65%+ Americans don't have 500 bucks to their name. They are one car breakdown from deep shit.
They call it the American Dream because you have to be asleep to believe it. -- George Carlin
This is of course not true.
https://www.cbs19news.com/story/34248451/6-in-10-americans-d...
In reality, even most people in the bottom 20% of income have more than $500 in savings: https://www.valuepenguin.com/banking/average-savings-account...
Bye!
But I have it good so the system works! Yea sure, it’s really anout you. The selfishness, the lack of care for others is so ingrained.
If the majority of your country is dirt poor and has to work multiple jobs the system clearly doesn’t work.
Congratulations, Comrade. By your own logic, your original post must then be dismissed. Glory to the Soviet Science!
The irony is that many of them are actually part of this layoff reading this and still they don't agree with what is really happening.
The inevitable periodic 'crash' that is part of the capitalist system is a feature, not a bug. It helps suppress wages, keeps workers in their place. So I think you are right on the money.
So many more layoffs will be announced in the coming weeks. But remember: all companies will show (record) healthy profits none the less.
Even the hacker news crowd that lives lavishly and is mostly unharmed by all of this should not feel save at all, you are just as expendable as the anonymous warehouse worker or fast food person.
Speaking of which, the 100K+ tech worker has more in common with the average fast food or retail worker than the owning class: you are worker slaves that fear for their well-being if without work.
Unfortunately I'm afraid the HN crowd is just too comfortable to realise that capitalism is destroying everything, from freedom and autonomy to democracy to the environment.