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Political Discussion
Reply to "Inflation Reduction Act of 2022"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]When companies lose their tax breaks, consumer goods will go up and layoffs will happen. Y’all are aware of that, right?[/quote] First at the chopping block - the tens of thousands of tech workers hired with no clear workload and even higher pay grades. [/quote] Correct. My husband’s company (large) instituted a hiring freeze a week ago in anticipation. Next will come layoffs.[/quote] LOL or maybe it’s because the bloom is off the pandemic boom in all things remote along with the crash in FAANG stocks and VC funding. This has nothing to do with an act that just got passed and everything to do with a bear market in formerly high flying sectors of the economy. It’s a welcome correction. [/quote]
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