I tend to agree with you but all the "moderate" "normal" Republicans that used to vote for up until 10 years ago is what got you that and the Democrats you vote for now definitely get you that. At least what we have now is trying to throw a wrench in the system, it may not be perfect to your liking but at least something's trying to move.
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Misc This Means WAR
- Thread starter Rain Cold
- Start date
No one enforces anti trust laws anymore
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Downeastnc
Member
And as long as this is this is the attitude then it wont change, I am pretty sure every middle class worker out there right now would love 2 more dollars a hr. and if that means the millionaire CEO only gets 5 million in bonuses instead of 20 I can live with it and so can they.
I remember it was a huge deal when we got cable with only 27 channels
Downeastnc
Member
Companies making money isnt the problem its what they do with that profit that is the problem...they raise prices of their goods, but dont raise wages and benefits for their employees , who are seen as a cost to be cut in order to help increase their margins and profits...then that profits mostly goes to the top 10% of earners in the country. Folks are getting pretty pissed off that all the goods they need to buy are going up and their wages are not.
And when that two dollars an hour causes inflation that zaps it, what then? Who are we taxing at that point?
Unless our entire outloook and attitude changes, its nothing but a forever spiral. If we are to tax the rich, we had better do it when it actually changes something because pulling that prize egg too soon leaves us screwed.
So I heard why Latino vote is back to Clinton levels for Democrats is due to mass deportations.
Downeastnc
Member
No one can convince me that paying a livable wage is going to drive inflation up, hell we did it for DECADES why all of a sudden is it a thing, 10-15 years ago I was able to go on vacations all the time, buy new cars whenever I wanted, now I make considerably more money and cant do those things as easily. Why was it possible to pay a living wage then but not now....the answer is simple corporate greed, the profit now goes to the shareholders and executives, and it is destroying the middle class, in another few decades you are going to have the top 10 or so percent of Americans controlling 90% of the wealth while everyone else struggles. The top 10% owns 93% of all privately owned stocks in this country, thats why they put shareholders over workers, they are paying the profits to themselves cause having millions or even billions of dollars isnt enough anymore I guess.
- The Top 1%: Controls roughly 30% to 32.5% of the total wealth in the United States, which is nearly equivalent to the wealth held by the entire bottom 90% of the population. [1, 2, 3]
- The Top 10%: Owns roughly 60% to 70% (and up to two-thirds of collective net worth), while controlling about 93% of all stocks. [1, 2, 3]
- The Bottom 50%: Holds a mere 2% to 2.5% of the nation's total wealth.
Maybe because those years were red herrings and enigmas in the course of human history where the stars aligned for only a short time? Maybe in that time period you were more well off compared to others through circumstances and inflation from the catch up factor caught you.
I mean heck, I'm sure the government probably thinks the same thing with the absolutely ridiculous bloat and increase in debt.
Downeastnc
Member
In the 80's the middle class had about 35% of the national wealth, now the middle class has 8%....know what else has changed since the 80's...
Corporate Profits Growth: U.S. corporate profits (after tax) have surged from roughly $150–$300 billion per quarter in the 1980s (e.g.around $154 billion in late 1980) to over $3.8 trillion to $4.2 trillion annually/quarterly in 2026 (reaching historic highs of over $5 trillion before tax). Overall, corporate profit growth has vastly outpaced cumulative inflation, growing at an annual rate of roughly 7% to 8% post-1989 compared to slower nominal GDP and wage growth. [1, 2, 3, 4, 5]
Inflation Comparison: While cumulative consumer price inflation has roughly tripled or quadrupled since 1980 (with average annual inflation hovering around 2.5% to 3% over long horizons, punctuated by specific spikes like the early 1980s and 2021–2022), corporate profits have multiplied more than tenfold in nominal terms and roughly doubled as a share of U.S. GDP (climbing past 13%–14% of GDP). [1, 2, 3, 4, 5, 6, 7]
Share of Economy: Unlike wages—which have seen a declining share of total GDP since 1990 (slipping from about 66% to under 62%)—corporate profits and profit margins have expanded to record levels, meaning corporations have captured a disproportionately larger slice of economic growth than general inflation would imply.
And also the 70's and 80's were when women really entered the workforce, rapidly increasing family wages, likely boosting demand and then eventual inflation. Its very possible that the 80's were just the peak of the wage/inflation pyramid where all the stars aligned.
There’s a choice in that equation!
Shaggy
Member
What's the choice going from company A that pays $15 to company B that pays $15.10
Learn something to go to the company that pays $25?
ForsythSnow
Moderator
The company that pays $25 just laid off 15% of their workforce, and aren't hiring you and sent you a ghost job listing to take your data to know how desperate you are so they can use it against their employees wanting $35 an hour but make $30 an hour at that job. That's the job market.
Shaggy
Member
There's good paying jobs out there. If you're willing to be a slave. I had an old indeed account from when I moved 3 years ago. Couple weeks ago I get an email from Amazon who's recently opened a facility near here. My resume matched with their area manager position and they wanted me to apply for 70-90k a year. Nights, weekends front half back half 12 hour shifts. I didn't apply because I'm not a robot or a slave to their business. Bozos has hundreds of billions. Wants to work his workers into the ground.
Come over here then to buttcrack AL where in Clay county Welborn and Koch Foods pay ~$20 an hour and in Talladega county, Nemak(not the best place to work though) starts mid-20s and the Quarries start close to $30 if not higher and these are for the non-skilled positions, and I mean, non-skilled.
Thats just off the top of my head.
GDP is 3.4 today. Will hit 5 by December per Atlanta fed
Average household per capita income just hit all time high $87,000
Poverty rate is all time lowest right now. 10.5
165,000 jobs added past month
Avg Income is $14,000 higher today than 4 years ago
In 2022 inflation was 9.2%
No one was telling the story.
Average household per capita income just hit all time high $87,000
Poverty rate is all time lowest right now. 10.5
165,000 jobs added past month
Avg Income is $14,000 higher today than 4 years ago
In 2022 inflation was 9.2%
No one was telling the story.
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Very true, some companies are like that. Other times its different, like my coworkers nephew who got a job at Cintas and is now making somewhere around $31 an hour at 22 years old or another fellow I know, around 22 as well, got a job working at a municipal housing authority doing maintenance. I think he makes ~$25-26 and hour and they sent him off to get his HVAC cert(which he did.)
Shaggy
Member
I'm making over 20 an hour as well but that's not the point. It's what they expect of you to make that with many of these companies. I'm fortunate that where I am now isn't like that
I think that is true, but in many cases its different. The two I mentioned love their jobs. Maybe y'all just have more garbage employers over that way.
There werent 70,000 women an children killed. Yes women an children have been killed in Gaza since
October 7th
Unfortunately.
You should go watch footage of Oct 7th unedited. I can promise you/ if that was my family neighbors countrymen savagely decaputated like that. Id be rolling into Gaza no holds barred as well. Then off to Iran / the head of the snake that along with the quise of USAID funded and set those wheels into motion.
But like they say over there. No jews/ no news I supose.
Shaggy
Member
Maybe if isreal hadn't stolen land and killed Palestinians for the last 75 years there would have been no October 7th?
Downeastnc
Member
Yep this literally just happened here where I work. They surveyed the local job market for similar industries and decided we get pd enough.