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Originally Posted by Jibartik
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Oh btw unrelated but I was thinking about this... I know we hate tech but god damn like 50k high paying tech people losing their jobs I saw on MSNBC this morning, between 5 different companies?
What is the plan for the economy? To destroy it and then the inflation will stop?
As far as I know the goverment hasnt gotten rid of the TSA because they dont want to be the goverment that causes 80k jobs to go up in smoke.
The current white house is going defcon 5 against the economy because the national debt is too high.
Fed says it wants to get wages down, then 1 years after that tech boom industry fires 50k people?
2 spooky 4 me.
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There is a big difference between what some millionaire who works at the fed says should happen and what some awful CEO actually does.
I generally subscribe to the "there is nobody at the helm of the ship" theory of government or whatever the hell that is called. Nobody has a plan. Everyone fakes it till they makes it. Imposter syndrome only happens in people who are capable of self-awareness.
I figured a big crash was coming someday when Uber first became popular. I was certain by the time "gig economy" became commonplace. The factory jobs mostly moved away by the time I was old enough to join the labor force, but I am sure people saw this vaguely coming even then.
You really should listen to episodes of Citations Needed.