If 99 homeless people and Elon Musk are in a room, the average net worth of every person in the room is 2 billion dollars. Why aren’t all 100 happy about that?
My company said our benefit change at the start of the year and our yearly living increases would surprise us. I was happy when I saw my pay go up by more than 200. I later found out they weren’t deducting my benefits and my overall pay went down compared to last year. I guess I miss understood surprise.
Yeah, people should be grateful everything is expensive as fuck and the planet is burning while the c-suites get more money than ever. A real accomplishment this good economy.
How does this “economic growth” benefit me? That’s right, it does not.
Almost all of our primary economic indicators have been juiced to hell and back so that “the economy” looks great on paper. In reality wages suck, inflation sucks, health care, energy and rent costs suck and the bottom 90% are growing ever poorer. But hey, our economic indicators look great so open some more champagne!
10s of thousands of nothing. Hundreds of thousands isn’t even enough that “economic growth” at the expense of increased costs and greater inequity would be a net benefit.
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