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They keep raising prices, stating that it's due to inflation, but then they keep having record profits.

Meanwhile, the average American can barely afford rent or food nowadays.

What are we to do? Vote? I have been but that doesn't seem to do much since I'm just voting for a representative that makes the actual decisions.

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[-] CosmicCleric@lemmy.world 4 points 11 months ago* (last edited 11 months ago)

What is an average person living in the US supposed to do about corporations raising prices?

  1. Ask their boss for a raise.

  2. Switch jobs if they don't get the raise.

  3. If they can't switch jobs, go to school and get an education in a different career path, then go back to step one.

(On a side note, never stay at the same place more than a couple of years, always be changing and working on your career. It's the best way to gain more wealth, so you can handle companies raising prices better.)


And before you hate on me for expressing the above, just realize I'm stating what the realities are, I'm not the one who created Capitalism.

I personally believe in regulations, including the regulation of wealth, but unfortunately we as citizens don't seem to be able to elect people to office to pass those kind of laws.

I honestly wonder if FDR would be able to pass the 'New Deal' in today's environment.

For me personally? What's worked is being frugal in my spending, rewarding good companies with my monies.

It's allowed me to accumulate some amount of wealth over the years, and I'm doing my small part to help foster a better society.

No one person can make the change, but we all together can make the change.

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[-] jessca@lemmy.world 4 points 11 months ago

Prices aren't coming down. Our financial systems are built around inflation and drastic measures will be taken to fight deflation.

You can only reduce expenses so far. As purchasing power fell, steak was replaced with ground beef, and ground beef is getting replaced with beans and rice. What can replace beans and rice? Already, too many people are having sleep for dinner.

The answer is both simple and difficult: we need to get paid more.

[-] Sanctus@lemmy.world 3 points 11 months ago
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this post was submitted on 04 Jan 2024
629 points (96.9% liked)

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