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icebeat t1_j6kwnxv wrote

Reply to comment by SoTiredIYuan in How Big Tech is using mass layoffs to bring workers to heel by diacewrb

It is not the government but the feds and yes the literally said that they want to increase the unemployment rate to fight inflation

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SoTiredIYuan t1_j6l67vs wrote

Which is really goddamn shitty.

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DrabDonut t1_j6lq0u2 wrote

Some level of unemployment is the only way capitalism works.

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tickleMyBigPoop t1_j6lq5t5 wrote

Well it’s either that or cut government spending by massive amounts.

Inb4 raise taxes…look at tax revenues as a percentage of gdp over the last 80 years

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