Biggest decline in US productivity in 74 years

[Celticguy]

Lets be real, trump lied to us about the pandemic from day one, and you and your kind went out of your way to be sure Americans weren't vaccinated, or wore masks. However the infusion of bleach was acceptable to you

I'll admit DJT should NOT have been taking Fauci's advice but as we heard over and over Fauci was the nation's leading expert. We now know otherwise of course.

[Hawkeye10]

I used that term to describe business activity shrinking as opposed to expanding

OH.

[Hawkeye10]

I'll admit DJT should NOT have been taking Fauci's advice but as we heard over and over Fauci was the nation's leading expert. We now know otherwise of course.

The CDC for instance had a sterling international reputation before the pandemic, now it is Dog Shit....same idea.

[Celticguy]

The CDC for instance had a sterling international reputation before the pandemic, now it is Dog Shit....same idea.

the democrats have that effect...

[Hawkeye10]

the democrats have that effect...

The Republicans failed almost as profoundly, which is why MAGA was able to walk in and take over the party.

The old guard are leaving, humiliated.

[Celticguy]

OH.

however the use of contracted providers makes it very easy to cut costs.
going to be really bad times for those companies for a few years or more.
thats why its always better to work for companies that keep everything in-house.

[Celticguy]

The Republicans failed almost as profoundly, which is why MAGA was able to walk in and take over the party.

The old guard are leaving, humiliated.

not fast enough but thats improving.

[floridafan]

I'll admit DJT should NOT have been taking Fauci's advice but as we heard over and over Fauci was the nation's leading expert. We now know otherwise of course.

So you preferred Trumps never ending lies. I am not surprised.

[goat]

no.

if companies are contracting they are doing it because they cant afford those people because their business prospects are looking bad.

get inflation under control and make Washington stop pissing fiat money away like the dam broke and economic conditions can begin to improve.

but we have to finish crashing first. about halfway there by expert opinion. (of course that was BEFORE the Make Inflation Worse Act being bandied about right now.

The markets always go up on news of cuts. Jobs being outsourced results in higher profits. That's the disconnect from the real economy. Capitalism has gone bankrupt 3 times in the first 20 years of the 21st century. It's time to stop pretending we're in a recovery.

[Hawkeye10]

however the use of contracted providers makes it very easy to cut costs.
going to be really bad times for those companies for a few years or more.
thats why its always better to work for companies that keep everything in-house.

My daughter worked contracting at Microsoft before she became an employee....she told me that of every dollar microsoft paid the contracting company they kept about 25 cents for profits and running their bureaucracy. Thing is at the time it was about the only way to get into the company entry level, they were not willing to hire anyone without getting a good long look at them first, because it is so expensive to get rid of people. She looked at it as wage theft, but had no options.

[floridafan]

My daughter worked contracting at Microsoft before she became an employee....she told me that of every dollar microsoft paid the contracting company they kept about 25 cents for profits and running their bureaucracy. Thing is at the time it was about the only way to get into the company entry level, they were not willing to hire anyone without getting a good long look at them first, because it is so expensive to get rid of people. She looked at it as wage theft, but had no options.

Just how would your "daughter" be privy to that kind of information? Did she have a seat at board meetings?

[Hawkeye10]

not fast enough but thats improving.

People wise up eventually, pain always works....eventually.

[T. A. Gardner]

Thats exactly why the Biden economy has brought back all the jobs that trump lost, and we still have so many positions available to fill. How quickly you pretend to forget the economic disaster we had in Trumps final years. Is there any wonder why he lost by 7 million votes?

Wrong. The jobs that returned were simply ones that stopped / were put on hold during the various lockdowns. The economy has hardly grown at all since Joke took office.

[floridafan]

Wrong. The jobs that returned were simply ones that stopped / were put on hold during the various lockdowns. The economy has hardly grown at all since Joke took office.

Unemployment was never this low even in the best of trumps year. next excuse?

[T. A. Gardner]

Unemployment was never this low even in the best of trumps year. next excuse?

And, the employment rate is the lowest ever too. That is, unemployment is low only because people have stopped looking for jobs rather than people are fully employed.