it's the economy

[devnull]

https://finance.yahoo.com/news/amazon-com-freeze-hiring-corporate-170149189.html

 

On the surface a hiring freeze

 

Under the hood, Amazon has a high turnover rate. They're letting attrition cull the workforce without the bad PR of layoffs

[Nouseforaname]

😂

[Nouseforaname]

2 hours ago, devnull said:

https://finance.yahoo.com/news/amazon-com-freeze-hiring-corporate-170149189.html

 

On the surface a hiring freeze

 

Under the hood, Amazon has a high turnover rate. They're letting attrition cull the workforce without the bad PR of layoffs

They definitely have to lower costs.  Part of their bad earnings call was that they hadn’t managed to yet lower costs as they had said they would.

[Taro T]

On 11/3/2022 at 6:43 PM, Hedge said:

 

 

 

Wait, what?

 

The BoE knows Britian is about to go into a 2 year recession but we can't acknowledge that we're already in a recession?  

[Uncle Joe]

17 minutes ago, Taro T said:

 

Wait, what?

 

The BoE knows Britian is about to go into a 2 year recession but we can't acknowledge that we're already in a recession?  

Nope,  not allowed. 

Are you an economy denier?

[devnull]

1 hour ago, Taro T said:

 

Wait, what?

 

The BoE knows Britian is about to go into a 2 year recession but we can't acknowledge that we're already in a recession?  

 

We're just waiting for Republicans to win an election so we can blame them

[B-Man]

 

[Crap Throwing Clavin]

2 hours ago, B-Man said:

 

 

A shocking number of progressives will loudly refuse to shop there (not that they do already) because "Trump-era pricing" is racist and treasonous.

[Spartacus]

30 minutes ago, Crap Throwing Clavin said:

 

A shocking number of progressives will loudly refuse to shop there (not that they do already) because "Trump-era pricing" is racist and treasonous.

amazed at the number of people still wearing masks at Aldi's

[devnull]

2 hours ago, Spartacus said:

amazed at the number of people still wearing masks at Aldi's

 

I'm amazed they haven't partnered with the NFL.  The quarter back commercials write themselves

[Deranged Rhino]

 I know it's not, but I want to believe this is just brilliant satire. 

 

 

 

[Billsandhorns]

35 minutes ago, Deranged Rhino said:

 I know it's not, but I want to believe this is just brilliant satire. 

 

 

 

Yum actually owns more than just those 3

[Crap Throwing Clavin]

2 hours ago, Deranged Rhino said:

 I know it's not, but I want to believe this is just brilliant satire. 

 

 

 

 

John Belushi did it better.

 

 

[4merper4mer]

4 hours ago, Deranged Rhino said:

 I know it's not, but I want to believe this is just brilliant satire. 

 

 

 

He got like that from the Mexican pizza killing his brain cells.

[B-Man]

 

 

The Bidenomics smokescreen won’t help the president.

 

Joe Biden is hitting the campaign trail, talking up “Bidenomics.” What is that, you ask?

 

Bidenomics is the embrace of Big Government, Big Labor and Big Spending. No wonder Americans are on edge; we’ve learned those are not the best ingredients for healthy, productive growth. 

 

Here is the truth about the Biden economy: it is barely growing (real growth in the last quarter was 1.1 percent) despite massive federal stimulus. Trillions in spending have thrust our nation’s debt and deficits into the red zone and kicked off inflation, driving real wages lower for 26 consecutive months. Inflation hitting a 40-year high required one of the largest-ever increases in interest rates, which in turned caused three of the biggest bank failures in our nation’s history.

 

In addition to huge spending, any number of Biden policies, including the intentional squashing of our fossil fuels industries, the “Buy American at any price” union favoritism and the crushing ramp-up in business regulations, have spurred inflation. That is the nut of Bidenomics.

 

White House spokesperson Olivia Dalton describes Biden’s economic policies as “incredibly popular.” Like most of Biden’s pitch, that is simply not true; RealClearPolitics places the average of his approval ratings on the economy at a minus 17, with 38 percent approving and 57 percent disapproving.

 

A Gallup poll showed a slight uptick in June in how Americans view their economic conditions, but it remained in deeply negative territory at -32. Only 19 percent rate the economy as excellent or good, compared to 44 percent who say it is poor. Problematic for Biden: Independents as well as Republicans are sour on the economy, and more than two-thirds of that critical group say it is getting worse.

 

https://thehill.com/opinion/white-house/4073321-the-bidenomics-smokescreen-wont-help-the-president/

 

 

 

 

.

[Crap Throwing Clavin]

1 hour ago, B-Man said:

 

 

The Bidenomics smokescreen won’t help the president.

 

Joe Biden is hitting the campaign trail, talking up “Bidenomics.” What is that, you ask?

 

Bidenomics is the embrace of Big Government, Big Labor and Big Spending. No wonder Americans are on edge; we’ve learned those are not the best ingredients for healthy, productive growth. 

 

Here is the truth about the Biden economy: it is barely growing (real growth in the last quarter was 1.1 percent) despite massive federal stimulus. Trillions in spending have thrust our nation’s debt and deficits into the red zone and kicked off inflation, driving real wages lower for 26 consecutive months. Inflation hitting a 40-year high required one of the largest-ever increases in interest rates, which in turned caused three of the biggest bank failures in our nation’s history.

 

In addition to huge spending, any number of Biden policies, including the intentional squashing of our fossil fuels industries, the “Buy American at any price” union favoritism and the crushing ramp-up in business regulations, have spurred inflation. That is the nut of Bidenomics.

 

White House spokesperson Olivia Dalton describes Biden’s economic policies as “incredibly popular.” Like most of Biden’s pitch, that is simply not true; RealClearPolitics places the average of his approval ratings on the economy at a minus 17, with 38 percent approving and 57 percent disapproving.

 

A Gallup poll showed a slight uptick in June in how Americans view their economic conditions, but it remained in deeply negative territory at -32. Only 19 percent rate the economy as excellent or good, compared to 44 percent who say it is poor. Problematic for Biden: Independents as well as Republicans are sour on the economy, and more than two-thirds of that critical group say it is getting worse.

 

https://thehill.com/opinion/white-house/4073321-the-bidenomics-smokescreen-wont-help-the-president/

 

 

 

 

.

 

Bidenomics?  You mean, like Reaganomics?  Is he trying to pretend he's Ronald Reagan?

 

[devnull]

History may not repeat itself, but it does seem to rhyme

 

https://www.marketwatch.com/story/inflation-is-following-an-eerily-similar-path-as-the-one-taken-in-1966-1982-36a91f5

 

 

 

[devnull]

https://oilprice.com/Latest-Energy-News/World-News/Democrats-Seek-Probe-Into-Exxon-And-Chevron-Mega-Deals.html

 

 

[devnull]

 

 

[Foxx]