Yes but have you considered that the rich are getting richer and therefore the economy is great? Doesn’t matter that us normal folks can’t afford groceries as long as stocks go up.

Just a fyi…we don’t need to take the rich more, we can literally pay for single payer now. This is what kills me, we already spend 3xs as much in healthcare than any other single payer system out there. We’re more than capable of providing that yesterday if we wanted to, but the insurance companies would shit a brick if we told them to pound sand.

There have been a quarter million layoffs at tech companies at every level for the last year or so.

Pro-tip: Tech isn’t the whole economy. Over-indexing on that one sector–and SV tech companies in particular–is incredibly myopic.

That’s not to say it doesn’t suck for people in the industry (which includes me, by the way), but tech is just one sector that’s experiencing some very specific dynamics (e.g. rising interest rates killing VC investment, overhiring during COVID, the need to goose share prices after stocks reverted to the pre-COVID mean, etc) that should not be extrapolated when considering the broader economy.