The layoffs have begun.

[HJCane]

It's going to get REAL UGLY for America and for Biden as job layoffs have started.
Energy sector layoffs.
Crypto sector layoffs and hiring freezes
Tech sector big layoffs and relocations
And now Redfin and Compass Real Estate companies both announced 10% layoffs to their workforce.

Tech layoffs accelerate in June, with more than 7,000 losing their jobs so far

After a month of 16,000 layoffs, more tech companies are laying off employees, including Coinbase, StitchFix, and Bird.

www.fastcompany.com

Goldman Sachs plans to cut thousands of workers. Here are the other major US companies that have made cuts in 2022, from Amazon to Twitter.

Goldman Sachs has become the latest major company with plans to slash its headcount as business growth slows and costs increase.

www.businessinsider.com

 

[HJCane]

So to be clear;
Higher prices on nearly every product we buy, sinking retirement accounts, and now people will start to lose their jobs.

 

[NO.SHORECANE]

Sad state of affairs. Brandon thinks if he screams loud enough and lies enough in his incoherent rants everything will be ok.Yesterday he said savings were up and personal debt was down, but it's just the opposite.

 

[HJCane]

Sad state of affairs. Brandon thinks if he screams loud enough and lies enough in his incoherent rants everything will be ok.Yesterday he said savings were up and personal debt was down, but it's just the opposite.

People are using savings to pay monthly bills.
Stocks are crushed so retirement accounts and investments are way down.
Net worths are way down.

Guy is CLUELESS

 

[NO.SHORECANE]

" We're changing people's lives !"

 

[ddimaggio]

Meanwhile our mentally incapacitated president is screaming at an AFL-CIO meeting! Alleging that big corporations and high worth individuals aren’t paying their fair share and that is causing the economic problems .
Huh? The corporations are the ones who can lift us out of any possible economic downturn
The letter he sent to the oil companies today was ridiculous. The refining profits are not so different than in prior years
It’s the PR machine at work along with focus groups
Who can we blame ?
Oh everyone hates Putin and Exxon.
Let’s blame them

 

[zeski78]

they can get those 15.00 per MacDonalds jobs now

 

[kimzkr]

The lack of accountability by our government is astounding to say the least.............I would at least have an iota of respect if they just came out and said we messed up and here is our plan to fix it............will never happen though........Shit is about to get real for alot of people, and not in a good way

 

[HJCane]

The lack of accountability by our government is astounding to say the least.............I would at least have an iota of respect if they just came out and said we messed up and here is our plan to fix it............will never happen though........Shit is about to get real for alot of people, and not in a good way

When they do announce a plan it sounds like this;

On inflation:
We are gonna work real hard to lower prices ( thats the plan)

On baby formula:
We enacted the Defense Production Act to get formula from Germany
We asked fo4 28 million dollars but the Republicans said no

Yada yada yada. Idiots.