The Great American Employment Collapse Has Commenced

[Jim Blue]

12 hours ago, Albaby said:

The Trumpster is cleaning the Augean Stables. Of course there will be consequences. Can't make an omelette....

I believe the ending goes "without burning the whole house down "

[Yagoda]

13 minutes ago, Patong2021 said:

Not at all, You are claiming that you have many projects in the pipeline. Wonderful for you, but it has no relevance if not taken  in consideration of the  total numbers. If the total number of projects and their  values is  reduced, then it means that others are not enjoying the same success you are bragging about and that does have a negative  impact.

That still makes no sense. You cant read? Do you know what a bid list is?

[Mike_Hunt]

13 hours ago, jerrymahoney said:

Asked about the difference between a recession and a depression, President Harry Truman said:

It's a recession when your neighbor loses his job; it's a depression when you lose your own.

https://www.goodreads.com/author/quotes/203941.Harry_Truman

 

An economic depression is a severe and prolonged economic downturn that lasts for years. It's characterized by high unemployment, low economic growth, and a decline in consumer confidence. 

 

 

An economic recession is a significant decline in economic activity that lasts more than a few months. Recessions can be caused by a number of events, including financial crises, natural disasters, or a drop in spending. 

 

[pomchop]

12 hours ago, TedG said:

Are you now noticing this? 

It is hard not to notice if anyone opens eyes and ears and brain function.

[thaibeachlovers]

15 hours ago, ronnie50 said:

Oh, sure. Harris' campaign was a ridiculous replay of Hillary Clinton's - all Hollywood weirdos and wealthy celebrity luvies. No real people. Didn't work for Clinton and of course didn't work for Harris (I don't think there was anything wrong with Harris 'herself' actually, but she and the Democrats ignored working class and middle class voters - again! - bad campaign). But let's be honest, the erosion of the American middle class and the betrayal of the working class voters began with Reagan. That's clear. But for decades following him all Presidential administrations - Republicans and Democrats - continued the sell out of the middle/working class. Bill Clinton was more than happy to pick up where Bush left off and send the remaining factories to China. So I get that part of Trump and his followers (try to reverse the erosion and bring back good jobs). But so much has changed since then - the country is now run by a handful of oligarchs and Trump seems okay with furthering that. Getting rid of entire government departments won't fix any of this, nor will pandering to the libertarians. Otherwise everyone should start buildng their bunkers - if you can't beat them... 

The elephant in the room is obviously AI robotics. One only needs to see one clip of an entirely robot operated factory to know what is coming. In NZ they are inventing machines to harvest fruit- no more humans needed.

It's going to be the biggest and most destructive event to happen to human employment since the Luddites were marching.

As usual the politicians are asleep and when it's happened they'll be like "what just happened, oh dear, what will we do?" ( perhaps they could ask an AI about that ).

Young people should be looking to service and health related jobs if the want to be employed in the future, or be reduced to surviving on the ill named "living wage".

[thaibeachlovers]

10 hours ago, Jim Blue said:

I believe the ending goes "without burning the whole house down "

Unless the plan is to burn it all down and start over. I admit that I find that to be a possible solution to the madness of current life.

[thaibeachlovers]

23 hours ago, Harrisfan said:

I see you know nothing about the economy.

Does anyone? IMO it's all just guessing, and those that guess the best get to be rich. They like to deflect with those fancy graphs, which mean nothing in reality. The best they can do is try and explain why it went wrong, after the event.

 

If they actually knew anything the Great depression would not have happened, nor 2008.

[Patong2021]

11 hours ago, Yagoda said:

That still makes no sense. You cant read? Do you know what a bid list is?

Even worse. You claim that because you have bids there are no problems. Brilliant.

[Lacessit]

On 3/9/2025 at 7:42 AM, thaibeachlovers said:

I've got 70,000 likes for what I've posted. How are you doing?

It can't get any sadder on ASEAN than a poster who counts how many likes they have.

 

Have you counted up how many sad and confused emoticons you got?