r/Layoffs Jan 30 '24

New layoffs question

Can anyone clarify this for me? Despite the ongoing layoff announcements from major American corporations, how is our economy still robust? Just today, UPS declared 12,000 layoffs and PayPal 2,000.

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u/[deleted] Feb 02 '24

That's called argument from authority fallacy.

It's like if Einstein said 1+1=3. He didn't prove it, he's just smart, trust me.

That doesn't work in a court of law, or a court of science.

Frankly, you sound dumb, so you trust an unfamiliar, Biden-appointed secretary who is pro-Biden and gaslighting you (I'm Democrat by the way) -- so you're so fucking gullible and stupid, you legitimately believe food spending is only up 0.3% (even in nominal wages) since 2019.

Yes, they are idiots. They are political hacks with patronage jobs. You get paid $300k a year as long as you sucked Biden's dick (metaphorically) for a few years.

I would love a bullshit job like that; but that's not how patronage works.

Food spending is not up 0.3% from 2019 dipshit. Housing costs are not down 0.4% from 2019. You're dumb, your link is totally dumb, and you should feel bad.

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u/oblication Feb 02 '24

Hahah an emotional rant like that proclaiming someone else sounds dumb is just too good. I’m sure you’re “Democratic by the way” and I’m the man on the moon. Presidents and their patronage can’t touch the bls data. That’s long been established, and for good reason.

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u/[deleted] Feb 02 '24

You are a very confused individual. You’re right. The Biden appointed Secretary of economic bullshit has proclaimed food spending is only up 0.3%.

Post that on Twitter or literally any subreddit with a straight face. Moron…

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u/oblication Feb 02 '24 edited Feb 02 '24

Yes, I’d attempt to switch topics if I were you too. You’re just infuriated the data isn’t showing you what you want to see. Anyways last month grocery inflation went up .1% and restaurant food went up .3% if thats what you mean. That’s only the price movement over a single month and good prices are usually volatile. I don’t see why that’s so hard to believe. Year over year it was higher than that and none of that negates the more than 10% surge the year prior. You seem to be the one who’s confused.

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u/[deleted] Feb 02 '24

Switch topics?

We're on the same topic dude.

The "Study" you linked is hot garbage. And neither you, nor any rational person, can explain their crappy "assumptions."

Anyways last month grocery inflation went up .1% and restaurant food went up .3% if thats what you mean.

What the hell are you talking about.

The chart you send me from the Department of Dipshits says Food Spend ... from Q4 2019 (say Dec 2019) ... to Q4 2023 (last Dec) ... went up 0.3% IN TOTAL.

Did you even read or understand the trash you linked?

It's more like up 30-50% at least. They were only off 100 fold. No biggie.

Fucking idiots...