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Employment is actually one of the clearer ways to understand our perpetual headwind.

There are two companies. One company absorbs the other. It doesn't matter why.

Afterward, the combined company has ALL these costs. All these children getting fed, all these pets receiving care, all these aging parents being supported.

That's expensive. The company doesn't want that at all.

So it makes a little spreadsheet and cancels as many obligations as it wants. Unilaterally.