Someone should unemploy him, you know, to help his numbers.
I’m not sure now unemploying him would help me, but I’m on board.
Laughter is the best medicine?
Should be un something for sure.
Unemployment needs to jump 40-50%??? Is this guy seriously that utterly disconnected with reality? In Aus it’s never hit more than 12% in the last 4 decades, the economy would just collapse if unemployment got that high. It only got to 32% during the Great Depression in the US.
That’s the difference between percentage and percentage points. If the unemployment rate were 5% then a 50% increase would make it 7.5%
An increase of 50 percentage points would make it 55%
I think he means 40 to 50% higher than now. It’s historically quite low at the moment.
utterly disconnected with reality
is there another way to accumulate that amount of wealth?
having said that, if unemployment is 10% and he thinks it needs to jump (and not to be 50%) then unemployment would be at 15%
If unemployment is 10%, then the actual amount of people who aren’t employed anywhere is 50%. Because the laborforce participation rate is only 60% of the population.
I was baffled by that comment. Did he mean 40-50% higher or 40-50%. Huge difference.
If I understand his business correctly, that amount of unemployment would cause him to fail
Some CEOs deserve to be fired… out of a cannon… at a brick wall… covered in large spikes.
We should seize all his shit
I remember when I was younger, having low unemployment was considered a good thing, universally desired it seemed. Only in late stage capitalism is it a requirement that we have people who can’t find a job so the working class doesn’t get too uppity.
Unemployment has to jump 40 to 50 percent, in my view. We need to see some pain in the economy. We need to remind people that they work for the employer, not the other way around
What a fucking asshole! True “we need to show those uppity peasant who’s boss” energy 🤬
Sounds like he’s mad he can’t afford as many yachts.
They realize 40% of the population isn’t employed, right?
