerry’s dad is still alive?)
In Thursday’s pretaped footage, a jilted, devastated Leslie accused Gerry of lying about his feelings for her. But her hurt was as real and raw as Theresa’s joy, and by episode’s end, the announcement that the “newest, oldest couple” will wed on January 4—and that Bachelor Nation is invited via the franchise’s first full wedding special since 2014—brought back the sense that this season had transcended the trappings of reality TV to become more of a shoot than a work. It seemed, at times, almost too real: “Had I known this is how much pain I would cause someone, I would have never taken the first step on this journey,” Gerry claimed. The next step comes soon: He and Theresa may not stay together till death does them part, but they’re going to get hitched. That alone sets this season apart from most Bachelor runs, on which even the lovebirds who agree to get engaged seem a long way away from walking down the aisle. This was my face for much of the finale:
ABC
One of the episode’s legitimately stunning developments—or in this case, nondevelopments—was that ABC didn’t capitalize on the Golden Bachelor buzz by confirming plans for The Golden Bachelorette. Leslie’s heartbroken but defiant reaction to getting dumped on the eve of a possible proposal positioned her as the sympathetic favorite: Her worst fears were confirmed when the man of her dreams didn’t choose her, but maybe a broadcast network will. (It might be better that way: I thought Leslie would’ve been bored by Gerry long term.) But the bench was so deep in the mansion this season that any number of women would make excellent selections, including two other late cuts, Faith and incomparable “pickleball cocaptain” Ellen. Perhaps ABC will save the news for the wedding special, as a figurative tossing of the bridal bouquet.
In the finale, Theresa described the competition she “won” thusly: “It was like a cultural moment; it wasn’t just a show.” The Bachelor has been a cultural phenomenon before, but never in quite this way. Golden Bach was embraced as a bastion of 60-plus representation, celebrated by the AARP and by think pieces in prominentpapersandmagazines. Its conception reflected how (and how long) we live:An aging population wants to see itself on-screen. But it’s true that despite the demographics, mainstream TV rarely highlights so many hearing aids, grieving senior citizens, and surviving spouses pining for departed partners—with heart and, yes, with humor. I’ve never laughed harder at a line in The Bachelor than I did at Palmer’s commentary during the pickleball group date: “I want to point out that Sandra is playing with two artificial knees, and she’s also missing her daughter’s wedding.”
Throughout the season, Gerry repeatedly recycled a line that wasn’t quite as clever as he seemed to find it—and which, tweaked and repeated mid-proposal with a pregnant pause, seemed kind of cruel: I’m not looking for a woman I can live with. I’m looking for a woman I can’t live without. After many letdowns, I was no longer looking for a Bachelor showI could live with watching. ButI’ve found the brand of Bachelor I can’t watch without.
Thanksgiving in the United States comes with a number of traditional televised events, but maybe none as seamless and low-key entertaining as the Macy’s Thanksgiving Day Parade.
This year marks the department store’s 97th parade down the streets of New York City, and the event once again promises floats, musical numbers, and big cartoon balloons, albeit with an extremely 2023 touch. Here’s what to know — and a few things you may never think about while watching.
How to watch the Thanksgiving Day Parade stream
The official telecast of the Macy’s Thanksgiving Day Parade will air on NBC and be simulcast on Peacock. Today’s Savannah Guthrie, Hoda Kotb, and Al Roker will be back per usual to yap about the floats. A Spanish language simulcast will air on Telemundo, hosted by Carlos Adyan and Andrea Meza.
What time does the Thanksgiving Day Parade start
This year’s parade starts a little earlier than usual: the simulcast runs from 8:30 a.m. ET to 12 p.m. ET., but will also begin at 8:30 a.m. in all time zones, so no need to wake up at the crack of dawn. NBC will also air an encore of the parade at 2 p.m. ET.
The new parade balloons and how they got here
Photo: Macy’s, Inc/Getty Images
This year’s balloon lineup sees a number of returning Giant and Novelty favorites, including Spongebob, Grogu, Bluey, and Smokey the Bear. The commerce of it all means a number of unfamiliar faces will join the lineup, too, including Leo, Adam Sandler’s 74-year-old lizard from the upcoming Netflix animated film; Uncle Dan, the mallard main character of Illumination’s new movie Migration; and Blue Cat & Chugs, the mascots of the Web3 company Cool Cats Group and the winner of a Macy’s contest to decide which NFT brand should earn a coveted character in the parade. 2023, baby! Anime continues its mainstream takeover as well, with legacy balloons Goku and Pikachu joined for the first time by One Piece’s Monkey D. Luffy.
Time has not just modernized the balloon characters, but the process itself. Kathleen Wright, Macy’s director of production operations, tells Polygon that the journey of devising a balloon, rendering it in inflatable form, then parading it along Central Park has taken on the quality of a Seal Team 6 operation. Computers allow designers to test balloon concepts in various weather conditions to determine the appropriate center of gravity and lift, all while minding the dimension requirements that allow it to float through New York.
In the week leading up to the parade, Wright and her team walk through the route with various city departments to size up potential hindrances for the buoyant stars, including any protruding lamp posts, which are manually swung in the opposite direction by city workers on the eve of the parade. On the day-of, the balloons — once made of rubber, but now built as modular polyurethane pieces that are heat sealed together and painted — are inflated with a combination of helium and regular air, based on required lift. Ninety handlers are assigned to each balloon, with 40-50 people securing the handling lines at any given time (and you thought pop stars were needy). By the time you watch the parade at home, a balloon’s “flight envelope” has been completely broken down and considered. There is no room for error, and based on Wright’s description, they don’t leave any.
The rest of the parade lineup
Along with the balloons and fleet of floats (including a sadly inedible Wonka one), the Thanksgiving Day Parade will once again tout a ton of talent shivering in their knickers while performing on the street. The show kicks off with a performance by Jon Batiste, with expected performances by Bell Biv DeVoe; Brandy; Chicago; En Vogue; David Foster and Katharine McPhee; Drew Holcomb and The Neighbors; Jessie James Decker; Ashley Park and the monsters of Sesame Street; Pentatonix; Paul Russell; Amanda Shaw and Alex Smith; and Manuel Turizo. Oh, and ENHYPEN will be there — so if you hear an inordinate amount of screaming from the crowd, it’s because the parade has gone full K-Pop, bless.
Chris and Andy talk about the news this week that HBO CEO Casey Bloys was using fake Twitter accounts to hit back at TV critics (1:00) and also that some of HBO’s most popular shows, like White Lotus and Euphoria, won’t be released until 2025 (16:31). Then they talk about an article published in Variety this week that detailed problems at Marvel Studios, including what to do with Johnathan Majors’s “Kang” character and the forthcoming low box office performance of The Marvels (27:21).
Hosts: Chris Ryan and Andy Greenwald Producer: Kaya McMullen
Demián Rugna’s terrifying possession movie When Evil Lurks — now available for streaming on Shudder — breaks the rules of the subgenre in all sorts of startling ways. For one thing, it isn’t a religious movie at all, even though most exorcism movies are. For another, the victims facing down a demon in his film aren’t struggling with faith, or with something they don’t understand. They all know the rules for dealing with the hideous, bloated creatures that result from demon possession — the encarnado, or as the English subtitles put it, “the rotten.” There’s even a little teaching song about the rotten, presented in the film as something akin to a children’s lullaby.
So if everyone knows how to safely deal with demons, why is the movie so frightening? Because the rules — including “stay away from electricity and electrical appliances, demons can travel through them” and “only kill the possessed in certain specific ways” — take effort and self-control, and people are often greedy, lazy, or impulsive. “It’s too hard,” Rugna told Polygon at the 2023 Fantastic Fest in Austin, Texas. “You need to comply with the rules because the demon wants to be with you, but it’s too hard for us to run away from cities, trying to avoid electricity, to avoid even thinking about the devil.”
When Evil Lurks is a tremendously frightening movie, in part because it’s as much about the power we give our personal demons as it is about any sort of supernatural force. Unlike in films like The Exorcist and its many sequels and reboots, Rugna’s characters can’t expect any help from organized religion or from God. “I have no religion,” the director said. “And I hate religion as a business. I love religion as faith, or for helping people. But not as a business.” Instead, the characters in When Evil Lurks have to rely on each other, and on their own courage and discipline. That goes poorly, to put it mildly.
They’re also meant to rely on institutions put in place to help them. At the beginning of the film, it becomes clear that the government has systems in place to handle the encarnado, and those systems have failed entirely because of bureaucratic indifference and laziness. Rugna’s inspiration for the movie explains a lot about where that theme came from: As he told the Fantastic Fest audience in a Q&A after the movie’s premiere, he got the idea for When Evil Lurks from a series of news stories about farm pesticides in his native Argentina causing widespread health issues.
“The owners of those lands contaminate those fields with glyphosate to kill bugs — pesticide,” he said at the Q&A. “There’s a lot of people who work in those fields, and they get cancer. You’d probably see a little kid with cancer, because they are workers. They didn’t say anything — or if they say something, nobody knows.” He suggests that corporate apathy about the workers’ health, and the way the issue occured “out in the middle of nothing,” where it’s easy for profiteers and city-dwellers to ignore the impact of their choices, started him thinking about the idea of lurking evils given free rein to spread.
“The pesticide infected them,” Rugna told Polygon. “Kids were born with cancer. Sometimes you see something in the news, but then there’s nothing more to say, and you forget the image. They’re in the middle of nothing, the middle of poverty. They must do work for less than a couple dollars, and they’re all ill. After you turn off the television, you forget, but they are still there, they are still probably gonna die.”
He said it happens too often, that “people who work the land” get “abandoned” by the system. “When I decided to make a movie with some kind of exorcism, I thought, OK, but what happens if the people cannot reach a priest? All the Exorcist movies happen in the city, in a big house. But what if we’re in the middle of nothing, in a poor house, with poor people who nobody cares for? Even the owner of the land wants to get rid of them, to burn their houses. It happens in my own country all the time — not the demons, [but the rest].”
All that said, while Rugna emphasizes how important realism in the acting, relationships, and setting was to him in making the movie, he laughs off the idea that realism in terms of reflecting the real world is important in horror. “You can see a movie just for fun,” he said. “Being entertaining is most important for me. If you have the chance to have reflection, that’s a double goal. But for me, it’s not fully necessary.”
He said the social inspirations just worked their way naturally into the writing because they’re part of his background. He didn’t set out to make a message movie, just one that would scare audiences. “I’ve noticed for myself in my movies, for a greater horror story, I want to make you suffer,” he said. “And the social element just comes along with my culture.”
Photo: Shudder/IFC Films
Ironically for a movie inspired by bureaucratic indifference to the suffering of children, though, one of the biggest limits on his film was bureaucratic regulations about how he could handle his child cast. When Evil Lurks is unusually brutal to its kid characters, with graphic scenes of child distress, mutilation, and death. In response to an audience question at the Q&A about how he protected the child actors, Rugna grinned and explained how his production walked the actors’ parents through their safety plans.
“I’d need two hours to tell about the process of working with the parents,” he said. “It’s too funny, because we did take care with the parents — we thought, OK, we want to share the entire script. We were scared about the reaction of the parents. […] The parents were too excited to put their kids in our movie. You can’t imagine. […] When the parents read the script, and we’re like, The kid’s gonna be bit by a dog and crushed with a car — ‘Oh, I love the script! Got it!’”
But the government was much more limiting, Rugna said. Among other things, in spite of the violence of the scenes involving children, they weren’t allowed to have artificial blood on the kids’ skin at any time. In another scene, a teenager wasn’t allowed to hold a gun during an emotional monologue. “All the time, it was horrible to work with the kids,” he said, laughing. “Not for the kids, for the rules.”
Victor Timely’s fingerprints are all over Loki season 2, even when he isn’t. As one of the many versions of Kang the Conqueror, Timely immediately feels important to the second season, even before we know it’s his designs that inspired (nay, created?) the Time Loom. Sure, that was by He Who Remains’ design, but still! As we see from his workshop of inventions and the way Miss Minutes tries to come on to him: Timely’s got the juice!
[Ed. note: This post will now spoil the end of episode 4 in some detail, with some speculation of what’s to come. Ye be warned.]
So it’s kind of surprising when, after all the teamwork and effort and Marvel CGI that got him to the TVA with O.B. to build the magic machine that saved the day, he just… spaghetti’d. In just an instant, Timely turns into noodles, and Loki is left dumbstruck, just wondering what the hell they’re going to do without him, while the audience wonders what the heck Loki will do without him.
Still, this season folding in on itself so much has taught us one thing: This moment might have major implications for the space-time continuum. Timely getting the time-space pasta treatment might mean his existence, life, consciousness, or matter has simply been wibbly-wobblied somewhere else. As such, spaghettified Victor Timely might not be gone — or at least, the narrative might not be done with him. So what exactly could have happened to him? Here are our theories.
Theory 1: Victor Timely’s episode 4 fate creates Kang the Conqueror
Image: Marvel Studios
We know that there are seemingly endless Kangs spread across endless realities, but how did they become… you know, Kang? He comes from the future, so his advanced technology (and his supersuit) can account for many of his powers. And we know he has a genius-level intellect, as shown through Victor Timely’s less-than-timely inventions. But his ability to manipulate time and reality? It’s sometimes attributed to his suit, but I think it’s also a little left open to interpretation.
What if we just saw its origin in Loki? The man was, as many have put it before me, completely and totally spaghetti’d as he approached the Loom and the many different branches of the multiverse. Could his essence have been spread out into the multiverse through the Loom, gaining unexpected powers in the process? Or, even more directly, did this event somehow change the brain chemistry of all other variants across the timelines, due to sheer proximity to those timelines? Could this have been the event that transformed Victor Timely/Nathaniel Richards into Kang the Conqueror? It seems like the kind of thing the MCU would do — they love a grand reveal, after all, and Loki has been asked to be surprisingly load-bearing when it comes to the universe’s next Big Bad. So showing his “origin” of sorts in the series wouldn’t be that much of a stretch. —Pete Volk
Theory 2: Victor Timely is going to go somewhere else in the Marvel Cinematic Universe
Image: Marvel Studios
What little we know about the technobabble of the Time Loom is it’s pulling all the various timelines of the multiverse and getting clogged. But unlike an actual sewing machine, the Loom is just sitting in massive space, pulling in whatever strands get near it. So maybe when Victor turns into strands in the vast vacuum outside the TVA, his remnants just also get sucked up into the Loom, like one giant machine-like wormhole.
From there, Timely could plop out… anywhere! My guess is it doesn’t even have to be anywhere big (or certainly shouldn’t be), like the Battle of New York or the fight against Thanos. It’ll just be a quick little end-credits gag, like the original Guardians of the Galaxy tag with Howard the Duck. Hopefully he lands somewhere he can keep making his little inventions; if not, well, there’s always the next Kang. —Zosha Millman
Theory 3: Victor Timely died!
Image: Marvel Studios
I think he’s dead. Which would seemingly present a problem to the timeline: If Victor Timely is really the Kang who invented the TVA, then he’d need to have not died before he invented the TVA. Perhaps we’re about to see the fallout of that — two climactic episodes in which all TVA employees wake up in their normal lives on the timeline, because there was never a TVA to pull them out of it. Maybe Mobius would finally get to ride a Jet Ski. Maybe he’d have to choose between Jet Skis and putting the TVA back into existence somehow.
But honestly, causality only seems to exist when Loki wants it to, so who knows! If Timely is dead, there are plenty more Kangs to go around. —Susana Polo
Theory 4: Victor Timely is spaghetti now, period.
Photo: Luis Robayo/AFP via Getty Images
My theory is short, uncomplicated, and best summarized through the words of Polygon executive editor Matthew Patches when he’s in dad mode: pasghetti.
That’s right, Victor Timely is not He Who Remains, necessarily, but he is an equally if not even more important variant of Kang: the one who started spaghetti. Inside the walls of the TVA, far outside the bounds of regular time, all spaghetti, and possibly all European noodle shapes in general, were discovered chiefly through the disintegration of Victor Timely. Through his sacrifice, the bright divinity of his newly noodly form will slip into the loom and be dispersed throughout the multiverse, sliding right into the perfect place in each universe’s history to help someone discover the holiest form of pasta sauce delivery: the spaghetti noodle.
Of course, it’s important to remember that Victor is but one man, and his corporeal form is limited by its size, even when stretched by the unstable Loom. This means, tragically, that not every timeline will get to experience the magic of spaghetti. Some lost out on its pasta perfection, because their universe was never delivered a horrifying Cronenberg-esque noodle-shaped piece of a man. But thank God we exist in one that did. —Austen Goslin
When future generations look back at the last 20 years, they’ll be astonished that so many smart people around the world could have been seduced for so long by one of the most destructive economic ideas of all time.
The idea? That suppressing interest rates year after year would generate prosperity. This episode of What’s Ahead lays out how, instead of stimulating economic growth, suppressing interest rates year after year depressed it, leaving governments and companies around the world with crushing debts that now threaten a severe global crisis.
Policymakers are floundering at how to constructively respond.
There’s no shortage of attention on infrastructure. Both political parties profess to love it. After all, more infrastructure means spending money—lots of it. And politicians love spending money.
So why is the condition of U.S. infrastructure inferior to that of so many other countries? Why does it take so much longer and cost so much more money to get a project done here than it does in other developed countries?
This segment of What’s Ahead lays out what the problems are. Unfortunately, the Biden Administration shows no interest in reform of the real obstacles.