Not being a contrarian or an alarmist or anything, but its just something I've noticed every time I scroll the microsoft news sidebar on my computer. Every other article is something about a plant closure, or X company shutting down a location and laying off X number of people, etc.
I figure its just the media trying to make Trump and his tariffs look bad, especially since most of them are either smaller/regional businesses with aging equipment that refused to update and get with the times, older companies that have been going through the liquidation process since like 2018 and are just now finalizing it, or just complete crap companies making microgreens or some fake meat or something.
But it's just something I noticed and I was wondering if anyone else has noticed the same pattern.
The economy right now is objectively shit. I mean we are at war and this depression is over a century in the making. I just wish Trump would be honest with us. We are experiencing mass layoffs and prices are not coming back down. The only reason silver is soaring is bc of the inflation. I wish he would just say "Look, we're fighting the bankers and it'll be tough for a while but we'll get through this for the better."
Hell, I wish Trump would start going after the ghost jobs. Companies should not be getting a tax break for listing jobs they've no intention of filling. He's not wrong that we're in a poor position in the tech sector, where we need to rely on H1Bs until we get schools back to skilling people up here instead of brainwashing them, though.
I work in tech, and to be honest I've grown tired of it, especially with all the AI crap (that Trump is also trying to champion), and I wanna get out of it. The issue there is this wonky crap where entry-level jobs pay $17-$20/hr but want either a year plus experience, or a degree. No one wants to invest in training anymore, and apprenticeships in the trades are few and far between. Seems like gone are the days when you could get into the trades and gain experience doing the work. They want you to have an associates in something before you can even get your foot in the door. Or maybe this is the downside of living in a tech and medical city.
Rant over..
The trades are rough. They constantly say they are struggling to find candidates, but then when candidates come they give them nothing. I feel as though this is trade school propaganda...just like pro-university propaganda....it's all the same designed to extract your $ and time.
The trades need workers but the workers available - young workers- have zero work ethic!! I have two sons in the trades and their work ethic is above and beyond, the apprentices coming on to the scene have zero work ethic. I blame this on the ‘give me give me’ attitude the government has been enabling in the upcoming workforce.
I know of two young men in my family, early twenties, both in Florida (west and central), both trying to get into the electrical trades. The first went to trade school (nonunion) for two years before he gave up. He's a quiet guy, but they continually "changed the goalposts" about when companies were supposedly taking on apprentices. It never happened. I don't know the full story, but the other guy essentially said the same thing and was also going to a nonunion trade school. Funny enough, he's even quieter, with no blood relation outside of Adam and Eve. Is that the issue here, quiet men in the trades, or are the trade schools lying out of their asses too?
Absolutely.
MSM is an enemy of the people and this is part of their plan to try and make President Trumps successes regarding the economy look bad. Assholes!
It is stupid to think these companies are all pure good entities. They are probaby deepstate.
Yeah. Ford promised to move manufacturing back to the US from Mexico in Trump's first term, and as soon as he was out, they resumed normal operations in Mexico. I'm also hearing (but need to look into it further) that FedEx got all the money to hire American, and then just hired a whole bunch of H1Bs.
I take a lot of the announcements from companies about bringing jobs back here with a huge grain of salt now. All they gotta do is gladhand about it while waiting 3 years until Trump is gone.
The only way real change will come is a combination of real benefit for companies to manufacture here, benefit for people working there, and ensuring it's something not easily reversed just because a Trump-like figure isn't in office.
Like I have been saying, mental instability is on the rise when the stability of life is on the decline. Careers? Hah, temporary at best.
its the other half of the usaid drought. tons of left-tard companies are just now liquidating (year end). the next step is to try to crash the banking system since the ukraine war is a bust. the metals markets are being jacked up to panic levels. just sit back and wait for the fraud to settle. no need to panic trade.
All those CEO's that have not stepped down are stepping up to make Trump's economy look bad. All on the side of Hillary who I just found out was CAUGHT by Trump.
So weird she is walking around free. CAUGHT? LOL.
Yes caught how exactly, we all know she's corrupt yet she's still a free man.
A lot “negative” news for this season planting some kind of bad seeds into people’s brains
No. Haven't noticed anything unusual.
In fact, I read more about plants being opened and jobs moving here.
It's a Texas thing.
http://www.dailyjobcuts.com/
This website does a great job covering all the factory and other closings.
Pay attention to the States where the businesses are shutting stores or leaving the State. Oregon has the worse State government for business. It is bleeding out long time businesses. Especially in Portland.
Not to worry though, our “DIE” governor just hired a Prosperity Director to turn the situation around. /sarc 😏
There are still huge numbers of stupid ones who will vote for the DIE Marxists.
Rural Mississippi is killing it.
Yes. Though there’s a plethora of factors at work.
A lot of companies way overhired during COVID for one. So some companies are just resuming normal staffing levels.
There’s been a couple decades of buyouts and over expansion due to the ease of access to Venture Capital that probably shouldn’t have happened. Now that the Boomers and Gen X are starting to retire and or prepare for retirement. They’re moving their retirement funds into less risky investments. Meaning Venture Capital is drying up rather quickly.
There’s the companies using AI and tech advances as an excuse to remove problem employees.
The past few decades of rampant outsourcing. Also mean many companies have supply chains stretching half the bloody world. So Tariffs are likely playing a part in their closure.
American Labor is generally just expensive anyway you slice it. Benefits, pay, holidays etc. It’s cheaper to either shift operations entirely. Or bring in Visa labor that works for pennies on the dollar. As a lot of companies are doing.
There’s also the fact they’re starting to crackdown on chemical and fillers used by American Companies to pad their profit margins. Which is eating into corporate bottom lines.
Unions keep asking for more in negotiations than Businesses can give. Supposing they get the deal they want. That usually means someone gets shafted somewhere.
There’s a few industries that are more less almost entirely dependent on illegals and immigrant labor. Because conditions suck so much even the dregs of American society would prefer being homeless than working there.So Deportations are negatively affecting them.
American Infrastructure is in the toilet. Costs keep going up as they continue to degrade. Which means Businesses are paying more for the same utilities. Upgrades and repairs that should have happened years ago. Didn’t. In fact many municipalities are losing more water due to leaks in pipes than Data Centers could consume.
While it’s difficult to tell due to immigration inflating things. Our population is declining. Less people buying and consuming things. Means less overall demand. Meaning less profits for Businesses.
There’s also the growing issue of Private Equity firms whose hallmark tactics are slashing staffing levels. Provide worse services at increased cost. Subsequently running the company into the ground so they can parse out the assets for even more profit.
There’s also the general fact. We’re pawns. Our jobs, and lives don’t have much meaning to the people who own these companies and firms. They’ll willingly layoff hundreds just to give their opposition bad press. Or make a point to the little people.
I don't really agree with the population decline but, but that's a whole other rabbit hole that has nothing to do with this conversation. From what I've gathered from my own research and from what people on here are saying, it appears to be a regional/industry specific thing. For example, in Texas, apparently a lot of NEW factories and plants are being opened in the steel industry and adjacent industries (automotive industry parts for example). These tend to be large hyperscale plants and factories as well, not small projects by any means. At the same time I've seen articles about a steel mill being shut down in St Louis and a car parts factory being shut down in rural TN this week. BUT the key part there is the mill was old and hadn't been updated in decades, and the car parts factory was in the same situation.
Venture capital doesn't really invest in a lot of these industries we're talking about (trades, blue collar stuff, etc.) They tend to go for more tech oriented stuff so that doesn't make sense in this scenario.
MY take on the matter is a combination of your first point (unwinding from the covid era over hiring) and shutting down old plants and factories where it makes more sense just to shut down and rebuild new than to try and rehab an aged, limited floorspace plant. For example a lot of auto parts makers I've seen doing this type of thing ARE shutting down older and smaller plants BUT they're also expanding on or building NEW plants in new locations closer to their assembly hubs.
As for the population thing, our population isn't really decreasing. I don't feel like getting into the argument again or explaining but to put it briefly, demographics and birthrate data are calculated wrong. The simplest method I can use to explain this is birth rates, birth rates in the US typically include ANY birthing age female. Including those in the 12-18 category. The exact same category we as a nation have done EVERYTHING in our power to prevent from getting pregnant since the 80s. And we've largely been successful with underage birthrates dropping by 90 something percent over that same time period. BUT including that LARGE category of women who we actively prevent (and with good reason) from having children in the birth rate statistics skews it horribly downward. If you adjust US birth rates for this factor, we're actually at like. 2.4 I think if I remember right. It's a little over replacement. Combine that with immigration (like it or net) and we're absolutely still growing population wise. It's not massive, but it's regulated and easy to handle growth.
Now if you wanna argue our population is shrinking somewhat from all the deportations I'm more inclined to agree, because it literally has shrunk somewhat. But at the same time I don't think there's been enough deportations to meaningfully effect the economy to this extent yet. Hopefully soon, but not yet.
Regardless, I've come to the conclusion this is a regionalized issue. Some are prospering massively (like Texas), while others are kind of getting crapped on because their infrastructure and equipment is so out of date its more cost effective to close shop and rebuild somewhere else (St Louis).
But my original question was whether or not this massive push in the media over coverage for this type of thing was a cabal type push to make Trump and his tariffs look bad, and I've come to the conclusion that, that's exactly what's going on. Some of this stuff has been going on since 2020 or 2018 at the earliest, but they're just NOW covering it to make Trump look bad.
Tell me about slavery again.
Good. Many of these are working for the deepstate. The less DS assets the better.
The tariffs have been around for just a few months. You can't make a determination about if something so enormous is effective or not after 6 months
Of course, the news was all-in on how great things were when things sucked, and now they are reporting honestly because of course the president is different.
Since 2020 I've just figured it's a slow and quiet liquidation of DS assets.
Their playbook is understood. Corporation will cut jobs at a historic level in 2026 in order to confuse the public and make them think that its Trump's fault leading up to the midterm elections. This is not likely to be a very good year for Americans, unless Trump and the white hats have countermoves to protect or insulate us.
Same.