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QuixoticSoul · 41-45, M
Picklebobble2 · 56-60, M
You sit and listen to all this cobblers about 'quantative easing' and 'borrowing money against the deficit for business' and you think.🤔 What good is that to the working poor if you never raise the minimum wage ? 🤷♂️
ALL those PRIVATISED former National Assets......NONE of whom cutting the poor a break in their gas or electricity or phone call prices during the last year !
All of that you could roll your eyes at and say 🙄 "Yeah typical Tory policymaking" But it will get to the point where ALL of it is unsustainable UNLESS you can raise the standard of living for the poorest, because ultimately, there'll be MORE of THEM than anybody else !
Trust me, as soon as the 🩺🔊ALL CLEAR is sounded and travel is once again possible, those who have done well during the crisis will disappear quicker than a fart in the wind !
ALL those PRIVATISED former National Assets......NONE of whom cutting the poor a break in their gas or electricity or phone call prices during the last year !
All of that you could roll your eyes at and say 🙄 "Yeah typical Tory policymaking" But it will get to the point where ALL of it is unsustainable UNLESS you can raise the standard of living for the poorest, because ultimately, there'll be MORE of THEM than anybody else !
Trust me, as soon as the 🩺🔊ALL CLEAR is sounded and travel is once again possible, those who have done well during the crisis will disappear quicker than a fart in the wind !
CountScrofula · 41-45, M
This is about pro-wrestling but relevant.
WWE does a touring live show. The money from doing the live shows is a significant part of the pay for their wrestlers. When covid hit, they had to cancel the shows. This was a huge panic, and WWE laid off a lot of people.
Turns out that the live shows didn't make a lot of profit for the company.
So WWE's wrestlers make less, they hire less staff, and they are now making more money than ever. This is despite their TV shows being pretty awful by the standards of wrestling fans.
Now extrapolate that to countless other industries. Their costs have gone down drastically but their profits have gone up and there are fewer workers making less money.
WWE does a touring live show. The money from doing the live shows is a significant part of the pay for their wrestlers. When covid hit, they had to cancel the shows. This was a huge panic, and WWE laid off a lot of people.
Turns out that the live shows didn't make a lot of profit for the company.
So WWE's wrestlers make less, they hire less staff, and they are now making more money than ever. This is despite their TV shows being pretty awful by the standards of wrestling fans.
Now extrapolate that to countless other industries. Their costs have gone down drastically but their profits have gone up and there are fewer workers making less money.
Burnley123 · 41-45, M
@CountScrofula Some businesses are doing well and some a genuinely struggling. But yeah, the nature of government intervention means that they get free money to stay afloat but can still lay off staff. It's what free-market libertarians call crony capitalism but is in fact actual capitalism when there is a crisis. All this anti-big government rhetoric for a state which nakedly supports class interests
InOtterWords · F