"lower wages are good actually"
(midwest.social)
Yuritopiaposadism [none/use name]
Slop.Politico authors being shot out of a cannon could be good for them, the sudden release of DMT before death could result in a single moment of clarity in their lives.
They do seem to be getting even worse.
This is so dim, even from a capitalist perspective. Everyone in America is deeply in debt. Student loans, home mortgage, car purchase. EVERYONE is insanely in debt. Now if wages are not rising by the amount I have to pay is (due to interest) that's a lot of loans that are suddenly looking real shaky. And when investors are exposed to a massive AI bubble, that starts looking real bad for the global economy. The upside is a debt bubble popping would lead most likely lead to deflation.
"If they pay us half as much, then the price will go down by half"
This con has been going on for generations, and apparently they still are getting people to believe it. Just a few years ago I had a coworker who said he would not want a higher wage because of the increase in the cost of products.
These people need to be shamed. Believing something like that is fucking embarrassing.
Some people are just really well (irreversibly?) indoctrinated into the imperial capitalist viewpoint. My goal is to find the people who are compatible and leave behind the ones who aren't.
:::spoiler You'll hate to know this further detail
that this same guy would show up 2 hours early to work, and start working 1 hour early (unpaid), because he had nothing better to do with himself.
:::
Yeah I have a vivid memory of someone saying years ago that if the minimum wage was raised that prices would go up, "But prices are going up anyways" they had no response.
The level of indoctrination to believe that “price controls are totalitarian communism” while simultaneously placing the price of labor in a distinct, non-price, category that must be constrained.
Inflation is nothing but a tax on wealth, so long as wages rise accordingly. And they say that somehow taxes on wealth are unconstitutional. Wealth is protected and sacrosanct, but income is not.
What you’ve already “earned” (almost always by virtue of being born rich) is untouchable and sacred but constraining earnings is a matter of public policy.
The degree of indoctrination is just incredible. And this is Politico. Mediafactcheckbias^TM^ ranks them as “center left”.
Labor must lose earning power so that billionaires and bankers are protected. That’s the center left.
Is this trickledown, reversed edition?
In ages past they used to print this horse shit on paper so we could at least use it as insulation or to make silly hats.
“Could help bring down prices”
Ron Howard voiceover: “It did not.”
Now that you can’t afford avocados, just think of all the money you won’t be spending!
Your diet of beans, rice, and vegetable oils is going to be so cheap. Maybe you can even get a tin of tuna from time to time. Share it with the cat.
Shit, fuck, everyone's eating beans and rice, now the price is going up
We can now only afford beans or rice.
:riceis: (there is no rice emoji)
"wage stagnation is actually good" - capitalists keeping prices high and building bunkers on private islands.
politico authors not even entertaining the idea that their food passes lots of hands to get to them
"Could" doing an absolutely incredible amount of unpaid labor in that headline
Even if we take this seriously as an idea, it's still gibberish. In this theory it doesn't matter if wages go up or down, because prices go up and down correspondingly. It doesn't matter if they go up fast or slow, or stay the same. The "sting" remains constant.
if a robot didn't write this, the human who did has brought great dishonor to themselves and their ancestors.
The robot will bring more nuance. This is an unwashed mind.
Im over here having an existential crisis about whether to downvote this then i realize the sub. Ahh yes slop indeed.
I remember my dad describing the 1970s as the worst economy of his life. I don't think he was old enough to work then, but anyway, i did the math and i think the minimum wage then would have been like $13 an hour. And they got like a 10% increase in the minimum a year later.
