Tuesday, 26 Nov 2024

Ex-Home Depot CEO blasts 'socialism' for killing the US work ethic

"Outnumbered" panel reacts to former Home Depot CEO and co-founder Bernie Marcus railing against socialism causing laziness while capitalism helped work ethic.


Ex-Home Depot CEO blasts 'socialism' for killing the US work ethic
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"Nobody works. Nobody gives a damn. Just give it to me. Send me money. I don't want to work - I'm too lazy, I'm too fat, I'm too stupid," Marcus said, describing the lazy work culture to the Financial Times.

Fox Weather meteorologist Amy Freeze said the former CEO might be right in his assessment because government handouts enabled an entitlement culture.

She agreed with Marcus that the government had also killed the entrepreneurial spirit. 

"I agree with him that it's partly the absolute dilution of any type of work ethic on the part of young people, and also in combination the overregulation of the government, so there's no incentive to start your own business," she said.

"People were paid to not work during the pandemic. There's a large swath of people who would love to continue that trend, but with a looming recession, they will not get that luxury," she said. 

Kennedy added there was an entitlement culture among some Gen Z-ers.

"To Emily's point, they don't want the entry-level, they want the c-suite!" she said.

Fox News contributor Dr. Janette Nesheiwat argued capitalism enabled work ethic but government handouts, student loan forgiveness and lockdowns harmed it.

"I think you're right. It was exacerbated with the COVID lockdown, people got comfortable sitting at home, working from home, wanting to get paid more and doing less work, and that's just not how our country operates," she said.

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