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Thats because machines don't call in sick , or need health insurance , or require wages . The dehumanizing of the US with more machines is another step to the end.
We should have recourse to privileges and immunities obtained by citizens of the several States. Corporate welfare even pays corporate welfare bonuses. All we really need, is unemployment compensation that bears true witness to our own state laws and a federal doctrine to that effect.
Thats because machines don't call in sick , or need health insurance , or require wages . The dehumanizing of the US with more machines is another step to the end.
Machines aren't the problem. Remember when people feared robots would be building cars and other things in the USA? That isn't what happened, they ended up taking those jobs to China and Mexico. We don't even have "Made in the USA" made by robots.
American robots and machines wouldn't create a huge trade deficit with countries like China and Mexico. Now even our robots and machines are unemployed.
More college degrees in a recession = more people becoming unemployed.
And people with college degrees are finding out they are not special, the same thing that happened to blue collar workers is happening to the college degreed.
It's much cheaper to send the work to some other country or import cheap labor. Immigration rates are sky high and are what accounts for are very high population growth because our people with college degrees will come out expecting something like $40,000 or more a year in wages and there is always someone somewhere in the world who till gladly work that same job for $20,000 a year or less.
Furthermore, the IBM CEO interviewed on Fareed this weekend said expansion of the global market was more of a driver to the outsourcing than the low wages, although that was certainly an incentive. By putting money in the pockets of people who've never had any, a vast new consumer class is created. That was a shocker to me.
Globalization on the part of US corporations will NEVER be reversed in favor of the American worker. NEVER, because the corporations are now looking at a world market and the US comprises only 40% of that in purchasing power from what I read yesterday. The US market purchasing power will only decrease further as time goes on as the other economies grow and ours diminishes proportionally.
Seriously, anyone younger should be looking to live and work anywhere in the world.
Furthermore, the IBM CEO interviewed on Fareed this weekend said expansion of the global market was more of a driver to the outsourcing than the low wages, although that was certainly an incentive. By putting money in the pockets of people who've never had any, a vast new consumer class is created. That was a shocker to me.
Globalization on the part of US corporations will NEVER be reversed in favor of the American worker. NEVER, because the corporations are now looking at a world market and the US comprises only 40% of that in purchasing power from what I read yesterday. The US market purchasing power will only decrease further as time goes on as the other economies grow and ours diminishes proportionally.
Seriously, anyone younger should be looking to live and work anywhere in the world.
Remember when you had :
Wealthy Class
Upper Middle Class
Middle Class
Lower Middle Class
Poverty Level Class
Now there is Wealthy and Poverty Level
Middle Class dissapeared into lower and poverty level
Then you have Immigrant Class now = immigrants working for 1/2 the wages and zero benefits .
They won't complain like another poster said so maybe its time to create a NEW class : The unemployed Educated Class = no jobs , plenty of education and rejection letters because Jose immigrant worker will do it for less.
The unemployed Educated Class = no jobs , plenty of education and rejection letters because Jose immigrant worker will do it for less.
There is that in Europe now. The educated are not particularly well paid - doctors, etc. Didn't they go on strike in the UK recently? Average doc there earns maybe $80K a year?
But I think that is due more to their socialistic environments than immigration, although immigration may have been a driver for the socialism, too. Not a student of sociology, so that's a guess.
However, the US has been a stand-alone in the world. We are now just getting/regressing to where the rest of the developed world has been for a long time. Thus, the huge political fracas right now.
Tea partiers in particular, so stupid. They are still back in the 19th century. Their stupidity the final nail in the coffin. And do any of them complain about globalization and restoring American industry on American soil - our most fundamental problem? I haven't heard it.
After reading this article I knew jobs were going overseas by outsourcing but what I didn't realize is technology is eliminating jobs also that will never come back. Farmers are eliminating workers with equipment.
Real technological and productivity advancement should all make us wealthier. I think what's happening is that people are confusing the workings of global labor arbitrage--foreign outsourcing, H-1B and L-1 visas, and mass immigration with technological advance. (The media and economists like to bundle them all together sometimes to confuse people.)
When there is a real technological advance--an improved and more efficient way of creating wealth using less human effort--we should all become wealthier. The prices of the affected goods and services should decrease for everyone and human effort is freed up to focus on the production of other goods and services and people will have more money to spend on other goods and services. The benefits of the new technology should simply cycle back into the economy.
However, what we are instead seeing is that new jobs that can now be supported in other fields are instead being done in other countries or by foreigners on H-1B and L-1 visas or by immigrant masses. So, when technology displaces an American from his job, instead of a new job opening up for an American it opens in China (etc.). The problem is not the technological advance itself, but rather our exposure if not embrace of foreign outsourcing and global labor arbitrage.
Quote:
I also didn't realize that its take 100,000 jobs a month just to keep up with population growth.
The number might be closer to 150,000 jobs per month. The media doesn't like to talk about it, but even in months when the nation has a net gain of, say, 70,000 jobs, it's really a loss of 30,000-80,000 jobs relative to population growth. It's a shame that the media isn't keeping track of the percentage of working-aged people who are employed, which might be a more telling stat than the doctored-up "unemployment rate". Also, it should keep track of the percentage of working-aged people who are earning income in certain brackets--we might notice an increase in the number of people who's income is low and a decrease in the number that's middle class.
(Let's all not forget that the issue is not merely, "Jobs! Jobs! Jobs!", but rather "Middle class jobs! Middle class jobs! Middle class jobs!". After all, it's possible for your nation to have a 3% unemployment rate while 95% of the employed populace works at poverty-wage jobs.)
Quote:
Originally Posted by WannaliveinGreenville
The unemployed Educated Class = no jobs , plenty of education and rejection letters because Jose immigrant worker will do it for less.
You get rejection letters? It seems like receiving rejection letters or even any sort of acknowledgment of having applied for a position is becoming a thing of the past. Businesses are just getting too many applications to send out rejection letters while probably trimming and squeezing their HR staffs. (Who has time to send out rejection letters when you're doing the work of 3 people?)
Furthermore, the IBM CEO interviewed on Fareed this weekend said expansion of the global market was more of a driver to the outsourcing than the low wages, although that was certainly an incentive. By putting money in the pockets of people who've never had any, a vast new consumer class is created. That was a shocker to me.
Globalization on the part of US corporations will NEVER be reversed in favor of the American worker. NEVER, because the corporations are now looking at a world market and the US comprises only 40% of that in purchasing power from what I read yesterday. The US market purchasing power will only decrease further as time goes on as the other economies grow and ours diminishes proportionally.
What's really sad is that our economists and intellectuals, while just beginning to acknowledge the problem, have adopted a form of fatalism--there's nothing we can do about it. This is completely false to anyone who's familiar with the concept of trade protectionism and self-sufficiency, but they cannot conceive of that. It's as though they have never heard of tariffs or not having any immigration or not having H-1B and L-1 visas.
[quote=Bhaalspawn;16498878]Real technological and productivity advancement should all make us wealthier. I think what's happening is that people are confusing the workings of global labor arbitrage--foreign outsourcing, H-1B and L-1 visas, and mass immigration with technological advance. (The media and economists like to bundle them all together sometimes to confuse people.)
When there is a real technological advance--an improved and more efficient way of creating wealth using less human effort--we should all become wealthier. The prices of the affected goods and services should decrease for everyone and human effort is freed up to focus on the production of other goods and services and people will have more money to spend on other goods and services. The benefits of the new technology should simply cycle back into the economy.
However, what we are instead seeing is that new jobs that can now be supported in other fields are instead being done in other countries or by foreigners on H-1B and L-1 visas or by immigrant masses. So, when technology displaces an American from his job, instead of a new job opening up for an American it opens in China (etc.). The problem is not the technological advance itself, but rather our exposure if not embrace of foreign outsourcing and global labor arbitrage.
The number might be closer to 150,000 jobs per month. The media doesn't like to talk about it, but even in months when the nation has a net gain of, say, 70,000 jobs, it's really a loss of 30,000-80,000 jobs relative to population growth. It's a shame that the media isn't keeping track of the percentage of working-aged people who are employed, which might be a more telling stat than the doctored-up "unemployment rate". Also, it should keep track of the percentage of working-aged people who are earning income in certain brackets--we might notice an increase in the number of people who's income is low and a decrease in the number that's middle class.
(Let's all not forget that the issue is not merely, "Jobs! Jobs! Jobs!", but rather "Middle class jobs! Middle class jobs! Middle class jobs!". After all, it's possible for your nation to have a 3% unemployment rate while 95% of the employed populace works at poverty-wage jobs.)
Quote:
You get rejection letters? It seems like receiving rejection letters or even any sort of acknowledgment of having applied for a position is becoming a thing of the past. Businesses are just getting too many applications to send out rejection letters while probably trimming and squeezing their HR staffs. (Who has time to send out rejection letters when you're doing the work of 3 people?)[/
quote]
Sure I got one for a job I applied for 3 MONTHS ago. I had to go check my data log/book to see WHEN I had applied for it .
But you are right , most don't even BOTHER to send you anything !
But who are we kidding about businesses..... Its always been about THEM. How to hire people at the lowest possible legal price , how to give them the least amount of benefits , how to get rid of them when times are slow , how to replace them with machines.
Its never been about the worker....
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