The War on Workers - The Fed wants us poor

[⠝⠕⠏⠑]

If I’m reading this right, the workers are not the problem and never were. It looks like unchecked profits for corporations has driven every industry into the ground while scapegoating lower and middle class workers.

This isn’t sustainable. Why not check these billion and trillion dollar moguls and industries? Force them to pay their share of taxes and fees? Regulate industries to ensure abuses and corruption doesn’t occur.

Why is this being posed as a worker issue and not a trillion dollar big business greed problem?

 

[MrLogic]

You know easy solution is burn the entire shyt down

but folk still want to be entertained
and their fast food

Iphones every year

 

[Stir Fry]

I know one thing, the wholesale price of lumber dropped significantly from during the height of the pandemic at $1400+ per unit to like $360 per unit now, but lumberyards still have those old prices in affect because they sitting on product they paid inflated prices on and got caught up in greed like other industries. Same reason these home builders keeping their prices artificially inflated.

CDX sheets of plywood are still going for $80 out here smh

 

[⠝⠕⠏⠑]

You know easy solution is burn the entire shyt down

but folk still want to be entertained
and their fast food

Iphones every year

Or just tax the rich?! Am I tripping? During economic booms the tax rates for top 1% of earners was at 91%. Now it’s in the 30s, while lower and middle classes pay the most taxes.

…So political leaders should just raise taxes on the rich. What’s keeping them from doing it?

I’ve heard rumors that they have been bribed and threatened by rich corporations but damn, something has to give.
Otherwise, yeah…like you said-this shyt is gonna get burned down.

 

[Wild self]

Open AI (people who made ChatGPT) already working that field, as early as Summer 2023:



The thing is a worker will have to be x3 as efficient because an android can work 24 hours/day while a human can do 8-10.

The second the person misses 1 day of work, the android has passed their output. We already seeing what Amazon doing with automation for their warehouses and how precise they are.

Plus the trade fields are getting wrecked right now as well as many of them in the carpenter fields for example are having difficult time finding work.

@Dallas' 4 Eva

Trades gonna get wrecked.

 

[Fillerguy]

A year ago they complained about people not working. Now too many people are working.

Late stage capitalism. I hope to see this fukker collapse before I die.

 

[Wild self]

A year ago they complained about people not working. Now too many people are working.

Late stage capitalism. I hope to see this fukker collapse before I die.

These corporations want infinite profits.

 

[⠝⠕⠏⠑]

These corporations want infinite profits.

I don’t understand. I’m no economic guru but anybody with two brain cells to rub together should be able to see where this leads.



I really need somebody to make this make sense.

Over the next 10 years, the richest 1% of American households will take home about another $22tn, after federal taxes. Their average annual post-tax income will be about $1.7m.
Right now they pay about 30% of their income in taxes. Increasing their overall average tax rate by about 10 percentage points would generate roughly $3tn in revenue over the next 10 years, while still leaving the 1% with an average post-tax annual income of more than $1.4m. (That new tax rate, by the way, would be about the same as the overall rate the richest 1% paid back in the 1940s and 1950s.)
Three trillion dollars in new revenue is enough to make college free at all public universities, make a massive new investment in infrastructure along the lines of what Senate Democrats have proposed, and triple the budget for the National Institutes of Health. Needless to say, all of these investments would pay enormous economic dividends.
Of course, we could raise even more from the rich. We could raise the top 1%’s effective tax rate by as much as 25 percentage points and still leave them with an average annual after-tax income of over $1m. Doing that would generate about $8tn in revenue, which is enough to send every household in the bottom 75% a check for nearly $8,500 every year for 10 years.

Please do not tell me all of America has been drawn into gender, race, ethnicity, religious, political, cultural warfare to avoid making the top people pay what they owe and improve the quality of life for all.

Please don’t tell me all this shyt is about greed.

 

[Wild self]

I don’t understand. I’m no economic guru but anybody with two brain cells to rub together should be able to see where this leads.



I really need somebody to make this make sense.

Please do not tell me all of America has been drawn into gender, race, ethnicity, religious, political, cultural warfare to avoid making the top people pay what they owe and improve the quality of life for all.

Please don’t tell me all this shyt is about greed.

Its greed and utter hatred simply cause you not born a rich white male.

People worship getting money by devious means, that they willing to go scorched earth for a buck.

 

[Gritsngravy]

the fed should NEVER have pumped all that monopoly into the economy as soon as the pandemic hit. now everyone is paying for it. literally.

just so you could have a shytty stimulus check that was spent 2 years ago.

What would you have done during the pandemic

 

[beenz]

What would you have done during the pandemic

NOT shut down the entire economy for one. that was retarded.

 

[Gritsngravy]

lazy fukks were in covid heaven getting free mpney sittin on their ass ordering fpod pkaying fake investors.. robinhood lol

as a miullionaire i say fuk you

How you get that million

 

[Gritsngravy]

NOT shut down the entire economy for one. that was retarded.

What would you do once hospitals are overwhelmed all over the country and more people getting sick at a higher rate

 

[beenz]

What would you do once hospitals are overwhelmed all over the country and more people getting sick at a higher rate

that was media fearmongering cuz that scenario NEVER even came close to coming to fruition.

 

[Gritsngravy]

that was media fearmongering cuz that scenario NEVER even came close to coming to fruition.

You sure, we seen what happened in other countries what makes you think america could’ve avoided the same