It means no FED pivot. Powell can continue to increase rates as long as the unemployment rate is low. The market multiples need to come down to support the higher rates.
That worker shortage is the real deal. Sbx closed early the other day. No workers. But I see it all over. It’s bizarre to me. I know all the free cheese was the catalyst but that has long dried up. These are shit jobs. Jobs people worked because they presumably needed money. Why don’t they need money anymore? It’s bizarre
Airline pilot seems like a good gig. I don’t want them to relax qualifications
You mean like declaring any veteran can become a pilot without first becoming a licensed pilot?
I've watched too many episodes of air disasters to support relaxing qualifications lol
Well, when you lead the world in COVID cases and half of the country won't get vaccinated, that's what happens.
You’re mistaking Covid cases with destructive Covid policy. Classic mistake.
No, the economy tanked because more than 1 million people died. You're right about one thing, though; Trump's COVID policy was disastrous and it wasn't about anyone getting the sniffles.
Most of them didn’t die from Covid, they died with Covid. I had a headache the other day and almost got hit by a bus, if the bus had hit me, it wouldn’t have been the headache that killed me.No, the economy tanked because more than 1 million people died. You're right about one thing, though; Trump's COVID policy was disastrous and it wasn't about anyone getting the sniffles.
The biggest errors the Trump administration made in response to COVID
The costliest errors were committed in the pandemic’s earliest stages, the study finds.fortune.com
All the President’s Lies About the Coronavirus
An unfinished compendium of Trump’s overwhelming dishonesty during a national emergencywww.theatlantic.com
How the U.S. Pandemic Response Went Wrong--and What Went Right--during a Year of COVID
On the anniversary of this global disaster, we take a look back at some of the biggest mistakes, surprising successes and lingering questionswww.scientificamerican.com
usafacts.org
I guess it was just people who had the sniffles who were overflowing the ERs for 2 years, and why they had to bring in refrigerated semi-trailers to handle the bodies, and to have an ambulance ship sail into NYC.
This may happen every year, so being anecdotal it may mean nothing. I spoke with workers at Acadia, people working the boats, the bus tours, the restaurants, the shops. There were a lot of, "I was bored with my job and decided to do this" answers. That was in addition to the retired folk doing it for income.
Warren Buffett says "Any company that has an economist has one too many employees"
Maybe everyone drives uber now. doesn't matter where you are you click that button and have a driver in a new tesla within the minute
I was talking with a lady on the elevator last night and she does Uber and Uber eats. I don't know what she did before, but she loves it because she has a lot of freedom. I think the gig jobs are where a lot of people go rather than work somewhere that pays very little.
80% of those who died from COVID in the U.S. were 65 and older. Over 50% of COVID deaths were people 75 and older.No, the economy tanked because more than 1 million people died. You're right about one thing, though; Trump's COVID policy was disastrous and it wasn't about anyone getting the sniffles.
The biggest errors the Trump administration made in response to COVID
The costliest errors were committed in the pandemic’s earliest stages, the study finds.
All the President’s Lies About the Coronavirus
An unfinished compendium of Trump’s overwhelming dishonesty during a national emergency
How the U.S. Pandemic Response Went Wrong--and What Went Right--during a Year of COVID
On the anniversary of this global disaster, we take a look back at some of the biggest mistakes, surprising successes and lingering questions
www.statista.com
So you’re saying they released it to save SS?80% of those who died from COVID in the U.S. were 65 and older. Over 50% of COVID deaths were people 75 and older.
COVID-19 deaths by age U.S. 2023 | Statista
Between the beginning of January 2020 and June 14, 2023, of the 1,134,641 deaths caused by COVID-19 in the United States, around 307,169 had occurred among those aged 85 years and older.
200,000 died from 50-65 and after that it was about even. 240,000 from 65-74, 273,000 from 75-84, 276,000 from 85 and older. 60,000 people died from 30-49.80% of those who died from COVID in the U.S. were 65 and older. Over 50% of COVID deaths were people 75 and older.
COVID-19 deaths by age U.S. 2023 | Statista
Between the beginning of January 2020 and June 14, 2023, of the 1,134,641 deaths caused by COVID-19 in the United States, around 307,169 had occurred among those aged 85 years and older.
My point is that citing a million dead as the cause of the U.S. economy tanking without taking into account other factors--like the age, infirmity, work status, productivity, etc. of those who died--isn't very helpful.
It was way more than that. Restaurants, stores, and many other businesses shut down. Look at the employment figures that completely tanked. Older people have money to buy things, travel, etc. 50 isn't old. people under 30 generally don't.
The economy tanked because the government shut it down. Sorry, but government sucks sometimes. Covid was a prime example.
The point is it was a global pandemic. Things had to be shut down. Why is that so difficult?
No, they didn’t have to be shut down. That’s the entire point, you dummy. Humans can make decisions for themselves. They don’t need a midget doctor or Trump’s dumbass telling them what to do.