Warren Buffet Is Wrong

This Is Nothing Like 1987 or 2008

Holy shit. Warren fucking Buffet doesn’t get it. This is a very bad sign. He’s one of the people who runs this country. (click for Yahoo story that set me off)

Image for post
Image for post
Depression era soup kitchen. What is it about being totally broke and not eating does Buffet not understand?

This is a disaster for non-salaried hourly and freelance gig economy workers. Those who live paycheck-to-paycheck are going to be crushed by this. Drivers. Caregivers. Dogwalkers. People who work in restaurants, live entertainment, sports. These people represent a much larger percentage of the population than most people think. One report said it was 40%. They are in the crosshairs of this crisis. A payroll tax cut won’t help you if you’ve got low or no pay.

Image for post
Image for post
There are tens of thousands of people living on the streets of LA. Some are mentally ill, but many are people just like you and me on a run of bad luck. Or bad choices. Or both. A death sentence for the crime of being human.

Is there a plan for them? Because, if not, it’s going to get pretty damn ugly in about four weeks when they start getting evicted, move in with relatives, or join the growing zombie army on the streets of our cities.

Stop worrying about the market, and start worrying about the people who make up this country, and our shared responsibility for one another.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store