• birdwing@lemmy.blahaj.zone
      link
      fedilink
      arrow-up
      13
      ·
      edit-2
      5 days ago

      Meanwhile, the additional costs spared and their consequences for livehood:

      If you’re a normal/poor person: scraping by -> can’t even live paycheck to paycheck anymore

      If you’re somewhat affluent: okay -> scraping by

      If you’re a billionnaire: excellent -> excellent (nothing changes)

      To be part of the 1%, in the United States you’ll need about $USD 6 million. Though living off from money only (i.e. without wage labour) is already “achievable” by $2 million, you then make about $100k a year with a 5% interest if in stocks.

      All ye who are not part of the 1%, are the proletariat. Ye who depend on the oligarch have nothing to lose, but a world to gain.