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Money and Finances
Reply to "Alarm Bells Ringing: November 2023 Tech Layoffs & Government Disconnect"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Well, duh. How else do you get inflation under control? We need a recession. Most of the US is a bubble economy propped up on fake money printing and cheap credit pumping by the federal reserve and cheap interest rates. The gravy trains always end. Time to pay the piper. Tech workers are also massively overpaid. They need a haircut too.[/quote] Like lawyers and finance aren’t also overpaid? It’s all rent seeking. [/quote] Of course they’re overpaid too. Most people in the US are. We produce zilch. Why is some dumb tech bro making a social media app making six figures while someone actually manufacturing steel in this country earning far less. The tech bro provide garbage while the steel maker produces tangible goods that are extremely important to the country. Finance bros and lawyers are the same. A bunch of overpaid service economy tools. [/quote]
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