this post was submitted on 19 Jul 2023
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Economists everywhere are wondering how to deal with economic recession or even depression.
Everyone likes to blame workers asking for to much money when they are already being paid the minimum the company can get away with.
But there are countless examples where the company complains about workers and the company can't afford to pay .... while giving major bonuses to their already high paid management or more profit to their shareholders. Always ready to freely hand over money they already have to a few people who don't do anything for the actual business other than claim ownership and then complain that they have to share some of that wealth with the people who do all the actual work that make it all possible.
The economy is failing not because of poor people asking for more.
The economy is failing because the wealthy want everything and are never satisfied with the enormous wealth they already sit on.