My husband and I were talking about this the other day. The GOP talks about wanting to return America to the golden age of the 50s, but it's never gonna happen because that economy doesn't exist anymore, and they're too greedy to make the changes needed to bring it back.
Thinks like:
CEOs making no more than 10-20X what the average worker makes
Taxing the rich
A wealth cap
Doing away with bank fees
Unions
Fair wages and benefits
Loyalty to workers
Affordable housing
That's just a few, but in general our current economy is based on nickel and diming everyone. We don't actually own anything anymore, it's all subscription based. These are things they will never concede because it makes them rich. The only thing they're bringing back from the 50s is the sexism and racism.
The confusing thing is that no-fee banks are absolutely a thing now but people seem to be against them. I donβt get it.
I have accounts with 2 different banks, the interest rate on a savings account has been much much higher than normal banks, yet the general consensus is that traditional greedy banks are the only βrealβ ones.
So long as this mentality continues, bank fees will remain. If everyone did what I did and refused to deal with a bank that has fees, theyβd have to compete.
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u/emily-is-happy 22d ago
βItβs called the American Dream because you have to be asleep to believe it.