Wally
BrownCafe Innovator & King of Puns
"The economy is doing great, so many new jobs"...
"I know, I have 3 of them"...
dow jones
- Thread starter Jkloc420
- Start date
"I know, I have 3 of them"...
Thebrownblob
Well-Known Member
Behind Today's Stellar Jobs Print: It Was Literally ALL Part-Time Jobs (And Illegals) | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Thebrownblob
Well-Known Member
Next Day Err
Well-Known Member
Yeah, that big dip… FJB! Oh wait… he didn’t take office until January 2021.
People left the job force for good during the pandemic and there’s fewer native born to take them. Migrants take jobs that otherwise wouldn’t be taken. Migrants have shored up our economy. We should thank them. They pay local and state taxes and we should get them set up to pay federal taxes and let them work here and keep their noses clean for potential citizenship a decade or more down the line. Just saying.
Thebrownblob
Well-Known Member
Very true but I think that big dip is probably Covid and the replacement workers came en mass during the Biden administration. Both have plenty of blame to go around.
Next Day Err
Well-Known Member
It just is what it is. We should be glad migrant workers took jobs that got services and goods moving. Inflation would be worse if not for their labor.
Thebrownblob
Well-Known Member
I don’t share your sentiment on that regard.
Next Day Err
Well-Known Member
The reality is that if they weren’t here we would all be worse off economically. No question about it.
Thebrownblob
Well-Known Member
You mean the reality is every corporation would be worse off? The regular people who can’t get by at this point don’t feel the same way you do. I’m not here to serve my masters.
Which you can visibly see in the stock market as it is disconnected from reality, Wall Street and Main Street, are not on the same wavelength. We are more and more becoming slaves to corporations while they make billions and give us the crumbs.
bottomups
Bad Moon Risen'
Baby Boomers retiring.
Thebrownblob
Well-Known Member
Probably some. Pretty sure that huge dip is Covid shut down. And yes you’re correct. A lot of the boomers didn’t come back.
bottomups
Bad Moon Risen'
I was one of them.
Sportello
Well-Known Member
Zero hedge is a pro Russian site run by a Bulgarian
who was barred from the securities industry for insider trading.
It is an alt-right, conspiracy site that attracts wackos.It has been involved in spreading Russian propaganda and is pro Hamas, Hezbollah, Iran, China, and
Russia. It has been described as anti-Semitic.
Anyone can believe what they publish, but they do so at their own peril. It is pure anti-American propaganda.
who was barred from the securities industry for insider trading.
It is an alt-right, conspiracy site that attracts wackos.It has been involved in spreading Russian propaganda and is pro Hamas, Hezbollah, Iran, China, and
Russia. It has been described as anti-Semitic.
Anyone can believe what they publish, but they do so at their own peril. It is pure anti-American propaganda.
Up In Smoke
Well-Known Member
I've referenced before the number of small businesses created since COVID. Small business creation prior to COVID was about 3.5 million new businesses per year to more than 5.5 million per year in 21, 22 and 23. Approximately 6 million people leaving the payroll workforce and entering entrepreneurship. The biggest move to self reliance in US history. COVID opened the door and 16 million individuals bet on themselves.
Thebrownblob
Well-Known Member
Maybe but I don’t know about calling onlyfans and gig work entrepreneurship. Forced never ending. servitude would be more appropriate name.
More Than One-Third of American Workers Turn to Freelance Jobs in 2023
An all-time high of 64 million people — more than one-third of America’s workers — turned to freelance work this year, according to a survey by Upwork Inc.
www.bloomberg.com
Next Day Err
Well-Known Member
Every corporation and LLC in America would be, on average, worse off. Migrant labor is responsible for roughly $3.3 trillion of our $27.3 trillion economy.
And I know you're an investor in American companies, as am I. I like corporations to be doing well, including the one we work for.
Thebrownblob
Well-Known Member
And I also want them to share that wealth with my fellow countryman.
Next Day Err
Well-Known Member
For who to share that wealth? The migrant workers?
Thebrownblob
Well-Known Member
The corporations making billions.
Next Day Err
Well-Known Member
They do if you own shares of their stock.
I mean this in the most respectful way possible but what you just said there sounds kinda lefty. Like, commie lefty. Why should corporations share with anyone outside of the ownership?
