The Wall Street Journal claims that Biden’s America is on track to ‘reshore 350,000 jobs’ this YEAR! WOW! Amidst growing layoffs… Amidst numbers that are not published by companies… Amidst the literal thousands of companies that moved to India and China…? Amidst an Initiative that was developed in 2017 under – Trump. However, the WSJ is no fan of President Trump and will re-create talking points fed to it by The Elite.
According to ReshoreNow, as of 2017 they estimated that the US had lost 4 million jobs to offshoring. Organized by former IBM exec, Carl Carstensen, their goal was to return 1 million jobs to the US. They now estimate the return of 5 million jobs. By providing data analytics of the benefits in bringing back jobs from the 100,000 US companies that offshore, Carstensen details offshore costs such as inventory, shipping, and intellectual property risks.
The fact that US Companies have shuttered operations in Russia due to economic sanctions imposed by the Biden WH is NOT ‘reshoring’ – it is ‘profit reduction’. Reshoring from China is a supply chain reaction that destroyed inventory due to time lags and shortages. The vast majority is tied to: EV battery production, semi-conductors, electronic parts, appliances, chemicals and medical equipment.
China’s decoupling has actually been as a result of Trump era tariffs that made Chinese products more expensive. Biden’s WH is attempting to lift that 25% rate which would bring to a halt any additional reshoring!
But labor shortages in the US have hampered companies who would like to bring back more employee jobs. According to ReshoreNow, employees in the US need training for these positions. And the quality of training is abysmal. But the labor shortage is a global issue. WHY?
Given the insurance industry has claimed an increase in claims of working age employees by 40% – the impact of the Pandemic policies is the only possible causal factor that would align with global shortages. Austria reports actuarials of a 15% increase in excess deaths. And in the UK excess deaths are averaging 1000 per week.
The Wall Street Journal is claiming that the cause of the excess deaths is related to lockdowns wherein people chose to forego medical care… Repudiating the claim that they are vax related… Obviously we are NOT in lockdowns – so the justification is propaganda at best, or simply a Lie.
Rarely, does the Biden WH acknowledge that the BLS release of US productivity for the first quarter contracted at a rate more than double the rate during the worst pf the Carter recession crisis! -7.7 first quarter (revised) and -4.1 second quarter. Those numbers bely the unemployment numbers being manufactured by a BLS with zero credibility.
NOR are those algorithms being adjusted for the 40% excess deaths…among working age adults. Which would obviously impact EVERY BL:S number.
Most of the media are relatively honest in their depiction of themselves as a liberal rag. But when stalwarts like The Wall Street Journal fade into the abyss of propaganda, it leaves a sour taste. The pretense of being unbiased and reporting facts as journalistic has apparently died a slothful death.
While the recent firing of Brian Stelter from CNN is on the surface a shrug, there is another story beneath. In 2021, John Malone, a Trump supporter and libertarian bought Warner Media-Discovery which included CNN. Malone is now calling the shots – and his view is a return to the centrist journalist who reports news instead of elitist scripts read in tandem to the hundreds of other stations.
The Malone move should give Elon Musk faith that revamping is possible and Twitter could still be a shot if they ante up some actual business facts and truthisms. Obviously, the value of the stock is far less than its inflated gluttonous market price. That being said, the largest shareholders to ‘overcome’ include: Vanguard, Morgan Stanley and Blackrock. Noteworthy Cartels in their own right. Twitter shares are now poised at roughly $43. Rising with absolutely no news to support the rise. BOTS are coming out of the woodwork!
Perhaps Malone would be willing to coach Musk a bit – fatherly advice. A potentially interesting coup – only this time it will be the Elite Cartel that takes the hit.