return2ozma@lemmy.world to News@lemmy.world · 1 day ago'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profitsfortune.comexternal-linkmessage-square32fedilinkarrow-up1459arrow-down16file-textcross-posted to: workreform@lemmy.worldaboringdystopia@lemmy.worldeconomics@lemmy.mleconomy@lemmy.worldusa@lemmy.ml
arrow-up1453arrow-down1external-link'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profitsfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 1 day agomessage-square32fedilinkfile-textcross-posted to: workreform@lemmy.worldaboringdystopia@lemmy.worldeconomics@lemmy.mleconomy@lemmy.worldusa@lemmy.ml
minus-squareDagwood222linkfedilinkarrow-up6arrow-down1·7 hours agoAnyone who owns a house is a millionaire. So we’ve got a tiny number of billionaires in charge. An ever dwindling number of millionaires desperately holding onto their small privilege An ever growing number of working poor who need two paychecks to live Sounds like Tsarist Russia, with no single royal family to execute.
minus-squarevithigar@lemmy.calinkfedilinkarrow-up2·5 hours agoAnyone? There are lots of houses worth less than $1,000,000. Sure, by the time a mortgage is paid off and you fully own the house yourself a person should also have some savings, but I certainly wouldn’t expect that to be universal.
Anyone who owns a house is a millionaire.
So we’ve got a tiny number of billionaires in charge.
An ever dwindling number of millionaires desperately holding onto their small privilege
An ever growing number of working poor who need two paychecks to live
Sounds like Tsarist Russia, with no single royal family to execute.
Anyone? There are lots of houses worth less than $1,000,000. Sure, by the time a mortgage is paid off and you fully own the house yourself a person should also have some savings, but I certainly wouldn’t expect that to be universal.