Earlier quoted context omitted.
tariffs on goods are mostly noise. if there were tariffs on services, though...
Just noise that puts people out of business and livelihood.
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US economy unexpectedly sheds 92k jobs in February
321–330 of 836 posts
Re: US economy unexpectedly sheds 92k jobs in February
#322Earlier quoted context omitted.
There is a significant majority of people in Canada who not only vocally decided to not go to US but discourage their friends from doing so too. People have judged me for driving through the states.
My mom's condo complex in Hawaii used to have many owners from Canada. Over the last year, the number of units for sale has probably 10x'd from previous years.
Are people from Qatar and UAE now buying these? Seems these are our new allies now
Re: US economy unexpectedly sheds 92k jobs in February
#323Earlier quoted context omitted.
This is true in most scenarios, and the opposite is also true – that Americans are famously friendly, and even though Canadians may not want to visit to make a point, I think even they would agree that most day to day interactions they'd have would be warm and welcoming. There might be a bit more hockey ribbing for the next few weeks, but I know there's a ton of respect for Canada's team. At the end of the day, the i…
I am also a Canadian who has decided not to visit the US until further notice, and honestly, I'm sad about it. In my 20+ years of regularly travelling to the States, I've almost always had great interactions with the people I've met in all parts of the US I've visited, and I've been all over. "Warm and welcoming" is a very good description. I hope to be able to visit again in the future.
I think you’re all within your right to keep your distance from us. Our disgraceful leadership, even if it doesn’t accurately represent our people, we must suffer under it but no reason for you to do the same. We just hope you’re aware it’s only a few more years and we can begin to heal the whole relationship with more sane leaders that hopefully do see the strength and value in a positive relationship with a northern neighbor.
If not, please send help or accept our political refugees because we will have become permanently screwed if this behavior continues past our current orange phase.
Re: US economy unexpectedly sheds 92k jobs in February
#324Re: US economy unexpectedly sheds 92k jobs in February
#325Earlier quoted context omitted.
Absolutely, my partner would love to visit national parks south of the border this summer but we decided we'd much rather spend our money in our own economy for the time being. That's not even considering the risk getting snatched by immigration anywhere in the country.
There’s a decent chance the national parks will still be there in a couple years anyway. Well, I guess, they might have been auctioned off to some billionaire at that point so… the tickets will probably be pricier but the facilities should be shiny and new.
If they choose to open them to the public, that is. Hopefully that billionaire doesn't just open it to their friends and us commoners don't get to use it.
Re: US economy unexpectedly sheds 92k jobs in February
#326Earlier quoted context omitted.
Statistics Canada has over the last year shown that tourism to US from Canada is down by a lot and it's not getting better. Hell, as an anecdote, I keep seing ads on TV like: Come to Disneyland! We got rebates for canadians! Edit, didn't realise it was this bad: https://www150.statcan.gc.ca/n1/daily-quotidien/260223/dq260...
I go to Disneyland nearly every weekend and the increase in foreigners is insane. Clearly a lot of people visiting that would have been going to Florida decided on California instead.
As a Floridian who owns a unit in a condotel [1]. The property management company is outright saying that tourism is down affecting income. All of the other owners who were dumb enough to buy them as “investments” are complaining.
We don’t care because we are the only people who live there mostly year round and only leave during spring break and the summer when domestic tourism is high.
Re: US economy unexpectedly sheds 92k jobs in February
#327Since the end of WW2, and especially since the end of the Cold War, Democratic administrations have presided over significantly higher job growth than Republican administrations.
https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.c...
Re: US economy unexpectedly sheds 92k jobs in February
#328Mass deportation means economic contraction. The administration has promised to deport millions of people. Mass deportations on this scale will have a somewhat drastic effect, and the true mass deportation hasn't even started, because they haven't built enough concentration camps to facilitate the deportations. Unless it is stopped the job losses will be absolutely massive, and a tiny tiny footnote to the massive hum…
I'd have expected mass deportations to decrease the unemployment rate, since there are now a bunch of job openings. Some of those jobs will just disappear (resulting in job losses, which is what the headline is about), but unemployment (people looking for jobs and not finding them) is up. It does mean economic contraction, but that's yet another number. That would show up in GDP, but that number is really slow to col…
It also decreases the consumption rate. introduction of immigrant populations has not been shown to increase the unemployment rate, rather the opposite.
https://www.epi.org/blog/immigrants-are-not-hurting-u-s-born...
Re: US economy unexpectedly sheds 92k jobs in February
#329Earlier quoted context omitted.
For readers not in Washington, there is currently legislation being worked on that is essentially a millionaire's tax, (simplified as) 10% income tax on income over 1 million dollars, inflation adjusted. There are a few very angry, emotional, and vocal opponents of this in most corners of the internet, although very few of them actually make a million dollars and there are many million+ income people supporting this.…
The bigger news is that it would be WA's first-ever income tax, along with the tax on capital gains income they just introduced. You can look at any historical example of introducing income tax in the US to see that the rates always expand to lower brackets over time.
Ahh, another favorite talking point. Yes, because the tax burden is already carried by the people you claim to worry about
Re: US economy unexpectedly sheds 92k jobs in February
#330I grew up in the US and lived there for 30 years, but now I live in Europe. Every single one of my friends in their 30's finds visiting the US absolutely terrifying (even those who have previously been). I have yet to meet a single friend in today's day that has expressed any interest in visiting.
What part did they find "terrifying"?
ICE agents shooting US citizens, the mass shootings, the school shootings, the crime rate and fentanyl 'bend' posture that makes loads of poor people look like zombies, the aggressive police with guns who sometimes shoot people, burglaries that involve shootings. A lot of the problems in America seems to stem from guns and drugs but also policy.
Even something as simple as crossing the road is unnecessarily complicated in America. Some roads you seem to need a car to get from A to B. It just doesn't seem peaceful but very chaotic and intense.