Rich Guy Donny Deutsch TRASHES 'Soft' US Workforce From His Penthouse

Donny Deutsch, a guy worth $200m who barely has a job, doesn't have to take care of kids, and doesn't have a disability, is complaining to @msnbc (via ZOOM!) about US workers being 'soft' for not wanting to return to a toxic, controlling office culture that he seems to thrive in. Sam Seder and the Majority Report crew discuss this. We stream our live show every day at 12 PM ET. We need your help to keep providing free videos! Support the Majority Report's video content by going to http://www.Patreon.com/MajorityReport Watch the Majority Report live M–F at 12 p.m. EST at youtube.com/samseder or listen via daily podcast at http://Majority.FM Download our FREE app: http://majorityapp.com SUPPORT the show by becoming a member: http://jointhemajorityreport.com We Have Merch!!! http://shop.majorityreportradio.com LIKE us on Facebook: http://facebook.com/MajorityReport FOLLOW us on Twitter: http://twitter.com/MajorityFM SUBSCRIBE to us on YouTube: /SamSeder Sam Seder: All right, let's just turn to this clip. This I found rather amazing. We are now in an era where people are coming back to work to some extent. We still have a lot of things that hold people back, in terms of babysitters, and scheduling and whatnot, but people are are coming back to to work based upon the numbers that we saw last a month in terms of new um, new employment figures. But the other dynamic that's happening right now is that people have used this past year to re-evaluate what's important to them in their lives. There's a lot of people who are saying I'm not going back for that low-wage job that was dead-end; I'm just not going to do it. There's... I've maybe found other ideas on how I can make money. Maybe I can find a different job, maybe it's just not worth it for me to eke out the arbitrage between the childcare and the uh, the job... maybe I'll go without certain things because I want to stay home with the kids. Whatever it is, people are saying, "I don't want to live in that rat race; maybe I don't live in the city, too tough — rather go live in a um, suburban or rural area because I'm not gonna make as much money but I'm not gonna have to work as hard. There's a lot... Emma Vigeland: Or I'm not gonna have to pay as much in rent. Sam Seder: Or i'm not gonna have to pay as much in rent, exactly. You know the cost of living is lower. I mean there's a whole raft of things that people are reevaluating about their lives right now which uh makes sense, total sense, and um that is highly problematic for people who rely on all these people to come in and be worker bees. And here's Donny Deutsch, a guy who made his bones in this world by starting out working on a railroad where he would actually hammer in the nails of the spikes into the railroad track. Oh wait a second... Emma Vigeland: And then at night, he would shovel coal, right? That's what I heard. I mean, he didn't sleep. Sam Seder: Let's listen to Donny Deutsch. Donny Deutsch: What I see, what I feel is there's something changed in the American psyche of what i'll call, just kind of the work ethic. And it's not just $300 check, uh, I think post pandemic, people got used to staying at home. CNBC had a thing that they called a Great Resignation, that I think there's something like statistically 92% of Americans said they're either considering change, would change jobs, or leave their jobs. And I think that we've gotten a little soft in the pandemic. I love the James Gorman, the head of Morgan Stanley said to his workers, "I'm not going to give you the option," this is a separate issue, about people not having jobs, it's about people going back to work, "I'm not going to give you the option of going back to work. If you feel okay going to a New York City restaurant, you can go back to work." And I'm one of these believers of this kind of this new soft attitude of, "Oh, work from home flexibility or whatnot." There's something about people going back to work that has to happen, and if I was still running a company today, I would say, "Guess what? You're coming back to work." So there's two problems: Are the people who don't want to work; there's people who don't want to go back physically to work. And we've softened in the pandemic and that's a concern to me. Emma Vigeland: If he was still running a company, maybe, you know, he wouldn't be so soft himself, right? If he's lecturing everybody else on coming back to work where is he? He's... he seems to be Zooming from home? I don't know. Or maybe that powder-blue wall is... Sam Seder: Pretty hard, pretty hard-scrabble background that he has there. Just to be clear, Donny Deutsch joined his dad's advertising firm in 1983. Six years later, because of how hard he worked probably, his dad gave him full control of the agency, and then 21 years later he sold the company for $265 million. I have no doubt that he worked very, very hard during that time.

الفئة