Reply to Why is everything so expensive (general rant)

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]"But look at fast food worker salaries since 2019. Also look at the typical white collar salary. They are up 15-30% on average compared to 2019. It is a fact"

Fast food workers are making approx. $4 more an hour that equals $32 a day before taxes- if they are lucky enough to get an 8 hour shift. Meanwhile the meal has doubled in price. This minuscule raise did not cause inflation. Not at all. Workers certainly cant afford to eat at a fast food restaurant they work at even with their 20% discount.
The profits, salary ect. for major companies is readily available online. Most corporations are raking it in. All of them. Gleefully. 
Prices are likely still going up plus there is skimp/shrinkflation and an overall far lower quality of goods. We are being squeezed for every penny they can get out of us.
This is happening all over, not just in the U.S. Whenever I hear about equity as a global goal I understand that to mean more and more of us will have a lower quality of life, we (lmc - umc) will be more equally poor - not rise up together. [/quote]

Thank you for this.
Shareholders are demanding more. Private equity owns and runs everything.
And it's their kids buying the abercrombie shirts. Not normal joes. We are reaching a huge gap with the richest and they don't invest like the Rockefellers and Carnegie's of old. There is no greater good. They will need to set up their own compounds with their own security because the public systems that they won't invest in will fail everyone. [/quote]

This. Even as someone who is middle class in the DC area, we can not really afford to go out to eat or eat fast food except on special occasions.

Only the very rich will eventually be able to afford to live well if wages can't keep up with the cost of inflation. [/quote]

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