Watch: Billionaire CEO says unemployment 'has to jump' to put 'arrogant' workers in their place
Watch: Billionaire CEO says unemployment 'has to jump' to put 'arrogant' workers in their place
Someone should unemploy him, you know, to help his numbers.
Laughter is the best medicine?
Should be un something for sure.
Unemployment is a luxury that the rich can afford more of.
Fuck this cunt
In the face...
Repeatedly...
With a brick!
Or an anchor!
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 🤬
Employee and employer work TOGETHER. I would love to meet this guy in person, real let them eat cake energy. Anyway, where's my guillotine sharpener.?
Employee and employer work TOGETHER
Sounds like commie talk to me. How long have you been a member of the Communist Party of America? /s
The thing is, the workers work for money, not for the employer.
The employer is just a middleman that can easily be replaced.
Absolutely!
When we have nothing to lose, then we have no problem eating the billionaires.
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%
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.
His wording means it should increase 40-50%. Not that it should be 40-50%.
Do you know what percentages are?
i think this guys face should meet a crowbar
That's a weird way to spell guillotine
It looks like it already has
well since he failed to learn from it maybe they should repeat the lesson.
I hope this isn't a bannable comment, but someone needs to bring out the fucking guillotine for these fucks.
What is it with property developers and being brainless dicks?
People having been throwing shit on plots of land since the beginning of time. It probably scratches that sweet spot of little thought and a lot of money that most people seem to be after.
“passive income!” when they talk to each other, but tons of hard work when described to anyone else.
Property developers have been activelly helped by governments and central banks for at least 2 decades who have done all sorts of things to rig the housing markets to always go up, even though to owner-occupiers higher prices are almost never a good thing (sure, the house is worth more, but if you try and cash it in by moving, any other house you buy or rent is also more expensive, so you gain nothing from your home having a higher valuation).
A guy his age has spent his entire life getting the message from top politicians and bankers that his economic activities are more important than just about all others and get rewarded no matter what (it really is a "no skill needed, just lots of starting money" domain), so it's only natural if he behaves accordingly.
PS: Also, given that people keep reelecting the politicians who keep sacrificing the whole Economy (and keep selecting central bankers who do the same) to serve his interests and those of others in the same domain as her is, he probably thinks most people are morons. Worse, he's probably right.
We should indeed have more unemployed people, since we should strive to a world where nobody has to work anymore.
Implement Universal Basic Income.
Or we could just get rid of money and everyone gets what they need? Like, money is just something we made up.
Good luck getting anyone means to give up something without getting something.
I'm pretty sure if you got rid of money people would immediately reinvent it.
I hate cleaning and I pay someone to do it for me. What am I going to do? Barter?
The problem isn't money it's lack of worker protections and consolidation of power.
Where would UBI come from if nobody is working?
Automated production.
It is easier to see the extinction of humanity than the end of capitalism. But if we cannot imagine the end of capitalism we will see the extinction of humanity.
Eventually, though (as Sophie From Mars speculates) the population will be reduced to where the USD and EU are meaningless, and the remaining bands act more like mutual aid.
The question is if humanity has been reduced by then to tens of millions, or thousands.
This is the original "stop eating smashed avocado on toast" guy.
This guy need to improve the planet by being a lot less alive.
About 100% less should do the trick.
I live in his city and I will not hesitate to tip my $6.50 latte over his narcissistic noggin, should the opportunity arise.
Stock market needs to go down to put arrogant Billionaire in their place.
that hurts a lot more people than just billionaires
So does the unemployment rate going up.
But at least it hurts billionaires, which the whole world can cheer about.
The ruling class has clearly shown that the economy and the stock market are not as interconnected as they have been in the past. The markets are terribly inflated, it NEEDS to go down, or the eventual crash is going to be 1920's bad.
"We need to see unemployment rise," he argued. "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... There's been a systemic change where the employees feel that the employer is extremely lucky to have them, as opposed to the other way around."
You love to see it.
Also, lots of comments about guillotines here. We might get some concern trolls about that, but at the very least, it sure is a problem when a billionaire like Tim feels like he can say something so outrageous without any consequences.
Funny thing that we witnessed in Iran: Violence is not the answer until the very hour it is.
Law enforcement in Georgia are attacking mutual aid stations. They're recognizing and harassing the non-violent methods we would affect change.
And the billionaires are telling us they'd have us starve if we refuse to live as bonded servants.
This is how civil wars start.
People become violent when they no options for anything. The Syrian Civil War is a prefect example of this, in the lead up the civil war, there was economic polices that benefited a select few people, intense drought that drove food prices up for the common people, and a lack of way to show anger in a healthy democratic way (strikes, protests, etc.), lead to a lot of anger. The anger eventually exploded causing a civil war.
Right now, we all have a cost of living crisis ongoing, lack of political leadership to resolve these issues, and growing wealth inequality. The next global recession is going to have lot of angry people, who's only options are going to be die a slow death or do something and maybe die a slow death.
When it happens remember to direct your anger at the right groups of people, political leaders who championed the status quo for corporations and billionaires, talking heads who tell us to be "grateful", and corporations and billionaires focused on wealth hoarding. These people got us into this mess and will gladly leave all of us to sink if it means they get to keep their dirty hands on power.
When you vote, you are exercising political authority, you're using force. And force, my friends, is violence. The supreme authority from which all other authorities are derived.
--Robert A. Heinlein
I hope he loses everything he has, and if he doesn't, I hope people steal what's left.
Any consequences! Exactly that. I'm sick of this rich man culture of fuck you I got mine. There needs to be a systematic change where the rich feel that they are extremely lucky to be allowed to horde so much and keep there heads. They've grown lazy and arrogant. Consequences for your selfish actions!
We should put arrogant CEOs in their place.
Preferably in front of a firing squad or in a guillotine.
Arrogant billionaire complains about having to operate in a free market. Oh the irony...
Rich people are loosing the fear of workers that was deeply ingrained in their DNA by the french. They should be afraid again. Maybe pinata economy is the most logic way to go.
The "left" is anti-violence and law-abiding. Our primary act is bringing out old phrases like, "eat the rich."
We're not even hearing of acts of vandalism or sabotage, but we want them to be scared.
Right now, if they don't get their way, unquestioning and at cheap rates, they are oppressed.
This is where we are. I agree, they need checked. Unions are getting stronger again (at last). But that's all I'm seeing. I hope I'm missing something.
i hate these greedflation causing piece of shits. complete and total arrogance. admiral klancy said it best
Lol. I actually read the article and it's Tim fucking Gurner.
I've got friends who work as consultants for his projects and it's more of a "do as I say" relationship. He buys up properties and then turns them into "luxury" apartments or hotels for his rich mates.
He's part of our affordable housing crisis.
And he goes on to make this statement. Good grief.
Billionaire has to jump....
Off a cliff
A few Putin jumps of our billionaires is the only way anything's going to change.
Pierre
Get the guillotine
as we know... good billionaire is dead billionaire
These retarded rich fucks don't really understand that the only reason society is not killing them yet is because many people have a shitty job which can at least feed them. You take that away and motherfucker hungry people will revolt.
I really do think it's time to break out the guillotines.
Another parasite sucking up all of our resources for itself.
But if you consider the counter-argument, maybe arrogant billionaires need to be reminded again that the deal by which they wouldn't be dragged out of their homes and beaten senseless in front of their families was that they'd pay a living wage and deal with unions and submit to antitrust regulations
We should seize all his shit
If everyone was unemployed then maybe we'd have the time and desperation to do so :)
That’s what “arrogant” means: not desperate enough. Not sure he knows what fully desperate is though.
On the plus side, people on both sides of the aisle hate this dude.
Some CEOs deserve to be fired... out of a cannon... at a brick wall... covered in large spikes.
Ok, lets start by labelling CEO's who don't do shit as "unemployed".
Next is every billionaire that don't pay the taxes they are owed.
Let's eat him first.
The cruelty is the point.
I'm putting in a proportional amount of effort for my pay compared to what my CEO does for his pay. Seems fair to me.
They realize 40% of the population isn't employed, right?
High time for Pinata Economy.
And I say in order to fix things he should jump off a cliff. Maybe he should try my idea since it only hurts one person instead of millions.
Unless he is saying all workers are arrogant and entitled, in which case fuck him.
That’s a bingo!
Guy's a fucking moron, Australia could not survive such high unemployment - nor could any modern economy.
I hope this entitled cunt has to pay for sex for the rest of his life/
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.
Reactionary take in response to billionaires being put in their place by a working class that is gaining back the union culture of the 20th century and pro-labour fervour of the 19th, assisted by the technology of the 21st.
More people are supposed to not have jobs, but at the same time, not be collecting unemployment or public assistance. So basically… go panhandle, live in a tent city, go to prison, or I guess just die is their suggestion.
If they died or went to prison then unemployment would go back down. The truth is they have no intelligent solutions and their economic beliefs are all make believe.
This effect was analysed in great detail by Marx in the 19th century, so it's not a characteristic of late stage capitalism, just of capitalism.
His term "Reserve army of labour" refers to the unemployed.
From Capital by Marx
https://en.m.wikipedia.org/wiki/Reserve_army_of_labour
A good thing for who exactly?
Say that to the 3% in person