This page has been archived and commenting is disabled.

Since 2007 The US Has Lost 1.4 Million Manufacturers, Gained 1.4 Million Waiters And Bartenders

Tyler Durden's picture




 

Presented without comment.

* December 2007 is when, according to the NBER, the recession started. The same recession which also according to the NBER ended precisely 6 years ago.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 07/02/2015 - 10:39 | 6262135 rubiconsolutions
rubiconsolutions's picture

Sounds like employment is a zero sum game.

Thu, 07/02/2015 - 10:43 | 6262160 slaughterer
slaughterer's picture

Its all about getting your McNuggets.  Not about making em.   https://www.youtube.com/watch?v=TywqT6OeVaQ   

Thu, 07/02/2015 - 10:51 | 6262190 Dr. Engali
Dr. Engali's picture

That's fucked up. She is a good example of why we cn't have nice things in this country.

Thu, 07/02/2015 - 10:58 | 6262226 VinceFostersGhost
VinceFostersGhost's picture

 

 

She voted for Obama.....twice.....and that was before the polls even opened.

Thu, 07/02/2015 - 11:12 | 6262300 corporatewhore
corporatewhore's picture

and will be voting for HRH Hillary

Thu, 07/02/2015 - 11:18 | 6262334 Stuck on Zero
Stuck on Zero's picture

Memo from the President's desk: "Please change the job classification of waiters to 'transport manufacturing' and of bartenders to 'chemical engineers.'

 

Thu, 07/02/2015 - 11:47 | 6262469 Herd Redirectio...
Herd Redirection Committee's picture

Being a young man, I have never MET ANYONE who works or worked in  a factory.

How fucked is that?

Thu, 07/02/2015 - 13:43 | 6262927 asteroids
asteroids's picture

If you think about this, for even a few seconds, your bullshit meter goes off scale.

Thu, 07/02/2015 - 11:24 | 6262364 Ignatius
Ignatius's picture

Jobs off-shoring is a bi-partisan, treasoness act.

Thu, 07/02/2015 - 10:48 | 6262179 nakki
nakki's picture

Sounds like made up, make believe numbers. Well at least "we're" fabricating something in the country.

Thu, 07/02/2015 - 12:52 | 6262700 ali-ali-al-qomfri
ali-ali-al-qomfri's picture

Million Dinar Bonus

This is just as planned and no one saw it coming? Balderdash. Eat drink and be merry, doesn’t happen on the manufacturing floor. Entrepreneurialism happens on the back of a napkin (get it restaurant/bar) not on shop towel. Any creative society has intelligent leisure time to contemplate the next steps of growth and diversity. Why just look to China’s latest stock movements. You people need to limber up and get out there and spend this 4th of July, and show the world just how the recovery is taking hold.

MDB-sort of

Thu, 07/02/2015 - 10:40 | 6262140 Lady Jessica
Lady Jessica's picture

"USA manufacturers".  LOL.

Thu, 07/02/2015 - 10:42 | 6262150 Winston Churchill
Winston Churchill's picture

Drone manufacturing and delivery is exploding.

Thu, 07/02/2015 - 11:08 | 6262278 Government need...
Government needs you to pay taxes's picture

I hear there is a LOT of new work in .gov internet comment-board monitoring.  I figure I'll sign up to monitor ZH commenters.  Might as well get paid to do what I love!  

Thu, 07/02/2015 - 10:51 | 6262191 L Bean
L Bean's picture

drone circuit boards n such.

Thu, 07/02/2015 - 10:40 | 6262142 dexter_morgan
dexter_morgan's picture

starting to sound like cold war era Russia around here.....hoist the vodka comrade

Thu, 07/02/2015 - 10:44 | 6262164 KnuckleDragger-X
KnuckleDragger-X's picture

Yep, and we even have Pravda on several channels telling how wonderful things actually are. I can hardly wait for the bread lines to start forming.....

Thu, 07/02/2015 - 10:53 | 6262199 TeamDepends
TeamDepends's picture

They started years ago in the form of EBT cards, SNAP, etc.

Thu, 07/02/2015 - 12:26 | 6262617 KnuckleDragger-X
KnuckleDragger-X's picture

When they are standing in line for hours like in Venezuela then I'll agree, but the free shit army will riot the second they fail to achieve instant gratification......

Thu, 07/02/2015 - 10:41 | 6262146 Dr. Engali
Dr. Engali's picture

I'll drink to that. 

Thu, 07/02/2015 - 10:43 | 6262159 Winston Churchill
Winston Churchill's picture

Its after sunup somewhere.

Thu, 07/02/2015 - 10:42 | 6262151 Kina
Kina's picture

so Americans have stoped making and started eating and drinking.

Thu, 07/02/2015 - 10:52 | 6262193 pods
pods's picture

Wait till we start eating each other.

#Longpig

Thu, 07/02/2015 - 10:57 | 6262224 SoilMyselfRotten
SoilMyselfRotten's picture

Range fed Vegans should be a good option

Thu, 07/02/2015 - 10:42 | 6262152 youngman
youngman's picture

Sounds like our bar stool manufacturers are doing great....and I am for sure drinking more than in 2007

Thu, 07/02/2015 - 10:42 | 6262153 Temporalist
Temporalist's picture

Bartenders manufacture drinks.  They will be switched to the other side of the chart by the Ministry of Truth. 

“War is peace. Freedom is slavery.  Ignorance is strength.”
Thu, 07/02/2015 - 11:09 | 6262284 Government need...
Government needs you to pay taxes's picture

Hey, watering down a drink is real EVA (economic value added).  Add a titty-jiggle and a smile, and for many, instant JIMP.

https://www.youtube.com/watch?v=VLnWf1sQkjY

Thu, 07/02/2015 - 10:43 | 6262156 pupton
pupton's picture

Ahhh, the "new economy"...

"Tonight, after a breakthrough year for America, our economy is growing and creating jobs at the fastest pace since 1999."  B. Hussien Obama, SOTU Address Jan 2015.

https://www.whitehouse.gov/the-press-office/2015/01/20/remarks-president...

 

 

Thu, 07/02/2015 - 10:43 | 6262161 VWAndy
VWAndy's picture

 Believe it or not this is what some call progress.

Thu, 07/02/2015 - 10:46 | 6262169 KnuckleDragger-X
KnuckleDragger-X's picture

This is progress, but they don't say in which direction.....

Thu, 07/02/2015 - 10:45 | 6262167 Dominus Ludificatio
Dominus Ludificatio's picture

They are also highly educated waiters and bartenders.

Thu, 07/02/2015 - 10:59 | 6262234 Soul Glow
Soul Glow's picture

If you consider Art History majors highly educated.

Thu, 07/02/2015 - 10:47 | 6262170 Herdee
Herdee's picture

The new WalMart,McDonald's economy,great paying jobs and an excellent future.

Thu, 07/02/2015 - 10:47 | 6262172 Berspankme
Berspankme's picture

I made $504K in 2008. I made $16K in 2014

Thu, 07/02/2015 - 10:49 | 6262180 BeaverCream
BeaverCream's picture

Even if you average that out you're still in the 1%.

Thu, 07/02/2015 - 11:02 | 6262246 agstacks
agstacks's picture

Did you at least get to enjoy some of that "Earned Income Tax" refund action? 

Thu, 07/02/2015 - 10:48 | 6262175 BeaverCream
BeaverCream's picture

This is good, I was always told growing up that if you don't want to work in a factory I had to go to college, so I did.  Now I have a great job working with people, serving them drinks...it really worked out for me!

Thu, 07/02/2015 - 11:07 | 6262275 large_wooden_badger
large_wooden_badger's picture

And where are those people working, in factories?

Thu, 07/02/2015 - 11:14 | 6262313 Government need...
Government needs you to pay taxes's picture

Down @ my bar, we accept EBT, even for 'services' with our broads.  Come check our .38 specials while you get your drink on and your rocks off!

Thu, 07/02/2015 - 10:50 | 6262187 fowlerja
fowlerja's picture

I wake up every morning with a "bloody mary".. I meant I make and serve a "bloody mary"...

Thu, 07/02/2015 - 10:52 | 6262197 Ex Cathedra
Ex Cathedra's picture

Res ipsa loquitur.

Thu, 07/02/2015 - 10:54 | 6262203 Soul Glow
Soul Glow's picture

Hipsters are celebrating everywhere.

Thu, 07/02/2015 - 10:56 | 6262211 Atlantis Consigliore
Atlantis Consigliore's picture

Millenials, go wipe your asses with your $ 60,000 debt, Sheepskin;  and vote for da crooks:  Sheeple;  

buy more on line;  and cut the tips to 5%; STARVE THE GOVT AND LIBTARDS OUT.

62% Participation? push it to 75%...dont spend save... 

Thu, 07/02/2015 - 10:57 | 6262221 The Magus
The Magus's picture

I don't believe it. Such an increase in people employed in these areas would mean an astounding increase in the number of bars and restaurants.

Fake

Thu, 07/02/2015 - 11:03 | 6262248 VWAndy
VWAndy's picture

In 1970 in LA CA we built the SR71 Blackbird the Comaro and all the best movies. Most all of that is gone or just a shadow of what it once was. We build prisons.

 Thanks

Thu, 07/02/2015 - 11:09 | 6262282 A revolution lost
A revolution lost's picture

To house illegal immigrants that have committed illegal acts other than entering the country illegally.

Thu, 07/02/2015 - 11:13 | 6262304 Government need...
Government needs you to pay taxes's picture

CA is still number 1 in porn production!!!

Thu, 07/02/2015 - 11:49 | 6262482 VWAndy
VWAndy's picture

Thats been heading to Vegas as we speak. Id give it another year maybe two.

Thu, 07/02/2015 - 11:51 | 6262498 Herd Redirectio...
Herd Redirection Committee's picture

We're all whores now.

At least, that is TPTB's intent.

They start the girls young, "web cam modelling"...

Thu, 07/02/2015 - 11:05 | 6262263 large_wooden_badger
large_wooden_badger's picture

Someone just made me a corned beef reuben and a long island ice tea.

Who says we don't make anything in this country anymore?

Thu, 07/02/2015 - 11:18 | 6262329 _SILENCER
_SILENCER's picture

I have no college degree, never wanted one, but I get to blow up spaceships for a living.

Luckily, we're still in CA. (yes I know how fucked up Cali is, believe me)

Most of our visual effects jobs have fled to Canada or overseas, under the guise of "tax breaks".

I'm just stacking and saving outside of the banking system while I'm still able to do so, watching clueless kids wander by with their faces firmly planted in their cellphones. They don't even think of having their head in the clouds anymore. They will get eaten by feral negroes if things go shithouse.

Make ready for what's to come.

Thu, 07/02/2015 - 11:53 | 6262511 Herd Redirectio...
Herd Redirection Committee's picture

The other day I saw three decently attractive women , all crossing the street, all with their face tucked into their 'smart phone'!  Instant write-off.

Thu, 07/02/2015 - 11:26 | 6262376 mendigo
mendigo's picture

We can only hope they are jerking-off in the banker guacamole.

Thu, 07/02/2015 - 11:37 | 6262425 Chuck Knoblauch
Chuck Knoblauch's picture

Plan to destroy US sovereignty decades old.

It will happen, but not easily.

Thu, 07/02/2015 - 12:09 | 6262545 MagicMoney
MagicMoney's picture

we need less US soverienty, maybe less wars and stuff you know.

Thu, 07/02/2015 - 11:49 | 6262485 andrewbb
andrewbb's picture

Trickle-down economics.  The rich bought yachts and mansions and needed more service staff.

 

As robots continue to replace jobs, this will continue.  Pretty soon we'll be taking turns bartending to each other.

Thu, 07/02/2015 - 12:14 | 6262553 MagicMoney
MagicMoney's picture

Yes and trickle up economics has proven to work. Robots taking over is fine, they improve productivity. A economy is about production, not about jobs. China is a manufacturing economy. Americans don't want to do manufacturing jobs. They are over educated in useless stuff and expensive. Productive jobs is not just about wages paid, it's about supplying the economy in volume, while reducing prices. This is what increases real wages. Productive jobs don't simply reward people with wages, they reward people with cheap products. If you seen how much machinery is involved in production, you wouldn't be saying such nonsense about robots removing jobs. Robots just remove the hard work, while humans focus on other types of jobs.

Thu, 07/02/2015 - 11:51 | 6262497 Grouchy Marx
Grouchy Marx's picture

Remember in ancient times, where American children were taught in schools about the "Indians" accepting $25 or so of beads for the island of Manhattan. The children thought the Indians were foolish traders.

Americans today have traded what was the best country in the world for trinkets made in China. Methinks the Indians got a better deal. Maybe they had an idea of what Manhattan would become.

Anyone think the Indians would take back Wall Street for those beads, if they still have them around somewhere? I'd be willing to throw in the District of Columbia and Detroit also.

Thu, 07/02/2015 - 11:55 | 6262517 Herd Redirectio...
Herd Redirection Committee's picture

The Indians also operated on the principle of fairness, in that, if you changed your mind, the other party was supposed to offer you the same, or similar, terms to what you offered them initially.  We now call this "indian giving".

Thu, 07/02/2015 - 12:17 | 6262577 roadhazard
roadhazard's picture

1.4 mil waiters and bartenders. I gess that means that now it's a party.

Thu, 07/02/2015 - 12:20 | 6262587 farflungstar
farflungstar's picture

As long as jobs added to the economy are not scrutinized too closely, it's all good in da hood for Obama and his parrots. 

Speaking of da hood, one thing I don't see too much of is black waiters and bartenders.

Thu, 07/02/2015 - 14:22 | 6263124 Digmen1
Digmen1's picture

Thats because they are all earning more money as basketball stars and porn stars.

Thu, 07/02/2015 - 12:29 | 6262624 John Law Lives
John Law Lives's picture

I supopse Mr. Yellen might argue that those bartenders are "manufacturing" mixed drinks and the waiters are "manufacturing" pleasurable dining experiences.  Problem solved!

FUBAR. 

Thu, 07/02/2015 - 13:25 | 6262853 Hope Copy
Hope Copy's picture

"

Gained 1.4 Million Waiters And Bartenders"  = gain for DUI attorneys and treatment centers.
Do NOT follow this link or you will be banned from the site!