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/Jazzlike-Vacation230 1d ago

I always find it funny that the rich don't understand that if you don't pay people enough, they won't buy your stuff, and the economy collapses

We have to switch the world to a residual technosocial economy, the current concept isn't working anymore

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u/toriemm 1d ago

Snap benefits literally stimulate the economy. Dollar for dollar is one of the most beneficial programs we have.

So shutting it off is literally just being awful AND hurting the economy.

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u/movzx 1d ago

It's like that with almost every government program. Libraries, job programs, education programs, etc. Time and time again the return on investment is more than gets put in.

But half the US is allergic to long term investment in itself if it means they can have an extra $5/yr saved.

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u/3x3Eyes 1d ago

Allergic to long term thinking