This is what causes revolutions

Food prices went up nearly 21% last year, and have reached an all-time record.

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Gas prices are expected to hit all-time highs this week, and then keep going. Some are estimating that gas prices could rise another 50% from here.

Rents in some cities went up 40% last year, and are rising at the fastest rate ever.

Meanwhile, corporate profits are at all-time highs, while corporations plan to continue to hold down wages.

after-tax corporate profits actually reached record levels as a share of economic output, said the U.S. Commerce Department.
According to the Wall Street Journal, nearly two thirds of publicly traded companies had higher profit margins after the pandemic.
...As these large companies raise prices and the CPI shows a 7 percent increase, surveys from Salary.com and the Conference Board show that corporations are on average only planning to increase wages by 3 to 3.9 percent.

“Many companies we’ve spoken to have seen their overall payrolls barely budge at all,” Pollak said. “They’ve lost their most experienced, highest paid people and replaced them with a younger cohort,” due to pandemic-related retirements.

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What is the working class waiting for? For things to get better?

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8 users have voted.

down on thin ice)

Interesting as to how this plays out.

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lotlizard's picture

@humphrey  
and minister for the economy and climate protection in the new German pro-war, anti-Russia and anti-China coalition government.

The Greens’ platform in English as posted on their website:

https://cms.gruene.de/uploads/documents/20210311_Grundsatzprogramm_EN.pdf

They’re all in on ending sovereign nation-states in favor of a federal European superstate — a United States of Europe which, it goes without saying, would operate in the same fashion as Washington DC following World Economic Forum / Council on Foreign Relations / Atlantic Council plans and ideas.

Green in 2022 = surfing a neolib / neocon, globalist wave of young PMC (professional-managerial class) votes to power … small BIG is beautiful! As in one big borderless, frictionless global melting pot a.k.a. “free market” (shaking my head)

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philosophy what was good

@lotlizard

Only to co-opt it to further their agenda. It has happened in the US, Canada and now it seems to be happening in Germany.

It is unfortunate for the environment and mankind.

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lotlizard's picture

@humphrey  
and become a relay station for mainstream thought control efforts after 9/11: Mathias Bröckers

https://www.broeckers.com/

His perspective is typical of what the German Green party and the nominally left-Green daily newspaper taz.de started out as. Quite a contrast to the establishment voice and fount of conventional Washington / Western wisdom both have become.

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Missing from the bottom cartoon is the statement that said "NATO said that we would win"

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CB's picture

To Punish Russia The 'Liberal Order' Attempts To Suicide Itself
...
The 'west' had failed to understand Russia's need to act. It has failed to make the necessary commitments, and accept Russia's reasonable demands, to avoid the struggle. In consequence it will now fall apart. The knee-jerk reaction to Russia's 'special military operation' in Ukraine will, as Alastair Crooke writes, lead to the end of the 'liberal order':
...
High end German cars are build with aluminum from Russia. Boeing needs Russian titanium to build planes. These manufacturers will soon start to lay off people. All this while food, heating and mobility costs will increase dramatically. A deep recession combined with strong inflation will rip social cohesion apart. I do expect strong anger in the streets of Europe and the U.S. There will be riots and in consequence a strong political move to the right. The mid-term elections will destroy the Russophobic Democrats.
...
All the consequences of the 'west's' reaction to Russia's move were foreseeable. It is pure recklessness and stupidity that have allowed them to take place. The 'west' will now get punished for the bad movie it has launched.
...

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snoopydawg's picture

@CB

All those companies targeting Russia are just going to sacrifice their profits or has the government made a deal to bail them out? MasterCard and visa loaned people money but will they get it back after the war is over? Breach of contract agreement! McDonald’s isn’t going to serve millions of hamburgers to Russians? And what happens to the company’s property in Russia after they have cut ties with them? Will Russia just take them? Does anyone have any answers?

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ggersh's picture

@snoopydawg Load up on popcorn butter and salt and stay away from McD's

as for Visa/MC, I imagine Vlad might just give his fellow Russians
holding Visa/MC debt a debt jubilee.

The whole undertone to all of this worldwide is that the good ol
us of a will not honor anything, some rough sledding ahead until
Jeffersons call for revolution(peaceful of course NSA) occurs.

I've been wrong before ;-(

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I never knew that the term "Never Again" only pertained to
those born Jewish

"Antisemite used to be someone who didn't like Jews
now it's someone who Jews don't like"

Heard from Margaret Kimberley

@ggersh
Visa and Mastercards issued at Russian banks will continue to work in Russia. However, most Russians will convert immediately to Russian Mir (means world or peace) cards or convert to Union Card from China which are already integrated into Russia. Russia is quickly being deloused of all financial western blood suckers. The world is changing so fast that my head is spinning.

Russia's economy is extremely robust with manufacture/extraction of all of the basic commodities, energy, food, minerals, lumber, automobiles, trucks, aerospace, etc. The rest she can trade with China, Pakistan, India, Iran, Vietnam, most of the Far East, the Middle East, Africa, South America and Central America. Other than that she's in trouble??????

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Capitalism has always been the rule of the people by the oligarchs. You only have two choices, eliminate them or restrict their power.

CB's picture

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The Liberal Moonbat's picture

@CB I'm frankly surprised (in a good way, of course) YouTube is continuing to allow it to exist.

Reading what they're telling him, though...now THAT must be why the Neocons are so livid at Putin: He's being greeted as a liberator!

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In the Land of the Blind, the One-Eyed Man is declared mentally ill for describing colors.

Yes Virginia, there is a Global Banking Conspiracy!

I think there is a term where "I am willing to harm my interests just so long as you the opponent loses out also." I guess the cliched "cut off your nose to spite your face" might work maybe? Xenophobia and bigotry have won over rationality and attempts at diplomacy. I just saw some figures that hundreds of Swedish companies import and export goods to Russia. Sanctions will shut them down. Sweden from what I understand has been take over by unhinged Russophobia.

But what worries me is that instead of blaming domestic power centers and elites, the media will convince people they are not eating because of the Russians. And it will be acceptable to hurt the Russians by no fly zones, etc.

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