Wednesday, June 16, 2021

Steve’s Barking; Job growth is a bad thing?

 I say that job growth may be a very bad thing. That’s because I’m out of my cotton picking mind ( At least if you listen to the experts). Every city, state and county wants more jobs in their place so how can job growth be a bad thing? We’ll let’s put it this way, most if not all do not have the workers to do the jobs. Therefore they will have to depend on the migration of workers from other places. Well that won’t be foreigners because our immigration policies put a kibosh to that. If you don’t have enough workers who are going to do the lower paying jobs. Oh my goodness were going to have wage inflation! Especially if most parts of the country have 3% or lower unemployment. Now think, new arrivals to your state city or county means transportation problems, new schools, new sewers( unless this has already been planned for). How is the localities going to pay for the new jobs? Are they going to pay for themselves?

 *Now you would think my hometown (NYC) should be fighting for new ( and new old industries) but the problem with that is the old industries that will come back ( foreign tourism, theater and movie production) will all come back with a vengeance. Let’s not forget the Amazon warehouse and others that are going up in the Bronx that will employ many workers That almost 6% unemployment if there is not to much migration will be a thing of the past. New York just like the rest of the country may be at the saturation point of employment for the population that lives in the area.

No comments:

Post a Comment