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How Tesla Layoffs Exposed the USA economy
I share my thoughts on Tesla's recent layoffs, despite their huge profits. This got me thinking about the bigger issues with the American economy and how government subsidies and tax breaks can boost company profits. I explain how CEO pay is often tied to stock performance, leading to decisions like layoffs to keep stock prices high, even if the company is doing well financially. I also discuss the downsides of not having unions, how companies use government support for their own gain, and the broader effects of neoliberal policies on workers and consumers. Plus, I share my thoughts on the complexities of the financial system and the challenges of regulating it effectively. My goal is to shed light on the many layers of corporate practices, government support, and their impact on society.
0:00 Why I hated the Tesla Layoffs!
01:55 Severance Pay
02:15 Jack Welsh
05:14 Why big business hates unions
06:38 Government Help
12:18 Nobody fully understands the economy
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