141–150 of 376 posts
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What makes you hopeful that this year is like the other years, and not more like something unto itself?
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Not imaginary, I have been sharing info with Congressional reps on this topic who are working on policy, as well as the data on H-1B fraud and use for wage suppression. I haven't even had to pay a bribe ("campaign contribution") to get their ear, which is nice. > How many American-made garments are in your closet right now? This is a tired argument. The electorate was told "not to worry, we're offshoring the low valu…
The question was how many American-made products you own. You are aware we do make many things in America today, right? > Then, they offshored and automated the high value work. Huh? American workers are more productive than ever, and vastly more productive than workers anywhere else in the world.
So! I think it makes a lot of sense to impair the offshoring of these service and knowledge jobs when there isn't a labor shortage and we're likely in a recession. If you need more data, I can provide as much as you would like on this topic.
America’s missing manufacturing renaissance - https://www.economist.com/finance-and-economics/2026/01/06/a... | https://archive.today/3qQUq - January 6th, 2026
The U.S. is losing thousands of manufacturing jobs, analysis finds - https://www.cbsnews.com/news/jobs-manufacturing-trump-tariff... - October 1st, 2025
Trump’s Trade War Squeezes Middle-Class Manufacturing Employment - https://www.americanprogress.org/article/trumps-trade-war-sq... - September 5th, 2025
USA Facts: What does the US produce? - https://usafacts.org/articles/what-does-the-us-produce/ ("Over four-fifths (83.3%) of value added to the US economy in 2024 was via services, for a total of $24.3 trillion.")
USA Facts: The diminishing role of manufacturing in the American economy - https://usafacts.org/articles/diminishing-role-manufacturing... - October 16th, 2020
https://fred.stlouisfed.org/series/JTSJOL Job openings are still very high, ~30% higher than the average for the last few decades.
honest question, because it's something I don't understand well. is it possible the quantity of job openings can mask the quality of jobs openings? if job openings at fast food restaurants goes up 1000% maybe this isn't positive
It makes sense that you wouldn't hire in such an uncertain environment. We have a President using emergency powers to affect sweeping, unpredictable, consequential changes to the economy that can dramatically alter unit economics overnight and completely tank a previously viable business. Within this calendar year, the President's ability to do this may be upended by pending court cases, an election, or both. Followi…
We're learning why government shouldn't be run like a business. Corporate governance, at least in the view of these people, arguably benefits from tyranny in some ways. You have a management structure where people have the ability to cut off your income and health insurance for an indeterminate amount of time for almost any reason. The reasons they can't fire you for are very specific and it's often on you, the now-jobless person, to prove their maleficence. Sounds pretty tyrannical to me.
They thought if they had someone who was used to working within a system like that - and Trump absolutely was, having his name on the building he worked in his entire adult life - it'd allow them to get rid of roadblocks to productivity and increase the value created by their businesses.
Well, as it turns out, an economy is different than a business, and needs to be run according to rules that were deliberated upon by the society at large.
We had people warning about this ten years ago. They were ignored. We had him impeached five years ago. Didn't convict. We had him convicted of 34 felony counts less than two years ago. Didn't sentence.
This is hubris manifest.
https://fred.stlouisfed.org/series/JTSJOL Job openings are still very high, ~30% higher than the average for the last few decades.
Thanks. It is very funny how young people perceive this market. Unemployment is basically lower than it has ever been and people are panicking. Prime age labor force participation rate near all-time record highs. The people are almost dangerously over-employed.
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I hate to break it to you, but corporate profits are rarely affected. They just pass on the costs of the tax directly to the consumer.
Cool, give me as much statute and regulation required to squeeze companies and encourage competition to drive down profits while protecting workers. This system and game is all arbitrary, we can change the rules (of course, with time and effort). If we have to kill some companies to do this, that's acceptable. As someone wise once said, "We may not always succeed. But never will we be accused of lacking the courage t…
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22/50 ~= half. No one claim it was half the population, other than you (strangely). TIL Moody’s Analytics is "doomer FUD".
"Half the US" very rarely means "slightly less than half of the states in the US" without any qualifiers. And yes, Moody's Analytics chief economist is generally known for making wildly inaccurate predictions. Regardless, your take on all of this is what I called doomer FUD, which goes well beyond Zandi's take.
This impacts vulnerable people looking for jobs and makes job search highly inefficient.
It makes sense that you wouldn't hire in such an uncertain environment. We have a President using emergency powers to affect sweeping, unpredictable, consequential changes to the economy that can dramatically alter unit economics overnight and completely tank a previously viable business. Within this calendar year, the President's ability to do this may be upended by pending court cases, an election, or both. Followi…
One of my clients is a midsized logistics brokerage based in LA. Right now is RFP season, where they bid on freight contracts with various existing and potential customers. These contracts are typically one year long. A bid you submit now might be for a contract that goes Sept-Sept. This is difficult even under normal circumstances because you have to predict what carrier (trucker) rates will be in the future. You al…