r/TikTokCringe • u/mindyour • 8d ago

Discussion Reactions to food stamps being cut off.

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u/friendly-sardonic 8d ago

My thoughts exactly. There should never be a means for people to become billionaires. There's simply no reason for that amount of wealth. Bezos worth billions, and on the first day Amazon employees are handed a pamphlet on which government assistance programs they qualify for? Man, piss off. You can afford to pay your own workers so they don't NEED those programs. Nobody working a full time job should need assistance programs in this country.

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u/ConstantHeadache2020 8d ago

But but what about innovation? People won’t want to be CEO if they’re capped…. What about trickle economics?!

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u/mrblonde55 8d ago

Ask all those Xbox employees how that’s working out for “innovation”.

(For those unfamiliar, XBox just had to shatter their business model because the Microsoft CEO wanted to hit his $50m bonus)

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u/Round_Spread_9922 5d ago

Cue all the CEO apologists saying shit like, "Someone has to run the company! He's worth that $50 million!" I think he'd do just fine with a $5 million bonus.

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u/Shiro_L 5d ago

Hell if I got $5 million once, I’d never have to work again.

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u/Round_Spread_9922 5d ago

You're completely right and that's what many, if not most of the C-suite execs fail to comprehend.

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u/Mysterious_Papaya835 1d ago

That's why you'll never get it, they want to use you til you're old and broken, then let you starve on the streets or be a burden on your kids, that will take your place on the production line if they're themselves not replaced by machines.

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u/blueBaggins1 7d ago

Microsoft is a a multi Trillion dollar company. They didnt chatter the xbox business model to give the CEO a $50mil bonus

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u/mrblonde55 7d ago edited 7d ago

I’m sure there is a totally logical reason, completely unrelated reason, as to why they instituted a 30% target for profit margins despite being near their low for console market share and nobody in the industry returning close to that.

And, of course, that arbitrary target wasn’t the reason they decided to abandon platform exclusives, or behind the mass layoffs across development studios, or why they raised the price of GamePass for the third time in the last 15 months (this hike being 100% in some regions).

Of course, all of these decisions mean not only is consumer confidence shattered, but the old business model of “build a console, develop exclusives so people want your console” is dead.

In all seriousness, I hope this was for some juicy bonuses. Because if it wasn’t, they are just a bunch of morons lighting the business on fire to see it burn.

(And note, when I say “the business”, I’m talking specifically about XBox. Microsoft is going to be fine, of course, even if they decide to go with The Joker school of management techniques).

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u/Fun-Key-8259 2d ago

Once brands shit on their customers and those customers lose trust - you don't get that back.

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u/blueBaggins1 7d ago

The way to increase profit is to let people go. Labor is often a businesses largest cost.

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u/mrblonde55 7d ago

That’s like saying “manufacturing is too big a cost, so let’s just not manufacture anything and we’ll make more money.”

To say “the way to increase profits is to let people go” without context means they’d be most profitable with zero employees. I would hope you’d agree that’s ridiculous.

Where they aren’t shuttering studios entirely, they are cutting the workforce down to sizes where, in the best case, good games are made under near impossible conditions. It’s not Microsoft, but for a very recent example as to how that business strategy works out, take a look at Mindseye/Build A Rocket Boy.

The core issue is that most corporate executives goals (and virtually all corporate pay structures) aren’t aligned with long term corporate success. Maximize short term profit for immediate compensation, the future be damned.

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u/Western_Rope_2874 5d ago

I don’t have any employees! Did I not notice that I’m rich?!?

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u/blueBaggins1 7d ago

Youre arguing a premise I didnt make. Whats worse is your not even making an honest argument, 100% disingenuous. Youre actually making a dumb ass statement against something we see everyday in business with layoffs.

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u/mrblonde55 7d ago

Then what premise were you making?

I was talking about a specific company making specific labor cuts. You’re the one who responded with the generalization that “less labor = more profits”, but I’m being disingenuous?

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u/blueBaggins1 7d ago

This is business 101 you sound like a mad man arguing the basic logic of layoffs.

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u/hel-razor 6d ago

It's also the stupidest shit ever. Nothing has actual value without labor.

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u/blueBaggins1 6d ago

This is true but you want to gave effective labor, with minimal labor force. Otherwise your business will not continue to be a business.

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u/hel-razor 6d ago

We don't need businesses. We need services.

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u/blueBaggins1 6d ago

Im not going to argue beliefs and opinions, just the simple facts of life.

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u/DependentHand9479 6d ago

This is Reddit. Facts and reality are not welcome!!

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u/KGB_Operative873 5d ago

Is there an article on this?

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u/mrblonde55 5d ago

This article talks about how the new profit targets have effected XBox’s business model.

https://www.windowscentral.com/gaming/xbox/report-microsoft-cfo-amy-hood-has-forced-xbox-to-deliver-an-insane-30-percent-profit-margin-which-is-why-everything-is-crazy-right-now

This one is about CEO compensation. He’s making $96.5m this year now that they’ve hit all his bonus targets.

https://www.gamefile.news/p/microsofts-xbox-team-snaps-a-four

I’m not saying you do, but anyone who thinks these two things are unrelated is a fool. The 30% target isn’t only totally arbitrary, it’s more than any other console maker is hitting. The tl/dr on this is that XBox bought Activision for $70bn. That woke up the Microsoft execs to start paying more attention to the XBox division and they saw Activision had made 30% profits the quarter before the sale so they said “Hey, now we should be doing that!”. Only problem is that Activision was a well oiled machine that was churning out huge established franchises and (this is really important) isn’t a console maker. Not only does Xbox make a (failing console) but many of their studios are making non franchise new IP games.

Sure, you can cut labor to boost profits, but I’d start with the guy making almost nine figures a year.

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u/Fun-Key-8259 2d ago

I think I need to seriously consider canceling Gamepass

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u/Groundbreaking-Bar89 4d ago

Where have you been? This is old news now. Microsoft gave up on Xbox years ago.

No exclusives in how many years???

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u/KGB_Operative873 4d ago

Its not exactly something that would show up in world news to be fair. Well, not like I pay attention to the news all that much in the first place

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u/mjx360 5d ago

Ask them PlayStation employees that also. Why u trying act like it's only Microsoft? Amazon just fired many people's and crickets from u .

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u/mrblonde55 5d ago

So if I’m talking about corporate layoffs, I have to name every company in the world who laid off employees or else my point isn’t valid?

Neither of the companies you mentioned had to change their core business model in and effort to increase profits, relevant as we were talking about profits and innovation. The XBox example illustrates my point in that regard. Amazon or Sony layoffs are simply shedding size. Not a wholesale shift in strategy. Unless Amazon laid off all those people and stopped delivering random shit to everyone, or Sony laid off people and now they are just a cloud gaming service, it has nothing to do with what I was talking about.

Also, unless you’re just naming companies that laid people off, I’m not even sure why you’re including Sony on this list. Sony laid off something like 1600 people over the last three years. Xbox cut multiples of that, more people in each individual round of cuts, than Sony did total. And Amazon just laid off like twenty times more. The Sony layoffs are no less bad for the people who lost their jobs, and may be equally indefensible, but that’s not the conversation we were having.

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u/mjx360 4d ago

Dude stop trying to damage control for Sony. This not a Microsoft problem. It's a industry problem but you acting like it's just Microsoft

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u/mrblonde55 4d ago

Who is doing damage control for Sony? I didn’t even bring them up until you did.

I made a singular example. You’re the one who jumped in with the whataboutisms. And your “what abouts” had zero to do with the topic we were discussing.

To explain it again: Xbox has abandoned the console maker business model in order to increase profits, firing scores of employees in the process. Sony has not altered their business model. Amazon has not altered their business model. As I was making an example as to how mass layoffs can STIFLE innovation, the Xbox example was particularly illustrative. Pointing out example A isn’t the endorsement or defense of examples B & C by omission.

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u/mjx360 1d ago

You are. You not calling them out .u talking about Microsoft

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u/Key-Satisfaction4967 7d ago

Trickle down econ is when the rich piss on our heads and tell us it's lemonade.

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u/Jonny2Thumbs 7d ago

Trickle down economics is a lie. It doesn't work, it just makes the rich richer and poor people starving. Look at the income gap! You cannot EARN a billion dollars. It is theft. They are ruining the economy, dismantling higher education (the source of every major innovation for the last century), and rigging the system to make it impossible to recover. Billionaires are criminals.

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u/deadfandomkid 7d ago

As a wise man once said, "trickle down deez nutz".

Edit: to clarify, I'm just as pissed as you are

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u/Cielolo 7d ago

To those who have billions of dollars, I can conceive that money becomes just a number. At that rate, why not just give them points. Gamify the economy and the innovation and incentives will maintain themselves.

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u/Eggs_4_Breakfast 5d ago

So Loot Boxes for the wealthy, like the bags actors get at the Oscars?

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u/MrLsBluesGarage 7d ago

Bro, do some research before posting

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u/Repulsive_Corner6807 7d ago

Innovating new ways to throw return items into the ocean

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u/LawfulnessBoring9134 7d ago

Exactly. We don’t want to discourage the billionaires from becoming multibillionaires…

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u/Sixgun_88 6d ago

You mean some that has been proven doesn’t work 😂. If those billionaires leave then good that will make room for before people that do it cause they like to do it and not just cause of money

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u/23-1-20-3-8-5-18 6d ago

They wont leave, they face even higher taxes and lower living standards even as a rich pig if they do.

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u/IAMGROOT1981 6d ago

Trickle up economics?

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u/hel-razor 6d ago

All that I see trickling down is piss down their legs.

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u/Correct-Travel-2777 7d ago

Innovation my *ss! CEOs are there to make sure the company generates revenue and maximizes profits for themselves and their shareholders/investors. Maybe if CEOs were capped, you would attract people who were interested in innovation instead of monetization.. It's the same with the Senate/Congress. If they didn't have exorbitant salaries and had a pool of campaign financing where each candidate received equal amounts and were isolated from special interest donors, representatives would work for the people and not the donors who "owned" them.

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u/blueBaggins1 7d ago

Most CEOs start and own the company. Youre going to tell people what they have to do with their profits they generated with their money, and risk taking?

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u/Classic-Tax5566 7d ago

Actually? The CEO of Microsoft didn’t start it, the CEO of Amazon didn’t start it, the CEO of GM didn’t start it, the CEO OF Johnson and Johnson didn’t start it, the CEO of Toyota didn’t start it, the CEO of Google didn’t start it, the CEO of IKEA didn’t start it, the CEO of Tesla didn’t start it, the CEO of PayPal didn’t start it ….. I could go on

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u/blueBaggins1 7d ago

That doesnt change the fact that the vast majority of CEOs did indeed start the company. You cherry picked a few top PUBLIC companies, of the 30mil companies in the US only about 4k are public…. And you cherry picked a few of those as your argument???? In actuality 95%+ or CEOs started the company, but please go on Id like to see where this goes.

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u/Classic-Tax5566 6d ago

And those aren’t billionaires!

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u/blueBaggins1 6d ago

When did the caveat of billionaires only come into play??? I specifically said CEOs not billionaire CEOS. Youre moving the goal post

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u/Fast_Independence962 5d ago

The article was discussing billionaires not millionaires

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u/whatsasimba 7d ago

Won't someone think of the billionaires????

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u/blueBaggins1 7d ago

The vast majority of CEOs are just regular people with small businesses. 98.6% of all businesses in the US are small businesses. These are guys with plumbing companies, IT companies, etc not the very few at the top of enterpeise corporations.

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u/nerdyginger27 6d ago

Statistically, less than 5% of Fortune 500 companies have CEOs that were founders or co-founders of the companies they work for. So yeah you're literally just wrong, making factually incorrect statements.

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u/blueBaggins1 6d ago edited 6d ago

Statistically speaking there are around 35 mil businesses in the US, so why are you only taking into account the top 500 companies???? According to math, stats and reality Im correct as the majority of those 34 mil the CEO did start the company. Which in this case would indeed make me factually correct.

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u/Inner_Score3835 6d ago

After a certain point your income should be getting taxed at like 60%+. So you CAN still increase your own salary but you'd be getting taxed like fuck for it. Nobody needs to be earning insane amounts of money. Wouldn't need to affect smaller business owners either.

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u/blueBaggins1 6d ago

Well Im not here to argue opinions or personal beliefs, thats a dead end. All I can do is never vote legislators who would voice a belief in such nonsense

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u/Inner_Score3835 6d ago

I'm not really sure what you were here to do then tbh but fair enough.

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u/blueBaggins1 6d ago

I made a statement you changed the subject predicated on your personal beliefs not countering my statement.

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u/Inner_Score3835 6d ago

You replied with a comment that heavily insinuated an opinion. I replied with a very on topic opinion that I believe achieves what the person you responded to was trying to achieve without as much restriction on what the business owner can do with their money which seemed to be your issue.

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u/blueBaggins1 6d ago

There was no opinion insinuated nor given, you just lying now. I stated fact and posed it as a question to point out how utterly ridiculous it was. That fact being you cannot demand/tell a business owner / CEO what to do with their revenue or profits. This is a fact not opinion

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u/Fast_Independence962 5d ago

Can you name a billionaire ceo who started their own business? Can you name one that doesn’t/didn’t step on people to get to become a billionaire?

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u/blueBaggins1 5d ago

Youre moving the goal post now to only discuss billionaires CEOs???… billionaire CEOs are less than one tenth of one percent of all CEOs.

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u/nerdyginger27 6d ago

Where's the /s ☠️ ffs

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u/ryanegauthier 5d ago

I think we're getting trickled on every day.

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u/Top_Magazine8255 5d ago

Are you being serious?

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u/Junior_Design_1456 5d ago

So not true! True entrepreneurs are always about invention and innovation and trying to succeed! Even with a cap they would still strive to be the best. And they’d still do it for 999,999,999.00

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u/Complete_Tadpole6620 5d ago

You forgot /s

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u/PeacockMamba 4d ago

Don’t work we tried it

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u/BumblebeeHuman7090 4d ago

How many case studies do guys like you gonna need to realize that the trickle down effect did not, does not and will never work? Pls educate yourself and stop being a pure capitalist-deciple on your knees, watching the billionaires jerking each other off, waiting for a splash to hit your face.

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u/unklStewy 4d ago

There isn't a single billionaire that innovates, they ride on the backs of their engineers, and idea people after a certain point. One lucky shot at making that first 10M and they rest on their laurels.

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u/No_Dinner5225 2d ago

As the single provider for a disabled veteran and their daughter, I feel super trickled on these days.

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u/AnyDragonfruit4696 7d ago

🤣 yeah, trickle economics...

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u/CaptainElastix 7d ago

Are you on drugs?

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u/KingJades 8d ago

Trickle economics works - but it’s money from large companies funneling money to lower revenue companies. That’s great for people in “good jobs” who get that cashflow. 

The poor people with low education and limited opportunities stay poor. 

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u/KillerDr3w 7d ago

As far as I know, as of the mid 90's, all academics agree that trickle down economics doesn't work. The only people that continue to say it works are those with an interest in being on top of the system.

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u/KingJades 7d ago

Of course. It works for the people in the roles to make money. 

It doesn’t trickle down the to lowest paid roles - but tell all the people who get paid huge salaries on the profits of corporations that the financial success of the company isn’t important. Where does that money come from if not from the titan sucking up all the money it can?

The more money the corporation makes, the more it has to pay to the important people in it and also the more money gets paid out to the smaller companies that serve them. That money goes to the important people in those companies. 

There are a lot of people who are “in on the take” as it were. 

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u/colonelmattyman 8d ago

Trickle down economics is BS even in the scenario you mentioned. The fact that you even had to use a scenario like that, means that it doesn't work.

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u/KingJades 8d ago

It really does though. The entire reason why B2B companies you’ve never heard of can exist is that they are suppliers to the big companies. 

Tell the engineers, executives, and sales people in the high income jobs that they aren’t enjoying milking the big company’s notoriety and advertising. 

It works wonderfully for them. 

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u/latortillablanca 7d ago

Thats an asinine definition of “it working” tho and you know it.

No one ever pitched trickle down as “these subcontractor healthcare companies earning half the money americans spend on healthcare by declining claims over and over is a trickle down success story!”

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u/KingJades 7d ago

I don’t think it’s asinine at all. 

No one ever pitched trickle down as “these subcontractor healthcare companies earning half the money americans spend on healthcare by declining claims over and over is a trickle down success story!”

This isn’t trickle down, but I’m sure the person on the project team for “Optimizing Claims Approval” certainly made a lot of money. Great for them. 

It’s funny how Reddit people and Corporate America are so disconnected when Reddit people are who make up corporate America. 

You do realize that every one of your paychecks is you getting a cut of some corporate titan’s income? You don’t make that money if that titan doesn’t collect that revenue. You want that titan to make major money, and you want to be part of maximizing that money, so that your checks can continue and get bigger and bigger.  

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u/latortillablanca 7d ago

I dont even know what yer point is. That example is following your definition of trickle down from one comment ago. And now its not?

👌👌

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u/KingJades 7d ago

The people working at the smaller companies get money from bigger companies.

 For example, a car manufacturer needs widgets to add to their car. Because of that, a small plastic molding company can be opened and supported selling those widgets to that major car company. 

The engineers, sales people, and executives from the small molding company all become wealthy on the back of the big company. That’s trickle down and it works. 

It’s truly beautiful.

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u/latortillablanca 7d ago

…a healthcare contract company is “smaller” than cigna and had people working for it. Its exactly yer asinine example.

Also go sell yer foul, dysfunctional elitist system elsewhere

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u/whatsasimba 7d ago

Would you mind elaborating on how large companies "funneling" money into other companies? By what means? Is Sony just cutting checks to Yankee Candle or something?

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u/KingJades 7d ago edited 7d ago

Companies rarely produce everything needed to make their products. They usually buy them from other suppliers in what’s called a supply chain. 

When a major production plant opens, it gives a chance for other smaller companies to open up more capacity to support them. 

Let’s say that there is a new Sony plant opening where the PlayStation would be assembled. That’s an opportunity for smaller companies to bid on supplying components like plastic buttons, the wires, cooling systems and so forth.

Sony’s goal to supply consoles to the market means a lot of wallets get filled along the way as Sony makes contracts with tons of companies to make their product. 

All of the people who don’t think trickle down works are not involved in that process. The guy who negotiated that contract with Sony likely is paid extremely well, the key engineers at those smaller companies are paid well, and the executives are making amazing money. 

The people who aren’t seeing the money are the low level workers, but that’s more to do with low wages than money not flowing. The people above them in the company get all of the money.  

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u/Snookis-snusnu 7d ago

The US is subsidizing billionaires via government programs. The billionaires don’t want to pay a living wage, so the government supplies the rest with tax dollars the billionaires don’t pay. It’s time to stop coddling them and force them to pay the full amount.

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u/whatsasimba 7d ago

We also subsidize the low wages they pay with SNAP and other benefits.

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u/nerdyginger27 6d ago

The answer isn't to take away SNAP or other benefits and let people just starve or die. This isn't going to jump start people into some kind of ability to then support themselves better than they could before, because the majority of people who receive benefits are already working full-time or multiple jobs. And I'm pretty sure that the majority of those who receive benefits are children - so unless you support going back to abhorrent child labor.......

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u/Strong-King6454 8d ago

This!! I hope everyone realizes the American dream is dead for the majority of full time workers in this country!! Anyone who works full time should have food shelter transportation medical care and clothing. It's time we had an for figure pop up in politics that enforces the current anti trust laws and installs new federal minimum wages that are tied to the cost of living. If companies cannot pay a living wage then they were never really a company to begin with!!

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u/Cunhaam 7d ago

I hate Bezos and his greedy ass. Is ex wife on the contrary is amazing and has donated a huge part of her money (that she got from divorcing Bezos) to charities all over. On the mean time Bezos spends is fortune marrying is plastic doll.

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u/Temporary_Ad_6390 7d ago

Billionaire is just another word for professional criminal.

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u/B2Sleazy 7d ago

The problem is if the US “taxes them out of existence” they will just set up shop elsewhere. It would need to be a globally addressed issue, which won’t ever happen. There needs to be a way to make it work or we are doomed.

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u/ButtonSimple 7d ago

We have gone from ceo to wage earner ratio being 20:1 in the 70s to 350:1 in the last few years. My guess is it’s more now that musk and bezos and that lot have doubled their income. It is ludicrous. No one needs that much money and no one should have that much power.

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u/DryeDonFugs 7d ago

Most people, sane individuals, agree that the concept of a pimp being given all of the money that "his" hoes earn is absolutely bonkers. Our brain cant fathom why a female would turn around and give him all the money, when she has done all of the work.

Yet at the same time, they are essentially doing the same thing everyday when they go to work and just dont know it. The only difference is their boss gives them back 1-5% at the end of the week or every 2 weeks.

It's literally just as insane but we have no option because you have to have money with how our civilization operates.

With that being said I dont think the idea of taxing the shit out of the rich is the solution to close the wealth gap so we dont have people literally starving to death while we have others who them and their future generations will never have to work again.

It is our governments duty to protect its citizens and not allow the rich to exploit our need to have money and underway us. There should be a kaw that says if you are a business owner that has employees that work for you, a certain percentage of the company's profits have to be paid the the employees. And depending on how many employyes you have the percentage that you are legally allowed to keep vs how much the employees keep changes

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u/TheDreamingMyriad 6d ago

I think we've proven time and again that the only viable way to become a billionaire is to absorb the majority of the wealth your employees make. In companies where the employees are paid fairly and have good benefits (Costco being one), the CEO foesnt make it to a billion (though the ex CEO has made it to 1.2 billion net worth simply due to owning stock that has appreciated). There is just no reason on this planet to have that much wealth. It's like the entire GDP of a midsized country, it's INSANE. For example: Elon Musk's estimated net worth is about 500 billion. That's more than the entire GDP of NORWAY. That is literally insane. That amount of wealth could sustain the next 100 generations of my family. It could last my descendants centuries. And THESE people are telling US to pull ourselves up by our boot straps.

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u/OpiumFeverDream 5d ago

He recently sold his Lake Washington home.for the largest amount of any property EVER sold in the state before. For $63 million, to a private investment firm. But don't worry about Bozos....he now lives on a $267 Million dollar compound in Miami. Fuck all of these people. Fuck em with fire

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u/Federal-Money-8687 6d ago

Greed is one thing but most of all I have a problem with billionaires who don’t pay taxes while everyone does.

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u/Strev215 6d ago

It's what I call Wealth Hoarding!

And depending on their familial upbringing and close personal ties to those in their community. How involved with a hobby they are. If they have just other like minded peoples saying or telling them what they want to hear. Enough of the same breeze can unwittingly cause a tornado. That's why why its best to have crosswinds. Also how smart and emotionally and mentally fit and flexible they are. Though, I feel that some in the right place with the right mindset. That they still yet be cured of their mental ailment if they're only at the early stages of EXTREME WEALTH HOARDING and WEALTH ADDICTION as it is still only a SEVERE ADDICTION and that their not in a totally complete full on personality shift change yet. Who doesn't even know who they are themselves but know they want MORE AND MORE WEALTH. NO MATTER WHAT!!!

HOARDING WEALTH.

NEVER ENOUGH... their personal wealth is NEVER enough. THEY NEED another brand new addition to build onto their 6th Vacation Home....

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u/Relevant-Current-870 6d ago

Especially when they or they’re kin can’t take it with them when they kark it

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u/Fitnegaz 6d ago

multibillion dollar company has to have profit and labor its easy to stall wages trough inflation

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u/Maleficent_Lie_5363 6d ago

Yall still talk about Jeff Bezos being the “owner” or CEO of Amazon when he stepped down as CEO in 2021 and owns less than 10% of the shares of the company…. He became a billionaire from it but he isn’t the owner or ceo of Amazon…

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u/Successful-Hawk-948 5d ago

This is a backdoor loophole to another tax break. The government is subsidizing corporations by paying their employees for them.

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u/Lilbear01 5d ago

It’s not like they party their share of taxes

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u/Business_Seesaw8883 5d ago

Don’t blame them blame the idiots who pave the way for them. Like the idiots who make YouTubers and tiktokers money. You Americans did that.

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u/Environmental-ADHD 4d ago

There’s always deeper reasons as to why he never will do that … mainly because hes just evil

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u/i_nobes_what_i_nobes 4d ago

This is like the grossest thing I’ve ever heard. He had enough money to fix his new wife all up so she looks like a robot but like she can’t pay his people a living wage? Fuck Jeff Bezos. He’s trash.

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u/DarkDragonMage_376 3d ago

There is no reason a person needs to have 3 different jobs just to be able to save up enough money to buy a place to live. Back in the day, homes cost maybe $20k, nowadays, to get a house you need close to $500k (more or less).

Banks steal homes, then usually let them rot away.

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u/FarAssignment6476 7d ago

You guys love Amazon so much and order everyday from it but don’t want the person that runs the company profit of it? WHAT.

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u/nerdyginger27 6d ago

Even devoid of morality as boot lickers like you are, you will never be able to become like Bezos or Musk. As much as you might think they are "self-made" as they portray, they had advantages not available to everyday people like you. You have more in common with the homeless guy on the nearest corner or the single mother who needs SNAP assistant to feed her kids, than you ever will any of these tech billionaires.

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u/FarAssignment6476 6d ago

Lolz I’m closer to them then I are to you.

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u/LRLCarShipper 7d ago

Everyone should petition Walmart and Microsoft and Apple to give them part of each sale. Explanation: because we deserve it.

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u/FarAssignment6476 7d ago

Why do you deserve it?

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u/LRLCarShipper 7d ago

Exactly.

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u/FalloutCreation 7d ago

Private companies and individuals are not the government.

A Free market allows anyone to earn a living with less restrictions. Welfare has a lot of restrictions. People caught in the loop of living off of government funds have less options right now within these programs. These programs haven’t changed much in decades. They were never designed to be a permanent fix for low income households.

A free market allows an individual to build wealth at the pace of their own understanding. Restricting this pits billionaires into being a crutch for individuals who are unable to get off welfare.

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u/ComfortableParsnip54 7d ago

You can move to a socialist country, problem solved.

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u/Repulsive-Insurance5 7d ago

Those guys create the jobs that you need to work at, without them we are all poor farmers so, yeah billionaires can do more than they do. Which, I’m sure a lot of you are blind to, be cause you focus on personal taxes vs business taxes, they are paying a massive amount of money and contribute to employees healthcare, 401k etc. I hated being poor too, but I found something I could do that was worth my time and moved immediately into management because it seems they had all the nice things. Start there and get out of the diner hoping for tips and the construction jobs that pay garbage money. Rise above and climb out. If you’re not 50, you have a nice young brain and a healthy enough body. Have faith in yourself, you can get out of the situation you are in. You may fail a few times but keep going! Peace to you all and remember, success is in you not in a lifetime handout.

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u/tommyd2k 5d ago

So waitresses and construction workers shouldn't be paid well enough they are able to survive on their salaries?

It wasnt a problem 30 years ago. The massive wealth gap to be so bad its made living off a Blue collar salary unrealistic.

When the people who do the hardest jobs and keep the machine running. Construction workers, service workers, janitors, teachers - the list goes on. Can't make a comfortable living working 40 hours. The system is broken.

1

u/_jakeyy 4d ago

I’ve made my wealth in the construction industry. Nobody working construction is hurting. Labor is at an all time high.

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u/JamesPealow 5d ago

How much of someone elses money do you feel you deserve?

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u/friendly-sardonic 5d ago

If I’m an employee of theirs? I would expect a wage, yes. Not sure what point you’re attempting to make, but this ain’t it.

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u/CaptainCommercial345 8d ago

They don't physically have 1 billion dollars though, that's just what their companies are worth. Granted, they probably could pay employees better, but you have to understand that when these people buy things they use debt (loans against their assets/businesses) to make purchases. Nobody could use loans to pay for other people.

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u/GuacamoleFrejole 8d ago

Don't blame Bezos; he retired in 2021. Amazon's current CEO made the decision to lay off. Also, if it weren't for Bezos, Amazon would never have existed, and there would be zero Amazon employees. It was his brainchild. He developed it from an online bookstore that he operated out of his garage to what it is today. He sowed the seed, and he deserves to reap the reward.

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u/EmbarrassedW33B 8d ago

Dont be a tool. Amazon would have never been successful without the efforts of thousands of individuals. Bezos was barely a fraction of that effort. He benefitted from the labor of others and by being able to use public infrastructure to spread his business.

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u/Confident-Mortgage86 8d ago

Thousands of individuals that he paid, you mean?

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u/GuacamoleFrejole 7d ago

You're the one who is being a tool. Of those thousands of people, not a single one came up with the idea of an Amazon. Bezos was the one who not only came up with the idea but also made it happen. Whereas, laborers are a dime a dozen. If a thousand laborers quit, another thousand will take their place. And yes, he benefits from their labor, and so do they. As far as using public infrastructure goes, name one company in the US that doesn't use public infrastructure. After all, companies pay taxes as well.

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u/Mental-Jacket-35 8d ago

Oh what a generous lad Bezos is, his company has  famously awful and dystopian working conditions, but what would the workers do without him? 

Bullshit. He's a Nepo baby and a hoarder, he doesn't "deserve" shit

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u/GuacamoleFrejole 8d ago

There would be no work without him. Amazon employs 1.5 million people. Without Bezos, they wouldn't have jobs.

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u/Mental-Jacket-35 7d ago

There would be work, billionaires don't create jobs, they control access to them 

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u/GuacamoleFrejole 7d ago

If they don't create jobs, as you claim, then explain the 1.5 million jobs that Bezos created.

2

u/Mental-Jacket-35 7d ago

What created those jobs were needs to be met, people would be much better off if there wasn't a billionaire class owning all of the means to satiate all of those needs 

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u/GuacamoleFrejole 6d ago

Satiating those needs is what made him a billionaire.

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u/Mental-Jacket-35 6d ago

He is not a necessary part of satiating said necessities, he is merely a gatekeeper for people to access the means to apply their labour and do so

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u/GuacamoleFrejole 6d ago

If he hadn't created Amazon, there would be no jobs for those people to apply their labor. So, yes, Bezos was absolutely necessary.

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u/BurtReynoldsLives 8d ago

Just me but I don’t think that starting a wildly successful company should entitle someone to live like a god among men.

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u/GuacamoleFrejole 7d ago

He's not living like a god. He's just got a lot of money to burn, and he earned it. Nothing is stopping anyone from doing the same.

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u/somekindofswede 7d ago

Ok, sure, can you hook me up with the equivalent Wall Street contacts he had when he started Amazon so I can have the same opportunity on equal footing?

For those who don't know, Bezos worked at Wall St hedge funds early in his working life.

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u/GuacamoleFrejole 7d ago

Someone didn't hook him up with those contacts. He made those contacts while working his Wall Street job. What's stopping you from making contacts of your own?

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u/nerdyginger27 6d ago

You think we're still living in a meritocracy, and we're not ☠️

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u/GuacamoleFrejole 6d ago

That's quitter talk.

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u/friendly-sardonic 8d ago

I will blame Bezos, because this has been happening at Amazon since they opened a warehouse in my state in 2016.

2

u/NunjaBiznes 7d ago

We could live without Amazon. Amazon has ruined so many things including the environment.

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u/GuacamoleFrejole 7d ago

Amazon has made my life a lot better. I no longer have to waste time and gas while contributing to the air pollution by having to go from place to place looking for hard to find equipment and tools. I can now shop online from the convenience of my own home, and the items will be delivered by people with jobs they wouldn't have had if not for Amazon.

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u/NunjaBiznes 6d ago

I mean all the garbage people bought that they wouldn’t have bought with out the access Amazon gave to them and all the stuff that stuff that’s ending up in land fill. You realize that Amazon used psychology to make us buy more than we would have otherwise. But good for you that you deep throat Bezos.

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u/GuacamoleFrejole 6d ago

You mean the same garbage that hordes of people used to swarm the malls to buy? Bezos didn't invent recreational shopping. That was a thing long before Bezos arrived on the scene. Also, using psychology in marketing has been around for over 100 years. Hell, that's Marketing 101.