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US companies have long been reliant on free flowing investment monies subsidized by the USG. Tightening those purse strings has reduced the level of jobs openin
by nis0s 9mo ago
US companies have long been reliant on free flowing investment monies subsidized by the USG. Tightening those purse strings has reduced the level of jobs openings, including tightening of SBIRs and other non-research grant programs that small to medium sized companies use. Small business loans are also tight or non-existent. So, of course jobs will be limited.
The macro-level economic policies really only affect large corporations, unless a business is impacted by the tariffs. In general, hiring is fucked by immigration visas in large companies, which are still going strong and sneaking around the anti-immigration barriers. In some way, hiring non-U.S. workers for work funded by the USG is unacceptable, and economic theft.
If USG opens up funding more, then things will normalize, including for immigrant or non-U.S. contract workers in other places. As always, it’s the economy that’s the problem, but which part of it is always hard to pin down when other parts of it make up for it.
- bakies 9mo agoThis is just Trump, not the USG as a whole. Congress approved a budget and Trump refuses to give the money out. People have to fight in court to get the money they're owed.
- nis0s 9mo agoData shows jobs have been in decline before Trump, likely related to reduced investments from high inflation and high interest rates. I guess I should add that part of opening up more funding includes managing other aspects so we don’t end up in the same economic environment post-2020.