LOL. Word.
For all the "its a math problem" people, they need to calculate real wages from 30-50 years ago...adjust for inflation and figure out what it is now, versus what it should be compared to how the average worker was incorporated into the economy in generations past.
At some point the American economy will acknowledge reality (that Reagaonomics was a harmful handout to the rich) and start including its workers into some semblance of distribution of profits and revenue. For the past 30 years our economy has been all about wage suppression, first, second, and last on the agenda and the results have been devastating for the middle class and under.
Even moderately conservative economists are concerned about the trajectories of an economy where 95% of the economic gains continue to go to the top 1% year after year...we cant sustain ourselves like this. Thats fukkin insanity!!!!
Businesses fail because of a lack of an overall lack of demand...not because they have to pay their workers a few extra bucks. They're just hoarding profits there...Businesses are concerned about a lack of consumptive power and activity from the actors in their community which is the driver of an economy..
When historians and academics look back at this generation and wonder how people could accept such dramatic and prolonged wage inequality, they'll probably pin point a stockholm syndrome/self loathing psychology as the culprit (look how so many top economies around the world have free health care and reasonable wage inequality)...We are hypnotized by the rich in America and have bought their propaganda that we are beneath them and a bane of their existence. We should take whatever they want to give us, and not say a word.
Think of our economy like hip hop where rappers taunt and belittle the listeners and brag about a life the fan will never live, and how they will always take our bytch at their leisure...its a relationship of sadomasochism. Thats a macro version of the American economy.
Dont even consider leveraging our labor, effort, and contributions to insure the best for our family. Thats "unamerican". We dont have an economy based on logic...its based on punishment and centered on class, race, gender. Instead of the S&P it should be the S&N...sadists and narcissists.
Going back to the stockholm syndrome angle....the historians will ultimately conclude that like submissive societies before us, we were complicit in the culture where we enforced our own enslavement. Everyday you see middle and working class conservatives doing the bidding for the 1% and their interests...nonsensically fighting their battles. Assuming their rhetoric...The slavemaster doesnt have to lift a finger. We as a society do all the work for him.
none of yall actually read anything but the headline huh
