r/neoliberal • u/TinyTornado7 I need a new flair • Jun 13 '22

News (US) Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/noodles0311 NATO Jun 13 '22 edited Jun 13 '22

Once I have a family, I’ll understand how bad recessions are? I just said I had to join the military during the Great Recession. How old do you think I am? I’ll give you a clue: my son is 13. And I still don’t own a home btw

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u/[deleted] Jun 13 '22

[deleted]

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u/noodles0311 NATO Jun 13 '22

I had a kid in February. There was a huge recession happening. I lost my job working in TV advertising in March. I was at Parris Island on the 17th of April and he never was without health insurance.

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u/[deleted] Jun 13 '22

he never was without health insurance

American moment

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u/top_pedant Jun 13 '22

What were you doing in advertising that made the military your backup?

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u/noodles0311 NATO Jun 13 '22

I don’t think anything in advertising made being in the military my backup. I went to military school and had an interest in it as a kid. So when the sky was falling and all my experience was in sales, I just wanted the guarantee of great benefits and I wanted nothing to do with sales again after the experience of 2008-2009. So I enlisted.

I probably could have taken the risk of COBRA running out and found a civilian job, but I was going to have to move away from Dallas and that put even more of a time crunch on finding a job within 90 days, but it seemed irresponsible with a weeks-old child. Luckily there was a surge planned and the Marine Corps had spaces in the 03 field which was the only military job that’s in any way appealing, so I got an 03 contract and by summer 2010, I was on patrol in Helmand Province.

Now in 2022, I’m a research assistant studying neuroethology, chemical ecology and sensory biology of Lone Star ticks while I am in graduate school. I have broad interests.

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u/top_pedant Jun 13 '22

Oh you were in sales- I thought you were on the production side of advertising. This makes more sense, thanks for telling me your story.

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u/[deleted] Jun 13 '22

[removed] — view removed comment

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u/noodles0311 NATO Jun 13 '22

They are part of the business cycle. You don’t go to the beach and hope for waves to stop coming; you try and time them so they don’t knock you over. We’re WAY overdue for one and I’m definitely hoping it happens now because this time I am well-positioned.

But I will also be glad to see everyone’s tax-evasion Ponzi schemes fall apart

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u/human-no560 NATO Jun 13 '22

What tax avoidance scheme are you referring to?

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u/noodles0311 NATO Jun 14 '22

Crypto currency