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Old 02-20-2021, 06:29 PM
jimjamuser jimjamuser is offline
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Quote:
Originally Posted by Bucco View Post
However, in context, let’s see....during this pandemic...

I am just trying to add to an earlier post (by JIMJAMUSER I think).

“With few exceptions, big businesses are having a very different year from most of the country. Between April and September, one of the most tumultuous economic stretches in modern history, 45 of the 50 most valuable publicly traded U.S. companies turned a profit, a Washington Post analysis found.”


“Despite their success, at least 27 of the 50 largest firms held layoffs this year, collectively cutting more than 100,000 workers, The Post found.”


https://www.washingtonpost.com/graph...virus-layoffs/

Point is as we make the rich richer and the difference between “rich” and “poor” greater, are we serving the country’s good ? Never feel guilty about making a profit and do all you can to make, but let’s not forget about our country.
True. The disparity in wealth in the US has never been greater. The Corporations LOVE to lay-off or fire as many workers as possible. Labor is just their biggest cost, which they want to make as low as possible. Corporations can often substitute capital equipment for labor. Machines do NOT need lunch and coffee breaks. They do NOT need health care, daycare, paid time off, and etc. Wall Street rewards Corporations when they cut their workforce. That is one of the many reasons why I scratch my head at the wisdom of any immigration (legal or otherwise). The US is no longer a frontier nation. Andrew Yang said to be prepared for 30 % UNEMPLOYMENT in the US. We could end up with a whole young generation with no outlet for their energy except drugs and crime to supplement their boredom. It IS very possible and the CV plague has exasperated things. WE are in a strange and potentially dangerous time period in history. Citizens and government at all levels need to make good decisions and quick action in order to solve these many problems BEFORE they "fester" beyond control and become unsolvable. Even a little thing like this forum can help or hinder by making accurate and true information available and disseminated. I TRY (?) to be on the help side of that equation!