I'm old enough to remember when the vast majority of Americans said the economy was shit and nobody could afford anything, which included frozen housing and car markets, but we were all told tough shit. Oh, and "learn to code."
Jokes aside, I have a serious question on the private jobs topic:
Doesn't matter who is in office, why do we put the blame on them? Set aside the whole "the previous president's policies are in action now" argument, Congress being more responsible for the economy, Trump's tariffs, and everything else.
Why is the onus not on private industry itself?
-They lay people off constantly and not because it was necessary, but for the bottom line.
-You've got AI being used to replace people now and in greater numbers than you are aware.
-Companies outsource many of their jobs overseas or to H1Bs here (or whatever their code is)...and granted this one government CAN do something about, but wouldn't it be Congress?
-Study after study is showing American workers have never been more miserable and overworked (modern times only obviously) because every company is trying to run with the least amount of manpower possible. Meanwhile, customer service has never been worse, quality is in the shitter, and so on.
-Illegals took 'R jobs!!! Seriously, the construction industry has a massive, massive problem where companies stopped hiring skilled Americans in favor of unskilled, but cheap illegals. It's why they've been hardest hit by ICE raids.
-Our economy and most of the jobs have moved from higher paying manufacturing jobs to lower paying and easily replaced service jobs.
Ultimately, if private companies could reduce their payroll cost to $0 tomorrow, they would do it in a heartbeat. That's the president's fault? I don't even think it's Congress' fault?
Ultimately, as I've been saying forever, the system we're currently operating under is not sustainable. It's not Capitalism, it's "Serenity Now", because insanity is absolutely coming later.
Saw this about two weeks ago. Relevant: