That's the bingo card. The economy runs on expectations. I've been thinking about the recent layoffs impacting government. If 1% of the workforce is laid off a

That's the bingo card. The economy runs on expectations. I've been thinking about the recent layoffs impacting government. If 1% of the workforce is laid off at once for no good reason, are the impact restricted to 1% of economy? I'd assume no, because 90% of the other people would start saving just in case. To not have that situation, you would need to be convincing that the impact are only restricted to the people that are laid off, but that isn't happening because they weren't laid off with an convincing cause. So now everyone is cowering because this suddenly looks like something that could happen to them.