I know on some level this is a win in a weird way for us (idk know how to articulate why. I mean I do, but its a lot lol) but let's not forget that this coming recession is going to be BRUTAL for many people. Most likely myself included.
Wishing food luck to all my comrades. Good luck and stay strong. Solidarity
Yup, no one missed that, we're all going to suffer hard times. Lets hope this shit finally ends so we don't have to live another one of these events. Stay safe comrade.
It's gonna be brutal, but it's also gonna be a good wake-up lesson for everyone (bar Boomers). I think Gen-X will get out with some scratches, but the younger generations will be absolutely destroyed (Millenials the most, Zoomers less so but still screwed, probably to the point where Mill's are now).
It's be a good shock to the system in regards to hanging all the politicians and their do-nothing bullshit.
A lot of Gen-Xers will probably get fucked too. Old enough, with good enough careers, to have kids and mortgages and real obligations, but not old enough to actually run the company. And their paychecks are big enough to at least make that possible.
If you're trying to heartlessly cut costs, you target exactly those people: management, but not upper management; bigger paychecks than a lot of younger folks; less desperate and less credentialed than people who've graduated in the last ~10 years.
I can see your point, but on the converse: They entered the job market in the 90's with high-school and college. The previous recession "hurt" but didn't put a strong-squeeze on them. For the most part, their management positions will keep them "safe," in a sense. They're the ones that train the people that bail because they aren't getting paid enough, so they get to keep their jobs (for now).
It really depends on how this wave hits, though: If this wave hits harder than the last one, I could see the X'ers getting cut, but they generally have SOME savings to keep to where they can land on their feet and not on their backside if things go wrong. At least for a little while.
I know on some level this is a win in a weird way for us (idk know how to articulate why. I mean I do, but its a lot lol) but let's not forget that this coming recession is going to be BRUTAL for many people. Most likely myself included.
Wishing food luck to all my comrades. Good luck and stay strong. Solidarity
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Yup, no one missed that, we're all going to suffer hard times. Lets hope this shit finally ends so we don't have to live another one of these events. Stay safe comrade.
Yeah. Just don't celebrate too much. I got laid off with a quarter of the company I used to work for last week.
It's gonna be brutal, but it's also gonna be a good wake-up lesson for everyone (bar Boomers). I think Gen-X will get out with some scratches, but the younger generations will be absolutely destroyed (Millenials the most, Zoomers less so but still screwed, probably to the point where Mill's are now).
It's be a good shock to the system in regards to hanging all the politicians and their do-nothing bullshit.
A lot of Gen-Xers will probably get fucked too. Old enough, with good enough careers, to have kids and mortgages and real obligations, but not old enough to actually run the company. And their paychecks are big enough to at least make that possible.
If you're trying to heartlessly cut costs, you target exactly those people: management, but not upper management; bigger paychecks than a lot of younger folks; less desperate and less credentialed than people who've graduated in the last ~10 years.
I can see your point, but on the converse: They entered the job market in the 90's with high-school and college. The previous recession "hurt" but didn't put a strong-squeeze on them. For the most part, their management positions will keep them "safe," in a sense. They're the ones that train the people that bail because they aren't getting paid enough, so they get to keep their jobs (for now).
It really depends on how this wave hits, though: If this wave hits harder than the last one, I could see the X'ers getting cut, but they generally have SOME savings to keep to where they can land on their feet and not on their backside if things go wrong. At least for a little while.