DonGlock26
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Just keep the men out of the ladies restroom, Democrat.
Happy Liberation Day
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Just keep the men out of the ladies restroom, Democrat.
DonGlock26
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Lol.
It can be left to you to worry about everyone else's genitals. After all, someone has to do it, right?
g5000
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- Nov 26, 2011
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I don't know if Trump is stupid...or evil.
The tard herd is certainly stupid. They don't know the vast majority of manufacturing jobs were automated out of existence.
They didn't go overseas. They no longer exist.
The future is the service industry. In fact, we have a trade surplus in the services sector.
That's something else Trump won't tell the rubes.
The tard herd is certainly stupid. They don't know the vast majority of manufacturing jobs were automated out of existence.
They didn't go overseas. They no longer exist.
The future is the service industry. In fact, we have a trade surplus in the services sector.
That's something else Trump won't tell the rubes.
Lie back and think of the third term.
It's a kindness. The rubes don't want their pity party interrupted.
g5000
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g5000
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Any politician who tell you they are going to bring back coal jobs and manufacturing jobs is lying to you, and they are deliberately keeping you ignorant.
The days of growing up to work in your daddy's factory are long gone. We need to retool our education system for the jobs of tomorrow, not the jobs of yesterday.
Sadly, the New Right has no ******* clue how to retool our education system. So they tear it down instead to keep the rubes fat and stupid.
Read this: https://economics.mit.edu/files/12763
Between 1993 and 2007, every new robot replaced between 3 and 5.6 workers.
http://conexus.cberdata.org/files/MfgReality.pdf
"Almost 88 percent of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories.”
Gone, baby, gone. Those jobs are not coming back. Ever. Anyone who promises you they are is a ******* criminal liar.
The days of growing up to work in your daddy's factory are long gone. We need to retool our education system for the jobs of tomorrow, not the jobs of yesterday.
Sadly, the New Right has no ******* clue how to retool our education system. So they tear it down instead to keep the rubes fat and stupid.
Read this: https://economics.mit.edu/files/12763
Between 1993 and 2007, every new robot replaced between 3 and 5.6 workers.
http://conexus.cberdata.org/files/MfgReality.pdf
"Almost 88 percent of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories.”
Gone, baby, gone. Those jobs are not coming back. Ever. Anyone who promises you they are is a ******* criminal liar.
multivita-man
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I don't think markets will crash. Tariffs won't cause a crash. They will cause a serious correction, though, and there's going to be a recession because our current economy makes the US a consumer economy. Americans won't want to consume in this environment. MAGA world's hope is that reshoring/investment in US manufacturing can happen fast enough to calm markets during this transition.
Color me really, really skeptical that this works.
g5000
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McKinsey: automation may wipe out 1/3 of America’s workforce by 2030
In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.
The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.
In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.
The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.
g5000
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90 percent of our population was employed in agriculture when our Constitution was ratified.
Do you think that is still the way it should be?
Only two percent of our population is now employed in agriculture, and we grow more food than ever. What would you make of a dipshit politician who promised to "bring back our lost farming jobs"?
Instead of farming, the descendants grew up to be technicians and industrial workers.
Now their descendants are going to have to shift to new technologies and fields of labor.
Do you think that is still the way it should be?
Only two percent of our population is now employed in agriculture, and we grow more food than ever. What would you make of a dipshit politician who promised to "bring back our lost farming jobs"?
Instead of farming, the descendants grew up to be technicians and industrial workers.
Now their descendants are going to have to shift to new technologies and fields of labor.
And that productivity is not going to be shared out among the working class.
So what is a 'market crash' in your lexicon, what metrics need fulfilling?
multivita-man
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The market loses half its value to be defined as a 'crash', is that what At least 50% peak to trough means?
So Tesla has crashed?
multivita-man
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Maybe it did. I'm talking about markets, not individual stocks. You ignored the other element, though: no immediate reason to believe the market will recover. Black Monday in 1987 was the worst single-day event in US trading history, but markets recovered because it was a sell-off compounded by a glitch.
We'll see. I've seen some reports of a few foreign companies already freezing their US prices until the end of the year so they will be eating the tariffs to maintain marketshare.
Wiki's not so extreme as to require 50%. Good thing MAGAts aren't worried about another '87.
en.wikipedia.org
List of stock market crashes and bear markets - Wikipedia
19 Oct 1987 |
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average.
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