cross-posted from: https://lemmit.online/post/5566633
This is an automated archive made by the Lemmit Bot.
The original was posted on /r/todayilearned by /u/MechCADdie on 2025-04-04 08:19:11+00:00.
cross-posted from: https://lemmit.online/post/5566633
This is an automated archive made by the Lemmit Bot.
The original was posted on /r/todayilearned by /u/MechCADdie on 2025-04-04 08:19:11+00:00.
To me it looks like it sides with the paycheck-to-paycheck people. But you’re getting a lot of upvotes so either I’m looking at it wrong or a lot of people are wearing the same anger glasses as you.
It looks like it has that intention without actually thinking about it
The reason that the stock market cratered in response to this was that regular consumers are about to get hit with a 25%+ price increase on literally everything they buy. If you don’t make 25% more paycheck, you’re going to be cutting your lifestyle by the difference. Companies know this and are anticipating major lost revenue because people won’t have money to spend on their products. The price increases are probably going to be in full swing in 2-3 months, but that’s an educated guess, only.
thanks, I know all that. Back to the cartoon, it looks to me like it’s acknowledging the situation of Everyman in the persona of SpongeBob. So the answer to, “Is this implying if you with paycheck to paycheck it doesn’t affect you?” would be no, it does not imply that. It’s saying people are already up to their necks in shit and oh well, this’ll make things worse but it’s just another log on the fire.
An even bigger factor to the stock market is that the largest companies get 50%-60% of their revenue from other countries. They are about to get shit kicked.