CNN Reports The Obvious: Consumers Pinching Pennies

March 10, 2008 at 12:15 pm 4 comments

Peak Oil Captain Obvious

Here is a Newsflash from Captain Obvious!

How are those Reagan-era economic policies working out for America? We could probably generate great revenues by taxing politicians’ prostitute activities, but since that will never happen, we are stuck with our economic meltdown. What’s so funny is how SMALL the government is making the text for their Mass Layoffs summary.

Gee, maybe if it’s small enough, no one will bother reading it!

Here are some highlights, including the 10 industries reporting the highest numbers of mass layoff claims:

1) Temporary help services
2) School and employee bus transportation
3) Automobile manufacturing
4) Professional employer organizations
5) Discount department stores
6) Light truck and utility vehicle manufacturing
7) Highway, street, and bridge construction
8) Motion picture and video production
9) Wood kitchen cabinet and countertop manufacturing
10) Farm labor contractors and crew leaders

It’s the Farm labor that throws me off kilter. Why are farm laborers being laid off? Don’t we have a food crisis? Are humans asking for too much with their already low wages for picking fruits and vegetables? What gives?

I can only wonder how long it will be until America’s laid off workforce are ready to take on some 1930’s Depression type jobs, desperate for anything that pays the bills.

I think we are getting there, especially since all the bottlenecks for more war have been removed.

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Entry filed under: Consumerism, Corporations, Economic Collapse, Profits. Tags: .

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4 Comments Add your own

  • 1. Steve Balogh  |  March 10, 2008 at 2:30 pm

    I just read today (where = ?) that industrial sized farms are beginning to use prison labor. That’s one way to keep margins up…

    Reply
  • 2. peakoilboy  |  March 10, 2008 at 2:46 pm

    Seriously?

    Well, that would make sense. If it takes 80 people to do the work of a single tractor, we certainly have plenty of prison labor ready-to-go.

    Think of all the fresh air they will be getting!

    It certainly doesn’t bode well for making it a profession that pays then, unless you own the land or the farm?

    And are family owned farms for or against this practice? I can understand Monsanto or others if they are using slave labor, but not small farms, unless they have to compete with FREE LABOR.

    Reply
  • 3. Winzat  |  March 11, 2008 at 2:35 am

    If the dollar falls far enough, you can swap veggies for other products. Spuds for a fixed engine, a fixed chair. Peppers for a new door. So on.

    Reply
  • 4. david  |  March 13, 2008 at 8:00 pm

    food shortage ??

    Canadian government is offering hog farmers money to cull sows. thus enabling the farming to exit the hog business. no sow, no piglets..

    http://www.cbc.ca/canada/manitoba/story/2008/02/27/hog-industry.html#skip300x250

    the local food banks want to get there hands on the meat, but red tape may stop that… gotta go to compost rather than consumption.

    haha

    Reply

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