And then all of the Socialists and Communists started clapping like a bunch of drunk seals.
Unemployment is being paid to not work. Currently you get $1200 a month minimum. This is people who were in the workforce and left, much worse than an "average" person.
Part of Ubi is no other welfare, and no penalty for working.
Obviously.
And whaddya know, ubi = labor shortage
"We have this strange thing of 8 million job openings, and everywhere you go…people are saying, 'I can't fill them. No one will take them"
Gee, anyone have any ideas why?
Gundlach added that the end result is "people are making more money sitting at home watching Netflix, than they are at work, and they don't want to go back."
So it's because wages suck so bad ! I know that's not the point he was trying to make but it IS the fucking point. Decades of stagnant wages and the work environment changed to one run by fear and treating employees like shit so OY VEY people don't want to work!
And why did wages stagnate you ask????
Because the globalists made us compete at the wage level of undeveloped countries, like China and India.
...paid for with money taken from White People, to support the continued worthlessness of the worthless.
Duh
(post is archived)