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Drudge Retort: The Other Side of the News
Monday, September 26, 2022

U.S. manufacturing is experiencing a rebound, with companies adding workers amid high consumer demand for products.

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American manufacturers, like many industries, have struggled to find raw materials, component parts and skilled workers. And yet, they have continued to create jobs at a rate that has surprised even some longtime promoters of American factory employment.

"We have 67,000 more workers today than we had in February 2020," said Chad Moutray, the chief economist for the National Association of Manufacturers. "I didn't think we would get there, to be honest with you."

Manufacturers say the numbers could be even stronger, if not for their continued difficulties attracting and hiring skilled workers amid 3.7 percent unemployment.

Mr. Biden has pushed a variety of legislative initiatives to boost domestic manufacturing, including direct spending on infrastructure, tax credits and other subsidies for companies like battery makers and semiconductor factories, and new federal procurement requirements that benefit manufacturers located in the United States. Biden administration officials say those policies could play a decisive role in further encouraging factory job growth in the coming months and years, in hopes of continuing the expansion and possibly pushing factory employment back to pre-2008 levels.

Thanks Dark Brandon for believing in the US worker unlike the Republicans who instead incentivized off-shoring of domestic manufacturing jobs with tax credits for businesses to do so.

Hopefully workers and voters will remember this come November 8th.

#1 | Posted by tonyroma at 2022-09-26 10:57 AM | Reply | Newsworthy 2

If factory jobs provide enough income to support the worker a spouse and two kids get them while you can.

#2 | Posted by Tor at 2022-09-26 01:11 PM | Reply

Manufacturing jobs in this country have changed drastically in the past 30 years. Many on manufacturing floors have college degrees, strong math skills and the understanding of how to run a modern machining center so as to do high-precision metal processing. We ain't talking hanging a fender on a Camaro once every 27 seconds for a shift.

Lots of governors, like the brown-shod clown here in Okiehomie, think that getting more manufacturing jobs in the state is the way to economic success, when they don't realize that employers are not seeking just strong backs, but also require strong minds. States, like Oklahoma, which cannot produce a highly educated workforce, are losing out to other parts of the country that can and do so...

#3 | Posted by catdog at 2022-09-26 01:24 PM | Reply

Republicans will just straight up lie about stuff like this and claim Biden has decimated our manufacturing sector.

#4 | Posted by JOE at 2022-09-26 01:32 PM | Reply | Newsworthy 2

It does feel like the Carter years.

#5 | Posted by visitor_ at 2022-09-26 01:43 PM | Reply | Funny: 1 | Newsworthy 1

The bankruptcy-prone orange turd was eradicating jobs like it was the 1930's.

#6 | Posted by reinheitsgebot at 2022-09-26 01:45 PM | Reply | Newsworthy 2

We'll take the surge in mfg jobs while we can.

but when they start going away then we'll blame that on who's president at the time.

You all realize that will happen again, right?

And afterall...why miss an opportunity to play the finger pointing game?

It's so so so productive.

#7 | Posted by eberly at 2022-09-26 01:54 PM | Reply

when they start going away then we'll blame that on who's president at the time.

The Trump tax cuts incentivized moving jobs overseas.

itep.org

Is it okay to hold him responsible him?

Or does that upset you?

#8 | Posted by ClownShack at 2022-09-26 02:00 PM | Reply

"when they start going away then we'll blame that on who's president at the time."

Stick with the take it while we can get it audited.

My grant uncles knew the CCC wouldn't last forever but that didn't stop them from joining in order to get out of a dead end town.

#9 | Posted by Tor at 2022-09-26 02:16 PM | Reply

-The Trump tax cuts incentivized moving jobs overseas.

Fair point but your example of jobs being sent overseas is a report where we are experiencing and INCREASE in mfg jobs here at home? Perhaps you should acknowledge it's a massively complex problem.

For example, was the tax cut in 2017 responsible for the MILLIONS of jobs sent overseas in the decades prior to 2017?

Is it okay to point that out?

Or does that upset you?

#10 | Posted by eberly at 2022-09-26 02:36 PM | Reply | Newsworthy 1

we are experiencing and INCREASE in mfg jobs here at home?

Is that because there are supply chain shortages and people decided there was money to be made by bringing more manufacturing jobs to America or is that due to the Build Back Better programs?

It didn't happen for no reason.

was the tax cut in 2017 responsible for the MILLIONS of jobs sent overseas in the decades prior to 2017?

Those job were sent out of the country in order to pay employees less and pocket more profits.

#11 | Posted by ClownShack at 2022-09-26 02:55 PM | Reply

-It didn't happen for no reason.

Agreed. And it didn't happen for a single reason either.

-Is that because there are supply chain shortages and people decided there was money to be made by bringing more manufacturing jobs to America or is that due to the Build Back Better programs?

Definitely for the former but not sure on the latter. Maybe.

#12 | Posted by eberly at 2022-09-26 03:15 PM | Reply

-Those job were sent out of the country in order to pay employees less and pocket more profits.

Initially that was the case but it's unfair to tag everyone who was engaging in that simply to be competitive and survive......years and years later.

#13 | Posted by eberly at 2022-09-26 03:16 PM | Reply | Funny: 1

Good news everyone. The stock market continues to tank and inflation remains high.

#14 | Posted by visitor_ at 2022-09-26 04:10 PM | Reply

Tanking stock market is good news, well for me and pretty much anyone under 50 trying to build a retirement fund. Heck even inflation has gotten my savings accounts up to 3% up from .5% last year.

I guess you are already retired since it's been so upsetting to you visitor. Don't worry I'm always nice to the greeter at Walmart.

#15 | Posted by TaoWarrior at 2022-09-26 04:22 PM | Reply

You're assuming Walmart won't start hiring robots for greeters.

#16 | Posted by visitor_ at 2022-09-26 04:38 PM | Reply

Good news everyone. The stock market continues to tank and inflation remains high.

#13 | Posted by visitor_

The jobs being created by dem policies will last a lot longer than any short term trend in stock prices or inflation.

As long as we dont re elect you morons who will reverse all the policies that are bringing jobs home.

#17 | Posted by SpeakSoftly at 2022-09-26 04:47 PM | Reply

"You're assuming Walmart won't start hiring robots for greeters."

#15 | POSTED BY VISITOR_

You put in your application already?

#18 | Posted by LegallyYourDead at 2022-09-26 06:42 PM | Reply

Waiting on callback for second interview. Wish me luck.

#19 | Posted by visitor_ at 2022-09-26 08:15 PM | Reply

Second interview is easy it's the third that gets you.

#20 | Posted by TaoWarrior at 2022-09-26 08:40 PM | Reply

I once met some guys who as part of their parol were getting jobs in specific form of car repair.

It wouldn't be that hard to train them to build cars.

#21 | Posted by Tor at 2022-09-26 09:37 PM | Reply

Is that because there are supply chain shortages and people decided there was money to be made by bringing more manufacturing jobs to America or is that due to the Build Back Better programs?

According to the data in the article the answer is both. After seeing China's dysfunction in their Covid response and the general disfavor totalitarianism is failing into as it relates to disruptions in supply chains, the reality that supplies and goods delivered on time - even at higher cost - is still more profitable than the sporadic, unpredictable, unreliable non-delivery of supplies and goods.

And the American Rescue Plan has indeed provided domestic businesses with attractive incentives to return domestic manufacturing which is even more vital since in the past couple of decades foreign car manufacturers have shifted much of their assembly to US-based factories.

As it is, the main problem with even more US manufacturing hasn't been the will, it's been the lack of available employees, again as noted in the article.

Manufacturers say the numbers could be even stronger, if not for their continued difficulties attracting and hiring skilled workers amid 3.7 percent unemployment.

Fernando Torres, vice president of operations for Greene Tweed, a Pennsylvania-based manufacturer of materials and components used by the aerospace and semiconductor industries, said his company has had to become more flexible to attract new workers and offer more attractive salaries and benefits. He has been looking for employees with different backgrounds that the company can train to develop the skills to fill open jobs, and said that it has been hard to retain staff because competitors are aggressively trying to lure them away.

But Mr. Torres said that Greene Tweed, which employs just fewer than 2,000 workers, did not plan to give up, considering the demand for his company's products.

"We are looking for lots of employees," Mr. Torres said. "We are not looking at slowing down."

Chuck Wetherington, president of BTE Technologies, a manufacturer of medical devices based in Maryland, said that he was trying to expand his work force of around 40 by 10 percent. A lack of workers, he said, has become a bigger problem than supply chain disruptions.

"Our backlog continues to grow," Mr. Wetherington said at a National Association of Manufacturers briefing. "I just can't find the employees."

#22 | Posted by tonyroma at 2022-09-26 10:19 PM | Reply

and yet the stock market has been sucking -------- all year.

#23 | Posted by eberly at 2022-09-26 10:23 PM | Reply

and yet the stock market has been sucking -------- all year.

Every single day I watch this and shake my head at what I perceive to be the complete irrationality between the markets and reality. The markets are down because the Fed is trying to fight inflation. But as I experience it, inflation is high not because of simply supply problems or rising wages. Inflation is being driven by the greed of corporations and businesses who're using the cover of inflation to increase prices and gouge consumers beyond any actual cost increases that they're facing. Robert Reich has been preaching this gospel for months.

As of August, there are 10 million unfilled jobs in the US and only 6 million workers to fill them. Raising interest rates to stem employment is stupid in this equation. The rate increases have stemmed runaway housing prices because of the rise in mortgage costs, but it still hasn't stopped the rise in rental prices as more Americans find it near impossible - or too costly - to find housing.

Case in point: right now in Indiana, the pump price of gasoline is still around $3.89 gallon for regular even though the cost per barrel is $77 for WTI. Previously when oil was at this price, the pump price was more than $1 less per gallon. Cost increases borne at the consumer level based on the high price of oil/transportation are not being lowered along with the price drops over the last 3 months. IMO, these things are driving inflation more than anything else and raising the cost of borrowing is not going to change that equation one bit.

#24 | Posted by tonyroma at 2022-09-26 10:52 PM | Reply | Newsworthy 3

Good luck, VISITOR_!!

#25 | Posted by rstybeach11 at 2022-09-26 11:54 PM | Reply

"Inflation is being driven by the greed of corporations and businesses who're using the cover of inflation to increase prices and gouge consumers beyond any actual cost increases that they're facing."

It's all some grand conspiracy. / sarcasm

#26 | Posted by BellRinger at 2022-09-27 12:31 AM | Reply

America is the place where jobs are booming.

Russia is the place where offices are booming.

#27 | Posted by Tor at 2022-09-27 12:42 AM | Reply | Funny: 1

can I get a car cheap like the 70's? Or even buy a house with this job?

Let's not celebrate dead-end jobs where only the top get rich. The only reason this is happening is china stinks right now.

#28 | Posted by Brennnn at 2022-09-27 04:02 AM | Reply

It's all some grand conspiracy. / sarcasm

#26 | POSTED BY BELLRINGER AT 2022-09-27 12:31 AM | REPLY |

Apparently big corporations didn't figure out how to price gouge until Biden took office...

#29 | Posted by lfthndthrds at 2022-09-27 09:14 AM | Reply

All they had to figure out is you will blame it on whichever Democrat is in office.

It's a bit like the time we attacked Iraq even though Iraq had nothing to do with 9/11.

Y'all are just stupid like that.

#30 | Posted by snoofy at 2022-09-27 09:19 AM | Reply | Newsworthy 4

-Inflation is being driven by the greed of corporations and businesses who're using the cover of inflation to increase prices and gouge consumers beyond any actual cost increases that they're facing

I've watched Reich's videos on this. He's right in that there has been consolidation in certain industries and fewer competitors can impact pricing.

But how does that explain the absence of significant price increases at other times? If it's just as simple as "hey, let's raise prices because we can do whatever we want", then why is this only going on in specific times?

why not all the time?

And....if it's true that it's all just "greedy corporations" (really, when are they not greedy) then how does the inflation adjustment act address that cause?

#31 | Posted by eberly at 2022-09-27 09:45 AM | Reply

"But how does that explain the absence of significant price increases at other times?"

It doesn't.

Does it need to?

#32 | Posted by snoofy at 2022-09-27 09:53 AM | Reply

"If it's just as simple as "hey, let's raise prices because we can do whatever we want", then why is this only going on in specific times?"

^
Why don't they just run the Two Minute Offense all the time?

#33 | Posted by snoofy at 2022-09-27 09:58 AM | Reply

Does it need to?

Snoofy is correct. On top of consolidation, we're just emerging from an economy-altering pandemic which has changed former paradigms. Corporate profits are at all time highs and there's been no slowing of stock buybacks by companies flush with cash. Such conditions are not those where one usually finds rising prices from the producer's end.

Thanks to PPP, many companies actually came through the lockdown/slowdown phase of the pandemic in far better fiscal shape than they usually do during recessions. And due to pent up demand for goods, most businesses were - and many still are - scrambling for workers to fill orders. As I noted above, the spectre of real inflationary pressures brought on by energy costs and supply chain shortages which rippled throughout manufacturing has provided companies the opportunity to pad their bottom lines while mimicking that it's inflation's fault instead of what it really is - the ability to charge more just to make more.

Again, let's go back to the worker shortage situation. Why would the Fed think that raising interest rates to slow employment is going to work when there are 10 million jobs available and only 6 million workers to fill them? If certain industries are artificially forced to let workers go there are plenty more willing to bid for their services - likely with higher wage and benefit packages than the jobs they'll be leaving. And all the pre-gloom and doom about Christmas? Don't Americans usually figure out a way to make Christmas work for their families by taking part-time jobs if necessary? My prediction is for a record Christmas this year, particularly on the heels of 2 Covid Christmases.

Sooner rather than later, market followers are going to realize that the Fed is chasing a ghost that they cannot catch. At that point, investors will return to analysis of the usual market dynamics, see record profits and unending demand, and if/when China finally gets its Covid situation under control, renewed demand from the most populous nation on Earth.

At least that's my view from the cheap seats.

#34 | Posted by tonyroma at 2022-09-27 10:19 AM | Reply | Newsworthy 2

-Why would the Fed think that raising interest rates to slow employment is going to work when there are 10 million jobs available and only 6 million workers to fill them?

Good question. I doubt they think it will slow employment.

So the question remains....why do it?

#35 | Posted by eberly at 2022-09-27 10:28 AM | Reply

The biggest driver of inflation is bad fiscal and monetary policy which is a problem that goes back at least a couple of decades. Several rounds of QE with years upon years of 0% interest and then all of the stimulus spending during the pandemic, runaway government debt and unsustainable trajectory for Medicare and Social Security. Team Biden inherited a big mess - a disaster in the making. Of course, they and the Democrats did everything they could to exacerbate the problem, but the foundation was already there.

#36 | Posted by BellRinger at 2022-09-27 10:29 AM | Reply | Funny: 2

unsustainable trajectory for Medicare and Social Security

Would you give up this garbage please! Medicare and SS are not on the books, they have a separate funding manner unrelated to regular government income. Both can be fixed simply by raising the current payroll tax cap and/or raising the rate slightly.

If the Government had not spent the money they did during Covid, our economy would be in depression and so would the rest of the world.

I simply do not know what it is with people who cannot figure out that when X is taken out of the economy, X needs to be replaced or the economy will suffer or spiral downward due to its interconnected nature. Thinking like this is why it took so many years for the US to completely emerge from the 2008 collapse - Republicans would not let the Democrats fill the hole quickly enough.

The biggest driver of inflation TODAY has been the spike in energy costs brought on by Putin and his war against Ukraine and its global ripple effects. If that invasion never happened, we wouldn't be having this conversation today. Anyone saying differently isn't living in the real world.

#37 | Posted by tonyroma at 2022-09-27 10:38 AM | Reply | Newsworthy 3

-And due to pent up demand for goods

Who doesn't expect companies to try to sell their products for the maximum they can all the time?

When do corporations not act "greedy"?

#38 | Posted by eberly at 2022-09-27 10:39 AM | Reply

When do corporations not act "greedy"?

When supply exceeds demand.

#39 | Posted by tonyroma at 2022-09-27 10:41 AM | Reply | Funny: 1 | Newsworthy 3

So the question remains....why do it?

It's the proverbial answer whenever wages are increasing simultaneously with inflation. Frankly, it's part of the reason for wealth disparity. The Fed never tries to create economic conditions that halt a company's ability to profit, do they? But heaven forbid workers are granted pay raises AND businesses inflate prices concurrently, then it has to be the workers' fault, right?

#40 | Posted by tonyroma at 2022-09-27 10:45 AM | Reply

The current inflationary cycle started before the invasion. Remember - we were told it's transitory.

Not sure why you took so much umbrage with my comment about SS and Medicare. Tax increases alone won't fix it, BTW and these programs are future drivers of our debt which will result in a natural increase in interest for debt servicing.

#41 | Posted by BellRinger at 2022-09-27 11:19 AM | Reply | Funny: 1

#40 Nobody is blaming workers for inflation. Also, you act like running a business is easy and risk free.

#42 | Posted by BellRinger at 2022-09-27 11:20 AM | Reply | Funny: 1

Further, you equate sound business practices with greed. Any time a big event comes into town, like say the Super Bowl, hotels and car rental companies raise their rates. When times are slow, they lower their rates to try and attract more customers. Their fixed costs remain the same whether demand is high or low. Most companies have a profit margin of less than 10%.

#43 | Posted by BellRinger at 2022-09-27 11:24 AM | Reply | Funny: 2

"Further, you equate sound business practices with greed."

^
Wow.
Were you asleep from 1975 until today?
Greed is good.

Since 1975, practically all the gains in household income have gone to the top 20% of households.

#44 | Posted by snoofy at 2022-09-27 11:30 AM | Reply | Newsworthy 3

So the question remains....why do it?
#35 | POSTED BY EBERLY

Why make money?
You are so dumb, Eberly, that you cant even play dumb any good.

#45 | Posted by snoofy at 2022-09-27 11:31 AM | Reply | Newsworthy 1

#44 Which is only meaningful if people remain fixed in their brackets, which isn't even close to being the case. Tons of upward and downward mobility.

#46 | Posted by BellRinger at 2022-09-27 11:33 AM | Reply

"#44 Which is only meaningful if people remain fixed in their brackets"

Not at all.
The meaning doesn't change when people's quintile membership changes.
Regardless of what quintiles households have been in -- Since 1975, practically all the gains in household income have gone to the top 20% of households.

#47 | Posted by snoofy at 2022-09-27 11:36 AM | Reply

"Tons of upward and downward mobility."

Any way you slice it, only the top quintile has seen significant income growth.
The bottom four quintiles are essentially stagnant, going on fifty years.

#48 | Posted by snoofy at 2022-09-27 11:37 AM | Reply

Also, you act like running a business is easy and risk free.
#42 | POSTED BY BELLRINGER

Well it's certainly risk free.
That's why corporations exist.
To shield entrepreneurs from risk.

Don't you conservatives know anything about Capitalism?

#49 | Posted by snoofy at 2022-09-27 11:41 AM | Reply | Newsworthy 5

But as I experience it, inflation is high not because of simply supply problems or rising wages. Inflation is being driven by the greed of corporations and businesses who're using the cover of inflation to increase prices and gouge consumers beyond any actual cost increases that they're facing. Robert Reich has been preaching this gospel for months.
24 | POSTED BY TONYROMA AT 2022-09-26 10:52 PM | REPLY |

I always wonder when people post this why didn't energy companies gouge when Trump was in office? It would have been easy when oil was $30/barrel. If you think they are gouging why don't you ask why Biden isn't doing anything about it? If they did it under Trump you would be calling for impeachment.

#50 | Posted by fishpaw at 2022-09-27 11:42 AM | Reply

"I always wonder when people post this why didn't energy companies gouge when Trump was in office?"

Why didn't Putin invade Ukraine while Trump was in office?

Hey, not everyone's perfect.

#51 | Posted by snoofy at 2022-09-27 11:53 AM | Reply | Newsworthy 2

-When supply exceeds demand.

wrong. They always act with greed.

prices, regulation, employees, etc.

It's always the same. It never ends.

One man's "greed" is another man's "efficiency"

#52 | Posted by eberly at 2022-09-27 12:40 PM | Reply

-Also, you act like running a business is easy and risk free.

So does Robert Reich.

"I'll just raise prices and cut wages. ----, I'll be rich in no time!!"

-business owner.

#53 | Posted by eberly at 2022-09-27 12:42 PM | Reply

#50 | POSTED BY FISHPAW AT 2022-09-27 11:42 AM | FLAG: INCONTINENT HACK

#54 | Posted by LegallyYourDead at 2022-09-27 01:00 PM | Reply

Since 1975, practically all the gains in household income have gone to the top 20% of households.

#47 | POSTED BY SNOOFY AT 2022-09-27 11:36 AM | FLAG:

You left out "Trump's fault"

#55 | Posted by lfthndthrds at 2022-09-27 01:10 PM | Reply

I know one thing, I'll be praising Biden when all this ---- comes crashing down because I'm going to be making some serious money.

#56 | Posted by lfthndthrds at 2022-09-27 01:14 PM | Reply

I always wonder when people post this why didn't energy companies gouge when Trump was in office? It would have been easy when oil was $30/barrel. If you think they are gouging why don't you ask why Biden isn't doing anything about it? If they did it under Trump you would be calling for impeachment.

#50 | POSTED BY FISHPAW

Because of HOW the gouging happened.

Oil Companies simply decided NOT to turn the pumps on when oil demand returned. That wasn't an option when Trump was in office because there was no great demand spike for oil.

I honestly don't know how hard this is to understand. It's pretty basic 8th grade civics stuff.

#57 | Posted by Sycophant at 2022-09-27 01:16 PM | Reply

#47. Makes the same amount of sense as saying the current inflation is caused by corporate greed.

#58 | Posted by fishpaw at 2022-09-27 03:53 PM | Reply

#58 was meant for #57.

#59 | Posted by fishpaw at 2022-09-27 03:55 PM | Reply

I always wonder when people post this why didn't energy companies gouge when Trump was in office?"

Why didn't Putin invade Ukraine while Trump was in office?

Hey, not everyone's perfect.

#51 | POSTED BY SNOOFY AT 2022-09-27 11:53 AM | FLAG:

Because Putin knew better. Pretty basic.

#60 | Posted by fishpaw at 2022-09-27 03:57 PM | Reply | Funny: 2

Because Putin knew better. Pretty basic.
#60 | POSTED BY FISHPAW

^
And what's going better for Putin, by waiting until Trump was out of office?
LOL

#61 | Posted by snoofy at 2022-09-27 04:02 PM | Reply | Funny: 1

Putin wanted America to leave NATO had he launched the invasion of Ukraine while Trump was president it would have been impossible but the moment that Trump left office Putin's window of opportunity began to close.

#62 | Posted by Tor at 2022-09-27 05:52 PM | Reply

Makes the same amount of sense as saying the current inflation is caused by corporate greed.

Explain how companies can make record profits while experiencing non-optimum sales due to supply chain problems and/or employment issues due to not enough workers.

They've increased the price of what they are selling beyond any rise in attendant costs, correct?

Such price increases are indeed inflationary regardless of whether or not one wants to acknowledge that they are based on simple opportunity, aka greed.

#63 | Posted by tonyroma at 2022-09-27 06:18 PM | Reply | Newsworthy 2

" They've increased the price of what they are selling beyond any rise in attendant costs, correct?"

Good question. What proof do you have that substantiates the implication in that question?

#64 | Posted by BellRinger at 2022-09-27 06:48 PM | Reply

Putin wanted America to leave NATO had he launched the invasion of Ukraine while Trump was president it would have been impossible but the moment that Trump left office Putin's window of opportunity began to close.
#62 | POSTED BY TOR

What? Trump wanted to leave NATO? I don't think asking people to pay their fair share is wanting to give up on the relationship. Even if you ask what's the point of it.
Maybe it was a scare tactic? I mean he didn't leave did he?

So you are doing nothing but speculating.

Putin waited for European dependence on their energy, then trusted that Biden saying the would cut off the NordeStream was a bluff, not hard to figure out given the man.

Explain how companies can make record profits while experiencing non-optimum sales due to supply chain problems and/or employment issues due to not enough workers.

That's what 8.5% inflation gets you YoY. 8.5% more profits without doing anything.

They've increased the price of what they are selling beyond any rise in attendant costs, correct?"

Their BOM costs have increased, WTF are "attendant" costs? You mean "labor"?

#65 | Posted by oneironaut at 2022-09-27 07:08 PM | Reply

Because Putin knew better. Pretty basic.

#60 | Posted by fishpaw

Why would putin be scared of a moron who did whatever he wanted?

#66 | Posted by SpeakSoftly at 2022-09-27 07:09 PM | Reply

What? Trump wanted to leave NATO? I don't think asking people to pay their fair share is wanting to give up on the relationship. Even if you ask what's the point of it.
Maybe it was a scare tactic? I mean he didn't leave did he?

So you are doing nothing but speculating.

#65 | Posted by oneironaut

You are doing nothing but proving you dont consumer real news.

www.vox.com

"President Donald Trump has reportedly suggested on multiple occasions that the United States withdraw from NATO " a maneuver that would roil the global community and signal a major victory for Russia.

Julian Barnes and Helene Cooper at the New York Times reported on Tuesday that in 2018, Trump said several times that he wanted to remove the US from the North Atlantic Treaty Organization, a military alliance between the US, Canada, and multiple European countries signed in 1949 to contain Soviet expansionism after World War II.
Join the Vox Video Lab

Go behind the scenes. Chat with creators. Support Vox video. Become a member of the Vox Video Lab on YouTube today. (Heads up: You might be asked to sign in to Google first.)

Trump has made no secret of his disdain for NATO, which he once declared was "obsolete." According to the Times, his repeated requests to withdraw from NATO have rattled administration officials, especially as concerns about his interactions with Russia and President Vladimir Putin grow. "

#67 | Posted by SpeakSoftly at 2022-09-27 07:11 PM | Reply | Newsworthy 1

Good question. What proof do you have that substantiates the implication in that question?

#64 | Posted by BellRinger

Oil is below 85/barrel. Yet gas is more expensive than when oil was 145/barrel in 2008.

It must be nice to be an oil company. You can just jack up your prices when the people elect someone you dont like so they'll take the blame and get voted out. Then when your puppet get elected you can lower prices and make the people think your puppet is the reason for their cheap gas.

It's a carrot and stick approach to keep suckers voting for whoever you control.

#68 | Posted by SpeakSoftly at 2022-09-27 07:16 PM | Reply

-It must be nice to be an oil company. You can just jack up your prices when the people elect someone you dont like so they'll take the blame and get voted out. Then when your puppet get elected you can lower prices and make the people think your puppet is the reason for their cheap gas.

Do you realize that in order for your stupid little conspiracy theory to play out, oil companies would have to actually prefer a democrat win the White House?

You are suggesting that oil companies would prefer a Republican in the White House so they can make less money.

#69 | Posted by eberly at 2022-09-27 07:48 PM | Reply

Do you realize that in order for your stupid little conspiracy theory to play out, oil companies would have to actually prefer a democrat win the White House?

You are suggesting that oil companies would prefer a Republican in the White House so they can make less money.

#69 | Posted by eberly

Republicans would roll back green energy and let them drill wherever they wanted, then they'd end the people's ability to ever elect liberals, the enemies of big oil, again.

Why would they want democrats in power?

#70 | Posted by SpeakSoftly at 2022-09-27 07:51 PM | Reply

What proof do you have that substantiates the implication in that question?

I've given the proof over and over again. Do you have reading difficulty?

The proof is record/higher profits. How else do you think they've managed them while paying higher wages and higher production costs due to supply chain issues?

#71 | Posted by tonyroma at 2022-09-27 09:08 PM | Reply

You are suggesting that oil companies would prefer a Republican in the White House so they can make less money.

I think that is part of the equation most are missing. Speaks is correct imo. The oil companies have increased their profit margins since before the pandemic. The same dynamic Speaks identified didn't just start since 2021. When the price of oil crashed during the shutdowns, the pump price was still historically higher than previously when compared to the price per barrel.

And then when the price skyrocketed, those margins seemingly were based on percentages and the result is humongous profits for oil companies quarter after quarter, yet no one even bothers to ask why.

#72 | Posted by tonyroma at 2022-09-27 09:16 PM | Reply | Newsworthy 1

"What proof do you have that substantiates the implication in that question?"

What proof would you accept?
Probably none.

#73 | Posted by snoofy at 2022-09-27 09:22 PM | Reply

All Real Americans are happy at the prospect of sustainable factory jobs returning.

#74 | Posted by Tor at 2022-09-27 09:48 PM | Reply

" What proof do you have that substantiates the implication in that question?"

I'd say the largest quarterly profits since the dawn of time suffices; wouldn't you?

#75 | Posted by Danforth at 2022-09-27 09:48 PM | Reply | Newsworthy 2

Oil Companies simply decided NOT to turn the pumps on when oil demand returned. That wasn't an option when Trump was in office because there was no great demand spike for oil.

At one point during the pandemic oil was selling for negative prices. The drillers were paying buyers to take the supplies off their hands.

Prior to this current run up in oil prices, fracking operators were going bankrupt and selling oil for less than it cost to produce it. One of my clients is booming now as they went on a buying spree from bank liquidations and buying producing wells at 35 cents on the dollar.

That is the problem with continuing to believe that the US can compete in the oil industry with the middle east. OPEC is government owned...when US oil production gets too big, they just open the spigots and drive the price down to where the US producers go bankrupt and then shut off the supply pushing the prices back up. The best course of action is to develop other sources of energy and maximize those to reduce the impact of OPEC on the supply chain.

#79 | Posted by Nixon at 2022-09-28 08:28 AM | Reply

The never ending stream of money given to the 50% of households that pay no federal tax dollars

That's a lie right there.

So, correct for that factor and the group being screwed is the US middle class.

The 1% have convinced the middle class that the poor are the reasons for the middle class suffering instead of the concentration of wealth and greed of the 1%.

The top 1% have 15 times more wealth than the bottom 50% you keep bitching about getting food stamps. While you ghouls bemoan giving people food and health care to survive the 1% rely on that never ending stream of money to keep their business model of below poverty level wages operational.

"While the middle class blame the poor, I am going to park my boat inside my boat".

#80 | Posted by Nixon at 2022-09-28 08:39 AM | Reply | Newsworthy 3

The Trump tax cuts incentivized moving jobs overseas.

The movement of jobs overseas started happening long before Trump; and, if memory serves me correctly, it wasn't just republicans. It was Ross Perot that talked about that "giant sucking sound" of jobs leaving the US as a result of NAFTA. NAFTA happened under a democrat Bill Clinton.

Both parties are responsible for the manufacturing decline in the US. Both parties deserted the American worker and pushed them and the small towns in which many of them live into difficult situations.

While NAFTA was an issue, the real problem was the outsourcing of manufacturing to Asia. At least by keeping the jobs in the Americas, we were able to decrease the flow of illegal immigrants from Mexico. The outsourcing of jobs to Asia provided no relief to the our illegal immigration problem. If some of those jobs that went to Asia went to Central and South America, we wouldn't have such a desperate situation on our southern border.

We solved one problem (i.e. developed strong allies to counter the influence of China) but caused another (i.e. large flow of migrants crossing our southern border).

#81 | Posted by FedUpWithPols at 2022-09-28 10:23 AM | Reply

I want Democrats to win the midterms so they can take 100% of the blame for the economic calamity coming

#76 | POSTED BY CHRISIRVINE

OK.

I want Democrats to win the midterms to keep stinking fascists out of power.

#82 | Posted by Zed at 2022-09-28 12:27 PM | Reply | Newsworthy 1

76 | POSTED BY CHRISIRVINE

Funny, I remember economic calamities of the most extreme sort under both Bush II and Trump.

Maybe it was all a dream....

#83 | Posted by Zed at 2022-09-28 12:28 PM | Reply | Newsworthy 1

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