I saw a fascinating WSJ article on Boeing recently, that relates to this.
During the pandemic Boeing wanted to downsize, so being run by Excel-brains, they did a lot of it via early retirements. They got rid of a large portion of their most skilled labor without realizing 1/
that this would be a problem. I mean, labor is labor, the young ones are cheaper, so why not get rid of as many of the expensive old ones as possible?
It took them years to figure out what they had done - since the MBAs didn't understand how Boeing actually built its planes.
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They finally understand that they can't build planes because they got rid of too much skilled labor, while the new hires weren't good enough.
So, as part of their attempted quality cures, they are extending training times,
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and trying to use the older skilled labor they still have as mentors to train the new hires.
Of course, there is a lot more difference between the old and new hires than just experience, but the article didn't go into that.
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I suppose the other explanation is the oldest and most skilled labor were overwhelming white and male, and the younger ones were less so, so getting rid of the skilled labor allowed DEI goals to be achieved.
It was likely both, MBAs reducing expenses while hitting DEI goals.
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Yes. Owning a single family detached home on a lot with a used car was the highest standard of living for the working class that had been achieved in the world, and tens of millions lived that life.
If the jobs hadn't been exported, and the migrants brought in, Millennials & 1/
Gen Z could be living the Boomer life today, which was even better.
I somewhat get the hatred of Boomers, but the Boomers didn't set that process in motion. The "Greatest Generation" elites did it in the 1960s - 1980s, with Hart Cellar & the early stages of globalization.
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If we had a hundred million less people, and the high paying factory jobs had never left, the current situation would be entirely different.
But, there's no talking to some people, the irrationl hatred for their parents & grandparents is so firmly established.
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Trump is making a major strategic error. He's riding high in terms of wielding tremendous power. But yet... his opponents still hold most of the power. The Deep State, the RINOs, the judges, the FBI/CIA, etc.
1) Israel has survived because of American support. Yes, effective military, etc., but little Israel would have still been overrun decades ago without US backing.
2) Jewish elites in America have achieved unprecedented power &
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prosperity, because they have historically had the backing of both partys, Dems & Repubs. America has been the promised land for jews, more than was ever the case in Europe.
But, as a result of bad decision making, as well as general historical & geopolitical changes,
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Ruh Roh, Legal Nobody just busted me, and figured out my localist agenda.
When almost everything is owned locally or in-state, then out-of-staters don't own it. New Yorkers, NYC banks or multinationals don't own almost any of the Heartland.
Few people understand how money really works in its modern form. Money is entirely artificial, it is artificially created in highly controlled process - and that money creation is the key to how wealth is distributed in America.
All current US dollars are debt.
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Money is brought into being by borrowing. Control the banks, particularly the central bank (the Fed), and one can literally bring money into existence in vast amounts, to buy and control the real, to outbid & buy the people whose wealth comes from the real.
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The US has been going through a very high rate of political change. The terms liberal & conservative are obsolete. The radical Left / progressives have taken full control of the Dem party, no room for libs.
The Repubs have a civil war between conservatives & the emerging RW.
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The Repub "conservatives" are the very definition of controlled opposition, and have been since the early 1930s (few remember that the Repub candidates in 1936 & 1940 were registered Democrats).
They give half or more of the electorate the ability to vote in opposition
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to the Leftists - and then they "accidentally" get rolled over again & again.
Roe v Wade could have easily been overturned decades before, Reagan could have done it with his SC choices, but keep in mind, had also started as a registered Democrat.
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An interesting example of 21st urban/rural conflict is currently playing out in Mali. About 20% of the population, 4.25 million out of 21 million, live in the capital.
The Islamist rebels in the vast hinterlands just cut the fuel supply. Whoopsie. Game over.
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The scale here is pretty interesting. Mali is 3X the size of California. So, one supremely powerful(???) megacity. And then a vast, sparsely populated countryside.
The Mali government still has ground forces & air assets - but no fuel means the vehicles don't move &
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the planes don't fly.
And the vast numbers of people in the city? They don't mean squat when it comes to power. They are mouths to feed, people needing fuel.
I've been trying to make this point about the modern megacities for some time now,
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