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this post was submitted on 05 Nov 2024
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Showerthoughts
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Adding to this, the wealth disparity is going to continue to increase with those who have equities dramatically increasing their personal capitol, while the middle class is going to fall further behind.
I'm convinced a major part of inflation that goes completely ignored is the staggering amount of wealth generated by equities. People have literally seen 1 million become 2 or 3 over the last few years. They have been spending money with complete disregard... Watching what people buy at Costco is insane!
The goal is to make the middle class disappear and blame someone else for it. The US wants a wealthy upper class and a permanent lower working class. This is why Republicans never act on immigration, legal or otherwise, because it's the best way to lower wages, it's a huge point to campaign on, and many republicans benefit from immigrant H1-Bs and "none skilled" labor.
Many companies lobby to increase number of h1b visas because it's cheap labor that can't go job hunting. Basically indentured servitude with more steps. They want cheap labor vs Americans demanding better wages