What an economy!

[IIVI]

UPS ain’t even hiring







Folks saying this explicitly:




All while the American people chose Donald Trump and Republicans state-to-state to guide things through these times.

Bunch of smart voters!

 

[IIVI]

Moved post.

 

[Elim Garak]

It was a dead country until Trump took office. Now we're the hottest country.

 

[Pazzy]

Yall check to see how the rest of the world is fairing? Its happening all over the world, not just here.

 

[Paper Boi]

A lot of the layoffs I see where I work (and this has been going on since the start of the AI wave) is the company claiming it's AI and then just shipping the jobs to cheaper labor overseas in reality.

 

[IIVI]

Yall check to see how the rest of the world is fairing? Its happening all over the world, not just here.

Problem is previously the rest of the world would have shytty unemployment rates while America thrived like the tech boom the last 20 years.

Much different this time around, they’re tanking this country.

 

[88m3]

Trump and Bannon has those companies making room for Black Jobs


Remember to vote

 

[IIVI]

Also the insurance industry getting clapped is funny.

I thought Republicans were going to make insurance boom?!

I guess like manufacturing then?!

 

[Still Benefited]

If only they would make these houses depreciate like cars. Its a move that would singlehandedly save the country. I give the Democrats this idea on a silver platter as a peace offering

 

[UpNext]

What's crazy in reading all that, on top of the layoff numbers in themselves, is the 44% more sellers than buyers stat.

I think that debunks the "increase supply" lazy ass narrative. How long does there need to be 44% more sellers than buyers for the housing market to correct itself and prices drop?

 

[jaydawg08]

i am genuinely curious what the job market looks like in 2-3 years.

The housing market stuff is interesting.. however the market won’t correct itself unless there is another big recession

A lot of people’s net worth is tied up in their home values

 

[IIVI]

So great we chose a bunch of old tech-illiterate Republicans who don’t understand innovation to run this country and solve these upcoming problems!

 

[Sauce Mane]

These tech bros that all for ai replacing work force, do they think when AI replaces 30-40% of workforce or even higher, who will use or buy their products then?

When so many people out of job, it’s only matter of time before it turns ugly and people revolt

It will not end on a good note unless they introduce universal income and even then it wouldn’t be enough

 

[IIVI]

Don’t worry everyone, Trump’s appointed Administrator of Small Business is working on it! She’s in the lab hard at work! What’s her plan?


To be fair, I have been saying to invest in A.I companies. That’s basically the U.B.I you’re going to get.

 

[desjardins]

I think that debunks the "increase supply" lazy ass narrative. How long does there need to be 44% more sellers than buyers for the housing market to correct itself and prices drop?

anyone who lives in a major city knows it was never that simple, cause they have been building new units non stop for years and rents have only been going up. increasing supply means little when you have a glut of institutional and foreign investors buying everything new up and rent seeking. it's just a buzz term to justify local development incentives like giving municipal owned land away for penny on the dollar or tax breaks

, who will use or buy their products then?

the global elite
the entire globe is about to look like nigeria or some other country with wild income inequality. 99% of the people broke as shyt but it not mattering because they don't have any wealth/assets anyway and the 1% trading all the assets between each other.