47 points | by robtherobber a day ago ago
8 comments
This is ai slop from this slop from a few months ago: https://finance.yahoo.com/economy/articles/us-wages-plummet-...
[dupe] https://news.ycombinator.com/item?id=50238884
... while companies post record profits. we all know what is happening.
>... while companies post record profits
that's almost a truism if you factor in inflation.
They (from the cases I know at least) already posted record profits with a lower inflation rate.
That's not how inflation works? Even if inflation was "lower" (eg. 1%), prices are still going up.
It's inflation, right?
People are playing a wage strategy in a capitalist system and losing? What else did we expect?
This is ai slop from this slop from a few months ago: https://finance.yahoo.com/economy/articles/us-wages-plummet-...
[dupe] https://news.ycombinator.com/item?id=50238884
... while companies post record profits. we all know what is happening.
>... while companies post record profits
that's almost a truism if you factor in inflation.
They (from the cases I know at least) already posted record profits with a lower inflation rate.
That's not how inflation works? Even if inflation was "lower" (eg. 1%), prices are still going up.
It's inflation, right?
People are playing a wage strategy in a capitalist system and losing? What else did we expect?