News for hackers. Stuff that matters.
Re:USPS is falsifying safety docs as its workers die of heat by paul_funyun on Friday October 13, 2023 @11:48PM (#37877924)
It's interest rates that are screwing the worker. When they say they're fighting inflation they mean wage 'inflation.' When wages go up working class people are more able to repay their loans without incurring penalties and interest, which isn't good for mortgage companies or banks. Don't confuse the two, the interests of capital and working people are necessarily at odds when it comes to interest rates.
Re:USPS is falsifying safety docs as its workers die of heat by samvega_ on Saturday October 14, 2023 @12:53AM (#37878177)
That's one of the contradictions of capitalism. As wages are pushed down, so does the ability to purchase the wares and services they produce. This also hurts the profits of companies.