"I have enough disapproving thoughts on economists’ divorce from the realities of markets and businesses due to their torrid affairs with white board models to fill its own essay or seven, so I won’t go into it much more here."
It's even better when the white board model output is reported as "research showing X" or "study proving X" or "evidence for X"
It's telling that instead of explaining what their plan is to fix the economy, the establishment response is to gaslight, quibble over definitions, and redefine words. Par for the course for the symbol manipulators.
Work ethic is shit nowadays. If you volunteered to pay my new hires wages for a year I would turn you down. Not worth the destruction of service goods by workers who only care about a paycheck. Sure, take off every other Tuesday to go paintballing with you best friend Justin and then complain that the little guy can't get ahead while asking for an advance on next week's pay because you need gas money. Ya, don't worry about that $4000,00 door you screwed up last week that will take 12 weeks to replace which means the customer won't be paying their bill until 30 days after that. No big deal because us business owners are rich and can cover it.
We need a hard correction in the labor market and I only see that happening with a depression where shit workers go hungry.
Every business owner I've talked to recently seems to share my sentiments. They are all questioning whether or not it is worth all the extra stress running massive overhead and running herd on 10 employees to make 20% more profit than when they worked all by themselves. Wonder what will happen when the projects start drying up. I'm sure the business owners will all take pay cuts to keep ungrateful, unproductive employees on the payroll so they can afford the $1000.00 Iphone they use to Snapchat with their dipshit friends while they are on the clock.
Recession though? No way. Paul Krugman says it doesn't matter anyway and he won a Nobel prize so he can't be wrong, ever.
"I have enough disapproving thoughts on economists’ divorce from the realities of markets and businesses due to their torrid affairs with white board models to fill its own essay or seven, so I won’t go into it much more here."
It's even better when the white board model output is reported as "research showing X" or "study proving X" or "evidence for X"
It's telling that instead of explaining what their plan is to fix the economy, the establishment response is to gaslight, quibble over definitions, and redefine words. Par for the course for the symbol manipulators.
Work ethic is shit nowadays. If you volunteered to pay my new hires wages for a year I would turn you down. Not worth the destruction of service goods by workers who only care about a paycheck. Sure, take off every other Tuesday to go paintballing with you best friend Justin and then complain that the little guy can't get ahead while asking for an advance on next week's pay because you need gas money. Ya, don't worry about that $4000,00 door you screwed up last week that will take 12 weeks to replace which means the customer won't be paying their bill until 30 days after that. No big deal because us business owners are rich and can cover it.
We need a hard correction in the labor market and I only see that happening with a depression where shit workers go hungry.
Every business owner I've talked to recently seems to share my sentiments. They are all questioning whether or not it is worth all the extra stress running massive overhead and running herd on 10 employees to make 20% more profit than when they worked all by themselves. Wonder what will happen when the projects start drying up. I'm sure the business owners will all take pay cuts to keep ungrateful, unproductive employees on the payroll so they can afford the $1000.00 Iphone they use to Snapchat with their dipshit friends while they are on the clock.
Recession though? No way. Paul Krugman says it doesn't matter anyway and he won a Nobel prize so he can't be wrong, ever.