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Jobs are not coming back. Globalization will continue to reshape our economy. What we are seeing is long term high unemployment, financial struggles for both the newly wed and the nearly dead, virtual globalization, labor market flooding by globalism, and new born populations largely in poverty.
We might get to that day when the majority of Americans are sick and tired of the struggles and prefer socialism. This is not going to be Scandinavian socialism. American socialism will be mediocre and crappy. It will encourage people to have more children and gain everything by doing nothing. People who are well to do, who have specialized skills, and who support a libertine economy will be in the minority as more Americans can't make it to the well to do class. Once we reach that tipping point, we may never become a free society again. We will then see money fleeing America, making it harder to find money to pay for everything people want.
Socialism is a political "solution" to economic problems that must be solved economically.
Jobs are not coming back. Globalization will continue to reshape our economy. What we are seeing is long term high unemployment, financial struggles for both the newly wed and the nearly dead, virtual globalization, labor market flooding by globalism, and new born populations largely in poverty.
We might get to that day when the majority of Americans are sick and tired of the struggles and prefer socialism. This is not going to be Scandinavian socialism. American socialism will be mediocre and crappy. It will encourage people to have more children and gain everything by doing nothing. People who are well to do, who have specialized skills, and who support a libertine economy will be in the minority as more Americans can't make it to the well to do class. Once we reach that tipping point, we may never become a free society again. We will then see money fleeing America, making it harder to find money to pay for everything people want.
Socialism is a political "solution" to economic problems that must be solved economically.
ROTFLMO!!!! I love it! You admit that the "libertine economy" you worship has failed 95% of Americans but you still cheerlead for it!!!
To what "libertine economy" will all this money "fleeing America" go, exactly?
ROTFLMO!!!! I love it! You admit that the "libertine economy" you worship has failed 95% of Americans but you still cheerlead for it!!!
To what "libertine economy" will all this money "fleeing America" go, exactly?
We aren't a libertine economy per se. And socialism isn't the answer anyway. Plenty of countries want wealth and wealthy individuals. In fact we are now looking for ways to attract wealth to come to this country. We need them to buy real estate, send students to our universities, shop and spend in our consumer economy. We simply can't afford to be hostile to wealth. We are a service economy and many things our young people learn to do are for personal luxury services.
We should also attract more highly skilled immigrants to build enterprises here and create jobs. A steady flow of immigrants and new comers will help create an atmosphere of work ethic as immigrants work harder. We need a lot more of them. It will also keep the labor market competitive to prevent it from going into socialism.
Last edited by Costaexpress; 04-26-2014 at 05:38 PM..
We aren't a libertine economy per se. And socialism isn't the answer anyway. Plenty of countries want wealth and wealthy individuals. In fact we are now looking for ways to attract wealth to come to this country. We need them to buy real estate, send students to our universities, shop and spend in our consumer economy.
So we need people to bring their wealth (which was earned elsewhere) to this country because our current economic system is no longer "spreading the wealth"? Why would anybody want to walk into a system like that, where it is difficult to secure your fortune? We have no problem attracting 3rd worlders with our low paying jobs and government handouts galore. The sad thing is, when these third worlders jump to the front of the line, it means we have fewer opportunities to go around for the honest immigrants who really could contribute something meaningful to the system.
At this point, there are many things going wrong with our nation's economic model. If I were living in another 1st world nation, I think this would be one of the last countries I would be looking to immigrant to. I have no intention of leaving this land, largely because I have always done alright for myself. More and more though, it seems like the fruit of my labor is always going to someone else, leaving me with less and less. Socialism is not the answer though. In fact, that would only make things worse for the working class. Of course, we know from history that the leisure class always wins, no matter what economic system the people adopt.
So we need people to bring their wealth (which was earned elsewhere) to this country because our current economic system is no longer "spreading the wealth"? Why would anybody want to walk into a system like that, where it is difficult to secure your fortune? We have no problem attracting 3rd worlders with our low paying jobs and government handouts galore. The sad thing is, when these third worlders jump to the front of the line, it means we have fewer opportunities to go around for the honest immigrants who really could contribute something meaningful to the system.
At this point, there are many things going wrong with our nation's economic model. If I were living in another 1st world nation, I think this would be one of the last countries I would be looking to immigrant to. I have no intention of leaving this land, largely because I have always done alright for myself. More and more though, it seems like the fruit of my labor is always going to someone else, leaving me with less and less. Socialism is not the answer though. In fact, that would only make things worse for the working class. Of course, we know from history that the leisure class always wins, no matter what economic system the people adopt.
There are two leisure classes in America today: the super rich and the super poor who choose not to work. I never said that wealth would love to come here. But we should at least try to attract wealth. With our increasingly socialist policies, we are not going to be able to attract wealth. Then what?
I think we can attract many from the third world. Affluent Asians are coming here and spending money here.
Handing out things to undocumented immigrants is progressives' policy. If that policy hurts this society, then people need to speak up and wake up progressives.
I agree with your point that the fruit of your labor is going to someone else. Unfortunately it'll probably be more so in the coming years. I don't know how much you make. But I think socialism is going to be terrible for those making between $60k and $150000.
There are two leisure classes in America today: the super rich and the super poor who choose not to work. I never said that wealth would love to come here. But we should at least try to attract wealth. With our increasingly socialist policies, we are not going to be able to attract wealth. Then what?
I think we can attract many from the third world. Affluent Asians are coming here and spending money here.
Handing out things to undocumented immigrants is progressives' policy. If that policy hurts this society, then people need to speak up and wake up progressives.
I agree with your point that the fruit of your labor is going to someone else. Unfortunately it'll probably be more so in the coming years. I don't know how much you make. But I think socialism is going to be terrible for those making between $60k and $150000.
Again, another nonsensical post that pushes the typical RW Tea Partyer anti-poor, anti-immigrant political agenda cloaked in economic terms.
Half of all American households make less than $50k a year, and it's not because they "refuse" to work. It's because so many American businesses don't pay their workers decent wages, and fools like you applaud them doing so as long as you get yours. I have no doubt that you're not a supporter of unions or workers' rights or the minimum wage. So, cry me a river that the government has to pick up the slack and that people making twice the median income or more will have to pay more in taxes.
You don't like it, move to one of your "libertine economy" paradises ... which you never did name even one BTW.
Again, another nonsensical post that pushes the typical RW Tea Partyer anti-poor, anti-immigrant political agenda cloaked in economic terms.
Half of all American households make less than $50k a year, and it's not because they "refuse" to work. It's because so many American businesses don't pay their workers decent wages, and fools like you applaud them doing so as long as you get yours. I have no doubt that you're not a supporter of unions or workers' rights or the minimum wage. So, cry me a river that the government has to pick up the slack and that people making twice the median income or more will have to pay more in taxes.
You don't like it, move to one of your "libertine economy" paradises ... which you never did name even one BTW.
You clearly don't read my post. You creat a straw man that's easy to refute.
Where do you see "anti immigration"? Immigrants mean much more to America than Americans would like to acknowledge. Affluent individuals invest and spend in this consumer economy. They are the reason lots of American service sector jobs are afloat. They have more money,skills, knowledge than most Americans. Tables have turned. Don't talk to them like they are refugees. They are doing a favor to America and people don't appreciate enough. Then there are also skilled immigrants who are the backbone of our high tech industry, who fill our shortage of STEM workers. There are working class immigrants who fill positions Americans arrogantly walk away from. Our workforce needs more hard working immigrants who are willing and able to do what's necessary to improve their lives.
There are lots of jobs. Americans don't want them because Americans see these jobs "below" them. I say, get rid of their sense of entitlement, then maybe employers would look at them seriously. Your spoiled college kids need a lesson.
And what exactly do you mean by businesses not paying decent wages? How self centered. Wages are determined by how well a business is doing, how many people seek a job, etc. We do have labor surplus all over the place, and that won't change in the next several decades. You just care about your "decent wage" which you never define, climb on the backs of other people with an inflated sense of self righteousness. Businesses exist for you and your decent wage! This is precisely why so many businesses have given up on this country
Half of all American households make less than $50k a year, and it's not because they "refuse" to work. It's because so many American businesses don't pay their workers decent wages, and fools like you applaud them doing so as long as you get yours. I have no doubt that you're not a supporter of unions or workers' rights or the minimum wage. So, cry me a river that the government has to pick up the slack and that people making twice the median income or more will have to pay more in taxes.
A lot of jobs, are not worth $50,000 a year to an employer. If everyone was paid $50,000 per year or more, all it would do is greatly increase the cost of goods and services, and the country would be right back to the wage to cost of goods and services relationship it is now. Costs of goods and services, would have raised to cover the higher costs of doing business.
Much of the country, has a strong economy and low unemployment. Those areas are doing great. Here is a list of all metro areas in the U.S. showing their unemployment rates.
In our area of Montana, everywhere you look, businesses have Help Wanted signs, looking for people who want to work. Our local McDonald's has had help wanted signs out offering $14 an hour wages to start as an example, and they almost always have their help wanted sign out. Drive into Billings, Montana's largest city, and you see help wanted signs out from fast food restaurants, to nearly all types of businesses including manufacturing.
It just depends on what part of the U.S. you live, as to having jobs to fill, or a surplus of employable people. It depends on the part of the country you live in, as to what the wages are. It depends on the part of the country you live in, as to what salary would give you the ability to live well or poorly, due to the cost of living.
Costs of living are so variable in the country, that what will be a good income in one area of the country, will be low income in another.
One big problem is, some areas of the country with high cost of living, pay the least for lower paid workers due to the surplus of labor in the area to draw from. Tighter labor markets, increase wages for lower paid workers more than anything else.
A lot of jobs, are not worth $50,000 a year to an employer. If everyone was paid $50,000 per year or more, all it would do is greatly increase the cost of goods and services, and the country would be right back to the wage to cost of goods and services relationship it is now. Costs of goods and services, would have raised to cover the higher costs of doing business.
Much of the country, has a strong economy and low unemployment. Those areas are doing great. Here is a list of all metro areas in the U.S. showing their unemployment rates.
In our area of Montana, everywhere you look, businesses have Help Wanted signs, looking for people who want to work. Our local McDonald's has had help wanted signs out offering $14 an hour wages to start as an example, and they almost always have their help wanted sign out. Drive into Billings, Montana's largest city, and you see help wanted signs out from fast food restaurants, to nearly all types of businesses including manufacturing.
It just depends on what part of the U.S. you live, as to having jobs to fill, or a surplus of employable people. It depends on the part of the country you live in, as to what the wages are. It depends on the part of the country you live in, as to what salary would give you the ability to live well or poorly, due to the cost of living.
Costs of living are so variable in the country, that what will be a good income in one area of the country, will be low income in another.
One big problem is, some areas of the country with high cost of living, pay the least for lower paid workers due to the surplus of labor in the area to draw from. Tighter labor markets, increase wages for lower paid workers more than anything else.
See I don't think that person understands much economics. Their idea is to just pay people decent wages, which is not an economics issue but political. Yet like you said, the laws of economics are there no matter what. For employers to pay more, there has to be labor shortage or at least reduction of labor surplus. What we have now is several things against wage increase: automation, globalization, and domestic labor surplus. All three are essentially about labor surpluses on a large scale. And lots of left leaning people love more immigrants and remain silent on the exploitation of immigrants. I for one support immigration, but I'm neither left nor right. A lot of people though are just singing to the choir and voting against their interests. They also seem to think that haha democrats win your terrible republicans, all the while the democrats serve the 1% diligently along with the republicans. Progressives, go two parties of big business!
Affluent individuals invest and spend in this consumer economy. They are the reason lots of American service sector jobs are afloat. They have more money,skills, knowledge than most Americans. Tables have turned. Don't talk to them like they are refugees. They are doing a favor to America and people don't appreciate enough. Then there are also skilled immigrants who are the backbone of our high tech industry, who fill our shortage of STEM workers. There are working class immigrants who fill positions Americans arrogantly walk away from. Our workforce needs more hard working immigrants who are willing and able to do what's necessary to improve their lives.
LOL!!! There is no shortage of STEM workers. And for the most part, there is not a shortage of skilled Americans for other jobs as well. What there is a shortage of are Americans willing to satisfy these functions for peanuts. That's what companies are whining about. They don't want to be forced to pay living wages for jobs that deserve them. In most cases, these are jobs that always paid a livable wage. There are plenty of manufacturers whining about skill shortages. In most cases, they don't want to pay enough to encourage Americans to pursue these occupations.
I have worked in manufacturing most of my life. I have never had a problem finding a job. Where I have had issues was finding a job worth getting out of bed for. Things are better now, but 5 years ago, every manufacturer felt entitled to a skilled worker with thousands of dollars worth of tools, willing to work for the grand wage of 12 bucks an hour. Gee... And they wonder why the young folks aren't investing years learning how to do these jobs?
It's all relevant to the discussion of economics. Labor is a resource. It goes where it is needed. How does labor know where it's needed? By the wages offered for the jobs. When the supply is overwhelmed by the demand, the wages tend to go up due to supply and demand. Somehow, many employers feel as though they are above the basic principles of economics.
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