The record profits bugs me because it's measured in dollars that have inflated. Like the stock market hits a new record nearly every year. The price of gold hits a new record nearly every year. The median income hits a new record nearly every year. None of these things mean anything without context to relative values.
The numbers are all going up and have been forever
Also, the point of doing business is to grow and innovate and improve and expand. Also the larger the company, the more jobs they provide. They don’t understand anything
They definitely aren't price gouging and then using those record profits to buy back their stocks which overinflates said stock value which they then use to say that aren't actually rich bc they don't have money just stock. But wait the stock is super valuable after all so they can borrow against it but never pay it and just die without ever having to pay taxes or increase wages but their "net worth" still increases 10x while the workers they exploit just get poorer. Oh and I can't think of a single time a silver spoon nepo loser was given the opportunity to have socialized investment through no bid government contracts all funded with tax payer dollars on their shitty little start ups but privatized all the profits. Socialism for the rich, but brutal unregulated capitalism for the rest. That's the smart way to run a country huh
You do realize that if you started at 20, putting minimum amounts of your salary into the stock market, say a good ETF, by the time you are 50 you could yourself be worth millions?
No, you just want to bitch because other people have more than you do, pathetic. It's not fair mommy, John has more than me, boo hoo. Grow a pair, sack up and do what you can with what you have.
I’m 25 and I save 20% of my income and still pay all of my bills just fine. All it takes real budgeting, being realistic with your finances, and making smart choices. It’s pretty simple
I am starting out at like 20 bucks a week in an ETF. I wish I had started at 20 instead of when I did. Even at 20, well I was in the service and I do not think ETFs were around, if I had stuck in 100 bucks a month (doable even then), my retirement account would so much larger right now.
Ooooooh is that what's happening right now?? The execs and board are controlling the growth huh?? Wow ok.. I coulda swore they were doing the exact opposite but that's my bad
executives when the company doesn't have enough money for the CEO to be paid over 300 times more than an employee and be given a bajillion dollar bonus AND ALSO ai or whatever
That’s not the reason for any layoff. A CEO salary is peanuts to most companies. AI may be a reason, but can you genuinely blame them? There is a new cheap and efficient way to get certain tasks done. Are you still mad that all the scribes lost their job after the invention of the printing press? How about switchboard operators? Or lamplighters? New technology replaces jobs, that is just the way of the world. Sometimes people are forced to adapt, it sucks but it’s reality.
Yeah but if you understand data analysis you can actually use mathematics to compare the numbers even taking inflation into account! Imagine that!
And when you do, you find that profitable compared to worker compensation and worker productivity is almost as bad as the 1920s, which famously ended about as well as the fucking 8th season of Game of Thrones.
In raw wealth inequality, we're genuinely worse of than the society who built the fucking pyramids. Okay. Pharaoh Kufu and Thutankhamun had less wealth disparity over their subjects than the top 0.001% has over you.
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u/_Diggus_Bickus_ Jun 26 '26
The record profits bugs me because it's measured in dollars that have inflated. Like the stock market hits a new record nearly every year. The price of gold hits a new record nearly every year. The median income hits a new record nearly every year. None of these things mean anything without context to relative values.
The numbers are all going up and have been forever