And still refuse to fight for more.
Trickle down economics huh. :)
… and that pie, you guessed it, a pie made of human shit and your own warm tears.
This is why I will never suffer a rich person to tell me that they “have a right to the fruits of their labor”.
They don’t fucking labor.
And they take a vineyard while relinquishing a grape
I’d watch but fuck cbs
Worry not, m’lady. aggressively tips fedora For I will save you!
CBS is reporting on a report from the Ludwig Institute for Shared Economic Prosperity (LISEP) whose corresponding August 20 press release can be found here. (Archive here.)
And what, 1 in 3 jobs is now a “contractor” instead of a FTE, interesting
Is this U3, U6, gross labor participation… ?
Folks love to conflate the three in order to create in impression of a sudden unreported change in unemployment, when it’s just comparing apples to oranges.
U6 is around 8%. Pretty bad.
Things are much worse than the “official” stats are saying.
U6 is around 8%. Pretty bad.
Historically below average.
Things are much worse than the “official” stats are saying.
Then put some real analysis on the table and stop making scary fingers behind every stat you dredge up.
I’m tired of reading the “everyone’s lying to you and things are worse than you realize” line when I’m fucking alive in the world and can see for myself, at a personal level.
I don’t bother reading statistics if I’m just going to add a vibes-based modifier to scare myself.
Problem is the official definition of unemployment disregards the many who drop off the unemployment-insurance rolls, never qualified for unemployment-insurance to begin with so were never counted and those who are long-term unemployed to say nothing about the much more common problem of people with employment who are underemployed but who would welcome a stable full-time job.
Stats are great but go out and do some qualitative data gathering by talking to people. Shit is bad right now. It’s not getting better. Labor participation rate is at a lower than its been in decades which is another really concerning sign of the times.
I’m not sure any of that matters anymore now that the Trump administration has been firing people who publish real numbers that The Party doesn’t like.
Idk how you determine unemployment if you plan to dismiss the organization that calculates unemployment.
That’s what makes the dismantling of such important institutions so evil. You simply cannot determine that anymore. It is better to make peace with that unfortunate fact rather than believe lies and made up numbers.
I’ve seen people arguing that the BLS wasn’t a reliable source since 2008.
But I don’t know how you get “I’m confident we have a 25% unemployment rate” from “I don’t trust the numbers”.
Agreed. I wouldn’t make a confident statement like that at all, it’s simply not possible.
… and no one will complain.
The owner class figured out a few generations ago that in order to keep the masses from openly revolting … you keep them fed. And you also don’t need to keep them fed that much either, you just need to keep them holding on or have access to enough food in order not to starve. Revolts and revolutions won’t happen until people start starving, near starving or are threatened with starvation.
So they’ll keep us all fed … they won’t give us big giant buffets of food … but just enough to keep us all from standing up together to try to fight anything or anyone.
A few generations? Friend, the romans would like a little bread and circus with you.
Except that was about appeasing the populace by providing FREE food and entertainment.
Nowadays most Americans are priced out of both bread and circuses, though, making the violence capability of the government the only thing currently keeping the people from figuratively storming the Bastille.
is it the good bread? with the olives baked in? I AM AT THAT CIRCUS
Pssst. Your C suites info is public record and local PD don’t give A shit of some management asshole dies.
Please clap for your self-inflicted wounds
I will agree that change is up to the workers, but self-inflicted? When we’re born into the system and will probably die before there’s a lot of change, even if there was a push for it? Must have been a vote that I missed somewhere. I’m old now and wage theft was already underway.
You should’ve chosen to be born in Europe duh \s
And I’m referring to the magats that voted for it, calm down with the defensiveness.
Lol what the fuck dude? You think MAGA people are on Lemmy? Come on… This is such an intellectually dishonest statement.
How did you arrive to the conclusion that that is what I’m saying? You need to work on your reading comprehension. Are you feeling called out because of how my original post was worded? The “you” in my post wasn’t meant to be taken literally, as in “you” the reader, but it is telling with how defensive you are being.
Reach around back clap.
That’s ok, we just need to keep growing the pie. Forever. If we do that, eventually even the poorest will be living like the average millionaire today. At least I think that’s the theory those ‘Abundance’ people, like Ezra Klein, are pushing: just keep growing until we’ve converted so much of the Earth’s resources into profits for capital that there’s just so much god damned wealth that inequality no longer matters? I guess.
I’m not very far into ‘Abundance’ but the jist I’m getting so far is quite different from what you’re saying…
But instead, we are simply very far behind on infrastructure and building. We should be building…dense housing, clean energy, transmission lines, etc…to make up for decades of intentionally slowing down development, mainly intended to protect homes and communities that were already built.
I’m not getting the impression that it’s saying that zoning is bad, just misguided. We spent the 70s/80s/90s over-correcting for shit we did in the 40s/50s/60s…and now we’re stuck in this rut where we need to make up for it, but progress is limited primarily by red-tape and NIMBYs (and most of that red tape is there by-and-for the NIMBYs).
But like I said I’m not far into it.
But instead, we are simply very far behind on infrastructure and building.
We are.
We should be building
We should.
…dense housing, clean energy, transmission lines, etc…
I agree, but who’s going to initiate all of this development? I suppose the idea is that without the obstacle of unnecessary regulations, private capital will flood into these developments, but I don’t buy that regulation is what has been primarily holding private capital back. Investors will cut through any and all red tape if the potential for profit is high enough. Where’s the profit potential in building out electricity transmission infrastructure, for instance? Aren’t most infrastructure projects publicly directed and funded, anyway?
I just think people like Klein place far too much faith in the invisible hand of the free market.
to make up for decades of intentionally slowing down development, mainly intended to protect homes and communities that were already built.
Not to protect communities, to protect individual wealth. The vast majority of American households have the vast majority of their wealth in their home. It is by far their most valuable asset. For many Americans, it’s their retirement plan. For many others, it’s the only inheritance they have to pass on to their children. That’s why they vote for restrictive zoning laws, they’re trying to protect what relatively little wealth they’ve been able to accumulate in their life.
Damn sure feels like it.
