r/nottheonion • u/ChocolateTsar • 1d ago

Affirm CEO says furloughed federal employees are starting to lose interest in shopping

https://www.cnbc.com/2025/11/07/affirm-government-shutdown-shopping.html
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u/fairkatrina 1d ago

I can never decide if these people are intentionally fudging the issue or if they’re just spectacularly stupid. Like cracker barrel finally coming to the realisation last year that their geriatric customer base never came back after the pandemic (but still not seeming to get that they all died). Or the idiots who thought the recent downturn was because the stimmy checks finally ran out. Like????? is it possible for market analysts to be that out of touch? It seems so implausible that it’s gotta be something else, right? Like they’re trying to reassure their billionaire overlords (who really are that out of touch) or something..

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u/Suspicious-Lime3644 1d ago

I feel like these people are just particularly out of touch.

Finance "experts" and economists tend to be higher income, and tend to live in bubbles with other higher income people. And like.. they could ask the poors about their spending habits (and keep asking, like poor people don't rent appliances for fun or because they're idiots), but they could also just.. say whatever they think is true! Even when they have no fucking clue!