infinity ag said:
tysker said:
BusterAg said:
tysker said:
infinity ag said:
MemphisAg1 said:
tysker said:
MemphisAg1 said:
That's an ugly picture. It shows what we know happened with the big Bidenflation that spiked in 2022 and 2023. Then it eased and wages gradually made up to recover some of the lost ground. But this latest inflation spike threatens to turn it upside down again. I hope not. I'm about to retire and have three sons in their mid 30's who are getting off to a good start in life. None of us want to be derailed by the inflation monster.
Sorry for the bad news, but if you voted for Trump, this was the expected outcome.
Lol, I did vote for Trump and don't regret it.
But to be clear, he advertised that "Chyna" would pay for the tariffs, not the American consumer.
And then of course, it shifted to Wal-Mart and others would pay for it when it became clear that China wouldn't.
And then when that fizzled, he claimed the benefits of tariffs would offset any negative impacts.
... with these latest inflation numbers, I'm not so sure that a majority of Americans will agree with him in the midterms.
I see that a lot here. Some posters think that just because someone voted for Trump, they are 100% his cheerleader and don't have the right to complain. about Trump
Posters here tried to educate and inform others that tariffs and increased spending were a long-term negative and would not accomplish the stated goals, yet so many people are just too thick-skulled.
The laws of supply and demand don't care about your political affiliations
The tariff situation is much more complicated than you give it credit for.
1) What is the US going to do with soaring unemployment due to the massive adoption of AI?
2) Has the US economic policy that has allowed manufacturing of US products to go overseas so that we could specialize in knowledge based industries that have higher marginal value than manufacturing made the US employment left us more exposed, less exposed, or about the same when it comes to AI replacing jobs?
3) Has the practice of US corporations, that were seeking cheaper manufacturing labor overseas, giving away US intellectual property related to manufacturing processes and technologies been a huge, moderate, or small impact on the current state of employment risk in the US due to the adoption of AI? In retrospect, do you think that practice of IP gifting was short-sighted, even though it played to our economic comparative advantage at the time?
4) With the adoption of AI now posed to wreck havok on knowledge based jobs in the US, jobs which have systematically replaced higher-end manufacturing jobs in the US due to our complete ambivalence to currency manipulation and IP theft of our trading partners, what is an appropriate course of action and economic policy to facilitate economic growth for the middle class? Double down on knowledge jobs, which had a higher return and created a comparative advantage for the US from 1970 to 2024?
What drives me crazy is thick-skulled knuckleheads that thing they learned all they needed to know about macro economics in their Econ 102 class as a sophomore, and that all of the answers related to economics can be easily described with a single red and blue supply / demand curve chart.
Give me a break. What does AI have to do with anything I posted?
We are manufacturing more in the US than ever before, including high-tech manufacturing. You just dont want to see it because it requires fewer jobs than 50 years ago.
I have to remind Infinity Ag every couple of months that there are over 400,000 manufacturing jobs available right now. Just checked, and the BLS shows about 462,000 manufacturing openings in March 2026. There are opportunities out there, but I would argue that tariffs only add to the complexity and confusion for industry participants.
If you don't trust me maybe you can trust Scott Lincicome, who has taken a few more Econ classes than either one of us: https://www.cato.org/commentary/welcome-tariff-complexity-hell
My friend. Don't you get it? You keep giving me the same Boomer logic over and over again.
If someone has multiple degrees in a certain hot field from top US universities, there is a certain expectation about jobs they will do. But if they cannot get those jobs but they see H1Bs get the SAME jobs that they should be getting, it is a big problem. If such people get laid off with the CEO claiming "AI took your job" but then opens up 1000000 reqs for the same positions in India, that is a problem.
Get it now? I can't make it any simpler.
So you enticing Steve, an MIT/Stanford Computer Science grad with "manufacturing jobs" won't work. He will want to work on the latest LLMs and on SuperIntelligence and crap like that. But he will find those jobs given to Ramesh and Suresh from Tandoori College of Engineering, in Fakesville Haidurabad, India.
However... Steve may be enticed with a C-level job in those manufacturing companies with a $100000000000 salary. Do you have any of those in the 462,000 manufacturing jobs you claim exist? Or are those all blue-collar jobs that the olds seem to be so enamored with?
Show me.
Has anything in your post actually happened except in your imagination? I'm sure some workers are being undercut in wages. You know what, welcome to real life. Sometimes, it's not ****ing fair. We all have struggles, and, sorry to say, there are lots of people, such as yourself, who cry out to politicians to solve their problems.
I found your primary concern:
Quote:
If someone has multiple degrees in a certain hot field from top US universities, there is a certain expectation about jobs they will do.
Kids have been lied to by people like you about what to expect upon receiving these "multiple degrees." Your mindset is so backward-looking that you refuse to acknowledge that markets, industries, and economies shift all the time, and you instill these misconceptions in the minds of our children. Instead, you pine for the halcyon days of factory work and no competition from outside parties.
You know which field also has an expectation of more opportunities upon receiving "multiple degrees," yet is constantly being pushed out by lower-cost professionals and tech, such as AI? Public school teachers. And you know what many wind up doing when times get tough? Quitting or going into Admin work (i.e., not teaching)
The kids are smarter than anyone posting here and are obviously adjusting accordingly. We've already seen that fewer males are choosing opportunities in trades and skilled labor rather than going to college.
Call it Boomer logic if you like, but I'd rather people compete than rely on the government to protect them.