4 ms·
I’m not sure this article considers the big picture. Let’s assume you are a high income earner at 60k USD as the article points: How much of this income is ma
by DethNinja 6y ago
I’m not sure this article considers the big picture.
Let’s assume you are a high income earner at 60k USD as the article points:
How much of this income is made by selling services to lower/middle classes? So long as your labour doesn’t directly serve to top 1%, you will inevitably see your income lowered due to actions taken/not taken by the government. USA literally printed out trillions and gave most of it to the top, this money was in essence taken from lower/middle classes.
I think 60k rate doesn’t show the reality. Reality is, if you don’t make your income by serving to upper classes where most of the stimulus money has flown to, then you will see a direct hit to your income.
This includes most of the software engineers/programmers as well.
- hinkley 6y agoI work for a B2B company. We're already on a road to diversify our customer base, and parts of our portfolio help reduce the amount of face-to-face time our customers need to have with their customers, so we saw an uptick in business. Customer turnover requires our sales people to find new customers, and trade shows are off the table. Plus our customers are feeling the pinch. Some will file for bankruptcy, others will reduce spending, at which point we will feel the pinch.