The pandemic is another great example. “Essential workers” were expected to risk their lives and those of their loved ones while business owners got huge loans they never had to pay back. Working folks meanwhile got a couple grand for the entire year and even then folks say it was too much.
I’ve never seen such a naked upwards redistribution of money in my life. At one point, the Fed gave itself the power to literally buy shares of funds itself to inflate the price.
Now since the free money has dried up with rising interest rates (which had to happen because the poors were finally seeing an opportunity to get a mortgage with low rates and that caused all of the inflation don’t you know) businesses are raising rates on everything ever to sustain their profits.
Except the term “essential workers” became a hollow statement when it became obvious that it wasn’t referring to “essential” to society, but essential to the economy.
Nurses and firefighters, hell yeah, but also bartenders? Oh, but definitely not restaurant servers. Oh yeah, but we gotta keep those Walmart baggers on the Frontline, can’t risk cutting into the Walton’s fortune.
The pandemic is another great example. “Essential workers” were expected to risk their lives and those of their loved ones while business owners got huge loans they never had to pay back. Working folks meanwhile got a couple grand for the entire year and even then folks say it was too much.
I’ve never seen such a naked upwards redistribution of money in my life. At one point, the Fed gave itself the power to literally buy shares of funds itself to inflate the price.
Now since the free money has dried up with rising interest rates (which had to happen because the poors were finally seeing an opportunity to get a mortgage with low rates and that caused all of the inflation don’t you know) businesses are raising rates on everything ever to sustain their profits.
Except the term “essential workers” became a hollow statement when it became obvious that it wasn’t referring to “essential” to society, but essential to the economy.
Nurses and firefighters, hell yeah, but also bartenders? Oh, but definitely not restaurant servers. Oh yeah, but we gotta keep those Walmart baggers on the Frontline, can’t risk cutting into the Walton’s fortune.
Fucking clown world, I swear