this post was submitted on 14 Sep 2023
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Property developer and CEO Tim Gurner: "We need to see unemployment rise. Unemployment has to jump 40, 50 percent in my view. We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around."

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[–] baggins@lemmy.ca 66 points 1 year ago (1 children)

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

[–] Ertebolle@kbin.social 10 points 1 year ago (1 children)

Adding 40% to 0 is still 0 - we need to add, like, a million %.

[–] bdonvr@thelemmy.club 4 points 1 year ago* (last edited 1 year ago) (1 children)

I hate to break it to you, but 1,000,000*0 is still 0. And before you ask, yes so is 1,000,000,000*0

[–] Wiz@midwest.social 6 points 1 year ago

OK double it then

[–] cjo@lemm.ee 23 points 1 year ago (1 children)

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.

[–] Maeve@kbin.social 9 points 1 year ago

Absurdly evil af.

[–] Rocketpoweredgorilla@lemmy.ca 21 points 1 year ago* (last edited 1 year ago) (3 children)

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.

[–] Salvo@aussie.zone 5 points 1 year ago

He does not understand economics.

He is a “Property Developer”. In his “perfect world” of employees working 16 hour days and not getting paid, that also means that half of the rental homes do not have tenants, half of small businesses in shopping centres don’t have customers and half of all his “Developed Properties” are empty.

He is just a Fuckwit who was given a silver spoon and doesn’t actually comprehend how reality works.

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[–] deconstruct@lemm.ee 20 points 1 year ago (2 children)

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

[–] shasta@lemm.ee 5 points 1 year ago

Yeah I'm not giving this guy a second thought. He's just an idiot

[–] mp3@lemmy.ca 17 points 1 year ago

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.

[–] jaiden@lemm.ee 9 points 1 year ago

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.

[–] Salvo@aussie.zone 9 points 1 year ago

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

[–] Andjhostet@kbin.social 7 points 1 year ago

Counterpoint: Guillotines

[–] natecox@programming.dev 7 points 1 year ago

Engineering manager here: I am very lucky to have my team, I need them more than they need me, and I think anyone saying otherwise is fooling themselves.

[–] gbuttersnaps@programming.dev 7 points 1 year ago* (last edited 1 year ago) (4 children)

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.

[–] selokichtli@lemmy.ml 6 points 1 year ago

Yes, deaths, but also wishing for poverty and misery. What a humane soul.

[–] NoneOfUrBusiness@kbin.social 0 points 1 year ago (1 children)

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.

Wait really? How?

[–] gbuttersnaps@programming.dev 3 points 1 year ago

Economic instability has been found to increase overall mortality, infant deaths, fatalities from cardiovascular disease, cirrhosis, suicide, and homicide as well as morbidities, alcoholism and admissions to mental hospitals. M Harvey Brenner has publications studying the phenomenon going all the way back to the 50s if you're interested in the scientific literature.

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[–] PixelProf@lemmy.ca 6 points 1 year ago* (last edited 1 year ago)

The beatings will continue until ~~morale~~ productivity improves.

Edit: Sorry, morale is irrelevant.

[–] Grayox@lemmy.ml 5 points 1 year ago (2 children)

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

[–] foo@programming.dev 3 points 1 year ago

He isn't even self made. His grandfather gave him a loan and his boss supported him in his initial start

[–] ComradePorkRoll@lemmy.ml 2 points 1 year ago

I'm pretty sure even Adam fucking Smith would think he's a bastard.

[–] Pulptastic@midwest.social 4 points 1 year ago* (last edited 1 year ago)

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

[–] jdf038@mander.xyz 4 points 1 year ago

Wow that guy looks like a creep

[–] dylanmorgan@slrpnk.net 4 points 1 year ago

He needs to see pain in his life.

[–] Plibbert@lemmy.ml 3 points 1 year ago

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

[–] Kichae@kbin.social 3 points 1 year ago

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.

[–] Endorkend@kbin.social 3 points 1 year ago (1 children)

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.

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[–] Szymon@lemmy.ca 2 points 1 year ago (1 children)

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

What's in the box, Elon?

[–] 5in1k@lemm.ee 1 points 1 year ago

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

[–] artisanrox@kbin.social 1 points 1 year ago

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

🧐🍽🍴🔪

[–] Tischkante@discuss.tchncs.de 0 points 1 year ago

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.

[–] Uniquitous@lemmy.one 0 points 1 year ago

Big Fight Club moment.