The Trump tariffs

Cooper said:
Good article on the subject:

Click to expand...
According to the article you linked to:

"Offering higher paychecks would likely compel more Americans to flock to the remaining open positions.
But the higher pay that Americans demand to work in manufacturing is one of the big reasons that many manufacturers left America in the first place."

So again it comes back to the issue of companies not paying enough. There is not a shortage of workers, wages just need to rise.
 
Australia Sucks said:
According to the article you linked to:

"Offering higher paychecks would likely compel more Americans to flock to the remaining open positions.
But the higher pay that Americans demand to work in manufacturing is one of the big reasons that many manufacturers left America in the first place."

So again it comes back to the issue of companies not paying enough. There is not a shortage of workers, wages just need to rise.
Click to expand...

There is a shortage of skilled workers for high-paying manufacturing positions, and a need for more/better technical vocational training.

This is what needs to be set up to address the issue:

 
Cooper said:
There is a shortage of skilled workers for high-paying manufacturing positions
Click to expand...
Even if true these high paying manufacturing jobs are very scarce to begin with the vast majority of unfilled manufacturing jobs are low wage jobs with poor working conditions. In general the main problem in western countries including the USA is that labour markets are oversupplied not that there is a shortage.

And companies have ridiculously long lists of requirements which sometimes run multiple pages while offering people $25 per hour pay. Its not a genuine shortage. If companies actually needed people they would train people from scratch but they don't want to do that because they are only concerned about next quarters earnings rather than building a company that will survive the next 100 years.

100% of these so called "labour shortage" problems are caused by the greed and short shortsightedness of corporations. They made their bed now they can lay in it.
 
Australia Sucks said:
Even if true these high paying manufacturing jobs are very scarce to begin with the vast majority of unfilled manufacturing jobs are low wage jobs with poor working conditions. In general the main problem in western countries including the USA is that labour markets are oversupplied not that there is a shortage.

And companies have ridiculously long lists of requirements which sometimes run multiple pages while offering people $25 per hour pay. Its not a genuine shortage. If companies actually needed people they would train people from scratch but they don't want to do that because they are only concerned about next quarters earnings rather than building a company that will survive the next 100 years.

100% of these so called "labour shortage" problems are caused by the greed and short shortsightedness of corporations. They made their bed now they can lay in it.
Click to expand...

"Next quarters earnings" often lead to the downfall of many large companies, the auto industry here in the USA is about to repeat history again....
 


TLDR the surge in US imports due to people trying to front run the tariffs is what is temporarily depressing American quarterly GDP. Underlying the economy is actually showing a lot of strength where the private sector is growing while government sector shrunk. Most of the growth under Biden came from growth in the government sector (i.e. unproductive growth).
 
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