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Trump Era 2025-2029 : Stock and Economic Comment

The tiktok girl just needs to realise/accept that a significant part of her skillset has become obsolete.

Kind of like journalists when tv and newspapers died, her skills are now redundant and she needs to retrain in a different field.

I feel for her but sitting around and complaining on the internet isn't going to help.
 
Isn't the whole point of the tariffs to make America great again, create jobs to keep people employed, because China stole all their jobs?

You know, bring back jobs that most people can do and have a skill set for.
 
Isn't the whole point of the tariffs to make America great again, create jobs to keep people employed, because China stole all their jobs?

You know, bring back jobs that most people can do and have a skill set for.
No the tariffs are meant to create jobs/industries. The tariffs also didn't invent the AI that "took her job".

So in her case AI killed her skills demand but the tariffs should create a replacement like chip manufacturing or something. Considering her previous job was in tech/coding I'd imagine that moving over to computer science/engineering would actually have a fair bit of skills overlap/wouldn't be that much of a pivot. It'd be like if carpentry became obsolete but builders were still in high demand - there'd be plenty of transferable knowledge and skills a carpenter could use in the process of retraining to be and then working as a builder.

She's just got the poor me's and needs to realise the reality of the situation, stop wallowing, and retrain. Cost of living problems started long before trump and it wasn't the tariffs that rendered her skills obsolete either.

Trump is not to blame for her situation.
 
If you listen to what she said, they're from the tech industry and jobs have been cut due to either AI or the expected economic downturn before the holidays. The cost of living is high and expected to go higher from the retaliatory tariffs, which makes it harder for her to afford retraining, and the people who are still employed don't want to leave their low-paying jobs.
 
Isn't the whole point of the tariffs to make America great again, create jobs to keep people employed, because China stole all their jobs?

You know, bring back jobs that most people can do and have a skill set for.
well the education ( indoctrination ) system basically let them down , so many were unemployable except for rubbish government jobs , many would have to be re-skilled even if going back to trades they knew 5 years back

fun fact , China did NOT steal the jobs ,Sam Walton ( of Walmart fame ) blackmailed US manufacturers to SEND the jobs there , China just welcomed the orders and tech as it came to them ( because they had cheap semi-skilled labor )

now IF the US can re-tool and automate a lot of labor they can compete with China .. apart from wage costs .. but the problem now is IF the US can equal China in exports who will buy ( and in what currency )

FIRST the US needs to become ( mostly ) self-reliant again , then think about exporting any excess goods

( and Australia won't learn that lesson either )
 
I listened to what she said, I watched the video twice. Her job/sector going into a downturn has nothing to do with the tariffs. Nothing. Cost of living was mooning long before the tariffs.

The tariffs are actually bringing a lot of tech (different tech but still tech) back onto U.S shores. She should actually be happy about them considering how ai's just ko'd her career.
 
Yeah.. Excellent summary. Did you do that or was it AI
I suspect many of the usual suspects either havn't watched the clip in full or closely or even taken any notice.

It was very troubling IMV becasue it highlighted just how dangerous AI is to employment across scores of areas in the work force.

This isn't directed to Trumps tariff policies. It addresses the impact of AI simultaneously across the economy.

...................................................................

I take back part of my comments. It is clear some other posters did accurately note the issues in the clip. I am not so confident that she and her millions of friends will be successful in finding meaningful employment as AI slices through the workforce.

Reminds me of the series Humans. This delved deep into a world where "synths" were the mainstay of the workforce and humans were largely out of work
https://en.wikipedia.org/wiki/Humans_(TV_series)
 
The rich are who backed Trump to get into the presidencey why would he poop on them?

fun fact , China did NOT steal the jobs ,Sam Walton ( of Walmart fame ) blackmailed US manufacturers to SEND the jobs there , China just welcomed the orders and tech as it came to them ( because they had cheap semi-skilled labor )
I'm being sarcastic, that's what Trump sold to America at the election, but no one told Americans to keep on buying cheap Chinese products or set up e-commerce stores to profit from them. Many non-corporates profited from cheap Chinese products.
 
There a very old saying: The rich just keep on getting richer while everyone else either struggles or just gets poorer.
In this case Trumpets mates must be raking it in.
 
They won't:



I know it's a bloody tough pill to swallow but she needs to realise what's happened and take the appropriate course of action.

She's still at the denial leading into anger phase of grief. The sooner she realises reality and retrains the better it will be for her. Anything else is just a gambler chasing a loss throwing good money (time) after bad.

Cut your losses, walk away, and try something else.

Trump had nothing to do with this.
 

The way I see it, and this is a human thing, is we have a tendency to think of change itself being a recent phenomenon. In our minds, whatever existed when we were children seemed as though it had always been there, and that's how we think of it, seeing change as something recent.

In truth if you look at the history of what would today be referred to as "tech" then very few things lasted long enough for anyone to make a full career out of them even at the the sales level, and certainly not with the tech side itself.

Go back 25 years and at that point most photos were still taken on 35mm film, almost all visual displays were CRT, floppy disks, CD's and VHS were all ubiquitous, TV broadcasting was still analogue, if you were one of the minority who had internet access at home then it was almost certainly via dial-up, and so on. Today none of those are still mainstream, and some are outright dead as such.

Politics on either side didn't create this situation. It's just how it is, it's the price to be paid for living in a world of ongoing technological advancement.
 

"Meant to". Where are the new jobs? Of course Trump would be to blame if the new jobs aren't materialised.

In his defense, he never stipulated the jobs would be located in America....

 
Many people in Australia forge careers in different fields of work other than the area they got a degree in, and job hop.

There's widespread reporting that the tariffs have started to take their toll on different industries across the US.
 
When assessing economic factors for investment purposes, remember that Australia and the USA have different cultural politics, which if not taken into account can cause poor decisions with your money.

Why Americans fight culture wars and Australians don’t. Our country was an accident of history, and we bask in the quietude of our politics. But the US was conceived as an idea, and its tumultuous politics reflects that genesis.

 
So when Americans cry out for the government to intervene on their behalf to keep their overpaid jobs that somehow isn't social liberalism? Please.

He then goes on to say that the same politics that have electesd these "revolutionaries" to office, reliably restrict their powers 2 years after the fact. So this rubbish not only doesn't last, it is reliably neutered by the electorate!

The absolute last thing we need are private organisations ("Project 2025" and the like) dictating public policy.

America is not some inheritely superior political beast because of their origin.
They are where they are because the entire world was thrown into turmoil post WW2 and the globe decided to cede monetary powers to the US.
 
The usa was the only major industrial economy that did not have the **** bombed out of them during WW2.
UK , Germany, Japan, and some other parts of Europe were bombed.
Not surprising then that USA became top Dog.
Mick
 
well if i remember correctly

the commentator said she/he ( ? ) had acquired a large education debt by studying marketing and obviously isn't bright enough to expand the education into a psychology career

surely the transition into psychologist/psychotherapist should be a relatively smooth transition
 
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