Disaster US Federal Reserve taps Xbox CEO Asha Sharma, who just laid off 3,200 employees, to lead task force on jobs - Appointed by Warsh, who was appointed by the Orange Nigger

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US Federal Reserve taps Xbox CEO Asha Sharma, who just laid off 3,200 employees, to lead task force on jobs​

By Lincoln Carpenter
Published 5 hours ago

The Federal Reserve says its newly-announced task forces represent a "commitment to price stability and maximum employment."
The Board of Governors of the Federal Reserve, the body overseeing the implementation of United States monetary policy, has announced the creation of five task forces intended to evaluate and improve the Fed's operations. In a press release, Federal Reserve Chairman Kevin Warsh named the "external advisers" who will lead each task force, ranging from economics professors to AI investors and corporate executives—executives like Xbox CEO Asha Sharma, who will preside over a task force on employment and productivity.

Yes, that Asha Sharma. The Asha Sharma who, just three days ago, announced an Xbox "reset" that will see roughly 3,200 of her employees lose their jobs by the end of the 2027 fiscal year—a reorganization that remaining developers are reportedly convinced will cause irreparable damage to some of the company's most valuable brands.

Sharma will be one of three leaders heading up the Productivity and Jobs task force, which will "assess the economic impact of new general-purpose technologies, including artificial intelligence, to inform the Federal Reserve's policy judgments." She'll be joined by Stanford economics professor Charles I. Jones—"currently on leave at Anthropic"—and Marc Andreessen: tech VC, major AI investor, and guy who believes you can improve an LLM's results by simply instructing it to be very, very smart.

"The Federal Reserve's commitment to price stability and maximum employment is unwavering. As is our resolve to pursue our mandate with rigor. The US economy has changed significantly over the last generation, and never more so than right now," Warsh said, deploying a sentence that definitely made sense. "Each task force will carefully consider whether policymakers' means and methods, analytical tools, and policy approaches can be improved upon. I am honored that the best minds from a range of disciplines have agreed to work with us to sharpen our performance as an institution."

Considering Sharma announced that Mojang and King—two of Xbox's most valuable operations—will now report directly to her, I'm impressed that she'll be able to find the time. According to the Fed, we'll be able to follow the task forces' work in updates "posted periodically" on its website.

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tl;dr: The orange nigger SUCKS at appointing people. Yes, I am aware he did not appoint this jeet. But it was HIS Federal Reserve pick Warsh that appointed the jeet.

The orange nigger SUCKS.
 
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MAGA means India first or Israel first. But never America first.
 
Mr. Zed da Robot Poon Fed dijo:
It really doesn’t.

Trump appointed a bunch of businessmen for his Council of Advisors on Science and Technology, which includes Mark Zuckerberg, you know, the fucker that blew $73 billion on the Metaverse, a product no one wanted. And for Microsoft, Sharma isn’t even a gamer.

He’s basically all business, or at least that’s what he makes himself out to be. If that means selling out his own countrymen for a bunch of pajeets he can hire as cheap labor, he and Kevin O’Leary will do so.

Republicans have no problem blowing golden opportunities.
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Indeed. We appear to be entering the twilight years of the MAGA movement, before it completely dies for good never to come back by the end of the current administration.

Again, we all owe TES an apology.

Gandhi's Left Hook dijo:
She does look as to be groomed for the position. She will be a disaster and normie faggots will eat it up because she's got a nice rack.
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AOC will be the most beloved president in history, our protests be damned. The vast majority of people in America are far-left communists who will unconditionally support everything the DSA does.

If you, as a right-winger, aren't spiraling into a sea of blackpills, you aren't paying attention.

Agamemnon Busmalis dijo:
This will surely help the affordability crisis.
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The entire Trump administration was a mistake.
Fatpacks dijo:
Nobody can afford gas.

Nobody can afford groceries.

The police state has never been closer.

Charlie Kirk is dead and with him went the last remaining link the GOP had to the American youth.

The Fed is going all in on jeets.

But sure, Trump, keep talking about your 500th vanity project.

MAGA is dead.
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She was raised by a single mother who had an entry level job but somehow was hired in marketing at S.C. Johnson at 17 before even starting college.

Edit:
How did you get started in that field?
I stumbled onto my first “business” job at SC Johnson when I was 17 years old. I had the honor of fumbling through a balance sheet in the finance department before transitioning to the marketing and sales arena.
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https://www.seattletimes.com/explor...cool-job-as-chief-operating-officer-of-porch/
 
Última edición:
The game at the fed is to overestimate productivity gains in the economy and underestimate unemployment. Warsh wants to re-construct the fed so that the ONLY thing it ever looks at is inflation in the economy. And it doesn't really matter who he appoints to do this work. The end product is going to be the same. its already decided.
 
Strix454 dijo:
The game at the fed is to overestimate productivity gains in the economy and underestimate unemployment. Warsh wants to re-construct the fed so that the ONLY thing it ever looks at is inflation in the economy. And it doesn't really matter who he appoints to do this work. The end product is going to be the same. its already decided.
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Don't worry, USPG will somehow try to point the blame at the podcasters and the mean scary TES trolls.

Fuck Donald Trump.
 
Jango Fett dijo:
tl;dr: The orange nigger SUCKS at appointing people. Yes, I am aware he did not appoint this jeet. But it was HIS Federal Reserve pick Warsh that appointed the jeet.

The orange nigger SUCKS.
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This is some 4D CHESS right here.

General Emílio Médici dijo:
Why? Her solution is more H1Bs and you know it. No need to bring her over.
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You will be replaced and like it. I'm almost happy they're obvious about it.
 
Barn Cat dijo:
"Sharma has no professional experience in the video game industry. And her personal experience with Xbox also seems somewhat limited; after sharing her Gamertag on social media over the weekend, curious gamers found that her Xbox play history dates back roughly one month." archived source

And now this? Quite perplexing.
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She is a perfect example of failing upward. I know that Xbox's downfall didn't START with her, but she damn sure isn't helping matters. Now, she has a potential gig in the government regarding job labor.

You know damn well her kind will just hire more Indians. Win-win because it's cheaper.
 
The Last Stand dijo:
She is a perfect example of failing upward. I know that Xbox's downfall didn't START with her, but she damn sure isn't helping matters. Now, she has a potential gig in the government regarding job labor.

You know damn well her kind will just hire more Indians. Win-win because it's cheaper.
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Electing Trump was the biggest mistake the right has ever made. Americans lost for good the second he took office.
 
The FED no longer matters as much as it did. Interest rates going forward are going to be driven by what is required to refinance the national debt on a yearly basis. The size of the debt and the shift to frequent rollover short-term debt makes all of this inevitable. The bonds have to be sold. That is all that matters now.
 
If you actually read the press release, she is one of three leading the task force. It's stated policy is to "Assess the economic impact of new general-purpose technologies, including artificial intelligence, to inform the Federal Reserve's policy judgments.", so she would have to be very creative on trying to spin the advancement of AI into a way to hire more Indians. I honestly think she won't do much (:optimistic:) and it'll be a footnote on her resume.

It should be noted that Raj Chetty (Data task force) and Raghuram Rajan (Balance Sheet Policy task force) are also jeets, though they seem to be more qualified.
 
Evil Whitey dijo:
If you actually read the press release, she is one of three leading the task force. It's stated policy is to "Assess the economic impact of new general-purpose technologies, including artificial intelligence, to inform the Federal Reserve's policy judgments.", so she would have to be very creative on trying to spin the advancement of AI into a way to hire more Indians. I honestly think she won't do much (:optimistic:) and it'll be a footnote on her resume.

It should be noted that Raj Chetty (Data task force) and Raghuram Rajan (Balance Sheet Policy task force) are also jeets, though they seem to be more qualified.
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What's gonna be your cope when more Americans inevitably get fired and replaced with street shitters?
 
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