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.

  • Vej@lemm.ee
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    2 years ago

    You know what would fix this? More military spending.

    • potoo22@programming.dev
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      2 years ago

      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.

    • lightnegative@lemmy.world
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      2 years ago

      So you still live paycheck to paycheck, except now you have to trust someone else to negotiate on your behalf instead of negotiating yourself

      • Nudding@lemmy.world
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        2 years ago

        negotiating yourself

        Collective action is the only way to get even remotely close to a fair wage.

      • Cowbee@lemm.ee
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        2 years ago

        Negotiating collectively is the only way to negotiate with a Capitalist. Individually, you are a replaceable cog, collectively you’re the machine.

      • SCB@lemmy.world
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        2 years ago

        If you’re living paycheck to paycheck it stands to reason that your negotiating position isn’t very good.

  • Melkath@kbin.socialBanned from community
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    2 years ago

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

    • njm1314@lemmy.world
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      2 years ago

      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.

      • Melkath@kbin.socialBanned from community
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        2 years ago

        Lots of words by a dolt who just doesn’t get it.

        I get it. You voted Hilary. Like a dolt.

  • OldWoodFrame@lemm.ee
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    2 years ago

    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.

    • BraveSirZaphod@kbin.social
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      2 years 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.

    • SuiXi3D@kbin.social
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      2 years ago

      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.

      • Flying Squid@lemmy.world
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        2 years 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.

  • IHadTwoCows@lemm.ee
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    2 years ago

    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.

      • IHadTwoCows@lemm.ee
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        2 years ago

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

      • triclops6@lemmy.ca
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        2 years ago

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

  • Blackmist@feddit.uk
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    2 years ago

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

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

  • dangblingus@lemmy.dbzer0.com
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    2 years ago

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