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applegrove

(133,102 posts)
Tue May 6, 2025, 08:50 PM May 2025

Housing: 225% increase. Wage: 18% increase. This is not sustainable!!! ORGANIZE, ORGANIZE, ORGANIZE The millionaires

Housing: 225% increase.
Wage: 18% increase.

This is not sustainable!!!

ORGANIZE, ORGANIZE, ORGANIZE

The millionaires in power and their billionaire donors won’t fix these problems for us.

Fight For A Union (@fightforaunion.bsky.social) 2025-05-06T16:08:41.774Z


(Since 1999)
Housing: 225% increase.
Wage: 18% increase.

This is not sustainable!!!

ORGANIZE, ORGANIZE, ORGANIZE

The millionaires in power and their billionaire donors won’t fix these problems for us.
5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Housing: 225% increase. Wage: 18% increase. This is not sustainable!!! ORGANIZE, ORGANIZE, ORGANIZE The millionaires (Original Post) applegrove May 2025 OP
I learned a new word today...plutocide. pecosbob May 2025 #1
Yeah. Like there is too much money chasing too few applegrove May 2025 #3
My sister's apartment single bedroom 600 sq feet is 1450 Tribetime May 2025 #2
Wow. My 1 BDRoom has gone up by only $150 in 17 years. applegrove May 2025 #4
When she told me I was floored I had to sign for her to get the apartment years ago Tribetime May 2025 #5

applegrove

(133,102 posts)
3. Yeah. Like there is too much money chasing too few
Tue May 6, 2025, 09:26 PM
May 2025

opportunities as it stands. That's why there are stock buybacks. That money to the wealthy goes to rich people who put it into private equity or hedge funds. They in turn go into industries, try and create monopoly power and raise prices for that industry. Look at real estate or rental units. It used to be that market was about the tenants and renters needs. Now rent is so high people take much longer to get a down payment on their first house together, if they can even afford it. So the market is gummed up and overpriced. Look at the gouging in pharmaceuticals. And on and on. If all giving rich people more money is just going to result more warped sectors of the economy why would you be pushing for tax cuts for the rich or getting rid of income tax (Trump has mused about that and that is what is behind increasing tariffs policy of the White House). I mean the education system used to give a good education and pay middle class salaries. Now charter schools are ****, the jobs pay **** but the rich profit on it and can indoctrinate the next generation. What industry is to be warped next so that it no longer purrs along creating middle class?

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