this post was submitted on 11 Dec 2023
497 points (98.6% liked)

News

23296 readers
3235 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

Breaking news: in one of the most productive countries / economies in the entire history of humanity, the majority of people creating that productivity do not get to enjoy the rewards of that productivity.

same as it ever was.

top 50 comments
sorted by: hot top controversial new old
[–] [email protected] 134 points 11 months ago (3 children)

You know what would fix this? More military spending.

[–] [email protected] 49 points 11 months ago (2 children)

You’re getting dangerously close to sounding like you don’t support the troops!

load more comments (1 replies)
[–] [email protected] 46 points 11 months ago

Well we certainly shouldn't have a universal healthcare system that would lift people out of medical debt and not tie them to low-paying, menial jobs just to get health insurance.

Because something about invisible hands.

[–] [email protected] 7 points 11 months ago

Look, the oil rich countries arent going to discover freedom by themselves

[–] [email protected] 73 points 11 months ago (20 children)
[–] [email protected] 29 points 11 months ago* (last edited 11 months ago) (1 children)

I give 1% to my union. My pay is ~10% better than it would be if we didn't have it, and management gets in huge trouble if they mistreat workers. And by trouble, I mean they fired a manager when they scheduled a worker over their lunch break.

load more comments (1 replies)
load more comments (19 replies)
[–] [email protected] 58 points 11 months ago (1 children)

This was a terrific time for us to go down to a single income.

[–] [email protected] 17 points 11 months ago (1 children)

Terrific time for me to get divorced.

And be a single income prior to it.

[–] [email protected] 4 points 11 months ago

Alimony is brutal

[–] [email protected] 34 points 11 months ago (4 children)

Lady in the thumbnail got some guns

[–] [email protected] 10 points 11 months ago (1 children)

Srsly. Economics Schmeconomics, whats the tattooed lady’s story?

[–] [email protected] 6 points 11 months ago

If she has kids, they gotta be the most well behaved kids in the history of the universe.

load more comments (2 replies)
[–] [email protected] 25 points 11 months ago (1 children)

Seems like a lowball number actually

[–] [email protected] 17 points 11 months ago (1 children)

Many many people are unemployed and/or homeless, or trapped in debt, which skews the numbers.

load more comments (1 replies)
[–] [email protected] 17 points 11 months ago (27 children)

Lol some clown is removing my comments as "uncivil" in posts about how the wealthy are throwing people into the orphan crushing machine and driving everyone into destitute poverty.

Violence is the only way that rights and freedoms have ever been secured. It has NEVER happened by voting. If you're too insecure and pussified to recognize this then you should never be allowed anywhere near a mod button.

[–] [email protected] 13 points 11 months ago (10 children)

The French Revolution saw less poverty and less inequality than what exists in modern day America.

[–] [email protected] 9 points 11 months ago

The wealthy view this as progress: "we milked more of the production and still have a docile subservient society"

[–] [email protected] 6 points 11 months ago

Meanwhile, Thomas Paine and any French revolutionary would be banned and censored on this platform today.

load more comments (8 replies)
load more comments (26 replies)
[–] [email protected] 14 points 11 months ago (9 children)

If only we were back in the good Ole days of 2019 with the economy roaring and 78% of people reporting living paycheck to paycheck according to CareerBuilder.

It's PROBABLY a measurement problem, not an actual number with insight on how people are living. People self report incorrectly to a lot of things, and paycheck-to-paycheck can mean a lot of things. We think of it as someone who might be homeless without their paycheck but someone who would have to sell some stocks or stop retirement contributions might also think of themselves as "paycheck to paycheck."

If you are working, your paycheck is probably a big part of your budget. That makes this survey question a bit meaningless.

[–] [email protected] 17 points 11 months ago

You're spot on here. Plenty of people count maxing out their 401k and IRA as "living paycheck to paycheck", because their budgets would go upside if they missed a paycheck and did literally nothing to cover it.

Combine that with the general bias all people have to view themselves as generally normal and you get a pretty meaningless metric.

[–] [email protected] 9 points 11 months ago (4 children)

but someone who would have to sell some stocks or stop retirement contributions might also think of themselves as “paycheck to paycheck.”

Oh, like I had to do when I moved to another apartment? I had to wipe out my (tiny) Roth IRA just to pay the deposit. My wife had to wipe hers out just to pay the movers and all the other BS fees. We now have no retirement savings and haven’t since we moved six months ago. We both had to stop contributing to our IRAs in order to continue paying the bills. We’re not even paycheck to paycheck at this point, we’re at month to month.

[–] [email protected] 6 points 11 months ago

We just had to refinance our mortgage because our credit card debt was out of control and the payments were too high.

But it did nothing to help with student loans or medical debts.

load more comments (3 replies)
load more comments (7 replies)
[–] [email protected] 11 points 11 months ago

Still? That number will only grow. Trickle down economics doesn't exist and Americans don't understand what class consciousness is.

[–] [email protected] 11 points 11 months ago (1 children)

Ugh, poor people and their disgusting lifestyle choice of having no money.

Can't they just dip into their trustfunds if they're short?

load more comments (1 replies)
[–] [email protected] 10 points 11 months ago

Remember this the next time someone says "what the market will bear."

Unchecked capitalism is about aggressively exploiting resources. We, our time, and whatever we posses of value, are all such resources.

[–] [email protected] 9 points 11 months ago (1 children)

Hey, but everyone, the 1% are doin' great and Biden needs his re-election, so the economy is super stronk!

[–] [email protected] 9 points 11 months ago (10 children)

How ignorant can a comment even be? I mean just the idea that the current economy and state of wealth inequality is Joe Biden's fault is astounding. The previous administration gave biggest handout to the 1% of any government in the history of mankind.

But that's just the history of America for the last 40 years I guess. Republicans administrations gutting things, giving massive handouts to the rich, destroying social safety nets, allowing corruption and fraud to go rampant, etc... then when a democratic administration tries to clean it up just a little bit, to stabilize things, all the mouth breathers suddenly forget everything happened beforehand.

load more comments (10 replies)
[–] [email protected] 9 points 11 months ago* (last edited 11 months ago)

Really need to bring back the 'New Deal' era laws and regulations.

Waiting for raw Capitalism to 'lift all boats' just won't happen, as only the strongest 'boats' survive the storms.

Capitalisms default mode is 'let them eat cake'.

[–] [email protected] 6 points 11 months ago

Unions and violence are the only reasonable responses.

load more comments
view more: next ›