We need to see guillotining of CEOs jump 40-50%.

Counterpoint: maybe he needs to learn that he'd be nothing without the backs of the workers for him to stand on.

Just want to clear the record and say that every business owner thinks this, it's just that this jackass has the stupidity to say it out loud. They don't want to pay more, which has become a necessity since the pandemic due to low unemployment rates. By having a larger labor pool, they can cut wages to take advantage of people's desperation.

This is the "Millenials eat too much avocado toast" guy. He lives on rage bait and generating headlines.

This is the guy that made the original avocado toast comment. He is prime eat the rich material of ever there was any.

I heard "Let them eat cake."

Both in the sense that this is a bullshit thing to say, and in the sense that this is the sort of thing that, if misquoted, could get innocent (at least of saying something like that) people hurt.

He should see what we did to the czars and repeat himself.

For everyone saying "A 50% increase in unemployment would only take us from 3.8% to 5.7%, that's not bad" keep in mind that 37,000 people die for every 1% increase in unemployment. This man is essentially wishing for the deaths of 70,000 americans.

Edit: just realized he's probably talking about Australia from his accent. Not sure about the numbers for Australia on unemployment deaths, but I imagine the point should still stand.

We need to remind people that they work for the employer, not the other way around

This angers me. If it wasn't for employees many employers be living in a box under the turnpike, because shit doesn't get done by wishful thinking alone.

We need to remind people that they work for the employer, not the other way around.

Employment is a mutually-beneficial agreement. I pity whoever has that CEO as a boss that thinks so lowly of their subordinates. We need to remind employers that they also depend on their employees.

Holy shit what an actual psychopath

Not agreeing with the sentiment, but your title is wrong, OP. He didn't say unemployment should be 40-50%. He said it should increase by 40-50%, which equates to a move from 3.8% to 5.7%

This goes right into my spreadsheet of examples how winning at capitalism does not require much intelligence or foresight. In fact, too much of either hurts your chances.

Keep in mind that “jump 40-50%” is not the same as “unemployment at 40-50%”…your headline is sensationalist (or just a misunderstanding of the numbers). This guy’s take is still absurd, regardless.

He needs to see pain in his life.

Does he really not understand that employers make their money from their employees?

Tim is literally a freeloader making money off of other people's labor... scum. . .

So like, how would one go about trying to figure out where this guy lives?

If I see this fuckwit in the street I’m laying him out.

So I guess that means corporations are actually hoping for a recession so they can "tighten the belt" and fire some workers and the remaining ones will work extra hard to make up the difference. Again.

The beatings will continue until morale productivity improves.

Edit: Sorry, morale is irrelevant.

He is free to stop hiring if he thinks that way. If unemployment jumps it's because business is in the shitter.

Who's taking bets on how long until this guy's head is left in a box for another billionaire to open?

A 1% increase is associated with 37000 additional deaths. 40% unemployment would be classicide.

Counterpoint: Guillotines

He is a fucking Property Developer. That is the definition of someone who doesn’t actually do any real work.

I don't know what parallel universe this idiot is living in but nothing has changed over here. People know they work for an employer, we sure as hell know the employer doesn't give a rat's arse about their employees, we'd like them to, but we know they don't.

What's he on about?

Anyway he's a property developer so I think that perhaps his opinion is somewhat biased, and therefore should be ignored.

No, that's completely wrong.

He said it should go UP by 40-50% ie about 6% - which is still low by Australian standards.

Unemployment averaged 8% in the 1980s and 10% in the 1990s.

Or maybe it’s really just time to eat the rich?

Yeah, let's see how many of these guys survive when unemployment is at 50% and people are starving and desperate.

"Eat the rich" will become a much more literal rallying cry.

While the guy is an asshole, your title is grade A bullshit and a warping of his actual words.

He said a jump of 40-50%, meaning that if there's 5% unemployment, he wants to push it to 7,5%.

His whole talk is horrible and disgusting enough without you misrepresenting it.

Wow that guy looks like a creep

Big Fight Club moment.

He's in luck. The [b]ankers started trying to make it happen earlier this year: https://www.theguardian.com/...

He'd go well with some rosé wine and sauteéd onions on the side.

🧐🍽🍴🔪

The Fed and the federal government will give him exactly what he wants.