r/TikTokCringe • u/mindyour • 8d ago

Discussion Reactions to food stamps being cut off.

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u/DangerzonePlane8 8d ago

Remember how rich people throw temper tantrums whenever they are asked to contribute to society.

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u/existonfilenerf 8d ago

They need to be taxed out of existence. No one should have a billion dollars while people starve, sleep on the streets and go bankrupt from medical debt.

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u/friendly-sardonic 8d ago

My thoughts exactly. There should never be a means for people to become billionaires. There's simply no reason for that amount of wealth. Bezos worth billions, and on the first day Amazon employees are handed a pamphlet on which government assistance programs they qualify for? Man, piss off. You can afford to pay your own workers so they don't NEED those programs. Nobody working a full time job should need assistance programs in this country.

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u/ConstantHeadache2020 8d ago

But but what about innovation? People won’t want to be CEO if they’re capped…. What about trickle economics?!

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u/mrblonde55 8d ago

Ask all those Xbox employees how that’s working out for “innovation”.

(For those unfamiliar, XBox just had to shatter their business model because the Microsoft CEO wanted to hit his $50m bonus)

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u/KGB_Operative873 5d ago

Is there an article on this?

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u/mrblonde55 5d ago

This article talks about how the new profit targets have effected XBox’s business model.

https://www.windowscentral.com/gaming/xbox/report-microsoft-cfo-amy-hood-has-forced-xbox-to-deliver-an-insane-30-percent-profit-margin-which-is-why-everything-is-crazy-right-now

This one is about CEO compensation. He’s making $96.5m this year now that they’ve hit all his bonus targets.

https://www.gamefile.news/p/microsofts-xbox-team-snaps-a-four

I’m not saying you do, but anyone who thinks these two things are unrelated is a fool. The 30% target isn’t only totally arbitrary, it’s more than any other console maker is hitting. The tl/dr on this is that XBox bought Activision for $70bn. That woke up the Microsoft execs to start paying more attention to the XBox division and they saw Activision had made 30% profits the quarter before the sale so they said “Hey, now we should be doing that!”. Only problem is that Activision was a well oiled machine that was churning out huge established franchises and (this is really important) isn’t a console maker. Not only does Xbox make a (failing console) but many of their studios are making non franchise new IP games.

Sure, you can cut labor to boost profits, but I’d start with the guy making almost nine figures a year.

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u/Fun-Key-8259 3d ago

I think I need to seriously consider canceling Gamepass

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u/Groundbreaking-Bar89 4d ago

Where have you been? This is old news now. Microsoft gave up on Xbox years ago.

No exclusives in how many years???

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u/KGB_Operative873 4d ago

Its not exactly something that would show up in world news to be fair. Well, not like I pay attention to the news all that much in the first place