• Neuromancer@lemm.ee
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    1 year ago

    I’ll admit I’m a high income earner. I’ve never had to watch watch what I spend but recently even I’ve noticed increases in everything.

    Groceries have doubled from what I paid in 2019. I buy almost the same thing every week and I compared.

    Dining out has become much more expensive. Places I used to consider a good value are now expensive.

    I ordered a basic meal the other day at a local place. A cheeseburger. Fries. Drink and my friend had a salad. It was almost 59 dollars. Six months ago it was around 30 dollars.

    So now I have to watch my spending as everything has increased

    • Jordan Lund@lemmy.one
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      1 year ago

      Dining out is CRAZY now.

      My wife and I were out and about last weekend and needed to eat so we hit a Burger King.

      Meals for 2, nothing crazy, was $30… at freaking BURGER KING. We don’t even have a sales tax here.

      • pjhenry1216@kbin.social
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        1 year ago

        Workers wanted an increase in pay, so shareholders needed to offset that by even more. Workers can’t get a raise without shareholders getting a raise.

        Inflation is majority driven by profit, not wages. Dems barely attack that angle. Republicans actively work against it.

          • SCB@lemmy.world
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            1 year ago

            Shareholders provide economic value (it’s literally in the name) and are not rent-seeking by definition

              • SCB@lemmy.world
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                1 year ago

                Shareholders are key investors and are the principal drivers of M&A and infrastructure investment.

                Disagreeing with the idea that companies exist to drive shareholder returns does not change the actual purpose of shareholders, nor suddenly cause them to be rent-seekers.

                • nednobbins@lemm.ee
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                  1 year ago

                  You brought an economics argument to a rage thread. OP isn’t making a technical claim when they say “rent seeking behavior”, they’re angry and using it as a synonym for “greedy people”.

                  • SCB@lemmy.world
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                    1 year ago

                    I don’t tilt at these windmills for the people arguing nonsense, but for people scrolling by.