An Adult Explanation of Inflation
- Thread starter katzgar
- Start date
"Overall, prices climbed 6.8% year-over-year, the largest increase since June 1982, and rose 0.8% over the past month. Higher prices were “broad-based,” per the Bureau of Labor Statistics (BLS), with substantial increases seen in the indexes for gasoline, shelter, food and new and used vehicles. The gasoline index alone rose 6.1% in November. Of course, those items are key to the basic financial life of normal Americans, thereby stretching their bottom line even thinner."
from link.
Democrats will solve this by Importing Cheap Third World Labor. See ... importing Cheap Labor will drive down prices. GREAT FOR INVESTORS ... not so great for the American Working Class.
Hmmmm ... I'm not sure throwing the American Working Class under the bus is a smart political move. Sounds more like 'HOW TO LOSE ELECTIONS' to me.
from link.
Democrats will solve this by Importing Cheap Third World Labor. See ... importing Cheap Labor will drive down prices. GREAT FOR INVESTORS ... not so great for the American Working Class.
Hmmmm ... I'm not sure throwing the American Working Class under the bus is a smart political move. Sounds more like 'HOW TO LOSE ELECTIONS' to me.
Melchizedek = Michael
Verified User
You'd prefer Trump's Brown shirts ?
Yeah. That worked ... when Trump was running. Trump's not running in the mid-terms. It will be about 'policy'.
I admit, Democrats have the Transgender Vote. American Working Class ... not so much.
ThatOwlWoman
Leftist Vermin
This is a temporary situation driven by the pandemic and the shortage of goods that can't keep up with the demand. It'll solve itself.
"Overall, prices climbed 6.8% year-over-year, the largest increase since June 1982, and rose 0.8% over the past month. Higher prices were “broad-based,” per the Bureau of Labor Statistics (BLS), with substantial increases seen in the indexes for gasoline, shelter, food and new and used vehicles. The gasoline index alone rose 6.1% in November. Of course, those items are key to the basic financial life of normal Americans, thereby stretching their bottom line even thinner."
from link.
Democrats will solve this by Importing Cheap Third World Labor. See ... importing Cheap Labor will drive down prices. GREAT FOR INVESTORS ... not so great for the American Working Class.
Hmmmm ... I'm not sure throwing the American Working Class under the bus is a smart political move. Sounds more like 'HOW TO LOSE ELECTIONS' to me.
there are 300,000 mfg robots in the US, 29,000 were ordered just this past November. The social dislocation the new economy will cause will be massive. The job of the future will be coding.
Agree. Automation, Robotics, Artificial Intelligence. Wave of the Future.
Any reason to import a bunch of Basket Weavers? (more people to keep the Department of Welfare busy?)
no problem, just send your ancestors home
Not really a 'Vote getter'. You can have a Big Heart ... but if you don't win the Election, it doesn't really matter.
The Head of the Fed disagrees with you.
https://nypost.com/2021/11/30/jerome-powell-its-time-to-retire-term-transitory-inflation/
not true
"Under questioning from Sen. Mike Crapo (R-Idaho), Powell confirmed that inflationary pressures would last “certainly through the middle of next year.”
Six months seems like a relatively short (transitory?) period of time.
T. A. Gardner
Thread Killer
No, idiots replaced by robots can do coding. The future for many is in the trades, particularly as artisans in trades. Robots can't do this, so it's a secure job field. But it requires a good degree of skill and training that seemingly the youth of today have been brainwashed by "educators" to believe is a waste of time. You don't need a degree to do this sort of thing, just lots of practice and patience.
Artisans in a trade are people who hand make items of fine quality. There are many hobbyists that do this sort of thing, but it can be done as a living too. Shaker furniture for example, would be an artisan trade as a job.
I enjoy as a hobby making model ships, like this one I'm doing right now:
That's what it looks like out of the box. Mine's about half done right now. The hardest part next is putting up the shrouds and ratlines. Lots of needlework and tiny knots involved in that.
The end result will be close to this:
Imported cheap labor won't produce cabinet and furniture makers, glazers, or other skilled trades who do upper end work. If there were more of this sort in our society, more people would have access to quality furniture, nicely finished homes, etc., because the price of such work would fall to an affordable level. It would give those willing to put in the effort a good paying job too.
So instead of being a Luddite and whining about automation, do something to work around the inevitable. It is also a reason for being against a flood of low value, unskilled labor entering the country. We won't need it, automation can handle that sort of mindless labor.
Could have been put any easier, basic economics
What Powell said was “the word has different meanings to different people,” and didn’t imply anything regarding inflation as being long term
ThatOwlWoman
Leftist Vermin
No, idiots replaced by robots can do coding. The future for many is in the trades, particularly as artisans in trades. Robots can't do this, so it's a secure job field. But it requires a good degree of skill and training that seemingly the youth of today have been brainwashed by "educators" to believe is a waste of time. You don't need a degree to do this sort of thing, just lots of practice and patience.
Artisans in a trade are people who hand make items of fine quality. There are many hobbyists that do this sort of thing, but it can be done as a living too. Shaker furniture for example, would be an artisan trade as a job.
I enjoy as a hobby making model ships, like this one I'm doing right now:
That's what it looks like out of the box. Mine's about half done right now. The hardest part next is putting up the shrouds and ratlines. Lots of needlework and tiny knots involved in that.
The end result will be close to this:
Imported cheap labor won't produce cabinet and furniture makers, glazers, or other skilled trades who do upper end work. If there were more of this sort in our society, more people would have access to quality furniture, nicely finished homes, etc., because the price of such work would fall to an affordable level. It would give those willing to put in the effort a good paying job too.
So instead of being a Luddite and whining about automation, do something to work around the inevitable. It is also a reason for being against a flood of low value, unskilled labor entering the country. We won't need it, automation can handle that sort of mindless labor.
What a lovely and rewarding hobby. That ship model is beautiful.
Our home was built by an artisan using local woods, mostly maple. It's high quality workmanship and materials. We are very fortunate that we can afford it; very few ppl, esp. in this area, could. That's one of the issues with what you mentioned -- the average person being able to afford artisan cabinetry, flooring, construction. My husband worked and saved his entire life to be able to buy something like this. He had no children to pay for. BTW, he is no "idiot." He has a masters degree and spent his career doing "coding" -- he is a software engineer/systems architect. Nope, robots don't do that work.
And that being said, we need plumbers, mechanics, construction guys, patient care technicians, craftsmen/women, etc. As a society IMO we need to treat those who aspire to work in the trades with the same regard and respect as we do those who have advanced degrees and who do the "coding" that runs the world. We also need to help them fund their educations so they can do these necessary jobs.
No, idiots replaced by robots can do coding. The future for many is in the trades, particularly as artisans in trades. Robots can't do this, so it's a secure job field. But it requires a good degree of skill and training that seemingly the youth of today have been brainwashed by "educators" to believe is a waste of time. You don't need a degree to do this sort of thing, just lots of practice and patience.
Artisans in a trade are people who hand make items of fine quality. There are many hobbyists that do this sort of thing, but it can be done as a living too. Shaker furniture for example, would be an artisan trade as a job.
I enjoy as a hobby making model ships, like this one I'm doing right now:
That's what it looks like out of the box. Mine's about half done right now. The hardest part next is putting up the shrouds and ratlines. Lots of needlework and tiny knots involved in that.
The end result will be close to this:
Imported cheap labor won't produce cabinet and furniture makers, glazers, or other skilled trades who do upper end work. If there were more of this sort in our society, more people would have access to quality furniture, nicely finished homes, etc., because the price of such work would fall to an affordable level. It would give those willing to put in the effort a good paying job too.
So instead of being a Luddite and whining about automation, do something to work around the inevitable. It is also a reason for being against a flood of low value, unskilled labor entering the country. We won't need it, automation can handle that sort of mindless labor.
comments like this are how I know you are drug addict. Your inability to process information is proof. My comments were about manufacturing, nothing more.
Good points, but I don't think educators are responsible for brainwashing the students. Many schools attempt to get more students to take vocational courses, but parents try to steer them to college.
Into the Night
Verified User
So learn to write code. It's not that hard.