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this post was submitted on 14 Feb 2024
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If you're watching the big 401k line go up, it must seem strange to magically get 20% richer every year and see people complain about how they're feeling increasingly impoverished.
Poor is a phase you go through in college when you're living in student housing, dressing in sweat pants, and eating bowls of lukewarm ramen between classes. But then you graduate, work your way up through the New Hire program at your Fortune 500 company, get that first big five/six figure bonus check, and settle in as a 30-something with a proper labor aristocrat lifestyle.
Of course I grew up poor, but then I yanked hard on my bootstraps and now here I am!
Why didn't you get a position earning six figures as a mid-level accountant at an insurance adjustment firm? Must not have worked hard enough, clearly.
You're just mad because you weren't smart enough to invest during the downturn. Didn't you ever hear "buy low sell high"?
Christ, I still see people say this shit about Bitcoin. For so many reasons, it fills me with rage.
The crazy thing is half thenpeople amijg the argument aren't even actually raking it in.
But they've been conditioned just as much as the "temporarily embaressed millionaires" to think advocating for their continued exploitation is virtuous.
A nation of temporarily embarrassed millionaires.
But they think they're on the same team as the billionaire capitalists
Any time a fund in my 401 performs well it gets put on a list by the fund managers to get axed for some stupid reason. Can't have the plebs get a secure future nope nope nope. Gotta keep these "options" down to less than 5% growth.
Why are people not trusting the market news we put out the cover for the Administration? It's a mystery!