[no_wizard]

Isn't this frustrating? Employees of course have the bare the brunt, but god forbid its shareholders and executives that need to scale down their payouts.

Feels so incredibly backward.

And yes I know its "stock performance" but what do you think drives this? With executive compensation mostly related to stocks, of course at the end of the day, thats what they want to drive up.

[rcme]

Employees have to bear the brunt of the effects because those making the macroeconomic decisions are part of the capitalist class. Jerome Powell was a partner at one of the world’s largest private equity firms. Is it any surprise that he’s trying to spin a narrative that employees are paid too much? Isn’t squeezing employees to increase profits what those in private equity typically do?

[908B64B197]

The serious companies have most of their employee's compensation in stock anyways.