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ItsFckinSarah t1_j4x8z71 wrote

Reply to comment by Graywulff in Toyota to Convert Older Cars to Eco-Friendly Models to Curb Emissions by renome

I also think we should general strike, which is the true attack america can't handle. But both things strike me as the only way.

They're not going to keep killing workers because ultimately their power depends on workers working.

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Graywulff t1_j4x9bn4 wrote

You have to get people to strike. I worked at a credit union, I was fired for having a disability and they denied disability yet no one even wants to join the union.

So if it’s hard to get people to join the union, and the government crushed the rail strike before it happened… I’m not sure how you’d get enough people behind it unless we had another crash and they bailed out Wall Street and not Main Street. That might lead to a strike.

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ItsFckinSarah t1_j4xb9u6 wrote

We will have another crash and they will bail out wallstreet. But beyond that union power IS increasing. Sure it's not winning every battle, and they knew the rail strike was one they couldn't allow so they fired their shots.

But millennials and gen z do not agree with laissez-faire capitalism. And they don't agree with American power structures either. So eventually it will fall

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Graywulff t1_j4xcc77 wrote

Yeah a crash is inevitable. Consumer debt is skyrocketing and consumer savings are plummeting while cost of living is dramatically increasing; during an already dodgey economy.

I think it’s the perfect storm for a major recession. I know people have been calling for one since before Covid but these new debt and savings numbers will clash and people won’t service their debt to pay for groceries.

I don’t know if the government has the money for a bailout of this magnitude. Auto debt 1 trillion alone, credit card debt is over a trillion. Like the bailouts were hundreds of billions, collectively 1.7-2t but nothing like the debt bubble that’s about to burst.

I mean maybe just let banking and finance fail. Credit unions didn’t need a bailout bc they didn’t do all the risky stuff bc nobody can own more than one share. So it’s not driven by stock price so they don’t do high risk high reward stuff for short term gain and kick the can down the line.

Let the banks collapse and let credit unions take over. If banking were non profit it’d save us a lot of money in interest but also bailouts.

How can they bail out the individual though? How can one “bail out Main Street” instead of wall Street?

Republicans will howl if the government started laying peoples debt for them. But they’d applaud if more money was spent bailing out the banks.

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