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What Happens When the Competent Opt Out?
Charles Hugh Smith blog: oftwominds.com ^ | Jun 4, 2023 | Charles Hugh Smith

Posted on 06/06/2023 9:15:24 AM PDT by MeganC

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To: MeganC

This is happening at Microsoft with all the white competent engineers replaced by H1B Indian programmers.


41 posted on 06/06/2023 10:16:03 AM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: gibsonguy
Those last two months will feel like twenty years

It ALREADY feels like 20 years!

42 posted on 06/06/2023 10:19:27 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: usconservative

Start calling in sick all the time, reduce your job performance by 90%, take many naps on the job, start watching netflix on yer phone during work, play Candycrush, be late 75% of the time....

maybe then you could get in on that layoff..


43 posted on 06/06/2023 10:20:27 AM PDT by mowowie
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To: Clutch Martin

That’s because they are gambling/hoping you croak before you draw a

If you need the money then take it. If you don’t need it take it anyhow and invest it. You don’t break even until 78. Heirs can inherit your investments but not soc security.


44 posted on 06/06/2023 10:21:23 AM PDT by Bonemaker (invictus maneo)
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To: Clutch Martin

It’s 67 for me, not going to wait that long. The men in my family die around 72 years old. No way I’m waiting!


45 posted on 06/06/2023 10:21:57 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: MeganC

this also describes why companies fail.

If there are problems that the company is not addressing and there is a clear company culture problem—that won’t be solved by the current leadership—then the best people bail first because they can.

In any organization, the top 10 percent of the people do 50% of the work.

When the top 10% of the people leave —that doubles the work load of the remaining people.

As a result, the next group of most competent people leave—and so on.

Pretty soon the company that was a shining star ten years before is has now taken a 95 percent cut in share price because of collapsing profits.


46 posted on 06/06/2023 10:26:19 AM PDT by ckilmer (ui)
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Comment #47 Removed by Moderator

To: Clutch Martin

When I bailed out early at age 60, the company I worked for made up the no SS difference between age 60 to 62 as an extra incentive to take early retirement until I turned 62.

We had a great CPA, and she checked on how much past age 62 my parents made it. My Dad made it to age 72, and my mother was still alive and working part time. She said to take the early SS and never look back.

I listened to her, and now I’m 84 and still getting my SS. I started getting social security a little past age 62.

We convinced our mothers to start their SS and to work as consultants with their current employers. They both lived until they were 87.


48 posted on 06/06/2023 10:39:03 AM PDT by Grampa Dave (We have no shortage of experts, who state thotings as fact, but really have no idea!)
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To: eboyer
who is John Gault?

Regards,

49 posted on 06/06/2023 10:39:24 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: MeganC

See: Idiocracy 2006

The plot has U.S. Army Librarian Joe and female companion Rita, a prostitute, selected for a government hibernation experiment.

After they are put in their chambers, illegal activity shuts the experiment down, and the two characters are left in their chambers for over 500 years.

When they wake up, they find they are in a vastly different United States.

Critical thinking has been eliminated, overconsumption is expected, and social expectations have long since stopped intelligent people from reproducing.

With the United States needing leadership, Joe and Rita work to become President and 1st Lady and start reintroducing intelligence into society.


50 posted on 06/06/2023 10:44:54 AM PDT by CaptainPhilFan ( Bring back insane asylums)
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To: MeganC

I am in Galt’s Gulch right now


51 posted on 06/06/2023 11:05:33 AM PDT by mjp (pro-freedom & pro-wealth $)
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To: mjp

series? i flew over the gulch and didn’t see anybody there.


52 posted on 06/06/2023 11:19:28 AM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )
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To: MeganC

“ It doesn’t matter what flavor of ideological purity holds sway—conservative, progressive, communist or religious…”

This is false, the purity requirement only, ever, goes in one direction, toward the progressive and fascist/communist. It is completely false to even suggest ideological purity requirements in any other form. In American society and government…and the corporate world that universally accepts the social dictates of the Left… requirements only exist to ensure acceptance and loyalty to the progressive/fascist/communist cause.


53 posted on 06/06/2023 11:20:17 AM PDT by Scott from the Left Coast (“We should not assume civilization is robust”)
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To: teeman8r

Well, you wouldn’t, would you?


54 posted on 06/06/2023 11:29:23 AM PDT by HartleyMBaldwin
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To: MeganC

“I aint going to work on Maggie’s farm no more.” I was an RN. They tried to force vaccines on us in 80s and turned us into computer check box markers that took longer than hand written assessments and nurse’s notes. Seems we were being phased out. I was making 6 figures when I quit. They can’t pay me enough for that heinous field. If a nurse can’t do her job without consulting an algorithm, she’s just a robot anyway.


55 posted on 06/06/2023 11:29:44 AM PDT by pops88 ( Helping usher the glory of God into Las Vegas)
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To: Clutch Martin

With the talk of SS becoming insolvent, it makes sense to take it while it’s there.


56 posted on 06/06/2023 11:37:26 AM PDT by SauronOfMordor (The rot of all principle begins with a single compromise.)
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To: HartleyMBaldwin

hehehe...


57 posted on 06/06/2023 12:18:46 PM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )
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To: Clutch Martin

There is no one size fits all answer to the “when to collect SS” question.

The SS office should not have been giving any recommendations without knowing all the facts of your situation.

I waited until 70 to collect but my situation was:

—Both parents lived well into their nineties and I am in excellent health.
—I could afford to wait—didn’t need the money early
—My wife SS depended on my SS when she retired—wanted to maximize that number—a win win


58 posted on 06/06/2023 12:29:41 PM PDT by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: MeganC

“What Happens When the Competent Opt Out?”

They don’t necessarily opt out, they are ineligible due to ESG. Hiring less competent people due to affirmative action or diversity goals results in lower company performance. Also these lower quality hires MUST eventually be promoted to management. Such managers are unlikely to hire anyone smarter than themselves, so the deterioration accelerates. For an example see the Biden regime.


59 posted on 06/06/2023 1:14:54 PM PDT by Brooklyn Attitude (I went to bed on November 3rd 2020 and woke up in 1984.)
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To: ChessExpert
"Some Blacks were advanced prematurely."

Uggh, even some at FR are capitalizing "black."

60 posted on 06/06/2023 1:30:56 PM PDT by SeafoodGumbo
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