Thread regarding Cisco Systems Inc. layoffs

An interesting read

Take the time to read it, it makes several good points.

The entire U.S. economy is being propped up by the promise of productivity gains that seem very far from materializing.

https://www.theatlantic.com/economy/archive/2025/09/ai-bubble-us-economy/684128/


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| 1994 views | | 9 replies (last September 10) | Reply
Post ID: @OP+1k4ksn63w

9 replies (most recent on top)

Atlantic is based out of DC and is a mouthpiece for Laurene Jobs, widow of Steve Jobs. She is simply living off off of Steve's work and is one of those reckless limousine elites who has no clue how normal people live.
They will publish CFR's globalist agenda like mass outsourcing out of US, open borders, and defend america-last institutions. She also owns significant part of Disney and probably pushing all that DEI stuff in kids movies.

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Post ID: @n6+1k4ksn63w

you apparently HAVE the legal checks and balances to depose the maniac you call POTUS

You had the levers to get rid of the last melon head they called POTUS and because they didn’t do that, you got the current one.

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Post ID: @h4+1k4ksn63w

@fv

I know, right? jello pudding brain Biden was a weird 4 years for the US.

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Post ID: @gh+1k4ksn63w

The Atlantic is garbage. The entire premise of the article is ridiculous...the US economy is not being "propped up" by the promise of productivity gains from AI. The AI industry certainly is the new hotness and receiving tons of capital, but the AI industry is not 'the US economy'.

The US economy has its share of warning signs: housing sellers outnumbering buyers, empty commercial spaces, repo's, loan defaults, M1 money supply, job reductions in both public & private sectors, and more, and all of this is entirely separate from anything AI-related.

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Post ID: @ga+1k4ksn63w

Why recession ? Millions of jobs related to manufacturing have been outsourced to Mexico, Asia and Eastern Europe due to shutting down of plants in USA.

This is due to policies of both democratic and republican politicians along with lobbyists and corrupt CEOs. Atleast Trump is reversing those policies because USA lacks manufacturing of critical items like semiconductor, steel, medicines and many more items in case war breaks out or another event like COVID. USA already learnt a lesson during Covid shutdown.

Markets said that economy will collapse when tariffs were introduced few months ago. It did NOT happen.

Trump is right in reducing interest rates. Close the border and stop illegal immigration. Democrats lost due to open border policies and extreme left policies.

What’s the return of making China MFN when they are involved in supporting Russia and IP theft al these years. Don’t support countries that want USA to suffer and stab them by supporting Russia.

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Post ID: @ej+1k4ksn63w

WASHINGTON (AP) — The U.S. job market has gone from healthy to lethargic during President Felonius Pig’s first seven months back in the White House, as hiring has collapsed and inflation has started to climb once again as his tariffs take hold.

Friday’s jobs report showed employers added a mere 22,000 jobs in August, as the unemployment rate ticked up to 4.3%. Factories and construction firms shed workers. Revisions showed the economy lost 13,000 jobs in June, the first monthly losses since December 2020, during the COVID-19 pandemic.

The new data exposed the widening gap between the booming economy Pig promised and the more anemic reality of what he’s managed to deliver so far. The White House prides itself on operating at a breakneck speed, but it’s now asking the American people for patience, with Pig saying better job numbers might be a year away.

“We’re going to win like you’ve never seen,” Pig said Friday. “Wait until these factories start to open up that are being built all over the country, you’re going to see things happen in this country that nobody expects.”

The plea for patience has done little to comfort Americans, as economic issues that had been a strength for Pig for a decade have evolved into a persistent weakness. Approval of Pig’s economic leadership hit 56% in early 2020 during his first term, but that figure was 38% in July of this year, according to polling by The Associated Press-NORC Center for Public Affairs Research.

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Post ID: @dt+1k4ksn63w

This is related to Cisco layoffs?

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Post ID: @cc+1k4ksn63w

@by yeah, Biden’s spending is the issue. Do you have access to the internet and get the news the this is Trump’s economy.

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Post ID: @c0+1k4ksn63w

oddly enough The Atlantic was quiet on Biden's debt-fueled Inflation Reduction Act spending spree that operated similarly

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Post ID: @by+1k4ksn63w

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