“They’re literally running out of money at the end of the month,” he told Bloomberg. “We’re seeing negative cash flows in the lower-income brackets where they’re dipping into savings.”
McDonald’s, Whirlpool CEOs flag the same concern on the economy
https://www.thestreet.com/economy/mcdonalds-whirlpool-kraft-heinz-ceos-flag-economic-concern
6 Comments
0li0li@lemmy.world · 30 pts · 5d
Oh no, those workers we pay less and less every year soon won't have enough money to consume our products. We wanted all of the money and actually did it... now what?
harmbugler@piefed.social · 18 pts · 5d
What if we hold them upside down by their ankles and shake them? We need to be profitable this quarter
halfapage@lemmy.world · 8 pts · 5d
anomnom@sh.itjust.works · 3 pts · 5d
That’s what Dynamic Pricing is for. They can take the most from the most that way.
halfapage@lemmy.world · 2 pts · 4d
BigMacHole@thelemmy.club · 24 pts · 5d
Have they tried RAISING Prices while LOWERING Wages? If THAT doesn't work then NOTHING will!
-CEOs!
Treczoks@lemmy.world · 11 pts · 5d
So the billionaire class found out that after milking and hoarding all the money, there is no more to extract from the victims.
LodeMike@lemmy.today · 5 pts · 5d
Wdym? Their labor