Honest work: You make just enough to live on until its not enough and then you're homeless
Scams and grifting: You make possibly lots of money then maybe get sent to jail which is where the courts are gearing up to send homeless people anyway.
this post was submitted on 17 Mar 2024
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“We had more money when Trump was president,” she said, noting that three years ago her credit card debt was less than half of what it is now.
Oh boy, that's gonna upset some people.
When Covid hit and lockdowns started, it was reasonable to think that the world as we know it might be ending. I was scared for sure and had started making contingency plans to flee to the mountains in a U-Haul full of canned foods and water.
Things are manageable now despite people still dying from Covid. Big corporate has been milking us since, as if their profits today are the last dollars they will ever make, and so it goes that they squeeze and squeeze and squeeze.
It takes a special kind of ignorance to ignore the impacts of Covid which were made worse by the inaction of trump, the fucking idiot, and say something as blitheringly stupid as ‘well I had more money when trump was president ahardy har har’
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Money is for corporate people, not normal people! Silly goose
Every year the value of our money goes down because the government keeps printing more of it like its a cocaine addiction (This is on top of prices going up for other reasons as well).
Unless you're getting huge raises every year you're never going to get ahead, and if you're getting nothing, you're actually losing money.
This is false and understanding why it's false is important in order for us to be able to do the right choices which allow us to both keep inflation in check and avoid pointless deep recessions or depressions. You can find a decent overview here. Creating money (multiple ways, check video) is required for a growing economy to keep prices stable (inflation close to 0). This isn't new either. It was done even in ancient Greece with silver as it is easy to see the need for it once you have all the variables in front of you. The problem isn't with money creation per se, it's with the amount but most importantly its distribution. Where does it go. Does it go towards the creation of an additional bag of chip which we have little real constraint to do, or does it go towards a house in an area where there's bidding wars for houses and no new houses can be built.
Unless you’re getting huge raises every year you’re never going to get ahead, and if you’re getting nothing, you’re actually losing money.
Also if you're getting raises below the cost of living increase (which most people are), you're losing money. If you get laid off, which hundreds of thousands of tech workers are, you're definitely losing money. It's not a great time right now.
Exactly. A 3% rise when inflation is 8% is effectively a paycut.
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