Mid-Morning Reads for Friday, May 4th, 2018

May the Fourth be with you!

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Ellynn
Ellynn

Job rates is great. What concerns me is the slow rate of wage increase (only 2.4%) and the luck of qualified and skilled labor. Companies don’t want to pay folks more, since this raises their costs for their share of SSI, unemployment funds, 401(k) matches, ect. Most are giving out bonuses, or other benefits that can be written off in their taxes. https://www.axios.com/us-economy-adds-313000-jobs-in-february-1525436151-e0c17812-218c-44e1-936f-6336367fc99a.html Additionally, the same jobs release shows 62 % of the population is working. In general that’s a good number. The pool of qualified people for some skills are shrinking. In the past this number has been sublimated… Read more »

Benevolus
Benevolus

I think automation is a big factor in this. People are working, but after being displaced by a robot they end up working in a lower-skilled, lower-paying job. Fortunately, we are getting so much stuff from China that the lack of wage increases isn’t having as much of an impact as it would otherwise. Automation will continue to take jobs. It won’t be long before there are very few taxi drivers, bus drivers, forklift operators, warehouse sorters, etc. Population is still growing (slowly) but participation in the labor force is decreasing (more boomers retiring I guess). I believe automation will… Read more »

Raleigh
Raleigh

Walter Reuther had the best line for automation.
Walter Reuther and Henry Ford II, CEO of Ford, toured a new engine plant in Cleveland. As they walked about the plant, Ford gestured to the cutting-edge, automated machines, saying, “Walter, how are you going to get these robots to pay union dues?” Reuther replied: “Henry, the question is how are you going to get those robots to buy your cars?”

Ellynn
Ellynn

Although animation is coming (ie, McDonald’s is testing out order Kiosk’s in areas with labor shortages right now) this is not solving the current skills issue which has been brewing in the last 5 years. As I have noted in the past, the construction industry is extremely short on skilled labor. And it’s the mid-level jobs that are an issue. You can have a mason go through all the tech and vocation training you can fit into a 2 year program, but laying brick and block beyond a basic run (which any robot can do) takes skill which is only… Read more »

downthemiddle
downthemiddle

Automation is awesome but disruptive. Due to automation less than 1% of us are toiling on a farm for food. That is much harder work than any of us are doing today. We have the freedom to do so much more and advance as a civilization. Today is no exception. Better get a good education and be adaptable. If not, it is not pretty. But isn’t that the way it always has been?

Noway2016
Noway2016
Ellynn
Ellynn

I believe this is a joint indictment with both the tax division and local Virginia district of the DOJ with the SC office.

My question is why does the judge want to see the unredacted items?

Noway2016
Noway2016

The Great Man….speaking at NRA!

Noway2016
Noway2016

He just finished. Yall are so screwed in November! LOL!!

bethebalance
bethebalance

So weird.

Ellynn
Ellynn
Noway2016
Noway2016

Why are Schiff and Pelosi actively telling their lemmings to back off from and tone down talks of impeachment? LOL! If Trump is such a pariah , why back off!!??? It’s because to quote DeNiro in The Untouchables, ” You got nuthin’, you got nuthin’…” LOL!

Benevolus
Benevolus

Because it would take 66 67 senators. If they don’t get enough R senators to go to an intervention and get woke then there is no point.

Noway2016
Noway2016

Better late than never, B. I pointed that out on here about 9 months ago. But if they truly believe it, why not adhere to their beliefs?!?!?!?!?!?

Benevolus
Benevolus

Not having the vote doesn’t mean you have abandoned your beliefs.
Why am I responding to this?

Noway2016
Noway2016

Ahhhhhhhhhhhhhhhhhhhhhhhhh, streamlining are we??!?!!!?!? LMAO!

downthemiddle
downthemiddle

Franken is such a sniveling fool. Russia collusion…How is getting fake opposition research and trying to railroad a presidential election not Russian collusion? How can anyone not just laugh at these juvenile whiners? What are they going to run on? We hate a good economy. Anything that helps America we are against. Vote for us, we singlehandedly cratered NFL ratings. We just destroyed the Boy Scouts. We have polluted Washington. We can’t handle free speech on college campuses. We cant handle watching he Simpsons because Apu hurts our freaking feelings. We are gdoing to tear down all of the statues… Read more »

xdog
xdog

You might want to sit down for a while, maybe have a cool drink.

Noway2016
Noway2016

Maybe just go to your safe space. Everything he said was right. I cannot freaking wait till election day!!

Will Durant
Will Durant
Will Durant
Will Durant

I know I’m going to regret this but what in the H E double hockey sticks does the NFL do that “helps America”? Besides that this President is the one who appears to still bear a grudge with them going back to his New Jersey Generals bust.

Noway2016
Will Durant
Will Durant

No less than a trained “peace” officer pulling his gun on a man he assumed was stealing some mints:
https://www.washingtonpost.com/news/post-nation/wp/2018/05/06/an-off-duty-police-officer-thought-a-man-stole-mentos-so-he-drew-his-gun