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WTF happened in 1971?


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2021 Sep 20, 10:21am   11,193 views  65 comments

by Patrick   ➕follow (61)   💰tip   ignore  















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.

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48   rocketjoe79   2023 Jul 3, 10:26am  

Chicken Production is insane. With injections directly into the egg, Foster Farms can breed a chick to full grown in 43 days. This modern chicken weighs 3x what a chicken weighed in the 1950s.
I've noticed that chicken breasts are much tougher, and hard to cut with a knife. They are stringy and have very little taste.
49   Misc   2023 Jul 3, 10:39am  

In the 1940s, farmers were able to get 40 bushels of corn per acre. With modern farming, seeds and fertilizer; farmers are able to get 400 bushels of corn per acre today.

Say what you want, but the US population was 151 million in 1950. Today it is 334 million. We have not added extra farm land. However, the percentage of people in the US facing food scarcity is at an all time low.

Say what you want about modern methods, but the amount of good far outweighs the negatives.
50   AD   2023 Jul 3, 10:53am  

https://www.cnn.com/2023/07/03/business/tyson-antibiotics/index.html

New York
CNN

Tyson will once again use certain antibiotics in its chickens, eight years after it announced plans to ditch the drugs in some of its production and slapped a “no antibiotics ever” label on its packaging.

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.

About half of US poultry farmers use some form of antibiotics to help keep chickens healthy, the company noted. In many chicken farms, animals are raised in crowded and unsanitary conditions and can be prone to disease.

“At Tyson Foods, we base our decisions on sound science and an evolving understanding of the best practices impacting our customers, consumers and the animals in our care,” a Tyson Foods spokesperson said in a statement.
51   DemocratsAreTotallyFucked   2023 Jul 4, 4:06am  

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/
52   AD   2023 Jul 4, 8:19am  

1971 was major inflection point... around the start of EPA and other regulatory bodies meddling into business

the start of companies not paying pensions ...

the start of getting free trade relations with China ...

the start of technology and automation in manufacturing ...

the start of the stock market being a major wealth creator for the top 9% and especially in the 1980s with the proliferation of "growth stocks" ...

all of these factors had a major effect as far as reducing middle class jobs
53   NDrLoR   2023 Jul 4, 8:54am  

ad says


in the 1980s
Leveraged buy-outs was the big gambit then. I remember Ross Perot ridiculing them during his campaign, said they're not really producing anything just pushing numbers around creating huge amounts of debt. Wasn't Mitt Romney a big proponent of that? His father actually produced an affordable car but he produced nothing of any value.
54   stereotomy   2023 Jul 4, 9:06am  

NDrLoR says


Leveraged buy-outs was the big gambit then. I remember Ross Perot ridiculing them during his campaign, said they're not really producing anything just pushing numbers around creating huge amounts of debt.

Before leveraged buyouts, Milkin, etc. companies hoarded cash for bad times. LBO's raped the cash hordes of traditional conservative companies (mostly capital intensive industries). These traditional companies accumulated these cash hoards so that they wouldn't be slaves to the banksters. That, as well as before the 90's, there were effective prohibitions on stock buy backs. If a company wanted to increase its stock price, it had to generate higher profits. These higher profits were produced by innovation which was privately financed from within the company (Bell Labs, HP Palo Alto, etc.).

LBO shite effectively destroyed the traditional way of doing business. Now, as many on PatNet have mentioned, every corporation sucks at the government/FED teat. As long as corporations do what the NWO/WEF/globohomo wants, they get free money. Otherwise they die on the vine.

This is fascism, this is communism, this is oligarchy, this is the death of free enterprise, this is our sons being sold into slavery and our daughters into whoredom. This is globohomo.
55   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
56   AmericanKulak   2023 Jul 4, 10:18am  

ad says

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  

Trollhole says

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   DemocratsAreTotallyFucked   2023 Jul 4, 10:43pm  

Patrick 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?


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  

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.
60   DemocratsAreTotallyFucked   2023 Jul 4, 11:00pm  

AmericanKulak says

I wonder if they know Taiwan is about to be taken over.


Doubt that will happen.
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).
64   richwicks   2023 Jul 18, 11:22am  

AmericanKulak says

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  

Misc says


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.

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