tal to News@lemmy.worldEnglish · 1 day agoAmericans cut back sharply on their spending last month amid tariffswww.cnn.comexternal-linkmessage-square19linkfedilinkarrow-up1201arrow-down11cross-posted to: economics@lemmy.world
arrow-up1200arrow-down1external-linkAmericans cut back sharply on their spending last month amid tariffswww.cnn.comtal to News@lemmy.worldEnglish · 1 day agomessage-square19linkfedilinkcross-posted to: economics@lemmy.world
minus-squarechaosCruiser@futurology.todaylinkfedilinkEnglisharrow-up3·1 day agoOh, so consumers stop consuming, retail companies fire employees to maintain profitability, etc. Few rounds of that and you have even more poor people who can be exploited to maintain the wealth inequality or even widen the gap. Was that the idea?
minus-squareVanilla_PuddinFudge@infosec.publinkfedilinkEnglisharrow-up6·edit-21 day agoYep, sounds about right. "They’re trying to build a prison, for you and me to live in." ~System of a Down
Oh, so consumers stop consuming, retail companies fire employees to maintain profitability, etc. Few rounds of that and you have even more poor people who can be exploited to maintain the wealth inequality or even widen the gap. Was that the idea?
Yep, sounds about right.
"They’re trying to build a prison,
for you and me to live in."
~System of a Down