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55
AD
2023 Jul 4, 9:55am
AD
2023 Jul 4, 9:55am
Yes it was fundamental transformation of economy into a service economy and Wall Street shenanigans
Lower interest rates just allowed them to play more into this such as with stock buy backs and home prices skyrocketed
Lower interest rates just allowed them to play more into this such as with stock buy backs and home prices skyrocketed
56
AmericanKulak
2023 Jul 4, 10:18am
AmericanKulak
2023 Jul 4, 10:18am
ad says
All the drug resistant diseases emerge near feed lots and packing plants.
If it was due to people not taking the last of the course of antibiotics at home, you'd see it concentrated in big cities, not clustered in the Midwest and South rural areas/small cities.
The company said the antibiotics it plans to use in chicken production are not important to the treatment of humans. Antibiotic use in food has come under intense scrutiny in recent years as some bacteria have become increasingly resistant to treatments as a result of frequent exposure to antibiotics. The Wall Street Journal first reported Tyson’s change.
All the drug resistant diseases emerge near feed lots and packing plants.
If it was due to people not taking the last of the course of antibiotics at home, you'd see it concentrated in big cities, not clustered in the Midwest and South rural areas/small cities.
57
Patrick
2023 Jul 4, 10:34pm
Patrick
2023 Jul 4, 10:34pm
Trollhole says
Woah, what is really going on here?
Are companies realizing that they can no longer count on cheap labor from China after experiencing supply chain collapse during the plandemic?
Globalization at least is starting to reverse.
Construction Spending on US Manufacturing Plants Soars, to De-Globalize Supply Chains?
The driver: computer, electronic, and electrical manufacturing.
The amount spent on building manufacturing plants in May in the US jumped by 73% from a year ago, and by 147% from May 2021, to $15.7 billion, according to Census Bureau data today. This by far outpaces the increase in construction costs...
https://wolfstreet.com/2023/07/03/construction-spending-on-us-manufacturing-plants-soars-to-de-globalize-supply-chains/
Woah, what is really going on here?
Are companies realizing that they can no longer count on cheap labor from China after experiencing supply chain collapse during the plandemic?
58
DOGEWontAmountToShit
2023 Jul 4, 10:43pm
DOGEWontAmountToShit
2023 Jul 4, 10:43pm
Patrick says
Pretty much. Although it's started before the pandemic. Then it accelerated.
Guess we can thank COVID for accelerating the deglobalization process by 10 or so years.
Woah, what is really going on here?
Are companies realizing that they can no longer count on cheap labor from China after experiencing supply chain collapse during the plandemic?
Pretty much. Although it's started before the pandemic. Then it accelerated.
Guess we can thank COVID for accelerating the deglobalization process by 10 or so years.
59
AmericanKulak
2023 Jul 4, 10:45pm
AmericanKulak
2023 Jul 4, 10:45pm
Patrick says
I wonder if they know Taiwan is about to be taken over.
Are companies realizing that they can no longer count on cheap labor from China after experiencing supply chain collapse during the plandemic?
I wonder if they know Taiwan is about to be taken over.
61
Misc
2023 Jul 5, 2:51am
Governments are paying private corporations billions upon billions of dollars to create manufacturing plants in their countries. Local governments have always been in the game of giving tax breaks to large corporations to start units in their jurisdictions,
In the future we will see if these government sponsored facilities are worthwhile or just a waste of taxpayer dollars (gifts to the politically connected).
In the future we will see if these government sponsored facilities are worthwhile or just a waste of taxpayer dollars (gifts to the politically connected).
64
richwicks
2023 Jul 18, 11:22am
richwicks
2023 Jul 18, 11:22am
AmericanKulak says
Taiwan is NOT about to be taken over, at least not by force.
Taiwan has to DEFINITELY be cautious about reintegration with the mainland, but they are going to do it.
Patrick says
Are companies realizing that they can no longer count on cheap labor from China after experiencing supply chain collapse during the plandemic?
I wonder if they know Taiwan is about to be taken over.
Taiwan is NOT about to be taken over, at least not by force.
Taiwan has to DEFINITELY be cautious about reintegration with the mainland, but they are going to do it.
65
richwicks
2023 Jul 18, 11:25am
richwicks
2023 Jul 18, 11:25am
Misc says
I haven't seen a good US government investment since GM, and I'm not even certain that was a good investment. Probably the last one was the loan to Lee Iacocca to save Chrysler. Iococca paid it back. He also saved IBM in the early 1990s. There's few businessmen I admire, most of them are just government cocksockers, Iacocca wasn't one of them.
In the future we will see if these government sponsored facilities are worthwhile or just a waste of taxpayer dollars (gifts to the politically connected).
I haven't seen a good US government investment since GM, and I'm not even certain that was a good investment. Probably the last one was the loan to Lee Iacocca to save Chrysler. Iococca paid it back. He also saved IBM in the early 1990s. There's few businessmen I admire, most of them are just government cocksockers, Iacocca wasn't one of them.
« First « Previous Comments 55 - 65 of 65 Search these comments
https://wtfhappenedin1971.com/
And many more excellent graphs there.
What happened in 1971 was that the Democratic party made a deal to betray working people and unions, and instead divide the public by race, sex, and gayness for the benefit of the oligarchy.
It was the year that Democrats starting working for Wall Street, and thus you see wages stagnate or fall while returns to capital (owners of stock) kept going up.
In 1972 Nixon went to China to work on the deal whereby all US manufacturing would be moved over there because they have such low wages, no worker rights, and no pollution controls. Very profitable for capital! Very bad for US workers.