Those ‘record corporate profits’ seen since 2020 didn’t manifest in a vacuum.
Removed by mod
Why stop at their wealth?
As someone pointed out to me, round them all up. Throw in them into an island penal colony and let them all go Lord of the Flies on each other.
My suggestion for improvement, was every once awhile, lob some artillery shells at the island. Can’t let those billionaires get comfortable.
I think the worst punishment for the ruling class is to make them part of the working class.
I guarantee you, most of them would rather kill themselves or others than live like us.
I agree, I was pretty pro-guillotine till that was pointed out to me. Redistribute their wealth and tell them where it’s all going too.
“Congratulations Jeff Bezos, you donated $1.3 billion to various labor organizations.” “Congratulations Richard Branson, you donated $1.21 billion to climate change initiatives.” “Congratulations Warren Buffet, you donated $1.14 billion to support low income people.”
Knowing where their money is going to support society in general will fucking kill them. Each of these shit bags all think that they are needed for civilization. Let’s watch them put that delusion to the test on an island penal colony that gets bombarded with artillery shells every once and awhile.
Love it. Lets get it going!
Is this surprising given stagnant wages and drastic inflation for the last few years straight?
This isn’t inflation. This is greed. Record profits with soul crushing wages. Governments that allow this are complicit. We need heavy windfall taxes
Windfall taxes are reactive and bad policy in general.
What we need is a return to pre-Reagan tax policy. Higher upper tax brackets, corporate taxes, and the closing of loopholes that allow the rich to hide their wealth offshore.
Not surprising at all.
Corporations made BANK and all the CEOs put it directly into their pockets.
Don’t eat the rich. Their greed is too fattening.
Kill the rich instead.
Compost, grow, consume. Give the earth its tithe.
I’m going for a couple promotions because I hope they’ll help me catch up. But I’m not at all sure I’ll catch up even if they work out.
I’m in the same boat. Making more money than last year but I’m still down anyway because my dollar doesn’t go very far.
Feels like running to stand still.
They should have been born to billionaire parents. I didn’t think it was necessary at the time and was born to average parents, and while I regret my decision, I don’t think I have the right to complain.
I canceled all our streaming services and Amazon prime. I canceled my phone service and opted for a $15/month plan (Mint). I buy a cheap phone, about $70 bucks. I asked my wife to stop buying me snack foods at the grocery store to save ~$50/week. All told I think we are not spending ~$300/month that I can now put towards our cars that are starting to break down. Someone said something about savings but I only cultivate dust and stones there.
Don’t feel like you have to do without just because you’re smart enough not to subscribe!
You can stream pretty much anything for free here: https://fmoviesz.to/
Just make sure you have uBlock Origin installed.
Shhh! Keep it secret, keep it safe
Nah share with everyone.
Wonderful resource.
Bookmarked.
Thank you for being a hero
So, is nobody going to mention the picture of two smiling kayakers chosen to accompany this article?
I took it as they are going up Shit Stream and are about to lose their paddles. 🤣
They are living out of them.
After buying kayaks with their COVID checks, their outdoor gear addiction has spiraled out of control
They are part of the 20%
A global pandemic is bad for the economy. Who woulda thought.
The advice in that article is primo out of touch and humorous. They give statistics that people’s savings and assets are down X amount, and the first advice is save for an emergency. Running out of savings?! Just save more, five head.
I am reminded of that quote along the lines of “it is possible to commit no mistakes and still lose. That is not weakness, that is life.” I did everything right, and had a more than adequate emergency fund.
But then my house vaporized that emergency fund… and only then did COVID happen and I lost my job twice. So that’s roughly three “holy shit thank god we saved for a rainy day” events in three years.
I’m sure I will be in “just save money” mode some day in the future. Lots of shit left to clean up right now though.
and only then did COVID happen and I lost my job twice. So that’s roughly three “holy shit thank god we saved for a rainy day” events in three years.
You just explained the last three years of my life. I have no savings left. Period. If anything happens to the car, or either one of us loses our jobs, we’re done. That’s it.
Well, you aren’t “done”. Life continues.
Even when the state conspires against you having shelter from weather when you’re homeless. Life still goes on.
Until it doesnt.
It was another really good chance for wealth transfers
That’s funny, I thought the fed printed an extra $5 trillion during covid? I wonder where it all could have gone!
I cut my pizza into 100 slices today instead of 8, but I don’t feel more full for some reason. Where could all my slices have gone?
I got a 40% raise over the pandemic and I still feel like I am struggling.
Same. Huge promotion, way more responsibility and stress, annnnnnd I’m just treading water financially.
People who had the money for assets got it.
https://www.weforum.org/agenda/2022/04/economic-inequality-wealth-gap-pandemic/
