Job growth has slowed sharply; the question is why

Post by dileeparanawake » Tue, Aug 12, 2025, 9:29 AM UTC

bitshiftfaced wrote: post #69

dileeparanawake wrote: post #2

Increasing wealth inequality, drives prices inflation, wage stagnation and less disposable income, driving less consumption, driving less revenue for businesses, meaning cuts happen and hiring freezes, drives slowing growth in new job market.

> Increasing wealth inequality, drives prices inflation Why?

Why does wealth inequality drive price inflation? Good question and not obvious. Here's the answer?

How much does a bottle of water cost?

- Supermarket? - Festival? - In a drought, when you're standing in line behind a thirsty billionaire?

People with a large relative net worths, drive asset prices up, like bids in an auction - even if they aren't the final bidder.

Post by tracker1 » Tue, Aug 12, 2025, 4:28 PM UTC

mlinhares wrote: post #88

tracker1 wrote: post #42

Earlier quoted context omitted.

I think that security/stability for a country as big as the US requires at least some localization. For example, IMO all medications, medical devices, infrastructure systems (such as telecom, power, etc.), hardware and materials should be at least 50% domestically produced and have at least dual sourcing. I realize that not all countries are big or diverse enough to accomplish this, and that's a reason why loose conf…

A country like the US should be self sufficient in energy, food and medicine, but there has never been a concerted policy to do that. One of the biggest reasons is lobbying, for the US to be self sufficient in energy, for instance, it would have to invest heavily in renewable energy (like china is doing) but the oil lobby is never going to let that happen. So with the government so captured by interests that don’t ca…

So the only way the US can be energy independent or otherwise self-sufficient is excluding fossil fuels? AFAIK, the US has plenty of its' own if it had to be so, and that it's mostly a matter of cost efficiency that it isn't already.

Re: Job growth has slowed sharply; the question is why

Re: Job growth has slowed sharply; the question is why