US President says 'I love the inflation' | Hacker News Reader

US President says 'I love the inflation'

cnbc.com

66 pointsroot-parent11 comments

My salary adjustment didn’t doesn’t keep up with inflation, but his ability to monetize his position in public office far outstrips it. Why would he care? He can point a firehose of public money straight into his own pocket with no consequences.

https://m.youtube.com/watch?v=n7gphyYNsdM

USA is lawless and corruption is rampant, yet no one can stop it because individual consequences are too high.

It's much terrible to live in a country in which your neighbors ejected a complete idiot for president. I know how it feels. Then again, my idiot never got us into a war or said he loved inflation. Nor was he best friends with a pedophile and human trafficker.

> ejected a complete idiot

Don't give us hope.

How I learned to stop worrying and love inflation.

But shhhhh! Iran might read this!

Not sure why this narcissist gaslighter is in the HN feed. Not very thought-provoking content.

But it’s relevant whether we like it or not. This will affect the price of goods, salaries of workers, everything.

Fair, and maybe some people should see this, but the article alone is not that interesting. It quotes the president saying what anyone vaguely aware of politics might already be able to infer. My comment should have been more clear that the article just lacks substance.

Edit: Interesting loss of karma after explaining myself even though the comment scores are unchanged. Totally not rigged voting system...

I miss being able to talk about business more, too, but a lot of people who grew up in the Obama-era tech boom seemed to have a blind spot about how much this macro stuff affects everything we do.

The big money is both piling into a small number of tech companies _and_ demanding layoffs to a degree we didn’t see in past recessions, but unlike in the Bush recession we aren’t going to see consumer demand floating startups, government hiring is dead, non-tech companies are cutting back, and unlike with the web the AI push isn’t going to work the same at the big non-tech organizations as it did two decades ago when there were tons of jobs helping them move online: if AI does have a solid benefit for those companies, it comes in the form of a license more than jobs. You can see that in two ways: all of the people talking about how hard it is to find work, and the flood of App Store submissions but not revenue as a bunch of laid-off tech workers try to find anything which won’t be lost in the noise.

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