• AllonzeeLV@lemmy.world
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        10 months ago

        They don’t. Congress with the President could but won’t.

        I’ve no illusions friend. Neither the Republicans nor the Neoliberals aka 90+ percent of Office holding Democrats have the slightest interest in helping anyone, only taking bribes and reinforcing their party’s power.

        This nation is over. Reaganomics saw to that and Citizens United dashed the last of the faintest of rational hopes for self-repair. This is just leftover momentum. This labor camp we call the US will eventually collapse under the weight of its own corruption, but until then, we suffer generationally with zero recourse.

        No one with any power, no one from the right families is coming to help their capital livestock. This exploitation machine is exactly what they wanted and spent decades lining pockets to achieve.

        • FrenLivesMatter@lemmy.today
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          10 months ago

          No one with any power, no one from the right families is coming to help their capital livestock.

          That’s an interesting sentence right there. What does that even mean, the “right” families? Are you seriously expecting the people who created the problem to now help solve it?

          This exploitation machine is exactly what they wanted and spent decades lining pockets to achieve.

          No, of course you aren’t. But by God, let’s also not ask for help from the “wrong” families…

          • AllonzeeLV@lemmy.world
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            10 months ago

            I meant internally right. Goes to the right country clubs. Is on the right museum boards. Is in the little owner’s club that starts with having a 9 figure net worth at absolute minimum.

            That’s what I meant by “right” it was a mocking term for the self-protecting, self-elevating wealth class made up of a few thousand of the right families that lord over all of us and believe they are where ultimate authority belongs, and have used their great wealth to secure generationally. This is their system, by their design, and they will continue to use their vast power to defend it.

            • FrenLivesMatter@lemmy.today
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              10 months ago

              Ah yes, if only one of those country club going billionaires would decide to use their power to try and come help us…

              Yeah, I think I’m just gonna let you stew and simmer on that one.

              • AllonzeeLV@lemmy.world
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                10 months ago

                I’ve belabored the point that they won’t, have no reason to, literally created such conditions to begin with, and actively defend against any change to it.

                Do you have some sort of a point? If so speak it.

                • FrenLivesMatter@lemmy.today
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                  10 months ago

                  I do, but if I said it outright I would just be accused of a lack of empathy and intelligence, plus a whole lot of other things far worse than that, so I won’t.

                  So if you didn’t get my broad hint, I’m not going to be upset, and if you do, like I said, perhaps take my advice to stew and simmer over it before posting a response in affect.

  • TechAnon@lemm.ee
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    10 months ago

    What are YOU doing about it? Not Biden – YOU: the person reading this comment.

    I can tell you my overall cost of living since 2020 has plummeted, not because I haven’t faced inflation like everyone else, but because I stopped spending on most extra things. For example: not eating out anymore, cancelled all streaming subscriptions, flexed what I eat based upon coupons and deals at the grocery store (still healthy), I drive much less, etc…

    If you keep buying stuff when prices go up, this keeps demand high and, therefore, prices high.

    Edit: So far people are saying they are doing nothing different… just continuing to blame corporations. It’s both greedy corporations and people’s fault. If the costs for basic goods and shelter go up, why wouldn’t you adjust?

    • money_loo@1337lemmy.com
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      10 months ago

      I spent thousands on Black Friday sales to have a good Christmas as a family for the first time in what, four years?

      So I guess you can say I’m doing my part to stimulate the economy.

      Also I dunno about you, but I think my wife would get depressed if I told her there was no more eating out.

  • snownyte@kbin.social
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    10 months ago

    Corporations after seeing how Black Friday netted over $9.8 billion: Uhhhh…no. According to these numbers, people LoVe the prices!

    • prole@sh.itjust.works
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      10 months ago

      Or they just know that Americans would rather go into significant debt, than having a lighter Christmas and/or buying less for a year or two.

      • snownyte@kbin.social
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        10 months ago

        I’m glad I have friends who can live without needing presents every year to feel validated on keeping a friendship alive.

        I keep hearing other people just tear themselves apart because they worry about “ohhh I need to go shopping next week!” or “I can’t figure out what this person wants who barely gives a shit about me but I need to gift them SOMETHING!”

        Like damn people, is it worth it that much to gift someone things at the cost of your own sustainability?

    • iBaz@lemmy.world
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      10 months ago

      What can he do about it? We live in a free market society. All he can do is keep talking about it and hope the people get the message. Rebellion will start at the consumer level and go up, not the other way around. Main problem is the millions of people that rely on Fox for their news.

  • spyd3r@sh.itjust.works
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    10 months ago

    ‘Stop the money printing’: Biden hits Federal Reserve over excessive inflation…

    Is what it should say.

      • FrenLivesMatter@lemmy.today
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        10 months ago

        Shutting down the Keystone XL pipeline and restricting domestic oil leases almost immediately increased the price of gas by 20 or so cents.

          • FrenLivesMatter@lemmy.today
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            10 months ago

            Making gas more expensive to produce will drive up the price you pay at the pump. It’s not that difficult to understand, is it?

            • Drinvictus@discuss.tchncs.de
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              10 months ago

              That’s not price gouging though is it you dumb fuck? Have you even read the fucking article? It’s always hilarious when an absolute buffoon tries to be ironic.

              • FrenLivesMatter@lemmy.today
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                10 months ago

                Alright, while your crude behavior doesn’t exactly fill me with confidence about your receptivity for reason and evidence, let’s take a look how Biden actually defines “price gouging”:

                “Any corporation that has not brought their prices back down, even as inflation has come down, even as the supply chains have been rebuilt, it’s time to stop the price gouging”

                This is either another one of his classic faux pas, or it’s used as a propaganda term here, because on closer examination, this sentence reveals a fundamental misunderstanding of the relationship between prices and inflation. Stay with me here, and I’ll explain why, but I’m afraid it’s going to require just a little of high school math.

                Inflation is defined as the rate that prices rise, i.e. higher inflation = prices rise faster, lower inflation = prices rise slower. Read that last part again, because that means specifically that lower inflation does not mean prices go down. It means they go up more slowly. In order for prices to actually go down, inflation would have to be negative, which it currently isn’t. Hence, Biden is either making a mathematical error here, or he is deliberately misleading people about the nature of the relationship between prices and inflation.

                There you go, I hope that was clear enough. Now feel free to continue your verbal abuse, but I think it’s amply clear who’s the buffoon here.