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A comment on Anyone else witnessing a panic inside NLP orgs of big tech companies?. Parent comment

Re:Anyone else witnessing a panic inside NLP orgs of big tec... by WalterBright on Thursday March 16, 2023 @05:36PM (#35189048)
> Based on numbers relating to workers’ diminishing share of profits, it seems to be that the capital class has been able to take a bigger piece of the profit pie without sharing.

Consider the elephant in the room:

https://www.federalbudgetinpictures.com/federal-spending-per...

Where does that money come from?

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Re:Anyone else witnessing a panic inside NLP orgs of big tec... by zamnos on Thursday March 16, 2023 @08:23PM (#35190949)
I was with that site until it compared the US budget to a household budget with a credit card. The average American family doesn't control the federal reserve or set interest rates and employs zero economists, so that seems like a dumb way to think about the problem.
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Re:Anyone else witnessing a panic inside NLP orgs of big tec... by all2 on Thursday March 16, 2023 @08:37PM (#35191077)
I'll note that the US government, by design, does not control the Fed. International bankers control the Fed.
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Re:Anyone else witnessing a panic inside NLP orgs of big tec... by WalterBright on Thursday March 16, 2023 @09:46PM (#35191794)
The Fed is appointed by the President. That's a heluva influence.
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Re:Anyone else witnessing a panic inside NLP orgs of big tec... by WalterBright on Thursday March 16, 2023 @09:14PM (#35191430)
The chart shows what happened to the money generated by increased productivity.

The government spent it.

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Re:Anyone else witnessing a panic inside NLP orgs of big tec... by B1FF_PSUVM on Thursday March 16, 2023 @08:26PM (#35190975)
Out of the "how much is left over the subsistence budget" that has been growing since the Industrial Revolution started?
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