Story Shifts to Economic Survival, Pivots from Mau-Mauing

Liberation Day was to be the time of clarity, when business could size up the economic impact of the Trump administration tariffs. There has certainly been plenty of clarity. At times, this day after, the Dow plunged 1,500 points. 

How bad will this get for their nest eggs, Boomers and Gen Xers ask, horrified. Sure, they can consider unretiring. But, come on, even those low-paying gigs are harder and harder to land. New college graduates, shut out from entry-level knowledge work, are grabbing them. 

Those still with jobs have even more reason to fret if those will hold up. Today auto corporation Stellantis announced the temporary layoff of 900. What other businesses will make such announcements - and soon? 

Abruptly over could be those plans to take that vacation, have that baby or, yes, buy a new car. Of course, in an economy driven by consumer purchases, that's a dangerous trend. Yeah, things could get that bad.

So, this shift to brute survival means that legacy media like The New York Times, tabloids such as Abovethelaw/RollonFriday and social networks like Blue Sky will have to move on other narratives. And, for example, they have to let go of the chasing for page views with the hammering of law firms which did deals with the Trump administration. Who cares, not anymore.

Along with that, those junior lawyers who "mau-maued" Skadden, Paul Weiss, Willkie and Milbank now could be preoccupied with their own employment security. 

Business is in a panic mode. I hear the terror during my intuitive coaching/tarot-reading sessions. Obviously they will back off from undertaking any elective legal actions.  M&A, down 15%, could fall off the cliff. 

The same kind of shift took place mid-1970s. A stunner of a recession forced noisy contingents of mau-mauers into absolute conformity with what it takes to get and hold a job. We circled back to the behavior of our Great Depression parents. We assumed we would never do that in our own lives. 

Need help sorting out how to make a living? Complimentary consultation with intuitive coach Jane Genova (text 203-468-8579, email janegenova374@gmail.com).


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