U.S. Factory Activity Reflects Exceptionally Strong Economy, Demand and Production Output…

Pontificating economic globalists are stuck between empirical good news and their preferred anti-Trump tariff narrative.  Economic media like the Wall Street Journal are filled with angst, as Trump’s manufacturing MAGAnomics continues to destroy their decades-long talking points and globalist preferences.

The analysis of June factory and manufacturing indicators from the Institute for Supply Management (ISM) highlight an expanding reality: increased production, increased new orders, increased employment, and demand outpacing supplies and transportation capacity.  Yes, all of this means the Main Street U.S. economic engine is firing on all cylinders.  We can only imagine what the Q2 numbers will reflect when it’s all rolled up.

ISM DATA – “Comments from the panel reflect continued expanding business strength. Demand remains strong, with the New Orders Index at 60 percent or above for the 14th straight month, and the Customers’ Inventories Index remaining low. The Backlog of Orders Index continued to expand, reading at 60 percent of higher for the third consecutive month. Consumption, described as production and employment, continues to expand in spite of labor, skill and material shortages.

What does this mean in blue collar language?  Short term: OVERTIME pay folks…. maximum earnings possibilities as demand for factory and manufacturing has all employment working maximum production shifts. Long term: upward wage pressure, jobs, jobs, jobs.

For the Truck Drivers?  Work, work, work.  You got a rig, they need it hauled. Everywhere.

Cont…. Inputs, expressed as supplier deliveries, inventories and imports, had expansion increases, due primarily to negative supply chain issues. Lead-time extensions, steel and aluminum disruptions, supplier labor issues, and transportation difficulties continue. Export orders expanded at higher rates  (read more)

Inventory backlogs, “supply chain issues” equals not enough drivers and haulers to keep up with production shipment demand. Thirst for raw materials.  “Supplier labor issues”, sources of raw materials and ancillary origination parts are having a hard time staffing up for the demand.   Yup, more upward blue collar wage pressure.  “Transportation difficulties“, again, Truckers and shippers in high demand.

Do you know how many countries would love to have these problems?   All of ’em.

These are good ‘problems‘ for Main Street.

MAGAnomic success everywhere.

Big, fat, beautiful blue-collar paychecks baby….

Winnamins, stock up; we ain’t slowing down!

We ain’t seen nothing yet…

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This entry was posted in Budget, Dem Hypocrisy, Donald Trump, Economy, Education, Election 2018, energy, Environmentalism, EPA, media bias, NAFTA, President Trump, Trade Deal, Transportation, Uncategorized, Union Activity - ALL, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

179 Responses to U.S. Factory Activity Reflects Exceptionally Strong Economy, Demand and Production Output…

  1. Minnie says:

    Thank you for this shot of optimism, the numbers speak for themselves.

    What is it the naysayers don’t see?

    There are none so blind as those who don’t see.

    Unless, of course, “those” are paralyzed by fear of losing the gravy train.

    There’s a new Train barreling rounding the bend, full steam ahead!

    Get onboard or get run over.

    🇺🇸🦁🚂

    Liked by 35 people

    • Minnie says:

      You’re the best, Sundance.

      Thank you 🇺🇸

      Liked by 23 people

      • Kent says:

        me too, Minnie…..me too….

        Liked by 2 people

      • piper567 says:

        the delighted baby is so cool. Just makes me giggle every time I see him.
        sundance is just the best at picking graphics Totally In Tune with his excellent writing!

        Liked by 5 people

      • Bud Klatsch says:

        Yes indeed, and two comments, a long time friend from my church told me the other day that his business is absolutely booming and he has hired two additional employees. He told me he thanks God every day in prayer and he believes Trumps’ presidency is an act of Gods’ devine plan for America and the world. Wow! Secondly, I cancelled my WSJ subscription several years back after nearly 40 years. Just could not accept their Globalist and anti-American opinions any longer.

        Liked by 4 people

    • NvMtnOldMan says:

      Minnie-I am 82 yrs old and this boom reminds me of the one the US had after WWII. I live in a small town in northern NV and every day see an enormous amount of large trucks going thru hauling brand new drilling equipment, road construction stuff, and loads of steel beams and lumber. It is crazy. Before Trump there were maybe 200 trucks a day and now it is estimated to be close to 2000. It is hard to cross the street in our little town sometimes.

      Liked by 9 people

      • Alison says:

        It is the same here, NV Mtn Man – semis on every stretch of our interstates; road construction to add lanes; cranes for commercial buildings; and housing developments spreading out faster than a wildfire in a gusty wind!!

        Colorado’s pump has been primed. Bigly !!

        Liked by 4 people

      • Mongoose says:

        Man, that dust must be something fierce!

        Like

    • mdaush says:

      One of my businesses requires steel deliveries, the steel distribution house says their #1 problem is getting truckers for deliveries, they are all maxed out!

      Liked by 1 person

      • JoAnn Leichliter says:

        Yes, mdaush. I very recently read an article about there being a serious shortage of truck drivers. Some companies will even pay for your schooling to get qualified and licensed.

        Like

    • kungfubarbeque (@kungfubarbeque1) says:

      I drove my own truck for 37 years. friends in the industry tell me daily there is not enough hours in the day available for all the work. the rates are higher than ever because they need the freight moved

      Like

  2. dobbsfan says:

    Excellent news. Our business is off the charts right now!

    Liked by 16 people

  3. I never get tired of hearing the latest news of WINNING. I wonder if Justin the Boy Wonder and the rest of them realize what a pathetic bunch of LOSERS they are.

    #MAGA 2020 AND 4EVER

    Liked by 9 people

  4. fleporeblog says:

    Your absolutely right SD!

    Liked by 15 people

  5. wheatietoo says:

    It’s only the Globalistas that are making a big whine about this, and condemning it.

    The same leftist economists…who are Always Wrong…are claiming this is ‘bad’ for the economy.
    We should remind them:
    “Hey, aren’t you the guys who are Always Wrong?”

    The same people who told us that NAFTA would ‘be great’ for the US…
    The same people who have been cheerleaders for Globalism…
    Yeah, the same people who have Lied to us about all of that…are now claiming that Pres Trump’s policies will be bad for us.

    At least they are giving us a list of ‘Who We Should Ignore’.
    😀

    Liked by 21 people

    • Minnie says:

      “And we should remind them – Hey, aren’t you the guys who are Always Wrong?”

      And we should remind them that our economy tanked under their watch!!

      This was years in the making.

      And OUR President is successfully challenging and reversing the disaster they created and WINNING!

      Liked by 7 people

      • wheatietoo says:

        “And we should remind them that our economy tanked under their watch!!”
        ____

        Yes. Yes, it did.

        And their favorite word was always…”unexpected”.

        As each new report on the dismal Economy came out, these weasels would proclaim that it was an “Unexpected Downturn”.
        Again and again.

        Their repeated use of the word “unexpected” became a joke!

        And now…these same people, who are Always Wrong, are asking us to believe the bs they are spewing.

        Liked by 2 people

        • SwampRatTerrier says:

          Just call them Wrong Way Corrigan.

          Douglas Corrigan (January 22, 1907 – December 9, 1995) was an American aviator born in Galveston, Texas. He was nicknamed “Wrong Way” in 1938. After a transcontinental flight from Long Beach, California, to New York City, he flew from Floyd Bennett Field in Brooklyn, New York, to Ireland, though his flight plan was filed to return to Long Beach. – Wiki

          Liked by 1 person

      • piper567 says:

        Minnie, in just 2 yrs!!!
        Now that we know the President doesn’t seem to need much sleep. can you imagine how many years and hours he spent figuring out all this stuff? Flowcharts galore; Bigly white boards.
        He’s only been at this Presidency for < than two years, and he's opened dozens of Pandora's boxes, and seems to know exactly what to do with the caca that spills out.
        VSG indeed.
        I love our President, he's The Best!!!

        Liked by 8 people

      • Phillie_fan62 says:

        What better person than our President Trump the ran a business and had to go around all of the regulations and tax crap and still made billions! He knows first hand what needs to be fixed to make a smooth operation work and prosper. He did it with his company, now he’s doing it with the country that we and he loves! These idiot pundits NEVER ran or operated or came near running a business. BUT they know how to make money smothering our economy though don’t they. sneaky S.O.B.s!

        Like

    • MAJA says:

      All the economists who missed the financial meltdown are now suddenly experts who know far better than PDJT how to fix the trade imbalance. Krugman is a fav of the left.

      Liked by 1 person

    • Bruce Fauth says:

      NAFTA? Doesn’t everything Trump says about this remind you that Ross Perot was right about that “sucking sound”? Perot was right. But he would probably not have been one tenth as good as Trump. He’d surely have been better than Billy Blow Job.

      Liked by 1 person

  6. Bendix says:

    As the wages edge upward, it will tempt workers to relocate to fill these jobs.

    Liked by 5 people

  7. Swanzinator says:

    “For the Truck Drivers? Work, work, work. You got a rig, they need it hauled. Everywhere.”

    Just a little anecdote on this: I work as an IT consultant, catering primarily to manufacturing clients, and one facility I was visiting with in suburban Chicago last week is experiencing this first hand. They have work orders on the shop floor that they can’t run because they can’t get the raw materials trucked in fast enough.

    A representative visiting from Yang Ming that day was taking a lot of heat from the plant logistics director for shipments being late — very late — but all he could do was shrug his shoulders. As a giant trans-ocean shipper, Yang Ming can move all the containers they want across the seven seas, but once unloaded in port they’re super dependent on US rail and truckers. The problem for this manufacturer (and, I presume, many many others) is that most of the major rail lines are at full capacity, and there just aren’t enough truckers to move the goods they need right now — to the point that independent truckers are getting bid up to drop one account in favor of another. They’ve never seen anything like it!

    MAGAnomics running on all cylinders indeed!

    Liked by 22 people

    • Minnie says:

      Thank you for sharing your firsthand experience.

      M🇺🇸A🇺🇸G🇺🇸A!!!

      Liked by 3 people

    • JC says:

      Great to hear, Swanzinator! These are growing pains we can live with while we rev up to speed for this burgeoning economy.

      Look at this! I could cry. So many years, so many years, of grinding oppression and rampant theft of everything American. All we needed was an America-loving, patriotic businessman VSG President. Americans immediately stepped up to the plate and swung for the fences with their gutsy spirit, and here we are. Thank you, Lord God Almighty.

      Liked by 11 people

      • Phillie_fan62 says:

        Kind of reminds me reading about how the country ramped up to war production at the beginning of WWII. Once it got going and up to speed? LOOK OUT! There ain’t nothing like United States workers and production. Get out of the way democrats and globalists Trump is showing all of you what the world is missing. Capitalism at it’s finest. AND American exceptionalism! Hear that Barry? Hear that Bernie, Hillary, The Bushes? All of you loser globalists! Get out of the way the train is picking up speed faster everyday.

        Like

    • wheatietoo says:

      The Truck Driving Schools are going to have to hire more teachers.

      I did a search last week to see ‘how many’ of them are out there.
      And there are a lot of them!

      There are even ‘locator services’ for finding the right Truck Driving School.
      Heheh.

      And you can get a Student Loan to cover the cost of the tuition.
      Which is pretty cool.

      The training programs last from 3 to 12 weeks, depending on the type of truck you’re wanting to get trained for.
      Most of them are 5 days of week type of schools.
      Looks like the ‘average’ program for getting an 18-wheeler CDL, is 7 weeks.

      So it’s not like it’s going to take a long time, for more certified drivers to be getting on the road.

      Liked by 8 people

      • wheatietoo says:

        Ack…*are 5 days a week…(not *of* week)

        Like

      • I’d start with a smaller truck, get lots of short range work and continue to attain the bigger truck licences while earning and gaining driving experience.

        Liked by 3 people

      • GB Bari says:

        Actual experience by trucking companies is that the shortage of drivers is being caused by three factors. Far to few applicants who can pass the drug and background checks, far too few applicants who are willing to spend the hours on the road without seeing their families, and increasing health concerns regarding jobs that require long periods of sitting. I’m not kidding.

        Have a family member who drives tractor trailers for Port of Baltimore. He is most senior out of a crew of 32. Works daylight only, 10-14 hrs max per day; anything over 8 hrs is OT. ALWAYS is home at night. Gets decent benefits and great pay.

        They cannot find qualified drivers to replace retiring drivers. Those jobs require clearance by Coast Guard, and additional certificates. Takes about 12 weeks to get these. Existing drivers get all the OT they can handle. My relative wants to retire but can’t turn down the huge OT money. He says, “If I quit, the truck will sit.” This situation is common across the county. I hope some younger Americans realize that this work beats working minimum wage jobs and learn to toss the pipe and the bong.

        Liked by 8 people

        • Paul Paul says:

          Until very recently, at least, the fact that most millennials don’t want to be truck drivers has been driving investment into self driving trucks…

          I don’t see that changing?

          Like

          • KBR says:

            I do not trust any vehicle on the road that is “self driving.”

            The research phase of “what will happen on the road with self driving vehicles?” should NOT put human beings as the guinea pigs for this inane expiriment.

            Putting self driving transfer trucks on the road is asking for more accidents, and they will be attributed to “oh well, a computer glitch and nobody is at fault. It was caused by a sunspot affecting the computers” an “act of God type thing, uninsurable, nobody’s fault really.” Yet the dead people are still dead, the injured still injured, the paralyzed still paralyzed, the orphans still orphans.

            Until separate roads are built for selfdriving vehicles far away from human drivers, (not just jumpable medians or painted lanes) we should NOT allow them.

            Liked by 3 people

            • Paul Paul says:

              I agree with you on the danger of self driving cars and trucks. I am merely noting that even before the MAGAnomic jump in the economy it was difficult for trucking companies to hire young workers. What will it be like now, with the increase in demand?

              Like

              • GB Bari says:

                Paul you are correct. My relative who is the veteran truck driver says this shortage has existed for at least 5 years.

                Like

        • JoAnn Leichliter says:

          It is true that sitting for long periods of time can have very negative health consequences (risk increases as you age), including a significantly higher tisk of blood clots. That is why anyone driving long distances needs frequent breaks for some exercises; this is an issue on transAtlantic flights, as well.

          Like

    • PS says:

      Just remember that most of that rail system (Northern Pacific, now BNSF) was bought up a few years ago by one Berkshire Hathaway… our anti-Trumper buddy Warren Buffett.

      Like

    • SwampRatTerrier says:

      I live very near a large rail yard. Ever since last August at least there are trains now going day and night.

      Liked by 1 person

    • mdaush says:

      I opsted this above that my steel distribution vendor says getting trucks for deliveries or steel delivered to him is according to him “all bets are off as to when I can get a truck”!

      Like

    • unconqueredone says:

      “…The problem for this manufacturer (and, I presume, many many others) is that most of the major rail lines are at full capacity…”
      I live near a major rail artery from Pittsburgh to Chicago. I no longer hear the trains unless someone on the other end of the phone asks what the noise is. They run as quickly as the tracks are clear for the next one, generally piled 2 containers high.and as long as regs allow.

      Like

    • Questioning says:

      Too many oil shipments being sent by rail and not pipelines? Perhaps we can bring in idle Canadian truckers?

      Like

  8. Kent says:

    Bring home the bacon, Mr. President…(Don)….love you man!

    Keep up the Winning!

    Liked by 2 people

  9. YvonneMarie says:

    My son is a blue collar worker. It is not the profession we wanted for him. But he did what he wanted to do.
    We raised him in Catholic schools for twelve years. Then he got an associate degree.
    He always just wanted to work.
    He is 27, owns a car & pays a mortgage on a his home.
    I am proud of him.

    Liked by 17 people

    • Lemmy says:

      And so you should be.

      Liked by 7 people

      • josco scott says:

        I strongly recommend that parents not send their kids to college.

        I was early-retired last year because I troubled the minds of some poor little Lefties who complained to the administration. I was instructed not to ask students to read ideas they didn’t already agree with (only the Left, of course).

        It’s not just biased anymore. They’re purging anyone who doesn’t slavishly follow and teach the orthodoxy. It’s like sending your child to Satan’s Seminary. So… your child did well!

        Liked by 5 people

        • mdaush says:

          I went to a Gala recognizing alums, professors etc for my Catholic college alma mater.
          The professor recognized that evening espoused about global warming throughout her video and thank you speech……disappointing.
          I don’t ever expect to hear a professor who thinks differently about GW to get the award in the future!

          Like

    • Minnie says:

      God bless you and your son ❤️

      Liked by 6 people

    • Robert Smith says:

      I went to college, have multiple masters degrees, and led a professional corporate life. Truthfully, I would have been happy or happier in a trade.

      Liked by 5 people

    • KBR says:

      And he could have been white collar like so many University graduates are, what a shame/ sarc:

      Like

  10. Lemmy says:

    There goes Trump waving that magic wand again.

    Liked by 6 people

  11. kebie says:

    I’m a Production Manager at a plant make electronic components for military and space applications in San Diego, we cannot find enough people to hire. We’re going to have to increase our wages to be competitive. that’s never happened in the 15 years I have been here. I know I’m “management” but MAGA!!!

    Liked by 16 people

  12. Timmy- the-Ute says:

    The Economy is doing quite well. The Stock Market is flat to bearish for a number of reasons. Higher interest rates, no more QE from the Federal Reserve, and people are going back to investing in real Estate.

    Liked by 1 person

    • Minnie says:

      They certain are, timmy.

      I can’t tell you the number of Closings held the past 2 months (paralegal here) and the number of pending deals awaiting title and clearance.

      I’ve lost count!

      Suffice it to say, our office has been extremely crazy busy since January.

      And real estate matters are only a small portion of our area of law.

      It has been an exhausting few months yet truly invigorating.

      Akin to a serious workout, the endorphins are MAGAnificent 😆

      Liked by 9 people

  13. C. L Roemke says:

    Will Chamber of Commerce celebrate with us now, or commit political suicide?

    Liked by 1 person

  14. Sharon says:

    Sundance I love the baby face😂😂 !

    Liked by 4 people

  15. Marygrace Powers says:

    God Bless VSGPDJT/ #MAGAnomics

    Liked by 5 people

  16. Jeffrey says:

    I have been in manufacturing for 41 years. I am grateful for my president to demand fair trade as my industry has been decimated for decades with liberals taunting us that we should learn a “better” trade.
    They completely cannot fathom the intricate complexity of creating advanced vehicles and equipment from the dirt upon which they trod.

    Lately several employees have left the factory I toil at for better everything. I can only hope the owners reflect on raising pay to retain the remaining talent as I don’t really wish to have to prove my value all over again elsewhere.

    We are struggling though. The recent increase in steel and aluminum prices seems to rise by the week and demand has increased. We are forced daily to try and pass the raw material increases to our customers and some of them refuse to understand it and send the components we create out to many other factories for fresh quotations.

    Sort of an unintended consequence, a measure taken to help US manufacturers has raised the cost of manufacturing but not the profit margin.

    I do still feel that president Trump is doing the right thing though. Just have to endure more pain for a while. Nothing new in manufacturing…

    Liked by 5 people

    • Kent says:

      That’s great, Jeffrey!
      I’ve got a lot of confidence that you and your co-workers will find a way to get it done….

      ..ain’t nothing better than economic activity..…..

      Liked by 2 people

    • Mik says:

      We used to say “The more you sweat today, the less you will bleed tomorrow”

      Liked by 2 people

    • Those many other factories doing the “fresh quotations” will almost certainly have the same problems as you do.
      It’s a matter of having the courage to raise prices “FAIRLY” to cover the increased cost. The extra profits will come from increased volume.
      [All that is easy for me to say….this I admit]

      Like

    • Jeffrey – a valuable post on WORKFORCE RETENTION.
      • We all should read twice and reflect.
      • Every employee departure creates a net 3+ months of LOST OUTPUT.
      • PLUS the fully-loaded REPLACEMENT COSTS.

      It will take employers 3-6 months to fully “get it” and take bold enough action to do EVERYTHING in their power to avoid revolving-door employee TURNOVER.
      • Once it gets going, recovery is EXTREMELY difficult, time-consuming and expensive.
      • You LOSE your EXPERIENCED EXPERTISE that trains and develops replacements.
      • Managers must spend ALL their time fighting fires rather than managing.
      • It’s all hands on deck to simply EXECUTE.
      • Improvement becomes a PIPE DREAM.

      REPOSTED from Presidential thread earlier today:

      What’s REALLY driving the USCOC nuts is the RISING LABOR COSTS they’re going to have to pay as the labor market continues to tighten.

      Tightening Drivers:
      • Hiring to meet demand from Tax Cuts 1.0 leaving more money in workers’ pockets
      • More Job Openings than Workers Looking – ALREADY!
      • Deportation/Detention of Illegals that creates local “Swiss-Cheese Staffing”
      • Deportation of Visa-Worker Overstays & Discontinued Visa-Worker Replacements
      • Huge demand surge to produce in America to avoid new Import Tariffs & Sanctions
      • Constructing Plant Expansions & new Plants
      • Relocating Plants back to America
      • Staffing up for above Manufacturing Expansions – FROM SCRATCH
      • Hiring to meet more demand from Tax Cuts 2.0 this fall

      Rising Labor Costs:
      • Pay Raises & Bonuses from Companies SHAMED into passing Tax Cuts on to workers
      • Costs of Recruiting & Training New Hires & Replacement of Illegal/Visa Workers
      • Costs of Hiring Delays due to Worker Shortages leading to Cancelled Orders
      • Costs of Production Downtime & Startups
      • Costs of Lost Customers, Sacrificed Growth & Lost Market Share
      • Costs of Poaching Workers from other companies to prevent Hiring Delays
      • Costs of Worker Shortages for Poached Workers
      • Costs of Hiring Delays, Recruiting & Training to replace Poached Workers
      • Costs of Benefits Improvements to RETAIN Workers
      • Costs of Raising Total Compensation for Existing Workforce to MATCH New Hires

      Liked by 3 people

      • KBR says:

        Add in the cost of losing excellent workers by expecting the few to work 24/7 to make up for the ones already lost: overtime is good, but requiring too much of it creates a very bad work environment. Overworked people find another job.

        Liked by 2 people

      • KBR says:

        All these things should be factored into a comparison of the cost of on-the-job training instead of waiting for already-trained workers to show up begging for a job, or for new trade schools to get going and graduate already-trained people.

        Whatever makes bluecollar management think that some college teacher can train somebody for a bluecollar job better than his own best experienced workers?

        And whatever makes bluecollar management think that a brand new grad with a piece of paper from a college or tradeschool should be hired for “supervisory positions” over his best-experienced workers or over the people the best-experienced workers trained themselves?

        If excellent bluecollar workers who also showed a knack for training and had great people-skills would be on-the-job trained for management positions, instead of hiring the degreed-but-uneducated-just-liberally-indoctrinated for their management, my how their companies might benefit.

        Pieces of paper are NEVER a good substitute for school-of-hard-knocks experience in bluecollar world.

        Liked by 1 person

        • The Trump Boom will give business the perfect environment for expedient lessons learned.

          Everything will be about ADAPTING to WIN at TrumpSpeed. Darwinian FLOURISH or FAIL.

          Rapidly-expanding Companies will soon recognize that the only boom-environment solution is up-or-out for supervisors and management.

          Liberal Group-Think Indoctrination Schools will become recruiting pariahs as their FLAILING or SUBVERSIVE graduates get rooted out.

          Like

        • Portent of TrumpEducation: Cancelled guidelines for colleges to use race-based admissions to goose “diversity”.

          Liberal Plantation Masters once-again will be forced from LEFTY RACISM to MERIT-BASED ADVANCEMENT recognizing “the content of their character, not the color of their skin”.

          Like

    • mdaush says:

      This is a tricky time when it comes to profitability, especially for smaller businesses. I had an order for a certain gauge steel product that I make. In order to meet my customers time deadline, I had to buy steel 15% heavier than I needed because it was all I could get in that timeline. I have to eat that excess steel cost which cut profit margins by a third.
      Interesting times though!

      Like

    • Dan says:

      Very similar here in the multinational corporate steel industry. Salaries are flat. Benefits were slashed during ACA roll out era. We are hemorraging people. The legacy steel industry has no salary Gen X due to mis-management that came to a head in the late 80s/90s. Boomers are about half retired, at our site we’ve lost 30% of our late Gen X / Millenial salaried. And these arent tile crew, these are the front line foremen, engineers and planners. They’re going for better compensation. Tile crew has their fingers in their ears going ‘LaLaLa’. 6 months ago, when a CEO from the city was visiting, an out going engineer told him there is big trouble in his future with respect to retention. The CEO showed the engineer the door. Same CEO was up again last week, visiting to see what can be done to retain people. He looked worried. The umion work force isnt going anywhere, they got a sweet heart deal. But you can not run or maintain a steel plant without people to plan and manage it.

      Like

  17. Keep the great news coming, Sundance!

    Liked by 1 person

  18. Over40withAbrain says:

    I picture Paul Krugman getting up every morning with his hands over his ears yelling “I’m not listening. I’m not listening.”

    Liked by 3 people

  19. NJF says:

    “Pontificating economic globalists are stuck between empirical good news and their preferred anti-Trump tariff narrative. Economic media like the Wall Street Journal are filled with angst…”

    I saw a tweet calling out Jennifer Rubin and I went to her timeline, whoa. The above fits to a T. These people are literally sick with hate and lies.

    Liked by 3 people

  20. dufrst says:

    This is great news! Unemployment rate will continue to decline. In the Midwest, the unemployment rates are falling below 3%! So, it’s more evidence that the economic core of this nation that the globalist through trade, immigration, and environmental policies tried to hollow out is now revving up and in a big way! The fundamentals is simple: When your core is strong – whether your physical or economic core – the whole body/economy will be strong.

    Fundamentally, the coasts is where the interface of trade occurs, between our core production of manufacturing and farming products and the incoming products from overseas. The coasts are merely facilitators, but in recent decades there has been a move to shift the economic core of the US to the coasts. This was done because of politics. People on the coasts, not familiar and far removed from actual production, are more likely to support big government policies than those who are involved in production that see big government policies as an obstacle to their production. So the Democratic Party adopted policies that would benefit their political ends by harming the economic core thus abandoning their blue collar base in favor of forcing them to the coast through economic destitution. When the factories left because of trade, when the farms were shuttered and mines closed because of environmental policies, and when immigrants were allowed to flood the cities to turn states like Colorado, California, Virginia, etc. to purple and blue states, the economic core was on the ropes and thus our nation, because you can never truly shift the economic core to the coasts without real consequences.

    Donald J. Trump changed everything by understanding that you cannot self-inflict economic wounds and survive as a nation. So he reversed every one of the politically driven economic globalist policies meant to weaken the US and now the result is a rejuvenated economic core which will ironically lead to even stronger growth on the coasts as all of the production starts to flow from the core to the coasts and then to the world. Investment is growing in the core, followed by production, which leads to greater employment, which leads to greater consumption, which leads to heighten activity on the coasts (as greater consumption facilitates greater trade volume, leading to greater growth and lower unemployment in the cities), which leads to rising wealth for all.

    Our economy is a machine. Feed the core and everything else will grow from there. The economic core of the U.S. is the middle of the country; the great Mississippi water basin with it’s farms, factories and energy production. Get that revved up and those goods will flow to the coasts, where they are marketed, serviced, traded, financed, insured, etc. Technology is then developed to boast the productivity of everything and thus is an industry that can exist on the coasts or the core, but it needs a strong industrial sector to feed the need for more development.

    Trump understands all of this. He understands how an economy works. He understands the strength of our nation. He is unleashing all of the animal spirits, using every bullet he has to supercharge this economy, whether it’s deregulation, investing in defense and space to galvanize our technology industries, cutting taxes, and unleashing American energy. His tariff polices will result in the return of even more industries that were hallowed out by the globalists. First, he requested fair terms and they scoff and laughed, now he’s demanding fair terms with a whip! One or another the jobs will come back and the US will be so strong that it will be something to behold! MAGA was not just a slogan, it was a man’s passion to reawaken the possibilities of a great nation whose time is long from being over.

    Liked by 15 people

    • TrueNorthSeeker says:

      Dufrst…I’ve never heard our economy explained in this fashion. Very interesting take. I like the “core” analogy. Thank you for your post.

      Liked by 3 people

    • piper567 says:

      great post dufrst, thanks for taking the time to write this out.

      Liked by 3 people

    • Yet another POWER POST, dufrst.

      RE Agriculture: President Trump has yet to unleash America’s farming capacity.
      • Looks like he’ll do it embedded in Trade Deals.
      • The Big-Ag suppression of American farming output to spike prices will TERMINATE.
      • This will deliver another STUNNING benefit as basic food costs tumble for consumers.

      RE Compensation Growth: America will be SHOCKED at how rapidly and significantly take-home pay will grow.
      • Initial Consequence: Massive job-hopping for significant raises and incentives.
      • Interim Consequence: YUGE growth industry for Apprenticeships and Retraining.
      • Ultimate Consequence: America becomes the Automation Nation… NO CHOICE!
      • Compensation Result: Even higher compensation as “now-flexible” workers ADAPT!

      Liked by 2 people

      • dufrst says:

        U will love this interview. Farming will be back bigger than ever before!

        Like

        • Pratt was brilliant.

          He knows President Trump will crush the market-manipulating Big Ag guys with multiplied exports and multiplied smaller competitors. Expanding our sidelined Farming capacity and production just like Trump is doing by restoring our offshored Industrial capacity and production.

          Like

          • dufrst says:

            It just shows the potential of the country. Investment (in this case $2 billlion) -> more production (double agricultural output) -> more jobs -> more consumption -> more trade -> GDP growth -> MAGA (more wealth and prosperity for all).

            It’s a beautiful thing and Trump has unleashed it all. This is just one example of many.

            Liked by 1 person

  21. Canadatrump says:

    He and his train keeps chugging along smashing the elites, strike that, the LIARites. We were always told trust the economic professionals, trust the banks, look up to Hollywood, the IC community has the highest integrity, trust your politicians it’s hard to get change, the media will hold them all accountable.

    Bull $#!? One big facade 80 percent or more of them are crooks to keep everyone naive and on the keep them rich and powerful plan. I am tired of that plan and President Trump is helping expose this to the whole world. He is without question the best leader of my lifetime just bringing this to sunlight. God bless him and there is no turning back, power to the people period!

    Liked by 4 people

    • Your Tour Guide says:

      Speaking of trains…..

      Anyone live near an area where all of the train cars sat on
      the sidelines as the economy tanked? Do you now see these
      areas being emptied out, or have no cars parked there at all?

      Post some before/ after pictures of these areas. Have some
      way of identifying them by dates. The “before” pictures might
      already be dated. Some local news agencies were running
      stories on this a few years ago.

      Liked by 2 people

      • KBR says:

        Speaking of trains:
        PDJT’s nominee Ronald Batory (45 years railroad management experience) was confirmed as Federal Railroad Administrator February 13, 2018.

        The Obama FRA was Sarah Feinberg, (zero railroad experience, zero management experience) and first a member of Obama’s election team, then worked for Facebook, and then became Federal Railway Administrator: but she did produce a pretty much unwatched IDMB documentary called “Why trains crash.” 🙄

        Edward R. Hamberger, just retired…he was
        ASSOCIATION OF AMERICAN RAILROADS PRESIDENT AND CEO since 1998, and an outspoken Chamber of Commerce Member. (His political contributions, except for a contribution to Jim DeMint, were all for Dems as far as I could find.)

        Funny how one retirement (Feinberg) might lead to another (Hamberger.) IMO Hamberger and the COC were the ones actually running the FRA and young Ms. Feinberg was just a face.

        Like

      • svenwg says:

        Do you remember the short video of all those train engines parked one behind the other, that stretched for miles? I wonder if they are still standing there. If anyone knows what has happened to them, please post a link or photo, that either shows them still there or now hard at work pulling freight across the country.

        Like

      • L. E. Joiner says:

        The decline of coal production put a big dent in the railroad business. The roads have been trying to make up the deficit with intermodal (containers), but growth has been slow. I too will be interested to see if the hundreds of idled locomotives are getting fired up with the booming economy, and also the thousands of railcars. Trains magazine will take notice, but their news is generally 2-3 months behind. Stay tuned. /LEJ

        Like

  22. Mr BiG Time says:

    CNBC “business news” had a short article on the 60 reading, when the data was released this morning

    they managed to twist the great news into swamp language. I don’t recall the exact wording of the article, but I had a little chuckle, as I knew the truth.

    In fact as i scrolled down the headlines, the exact
    Opposite was usually true. These people have lost their mind.

    Liked by 6 people

    • svenwg says:

      Did they ever have one to start with? What kind of idiot would you have to be to promote your own destruction as these 4th Estate dimwits seem to have done over the last 50 years or so?

      Like

  23. MSO says:

    The NeverTrumpers had no more influence outside their party as they had inside their party; I’ll bet they vote for Romney in 2020.

    Liked by 1 person

  24. spren says:

    Just wait until Trump wins the tariff poker games he is playing. As he indicated in the last G7 meeting, he stunned the attendees by recommending that all of the trading countries eliminate all tariffs and compete straight up. Imagine what the economies of all of these countries will be doing once he has been successful!

    And the WSJ types are going bonkers. On Fox Business, Neil Cavuto is insufferable. I have to turn him off as soon as I see him because he is like a warped record in repeating his trade war-mongering. I bet he knows better, but the Murdochs probably are continuously pulling his strings. All of the great economic news and all Cavuto can do is continue to be Debbie-downer. He is disgusting.

    Liked by 6 people

    • stephenreed says:

      I, for one, welcome permanent high tariffs for all countries large enough to have complete supply chains.

      POTUS will see that tariffs are not a means to an end, instead a desirable state for the usa .

      Like

  25. alliwantissometruth says:

    Just think where this country, & for that matter the world, would be if we didn’t waste the last three or four decades allowing corrupt politicians & bureaucrats to sell our country & it’s economic juggernaut out to the highest bidders

    How many millions have suffered needlessly? How many lives have been destroyed?

    How much better would millions of lives have been if we had paid attention & elected men & women in the mold of Trump?

    It’s not hard to figure out. America has always been the innovator, the manufacturer, the premier worker, the guiding light of business & economic power, yet we wasted decades tearing the guts out of that power in order for the global elite & their corrupt minions to profit at our great expense

    President Trump is simply grabbing the reigns of an abused racehorse & turning it back into the world renowned thoroughbred champion that America nurtured, trained & ran so many years ago

    That thoroughbred is where our power lies, & with it the power to change world politics for the better

    It’s been languishing in the barn for a long time, starving & weak, but with Trump as the jockey, it’s going to be hard to beat as the leftist horse wheezes & sputters

    Liked by 8 people

    • Mercenary says:

      Anyone can do this. Any nation. That’s the real crime. Imagine living in a nation that’s never even had this once. It’s no wonder they lose hope. Socialism corrodes the very soul.

      Liked by 5 people

      • President Trump’s “Silver Lining”:
        Our trading partners will be FORCED to follow suit to avoid being buried.

        They’ve GOT to reduce Government Burden to unleash their Workforce Productivity.

        They’ve GOT to end the Trade Barriers, Tariffs, Quotas and Subsidies to slip the yoke of suffocating Counter-Tariffs at double their levels.

        And they’ve GOT to move fast as their companies invest to produce in America, displacing domestic plant production that was exported!

        Liked by 2 people

      • But wait, there’s MORE: Tax Cuts 2.0

        Liked by 2 people

    • Critical Mass says:

      Brilliant analogy of America to an abused racehorse. The wonderful thing about President Trump is that he does not micromanage or impose his will on that horse. He guides and directs it, but once he knows the horse is ready, he lets it have its head. He has got together a wonderful team of people and he trusts them, as he trusts and believes in the American people. He does not govern by force or fiat, but by leading, which is what a good head of government does. Unlike the previous incumbents, who ruled to suit themselves, he sees that working with the horse releases the natural potential of the horse – something that can be only good for every one in the long run.

      He also follows his instincts, which is beyond the capacity of ideologues – or should they be called idiocrats. Basically ideologues despise humanity and feel compelled to reform and regulate them, which goes against the human spirit.

      I would see him as a trainer, rather than a jockey, but your comment is very powerful and illuminating.

      Liked by 2 people

  26. free73735 says:

    Just a quick thank you to Sundance for all he does, & a special thank you for that baby picture! He/she is so cute!

    Liked by 3 people

  27. Kay123 says:

    i want to know how we could spend HUNDREDS OF
    TRILLIONS OF DOLLARS in just the last twenty years.
    IF the government paid every legal citizen $7,000 a year
    free and clear… no taxation of any kind….no welfare,
    no SS, no retirement, no unemployment, no medical
    care, NOTHING…we would not be as far in debt as
    we are now….I would bet on it.
    They always say “the government has no money”
    Really? What about all the drug money? What about
    all the corruption assets, Donor dollars, rental property
    and the criminal assets recovered??? That amounts to billions!

    The WORLD TRADE CENTER BANK VALT was cleaned out
    hours before the 9/11 explosions and plane attack….
    who got those PALLETS of gold or dollars???

    Then there is the explosion of building # 7 which was deliberately
    exploded to hide something. Possibly the money, notes, contracts,
    deposits, and money trails???
    How much the government was getting for the Afganistan poppy
    fields (we were forced to protect) for the drug cartels to import, to USA
    The brand new Toyota trucks given to ISIS.
    Was this part of the PRINCE ALWALEED…corruption?

    The same ISIS THAT WAS CREATED BY
    OUR CIA!!! Where do they get money since they neither one
    produce anything but trouble.

    Liked by 3 people

    • Dennis Leonard says:

      123
      It is real simple when you spend the trillion dollar stimulus every year.And please no 9/11 conspiracies.Just suffice to say it was a false flag.

      Like

      • mdaush says:

        Read Katherine Austin Fitts at the Solari Report about the systematic theft of 20 Trillion dollars of our money. And just for fun….how do you term 9/11 as a false flag and not have a modicum of interest about who did it and why it was done.

        Liked by 1 person

  28. ALEX says:

    Yes, the media spin is always the same. The fact the media is cheering for the North Korea situation to fail is actually quite sick.

    Here’s some more context to the numbers today:

    February the index hit a 14-year high.

    The factory index climbed 1.5 points to 60.2, maching the second-highest since 2004.

    The supplier deliveries gauge jumped 6.2 points to 68.2, the second- highest since April 1979.

    The subindex shows lead times increasing as producers have trouble meeting demand.

    Liked by 4 people

  29. Garrison Hall says:

    Trump is doing all of this despite the best efforts of the congressional leadership, and good portion of “our” republican elected officials, virtually the entire federal bureaucracy, and the UniParty to stop him. He’s doing all this pretty much by himself. The forces arrayed against him are formidable. There were reportedly 700 open borders demonstrations. He’s going to need our backing.

    Liked by 5 people

    • piper567 says:

      I’m pretty sure God is protecting him, allowing him to work without distraction.
      The President appears to be entirely unconcerned ab his enemies and their hate,
      I think Mossad is protecting him.
      That would make me feel safe, I know that!

      Like

    • NJF says:

      I tweeted earlier “if there are protests, but I don’t watch Cnn, are they real?”

      Liked by 1 person

      • KBR says:

        Just like a tree falling in a distant forest, dying of old age (and lack of proper forestry care,) and making NO sound that anybody will notice (except a few rabid squirrels and treehuggers)…

        They are real, but nobody is listening except the most rabid squirrelly lefties.

        Like

  30. woohoowee says:

    America starts to dream again 🙂

    Liked by 5 people

  31. Cheri Lawrence says:

    Yahoo! Time to start rebuilding the infrastructure so the trains and roads can support distribution!! MAGA!

    Liked by 7 people

  32. Mercenary says:

    It reminds me of the old movies. Demand everywhere. Opportunity everywhere. More demand than can be filled. We should always have that tension. We just haven’t seen it in forever. It’s a feeling. Excitement. Possibility. Action. This is what capitalism looks like.

    Liked by 3 people

  33. Snow White says:

    I giggle every time I see this grinning toothy baby 😂😂😂😂so funny. Thank you SD for everything you do, it’s a monumental work.

    Liked by 2 people

  34. Check out What Our LOCAL Community college is doing..
    Cape Fear Community College is teaming up with Wilmington Cape Fear Home Builders Association to get students ready for work.
    The goal is to reduce labor shortages within the construction industry in New Hanover and Pender counties.
    “It is both our mission and our privilege to meet the needs of our local employers,” said CFCC President Jim Morton. “As the need for skilled workers continues to grow, so will our efforts to equip students with the skills they need to succeed.”
    CFCC will offer a two-week training program this summer called Construction Institutes which is aimed at helping satisfy local construction workforce needs.
    Participants are guaranteed an interview with a local employer after finished the training.
    “While the demand for new homes has steadily increased, the growth in our construction labor force has not,” said WCFHBA President David Spetrino. “This initiative by CFCC will provide a concise, focused, and comprehensive foundation for students to learn a skill that will forever be in demand. And our region as a whole will benefit.”
    http://www.wbtv.com/story/38543513/cfcc-hopes-to-reduce-labor-shortages-with-new-construction-training-program

    Liked by 6 people

  35. MAGANOMIC OUTLOOK thru Trump’s 1st Administration (2020):

    “TACTICAL” Outlook: GDP Growth sustainably FIRES UP.
    (disregarding any stupid stuff from the feckless Fed)
    • 2018 – GDP will hit a 5% run rate by year-end.
    • 2019 – GDP will average close to 6%.
    • 2020 – GDP will settle at 6% at year-end after overshooting 6% during the year.
    • Mainstreet Workers’ “missed raises” during Bush-Obama have been restored.
    • All Workers have capacity to save with reduced food/energy/healthcare costs.
    • America has built a Workforce Apprenticeship & Training Capacity second to NONE.

    “STRATEGIC” Outlook: America’s MAGANOMIC Economy SMOKES the rest of the Developed World…

    National Security is ECONOMICALLY RESTORED.
    • Self-Sufficient Capacity for Materials, Steel & Aluminum & Industrial Production.
    • Foreign-Independent for High-Tech Production & Space Launch Capacity.
    • We are Cyber-Secure.
    • Our BILATERAL-TRADE ECOSPHERE (BTE) collaboratively secures Intellectual Property.
    • Our BTE’s collectively-enforced sanctions control internal & external Trade Cheating.

    The Global Trading System begins to EVOLVE toward STABILITY.
    • International NGOs have become unbiased with accountability or been terminated.
    • Our Trade Deficits have ended on both a global and major trading-partner basis.
    • Our Southern Wall has restored Border Control, ending the Illegal-Migrant Invasion.
    • Canadian and Mexican auto assembly plants have relocated to America.
    • Mexico’s Obrador is scrambling to reverse sanctions over Drug & Trafficking Cartels.
    • NAFTA has been replaced with Bilateral Trade Deals for Canada and Mexico.
    • Socialism in the Canada and the EU is out of money and on the run.
    • Cheatin China’s Trade Surpluses have evaporated.
    • Cheatin China’s Economy is mired in overcapacity, worker dislocation & stagnation.
    • Cheatin China’s Trojan-Horse Workforce abroad is being ousted by WOKE countries.
    • Cheatin China has mothballed its Belt & Road expansionist ”ENTANGLEMENT”.

    Liked by 3 people

    • Grandma Covfefe says:

      Wishful thinkings here for now—-
      * Cheating China’s South China Sea Islands sunk underwater, never to recover again.
      * US Congress is 80% MAGA
      * Thousands of Indictments leads to 454,545 arrests and seizures of assets to pay down USA national debt of $3 trillion.
      *Record number of public hangings for those charged with treason.
      *Investment Stocks on rope at an all time record high.
      *Poland, Austria, Hungary, Slovakia, Italy, Greece, Bulgaria, and israel’s tourism booming.

      Liked by 2 people

  36. Tim Tarr says:

    Something on Fox Business had me snickering. The big markets (Dow,S&P and NASDAQ) are not rallying because they are multinational companies. Good portions of their earnings are non-US. Now look at the Russell 2000 who’s earnings are almost exclusively US. That market is like a rocket.

    Now last week after hearing us markets not doing so well I looked at the charts. June ’17 to June ’18 DOW +15.7%, S&P +11% and NASDAQ +20% That’s not doing well? So I looked at Shanghai -10% HSI is better +17 but HSI is currently tanking (-2% day for last 2-3 trading days) so more fake news!

    Liked by 1 person

  37. G. Combs says:

    I want to add (ChiefIO) E. M. Smith’s explanation of WHY corporations LOVE socialism. link Reading this made the light bulb go off. Corporations HATE capitalism because they actually have to produce good innovated product. Much easier to bribe politicians to outlaw your competition (Think twisty light bulbs or getting rid of freon after the patent ran out.)

    Another good article on the basics by Chiefio Monopoly, Monopsony, Oligopoly, Collusion (And yes his degree is in economics….)

    This 1995 article from Mother Jones is a classic example of how the system works in the USA. Dwayne’s World “Dwayne Andreas has made a fortune with the help of politicians from Hubert Humphrey to Bob Dole. But, he says, their talk of “free markets” is just wind.” HMMMmm where have I heard that before.

    Liked by 3 people

    • Dennis Leonard says:

      Mr Combs,
      Speaking of Freon,no it did not cause a hole in the Ozone layer,Freon is heavier than air and as such is absorbed into the ground.Had to have an excuse before the patent ran out

      Like

      • Dennis Leonard says:

        Also I meant to add that propane[ a special kind ] is a excellent Freon replacement.Have had it in my AC unit for twenty years and compressor still going strong,Also cheaper electric bills.

        Liked by 1 person

    • Shrike says:

      Wasn’t it one of Sarah Palin’s ideas that there should be no corporate income taxes? Many large corporations get out of paying them anyways, don’t they? In exchange, no corporate bailouts, and no lobbying influence. Or was this completely my imagination?

      Like

  38. wodiej says:

    Business wins either way. Supply and demand.

    Like

  39. Akindole says:

    You can see it ‘outin in the woods from where I’m sitting.

    “Inventory backlogs, “supply chain issues” equals not enough drivers and haulers to keep up with production shipment demand. ….”

    Guess what’s downstream from this? The lack of skilled people in the trades. The most recent Pew study showed that the Gen Xers and Gen M’s wouldn’t be caught dead in the trades. But, we knew this, didn’t we? Little known fact, and you can ask your auto mechanic, what’s the average age of journyman mechanics taking continuing certification training courses for new vehicle repairs? 46.

    Like

    • svenwg says:

      Those generation whatever’s will soon be joining the trades when they see the class dunce driving a fancy car and spending his money like water while they still live in their folks basement and are still given an allowance. Nothing changes minds quiet like success.

      Like

      • KBR says:

        Now svenwg, do not buy into the assumption that bluecollar workers are/were the “class dunces.”

        Some of even the “class dunces” were plenty smart, but used their smarts to get out of school assignments instead of using them to do those assignments, as kids. Eventually they found their places, which were not “low places” at all. The cream will always rise to the top.

        I have to tell ya, many of the smartest people I have known are bluecollar, and most of the whitecollars I have known are pretentious blustering pretenders-to-intelligence without a lick of common sense.

        They are unable to think outside the liberal box, unable to create anything at all, unable to look and see a loose wire, turn off the power and reattach the wire properly even in a flashlight. Unsure how changing a lightbulb might actually happen, they call the maintenance man, and hand the new lightbulb to him: heaven forbid they might have to perform such a bluecollar job.

        Liked by 1 person

        • KBR says:

          BTW, I came from bluecollar, but worked my way up and by the time I entered university I was already well aware of the stupidity of the liberal indoctrination.

          Most of the whitecollars were college professors. Those are the REAL “class dunces.”

          Like

        • unconqueredone says:

          My oldest just finished and was hired directly from trade school. He’s exceptionally bright but fit your student profile well. The company that hired him not only pays a good wage with good benefits, but will reimburse him 100% over a couple years if he chooses to get his 4 year degree. Many of his classmates were idiots, but the top percent are earning 300% to 500% of “poverty level” or better straight out of school. The idiots will never hold a job except getting their “gubment” check.

          Like

  40. David says:

    The trucking comments are very true. I’m an owner operator any I work port containers exclusively. There is no extra capacity and the shippers are desperate ! I’m also taking a lot more export loads into the port than I use to. I’ve only been doing this type of trucking since 2005 but I’ve never seen it better !

    Like

  41. Frank says:

    I was an OTR driver for 7 years. You couldn’t pay me enough to go back. So I hope the new generation of drivers get treated with more respect and better pay. The trucking companies deserve to eat crow for the next 20 or 30 years and shuck-out a decent amount of pay for a change. Here’s to many more years of a “trucker shortage” and better treatment for our brothers & sisters on the road.

    Like

  42. Fools Gold says:

    We’re gonna need a lot more seafarer(s) (ships, captains, labor, and ports)! One can only imagine the addional capacity requirements from the “unexpected” trade upswing! Trump seems to have this unique ability called WINNING!

    Like

  43. trapper says:

    America …

    Like

  44. I happened upon a YouTube channel for truckers. Not sure if everything they are saying is true, but the head of a truckers organization said that truckers had not — in post-inflation dollars — received a pay increase in 30 years. This person also said that working conditions within the trucking industry were such that most people entering long-haul trucking quit after 3 months.

    One of the things that isn’t much discussed is that fact that workers are required to pay for their own ‘technical’ education. This has been the case for so long that most people don’t even think about it, but it is a significant factor in the ‘supply’ side of the employment equation.

    Workers are expected to invest in themselves but have, literally, no guarantees of that investment paying off.

    The investment of individual resources into productive capacity for individual gain is called capitalism.

    The difference between employment capitalism and business capitalism is that businesses generally have more options for locating sources of revenue (consumers) than employees.

    While similar in process business capitalism and employment capitalism are decidedly asymmetrical in terms of optionality.

    Optionality is the measurement of the ability of the different participants in a market transaction (in this case employment) to be able to choose among available transactions.

    If a business loses a customer, their revenue stream is diminished but rarely eliminated.

    However, in general, employees only have one customer at any given time.

    Since the gutting of American businesses as a result of multilateral trade agreements, the demand side of the employment equation shifted dramatically because the number of customers for employees has been reduced.

    Even as the demand side of the employment equation changes due to MAGAnomics, the underlying thinking businesses regarding investment in employee training has not: They still assume that labor must assume all the investment risk of becoming ’employable’.

    My prediction is that the first businesses to realize that their job is not to find employees but partner with labor to create employees are the ones that are going to thrive in the MAGA economy.

    Like

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