corporate America just posted record profits this week. The stock market is at all time highs. If your paycheck didn't do the exact same thing, take a wild guess why. Their record margins are literal…

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• yenahmik@lemmy.world ⁨4⁩ ⁨days⁩ ago

  “Sorry, we just don’t have any budget for raises this year” - said literally every year since 2020

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  • MonkeMischief@lemmy.today ⁨3⁩ ⁨days⁩ ago

    Since 2008 I’d be guessing, honestly.

    …or the dotcom boom…

    Or like the 80’s…

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  • resipsaloquitur@lemmy.cafe ⁨3⁩ ⁨days⁩ ago

    Funny, they don’t say that during earnings calls.

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• HazardousBanjo@lemmy.world ⁨4⁩ ⁨days⁩ ago

  And dipshit boomers watching Fox News thinks this translates to more jobs, cheaper prices and higher wages, then will scream at you when you show them all the evidence to the contrary.

  The amount of MAGA dipshits I’ve seen online swear that groceries have never been cheaper, or that the gas prices that dwarf anything seen under Biden are “only slightly high” is absurd. These people cannot be respected as equal human beings.

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  • hoodles@lemmy.world ⁨4⁩ ⁨days⁩ ago

    How do we deal with this level of cognitive dissonance?

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    • HazardousBanjo@lemmy.world ⁨3⁩ ⁨days⁩ ago

      I see it as less tangible every day that it can be dealt with peacefully, tbth

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    • spacegoat@lemmy.world ⁨4⁩ ⁨days⁩ ago

      Camps

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• Dookieman12@piefed.social ⁨4⁩ ⁨days⁩ ago

  If you clock in in order to live, your new job is to cost your company as much money as possible.

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  • flandish@lemmy.world ⁨4⁩ ⁨days⁩ ago

    poop. at. work. every day.

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    • EastofEdson@piefed.ca ⁨4⁩ ⁨days⁩ ago

      This. I get an extra fifteen minute break every day.

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• mechoman444@lemmy.world ⁨4⁩ ⁨days⁩ ago

  I kid you not, the price of dumplings at the supermarket where I live went from $12 last year to $16 this year.

  Four dollars! That’s a 33% increase in the price of dumplings! What the hell happened that they suddenly need 33% more money per bag?

  Or take Dollar Tree turning into the $1.25 Tree—and sometimes even more! Some balloons cost five dollars at Dollar Tree. FIVE DOLLARS!

  At this point, some of these companies are just making shit up.

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  • mirshafie@europe.pub ⁨4⁩ ⁨days⁩ ago

    Well you see, as the price of energy goes up, the price of ingredients must go up. And so the price of processed food must go up, and then transport must go up to match. To counterbalance this, the price of rent must go up, and therefore the price of mobile data must go up. All of this accumulates into soaring prices of stocks, which proves that capitalism is the greatest.

    It really is this simple! But wages can not go up, because that would cause an inflationary death spiral.

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    • mechoman444@lemmy.world ⁨4⁩ ⁨days⁩ ago

      I sense sarcasm.

      But seriously, inflation went up like 8%. Not 33%!

      Then again inflation is just when they print more money.

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  • Polisheocket@lemmy.zip ⁨4⁩ ⁨days⁩ ago

    Dollar tree isn’t feasible anymore, they have to raise prices, or they’ll go under like dollar general

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• Doomsider@lemmy.world ⁨3⁩ ⁨days⁩ ago

  This is a bad thing. Stock buybacks are driving this round of stock market excess. Basically the wealthy are no longer betting on the future by investing money to grow business. Instead they are pumping up their stocks value so they can check out.

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• 1984@lemmy.today ⁨3⁩ ⁨days⁩ ago

  The stock market is almost always at all time highs, so what meaning does it have…

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• electric_nan@lemmy.ml ⁨3⁩ ⁨days⁩ ago

  It’s socialism or barbarism.

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