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Started By
Message
Layoffs...big picture.
Posted on 2/15/25 at 6:59 am
Posted on 2/15/25 at 6:59 am
Flux of government workers and non-profit workers living on tax payer dollars will have to find their way into the private sector, creating a pool of (hopefully) qualified workers for private businesses and corporations.
Short term, higher unemployment and lower job numbers will help slowly reduce the mortgage rate and get the housing market back in gear after several years of suck.
Tariffs will equalize and American based corps will find ways to insource and have a competitive advantage.
IMO Trump is getting the dirty stuff out of the way while he has momentum and slack to play with. It will take a while for this course correction but it is needed.
I hate it for those getting upended but this is the reality after YEARS of bureaucrats (D AND R) lining their pockets and giving away our money.
In the end, I will judge based on how much less of my money next couple of years goes to the government. Even if prices go up 5% but I pay 8% less in taxes. We win. At least then I get to choose.
14
Posted on 2/15/25 at 7:02 am to RealDawg
The people laid off yesterday have to be questioning themselves for not voluntarily taking the 8 month buyout that was offered.
Posted on 2/15/25 at 7:07 am to RealDawg
We’re about to see how inflated those Biden admin job reports were.
Posted on 2/15/25 at 7:10 am to RealDawg
If the Biden administration hired these people they are probably barely qualified to work at McDonalds.
Posted on 2/15/25 at 7:13 am to Nevada_Tiger
quote:
The people laid off yesterday have to be questioning themselves for not voluntarily taking the 8 month buyout that was offered.
They will end up with a better deal in the end. A court is likely to un-do these firings or say the deadline was arbitrary, too short for consideration, etc. And it was a short deadline. There wasn't time for people to make informed decisions. These people are going to sit at home and we're likely to pay them a full salary for that time.
Posted on 2/15/25 at 7:21 am to RealDawg
quote:
Short term, higher unemployment and lower job numbers will help slowly reduce the mortgage rate and get the housing market back in gear after several years of suck.
Yeah, nothing stimulates the housing market like a bunch of people that suddenly lost their jobs. It's a real golden era we're headed toward. Let me guess, there will be thousands of foreclosures across the nation and Big Money will swoop in and buy up all those houses, and wealth inequality will balloon some more. Should be really great for our country.
quote:
I hate it for those getting upended but this is the reality after YEARS of bureaucrats (D AND R) lining their pockets and giving away our money.
No one on this board hates it for these people. They are celebrating this turn of events for a lot of people that had zero to do with the ills in our nation. Rest assured, these celebrations will be part of screen shots, memes, and ads for 2026 and 2028.
Barely any of these people are bureaucrats. They are workers. And now they are paying the price for the malfeasance in Congress and the Executive. There is no way to describe this but as an injustice and as evil.
Retire, not fire. That has always been the solution here.
Posted on 2/15/25 at 7:28 am to POTUS2024
quote:clearly you're one of those people fired. sux but those jobs never should have existed.
There is no way to describe this but as an injustice and as evil.
Posted on 2/15/25 at 7:36 am to Nevada_Tiger
quote:
The people laid off yesterday have to be questioning themselves for not voluntarily taking the 8 month buyout that was offered.
I bet the next offer won't be ignored.
Posted on 2/15/25 at 7:39 am to RealDawg
3 Words: Learn To Code.
Posted on 2/15/25 at 7:42 am to Nevada_Tiger
quote:
The people laid off yesterday have to be questioning themselves for not voluntarily taking the 8 month buyout that was offered.
You mean the fork in the road that hasn’t been approved for funding? There’s no guarantee that the employees that took the offer will even see that money.
Posted on 2/15/25 at 7:51 am to POTUS2024
quote:
Yeah, nothing stimulates the housing market like a bunch of people that suddenly lost their jobs.
ACTUALLY, higher unemployment and weak jobs does tend to help mortgage rates decline and the related bond yield changes. IMO the false job reports over the last year kept mortgage rates inflated.
Rates are one of the big factors holding back the current market. The other being the huge inflation over the last 4 years and lack of supply.
Posted on 2/15/25 at 7:57 am to POTUS2024
quote:
No one on this board hates it for these people.
I said I do and meant it. They likely didn't do anything wrong other than having their paycheck come from the taxes we pay.
This is the one chance (maybe in my lifetime) we have for a course correction in the inefficiency and wasteful spending of the Federal government and a better future for the young people in America.
*Plus greater chance I get to see my Social Security if I don't die first.
Posted on 2/15/25 at 7:57 am to RealDawg
quote:
if I don't die first.
We can all only hope.
Posted on 2/15/25 at 8:01 am to Nevada_Tiger
quote:
The people laid off yesterday have to be questioning themselves for not voluntarily taking the 8 month buyout that was offered.
I believe many of the ones so far are probationary workers so I dont think they would have gotten the eight months, so probably why they were hanging on.
Posted on 2/15/25 at 8:02 am to POTUS2024
quote:
and wealth inequality will balloon some more.
What’s the right amount of wealth inequality POTUS?
Should it remain a fixed percentage distance? Or is it ok for the gap to grow?
If wealthy people are wealthy because they make good financial decisions and poor people stay poor because they make poor financial decisions, how do you prevent this financial Darwinism?
This post was edited on 2/15/25 at 8:03 am
Posted on 2/15/25 at 8:02 am to POTUS2024
Most of those workers likely went into those types of jobs because they are highly incompetent and wanted the cushy job security the US government affords.
God forbid those poor, poor government workers actually face the same consequences us folks in the private sector have to for poor performance or a business that decides to downsize.
Welcome to the real world frick face.
God forbid those poor, poor government workers actually face the same consequences us folks in the private sector have to for poor performance or a business that decides to downsize.
Welcome to the real world frick face.
This post was edited on 2/15/25 at 8:04 am
Posted on 2/15/25 at 8:03 am to POTUS2024
I do worry that massive cuts so quickly crashes the economy.
Posted on 2/15/25 at 8:14 am to Nevada_Tiger
Who got laid off? I have a friend who works for the USDA and he doesn’t even have to stop working from home.
Posted on 2/15/25 at 8:14 am to RealDawg
quote:
ACTUALLY, higher unemployment and weak jobs does tend to help mortgage rates decline
Uh, no. Inflation is also being promoted by tariffs. Rates won’t come down when prices are rising. And we also have the fact that international markets for US made goods are closing due to trade wars and tariffs, which will put downward pressure on US manufacturing and farming. All trends are that the current disjointed policies will be a strong downward push on the entire nation. That’s what you voted for.
Posted on 2/15/25 at 8:14 am to RealDawg
100s of thousands if not millions of illegals will self deport. In addition the govt will do away with the nonsense of the "wink and nod" when it comes to e-verity.
So there will be a lot of jobs for these govt workers to reenter the workforce. And no they arent all chicken farm jobs or plucking oranges......unless I missed the chicken farms and orchards when I was in NYC last week, where there are a million illegals.
And the reduction of trillions of govt dollars being dumped in the economy will lower inflation. Tariffs will have little effect, manufacturers will take a bit out of margins to remain competitive and the chinese will probably deval their currency.
The deregulation will allow us to drill baby drill. More likely helped by finishing pipelines and export facilities for natural gas.
The one thing that will take some time, and some pain, are for companies to start to manufacture back in the states again. And I hope we realize when Trump says tariffs he means American companies manufacturing abroad, which is as it should be. Buying American iphones that are manufactured in china and the profits are offshored in Ireland is less American than the chinese noodles you ate last night.
So there will be a lot of jobs for these govt workers to reenter the workforce. And no they arent all chicken farm jobs or plucking oranges......unless I missed the chicken farms and orchards when I was in NYC last week, where there are a million illegals.
And the reduction of trillions of govt dollars being dumped in the economy will lower inflation. Tariffs will have little effect, manufacturers will take a bit out of margins to remain competitive and the chinese will probably deval their currency.
The deregulation will allow us to drill baby drill. More likely helped by finishing pipelines and export facilities for natural gas.
The one thing that will take some time, and some pain, are for companies to start to manufacture back in the states again. And I hope we realize when Trump says tariffs he means American companies manufacturing abroad, which is as it should be. Buying American iphones that are manufactured in china and the profits are offshored in Ireland is less American than the chinese noodles you ate last night.
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