Halls of Shrewd'm / US Policy
No. of Recommendations: 21
The US is going through the largest number of layoffs since...the last time Trump was President.
Every single Republican president in my lifetime has crashed the economy.
Trump will be the first one to do it twice!
Through September 2025, nearly 950,000 job cuts have been announced, marking the highest year-to-date total for layoffs since 2020.
https://www.allsides.com/story/economy-and-jobs-us...Are we great again yet?
No. of Recommendations: 9
The US is going through the largest number of layoffs since...the last time Trump was President.
Somewhere in the bowels of the West Wing- perhaps on an upper shelf in a broom closet, Biden’s autopen continues to churn out executive orders that are destroying jobs and shoveling Burisma money to Hunter.
No. of Recommendations: 2
According to a Sept. 1, 2025 report on PBS News--sorry I can't link to it, but I assume PBS is considered a reliable source by proglibs--you can google it if you are skeptical--about 1.2 million immigrants (both legal and illegal) have left the U.S. work force since Trump took office.
We also have a huge industrial and labor force realignment going on due to the massive investments and commitments to A.I.
It's not clear (to me anyway) that layoffs are per se a bad thing, individually or in the aggregate, if the reason for them is that companies are increasing their efficiency in producing goods and services at a profit.
Obviously, on the individual level, being laid off is painful.
But, as Obama said: "Learn to code."
No. of Recommendations: 18
It's not clear (to me anyway) that layoffs are per se a bad thing, individually or in the aggregate, if the reason for them is that companies are increasing their efficiency in producing goods and services at a profit.
Any evidence that this is what's happening, though? Because layoff are also an indication that the number of jobs is shrinking, which can be a very bad thing - especially if that's happening because employers are having trouble filling positions at a wage that makes the business function.
If you're running a farm and your supply of workers dries up because the Administration's policies have removed a million people from the workforce, you might replace those workers with other ones - or you might not be able to and instead end up having to close down the farm or reduce your output. Both of those are possible outcomes (among many others). Generally speaking, layoffs are typically considered to be a negative sign for the overall health of an economy, so absent some reason to suspect that these are the "good kind" of layoffs, it is troubling that they are happening at this level.
No. of Recommendations: 4
I have don't have to "prove" anything, albaby. My prior post was a response to someone who decided that "X" amount of layoffs = "orange man BAD!"
I made a very conditional statement. I didn't assert anything that needs to be "proved."
Thanks for the concern trolling though.
No. of Recommendations: 2
It's not clear (to me anyway)...
That says it all.
Thanks for the clarity!
Pete
No. of Recommendations: 3
The wise man knows what he does not know.
The fool believes he knows everything.
No. of Recommendations: 13
made a very conditional statement. I didn't assert anything that needs to be "proved."
I didn't say you did. I was also making a response to your statement, just like you did to the post before yours. Namely:
It's not clear (to me anyway) that layoffs are per se a bad thing, individually or in the aggregate, if the reason for them is that companies are increasing their efficiency in producing goods and services at a profit.
...pointing out that there isn't any indication that the specific condition that you provided under which these would be the good kind of layoffs is, in fact, what's happening. I would also point out that while some layoffs might be for good reasons or signs of economic health, as a very general matter layoffs are more often associated with negative economic factors than they are positive ones. For the simple reason that growing, vibrant, and healthy business are generally less likely to affirmatively lay off workers than sickly, contracting, or ending businesses are.
This isn't "concern trolling." It's a discussion - one person says something in a conversation, and another person follows with a statement relating to what they said.
