Honest communication hasn't ever been the strong point of Reddit staff but they're really taking it to new lows lately.
It started with "those third party apps are using up all our internets" as a mask for "the API was free because your content was borderline worthless but now we can sell it to AI companies" and the smell of bullshit has only grown stronger.
Don't be so pessimistic -- you can have a red neoliberal or a blue neoliberal. What more could you want?