this post was submitted on 14 Sep 2023
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Antiwork
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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.
This is a made up figure from the movie The Big Short, it isn't an actual figure, lmao.
Also, this is about Australia.
You are right it that economics is all fake and made up. However there is a nonzero number of deaths and misery we can attribute to every person being miserable and stressed
Add them to the Black Book of Capitalism