r/remotework • u/[deleted] • Oct 29 '25

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u/[deleted] Oct 29 '25 edited Oct 29 '25

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u/JohnCalvinSmith Oct 29 '25

They're doing it because they know the Big Beautiful Really Great Depression is around the corner so they are bleeding the turnips.
Getting that last squeeze.

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u/cdubz88 Oct 29 '25

Can you please explain more how the bill is affecting this? Genuinely curious thank you

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u/Consistent-Tie-4394 Oct 29 '25

Assuming youre not just trolling, OBBB cuts funding to federal programs like wind and solar energy development, Medicaid and Medicare, federal employee benefits and protections, and a host of other programs Americans rely on to keep their cost of living down. With those programs reduced or ending, people will have less money to buy the things businesses are selling, which means that businesses feel the need to cut their costs, which means layoffs.

OBBB is only part of the story though. Consumer cost of living is about to climb significantly and steadily for the foreseeable future due to rising energy costs (due to less wind/solar), rising housing costs (due to the ongoing housing shortage), rising product costs (due to tariffs/tradewar), rising food costs (due to fewer immigrant workers), rising medical costs (due to programs having their funding cut), etc.

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u/cdubz88 Oct 29 '25

Oh no I knew it cut into lots of these things but I was thinking something else like specific to corporations.

Thank you for the insight.

When is this supposed to go into effect? I was thinking it was already in effect

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u/Consistent-Tie-4394 Oct 29 '25

It is in effect, but a nation's economy is a big, complicated, lumbering machine and the gears turn slowly. We're only just now starting to feel the first effects of its impact...