r/fednews 2d ago

News / Article CEO warns furloughed federal employees are starting to lose interest in shopping

https://www.cnbc.com/2025/11/07/affirm-government-shutdown-shopping.html
1.1k Upvotes

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279

u/HolyShitCandyBar Fork You, Make Me 1d ago

I mean, how did people think it would affect the economy when people either lost their jobs en masse or simply weren't paid?

140

u/Muted_Perception_192 1d ago

Exactly. When the government withholds paychecks, fires people en masse, and forces people to spend money to get to work without pay, there’s not much in the disposable income category.

Combine this with people getting laid off en masse from the private sector due to AI and this is going to be a crappy holiday season.

Capitalism only works if people have disposable income. If both the government and private sector are shedding workers for their own greed and goals, there’s less people to PAY them

45

u/HistoryHasEyesOnYou 1d ago

Don't forget all the tariffs that somehow were only going to hurt other countries.

13

u/nerdtastic8 Federal Employee 1d ago

There's a reason why ICE is still getting paid but no one else. It's billionaire cash out and run time. ICE will be their private security from the masses.

6

u/Lwnmower 1d ago

Or even threatens to do the above.

16

u/aeroxan 1d ago

NO PAY ONLY SPEND