Major appliance manufacturer beginning layoffs...

They will keep selling them new until there's a credit liquidity crunch ending the mortgages people essentially take out on the damn things to pay off over 20 years.

You have a great point there.

No, but they stopped buying the top end expensive ones. Which they still made at the GE plant in Lousiville.

no one said they stopped?? but they are going to cutback, if they were all still buying there would be no need for the layoffs, right?????

GE can make more money selling War hardware...

I've not seen a link corroborating any of this

I hate to say this, but you're just as guilty of hate and division with that racist comment and meme.

You could have handled this better.

+1

Yeah Small business and middle class has already taken a hit in the last 2 years...Now they are going for round 2 and it sad to see

If you are willing g to move you'll have. O problem getting a better paying job. Our factories are down to 60 percent staffed.

Need people like crazy.

Household CC debt is rising fast, forget where i read it from
but it's up like 800 billion since October/November.

Labor market is tight, if there are layoffs people will find jobs elsewhere, maybe not the jobs they want

$800B is total, not increase. It’s still below where it was in 2019.

If it's GE I'm surprised they kept it running this long. Doubt it is solely because of supply chain or collapse. They have been poorly run for years. I personally know of huge product lines of theirs that have been bought for a fraction of their revenue.

Not shocking.

Yes.And like Honda Subaru etc they chose to make their products here instead of shipping them a cross the Pacific ocean.Yes we have lost alot but that is more do to EPA regulations,insurance,workers comp,racial quotas etc.

Not all of us have the luxury of living in a tent in a park in SoCal.

And canuckistan is better off?

No, more than likely they are moving production out of the county to escape high ass taxes, you know it's just a matter of time before the dems raise then to astronomical levels.

Last Edited by Daggo on 03/13/2022 03:36 PM

[link to cnn.com (secure)]

household debt then but the highest since 2007, when i find the CC debt i will post it, if i have time.

It was supposed to split apart into 3 different companies.

[link to boston.cbslocal.com (secure)]

it should be.. "She's right you know"

They dont know how to make non-smart toasters anymore. Nobody will buy it without blue tooth

GE ?

Time to nuke New Zealand.

I’d trust LG over GE by far.

Seem to function better and last longer but in my experience LG stands by their warranty VERY WELL when pressed on it.

Uh,yeah many have.The stimmi money is long spent.Yeah there are jobs but they are low paying.I have seen very few Amazon,UPS,Fed EX trucks in my neighborhood since the holidays.Many of the tradesmen in my neighborhood who were working thru the pandemic are sitting home last couple months.The commuter train parking lots are still half empty.So that means 1000s have not returned to the office,sure many are working from home, downtown Chicago depends on those 10s of thousands of office workers to keep the restaurants stores bars etc in business and paying taxes.Half empty office buildings and hotels are all heavily taxed.The federal money is being squandered on useless bullshit.

I have some debt on CC's right now because I had so many 18 month zero interest offers come in the mail from 2020-21. Need to be paid off by September or they start charging me points.

I'm sure it's putins fault.... yep...

what clothes?



you mean deer skins?