The U.S. Chamber of Commerce published statistics last week that show there are 3 million fewer Americans working today than there were in February of 2020, before the "pandemic." They reported that the latest data shows that we have over 10 million job openings in the U.S. but only 5.7 million unemployed workers. They also reported that the labor force participation rate is 62.6% today, down from 63.3% in February 2020. That means there are 1.8 million missing workers today. What happened to all these missing workers? The Chamber of Commerce admits that "there’s not just one reason that workers are sitting out, but several factors have come together to cause the ongoing shortage." However, one of those reasons they did not consider or report about, were deaths and disabilities due to the Operation Warp Speed mass vaccination program of COVID-19 shots that began at the end of 2020, and were widely mandated as a condition for employment throughout 2021. Edward Dowd
I recently reported how America's faith in Artificial Intelligence (AI) is about to destroy the U.S. economy, as investors are pouring $BILLIONS into developing new AI software, which is projected to be a $1.59 TRILLION industry by 2030. And news continues to be reported on just how much of a fantasy this faith in AI, and technology in general, is, as we are being setup for perhaps the largest economical bubble to burst in the history of the U.S. Today, The Information confirmed one of the reasons I gave for a possible imminent collapse of the Tech sector based on this rush into AI: there aren't enough computers in the U.S. to run all of this new, power hungry, desire for these new AI toys that do NOT produce any revenue yet. "AI Developers Stymied by Server Shortage at AWS, Microsoft, Google - Startups and other companies trying to capitalize on the artificial intelligence boom sparked by OpenAI are running into a problem: They can’t find enough specialized computers