380
Wages are stagnant and cost of living is ridiculous. Are we headed for a crash?
(piefed.blahaj.zone)
ye best start believin in economic depression, yer in one!
this post was submitted on 07 Jul 2025
380 points (98.2% liked)
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ITT: Slaves use bunk stats to feel indignant about maintaining the status quo.
You just need a union job. I just started mine and my first day I find out we're getting a new contract with $1/hr raises yearly for the next five years, a new boot benefit of $250 a year, better per diem on travel, and better compensation while traveling.
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The crab said: You just haven't seen your steamer yet. The crab is a low-level animal, and its nervous system is so simple that when it is slowly steamed in the steamer, it will keep stuffing the ginger slices next to it into its mouth. It just feels uncomfortable, and it thinks that eating something will make it better. I don't know if you can understand the meaning of this paragraph. To sum up, we are already in the steamer. We thought that if we find a good job and work hard, everything will be fine, but the fact is that wages are not rising, prices are rising rapidly, and the world is rotten.
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In decades past, employees would get both a cost of living raise and performance raise, but the cost of living raise has all but gone away. One way to fix this is to tie the minimum wage to inflation. It'll have tje side benefit of making companies try to reduce inflation rather profiteering.
Neoliberalism is reaching its natural conclusion, coupled with the gradual fall of colonialism, is going to lead to a permanent crash for the working class.
While Trump is being loud, the project to divide the US working class by ethnicity has been ongoing always, and began ramping up this century.
It will be required as all production is centralised within a handful of families. And the global south can no longer be relied on for cheap resources and manufacturing for middle class treats.
The US doesn't have a union presence, nor does it have understanding of left politics. Conditions will get worse and worse every decade.
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Yes, it's gonna get bad. Jobs in both the private sector, and public sector, universities, etc, we are all feeling the heat right now.
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It’s already been going on for 30+ years so whatever you call this is pretty much it.
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Why, this is a crash, nor are we out of it.
Define what you mean by 'crash'. What's been happening will continue to happen, but if you're expecting any kind of singular dramatic moment, what would that be?