Exactly. A shortage of workers. This means a shortage of workers to reap or make the stuff, even raw materials, and all the way up the chain to delivering it or managing it.
The thing about low wage workers is that, once laid off, they have a tendency to go find another low wage job. Why go back? Notice that most white collar workers telecommuted to work. Blue-collar workers collected unemployment and suffered.
It works for higher wage workers too. I know airline pilots laid off from the major airlines after 9/11 who were recalled 10 years later. It's a unionized system so they'd be going back as the lowest rung on the seniority ladder. Most, after 10 years, had found other flying jobs with up to 10 years of seniority or work outside flying. The recall rate was about 20% IIRC. Obviously this is dependent upon the type of occupation of the employee.
"Hatred is a failure of imagination" - Graham Greene, "The Power and the Glory"
I am realizing, once again, that the alt right lives in a very different world than the rest of us.
Yes, target inflation is 2%. That is distant enough from a negative number that we can be safe. Deflation is the worst possible situation, so we need some distance.
Have you tried to cross a border recently? It is difficult to get over the border.
Hiring has slowed, while vacancies have remained extremely high, because it is new jobs that are not being refilled. People returning back to work is done quickly, but filling a new position takes months. So we have millions of unfilled jobs, because they are new jobs, and they will take months to fill.
redfish (06-19-2021)
this is not about getting into Canada or Mexico, its about illegals getting in to the USA. Stop the deflection attempts and face the reality that Biden and Harris have destroyed our southern border and thousands are crossing every week bringing drugs, girls to sell, and all kinds of diseases.
Callinectes (06-19-2021)
Illegals travel through the legitimate border crossings by the truckload. They have tunnels, some huge , going under that wall. They climb over it as has been shown many times. They fly in. They use boats., Exactly, what will Harris showing up at the wall going to do about that? You rightys are so easily distracted by minutiae. Harris has not been to the wall. What would that do? The wall is a pretend fix. It is show. That is all rightys require.
if she saw it in person with the media along side, she and senile Joe could no longer make the false claim that the border is closed. In your post you acknowledged that fact, why won't the biden administration agree with you?
all of the crossings that you listed are happening because the Biden administration decided to stop enforcing our immigration laws. the goal being, as it has always been with the dems, to create a new dem voting block out of illegals. Everyone with half a lick of sense knows that that has always been their goal.
the part about shortages and that covid would have impacted the US regardless are correct. The part about Trump screwing up the response was wrong. But if you believe that, tell us what he did wrong and what Hillary or senile Joe would have done differently, and be specific, no BS talking points.
History has already proved you wrong. Trump knew the seriousness of the pandemic in December 2019 but lied about it so he could protect his financial interests.
Any good US leader, regardless of party, would have taken the lead on this, advised the nation everything they knew about the pandemic and, along with leading by example, do everything possible to minimize the negative impact on citizens and the economy. Trump went the opposite direction until he was forced to act by Republicans.
"Hatred is a failure of imagination" - Graham Greene, "The Power and the Glory"
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