Bidumbnomics

[Dublin ohio]

Jobs that many Americans don't want to do.

So what are those 2M+ jobs Americans don't want to do?

 

[Fernando]

So what are those 2M+ jobs Americans don't want to do?

Fast food workers, dishwashers, waiters, housekeepers, nannies, home care workers, house cleaners, hotel maids, gardeners, agriculture pickers, hazardous toxic jobs (cheap asbestos cleanup), quartz cutting jobs, trash pickers/collectors, and other minimum wage jobs.

 

[Dublin ohio]

Fast food workers, dishwashers, waiters, housekeepers, nannies, home care workers, house cleaners, hotel maids, gardeners, agriculture pickers, hazardous toxic jobs (cheap asbestos cleanup), quartz cutting jobs, trash pickers/collectors, and other minimum wage jobs.

They already fill those jobs. Some of the above you mention would require that they speak english. I guarantee there are not 2M+ available jobs in your list. The "jobs that Americans won't do" excuse has worn out it's use. Have you ever wondered why so many construction jobs that Americans used to do are no longer done by Americans. Masons, carpenters, drywall installers, siding installers, roofers. It's not because they don't "want to do them".

 

[Charles West]

We need to systematically round them up and deport them back to their places of origin. No real id, bye bye.

 

[Fernando]

They already fill those jobs. Some of the above you mention would require that they speak english. I guarantee there are not 2M+ available jobs in your list. The "jobs that Americans won't do" excuse has worn out it's use. Have you ever wondered why so many construction jobs that Americans used to do are no longer done by Americans. Masons, carpenters, drywall installers, siding installers, roofers. It's not because they don't "want to do them".

If Masons, etc were union workers, cost of building a house be even higher. So don't complain about current high home prices.

 

[Dublin ohio]

If Masons, etc were union workers, cost of building a house be even higher. So don't complain about current high home prices.

What does union workers have to do with it. The vast majority of residential contractors are non union. Union contractors generally do the commercial work. They don't mess around with residential.

 

[OSU Beavers]

 

[Fernando]

What does union workers have to do with it. The vast majority of residential contractors are non union. Union contractors generally do the commercial work. They don't mess around with residential.

Unions raising cost in health care, cars, port workers, etc.
If appraisers were unionize, our fees would be higher.

 

[Fernando]

'T-bill and chill': Why Jack Bogle's strategy of 'lazy' investing is making a comeback​

Bond ETFs are one way retail investors have tried to capture rising interest rates. The SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL) was the third most-bought name last week after the Invesco QQQ Trust (QQQ) and SPDR S&P 500 ETF (SPY), according to Vanda Research. It saw the largest single-day of net inflows to the ETF since the firm began measuring it almost a decade ago.

"Clearly, income-seeking retail investors are taking advantage of the new high-rate regime, which had been missing from the investment landscape since the pre-GFC [Great Financial Crisis] years," Marco Iachini, senior vice president of Vanda Research, said in a note to clients. "Some are calling it 'T-Bill and chill.'"


Younger investors are even more exposed to fixed income compared to their older counterparts. In its annual study, Schwab Asset Management shows millennial ETF investors have 45% of their portfolios in fixed income — compared to 37% for Generation X. The survey showed 51% of millennials plan to invest in bond ETFs next year, compared to 40% of baby boomers.

Should we thank Biden for the high Treasury rates? Thanks.

 

[Terrel L. Shields]

The treasury auctions went poorly and no one wants our debt. China is dumping US bonds like mad. They don't want to be holding them when they take on Taiwan. Meanwhile Moody's just downgraded USA debt rating citing spending and political divide. And economist said US "is spending like drunken sailors."