It is the proper setting, work to live is now no longer added by live to work but live to enjoy and it is setting a different coil in the US. With 28,000 jobs gone, the Guardian (at https://www.theguardian.com/business/2022/mar/24/us-unemployment-lowest-level-since-1969) reports ‘US jobless claims fall to lowest level since 1969 as states float rebate checks’, it is a good step for the us, you see as jobless claims fall to such low levels, there is an option to actually reduce debt, one millimetre at a time and there are yards to go, so it will take some time. If only the tax laws were overhauled it might become centimetres at a time, but all administrations had found excuse after excuse why not to do that and it will take decades to get a chunk out of the $30,000,000,000,000 debt. You still think that overhauling US tax laws is not essential?
But that is the bad news, for now this administration can report that “Jobless claims fell by 28,000 to 187,000 for the week ending 19 March, the lowest since September of 1969,” and with all the bad news, that is one piece of good news that they can really use. On the other hand, as the IT structures change it might be a short lived gain. I am not stating that this good news will follow bad news, but as I see it over the next 18 months Microsoft will be in serious problems on three areas, it will force to lay off staff, on the other hand these people will be able to get a job almost immediately with IBM, Google, and Amazon. And with the laster changing station it will push revenues to new heights in several places (except Microsoft that is). And with the news ‘Amazon to create over 1,000 jobs with first logistics hub in Turkey’ Amazon sets another foundation, the first of three new cluster allowing them to gain even more revenue in 2023/2024. It will also work towards those 50,000,000 additional consoles and that is merely the start for Amazon and the beginning of much larger losses for Microsoft. Too bad they already handed over the $87,000,000,000 they could have used it to invest in innovative products, oh wait. That was what they wanted to do, what a shame they walked into the wrong direction and when you see that and realise the news (three days ago) gives us ‘Amazon further accelerates investment in Egypt, creates 2,000 new jobs’ the second of three clusters is set and the last two (the fourth is optional but decently essential) Amazon has taken steps to push Microsoft out of the gaming world (well, the most powerful console in the world becomes obsolete before it could shine), but the Nintendo Switch shines a little brighter than Microsoft, the least powerful nextgen console in the world defeated the most powerful one and soon a bookstore (read: Amazon) will add to the defeat of Microsoft and push it to fourth position after that the sliding scale will go a lot faster. The only crunch is that I would prefer that Amazon buys my IP before they can work out what was missing. (I am not greedy, merely hungry for a nice retirement) So soon we will see all the steps Microsoft missed and whilst they could have been going back to the n top position, their delusional side would not allow for it, their Azure and lack on several fronts got them here and should Adobe get involved. The fourth loss for Microsoft would be close to disastrous, but I already wrote about that and even as we see all the news, we also see that Amazon is getting ready to push back and they will push harder and more successful and too many will see Microsoft bleeding, after that the game of spin is on and spin only works if the people are willing to believe you and that group is shrinking rapidly. Yet it also reflects back on the 187,000 unemployed. For now there is no issue. As the Microsoft employees see the hard setting they face, they will all move to the other three, optionally places like Oracle and a few other places that will need people and the rush will start. In the end I do not know where the numbers end, but at present there is no negativity to be expected (if you aren’t Microsoft), and that starts a whole new stage. Even if we are alerted to the fact that unemployment is the lowest since 1969, the US will soon face a new challenge, a workers shortage and that is the larger station that follows, it will drive incomes up by a lot and even as the hungry sharks will focus on the Microsoft cadaver, it will not be enough and commerce needs the influx. Where it will come from? Your guess is as good as mine and beyond all this there is still China to consider. It too needs tech people, where they will come from? I honestly do not know, but there is every chance that some will come from the US. So whilst some will Ive to enjoy some will see an option to fill there pockets so that they can retire a few years earlier and enjoy more and longer. Which will drive up worker shortage even more and push the limits further, so when you see another ‘positive Microsoft story’ wonder where it comes from and what else is out there. At present Amazon is in place to push Microsoft down the hill straight into the basement only one tier remains missing (for now) and that will set the larger gains for Amazon.
Amazon apparently is ready works to live and lives to become a ruler on more than one hill.
Lawrence van Rijn - Law Lord to be 