US US Politics General - Discussion of President Biden and other politicians

Status
Not open for further replies.
BidenGIF.gif
 
Last edited:
I entered the job market during/post college in 2007/2008 and what I am seeing is a similarity without the mass layoffs. A bulk of the jobs are requiring too many bullet points for fresh meat to reach, but not enough incentive for people to swap jobs that meet the criteria. When the layoffs start coming, and they will, you will have fresh meat competing with people with masters degree's and 15 years experience for seemingly entry level jobs like I did.

It's sad that another generation will have to be beaten to death with disillusion and will usher in a millennial-esq apathy with zoomers. Shit sucks, oh well. Smoke 'em if you got 'em.
I am not sure if we will see the layoffs. This may be different in that the boomers are starting to mass retire.

The boomers are the largest cohort, and they are very skilled in a lot of technical areas. But no one did adequate succession planning. The economy is looking at structurally 400,000 missing employees per year for the next half decade.

While the biggest cohort leaves, the smallest (gen z) is joining the workforce. We are heading into demographically unprecedented times.

This is probably going to work out differently than previous downturns. But employers may take a while to cotton onto the new reality. And immigration isn’t going to fill the gaps, other countries’ demographics are worse.

We are entering the aged world.

3D7BA2EE-76EB-42A4-991E-7758C1F3B7BB.jpeg
 
I am not sure if we will see the layoffs. This may be different in that the boomers are starting to mass retire.

The boomers are the largest cohort, and they are very skilled in a lot of technical areas. But no one did adequate succession planning. The economy is looking at structurally 400,000 missing employees per year for the next half decade.

While the biggest cohort leaves, the smallest (gen z) is joining the workforce. We are heading into demographically unprecedented times.

This is probably going to work out differently than previous downturns. But employers may take a while to cotton onto the new reality. And immigration isn’t going to fill the gaps, other countries’ demographics are worse.

We are entering the aged world.

View attachment 3541436
This is also going to have a mass impact on the housing market. Boomers will downsize, or die/pass along their homes to the kids. These homes will end up flooding the market. People don't really seem aware that real estate is not going to climb forever, its going to climb so long as population climbs, housing is expensive and valuable so long as there's not enough of it to meet everyones needs, like any other good. As population levels out or even trends down, the market will correct to its historical norm of "Not all that expensive or valuable". You'll still be paying 250k just out of material costs and labor costs, but thats far better than 900k+.

Boomer mass retirement is also going to be a crisis situation for the tech infrastructure space. Huge amounts of network infrastructure still depend on a few dozen crusty boomers answering their pagers to fix obscure issues that define the tech concept of "Tribal Knowledge". Eventually, they'll have more money than shits to give, fly off to retire on a Caribbean island, and then shit gets interesting. Nobody wants to be the one to hire and train a replacement because that means paying two people the very high senior expert tech salaries to do one positions work, for years, to cover all the required knowledge. So they don't, and its gonna be a shitshow when they finally walk. The only reason leadership is paying any attention at all is a lot of them already retired, but came back as independent contractors at 5x the cost working their own hours because they know nobody can do anything about it, they're truly essential.
 
I entered the job market during/post college in 2007/2008 and what I am seeing is a similarity without the mass layoffs. A bulk of the jobs are requiring too many bullet points for fresh meat to reach, but not enough incentive for people to swap jobs that meet the criteria. When the layoffs start coming, and they will, you will have fresh meat competing with people with masters degree's and 15 years experience for seemingly entry level jobs like I did.

It's sad that another generation will have to be beaten to death with disillusion and will usher in a millennial-esq apathy with zoomers. Shit sucks, oh well. Smoke 'em if you got 'em.
Honestly with how things are going in the job market it's going to reach a snapping point.
 
I am not sure if we will see the layoffs. This may be different in that the boomers are starting to mass retire.

The boomers are the largest cohort, and they are very skilled in a lot of technical areas. But no one did adequate succession planning. The economy is looking at structurally 400,000 missing employees per year for the next half decade.

While the biggest cohort leaves, the smallest (gen z) is joining the workforce. We are heading into demographically unprecedented times.

This is probably going to work out differently than previous downturns. But employers may take a while to cotton onto the new reality. And immigration isn’t going to fill the gaps, other countries’ demographics are worse.

We are entering the aged world.

View attachment 3541436
That under 10 range is terrifying. MAKE BABIES, PEOPLE
 
with what money?
the boomers keep burning it on shit they won't use for long since they're all going to die
and worse, they intend to keep their jobs until then
Deal with it. Despite how things are getting worse, we're still much better off than anything before like 1960. Nobody is worrying about their next meal in the US
 
with what money?
the boomers keep burning it on shit they won't use for long since they're all going to die
and worse, they intend to keep their jobs until then
Deal with it. Despite how things are getting worse, we're still much better off than anything before like 1960. Nobody is worrying about their next meal in the US
Its not money, or fear of money. Its decades of indoctrination to the midwits that children are some horrific burden, screaming demons that'll shit on your couch and refuse to eat anything and develop supercancer just to spite you and make you suffer; So of course you should just consoom product and media instead, a much more fulfilling life.

Its too late to fix the problem for the coming generations, we can only hope the next ones will come back out of it doing well enough.
 
I still mourn the loss of WGN. In the 80s and 90s it was awesome and had god-tier reruns and first run syndication cartoons (was where I watched Transformers and GI Joe plus Flinstones in the afternoon) along with the Chicago Cubs.
Tom Skilling actually made me interested in weather. I wasn't even living anywhere near Chicago so the actual forecast meant nothing to me, but the guy has an almost infectious love for meteorology. I hear he's still there.
 
Its not money, or fear of money. Its decades of indoctrination to the midwits that children are some horrific burden, screaming demons that'll shit on your couch and refuse to eat anything and develop supercancer just to spite you and make you suffer; So of course you should just consoom product and media instead, a much more fulfilling life.

Its too late to fix the problem for the coming generations, we can only hope the next ones will come back out of it doing well enough.
That is the main factor, yes, but money is always a good motivator. Recession, my nigga.
and unemployment out the fucking wazoo

Your average burger lives with their parents. No woman wants a man without a pad. Now imagine having a child in those conditions. Cramped and uncomfortable as a motherfucker.
 
Its decades of indoctrination to the midwits that children are some horrific burden, screaming demons that'll shit on your couch
It isn't the Children I worry will shit on the couch.

It's the fucking women, even like the one remotely sane one I have met in the past decade dropped the "Emotional Support Animal" thing about her dogs.
 
I am not sure if we will see the layoffs. This may be different in that the boomers are starting to mass retire.
We will see layoffs, but for the moment it's going to be primarily around the edge - e.g. SaaS firms, entertainment, the usual media suspects, especially those companies which are publicly traded. Plenty of stats already are showing this happening, with the "official" ones being paraded around likely to capture it come Q3/Q4.

Where things get interesting is if inflation and supply chain woes start causing more critical industries like manufacturing, agriculture, and resource operations to lay off workers. That will trigger the domino chain and blow this open because the only thing missing from the real estate and consumer debt side are jobless people desperate to sell just to keep food on the table. You can slow bleed the boomer decline, you cannot do the same for a shock like this.
 
For fuck's sake. The one day I need to stop shitposting and actually do some work, we have a potential Happening.

ETA: like clockwork.

View attachment 3541571
View attachment 3541570
Will it pass the House? Absolutely. But you're forgetting that it also has to pass through the Senate as well. And if those RINOs value their seats, they'll smack this shit down hard.
 
Status
Not open for further replies.
Back