dtdimond's comments

dtdimond | 3 years ago | on: Layoffs Are Cruel and Don't Work

Group 1: companies in a good enough financial situation to not need layoffs Group 2: companies in a dire financial situation requiring layoffs

After 3 years, what group would you expect to perform better financially? And if we told you it was a tie, you might ask: what did group 2 to improve their situation? Layoffs? Ok, sounds like they worked.

dtdimond | 3 years ago | on: Ask HN: Which startups are thriving in the downturn?

It's always been hard for people in those income buckets. But if the question is: are we in a massive economic downturn over the past half year, it's really hard for me to look at the data and answer with a yes.

One thing I'm looking at is:

https://realtimeinequality.org/

And that's showing that for the first time in over a decade, the bottom half is seeing real wage/wealth gains, even after recent inflation. Am I missing something? Because your sentiment is the more common one.

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