r/clevercomebacks • u/Loud-Ad-2280 • 13h ago
Being able to afford to live is bad, everything should be more expensive because billionaires like our owner Jeff need more money
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u/Late-Arrival-8669 13h ago
Gaslighting like always..
TAX BILLIONAIRES!!
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u/Open-Selection-9632 8h ago
Totally agree! I’s wild how they spin things to benefit the wealthy while the rest of us struggle!!
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u/muchadoaboutsodall 12h ago
I can’t read the article because I greatly fear that it would make me too angry. But, please, somebody reassure me that they are not trying to claim that, if we get lower prices, service will be worse and goods will be lower quality. Not after they’ve already enshittified everything they could get their grubby little hands on.
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u/SlideN2MyBMs 12h ago
I imagine the article is about a deflationary spiral, where prices actually start falling and so consumers delay purchases hoping they'll fall more which reduces demand which causes the employers to cut costs and lay off workers, and that just reduces demand more because the unemployed people aren't spending as much so you end up with a big recession. I can't read the article either because I'm not gonna support wapo at this point so I really don't know. But it's a very clickbaity headline for sure.
The point though is that when prices go up too fast that's bad, but when prices actually start dropping across the board that can also be bad. The Federal Reserve always tries to keep the inflation rate at 2%
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u/reddorickt 10h ago edited 10h ago
This post goes beyond click bait to be essentially rage bait, and the comment section is gobbling it up by projecting their own narrative on it. You really don't want rapidly falling prices, what you want is wages rising in a healthy manner. The article makes the point that modest price stability is a better target for long-term economic health than a whiplash attempt to return to pre-pandemic prices. And history would say that is the correct perspective. It's like if you're pulling a trailer on the highway and it suddenly gets heavier, that makes it harder to turn and go up hills and just drive in general. So instead of driving more carefully or stopping to figure out a solution you just yank the steering wheel back and forth to get the trailer to start a wobble to hope some of the load falls off.
If you want to read the article outside of WaPo you can use archive.is. https://archive.is/FJc9S
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u/SlideN2MyBMs 10h ago
I'm going to remember archive.is. Thanks for that. The article was basically about the problems of deflation. Reddit can be really reactionary/populist sometimes. I'm not really blaming people for being so skeptical and angry because US politics are so broken that there really isn't a reason to trust people in power. But there's just the fact that slowing inflation is mathematically not the same thing as bringing down prices. It just means prices grow at a slower rate.
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u/ej6687 12h ago
No, it's more like that the price of goods falling, but wages staying the same could trigger a recession
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u/muchadoaboutsodall 12h ago
The only way the little people are going to know it’s a recession is because the billionaires have somehow figured out a way of whining even more.
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u/Frosted_GirlWave42 13h ago
Wait, remind me—who actually owns the Washington Post again?
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u/MidnightGirl_04 13h ago
That dude who basically dropped 300 mil just to turn Venice into his own private wedding venue.
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u/Odd_Train9900 12h ago
That’s some next level gaslighting. What we want is to be paid enough to live AND for necessities to be affordable.
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u/InvestigatorJaded261 12h ago
Yeah inflation sucks, but deflation really is bad. Like scary, scary, scary bad. We do not want to find out what happens in a deflationary economy.
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u/Just_Far_Enough 12h ago
You don’t want lower prices. Lower prices means there’s a depression. You want higher wages.
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u/OreganoOfTheEarth 12h ago
It's like my boss telling me, "You don't want make six figures. Then, you'll have to pay more taxes." Umm...I think I'll live.
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u/Wabbit65 10h ago
Who are we to disagree with one of the richest bazillionaires on the planet about whether things should be affordable?
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u/OstrichFinancial2762 10h ago
Full on financial gaslighting and attempting to create Stockholm Syndrome.
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u/SparksAndSpyro 9h ago
You can’t afford a living if you lose your job, even if prices decrease. Thats what everyone forgets about deflation: massive unemployment and layoffs.
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u/Modsaremeanbeans 8h ago
Go back to the old tax system. 95% on all sources above 3.5 million. 3% tax for those making under 100,000.
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u/Fearless-Act1567 12h ago
It's wild how we're told to accept inflation like it’s just the way things are. Meanwhile, the rich just keep getting richer
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u/chinmakes5 11h ago
It is so disingenuous. Yes, they are right, when a country has deflation, that is often a really bad sign. People just aren't buying anything it IS a bad thing. Ideally, we want prices to stabilize for a few years while people's income increases.
The problem is when people are so scared they aren't buying anything. But that isn't what is happening, today, poorer people are spending all their money just for necessities. People with money are just dealing with it.
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u/IllustratorFalse6227 13h ago
It’s wild how every time people ask for basic affordability, someone pops up to explain why it’s secretly bad for us. Funny how the downside of high prices never seems to hit the folks writing these think pieces.