Recession hitting the rich
Nobody has cut their taxes in about 4 years they must be feeling really poor.
This comment makes no sense, you misinterpreted the headline. It is saying that the rich are feeling apprehensive about conspicuous consumption due to the increasing economic disparity in the world.
Imagine getting upset because a joke wasn’t factual enough.
If this “joke” wasn’t referring to “cost of living” in the title, then I guess you’re right, but I definitely wasn’t upset.
Apprehensive of the horde of hungry poors looking at them and deciding that Bentley owners are back on the menu.
Exactly.
Only by abolishing poverty can Bentley sales go up. Bentley shareholders 🤝 the working class, allies in the fight against capitalism.
Bentley can only be successful if they sell cars. If their consumer base is stagnant or shrinking, they can’t increase units or profits. But the more consumers can afford a Bentley, the less exclusive Bentley becomes.
I don’t know if Bentley is privately held. But if i was a shareholder, I’d be looking to push that market share.
Bentley is owned by VW as a subsidiary of Audi
So they’re just hoarding more money then…
It’s more likely that the rich already have all the luxury cars they want, and are looking for other ways to flaunt their wealth.
I’ve never known a rich person to be so self-conscious as to experience this kind of ‘emotional sensitivity’.
It’s not “emotional sensitivity”, it’s “if I drive this through Croydon on my way to the Woldingham Estates, will someone throw a brick at me and my kids?” and given the sheer state of Croydon right now, the answer these days is more “yes” than “no”
What a nice gesture by them!
Its guilt. Just say guilt.
Meanwhile other brands like Tesla are selling like hotcakes. Maybe Bentley should make better cars.
Well, firstly, comparing a Tesla and a Bentley is like saying that a hotdog cart sold more hotdogs than a Michelin Star restaurant sold filet mignons. They’re just not even remotely comparable, because your average Tesla (Model 3/Y) sells for about 1/5th of what a typical Bentley costs, and with tax credits and all the “end of month incentives” they keep rolling out, a Model 3 can cost less than a Camry in many cases. They have the Model S, but even then, even a loaded Model S just barely touches the cheapest entry level Bentley price range.
Secondly, Teslas haven’t been selling like “hotcakes” for close to 2 years now. They’ve had to massively slash prices non-stop to keep sales up, and even then that hasn’t really been working. They’re having to cut production, have been building up inventory, and they’re still seeing sales stagnating and falling revenue.
From what I’ve heard, Teslas are pretty shitty in terms of quality and reliability
Teslas and Bentleys aren’t even comparable cars.
The Model S has the interior of a nice Camry, but with an iPad strapped on. Bentleys are legitimate ultra luxury cars with absurd interior quality.
I think the problem is Bentleys association with old rich. They aren’t terribly exciting cars and have stuck to largely the same styling just slightly evolved. People want new things.
Teslas aren’t particularly well-made, either. The very first one I rode in had a broken rear left seatbelt, which was just stuck in place and couldn’t be pulled out. No one had ridden in that seat before it or tried using it, so it hadn’t been noticed. The owner had to have the front passenger door seal replaced on receipt, which he noticed wasn’t properly sealing because there was a lot of noise coming from that door while driving, as if the window was rolled down. If basic things like that make it through quality control, imagine what else does that isn’t immediately noticeable.
Things that never happened, ziptie edition
I believe that’s called a Blues Traveler.
I love that
Bentley: wipes tears with Dollars featuring Woody Harrelson meme
Blows nose really hard on a document for shares in Apple stock
LMAO AS FUCKING IF. Rich people aren’t capable of feeling any sort of empathy-adjacent emotions. If you’re rich and think you can feel empathy there are two possible scenarios at play;
a) You’re wrong about being rich
b) You’re wrong about feeling empathyHow rich? How should the empathy be shown? Is it a sliding scale where the lines meet in the middle somewhere?
Lol you think people on the internet work with relative variables scales.it’s always extremist far reaching opposites and it’s always a binary choice from each end of the scale.
If you can accurately state how much you’re worth … chances are you’re not that rich
Hey, you’re right! I’m worth -$248,657.36 (yes, that’s a negative sign). Am not rich at all.
Good question. I haven’t got an answer for that. We could start off by pruning off the top; anyone with a net worth above a billion can’t possibly have earned that kind of money. 900 million is just as unlikely.
A modicum of luck obviously plays a part as well; Facebook for example started off as a fairly innocuous website for ranking the attractiveness of university students; poor in taste and judgement but hardly evil. That’s not exactly where we are today, is it? Have you read about how facebook treats its content moderation team? Ol’ Zucky is responsible for that and so much more.
There’s only so much you can earn through hard work and good luck before you’ll start having to make unethical and evil choices to keep raking in the cash. Rich people don’t need or deserve any empathy, because they won’t have any for you.
If you own a Bentley, you’re either very rich, or just spent all your money on a Bentley
Wrong.
You can buy Bentley’s for a couple of thousand and if you’re a car guy can maintain them pretty ok. I’ve got a friend with one and I can assure you he’s not in the slightest bit considered “rich”
I would assume a Bentley for a couple thousand is not a new Bentley from the company and would not count towards VWs sales.
What’s that got to do with the brash statement that I was replying to?
If you own a Bentley, you’re either very rich, or just spent all your money on a Bentley
Because they knew I was talking about new Bentleys, not 20 year old ones that are worth no more than their metal scraps worth.
It’s a variable scale of age, how does anyone agree on the exact year it goes from being “metal scraps” to “new Bentley”.
2, 5, 10 years? Better off clarifying in the original comment
Pretty much huh.
That’s some dehumanizing rhetoric you got going there bro. Poor are just as unempathetic, middle class the same. It’s not a money problem it’s a human problem.
No
Oh, okay
Glad we clarified
No
Mill very well expresses the essence of the matter in the form of a concept by characterising money as the medium of exchange. The essence of money is not, in the first place, that property is alienated in it, but that the mediating activity or movement, the human, social act by which man’s products mutually complement one another, is estranged from man and becomes the attribute of money, a material thing outside man. Since man alienates this mediating activity itself, he is active here only as a man who has lost himself and is dehumanised; the relation itself between things, man’s operation with them, becomes the operation of an entity outside man and above man. Owing to this alien mediator – instead of man himself being the mediator for man – man regards his will, his activity and his relation to other men as a power independent of him and them. His slavery, therefore, reaches its peak. It is clear that this mediator now becomes a real God, for the mediator is the real power over what it mediates to me. Its cult becomes an end in itself. Objects separated from this mediator have lost their value. Hence the objects only have value insofar as they represent the mediator, whereas originally it seemed that the mediator had value only insofar as it represented them. This reversal of the original relationship is inevitable. This mediator is therefore the lost, estranged essence of private property, private property which has become alienated, external to itself, just as it is the alienated species-activity of man, the externalised mediation between man’s production and man’s production. All the qualities which arise in the course of this activity are, therefore, transferred to this mediator. Hence man becomes the poorer as man, i.e., separated from this mediator, the richer this mediator becomes.
Actually the poor tend to give a higher portion if their total wealth to charity than the rich.
Charity = | = to empathy. I live in an area where I can go 15 min either direction and meet up with poorer families. The hatred they spew for certain groups of people is mind boggling
You have to remember, in leftist culture it’s socially acceptable to be prejudiced and rude about rich people. I see this daily in online threads, people need something/someone to ralley against.
One example of this is you can’t be racist about Germans, french or Americans but god forbid you say similar things about an African nation.
I see this often, but still don’t understand how a national identity = race, could you please explain what I’m missing?
Amazing how it’s all so easily wrapped up and explained away (lol, only in your own mind) when you simply completely ignore the circumstances and systems that create a situation like you describe…
Some ‘people’ aren’t human and shouldn’t be treated as such.
No I refuse to sink to that level of ignorance. That’s how you get Gazas happening, seeing people as not people. Any sweeping generalization of any group of people is inherently wrong. Saying all rich are unempathetic and not human is fucking wild and if you can’t see what wrong with that rhetoric then yikes
This is only tangibly related to your comment, but even before you get the unemphatic part, the regressive taxes alone set rich people apart from poor people. If you make enough money have to pay taxes at the lowest bracket in the US it’s 10% taxes with minimum $22k a year income. That is $2200 a year, which is a crazy amount for them to be able afford when someone in the highest tax bracket is paying 37% and it doesn’t start until $578k for a single filing. That’s about $214k in taxes with about $364k left over to be as empathetic as they want to be with it. It would take the person who is paying 10% in taxes 16.5 years just to make what the person who is making half a million a year makes AFTER TAXES!
It’s very hard for either group to be empathetic to the other, but for vastly different reasons.
I am very bad at public math if anyone sees a glaring issue.
I agree with your sentiment but that’s not how taxes work… Only the money after 578k is at taxed at 37%… So the first 22k is taxed as 10% even if you make a billion dollars.
How is that proving my point any less? You are absolutely right those fucking billionaires way more than $578k every day and yet the person who pays at 10% is going to feel that tax burden so much more than someone making a million dollars!
The statistical data disagrees with your anecdotal evidence.
There’s no emotional sensitivity, they’re just afraid of the guillotine.
Look I get the frustration but I feel like trying to guillotine an entire damn car is more trouble than the catharsis would be worth
I feel like rich people are more brazen than ever before. It’s a long time before we see any guillotines for the rich in my country at least (the US). We regularly put people down who have pennies to their name though or just average Joes living their lives. Death by cop and death by violence in a broken penal system. Also completely unavoidable health issues that increasingly only the wealthy end can afford to rectify.
Yeah it is a different country for the wealthy here in the US. Pretty sure that is everywhere though.
Emotional Sensitivity: “Yes, we’re emotionally sensitive to the fact that the poors want to cut our heads off and watch them roll. We need to hide our wealth so they’re less likely to strike out at us.”
Fixed that for you.
Which is a cool story…. But Rolls Royce are selling like hot cakes https://uk.motor1.com/news/703769/rolls-royce-2023-record-sales-figures/
A Rolls will be my “I made it” car. Now to start playing the lotto.
😢 do you know what it’s like to not be able to drive my half a million dollar car to a movie premier that I invested in accidentally through an AI hedge fund that I own with some other rich people that I met at a party a few years ago?
Half a million? What are you, some kind of peasant?
Right? And driving their car instead of
owninghiring someone to drive it for them?Car? Why didn’t you just take a helicopter from your super yacht?
is this someone’s pathetic attempt to make the ultra rich more likable?
Maybe the rich are starting to see Bentley means “bring the guillotine over here!”
The ultra rich don’t have Bentleys anyway. They appeal more to the upper middle class wannabe rich people, who probably aren’t as well off as they used to be.
No, why would it be that? They (CEO) are trying to justify a decrease in sales on their watch.
well would you look at that one bird with two stones