The Federal Reserve is boxed in—with neither a reduction in rates to fight possible recession nor an increase to fight possible inflation prudent—with sputtering payroll as continued random tariff...
The Pew Research Center used census data to estimate that foreign born workers in America decreased 1.4 million from January to June this year. Considering that the surge in ICE funding hadn't happened yet, loss of 3 million foreign born workers looks like a lowball estimate for 2025. Unlike TRUMP'S TERRIBLE TARIFF TANTRUM that wishful thinkers are hoping will stabilize at some point, 4 years of virulent anti-immigrant hostility will continue to reduce GDP and raise prices. Hello stagflation.
Yes: an awful lot of profits and wages and rents will not be paid because of the war on immigration, and large chunks of America will be much poorer in four years than they would have been otherwise, and lots of investments will not pay out as much as people had expected. It is a surprise to me: real-estate operators understand that they need workers, residents, and customers. That Trump does not, and that his chaos-monkey assistants do not, demonstrates, I think, the depth of their racism:
> Robierre: 'The Pew Research Center used census data to estimate that foreign born workers in America decreased 1.4 million from January to June this year. Considering that the surge in ICE funding hadn't happened yet, loss of 3 million foreign born workers looks like a lowball estimate for 2025. Unlike TRUMP'S TERRIBLE TARIFF TANTRUM that wishful thinkers are hoping will stabilize at some point, 4 years of virulent anti-immigrant hostility will continue to reduce GDP and raise prices. Hello stagflation. <https://www.pewresearch.org/short-reads/2025/08/21/key-findings-about-us-immigrants/>...
If feels like every discussion of labor and investment is dominated by two letters: A I. But large language models aren’t going to replace either the labor or the consumption of the 3+ million laborers who leave the US in 2025.
Those who are heavily investing in AI employ surprisingly few Americans (particularly native born), and their deployment of AI is devoted to enhancing their primary revenue model— capturing eyeballs and selling them ads. America’s future appears to be paying a duopoly to advertise increasingly expensive goods and services to a shrinking number of consumers.
The numbers on the graphs are too hard to figure out. The IRS has data on what income is from, from all our households, by time periods. Households can have W-2 income (payroll), self employment income, and retirement income. My neighborhood is mostly retirees. Out of 6 households, 5 are retirement income and 1 W-2 (payroll) income.
The Pew Research Center used census data to estimate that foreign born workers in America decreased 1.4 million from January to June this year. Considering that the surge in ICE funding hadn't happened yet, loss of 3 million foreign born workers looks like a lowball estimate for 2025. Unlike TRUMP'S TERRIBLE TARIFF TANTRUM that wishful thinkers are hoping will stabilize at some point, 4 years of virulent anti-immigrant hostility will continue to reduce GDP and raise prices. Hello stagflation.
https://www.pewresearch.org/short-reads/2025/08/21/key-findings-about-us-immigrants/
Yes: an awful lot of profits and wages and rents will not be paid because of the war on immigration, and large chunks of America will be much poorer in four years than they would have been otherwise, and lots of investments will not pay out as much as people had expected. It is a surprise to me: real-estate operators understand that they need workers, residents, and customers. That Trump does not, and that his chaos-monkey assistants do not, demonstrates, I think, the depth of their racism:
> Robierre: 'The Pew Research Center used census data to estimate that foreign born workers in America decreased 1.4 million from January to June this year. Considering that the surge in ICE funding hadn't happened yet, loss of 3 million foreign born workers looks like a lowball estimate for 2025. Unlike TRUMP'S TERRIBLE TARIFF TANTRUM that wishful thinkers are hoping will stabilize at some point, 4 years of virulent anti-immigrant hostility will continue to reduce GDP and raise prices. Hello stagflation. <https://www.pewresearch.org/short-reads/2025/08/21/key-findings-about-us-immigrants/>...
If feels like every discussion of labor and investment is dominated by two letters: A I. But large language models aren’t going to replace either the labor or the consumption of the 3+ million laborers who leave the US in 2025.
Those who are heavily investing in AI employ surprisingly few Americans (particularly native born), and their deployment of AI is devoted to enhancing their primary revenue model— capturing eyeballs and selling them ads. America’s future appears to be paying a duopoly to advertise increasingly expensive goods and services to a shrinking number of consumers.
The numbers on the graphs are too hard to figure out. The IRS has data on what income is from, from all our households, by time periods. Households can have W-2 income (payroll), self employment income, and retirement income. My neighborhood is mostly retirees. Out of 6 households, 5 are retirement income and 1 W-2 (payroll) income.