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

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tehpope said:
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I'm honestly enjoying all the hacks making their hackery so visible.
Krugman, Cramer, etc have been twisting themselves into pretzels to not call this a recession because it makes Team Blue look bad and goddamn is it funny as hell to watch.
 
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Meng De said:
Do white people even vote Republican? It seems like a waste of time pandering to a demographic that is obsessed with transgenders and Communism.
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You should be asking for other demographics vote Republican.

Flan Handler said:
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.

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More old people, more room in the dating pool.
 
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John McAfee said:
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.
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It reminds me of '09-'10 where people keep saying all these jobs are out in a shovel ready lie but they aren't anything worthwhile and seem to be made to let the company hit a internal/government quota but then make the employer quit to keep them out after probation, a poorly set up trial by fire. What I fucking hate seeing is how there used to be HR people who were the older 50+ year woman (sometimes man) who was decisive and knew what was needed for the company because she had sweat equity, but now it's a 25 year old woman who runs everything through google searches to pretend she knows what she's talking about and has no concept of money because everything is cheap on Amazon and she's never had any struggle in life. This has fucked up so many proposals that paperwork is much more of a hassle than getting the order and job done in the first place.

That Linkedin tik tok from a few weeks ago where it's just glorified babysitting? That's everywhere now, even in small businesses.
 
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Puff said:
That under 10 range is terrifying. MAKE BABIES, PEOPLE
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Puff said:
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
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Nigger do you have kids to preach that shit on other people? Because I have one and wouldn't preach on others at all no matter how much I love him . That shit is hard work even with having money and inlaws helping.
 
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MasterBaiter said:
Nigger do you have kids to preach that shit on other people? Because I have one and wouldn't preach on others at all no matter how much I love him . That shit is hard work even with having money and inlaws helping.
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I get it, I am in the same boat. It is hard at times. But it’s also the best thing. And anyone who can, should. The future belongs to those who show up for it.

The global human population is undergoing a real filtering event, and unlike previous genetic bottlenecks, this one is self-selected, rather than a natural disaster.

We are looking at a future populated by the people best able to resist antinatalist programming. Who will that be?

My guess: the future is going to be a lot more religious, and probably lower IQ. Both of these are strongly genetic traits. It should be interesting.
 
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The Last Stand said:
COVID policies caused this recession. There was NO recession under Trump.
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COVID funny money definitely played a role, but there's like 3 bubbles waiting to burst to truly cause a recession.
By my count the following markets are all ripe for disaster:
-Student loans
-Housing
-Dotcom startups

One of those is going to go insolvent, that's what's going to cause the stock market to crash, and that'll be who Congress inevitably bails out without addressing any of the perverse incentives that created the bubble to begin with.
 
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Absolutego said:
-Dotcom startups
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Close; the one thats blowing up are specifically digital media startups, who invested immense money chasing ad revenue thats vanishing, consumers who are rejecting them, to produce content that nobody wants. The ubers of the world will tick along for the most part as they do provide a service that customers are interested in paying money for, the disconnect is just between cost and revenue, which investors expected. Media companies on the other hand are seeing complete widespread rejection, and mass investor losses or abandonment will start a panic in the sector, taking the rest down with them.
 
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Absolutego said:
COVID funny money definitely played a role, but there's like 3 bubbles waiting to burst to truly cause a recession.
By my count the following markets are all ripe for disaster:
-Student loans
-Housing
-Dotcom startups

One of those is going to go insolvent, that's what's going to cause the stock market to crash, and that'll be who Congress inevitably bails out without addressing any of the perverse incentives that created the bubble to begin with.
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Only one? You don't assume we are gonna go for the Hat Trick?
 
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Kuritan Deplorable said:
Close; the one thats blowing up are specifically digital media startups, who invested immense money chasing ad revenue thats vanishing, consumers who are rejecting them, to produce content that nobody wants. The ubers of the world will tick along for the most part as they do provide a service that customers are interested in paying money for, the disconnect is just between cost and revenue, which investors expected. Media companies on the other hand are seeing complete widespread rejection, and mass investor losses or abandonment will start a panic in the sector, taking the rest down with them.
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Uber and Lyft are still financially insolvent, gas prices have only made the charade more apparent.
My pick for the real domino, though, is all the food delivery apps. Postmates and Grubhub are currently burning through seed funding to spend 125% of per-user revenue on advertising to grow the user base. That's the scam that dominated the 2010s and has already resulted in a few places like WeWork going out of business. But it's a super widespread way to keep app-based startups in perpetual funding mode.
 
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@Gehenna So the buzz in your line of work is that the blue party doesnt want to address the recession.

So wouldnt this recession give the political parties some to make hay over? Same with abortion, or mass shootings.

Fuck god know people here see everything as a glow op.

why manufacture a crises when when you got plenty to chose from.

Also why is big tech playing minstry of truth of economic issues? I can understand covering for hunter biden
 
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