tal@lemmy.today to News@lemmy.worldEnglish · 8 months agoAmericans cut back sharply on their spending last month amid tariffswww.cnn.comexternal-linkmessage-square18linkfedilinkarrow-up1197arrow-down11cross-posted to: economics@lemmy.world
arrow-up1196arrow-down1external-linkAmericans cut back sharply on their spending last month amid tariffswww.cnn.comtal@lemmy.today to News@lemmy.worldEnglish · 8 months agomessage-square18linkfedilinkcross-posted to: economics@lemmy.world
minus-squareVanilla_PuddinFudgelinkfedilinkEnglisharrow-up6·8 months agoTheir idea is that, on a long enough timeline of not having easy goods that we’d become slave labor,… slaver labor, anyway.
minus-squarechaosCruiser@futurology.todaylinkfedilinkEnglisharrow-up3·8 months agoOh, so consumers stop consuming, retail companies fire employees to maintain profitability, etc. Few rounds of that and you have even more poor people who can be exploited to maintain the wealth inequality or even widen the gap. Was that the idea?
minus-squareVanilla_PuddinFudgelinkfedilinkEnglisharrow-up6·8 months agoYep, sounds about right. "They’re trying to build a prison, for you and me to live in." ~System of a Down
Their idea is that, on a long enough timeline of not having easy goods that we’d become slave labor,… slaver labor, anyway.
Oh, so consumers stop consuming, retail companies fire employees to maintain profitability, etc. Few rounds of that and you have even more poor people who can be exploited to maintain the wealth inequality or even widen the gap. Was that the idea?
Yep, sounds about right.
"They’re trying to build a prison,
for you and me to live in."
~System of a Down