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Re: Black Monday?
[Re: Donnersurvivor]
#8622044
9 hours ago
9 hours ago
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Joined: Dec 2010
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Armpit, ak
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You should have entered the workforce in the rust belt during the late seventies early eighties. Had to move to Texas to find a job. Americans don't see hard times anymore due to QE and Government endless borrowing to kill recessions. BTW I believe most of the country is still experiencing a labor shortage?
I graduated 2008, it was not a picnic. I had to travel to work, ND, SD, Iowa, Montana, Etc, been there, climbed windtowers in all of em. About that labor shortage... Yes everyone needs workers but lets use local dairy's for an example. Myself and my friends all worked on dairy farms as teens, many of us wanted to farm, there was no way to work to ownership because the dairy's have grown to 5,000-20,000 cows using Mexican labor, we were all forced to go find different careers and a few of us made enough to buy our way back into farming. Now I see those large Dairy farms complaining about immigration crackdowns scaring their workforce off and how "no one wants to work anymore" milking someone else's cows for $18 a hour. When you take away the path to ownership suddenly you need slav... "immigrant" labor again. I've done fine for myself, I don't have a playstation and I don't live in my moms basement. That said I can see why some are struggling and I think its naive to dismiss it all as laziness or "avocado toast". 2008 was one year. Stagflation in the 70's and 80's was close to a decade. I lived through both, I believe the early non Qe fixed one was much worse. Dairy farmers probably did o k back then with all the government price supports.
Who is John Galt?
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Re: Black Monday?
[Re: Savell]
#8622053
6 hours ago
6 hours ago
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Joined: May 2011
Oakland, MS
yotetrapper30
OP
trapper
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OP
trapper
Joined: May 2011
Oakland, MS
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When I was a kid there was a bunch of 160 to 500 acre dairy farms, some larger 1,000 acre farms. Most milked between 30 and 200 cows. It's gotten to the point now that one large farm employing a bunch of Mexicans milks 20,000+ cows and has to rent or buy every acre that comes up for sale in a 30 mile radius.
The opportunities to farm were swallowed up by pencil pushers employing illegals. Now we have Mexicans living in trailers instead of a bunch of small family farms and we all wonder why "kids don't want to work anymore", kids ain't learning how to work because they don't have farms to work on, mowing the lawn and taking out the trash ain't cutting it for the next generation.
… you’re wasting your time … she’ll just say they should start their own company or something lol LOL Savell, you obviously didn't listen to anything I said. I told you I was not a fan of importing menial laborers just because they work cheaper. I saw the same thing happen in western NY decades before it happened in donner's neck of the woods. But I am still confused on how people were able to work their way up to OWNING the farm.....
Proud Leader of Moosetrot's Squad
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Re: Black Monday?
[Re: yotetrapper30]
#8622099
3 hours ago
3 hours ago
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Joined: Jan 2018
MN
Donnersurvivor
trapper
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trapper
Joined: Jan 2018
MN
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Yes, generational farms that were bankrupted by cheap labor on massive farms. It was also realistic to make a living with 30 cows on a 160, a guy could buy into that and make it work. That's pretty much gone, all the rural families along with it
Chief of staff @ Mensa Tree division/vison officer
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Re: Black Monday?
[Re: yotetrapper30]
#8622110
2 hours ago
2 hours ago
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Joined: Dec 2008
Eastern Shore of Maryland
HobbieTrapper
"Chippendale Trapper"
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"Chippendale Trapper"
Joined: Dec 2008
Eastern Shore of Maryland
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A lot of the things pointed out by others are exactly what our youngest and his fiancée are utilizing. They both have chosen a field that is pretty secure. They are moving away from the area to make the money necessary to start a family. The world is still an oyster, opening it depends on the tools you obtained.
-Goofy
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Re: Black Monday?
[Re: white17]
#8622130
1 hour ago
1 hour ago
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Joined: May 2010
MN
Steven 49er
trapper
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trapper
Joined: May 2010
MN
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You are right Dirt. The jobs report from yesterday included numbers from April's JOLTS survey. It showed that in April there were 731,000 NEW job openings unfilled. Most of those in professional and service related work Does anybody actually believe a job report anymore?
"Gold is money, everything else is just credit" JP Morgan
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Re: Black Monday?
[Re: HobbieTrapper]
#8622132
1 hour ago
1 hour ago
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Joined: May 2010
MN
Steven 49er
trapper
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trapper
Joined: May 2010
MN
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A lot of the things pointed out by others are exactly what our youngest and his fiancée are utilizing. They both have chosen a field that is pretty secure. They are moving away from the area to make the money necessary to start a family. The world is still an oyster, opening it depends on the tools you obtained. If you don't mind my asking what career field is your youngest employed in. In my opinion, if AI stays on its current track nothing is secure to a degree.
"Gold is money, everything else is just credit" JP Morgan
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Re: Black Monday?
[Re: Steven 49er]
#8622141
1 hour ago
1 hour ago
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Joined: Dec 2008
Eastern Shore of Maryland
HobbieTrapper
"Chippendale Trapper"
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"Chippendale Trapper"
Joined: Dec 2008
Eastern Shore of Maryland
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A lot of the things pointed out by others are exactly what our youngest and his fiancée are utilizing. They both have chosen a field that is pretty secure. They are moving away from the area to make the money necessary to start a family. The world is still an oyster, opening it depends on the tools you obtained. If you don't mind my asking what career field is your youngest employed in. In my opinion, if AI stays on its current track nothing is secure to a degree. His degree is in computer science. He is currently writing programs for a local company…..and yes, that includes at times the use of ai……which he enjoys finding the flaws in it. lol
-Goofy
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Re: Black Monday?
[Re: Donnersurvivor]
#8622151
52 minutes ago
52 minutes ago
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Joined: Jan 2019
North central Iowa
Bob_Iowa
trapper
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trapper
Joined: Jan 2019
North central Iowa
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Yote30. Not wanting to speak for Donner, but I believe what he is referring to is generational farms. Where the farm was passed from Father to another family member. Was not that long ago that a family could do ok 50 cows and a couple hundred acres. However once the bigger operations start growing it becomes a domino effect, and they need to get bigger and bigger. At a certain point they get to be so big that they have no competition. Real hard for a younger person to try to compete, and get started. Younger guy needs to "borrow " to even get started, and big operator needs to "spend" so he doesn't have to pay taxes. G.
Yes, generational farms that were bankrupted by cheap labor on massive farms. It was also realistic to make a living with 30 cows on a 160, a guy could buy into that and make it work. That's pretty much gone, all the rural families along with it Two really good quotes also right now in the ag world lending money is almost non existent, I’ve just gone through this situation, banks in the ag world are hurting which makes things harder.
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