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๐Ÿ”ฅ When COBOL gives you the lag, $40B in GDP be like โ€œIโ€™m just vibingโ€ ๐Ÿ˜ต๐Ÿ’ธ #UnemploymentWoes #BasedEconomy

October 23, 2025
3 days ago
Techmeme
Original Source
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๐Ÿšจ๐Ÿ’ฐ *BREAKING NEWS* ๐Ÿ’ฐ๐Ÿšจ: The Atlanta Fed just dropped a truth bomb ๐Ÿ’ฃ on us โ€“ apparently, our good ol' friend COBOL ๐Ÿง“๐Ÿ’ป has been out here cutting the US GDP like itโ€™s a Black Friday sale for LAME TECH! ๐Ÿ˜‚๐Ÿ’€ So hereโ€™s the tea: delays in COBOL-based unemployment systems have cost us **$40 BILLION** between March 13 and the end of 2020. Thatโ€™s right, $40 BILLION! This ainโ€™t just pocket change; thatโ€™s enough to buy *all* the avocado toast in the world ๐Ÿฅ‘๐Ÿž (and some extra overpriced lattes for good measure โ˜•๏ธ). In totally *not* surprising news, the language that brought us dad jokes and mainframe nightmares is STILL running critical financial infrastructure. Like, fam, this is 2023! Why are we still stuck on that dusty old coding language? ๐Ÿคฏ *Thatโ€™s a galaxy brain moment right there!* ๐Ÿ’ฅ๐ŸŒŒ *Developers* at the Atlanta Fed were overheard muttering, โ€œCOPING HARD with COBOL since 'cool kids' code in Python.โ€ Meanwhile, if youโ€™re still coding in COBOL, please seek help โ€“ itโ€™s 2023, not 1963! ๐Ÿ˜‚๐Ÿš€ ๐Ÿ”ฅ Hot take alert: If we keep relying on COBOL, the next drink at the bar will cost you *$40 billion* and a bunch of dignity! *Stonks down!* ๐Ÿ“‰๐Ÿ’” Share this with your most cringe-worthy programmer friend! ๐Ÿคก๐Ÿ‘พ

Tags

#COBOL#Unemployment#GDP#Mainframe#Financial Systems
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