What do you mean by energy? Who are you trying to hire? |
Charitable donations always go down during recessions. Your time will come. |
Man you are daft! Only the really rich ended up ahead, why do you think we got the inflation and Trump back in the office? Why do you think young people are not able to have the same life as their parent and average first time home buyer is almost 40? It is all because covid accelerated already wide wealth gap. Yes the rich did ok with the covid, bit peasants moved a giant step closer to being feudal vassals to our tech overlords. When economy grows 2-3% and the richest of the rich see their wealth double where do you think that difference comes from? It comes form you and me and other citizens because we fail to tax them properly. Data below has only gotten worse sin the last 4 years. According to Institute for Policy Studies analysis of Forbes data, the combined wealth of all U.S. billionaires increased by $2.071 trillion (70.3 percent) between March 18, 2020 and October 15, 2021, from approximately $2.947 trillion to $5.019 trillion. Of the more than 700 U.S. billionaires, the richest five (Jeff Bezos, Bill Gates, Mark Zuckerberg, Larry Page, and Elon Musk) saw an 123 percent increase in their combined wealth during this period, from $349 billion to $779 billion. We will be regularly updating |
My plan is to save money, eliminate frivolous spending. Will have my kids stay in our decent public school even though we were thinking of going private. I'm putting my bonus payouts into a money market instead of investing as usual. I also got my family European passports just in case it is more favorable to live there if America rally spirals down into a compete shitshow. Although Europe is looking messy right now as well with Donold being Russia's best friend now. Basically being more conservative and less willing to support the consumer economy. |
Disagree. Really depends on the type of company (B2B versus B2C) and revenue mix. Palantir is probably in big trouble. Amazon and Google have government contracts, but they have other revenue streams to rely on. Apple and Meta aren’t affected. Others like Salesforce, etc. are not affected. |
It was just the rich. The middle class who kept working is doing just fine. Used all that free money to buy homes, do remodels, take revenge travel, buy cars, etc. The price of cars and travel and renovations didn’t just skyrocket due to billionaires. Tons and tons of people are paying those prices and haven’t slowed down a bit. Just take a look at WDW - highest prices ever, with highest crowds. Look at airfare to…anywhere. Car prices. Car companies see no need to lower the prices to make sales - they are going just fine. This is not just the rich. |
| Was NOT just the rich. ^^^^ |
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You are all assuming they are not going to crash the dollar
You are all assuming military state isn’t going to happen You are all assuming women and any minority that means any Indian, Chinese, Korean, Jewish, Japaneses, Muslim, etc will have jobs lol nope only whites Mr Apartheid is 100 percent going to make sure we are whites only .it is already happening in the media and our military Next up Tariffs economy destroyed that means all companies take a hit not just give employees and trickle down economics as well will so many job losses. Women are going to lose all rights as well. Yes they are. SAVE ACT is just the tip of the iceberg melting . You won’t be having jobs . |
You sound crazy |
You are talking about UMC, basically maybe top 10% not the actual middle class. And UMC will also get hammered now under the new regime because too much of their "wealth" is tied up and leveraged in the real estate so they will not be able to easily weather economic chaos that will come from the senile maga policies and the increased wealth transfer to the top 1%. |
| Law enforcement. I’m in one of the few DOJ components granted a waiver to hire more people. Obviously if the economy crashes we will eventually get squeezed, but right now law enforcement feels safe. |
| Yeah, I bet Patel/Bongino gestapo will be expanding and reorganizing as well |
Not the pp and not in the industry. But all kinds of energy (particularly non renewables) are booming. It's like that there will be upgrades to old coal plants to keep them in service and nuclear facilities (especially small ones) are reopening to support the expanded electrical needs from AI (all of our silly searches use a LOT of power). So there are probably job opportunities in all aspects of the business, but especially operations people. But not necessarily in DC, if that is relevant to you. |
Of course the mood is quite good there. People will be clueless until it affects them personally. These things take time. The Great Recession that finally hit in 2008 took a couple of years to fully play out for example. Everything was fine, until it wasn't. |
How will you save money without a job? |