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I just took a couple Ubers. They were driven by retirees as a way to make a little extra cash and get out of the house. Both of them said they would have to quit driving and get another “real” job again if the market continued to tank. This shit rolls downhill…gonna create a job crunch again. People not leaving jobs, no jobs for people entering the marketplace, and companies are going to start crushing labor’s wages and benefits again.
Every day, I'm further grasping just how fucked we are :)
Maybe that IS the end goal. Get old people working so wages get fucked for everyone and the corporate overlords can increase their profit margins from a measly 99% to 99.9% or whatever
And what's the end goal? What's their plan for when those old people die in a fiery crash while driving Doordash? Nobody's having kids anymore and immigration ain't happening so who's gonna take those jobs?
Automation, once the population is too small to cover the jobs.
And who’s gonna buy this stuff when nobody has a job?
The true end game is for us poors to all die off and then there's a lot less need for production, and fewer mouths to feed.
It's all moving towards that.
If this doesn't belong here, nothing does.
That’s a q3 problem and we only care about what happens in q2.
It’s that flagrant disregard for what happens near term that makes everything worse.
Doesn't matter to them, the rich are isolated from any real repercussions of their behaviours. The older ones probably think they'll be out of the game before things get worse anyway. Short term benefits for them are worth the long term issues for the rest of us, just as always.