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November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports (www.cnbc.com)
submitted 11 months ago by to c/usa@lemmy.ml
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[–] 58 points 11 months ago

“Unexpectedly” — as in “We killed all the official government reporting about the economy because it was bad news.”

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    [+] 44 points 11 months ago (9 children)
    [deleted]
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  • [–] 9 points 11 months ago

    Yeah it’s not the most pleasant pill to swallow but most millionaires are working class or small business, even if they look at their paycheck-to-paycheck peers with contempt and vice versa.

    Billionaires are in the stratosphere compared to everyone else’s wealth, and that plus their ability to outright buy governments is our problem.

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  • [–] 11 points 11 months ago (7 children)

    Millionaire doesn't equal business owner. Anyone who's 45 with a decent retirement fund is a millionaire.

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  • [–] 18 points 11 months ago (2 children)

    Um, aren't you doing exactly what billionaires do by assuming everyone is in their same socioeconomic situation?

    Less than 10% of people over 45 have more than a million dollars and and most of those are married couples.

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  • [–] -4 points 11 months ago (3 children)

    Millionaires are the next who shouldn't exist.

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  • [–] 2 points 11 months ago* (1 child)

    Are you talking about people with like 10s or 100s of millions or are you including people with just 1 million? In a number of places, you basically cannot easily buy a house without something approaching 1 million (which is a problem itself).

    Also, I've seen this statement here several times now. Where is the line? 1 million is a pretty arbitrary value, so how many thousands is too much?

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    • [–] 18 points 11 months ago

    Big businesses would love to hire them at half price

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    [–] 10 points 11 months ago

    Where's the "Stock market at record high" article to go along with it?

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    [–] 3 points 11 months ago

    RIPieces Amerikkka.

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