Politicians from both sides, and US left-wing icon Alexandria Ocasio-Cortez, have slammed billionaire Tim Gurner’s comments about unemployment needing to rise.
Politicians from both sides, and US left-wing icon Alexandria Ocasio-Cortez, have slammed billionaire Tim Gurner’s comments about unemployment needing to rise.
So? He is a biilionaire. What, besides his reputation among the rabble does he have to loose? Why should he care? Does he need to fear that you will boycot his companies? Not even a bloody revolution in the US could touch him. He will just move to another country.
You can behead the king or members of an aristocracy who's source of wealth and power are stiuated in one coutry, but how do you want to manage that with a billionaire whose wealth is spread all over the world? He will just move to a friendlier country.
But at the same time they're encouraging the loss of jobs to bring down inflation. Everyone likes to talk about interest rate rises cooling inflation but they never mention that the cooling effect is largely a function of lost employment.