Fears over the state of the labor market hurt consumer confidence in February, according to the Conference Board Consumer Confidence Index.

I think this is a combination of inflation and employers wanting people to return to the office. I am excited for people to return to the office as it means I can earn a lot more money.

    • PizzaMan@lemm.ee
      73·
      2 years ago

      Neither can Elon

      That’s my point. There is a limit to how many car tires can be sold. So when the rich sell more, that necessarily takes away potential sales from others. It’s basically a zero sum game.

      And the rich own all the factories and production. So every dollar of product they sell is a dollar of sales that goes to them. That leaves not enough for the rest of us, making us impoverished.

      It is but it’s not cash

      But it’s wealth. And the original claim was about wealth, not cash. You are moving the goal posts, which is fallacious.

        • PizzaMan@lemm.ee
          82·
          2 years ago

          When they sell something. It doesn’t go into the pocket of Elon. It does into the funds of the company. For every Tesla sold. Elon receives zero dollars.

          Again, you’re getting hung up on literal cash. Cash is not the only form of wealth. And the rich get their wealth from these companies. Sometimes it is literal cash, but most often it is in the form of stocks.

          And the wealth these companies earn disproportionately goes to the rich, the stock holders, upper management, etc.

          Elon owns zero factories. Same with bezos. Neither own any of those items.

          The rich own the companies that own the production. I know you’re more intelligent than this.

          Zero dollar goes to either one

          Again, you’re getting hung up on the distinction between cash, stock, and wealth.

            • PizzaMan@lemm.ee
              62·
              2 years ago

              Also you are confusing earnings with dividends.

              I never mentioned either of them, because i am not talking about the literal specifics of how the wealth is distributed. You have no point here.

              You mean facts and logic.

              No. You are getting hung up on the actual methods of how the wealth is distributed, cherrypicking the ways in which it is not as a means to say that the rich aren’t extracting wealth.

              Your argument relies on fallacies the whole way through.