We need to see guillotining of CEOs jump 40-50%.

Counterpoint: maybe he needs to learn that he'd be nothing without the backs of the workers for him to stand on.

Just want to clear the record and say that every business owner thinks this, it's just that this jackass has the stupidity to say it out loud. They don't want to pay more, which has become a necessity since the pandemic due to low unemployment rates. By having a larger labor pool, they can cut wages to take advantage of people's desperation.

This is the "Millenials eat too much avocado toast" guy. He lives on rage bait and generating headlines.

This is the guy that made the original avocado toast comment. He is prime eat the rich material of ever there was any.

He should see what we did to the czars and repeat himself.

For everyone saying "A 50% increase in unemployment would only take us from 3.8% to 5.7%, that's not bad" keep in mind that 37,000 people die for every 1% increase in unemployment. This man is essentially wishing for the deaths of 70,000 americans.

Edit: just realized he's probably talking about Australia from his accent. Not sure about the numbers for Australia on unemployment deaths, but I imagine the point should still stand.

We need to remind people that they work for the employer, not the other way around.

Employment is a mutually-beneficial agreement. I pity whoever has that CEO as a boss that thinks so lowly of their subordinates. We need to remind employers that they also depend on their employees.

We need to remind people that they work for the employer, not the other way around

This angers me. If it wasn't for employees many employers be living in a box under the turnpike, because shit doesn't get done by wishful thinking alone.

Keep in mind that “jump 40-50%” is not the same as “unemployment at 40-50%”…your headline is sensationalist (or just a misunderstanding of the numbers). This guy’s take is still absurd, regardless.

Holy shit what an actual psychopath

I heard "Let them eat cake."

Both in the sense that this is a bullshit thing to say, and in the sense that this is the sort of thing that, if misquoted, could get innocent (at least of saying something like that) people hurt.

This goes right into my spreadsheet of examples how winning at capitalism does not require much intelligence or foresight. In fact, too much of either hurts your chances.

Not agreeing with the sentiment, but your title is wrong, OP. He didn't say unemployment should be 40-50%. He said it should increase by 40-50%, which equates to a move from 3.8% to 5.7%

He needs to see pain in his life.

Tim is literally a freeloader making money off of other people's labor... scum. . .

Does he really not understand that employers make their money from their employees?

So like, how would one go about trying to figure out where this guy lives?

If I see this fuckwit in the street I’m laying him out.

So I guess that means corporations are actually hoping for a recession so they can "tighten the belt" and fire some workers and the remaining ones will work extra hard to make up the difference. Again.

The beatings will continue until ~~morale~~ productivity improves.

Edit: Sorry, morale is irrelevant.

No, that's completely wrong.

He said it should go UP by 40-50% ie about 6% - which is still low by Australian standards.

Unemployment averaged 8% in the 1980s and 10% in the 1990s.

He is free to stop hiring if he thinks that way. If unemployment jumps it's because business is in the shitter.

Counterpoint: Guillotines

A 1% increase is associated with 37000 additional deaths. 40% unemployment would be classicide.

Who's taking bets on how long until this guy's head is left in a box for another billionaire to open?

Engineering manager here: I am very lucky to have my team, I need them more than they need me, and I think anyone saying otherwise is fooling themselves.