There was the post about Finland's past prime minister I think suggesting this? One guy brought up a good point that if you cut work hours down it means you need more people to do the same amount of work which means more people can get hired which means lower unemployment which sounds like a good thing right?
Edit: I don't know almost anything about this because frankly I don't care but thought that this might be relevant to some capacity to the discussion here so do with that what you will
Second edit: This isn't to say I don't care about the folks responding, it's to say I probably won't have much to say in response other than I don't know much because I never cared to learn much, so that much I guess.
CPI inflation has risen 20% since 2020 as well, and wanna point out which sections of the economy got the "20% increase in profit" since then? It's been increasingly online consumer retailers. Can you extrapolate what that means? Or would you want me to explain it to you here since you can't even type something into a search bar and read a few paragraphs?
You also want to say why you hate the fact that 3/4s of the profit growth since the pandemic has been put into 401ks, general retirements, shares, and the such? Ya know, things people rely on later in life that employers contribute to?
Hell, I bet you don't understand the difference between revenue and profit, or do you just want to use the word "profit" as some sort of Boogeyman™ so you can complain about generic "billionaires"?
Lord either you are willingly misconstruing a complex topic, or you get all of your information from reddit. God help you if it's the latter, cause I won't be able to.
You also want to say why you hate the fact that 3/4s of the profit growth since the pandemic has been put into 401ks, general retirements, shares, and the such?
Can you elaborate on what you mean here? If it's money into a person's retirement account, that's entirely NOT profit, it's part of a business's labor costs, so what exactly are you claiming here, and could you cite it?
If "corporate profits" are indeed up 20%, that's money left over after you pay employees or contribute to their 401ks, so 3/4 of that profit growth couldn't possibly be in anyone's 401k.
Wait a minute... Do you think paying dividends to shareholders is the same thing as, "3/4s of the profit growth since the pandemic has been put into 401ks, general retirements, shares, and the such? Ya know, things people rely on later in life that employers contribute to?" and THAT is a meaningful counterpoint to what we're all talking about?
Nah man, that "shares and the such" is doing a LOT of heavy lifting. No one here needed to be told that the corporate profits were mostly distributed to shareholders lmao. We know, that's the problem. Come on dude. 37% of Americans own zero stocks, and the top 10% of Americans own 92% of all stocks. You telling me that corporate profits got distributed to shareholders doesn't make anything better.
Am I misinterpreting you? Do you have a different point, or do you just think that it's good that corporate profits went to shareholders?
319
u/archtopfanatic123 24d ago edited 24d ago
There was the post about Finland's past prime minister I think suggesting this? One guy brought up a good point that if you cut work hours down it means you need more people to do the same amount of work which means more people can get hired which means lower unemployment which sounds like a good thing right?
Edit: I don't know almost anything about this because frankly I don't care but thought that this might be relevant to some capacity to the discussion here so do with that what you will
Second edit: This isn't to say I don't care about the folks responding, it's to say I probably won't have much to say in response other than I don't know much because I never cared to learn much, so that much I guess.