Many of these new technologies are linked to AI. Though we usually think of AI as just a bunch of chatbots, AI is working its way into thousands of operations, jobs, machines, and companies...often unseen.
Squeezing Ag with higher interest rates. Hard to sell corn at 3.79 to cover Line of credit @9% interest payments.
I think the government has been lying about economic data for about 4 years. I think the situation is very bad.
If Trump gets in and starts telling people the truth about what has been happening for the past 4 years, the media will pounce and say that all the bad economic data in the news in 2025 is Trump’s fault.
Did anyone notice a few years ago when the ATM’s started spitting out $50 bills instead of $20 bills? Did you notice the same number of $50 bills pay for what the same number of $20 bills covered 4 years ago? Any size business, including those that are now out of business have noticed.
So many companies are close run things. Then, along comes the government and says, “That truck doesn’t meet environmental standards. You have to spend $100,000 on a new one.” That’s it, you’re out of business.
Many restaurants closing, as well as small businesses, too. The double-whammy of CovidBS-19 and now ridiculous inflation and high interest rates aren’t just effecting the top dogs. :(
What’s closing? Who is failing?
US Government added 80K jobs last month. They are not failing they are growing.
I don’t see Google, Amazon, or the other tech giants, especially those companies with ‘government contracts’ failing.
I see small business collapsing under Joe Biden’s policies. THEY ARE 80% of the employment of the US and they are failing in even areas that survived COVID shutdowns. I see more manufacturing failures.
What you see is the destruction of the middle class of America by Bidenomics. It’s going to accelerate.
Since 2020.
I wonder why that is.
One look at all the boarded up businesses - that have sat empty for two years, with nothing moving in - is all it takes
to know there has been a surge of bankruptcies.
In California, Newsom’s plan to bring fast food workers “into the middle class” via $20/minimum wage has backfired, as expected:
Hoover Institute:
“California Loses Nearly 10,000 Fast-Food Jobs After $20 Minimum Wage Signed Last Fall”
I’m about ready to file for bankruptcy myself. It’s about the only way I’ll be able to finally be able to keep my head above water since my disability applications keep coming back disapproved.
Luckily the pr business prez is going to import high skilled and educated people. Vis a vis the tech worker replacement of the 90s.
But planned parenthood’s cash cow is safe.
Another Bidenomics success story.
Just more proof that Bidenomics works.........BADLY.