Bernie Marcus, founder of Home Depot, decimated the young “woke generation”Laziness is a defining characteristic. “office people”They are the most motivated people to work.
In an interview with Fox News, the businessman stated that many companies are having trouble attracting young workers. The phenomenon was attributed to a rising socialistic mindset and an underlying sense of entitlement.
“They don’t want to work. Nobody wants to work anymore, especially office people. They want to work three days a week. It’s incredible. How do you have a recession when you have people that don’t want jobs?”He said. “They’re entitled, they’re given everything. The government, in many cases, if you don’t work, you get as much money as when you did work.”
A Committee to Unleash Prosperity analysis showed that multiple states could receive federal benefits such as supplemental unemployment benefits or food stamp expansions. They also received child tax credits payments and other benefits in response to the recession. A more recent conservative think tank study found that the cost of unemployment insurance and extended medical subsidies could exceed the national median income for families of two or more children in almost half the states.
The World Economic Forum was held in Davos (Switzerland) and featured discussions between corporate leaders and policymakers about the advantages of having a four-day work week. However, the lack of workers is causing inflation to worsen. While the speakers mentioned several studies which showed that workers prefer flexible and virtual work arrangements over traditional ones, others show employers that such arrangement are expensive. In fact, more than 85% business leaders agree that hybrid work will be more cost-effective. “has made it challenging to have confidence that employees are being productive,”A study by Microsoft shows that this is the case.
Marcus, who was also the first Chief Executive of Home Depot, is a strong supporter capitalism and expressed doubts regarding the potential of other billionaires in managing the future of our planet. “I certainly don’t want to see the woke generation coming up, especially the leaders. I’m watching Davos, what happened in Davos, and they’re recommending spending more money on climate control when we don’t have it,”He went on “We’ve already overspent. And if anything, climate control has caused most of the problems we have today.”
Recent arguments by Republicans claim that asset management companies’ efforts to force portfolio companies into quitting fossil fuels has contributed to rising energy prices. Several attorneys general filed motions two months ago with the Federal Energy Regulatory Commission contending that asset manager Vanguard should be barred from acquiring shares in publicly traded utilities out of a concern that the company’s emissions reduction objectives would hike energy prices and decrease grid reliability.
Marcus refutes companies that are obsessed with social goals and not maximizing profit. “We need leaders who are basically thinking about the shareholders and their employees, and how well the shareholders are doing and their employees,”He said. “And I think today it’s all about woke diversity, things that don’t hit the bottom line.”
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