The circle of life. Stores fail for complex reasons → retailer quietly posts accurate analysis of its own mistakes → retailer loudly posts press release blaming shoplifters and gangs → media likes …
This turning out to be true is unsurprising, but if it were, follow it to its logical conclusion and you would see large retailers lobbying the government to increase wages. Like, we live in a fucking police state, the problem is not that we’re suddenly an outlaw country, the problem is that people don’t make enough money or have enough safety nets to live. It’s the same with all of the “Americans feel bad about the economy even though the dow is up, why?” Well, because we can’t afford housing and groceries. Simple fucking problem.
Those stock indexes only show how the top corporations are doing. A company gets removed from the index if it performs poorly and is replaced by another company that has increasing stock price. The markets as it is displayed in media only show how corporations are doing. So basically the ruling class is selling economic performance to everyone else to keep people in line and their heads securely on their bodies.
I was looking at Bidens approval rating compared to other presidents on 538 and it’s crazy seeing the last time this really was so bad, aside from Trump, was the Great Depression…which says alot about the disconnect today spouting Dow successes but normal people struggling to stay afloat.
This turning out to be true is unsurprising, but if it were, follow it to its logical conclusion and you would see large retailers lobbying the government to increase wages. Like, we live in a fucking police state, the problem is not that we’re suddenly an outlaw country, the problem is that people don’t make enough money or have enough safety nets to live. It’s the same with all of the “Americans feel bad about the economy even though the dow is up, why?” Well, because we can’t afford housing and groceries. Simple fucking problem.
Those stock indexes only show how the top corporations are doing. A company gets removed from the index if it performs poorly and is replaced by another company that has increasing stock price. The markets as it is displayed in media only show how corporations are doing. So basically the ruling class is selling economic performance to everyone else to keep people in line and their heads securely on their bodies.
I was looking at Bidens approval rating compared to other presidents on 538 and it’s crazy seeing the last time this really was so bad, aside from Trump, was the Great Depression…which says alot about the disconnect today spouting Dow successes but normal people struggling to stay afloat.
No one is going to do that, because if the peasants have more then the nobility can’t mock them for being lesser.