Because bankers, like it or not, produce that much value. UPS drivers don’t, and are instead holding their company hostage to force them to pay them more, placing unnecessary restrictions on people entering the job market, which ultimately comes at the expense of everybody else in their market.
Horseshit. It is labor who produces value, value that is directed, sold for its surplus, and earmarked for profit to the pockets of the directors.
Can the CEO build the widgets?
If no, then stop bootlicking for a CEO class of which you will never likely (be invited to) join.
The reason we see so few folks complain about subsidies for banks/business is because it is banks/business that control the channels by which we consume that information.
We know China has its firewalls. Russia too.
American “info firewalls” are all purpose built to bolden consumer fetish for consumption and hide or mute dissent against corporate bailout/subsidy.
Produce that much value in what sense? In potential future value for whatever might use credit and other financial services, yes, I agree with you, but that's potential. Value useful right now is being provided by the people doing the work, not the ones playing around with figures to determine where value should be allocated.
Without those UPS drivers you don't have deliveries, with no deliveries there's no online sales, there's no movement of goods, this is actual proper value being produced in the real sense, not in an accounting spreadsheet somewhere.
UPS drivers, like it or not, produce that much value. Bankers don't, and are instead holding the economy hostage through abuse of insider information [0], regulatory arbitrage [1], and capturing short-term value via liquidity mismanagement [2] or creating long-term systemic risk via post-Glass-Steagall gambling on derivatives that eventually leaves shareholders and taxpayers holding the bag [3], which ultimately comes at the expense of everybody else in the economy.
