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submitted 2 years ago by kpw@kbin.social to c/news@lemmy.world

Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

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Real question is what the fuck am I supposed to do about it?
Burning the place down hardly helps and our elected officials don't give much of a shit, at least around here.
I'm well paid, so it doesn't matter too much for my family just yet, but there are people for whom this means food insecurity.
I'm still pissed though, because I think people deserve to eat.

One thing is... it's expensive to save money.
Buying in bulk isn't as bad, but someone living paycheck to paycheck can't afford that.
I have a vacuum machine, the space to store things, freezers, etc.
I can spend more money upfront to save on food in the long run, but not everyone can do this and it hits them even harder.

[-] reversebananimals@lemmy.world 74 points 2 years ago

You're describing the poverty trap. Its very real. I'm wealthy now as well, but I remember a time when I took the subway 90 mins round trip to my job, and the fare cost almost an hour's pay. So I'd put in 9.5 hours to work an 8 hour shift and my takehome pay was for 7 hours.

[-] Vqhm@lemmy.world 9 points 2 years ago* (last edited 2 years ago)

Yea, the grind is becoming impossible though. My old man worked a summer job and could afford university all year on that.

After joining the military for the GI Bill, finishing that commitment, I worked in IT to keep us afloat while my wife went to university.

I left at 5AM for work, worked as much OT as I could, after work instead of sitting in traffic or stuffing on the train like sardines I studied, did all my IT certs, and left work at 7pm. The weekends I worked a second job doing IT. All through university I worked IT on nights and weekends.

The grind you have to do to reach "middle" class is becoming: come from money to afford college, or go into debt for life for uni, or work nonstop always.

How can people take care of kids, family?

[-] Drusas@kbin.social 19 points 2 years ago

Yeah, but the temptation to burn the place down is really smoldering.

this post was submitted on 09 Dec 2023
689 points (98.9% liked)

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