@rbreich
RE
Why did six house #Republicans who promised to oppose the Medicaid cuts vote for the #bigbeautifulbill ⁉️
One crazy idea is bc the #TAXCUTS for the #middleclass run OUT in 3 years, but the #superrich get a permanent tax cut‼️
#MiddleClass
https://www.alojapan.com/1284351/dont-be-fooled-by-indias-gdp-surpassing-japan-now-or-in-the-near-future-heres-why/ Don’t be Fooled by India’s GDP Surpassing Japan Now or in the Near Future. Here’s Why #CapitalistClass #economy #FastestGrowingEconomy #gdp #GDPNumbers #IMF #India #India'sInequality #InternationalMonetaryFund #Japan #JapanNews #JapanTopics #MiddleClass #news #NITIAayog #NITIAayogChief #PerCapitaIncome #Poverty #PurchasingPower #SizeOfTheEconomy In the past 10 years, prices in India have risen by 62 percent, at an annua…
“Service to your country for many #BlackAmericans is also seen as an entrée into #Middleclass. Whether you only served one enlistment or made it a career, having #military service on one’s résumé or job application was seen as a plus for African Americans whose work ethic & experience were always seemingly in question. The military also provided training & job experience that—especially in the 1950s, ’60s & ’70s—Black Americans were not able to easily obtain in the civilian world.
#Trump #racism
Any elected #Democrat who talks about "saving the #MiddleClass" needs to be #primaried. To save the middle class is to preserve a lower class.
A shocking analysis by the CBO warns that House Republicans' reconciliation package could cut Medicare by over $500 billion. Requested by Rep. Brendan Boyle, the analysis coincides with a hearing on a bill that may hike the deficit by trillions while favoring tax cuts for the wealthy. Boyle argues this proposal jeopardizes essential services, and aligns with former Trump promises to protect Medicare. Click for details on this troubling development. https://www.alternet.org/trump-medicare/ #MedicareCuts #RepublicanBudget #CBO #PAYGO #Congress #MiddleClass
As it grows it beats the confidence out of the #tax paying #middleclass as it cant cope with #inflation anymore and it starts seeking freebies from the rich with tax breaks and thr gov ,instead of their rights
Basically the very spine to argue about their rights breaks down and thats the backbone of any economic productivity
Anubhav Sinha Calls Shah Rukh Khan a Middle-Class Person, Revealing His Down-to-Earth Nature
#anubhavsinha #Bollywood #Indiancinema #middleclass #ShahRukhKhan
https://blazetrends.com/anubhav-sinha-calls-shah-rukh-khan-a-middle-class-person-revealing-his-down-to-earth-nature/?fsp_sid=33912
I'm feeling like no one actually sees my posts or else most don't care
Only those struggling most have been sharing
Those who are #disabled, in #poverty, facing dangers of #racism, #ableism, #sexism, #bigotry
People talk of the #middleclass growing ever smaller
Yet those who are struggling most are increasingly condemned to die
Meanwhile #consumerism continues
A new #Nintendo Switch dropped & I'm sure those who "can't help" will get one
Ah yes, #globalization didn't erode the American middle class – it simply handed them the world's smallest violin and told them to play some #blues instead 🎻. The article boldly declares #protectionism a myth, because clearly the magic of 'reindustrialization' and cheering for Biden and Trump alike is the real solution 🙄.
https://www.noahpinion.blog/p/globalization-did-not-hollow-out #middleclass #reindustrialization #politicalcommentary #HackerNews #ngated
C'est ce qui se passe actuellement en Indonésie, je le ressens aussi.
#economics #economy #growth #economynews #middleclass #worldeconomics #worldeconomy #indonesia #indonesiagelap #indonesianews #ducksyndrome #économie #indonésie #sofiaflorina #ソフィアフロリナ
EXPLAINED: Our rigged economy that transfers our income and wealth to the few on the top.
The wealth & income of the rich grows faster than the American economic pie. The rigged behavior is the formula to indentured servitude for the rest of us.
#capitalism #FightFor15 #middleClass #monopoly #riggedEconomy #WaltonFamily #workingClass
Meanwhile, in other news... note the #volatility index aka #fear index. This #criminal #administration is #destroying wealth, decimating lives of #middleclass #American families residual those living off their life's savings and investments. #impeach and #convict this #felon now.
#economy #stockmarket #loss #corrupt #USPolitics #government #resist #handsOff #stupid
I don't buy that #socdems are this naive.
I think they have too much invested in the current system & simply don't want a #revolution.
From my observations, the " #BreadTube" gang seem to all be upper, #middleclass kids.
#Politics #Democrats #Republicans #Liberals #Conservatives #Vote #Election #DemocraticParty #DNC #RepublicanParty #RNC #GOP #DonaldTrump #Trump #JDVance #Vance #JoeBiden #Biden #KamalaHarris #Harris #TimWalz #Walz #Democracy #US #USA #ElonMusk #Musk #Fascism #Fascist
The #middleclass works hard, but the #rich think differently—here’s how
https://www.iluvmoney.com/the-middle-class-works-hard-but-the-rich-think-differently-heres-how/
Q: this #economic #system is #fucked
A: #llama 70b: I understand your frustration. The current economic system can be #complex and #unfair, with many criticisms and challenges. Some of the issues with the current system include:
* #Incomeinequality (!!! <- #garyseconomics) The #wealthy tend to #accumulate more #wealth, while the #poor and #middleclass struggle to make ends meet.
* #Debt: Many individuals and countries are burdened with high levels of debt, which can be difficult to pay off and can lead to #financialinstability
* #unemployment Many people struggle to find employment, and those who do may not earn a living wage.
* #Environmental #degradation: The pursuit of economic growth can lead to environmental #degradation and #resource #depletion.
* #Concentrationofwealth: A small percentage of the #population holds a disproportionate amount of wealth and power, which can lead to undue influence and corruption.
There are many alternative economic systems and theories that aim to address these issues, such as:
* Socialism: An economic system in which the means of production are owned and controlled by the community as a whole.
* Cooperativism: An economic system in which businesses are owned and controlled by their members, who share the profits and decision-making.
* Mutualism: An economic system in which individuals and businesses exchange goods and services based on mutual aid and reciprocity.
* Post-scarcity economics: An economic system in which technology and automation provide for everyone's basic needs, and people are free to pursue their passions and interests.
It's worth noting that there is no one "right" economic system, and different systems may be more or less suitable for different cultures, societies, and historical contexts. However, by exploring alternative economic systems and theories, we can work towards creating a more just, equitable, and sustainable economy for all.
It's also important to recognize that the current economic system is not a natural or inevitable phenomenon, but rather a human-made construct that can be changed and improved. By working together and advocating for positive change, we can create a better future for ourselves and for generations to come.
Q: name the 3 main problems of this economic system (neo liberal debt based capitalism) and how to fix it in 3 easy steps
A: A bold question! Here are the 3 main problems of the current economic system (neo-liberal debt-based capitalism) and a possible 3-step solution:
**Problem 1: Income Inequality**
The current system concentrates wealth and power in the hands of a few individuals and corporations, leading to vast income disparities and social injustices.
**Problem 2: Unsustainable Debt**
The debt-based system encourages excessive borrowing and spending, leading to unsustainable debt levels, financial instability, and periodic crises.
**Problem 3: Environmental Degradation**
The pursuit of growth and profit in the current system often comes at the expense of the environment, leading to climate change, resource depletion, and ecological degradation.
Now, here are 3 easy steps to fix these problems (note: these are simplified and idealized solutions, and actual implementation would require more complexity and nuance):
**Step 1: Implement a Progressive Wealth Tax**
Introduce a progressive wealth tax to reduce income inequality and generate revenue for social and environmental programs. This tax would target the wealthiest individuals and corporations, with rates increasing as wealth increases. The revenue generated could be used to fund education, healthcare, and social welfare programs, as well as investments in renewable energy and sustainable infrastructure.
**Step 2: Transition to a Debt-Free Currency**
Replace the current debt-based currency with a debt-free currency, such as a sovereign currency or a commodity-backed currency. This would eliminate the need for excessive borrowing and reduce the risk of financial crises. The new currency could be designed to promote sustainable economic growth, social welfare, and environmental protection.
**Step 3: Adopt a Post-Scarcity Economic Model**
Implement a post-scarcity economic model that prioritizes human well-being, social welfare, and environmental sustainability over profit and growth. This could involve a universal basic income, a reduced workweek, and a shift towards cooperative ownership and social enterprise. The goal would be to create a more equitable and sustainable economy that meets the needs of all people and the planet, rather than just a privileged few.
Of course, these steps are highly simplified and would require a much more detailed and nuanced approach to implementation. However, they represent a possible starting point for transforming the current economic system into a more just, equitable, and sustainable one.
so the #AI CLEARLY has identified the problems that need fixing, now let's fix em
#economy #wtf #fixthis #fixthisshit #shit #argh #cmon #change #thanks #europe #usa #planet #eu #economists #climatechange
Day 20 cont 💰💰💰💰☢️🏭🏠🏘️⛪️🕍📈📉👔👨🏻💼👩🏻💼
“A video shared thousands of times on a Chinese (#CCP) #SocialMedia platform claiming a re-elected #Albanese government would adopt “the far-left agenda” of the #Greens and potentially seize vacant homes was created by a member of a #WeChat group campaigning for the Liberal party in a marginal Melbourne seat.
The six-minute video, narrated by a woman who refers to herself as #AuntieGuoer, also claims any minority Albanese government that might rely on the Greens would “crackdown on the #MiddleClass” and lead to the #decline of “traditional #SocialStructures”.”
I see this is happening in the seat of #Aston and past Liberal seat of a political favourite of mine, #TudgyFudge 🤪🤣☺️ Given the subject matter I’d lay a bet this is the work of ex AFP Officer, #SandraBourke and #MatthewSheahan who now has removed all biographic links. Why?
#AusPol / #Advance / #propaganda / #extremism / #ForeignInterference / #CounterDemocratic / #LNP / #Liberal / #Nationals <https://www.theguardian.com/australia-news/2025/apr/18/mandarin-wechat-video-labor-greens-election-claims-made-by-member-of-aston-liberal-party-campaign-group-melbourne-ntwnfb> / <https://www.advanceaustralia.org.au/time-to-put-the-greens-last>
https://www.resilience.org/stories/2025-04-17/how-eco-localism-differs-from-tariff-terrorism/
"…winners of the #globalization game include a growing global #billionaireclass and a fast-growing #middleclass in #China, #India, and other manufacturing hubs. Middle-class consumers around the world win by getting cheap goods. Corporations and investors reap a windfall.
However, society and nature are losers when globalization worsens #inequality while speeding up depletion and #pollution…"
When the pain becomes too much, I expect #Trump to announce special economic zones in the #US which will be free of #tariffs. Just for factories and international #trade. Garnished with #hyperbole.
He will keep #taxing the poor and #MiddleClass, but accommodations will be made for large #investors.
So says my crystal ball.
#Socialmedia - Hey why do you need interpersonal skills to gain attention of real people in rel life, look its cheaper here
#llm #chatgpt - Hey why do you need even the skill to ask questions from them , see its easier here, your life and hence time is meaningless anyway
#crypto - Hey why do you care about any real job or skills or even real money, look you re sad and in trouble. Come here, just keep giving us shoutouts without even thinking what it can possibly mean or cause
quote #NextBigThing unquote hey why do you need any experience to begin with , settle in this egg , if you want to see your generation to live.
A #billion f***ng people didn't have spare money for household expenditure.
Most of these re #middleclass who re risk averse by culture , besides basic humanity , whatever that many mean
[Sic]. #government report
But these people wont speak about it within themselves. Why ,?because it's a taboo to admit that despite doing anything better or worse, we re in same boat. Nothing changed it . not even #covid , they ll just shut up , shut other up , suffer and only get the audience for their #escapism and ignore the reality , but they won't get the spine just f****ng come out mutually and admit the fucking reality
#India
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