• reddig33@lemmy.world
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    21 hours ago

    “Unexpectedly” — as in “We killed all the official government reporting about the economy because it was bad news.”

  • DeICEAmerica@lemmy.world
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    21 hours ago

    The 25 million millionaires in America are slowly but surely waking up to the fact that the now almost 1000 billionaires want everything they have, too. They are taking your small businesses and farms while buying up all available homes with cash offers.

    They are in their end game right now but still have millions of useful idiots doing their bidding against their best interests.

    • Broadfern@lemmy.world
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      18 hours ago

      Yeah it’s not the most pleasant pill to swallow but most millionaires are working class or small business, even if they look at their paycheck-to-paycheck peers with contempt and vice versa.

      Billionaires are in the stratosphere compared to everyone else’s wealth, and that plus their ability to outright buy governments is our problem.

      • Clent@lemmy.dbzer0.com
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        18 hours ago

        Um, aren’t you doing exactly what billionaires do by assuming everyone is in their same socioeconomic situation?

        Less than 10% of people over 45 have more than a million dollars and and most of those are married couples.

        • arcterus@piefed.blahaj.zone
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          15 hours ago

          Are you talking about people with like 10s or 100s of millions or are you including people with just 1 million? In a number of places, you basically cannot easily buy a house without something approaching 1 million (which is a problem itself).

          Also, I’ve seen this statement here several times now. Where is the line? 1 million is a pretty arbitrary value, so how many thousands is too much?

            • arcterus@piefed.blahaj.zone
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              13 hours ago

              Good luck I guess. Looking it up briefly gives US families having $1+ million net worth being in the 80th or 90th percentile (depending on the source), so somewhere between 1/5 and 1/10 families.

        • Fredthefishlord@lemmy.blahaj.zone
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          19 hours ago

          The only reason millionaires shouldn’t exist is to abolish capitalism, which while reasonable does not sound like what your only meaning is