Labor/Economics

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gounion
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Re: Labor/Economics

Post by gounion »

Glennfs wrote: Tue Apr 12, 2022 9:34 am https://www.foxbusiness.com/economy/ban ... april-2022

Bank of America and others are predicting a recession.
Everyone needs to begin to prepare now in order to make weathering the storm easier.
Ah yes the right always hoping for the worst when it’s a Dem in charge.
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Number6
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Re: Labor/Economics

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Glennfs wrote: Tue Apr 12, 2022 9:34 am https://www.foxbusiness.com/economy/ban ... april-2022

Bank of America and others are predicting a recession.
Everyone needs to begin to prepare now in order to make weathering the storm easier.
Thanks to the Trump-Putin axis.
When you vote left, you vote right.
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Number6
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Re: Labor/Economics

Post by Number6 »

Number6 wrote: Tue Apr 12, 2022 1:48 pm Thanks to the Trump-Putin axis of evil.
When you vote left, you vote right.
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carmenjonze
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Re: Labor/Economics

Post by carmenjonze »

Glennfs wrote: Tue Apr 12, 2022 9:34 am https://www.foxbusiness.com/economy/ban ... april-2022

Bank of America and others are predicting a recession.
Everyone needs to begin to prepare now in order to make weathering the storm easier.
Go vote for another abortion ban.
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Glennfs
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Re: Labor/Economics

Post by Glennfs »

gounion wrote: Tue Apr 12, 2022 1:08 pm Ah yes the right always hoping for the worst when it’s a Dem in charge.
Nobody I know of is hoping for the worst. That doesn't change the fact that according to leading banks the USA is headed towards a recession.
Of course I am sure you will claim the current administration has nothing to do with it and even though they have been given a warning months in advance there is nothing they can do to prevent it from happening.
Somehow I am confident you and others here will blame the Biden recession on the Republican party
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Motor City
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Re: Labor/Economics

Post by Motor City »

Glennfs wrote: Tue Apr 12, 2022 9:34 am https://www.foxbusiness.com/economy/ban ... april-2022

Bank of America and others are predicting a recession.
Everyone needs to begin to prepare now in order to make weathering the storm easier.
Pretty easy to predict what the next song will be when they keep playing the same tune over and over. How ever many names they call it by its still austerity, Like we would have never guessed the banks and others would want to implement more austerity.
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gounion
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Re: Labor/Economics

Post by gounion »

Glennfs wrote: Tue Apr 12, 2022 11:47 pm Nobody I know of is hoping for the worst. That doesn't change the fact that according to leading banks the USA is headed towards a recession.
Of course I am sure you will claim the current administration has nothing to do with it and even though they have been given a warning months in advance there is nothing they can do to prevent it from happening.
Somehow I am confident you and others here will blame the Biden recession on the Republican party
You are doomsaying because you want to win the next election. That's all.

Just like you all hope that Putin comes out on top and embarrasses Biden in the Ukraine.

All you care about is power. So, while BOA is saying one thing, Goldman Sachs says they DON'T believe there will be a recession.

Which is your nightmare. That inflation will come down without a recession. Because you want to see the President fail, even if it means America is failing.
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Drak
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Re: Labor/Economics

Post by Drak »

gounion wrote: Wed Apr 13, 2022 5:08 am You are doomsaying because you want to win the next election. That's all.

Just like you all hope that Putin comes out on top and embarrasses Biden in the Ukraine.

All you care about is power. So, while BOA is saying one thing, Goldman Sachs says they DON'T believe there will be a recession.

Which is your nightmare. That inflation will come down without a recession. Because you want to see the President fail, even if it means America is failing.
Exactly right.
Glennfs
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Re: Labor/Economics

Post by Glennfs »

gounion wrote: Wed Apr 13, 2022 5:08 am You are doomsaying because you want to win the next election. That's all.

Just like you all hope that Putin comes out on top and embarrasses Biden in the Ukraine.

All you care about is power. So, while BOA is saying one thing, Goldman Sachs says they DON'T believe there will be a recession.

Which is your nightmare. That inflation will come down without a recession. Because you want to see the President fail, even if it means America is failing.
There you go with that I know what you really mean crap.
Yep you caught me here I am a year before my 65th birthday making stupid money setting myself up for the next 3 to 5 years.

But what I really want is for the USA economy to tank so I can struggle in the last 10 to 15 years of my life.

You have such a hatred for Republicans that you reflect your personal opinions upon others.

As for your Putin remarks those are just plain ignorant and offensive. I expect remarks like that from certain members because they just aren't very bright .
But from you I expect better. You sir are way off base.
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carmenjonze
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Re: Labor/Economics

Post by carmenjonze »

Glennfs wrote: Wed Apr 13, 2022 9:11 am ... making stupid money ...
How come all conservatives care about is makin munny and remaining stupid?
I expect remarks like that from certain members because they just aren't very bright .
You are the second-dumbest, most ill-informed person on this board. How are you, of all people, gonna comment on someone else's intelligence?
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gounion
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Re: Labor/Economics

Post by gounion »

Glennfs wrote: Wed Apr 13, 2022 9:11 am There you go with that I know what you really mean crap.
Yep you caught me here I am a year before my 65th birthday making stupid money setting myself up for the next 3 to 5 years.

But what I really want is for the USA economy to tank so I can struggle in the last 10 to 15 years of my life.

You have such a hatred for Republicans that you reflect your personal opinions upon others.

As for your Putin remarks those are just plain ignorant and offensive. I expect remarks like that from certain members because they just aren't very bright .
But from you I expect better. You sir are way off base.
You seem almost giddy with predictions of financial calamity. Why is that?
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Libertas
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Re: Labor/Economics

Post by Libertas »

gounion wrote: Wed Apr 13, 2022 10:45 am You seem almost giddy with predictions of financial calamity. Why is that?
Con doesnt know that economy always thrives under dems and falls apart under cons.

It took a worldwide pandemic for there to be ANY economic issue under a dem, and even with that the numbers are still fantastic.
I sigh in your general direction.
Motor City
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Re: Labor/Economics

Post by Motor City »

Michigan’s booming cannabis industry helps burned-out workers to turn over a new leaf
Ashley Maldonado had been working with special needs children for five years when the COVID-19 pandemic hit. Her pay dropped drastically when the elementary school she worked at reduced in-person learning. Since she wasn't making enough money, she quit her job, started working in the cannabis industry, and never looked back.

Now, Maldonado is one of the top weed trimmers at the joint Cloud Cannabis and Wonderbrett grow facility in Kalamazoo. She trims between 1,300 to 2,000 grams of marijuana a day on average (around four pounds), and makes $19 an hour — a huge jump from her previous job as a paraprofessional.

"I absolutely loved [working with special needs children] and I would never have left if it wasn't for the pay," Maldonado tells Metro Times as she quickly snips dried leaves and stems from marijuana flower buds. "I used to actually be one of the worst performers here, one of the slowest. I was producing like 600 grams a day, but then I got more focused."

Maldonado is just one of more than 31,000 people working in Michigan's booming cannabis industry. In case you haven't heard, Michigan has the third-highest number of cannabis jobs in the country, surpassed only by California and Colorado. In Michigan, the number of people working with marijuana tops firefighters and police officers combined, according to a January 2022 report by Seattle-based cannabis website Leafly.

So who are the people working behind the scenes to produce marijuana on a massive scale? What are their stories? Well, at the Wonderbrett operation you'll find everyone from former healthcare workers to Potawatomi tribe members........
So much falseness, cynicism, mean spirited cruelty in the administration of labor now that it is transforming the country.
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ap215
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Re: Labor/Economics

Post by ap215 »

Jobless claims: Another 185,000 Americans filed new claims last week

U.S. jobless claims held near multi-decade lows last week as companies worked to keep employees on their payrolls amid ongoing labor shortages.

The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print compared to consensus estimates compiled by Bloomberg:

https://finance.yahoo.com/news/weekly-j ... 45858.html
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Number6
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Re: Labor/Economics

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Honda to invest $40 billion in electric vehicles over the next 20 years.
Honda Motor Co. is investing $40 billion in its worldwide plans to roll out as many as 30 new electric vehicles in the next two decades.

The Japan-based automaker, which bases its North American manufacturing in Ohio, this week announced a goal of having a full lineup of electric vehicles by 2030, ranging from commercial-use mini-EVs through EV versions of its flagship models.

Honda (NYSE: HMC) expects to be building more than 2 million electric vehicles by that point. For comparison, it built more than 4.1 million total vehicles worldwide last year, with 1.3 million built in North America.

Some of the first steps in that effort will come through its partnership with General Motors Co., a relationship that goes back to 2018.
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Glennfs
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Re: Labor/Economics

Post by Glennfs »

Number6 wrote: Thu Apr 14, 2022 1:33 pm Honda to invest $40 billion in electric vehicles over the next 20 years.
I would say anyone in their early 50s or younger will be driving electric in 20 years
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Motor City
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Re: Labor/Economics

Post by Motor City »

Glennfs wrote: Thu Apr 14, 2022 5:06 pm I would say anyone in their early 50s or younger will be driving electric in 20 years
Not necessarily, billions of dollars have been invested in job creation over several decades and there's hardly anything to show for it. So far electric car battery factories have been notorious for the investment disappearing without the long term jobs and manufacturing that was promised.
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Glennfs
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Re: Labor/Economics

Post by Glennfs »

Motor City wrote: Thu Apr 14, 2022 5:40 pm Not necessarily, billions of dollars have been invested in job creation over several decades and there's hardly anything to show for it. So far electric car battery factories have been notorious for the investment disappearing without the long term jobs and manufacturing that was promised.
IMO today's ecars are the equivalent of post WWII cars of the late 1940s.
The differences between 1948 1958 and 1968 cars is amazing.
A 2020 ecar compared to a 2040 ecar will be the same as the difference between a 48 Buick and a 68 Buick
I hope I am alive to see it
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Number6
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Re: Labor/Economics

Post by Number6 »

Glennfs wrote: Thu Apr 14, 2022 5:06 pm I would say anyone in their early 50s or younger will be driving electric in 20 years
The gasoline car has a life span, IMO, of about 30 years. Electric cars are the car of the future. I expect to be buying one in the next five years or so.
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Number6
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Re: Labor/Economics

Post by Number6 »

Glennfs wrote: Thu Apr 14, 2022 6:10 pm IMO today's ecars are the equivalent of post WWII cars of the late 1940s.
The differences between 1948 1958 and 1968 cars is amazing.
A 2020 ecar compared to a 2040 ecar will be the same as the difference between a 48 Buick and a 68 Buick
I hope I am alive to see it
That can be said of just about product. Think of headphones from the late 70s and early 80s. Most had foam over the small speakers held together with a thin piece of metal. If you wanted better sound you had to get the big earphones that covered your ears and you had a cord with a honking big jack to plug into a stereo. Or think of the early Walkman’s that used a tape cassette and later a CD and now it’s all digital and smaller than a pack of cards.

Cars are going to evolve and right now that evolution is towards electric cars.
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carmenjonze
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Re: Labor/Economics

Post by carmenjonze »

Number6 wrote: Thu Apr 14, 2022 8:23 pm Electric cars are the car of the future.
And the past! :D

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https://americanhistory.si.edu/automobi ... ufacturers
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JoeMemphis
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Re: Labor/Economics

Post by JoeMemphis »

Number6 wrote: Thu Apr 14, 2022 8:23 pm The gasoline car has a life span, IMO, of about 30 years. Electric cars are the car of the future. I expect to be buying one in the next five years or so.
It will be a little like albums. Then we had eight track tapes. Then along came cassettes followed by CD’s and now everything is flash memory or streamed. The first wave is the longest followed by successive waves coming in shorter and shorter intervals.

I suspect you are right. I’m betting that in 5 to 10 years we will be surprised at how many vehicles will be electric. I imagine they will also be more affordable.

The first flat screen TV I saw was in the 1980’s. It was a 38’ plasma and it cost over 10 thousand. Now you can but a 40’ flat screen for a couple of hundred. The same will be true in autos.
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Number6
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Re: Labor/Economics

Post by Number6 »

JoeMemphis wrote: Thu Apr 14, 2022 10:46 pm It will be a little like albums. Then we had eight track tapes. Then along came cassettes followed by CD’s and now everything is flash memory or streamed. The first wave is the longest followed by successive waves coming in shorter and shorter intervals.
I had (still have) albums, had 8-track tapes, cassettes, and I still have about 100 CDs. I converted all my albums, nearly 300, to Mp3 format around 2012 as well as my CDs. I have them all on my phone, many on my iPad and on a Mp3 player, as well as my laptop and desktop computers and external hard drive. I'm not throwing out my albums or CD just in case something happens and I lose all my digital music.
I suspect you are right. I’m betting that in 5 to 10 years we will be surprised at how many vehicles will be electric. I imagine they will also be more affordable.

The first flat screen TV I saw was in the 1980’s. It was a 38’ plasma and it cost over 10 thousand. Now you can but a 40’ flat screen for a couple of hundred. The same will be true in autos.
Typically, when a new product comes out the initial costs are high but as more companies produce the product the more the price comes down. Your example of flat screen TV reminds me to two instances. The first is in 2001 when I bought a 32" Sony Wega TV that weighed about 200 pounds. I purchased a 40" flat scree TV a couple of years ago to replace the Sony TV and it cost less and weighed less than my heaviest bowling ball (16 pounds). The second instance was on Navy Base Coronado when I saw a young sailor walking back to his dorm from the Base Exchange carrying a 40" TV.

About the price of electric cars, the microchip shortage not expected to be over until 2024 and I suspect electric cars will continue to be expensive. I'd go with the higher number, 7, you mentioned when the costs come down.
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JoeMemphis
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Re: Labor/Economics

Post by JoeMemphis »

Number6 wrote: Fri Apr 15, 2022 12:18 am I had (still have) albums, had 8-track tapes, cassettes, and I still have about 100 CDs. I converted all my albums, nearly 300, to Mp3 format around 2012 as well as my CDs. I have them all on my phone, many on my iPad and on a Mp3 player, as well as my laptop and desktop computers and external hard drive. I'm not throwing out my albums or CD just in case something happens and I lose all my digital music.


Typically, when a new product comes out the initial costs are high but as more companies produce the product the more the price comes down. Your example of flat screen TV reminds me to two instances. The first is in 2001 when I bought a 32" Sony Wega TV that weighed about 200 pounds. I purchased a 40" flat scree TV a couple of years ago to replace the Sony TV and it cost less and weighed less than my heaviest bowling ball (16 pounds). The second instance was on Navy Base Coronado when I saw a young sailor walking back to his dorm from the Base Exchange carrying a 40" TV.

About the price of electric cars, the microchip shortage not expected to be over until 2024 and I suspect electric cars will continue to be expensive. I'd go with the higher number, 7, you mentioned when the costs come down.
7 years sounds about right. But the prices will drop. Do you remember what the first “portable computers” were like. They weren’t portable. They were “lugable”. I remember carrying those on the plane. Now laptops are much faster, cheaper and lighter. II wish I had a modern day laptop or iPad when I was in college.
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carmenjonze
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Re: Labor/Economics

Post by carmenjonze »

JoeMemphis wrote: Fri Apr 15, 2022 7:45 am 7 years sounds about right. But the prices will drop. Do you remember what the first “portable computers” were like. They weren’t portable. They were “lugable”. I remember carrying those on the plane. Now laptops are much faster, cheaper and lighter. II wish I had a modern day laptop or iPad when I was in college.
Yes, there’s a name for this. It’s called Moore’s Law.

https://www.google.com/amp/s/www.webope ... oores/amp/
Moore’s Law in practice

In the real world, every facet of society, ranging from an individual to different types of industries, benefit from Moore’s Law, as all digital devices including, computers, smartphones, tablets, cameras, etc., require semiconductors to function.

Thus, as the transistors and chips become smaller, more efficient, and cheaper, the computers and other devices automatically become smaller, faster, and cheaper. Too, consumer pressures for faster devices with more features is largely based on the advances the industry has made toward smaller, faster, cheaper chips.
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