Every time the media talks about a "cost of living crisis," they frame it like a passing storm.
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@phocks the poor are the shock absorber for the rich. They want more poor people, to absorb more shocks.
I used to think there was a political solution, but there really isn't. Guillotines or GTFO
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks they gain off our pain.
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks Just housing alone is nuts. It's a big deal that minimum wage in some areas was raised but the cost of renting goes up more every year, erasing any benefit and then some. Buy a house? Are you nuts? Those prices have gone up even faster. In 1993 a one-bedroom apartment in Boston could be bought for $60k or less. Today that one-bedroom apartment is $600k or more. Every year working people fall farther behind. My entire fucking life has been "weathering it."
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks
Well said. -
Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks The real pain point is that these prices make the current "middle class" the poor so they can handle it longer, but the actual poor are now unsaveable. Prices will never really go back down from here on out because people are still, by and large, buying.
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
"If she gets to pick her judges, nothing you can do, folks. Although the Second Amendment people, maybe there is"
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
Right, we have had a "temporary" cost of living crisis my whole life.
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
Cost of living crisis, kind of like calling an ice age a crisis..
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks 你说的对
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks "The ratchet only turns one way."
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks I have come to believe that every blue collar job is being downgraded into a "secondary earner" wage.
"Hope you are married to someone who makes real money so you can afford kids and a house, because we aren't even paying you enough to live on your own in an apartment."
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@phocks I’m nearly 40 and I’ve been told for the last 20 years that we are in a cost of living crisis. As you have eluded to, when do we start to review the very economic system that perpetuates this ongoing crisis?
@dadpool We’re led to believe that the trickle-down effect works. Apparently, it does work—but only for the people who promote it: the rich.
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks I've known for years this was coming. That's why I didn't have children. I'm not sure if I'll be able to get out okay, but they'll never subject my innocent unborn kids to poverty and suffering. Checkmate.
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks not just people but governments too. The amount of borrowing most western governments have is drawing a massive proportion of your tax into the hands of the asset hoggers in the form of interest. Us pays about 88 billion per MONTH in interest alone.
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The Republican trickle down economy is Tinkle Down Economy. They are pissing on you.
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Every time the media talks about a "cost of living crisis," they frame it like a passing storm. We are told to just weather it.
But when the cost of basic survival skyrockets and wages stagnate, we are looking at a permanent, systemic downward shift in class. Wealth is actively being extracted upward into assets the rest of us do not own. People are being quietly squeezed into poverty while working full time. The baseline of a secure life is being dismantled, and our diminished quality of life is exactly how the top tier is securing their gains.
@phocks Can't keep weathering out storms if there's no time nor ability to rebuild between them, especially not if the tsunamis that come with them do more damage each time.
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@JugglingWithEggs @phocks
We have been conditioned to think that the current process of extraction and rent seeking is normal. We need to define a new normal, where the economy is designed to benefit all of society instead of the super rich.
Our media landscape lacks imagination however, unwilling to lift the veil. The vast majority of people just accept that they are in a rat race, and are looking for their chunk of cheese.@ewen @phocks @JugglingWithEggs Keep people just poor enough and getting by and they'll never look up because all their focus is just keeping their heads above water.
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@dartigen There is no legitimate reason that rent should increase 10% every year under stable ownership. The people who own my complex have raised my rent from $900/month in 2020 to $1300 in 2026. Why? Because they can. Their expenses are not 50% higher today than what they were five years ago. My income certainly isn't 50% higher. Yet here we are. I cannot move because all rents have risen the same amount, and based on income, I no longer "qualify" under income requirements to live anywhere.
