Property developer and CEO Tim Gurner: “We need to see unemployment rise. Unemployment has to jump 40, 50 percent in my view. We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around.”
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.
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No, the number comes from a macroeconomics text book written by Gregory Mankiw and its based on research by Harvey Brennan studying the correlation since the 1950s.
You are right it that economics is all fake and made up. However there is a nonzero number of deaths and misery we can attribute to every person being miserable and stressed
Add them to the Black Book of Capitalism
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.
Wait really? How?
More people unemployed, more people without money, more people being poor. More desperate people, more sick people, more angry people, etc…
More people wishing to bash your head in for your wallet. Remember, just because you have it good in life it doesn’t matter if everyone else is in misery, suffering
Probably suicide or stress related
Economic instability has been found to increase overall mortality, infant deaths, fatalities from cardiovascular disease, cirrhosis, suicide, and homicide as well as morbidities, alcoholism and admissions to mental hospitals. M Harvey Brenner has publications studying the phenomenon going all the way back to the 50s if you’re interested in the scientific literature.
Yes, deaths, but also wishing for poverty and misery. What a humane soul.
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.
All it requires is an incredible amount of egocentrism and a dash of psychopathy.
Not true! You also have to be significantly lucky. I’ve met plenty of egocentric psychopaths who are stuck in small-time hustles and utterly pissed about it.
This is the guy that made the original avocado toast comment. He is prime eat the rich material of ever there was any.
This is the guy? Doesn’t he know avocados grow on trees?
Tim is literally a freeloader making money off of other people’s labor… scum. . .
He isn’t even self made. His grandfather gave him a loan and his boss supported him in his initial start
I’m pretty sure even Adam fucking Smith would think he’s a bastard.
If I see this fuckwit in the street I’m laying him out.
I prescribe crucifixion for the CEO. Just nail his hands to a cross in the town square.
little known fact that communists love crucifixion. that’s what the hammer is for!
Lemmy poster says capitalism gave us bad habits, prescribes CEOs be eaten alive.
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Big Fight Club moment.
Counterpoint: maybe he needs to learn that he’d be nothing without the backs of the workers for him to stand on.
Wow that guy looks like a creep
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.
I hear it more as “Let them eat cock”, there’s no implication of naiveté in his statement, just malice.
This guy gets the first pitchfork.
Baseball bats are easier to explain. Just keep a glove and a baseball next to one in your backseat or trunk. “Yeah officer, I like to go play down at the park with my friends.”
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.
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Absurdly evil af.
Right? A 50% increase of current levels puts at like 5% which is not crazy still
We need to see guillotining of CEOs jump 40-50%.
Adding 40% to 0 is still 0 - we need to add, like, a million %.
How about we start with one then try your idea
I hate to break it to you, but 1,000,000*0 is still 0. And before you ask, yes so is 1,000,000,000*0
OK double it then
Deserves the Wall.
