24% of the labour pool are at risk.

The golden handshake on offer will be irresistible to many of the parasites who have TDS and don’t want to return to office.

But play this forward - what are these people going to do?

They have no real skills, their education is worthless, they have expensive lifestyles with mortgages and car notes, they don’t have savings.

I’m all for ripping the bandaid off but think through the consequences, because these people won’t suffer alone - the whole economy will.

There are no jobs for them to go to.

Sprinkle in some tariffs with who knows what impacts, deportations removing cheap labour, and grenades going off in the stock market..

In the end it will be great, but this is a road to a lot of pain first, starting in the US but reverberating around the world.

How are you going to ride this out and thrive? #asknostr

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Needs to be combined with massive income tax cuts to the productive so they can keep the restaurants and bars, gyms, etc afloat

Definitely. But that’s not going to stop the banks from crashing when this 24% start defaulting on mortgages and car loans - no-one is insulated from a full-on bankrun.

Well no-one except Bitcoiners..

Bail ins

When you start drinking you see the good effect first, and the bad effect much later. This makes the road to alcoholism easy and probable for many.

On the other hand when you quit drinking you see the bad effect first and the good effect much later hence the reason it is hard to quit. MANY GIVE UP AND RESIGN TO LIFE LONG ALCOHOLISM.

Seem you want the country to give up?

If you think I don’t want this, you haven’t followed me.

I read the bottom of your post. Your position is not what I was calling out.

Ok Let’s have a gedanken experiment:.

There are makes and takers. ALL government employees take from the treasury.

Letting them go even if only 10% become productive wage earners and tax payers is a net positive.

They are not tax payers as their entire salary is an expense to the treasury. Even if they file a tax return.

Let’s do some math:

Gov employee salary + benefits $140,000.

Fired.

Gets private sector job at $75,000

Pays 12,000 in personal income tax

Net benefit to treasury is actually $158,000.

But really much more because that company he/she work for will profit on average another $14,000. Which the gov will get 15-28% of unless it is reinvested for more economic growth.

>“Let’s do some math:

Gov employee salary + benefits $140,000.

Fired.

Gets private sector job at $75,000

Pays 12,000 in personal income tax”

Ok, now let’s do some reality.

Where is the parasite that was on $140,000 + benefits for their bullshit job in “International Development” which they’ve been doing for 10-15 years going to get a $75k job in the private sector? Which industries need that “””skillset””” and are going to hire them in this environment?

Or the $140k DEI manager who did gender studies at some mid-tier University and has never done a productive thing in their lives - who is hiring them?

You’re thinking about people as interchangeable widgets.

They’re not.

These are USELESS people. Their existence was entirely subsidised and that is baked into the economy so when that rug gets pulled, all the dominoes go with it.

You most likely win this argument. The current TRUE state of reality in the US is VERY SAD.

I guess like communism, austerity only works in theory.

🫂

So I guess that brings us to a Winston Churchill quote: “If you’re going through hell, keep going”

This is something I’ve been thinking about. Bitcoin is only half of the answer. The other half is building healthy relationships with family and learning practical skills (personally it is horticulture).

I’m probably missing a lot, so staying curious is also important.

I reckon the more that you and yours are outside of the system - particularly wage slavery where ppl are dependent on the system chugging along and their next pay cheque coming in - the better off you’ll be.

Some people and families will go to poo immediately because they’re stuck in the system entirely. The kind of ppl who fought over TP during Covid because they never thought anything bad could happen.

The more food you produce the more you can help your people. It’s a good focus to have!