8 pointsby pmags9 days ago2 comments
  • toomuchtodo9 days ago
    They are potentially attempting to create surplus labor by destroying federal employment, due to the tight labor market caused by structural demographics.

    Demographic stats: ~2M in the US 55+ die every year, ~5k per day. ~4M Boomers retire per year, ~11k per day. A healthy economy creates ~2M jobs/year.

    Citations:

    Biden's immigration silver lining - https://www.axios.com/2024/02/27/biden-immigration-workers-i... - February 27th, 2024

    Immigrants are rescuing a worker-starved U.S. economy - https://www.axios.com/2023/08/29/us-economy-immigration-labo... - August 29, 2023

    Are Older Workers Propping Up the U.S. Economy? - https://charleshughsmith.blogspot.com/2022/08/are-older-work... - August 8th, 2022

    (think in systems)

    • hkpack9 days ago
      I feel that I am usually very good in systems thinking, but it looks like what this administration is doing is much more close to vibe governing.

      When I hear about reasons for any decision, the second or third order effects are never mentioned or even considered, however emotions are always through the roof.

      Even Peter Navarro said that his duty is to justify the Trumps economic intuition.

      Musk is destroying woke virus and “increasing efficiency like in a business”.

      They show zero systems understanding.

      • toomuchtodo9 days ago
        No, I agree. We’re thinking in systems, they are not.
  • 9 days ago
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