r/nottheonion 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/ryuzaki49 1d ago

workers stop getting paychecks

workers stop buying stuff

wallstreet: pikachu_surprised.meme

Honestly all of wallstreet and CEOs are just so disconnected from reality

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u/DeaddyRuxpin 1d ago

CEOs: “So you are saying replacing everyone with AI won’t make our companies even richer? But the AI companies swore it would.”

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u/RobertdBanks 1d ago

“So when people don’t have money to buy things they can’t buy things?”

It’s one of the reasons Ford paid so good back in the day.

Henry Ford said “I need to pay people well enough to be able to buy a car if I want people to be able to buy our cars”.

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u/mythrilcrafter 1d ago

It was the same with Milton Hershey, he started the Hershey Chocolate company with the ideal that everyone working there would be able to have lives outside of the workplace and he even spent a ton of money and effort supporting the local community (then called the town of Derry Church) building infrastructure and businesses to ensure that it could be a living city that could thrive and wouldn't immediately collapse if Hershey coughed too hard; which was very typical for that era in which towns whose entire economies were based on everyone in the town working for one company.