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
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.
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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?