The Biden Recession Thread
- Thread starter Wally
- Start date
Wally
BrownCafe Innovator & King of Puns
Biden is a lucky man with the media having his back. Can you imagine the non stop inflation coverage if a Republican were president right now?
Lineandinitial
Legio patria nostra
Up In Smoke
Well-Known Member
PPI report today shows supply side costs are dropping faster than expected. Paired with an increase of initial claims, the Fed is seeing the results they wanted from short term interest hikes. It's still 50/50 for an additional hike in May. A pause should help the stock market.
Wally
BrownCafe Innovator & King of Puns
Will be a huge issue in the election if it happens.
www.zerohedge.com
US Recession Probability Reaches 67% | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Babagounj
Strength through joy
Biden BLOWS $50 billion on top consultants - and YOU are paying for it
A Daily Mail analysis of open-source US government spending data shows that the 80-year-old racked up the eye-watering amount in just over two years in the job.
Babagounj
Strength through joy
Iconic weight loss firm Jenny Craig teeters on brink of bankruptcy
Weight loss firm Jenny Craig could be closing its corporate offices as soon as this Friday as it fights for survival and considers an e-commerce model.
PT 4 Life
Most-Hated Member
We will get replaced by robots
Thebrownblob
Well-Known Member
Lol lots of things are different, including people who actually want to work here. Those people don’t really exist now.
PT 4 Life
Most-Hated Member
Because there no initiative at ups
Wally
BrownCafe Innovator & King of Puns
My worry is the company throwing money out there to pull in scabs. Who can hold out longer if more and more they are replacing us?
Thebrownblob
Well-Known Member
Neither side can hold out very long. but the company would lose a lot more money, and the interruption to the service would be impossible for them to overcome in any decent time frame no matter how they try to hire.
Wally
BrownCafe Innovator & King of Puns
Unless the long term savings outweigh the temporary setback. After a certain period many union members might cross.
Thebrownblob
Well-Known Member
With what they are projected to lose, that would take decades if ever. I think you missed the point that most people will realize a reasonable contract that rewards the workers that actually have done the work is neither difficult for the company, dude, nor all that much to ask. The company will continue to turn profits year after year, just as they always have.
If the company came today with a smart, reasonable and rewarding offer now, it would be very difficult for the union leader, ship, and members to turn it down, as of yet, I have not seen that offer.
Up In Smoke
Well-Known Member
Delivering pkgs from center to addresses can be completed at a 25% rate of success. TDP routes, pick up accounts and feeder runs will never get covered effectively. If the end game is to deliver what showed up at centers when we walked out, that is accomplishable in a few days, beyond that, nothin moves.
Up In Smoke
Well-Known Member
I don't believe the railroad would move struck goods either.
Wally
BrownCafe Innovator & King of Puns
Wally
BrownCafe Innovator & King of Puns
Banks are bracing for a recession as Treasury yields surge
Bank stocks are on pace for yearly losses, but the banking industry's reserves are at the highest level in three decades, according to DBRS Morningstar.
www.marketwatch.com
UnionStrong
Sorry, but I don’t care anymore.
Crash is coming
Banks are bracing for a recession as Treasury yields surge
Bank stocks are on pace for yearly losses, but the banking industry's reserves are at the highest level in three decades, according to DBRS Morningstar.
