Americans needing 2 or more jobs spike under Trump to record levels

[martybegan]

Like I said. I dont think you are in business. I run a large organization inside a multi-billion dollar company and I can tell you that supply disruptions were the issue. We couldnt get enough materials back then to meet the demand that existed... there was no problem with demand. People werent buying more or less...there was just less to sell to them. You'll see the same shortly as we stopped importing some materials to see what happens on tariffs.... that will mean we will have less stuff to sell in the fall. That means our prices will go up... unless Trump gets so many people fired the demand for our stuff drops. What a solution!

I run construction, and there were supply issues, but they were mostly self inflicted wounds due to the overkill nature of the lockdowns once it was found the mortality rate for healthy people was well under 1%.

 

[citygator]

I run construction, and there were supply issues, but they were mostly self inflicted wounds due to the overkill nature of the lockdowns once it was found the mortality rate for healthy people was well under 1%.

It was the importing of goods that was a problem. What we do, or did, didnt affect other nations. Domestic production was not shut off. Factories werent forced to be closed - ours ran fine and responded quickly since lead times are short in the US. But the materials flow was fucked...

Do you remember all those ships lined up at the ports for nearly 2 years?

That had nothing to do with minor work restrictions. Factories were never closed in the US other than a few weeks in March 2020 under Trump. It was the supply chain crushed.

 

[martybegan]

It was the importing of goods that was a problem. What we do, or did, didnt affect other nations. Domestic production was not shut off. Factories werent forced to be closed - ours ran fine and responded quickly since lead times are short in the US. But the materials flow was fucked...

Do you remember all those ships lined up at the ports for nearly 2 years?

That had nothing to do with minor work restrictions. Factories were never closed in the US other than a few weeks in March 2020 under Trump. It was the supply chain crushed.

Excuses excuses.

 

[citygator]

Excuses excuses.

I accept your surrender. Watch what happens to prices in the fall when all the materials that just stopped shipping are not in the US to build. Softwood from Canada, Gypsum from Mexico, steel, aluminum, glass, and other materials from countries like China.

If you really are in the "construction" industry you are screwed.

 

[martybegan]

I accept your surrender. Watch what happens to prices in the fall when all the materials that just stopped shipping are not in the US to build. Softwood from Canada, Gypsum from Mexico, steel, aluminum, glass, and other materials from countries like China.

If you really are in the "construction" industry you are screwed.

What surrender? You just spin shit with vague generalizations combined with maybe some actual opinion from lefty economists whos TDS precludes using them as a reliable source.

Short term pain for potential long term gain.

 

[citygator]

What surrender? You just spin shit with vague generalizations combined with maybe some actual opinion from lefty economists whos TDS precludes using them as a reliable source.

Short term pain for potential long term gain.

No one thinks this tariff business is smart. Not even Republicans. Only magas who are not business leaders and are sadly poorly equipped to synthesize data are supportive.

You, nor any maga has answered an easy question. Is the goal to get rid of tariffs or to have high tariffs? Cant be both. He cant be bluffing to get rid of tariffs and think tariffs are good. Those two positions are diametrically at odds.

 

[martybegan]

No one thinks this tariff business is smart. Not even Republicans. Only magas who are not business leaders and are sadly poorly equipped to synthesize data are supportive.

You, nor any maga has answered an easy question. Is the goal to get rid of tariffs or to have high tariffs? Cant be both. He cant be bluffing to get rid of tariffs and think tariffs are good. Those two positions are diametrically at odds.

The goal is to get the trade imbalance moved towards being more fair to the US, and to open markets that other countries block with their own protectionist tariffs.

Maybe the goal is also to move the federal government back to getting more of it's income from tariffs, thus allowing decreases in income tax.

The whole point of his actions it to keep the opposition guessing, and quislings like you taking the side of foreigners like China.

 

[citygator]

The goal is to get the trade imbalance moved towards being more fair to the US, and to open markets that other countries block with their own protectionist tariffs.

Maybe the goal is also to move the federal government back to getting more of it's income from tariffs, thus allowing decreases in income tax.

The whole point of his actions it to keep the opposition guessing, and quislings like you taking the side of foreigners like China.

I have a trade imbalance with my employer. They pay me way more than I buy from them.

I have a trade imbalance with he grocery store. I pay them a lot and they pay me nothing.

There is no such thing as a trade imbalance. Trade, by definition, is balanced.

 

[martybegan]

I have a trade imbalance with my employer. They pay me way more than I buy from them.

I have a trade imbalance with he grocery store. I pay them a lot and they pay me nothing.

There is no such thing as a trade imbalance. Trade, by definition, is balanced.

International Trade and salary/retail transactions aren't the same thing, you simpleton.

 

[citygator]

International Trade and salary/retail transactions aren't the same thing, you simpleton.

They are the same. We are the wealthiest country in the world… or were. There is no reason to destroy America and move away from capitalism. Buy China product OR don’t. It’s not the governments role to tell you. Republicans used to believe that.

 

[martybegan]

They are the same. We are the wealthiest country in the world… or were. There is no reason to destroy America and move away from capitalism. Buy China product OR don’t. It’s not the governments role to tell you. Republicans used to believe that.

No, they are not. It was a shit comparison.

Actually, imposing tariffs is one of the enumerated powers of the federal government.

 

[citygator]

No, they are not. It was a shit comparison.

Actually, imposing tariffs is one of the enumerated powers of the federal government.

So is overspending the budget.

 

[martybegan]

So is overspending the budget.

Passing a federal budget is the role of congress, implementing it is the role of the executive.

Maybe we should get you a "My Little Pony explains economics" book.

 

[citygator]

Passing a federal budget is the role of congress, implementing it is the role of the executive.

Maybe we should get you a "My Little Pony explains economics" book.

You are losing it my man. Look where you've moved to under a thread that is about Trump having more people than ever with multiple jobs and a higher percent of people with multiple jobs in 35 years. Trump's shit economic plan is to blame.

 

[martybegan]

You are losing it my man. Look where you've moved to under a thread that is about Trump having more people than ever with multiple jobs and a higher percent of people with multiple jobs in 35 years. Trump's shit economic plan is to blame.

The multiple jobs thing is a weak indicator of anything you clods would want to use against Trump.

Trump's plans have only been in the making for 3 months, most of that Data probably covers Biden's administration.

 

[citygator]

The multiple jobs thing is a weak indicator of anything you clods would want to use against Trump.

Trump's plans have only been in the making for 3 months, most of that Data probably covers Biden's administration.

Didnt take long to crash the dollar market, stock market, and bond market. No way you can pin that shit on Biden. Jobs follow those indicators. Deny, obfuscate, and lie all you want. Trump is destroying the economy.

 

[martybegan]

Didnt take long to crash the dollar market, stock market, and bond market. No way you can pin that shit on Biden. Jobs follow those indicators. Deny, obfuscate, and lie all you want. Trump is destroying the economy.

And all those markets are stabilizing and indicating they will come back. This wasn't a response to a systemic fault, but panic amongst investors cheered on by the left.

And with the "jobs follow indicators" you show yourself to be one of those idiots that think the models drive the economy, instead of them supposed to be tools to analyze the economy.

 

[citygator]

And all those markets are stabilizing and indicating they will come back. This wasn't a response to a systemic fault, but panic amongst investors cheered on by the left.

And with the "jobs follow indicators" you show yourself to be one of those idiots that think the models drive the economy, instead of them supposed to be tools to analyze the economy.

Markets reflect expectations. The market expects the economy to suck and it took 10% of value from investors. IF they thought there was a benefit coming the market would never have cratered.

If markets expect to lose value they fire employees It ties directly.

 

[martybegan]

Markets reflect expectations. The market expects the economy to suck and it took 10% of value from investors. IF they thought there was a benefit coming the market would never have cratered.

If markets expect to lose value they fire employees It ties directly.

And it's stabilizing, and will eventually come back. Again this is panic drops, not drops for a systemic reason.

So every business fires employees in a bear market?

 

[citygator]

And it's stabilizing, and will eventually come back. Again this is panic drops, not drops for a systemic reason.

It is absolutely systemic. Companies will produce less profit due to tariff so the value of stock in those economic engines is lower.

So every business fires employees in a bear market?

83% of the time they do.

https://www.morningstar.com/columns/rekenthaler-report/do-bear-markets-lead-recessions