Chapter
The Future of Low Cost Labor in the United States
43:34 - 47:02 (03:28)
The low cost model of consumerism in the United States may be coming to an end, as labor shortages continue and automation becomes more prevalent in the sector.
Clips
The low cost model of consumerism in the United States may be coming to an end, or it will accelerate the implementation of automation across that sector of the economy prompting businesses like Taco Bell to make decisions about their pricing strategies.
43:34 - 45:25 (01:51)
Summary
The low cost model of consumerism in the United States may be coming to an end, or it will accelerate the implementation of automation across that sector of the economy prompting businesses like Taco Bell to make decisions about their pricing strategies.
ChapterThe Future of Low Cost Labor in the United States
EpisodeE58: November's CPI, preparing for a downturn, macro outlook, Better.com's botched layoffs & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker argues that if Sen. Joe Manchin were to kill the Build Back Better plan, it would allow the economy to take off and avoid the need for the Fed to raise rates aggressively next year, resulting in a more gradual return to normalcy.
45:25 - 47:02 (01:37)
Summary
The speaker argues that if Sen. Joe Manchin were to kill the Build Back Better plan, it would allow the economy to take off and avoid the need for the Fed to raise rates aggressively next year, resulting in a more gradual return to normalcy. Additionally, the speaker suggests that people returning to work may not want to go back to their old jobs.