Corporations pay stagnant wages, raise prices, funnel money out of the economy to shareholders who hoard wealth, and then get worried when there’s no one left who can buy their products?
Tell me again why we think C-Suite folks are smart?
Right, because they’ll get bailed out again and stay rich. That’s why.
It’s a god damn disgrace.
I’m sure someone will come around and tell me how complicated economics is and why we should trust business and industry leaders who went to school for this sort of thing, like basic pattern recognition and common sense couldn’t have predicted that people who can barely afford groceries would stop buying cars…
Corporations pay stagnant wages, raise prices, funnel money out of the economy to shareholders who hoard wealth, and then get worried when there’s no one left who can buy their products?
Tell me again why we think C-Suite folks are smart?
Right, because they’ll get bailed out again and stay rich. That’s why.
It’s a god damn disgrace.
I’m sure someone will come around and tell me how complicated economics is and why we should trust business and industry leaders who went to school for this sort of thing, like basic pattern recognition and common sense couldn’t have predicted that people who can barely afford groceries would stop buying cars…
Fuck.
Some weird fetiziation that financial accumen is somehow the ultimate mark of intelligence above all else.
Thanks the Omnibus Budget Reconciliation Act of 1993
Think you pretty much nailed it.