Yeah, but you're forcing the issue...
Do you not think that the wage decline has anything to do with the corporate profit increase? Because money doesn't just disappear into thin air.
Wages go down, profits go up...and you can't make that connection?????
Or can you make that connection, you just don't want to because then you can't rely on your same old lazy scapegoats.
When I die, turn me into a brick and use me to cave in the skull of a fascist
PostmodernProphet (12-05-2022)
When I die, turn me into a brick and use me to cave in the skull of a fascist
The only reason the economy would slip into a recession at this point is if the Federal Reserve wills it.
So we heard a lot from people like Flash the last couple years about how the Fed was artificially inflating the economy through QE or whatever, but then suddenly people like Flash are silent or are even supportive of the Fed trying to engineer a recession because workers have too much leverage in the job market.
When I die, turn me into a brick and use me to cave in the skull of a fascist
It's hilarious to watch PMP being owned in his own thread. He is a loser.
Bottom line, wages have decreased ONLY with respect to inflation. In other words, the exact opposite of what the OP claimed.
depression
noun
de·pres·sion di-ˈpre-shən dē-
pluraldepressions
1
: an act of depressing or a state of being depressed: such as
a
: a state of feeling sad : low spirits : MELANCHOLY
specifically : a mood disorder that is marked by varying degrees of sadness, despair, and loneliness and that is typically accompanied by inactivity, guilt, loss of concentration, social withdrawal, sleep disturbances, and sometimes suicidal tendencies
see also CLINICAL DEPRESSION, MAJOR DEPRESSION, POSTPARTUM DEPRESSION
b
(1)
: a reduction in activity, amount, quality, or force
a depression in trade
(2)
biology : a lowering of physical or mental vitality or of functional activity
c
: a pressing down : LOWERING
a depression of the tab key
2
economics : a period of low general economic activity marked especially by rising levels of unemployment
heading towards a depression
periods of economic depression
3
: a place or part that is lower than the surrounding area : a depressed place or part : HOLLOW
The chicken pox left several depressions in her skin.
4
meteorology : LOW entry 2 sense 1b
a tropical depression
5
a
astronomy : the angular distance of a celestial object below the horizon
b
mathematics : the size of an angle of depression
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
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