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Sarah Jeong, an opinion columnist with one of the most influential newspapers in the world, is facing backlash for claiming that only the rich and influential — which she herself appears to be — care about the ongoing uptick in inflation.
“[A]ll the stuff you see about inflation in the news is driven by rich people flipping their s–t because their parasitic assets aren’t doing as well as they’d like and they’re scared that unemployment benefits + stimmy checks + 15 minimum wage + labor shortage is why,” the New York Times writer tweeted Wednesday afternoon.
The tweet is devoid of a ratio, but only because Jeong made it so that only Twitter users whom she “follows or mentioned can reply.”
View the original tweet below:
all the stuff you see about inflation in the news is driven by rich people flipping their shit because their parasitic assets aren’t doing as well as they’d like and they’re scared that unemployment benefits + stimmy checks + 15 minimum wage + labor shortage is why ~jmt~
— sarah jeong (@sarahjeong) November 17, 2021
In response to the initial backlash that erupted, she doubled down, though this time she left her tweets unlocked.
Look:
not me starting shit on purpose with the inflation hysterics
— sarah jeong (@sarahjeong) November 17, 2021
waaaaah the working class’s income is keeping pace with or outstripping inflation but my capital gains aren’t boo fucking hooooo
— sarah jeong (@sarahjeong) November 17, 2021
very spooky scary to think of the moment the poors realize inflation favors debtors and that that’s what the hubbub is about, and not milk prices
— sarah jeong (@sarahjeong) November 17, 2021
Some speculated that because she herself is presumably wealthy, she doesn’t mind inflation given that — even with inflation in play — the rich continue to stay rich and, in fact, get richer.
Except that she seems to think she’s part of the working class, and that’s where the misconception appears to stem from. It’s as if, in her mind, she’s the working-class stiff, and the actual working-class stiffs are the rich and so-called “privileged.”
This completely backward mindset would explain why leftists like her appear to have no empathy whatsoever for actual struggling working-class families:
How to accidentally show that you’re to wealthy to feel the impact of inflation? Say things like this https://t.co/44TIcMwydc
— Daniel Smith (@Smith082288) November 17, 2021
You are scared of people responding to your tweet.
I am paying more for gas, food, rental cars, and clothes.
My savings value is evaporating.
You are so stuck up that you have no empathy for those who are less fortunate who are struggling. https://t.co/0f1DPxvqRq
— Jackson Park (@JacksonOPark) November 17, 2021
Even movie villain rich people don’t have as much contempt for the poor as you do. I’m struggling to avoid defaulting on a bankruptcy and you’re pretending it isn’t happening because acknowledging reality might hurt your tribe. Quit pretending to care about the poor, you fraud.
— Wonderbeard (@WonderbeardShow) November 17, 2021
You are so out of touch and wrong. It is the lower income families who suffer the greatest. They can’t afford the basics of groceries, fuel, etc. You writing about capital gains shows your liberal elitism. Your narcissism is astounding.
— patrick (@patrick07572436) November 18, 2021
You’re argument doesn’t hold weight for low or fixed income that are really struggling with food prices. I’m currently assisting my mom with groceries bc her SS doesn’t cover the increase in her gas and food costs now. Working class wages aren’t keeping up, unless your privileged
— HeatherBe (@HeatherBe22) November 18, 2021
Note what the latter Twitter user wrote: “Working class wages aren’t keeping up, unless your [SIC] privileged.”
Indeed, and as an employee of The Times, it would seem Jeong is the epitome of privileged — and perhaps also ignorant.
“Once inflation is accounted for … average hourly earnings decreased 1.2% from October 2020 to October 2021, the Bureau of Labor Statistics said last week. Those wages represent income after accounting for the impact of rising prices and illustrate a person’s actual purchasing power. By that measure, the typical American worker is worse off today than a year ago even though nominal pay,” CBS News reported Monday.
Those working-class Americans who’re not part of Jeong’s elite club of the rich and influential — are currently having to contend with significantly more expensive commutes to work, in addition to higher-priced groceries, bills, healthcare insurance, etc.
As for those in the Times’ writers’ club, they’re doing spectacular right now:
Assets are actually doing very well and stocks are booming. The rich are doing very well right now.
But gas and food are becoming a lot harder to get for average people. We’re especially seeing that out here in Hawaii https://t.co/qRYitNiZkR https://t.co/fj4qTvppWS
— Kevin Knodell (@KJKnodell) November 17, 2021
1-year Performance
S&P 500: +30%
Real Estate: +28%
Bitcoin: +240%Rich people love inflation — they own assets.
But it’s also an artificial tax that disproportionally impacts lower-income families at a greater rate & robs them of their purchasing power.
This isn’t hard. https://t.co/tTcVzIU84O
— Joe Pompliano (@JoePompliano) November 17, 2021
The majority of Americans, including the middle class, have assets in the stock market due to retirement funds, but just 10% of The wealthiest Americans own 89% of the NYSE. The rich can very easily game and even profit off of inflation. The rest of us cannot. https://t.co/Z5qXCqWfSq pic.twitter.com/ShnqXhgHFt
— Tiana Lowe (@TianaTheFirst) November 17, 2021
All the rich people I know are actually still rich and not too worried about higher grocery prices but whatever https://t.co/dPVmbdT4Hi
— Dylan Housman (@Dylan_Housman) November 17, 2021
“Whatever” indeed, because at the end of the day, Jeong doesn’t really seem to care, does she?
As a reminder, Jeong is the same allegedly esteemed Times employee who hates white people and the police.
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