tag:blogger.com,1999:blog-8515247115132134144.post5317319148657552718..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: Business Sector: Labor ShareStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8515247115132134144.post-60828622892716670972012-09-05T15:37:45.910-07:002012-09-05T15:37:45.910-07:00September 10, 2011
The Physics of Job Losses
Then...<b>September 10, 2011</b><br /><a href="http://illusionofprosperity.blogspot.com/2011/09/physics-of-job-losses.html" rel="nofollow">The Physics of Job Losses</a><br /><br /><i>Then "they" came for our information services jobs. We said nothing. We knew there was a dotcom bubble.</i><br /><br />I thought I recognized that chart. I too noticed the trend.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-24449846841528777082012-09-05T15:29:54.906-07:002012-09-05T15:29:54.906-07:00Troy,
Welcome to 1990. Sigh.Troy,<br /><br />Welcome to 1990. Sigh.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-53385191031625481552012-09-05T13:10:09.182-07:002012-09-05T13:10:09.182-07:00http://research.stlouisfed.org/fred2/graph/?g=adn<a href="http://research.stlouisfed.org/fred2/graph/?g=adn" rel="nofollow">http://research.stlouisfed.org/fred2/graph/?g=adn</a><br /><br />Troynoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-3828652297510000812012-09-05T12:47:58.649-07:002012-09-05T12:47:58.649-07:00Troy,
Have I mentioned yet that my last dotcom jo...Troy,<br /><br /><i>Have I mentioned yet that my last dotcom job was offshored to India to people making 1/10th my salary?</i><br /><br />Let's hope it takes 10 of them to do it. Sigh. :(Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-61541452880289233712012-09-05T12:45:35.718-07:002012-09-05T12:45:35.718-07:00"one million employees".
Man.
Think of..."one million employees".<br /><br />Man.<br /><br />Think of all the time Steve Jobs was futzing around with his Fremont factories back in the 1980s -- first for the Mac, and then for NeXT. Back then all the parts were actually being made in by Japanese companies in Singapore and Taiwan and only final assembly was done in the US, but what a maroon anyway!<br /><br />Steve sure timed his 3rd act well. . .<br /><br /><a href="http://research.stlouisfed.org/fred2/series/EXCHUS" rel="nofollow">http://research.stlouisfed.org/fred2/series/EXCHUS</a><br /><br />1. Invent hit consumer product<br />2. ????<br />3. PROFIT!<br /><br />Step 2 of course being call the Chinese.<br /><br />I just wonder how many more years I have until they overwhelm software production. Maybe I should offshore myself and just manage a team. Get more done, that's for sure.<br /><br />Have I mentioned yet that my last dotcom job was offshored to India to people making 1/10th my salary?Troynoreply@blogger.com