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Those high paying manufacturing jobs were offshored or eliminated by technology. For example, 2 steel mill workers today produce as much output as once required 12 workers.
You bring up a good point. Technology increases production to the point that less workers are need to operate the machinery or not needed at all.
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Originally Posted by middle-aged mom
Who the heck is willing to pay a premium to sustain the US middle class?
Agreed it's about profit. A quality product for a fair price.
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Originally Posted by middle-aged mom
Does the Constitution guarantee median family income will increase ?
I don't think anyone is arguing this, but speaking of government, they are the problem when it comes to hurting the job market.
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Originally Posted by middle-aged mom
Deloitte & Touch does a global manufacturing survey of 500 CEOs, every 3 years. The current survey projects the US will regain the #1 spot as the leading manufacturing country by 2020. China will revert back to second place. And this will happen due to immense investment in industrial robotics.
It's not going to be your daddy's factoriy employing low skilled masses under collective bargaining agreements.
2020 seems like too big a jump to overtake China so soon, but one never knows.
There are 5 Million more people employed today than in 2008( 159 million vs 154 million) and food stamp numbers include children, not just working or not working adults.
So it is disingenuous to argue that the number of people on foodstamps correlates to the population at large being better or worse off. Heck, there are colleges who tell students to sign up for food stamps to supplement their meal plans or to help out their parents. There are people with full time jobs who qualify for food stamps as well.
Again the number of people on food stamps has been steady at an all time high levels the past few years
Of course the number of those on food stamps correlates to the population being better or worse off. The more government assistance there is the worse the economy is. The reason people need food stamps is because the economy isn't doing well. No one in their right mind would think otherwise.
The higher paying jobs aren't available, hence more on food stamps. Gee that took some brain work to figure out.
Prices rising, wages stagnant at best. To say otherwise is one of the most absurd things I've read on here. Quit posting about anything to do with economics when you obviously don't understand the basics.
Republicans control congress and a majority of States. If you want to argue that the economy is so bad, then you are only Blaming Republicans and saying that voting for Trump makes it worse, not HIllary.
Only conservatives can run the economy well. They do that by staying out of it for the most part. It has been proven time and time again that the free market works best for the economy.
The big government dems want our money for their causes, the big government repubs want our money for their cause. neither party cares about results. They just care about lining their own pockets.
LOL the liberals in this thread are now spinning this that a waiter is a highly paid, respected professional. Just like blacks all of a sudden became incredibly successful.
That's quite the stretch, there. What happened to the conservatives who applauded a person for working and contributing something to our society as opposed to living on welfare?
And then go cry on your mothers shoulder about how you can't make it happen for yourself. Blame someone. Blame the president. Under no circumstances DO NOT take responsibility for your own shortcoming.
And then go cry on your mothers shoulder about how you can't make it happen for yourself. Blame someone. Blame the president. Under no circumstances DO NOT take responsibility for your own shortcoming.
The loser generation........
A big part of the blame goes to the generation that elected the economic "wizards" in Congress who thought manipulating the free market in Housing would be a good thing. Set people up for failure and you can bet many will fail.
If no one has good jobs how come buyers are pushing up home prices, travel and vacation spending is up, car sales are robust, construction projects are multiplying?
Price of homes is going up because supply is limited and cost of rent is going up. In my city, the monthly payment on a 30-yr mortage of a 700-sqft condo would be around $1300 month if the same unit as an apartment was $2000/month.
Travel and vacation spending is probably up because prices are up and because consumers nowadays value "experiences" over "stuff".
I didn't know car sales are up, but I bet it has something to do with the fact that one can finance a car at nearly 0%.
Awesome thread and hilarious at the same time, mwahahaha
Damn straight, let that leftist girly-man Obama and his rabid/low-information Obama followers know the TRUTH about his crappy Obama economy. I mean who can survive on such low paying $8/hour jobs?? Seriously now, Obama has a lot of splainin' to do for the widespread poverty and despair that is now afflicting America. Obama is guilty and has NO excuse for his utter failure regarding the economy.
Obama says: " hey look at that, X amount of jobs were created in August!"
..... yeah, low-paying retail/fast food/waiter poverty jobs
I thought Obama was going to bring us "change"? So much for his campaign-trail BS
Damn straight, let that leftist girly-man Obama and his rabid/low-information Obama followers know the TRUTH about his crappy Obama economy. I mean who can survive on such low paying $8/hour jobs?? Seriously now, Obama has a lot of splainin' to do for the widespread poverty and despair that is now afflicting America. Obama is guilty and has NO excuse for his utter failure regarding the economy.
Obama says: " hey look at that, X amount of jobs were created in August!"
..... yeah, low-paying retail/fast food/waiter poverty jobs
I thought Obama was going to bring us "change"? So much for his campaign-trail BS
All you're going to have left after paying your bills are "change". Maybe that's what he meant.
All you're going to have left after paying your bills are "change". Maybe that's what he meant.
His slogan finally makes sense. Well done.
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