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Cake day: July 1st, 2023

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  • If you make a couple million dollars as a middle class person, without familial connections, you’ve at best committed fraud on a massive scale, or been involved in something highly illegal.

    Median income in the US is between 37K and 80K depending where you look and what figures you use. At 80K, it would take a person 12.5 years to make a million dollars. That’s not paying taxes, not paying living expenses, and generally somehow living in a bubble where you owe nothing and get to keep 100% of the check. In a more realistic scenario where half that income is taxed or expended on living expenses, that’s 25 years per million.

    Between inflation and price gouging by vendors and retailers of popular products, nobody alive today with a middle class job is ever going to have a hope of saving up a million dollars, there is no ‘lifestyle’ choices a person can make even with a well paying job that’s ever going to see them become a millionaire in their lifetime, let alone a multimillionaire without fraud or illegal activity.









  • Rakonat@lemmy.worldtoNews@lemmy.world*Permanently Deleted*
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    23 days ago

    The cheapskate nepotist who has better relationships with dictators from authoritarian regimes than statesman from his own country is absolutely full of shit when it comes to giving Americans the best deal possible. The fact that the USMCA didn’t turn into a dumpster fire was over Trump’s own protestations to things the negotiators forced in to not yank the rug out from consumers.

    We’re still dealing with the after effects of his numerous Trade Wars and unjust Tariffs. Anyone thinks Trump gives a damn about American workers needs to wake up and stop drinking the kool-aid.





  • Rakonat@lemmy.worldtoMicroblog Memes@lemmy.worldI'm Greganent?
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    25 days ago

    Technically yes, as there are many definitions. But practically, no. Tthe commonly accepted and popular definitions break down with the working class being those without college degrees, those who’se living expenses and day to day expenses is most if not all of their income, where another common definition specifically list unskilled labourers, artisans, outworkers, and factory workers as working class.


  • Rakonat@lemmy.worldtoMicroblog Memes@lemmy.worldI'm Greganent?
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    25 days ago

    We’re going to run into a crisis within our life time whether we like it or not. Within 10-20 years, possibly longer if legislation somehow hampers it, pretty much the entire working class will be unemployable because machine labor will be cheaper and more readily available than any human. Yes, some people will still have jobs, but not the working class.

    Long before we have a crisis of too many elderly for the working to care and provide for, we are going to have a crisis of not enough jobs paying a liveable wage for one, let alone a family, because corporations are going to be able to replace large swathes of their workforces with machines that cost less to maintain per unit than minimum wage, so why would they ever hire a person?