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thespandrell's profile
Spandrell
Spandrell
Spandrell
@thespandrell

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Spandrell

@thespandrell

Sinologist and historian, writing at Bloody Shovel. Discoverer of IQ Shredders and Bioleninism.

Joined November 2017

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    1. Pro Bot Washer‏ @ProBotWasher Aug 23

      Pro Bot Washer Retweeted Spandrell

      In America, Boomers retiring will allow for promotions but even better, firms finally hiring 2 Millenials at 40K for entry level job head count allotment that an 80K Boomer was costing the firm.https://twitter.com/thespandrell/status/1032566008517521408 …

      Pro Bot Washer added,

      Spandrell @thespandrell
      The key turning point is Boomers retiring. That basically blocks any path to economic growth. It's over, everywhere. https://twitter.com/nerysinchina/status/1032563546654236673 …
      1 reply 1 retweet 0 likes
      Show this thread
    2. Pro Bot Washer‏ @ProBotWasher Aug 23

      I don’t know how much knowledge @thespandrell has of the US labor market but firms have no replacements for skilled Boomers due to mothballing training programs to cut costs. Boomers kept getting raises and sucking in labor $. Training was ended & no slack allowed for entry level

      2 replies 0 retweets 0 likes
      Show this thread
    3. Spandrell‏ @thespandrell Aug 23
      Replying to @ProBotWasher

      Individual companies may be relieved, but Boomers sucking up pensions and Healthcare from the wider economy will bankrupt everyone. That's the experience of Japan.

      1 reply 0 retweets 2 likes
    4. Mr. Deplorable‏ @Ponzi1945 Aug 23
      Replying to @thespandrell @ProBotWasher

      I'm confident that those benefits will be cut as demographics change

      1 reply 0 retweets 1 like
      Spandrell‏ @thespandrell Aug 23
      Replying to @Ponzi1945 @ProBotWasher

      Not enough, not fast enough.

      7:03 AM - 23 Aug 2018
      0 replies 0 retweets 0 likes

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