The Great Resignation? More Like the Great Renegotiation

Re:The Great Resignation? More Like the Great Renegotiation by c7DJTLrn on Tuesday January 25, 2022 @12:43PM (#30075027)

Come on. Most of the people in first world countries were forced to stay at home and depend on the services that these "elites" provided. How exactly is it unfair that they make more profit from wider reach? A large portion of Americans who received COVID cheques burned it on toys and leisure instead of saving and their money went upwards. How is that unfair?

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Re:The Great Resignation? More Like the Great Renegotiation by claudiulodro on Tuesday January 25, 2022 @12:51PM (#30075194)

> Approximately 159 million economic impact payments, totaling more than $376 billion, have gone out to eligible recipients in the last month — and the majority of that money continues to be spent on groceries, rent and other monthly bills, according to a new survey released Wednesday. [1]

The vast majority of the stimulus money was spent on bills, not frivolity.

[1] https://www.nbcnews.com/business/business-news/how-are-stimu...

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Re:The Great Resignation? More Like the Great Renegotiation by melenaboija on Tuesday January 25, 2022 @01:12PM (#30075542)

Also is even painful to me to think about frivolities and how people spend money when seeing things like this.

“Lamborghini had its most profitable year ever during the coronavirus pandemic”[1]

Each of this cars may be something like 5 years of average salary in US.

[1] https://europe.autonews.com/automakers/lamborghini-had-its-m...

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Re:The Great Resignation? More Like the Great Renegotiation by lostlogin on Tuesday January 25, 2022 @01:23PM (#30075736)

Surely the much smaller individual sums spent on something like Xbox consoles is far greater in the aggregate than a few Lambos?

As soon as you get into rating the worthiness of a spend it becomes a bit puritanical.

The ironic thing is that I mostly agree with you, but judging others ‘wasted’ spend is too slippery a slope to go down.

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Re:The Great Resignation? More Like the Great Renegotiation by melenaboija on Tuesday January 25, 2022 @02:08PM (#30076476)

Yup, I agree with you too and to me the slippery part is to talk about ratios.

Definitely absolute values have a meaning to me, otherwise would not make sense to talk about billionaires and non billionaires and a better classification would be starving and non starving people.

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Re:The Great Resignation? More Like the Great Renegotiation by claudiulodro on Tuesday January 25, 2022 @03:49PM (#30077833)

Interestingly according to the above article, Lamborghini had $1.93B in revenue on 7430 cars, while it appears XBox had total hardware revenue of $2.29B in 2020. A handful of Lambos does seem to be worth thousands of consoles!

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Re:The Great Resignation? More Like the Great Renegotiation by greedo on Tuesday January 25, 2022 @01:12PM (#30075549)

Perhaps people have realized that the PPP program was basically a gift to business? And that the majority of the COVID checks were spent by consumers on normal expenses?

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