Saturday, July 29, 2023
Steve’s Barking; The good and bad about electric stovesπ€ taking the place of gas stoves
Monday, July 17, 2023
Steve’s barking; Does Russia want to be a war with the rest of the world?
Saturday, July 15, 2023
Steve’s Barking; More trouble in economic paradise….stikes
Wednesday, July 12, 2023
Steve’s Barking; Deflated income for the upper middle class ( huh)
It has come to my attention that there are many people being laid off in the tech industry, and these people are upper middle class. Now it’s also come to my attention that it appears that most of those who are laid off are getting new positions at lower pay. It is also come to my attention that those who have student loans well start to have to repay them, taking a bite out of their income? Now this might be all right but a major problem for the economy is that this is a large group that has a larger discretionary income, then those in the bottom and in the middle of a middle class. Now just maybe people going on trips who are on the upper middle class will have to hold back. Those in this group who intended to buy homes in all likelihood, will have to hold back and possibly those in this group. They have to hold back on goin to fine dining restaurants.(hmm) Will this to a crimp in the economy? Will this have a trickle down effect with lay offs coming to the lower middle of income people? And if the lower middle income people have less or no disposable income it will it in all probability hurt the poor worker.
* The top dogs CEOs and owners are not effected and will not be effected for some times ( Though they may be later next year). And in fact appears to that there income ( or just there net worth appears to be going up.
** The poor workers income is going up but unfortunately there discretionary income has gone down or has stayed the same.
*** Why you have to look past the jobs report to see how the economy is doing for it doesn’t tell the whole story.
**** I know I don’t like calling any body middle class , but middle income…
Saturday, July 8, 2023
Steve’s Barking; Here we go again Adp vs labor department jobs report
ADP reported non farm payroll was in increased by 497000 new jobs in June.! The Labor department reported 209000 new jobs in non farm payroll reports n June! What gives?
Thursday, July 6, 2023
Steve’s Barking; It’s a matter of the m s ( money supply)
With all the talk of hiring no one talks of the money these workers are making. Many of these workers were fired from the tech industry with high paying jobs, they are then hired into lower paying jobs( opps less money going into the system). There was a surge of money during the pandemic going into t people hands, that money is now drying up as witnessing the surge of travel a spend down of that money? We are coming to the point that the debt of college loans is now in the next few months to s coming into play.Less money in the hands of those debtors. Because of failed banks and higher interest rates loans become more expensive, meaning less volume in the movement of money. (Perhaps because of higher interest rates and higher scrutiny some of those companies that just higher the laid off tech workers will not be around in 2024). In my unlearned opinion we are in danger of hard economic times.
Tuesday, July 4, 2023
Steve’s Barking; War, few people needed!
Oh my goodness, is it possible that in the near future that there will be very few true combatants. Right now we’re using drones to do what airplanes used to do. We’re using smart rockets more and more. I can see that soon we’ll be using smart tanks and smart artillery driven by robots who have operators far from the battle field making human soldiers on the battle so endangered that they will become obsolete. Unfortunately you can’t make civilians in the war zone obsolete and they will take the brunt of war with many casualties.