Recession

189,298 Views | 2249 Replies | Last: 18 hrs ago by J.R.
boognish_bear
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boognish_bear
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RD2WINAGNBEAR86
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boognish_bear said:





Yay eggs!!!! The one I love the most these days is after every daily declaration of victory over Iran, Trump says gas prices will plummet when the war ends.

It doesn't take much to please the proles these days.
Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
boognish_bear
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boognish_bear
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FLBear5630
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CEO and Executive pay is a major problem. Too much difference between decision makers and people being impacted is not a good thing
whiterock
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whiterock
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FLBear5630 said:

Really, this guy...



This is your source that Trump's policies are working? Come on, at least try and be a little objective. Did you get your Trump Hormone Shot today so you are feeling extra 'Trumpy"?

I see you made an ad hominem argument because you could not refute anything he said.
whiterock
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Probably the explanation for why USG did not rescue the airline. The private sector option is much more preferable.

HuMcK
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How is employment looking in that sector, is the trend line for jobs going up or down?
FLBear5630
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Imagine that...
FLBear5630
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whiterock said:

FLBear5630 said:

Really, this guy...



This is your source that Trump's policies are working? Come on, at least try and be a little objective. Did you get your Trump Hormone Shot today so you are feeling extra 'Trumpy"?

I see you made an ad hominem argument because you could not refute anything he said.

It was a marketing piece, so why wouldn't we look at the messenger? There was no data. He used a 1st quarter business investment number to justify National policy? Did you catch what year this 1st quarter number is the highest since? 2023. Wasn't that under Biden?

If you are going to post marketing by the guy that literally wrote a book that he has a love affair with Trump as fact, don't be surprised to be called on it.

Really, I was a bit disappointed in you posting that, not up to your usual standard. Hung over?
boognish_bear
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whiterock
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HuMcK said:

How is employment looking in that sector, is the trend line for jobs going up or down?


Companies hire when they do not have enough labor to produce existing or anticipated orders. So the first thing one needs to see to expected job growth is leading indicators like orders. Which leads to investments in plant capacity, which in turn leads to new job creation.

Trends aren't just good. They're outstanding.

whiterock
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Another direct with some additional details.

boognish_bear
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boognish_bear
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HuMcK
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whiterock said:

HuMcK said:

How is employment looking in that sector, is the trend line for jobs going up or down?


Companies hire when they do not have enough labor to produce existing or anticipated orders. So the first thing one needs to see to expected job growth is leading indicators like orders. Which leads to investments in plant capacity, which in turn leads to new job creation.

Trends aren't just good. They're outstanding.



Ah yes, I see. So...sector employment is trending down then.
BUDOS
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Now will the wages allow us to keep up with the continuing increase in inflation? If so, then all sectors will look good.
boognish_bear
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whiterock
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HuMcK said:

whiterock said:

HuMcK said:

How is employment looking in that sector, is the trend line for jobs going up or down?


Companies hire when they do not have enough labor to produce existing or anticipated orders. So the first thing one needs to see to expected job growth is leading indicators like orders. Which leads to investments in plant capacity, which in turn leads to new job creation.

Trends aren't just good. They're outstanding.



Ah yes, I see. So...sector employment is trending down then.

current trends will not change substantially until factory construction/addition is complete. Can't hire people to work at a factory that hasn't been built yet.
whiterock
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boognish_bear said:



always amazed at these kinds of stories. When did the over 55 demographic NOT own the majority of wealth in the country?
FLBear5630
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You have a point there...
boognish_bear
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whiterock said:

boognish_bear said:



always amazed at these kinds of stories. When did the over 55 demographic NOT own the majority of wealth in the country?


True...and will probably always be true. I guess the sheer size of the Baby Boomers generation changes the context some.
whiterock
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Great article to explain the movement of tectonic plates reordering the economy.

In college economics classes we studied the "rust belt" experience - decline of aging American manufacturing facilities rendered uneconomical by free trade. Today, a new @rust belt" is unfolding - the closure of clerical & coding cubicle farms rendered unnecessary by technological advancement. Replacing them will be…..American manufacturing, particularly energy generation. The conventional wisdom is no longer "learn to code." It's "learn a trade." Human hands will have to maintain and repair the machines that will be doing all the coding.


boognish_bear
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boognish_bear
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boognish_bear
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FLBear5630
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Just takes time. The boomers and Genx were not much different, 35 is when you start earning real money. Until then you gain experience.
RD2WINAGNBEAR86
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FLBear5630 said:

Just takes time. The boomers and Genx were not much different, 35 is when you start earning real money. Until then you gain experience.

The 20 somethings these days expect six figures. Either personally or from their significant other. Unrealistic expectations.

My first salary was $25,000 in 1986. I was making bank compared to my fellow college grads.
Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
FLBear5630
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Same here, outside of Army (PFC pay wouldn't wish that on anyone) first job was 26k with a Masters. Took me 10 years to break 50!

Funny what they dont realize is the experience you get doing the **** field work and analysis is what propels you to next levels. Gotta do the work, shortcuts not worth it.
boognish_bear
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Dear lort

Jack Bauer
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boognish_bear said:

Dear lort



Why don't they just hold them at gunpoint? it would be more humane.

Oldbear83
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boognish_bear said:

Dear lort



Somewhere a Mafia family reads this and observes 'and we're getting called greedy and heartless?'
J.R.
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RD2WINAGNBEAR86 said:

FLBear5630 said:

Just takes time. The boomers and Genx were not much different, 35 is when you start earning real money. Until then you gain experience.

The 20 somethings these days expect six figures. Either personally or from their significant other. Unrealistic expectations.

My first salary was $25,000 in 1986. I was making bank compared to my fellow college grads.

I got you beat. $20K in 89 and happy to have it!
 
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