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Old 03-07-2014, 10:13 AM
 
643 posts, read 917,580 times
Reputation: 600

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Quote:
Originally Posted by CravingMountains View Post
I'd be damned before I worked for minimum wage picking crops out in the hot sun. If we start talking 15.00 an hour then maybe. Anything less than that and my head will be turned. Farmers in America will pay illegals less than minimum wage to do that job. Who do you think they want to hire?
thanks for proving my point.
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Old 03-07-2014, 10:54 AM
 
Location: Barrington
63,919 posts, read 46,713,615 times
Reputation: 20674
Quote:
Originally Posted by Goinback2011 View Post
Are you volunteering for income reduction?

No I didn't think so.
That real income has remained unchanged since 1973, says it all.

It's an unstoppable shift in global economic power away from G7 nations towards the developing world and there isn't a darn thing anyone can do about it. Blaming gives people the chance to vent and something to do.
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Old 03-07-2014, 11:02 AM
 
Location: NJ
23,537 posts, read 17,211,948 times
Reputation: 17562
June 2010 Biden claimed this was the summer of recovery....Obama got all the money he asked for and snickered at the phase, 'shovel ready jobs'. He now wants more money to repeat his 2010 success.


"6.10 - ......Biden announced the launching of "Recovery Summer," a six-week-long push designed to highlight the jobs accompanying a surge in stimulus-funded projects to improve highways, parks, drinking water and other public works: http://tiny.cc/gs3lj

Biden and Obama then took off, campaign style, to visit the locales of those projects to garner publicity for the effectiveness of Obama's vaunted $787 billion stimulus package


Article Source: http://EzineArticles.com/4584383"
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Old 03-07-2014, 11:08 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,321,953 times
Reputation: 7627
Quote:
Originally Posted by middle-aged mom View Post
That real income has remained unchanged since 1973, says it all.

It's an unstoppable shift in global economic power away from G7 nations towards the developing world and there isn't a darn thing anyone can do about it. Blaming gives people the chance to vent and something to do.
Yup, and it's NOT ONLY the development of the old "3rd world" nations that's impacting our economy and job creation, it's ALSO the dramatic increase in technology and the fact that so many things previously needing to be done by humans here locally can now be done remotely by humans overseas or even done without any human intervention at all. Self-driving vehicles are just a few short years away (less than 5) and once they become commonplace, whole classes of jobs will simply disappear (taxi drivers, truck drivers, bus drivers etc). For a long time now new technology has tended to create more jobs than they destroyed. I suspect that that trend has now reversed.

Ken
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Old 03-07-2014, 11:10 AM
 
Location: Ohio
24,621 posts, read 19,154,989 times
Reputation: 21738
Quote:
Originally Posted by middle-aged mom View Post
Unions peaked in the 50's.
And this is the reason why....

Quote:
Originally Posted by middle-aged mom View Post
Nothing a federal state, county or municipal government can do to save obsolete business.
....yes, it applies to unions, non-profits, household finances and a lot of other things.


Quote:
Originally Posted by middle-aged mom View Post
Real wages have remained the same since 1973.
Are you suggesting the US did not exist before 1973?

I sure hope not, because that would be stupid.

Real Wages is a canard. Stupid people seize on it, because they don't know any better. Real/Nominal Wages only measures Wages. It does not measure non-Wages, like benefits.

Real/Nominal Wages do not include the cost of your health plan benefits, pension or retirement benefits, tuition reimbursement, day care, parking, holiday pay, vacation pay, employee discounts and a host of other benefits or perks.

Real Wages fail, because it's based on Keynesian Models, and all Keynesian Models are failures, due to the fact that they assume homogeneity.

The Keynesian Model would be applicable for Cook County, Illinois, and also for the Kingdom of Norway, which has 200,000 fewer people than Cook County, Illinois. However, Keynesian Models cannot be applied to northern Illinois, or to the State of Illinois or to the Midwest, or to the eastern United States or to the United States, since there is a total lack of homogeneity.

The Keynesian Models also fail to account for the 800+ Skill-sets.

A person with half a brain might reasonably assume that Real Wages for some Skill-sets have declined over the long-term, while other Skill-sets have remained stagnant, and still other Skill-sets have seen an increase in Real Wages, and such assumptions would be correct.

Since you have 1,539 separately functioning economies in the united States with an equal number of Labor Markets, Real Wages for fast-food workers have increased, decreased and stagnated, depending on the specific Labor Market.

In some instances, the Dollar amount of their Wage did not change, but the CPI did, causing them to increase, decrease or stagnate their Real Wages.

CPI fails too, because that's Keynesian, not to mention the CPI calculation always over-estimates, even with the new Chained CPI.

How many people in Cincinnati receiving Social Security benefits got a COLA increase January 2014?

Exactly ZERO.

What they got was a Bonus....which is what they got the year before, and the year before that, since the Cost-of-Living in Cincinnati has actually decreased over the last 3 years.

On the other hand, Millions of Americans really did get a COLA increase, worthless as it may be, since they are still behind the curve, because the Cost-of-Living increased 6.4%, but the COLA was only 1+%. And they are still behind the curve from the prior year, and the year before that.

You have quite a few Million Americans who are still 12% behind the curve after 3 years of COLA increases, and the several years of no increases.

For anyone who thinks Real Wages ought to increase, or should increase, or must increase, the burden of proof is on you to show the Law of Economics, or the Theorem or Corollary supporting your claim.

Good luck with that.

Quote:
Originally Posted by middle-aged mom View Post

Retail and food services have been the largest employment sectors since the mid 80's.

Walmart replaced IBM as the largest private sector employer in 1989.
But that is exactly what you wanted.......why are you complaining now?

You wanted retail to be open on Sundays; you wanted longer hours for retail on weekdays and Saturdays; you wanted 24 hour convenient marts; you wanted 24 hour gasoline stations; you wanted 24 hour grocery stores; you wanted Starsux and corporate big box restaurants; you wanted all manner of leisurely services, right?

Yes, you did....don't lie, because just have to look outside to see the proof.

A worker can either assemble your iPad, or prepare a latte for you at Starsux, but the worker cannot do both at the same time.

Who on this forum does not understand that?

You are Borg....you demanded that people service you....you gladly shipped jobs overseas to free up labor in order for people to service you....resistance is futile....you will be serviced by the lesser in your society.

That was a pretty slick move....how's that working out for everyone?

Quote:
Originally Posted by middle-aged mom View Post
Globalization and technology have eliminated 10 of millions of jobs over the past 40 years.
No such thing as "globalization."

That is an Orwellian propaganda term concocted to hide the fact that the United States enslaved States and politically, socially and economically oppressed the peoples of those States.

Quote:
Originally Posted by middle-aged mom View Post
There has never been a serious effort to crack down on employment of undocumented workers.
Where did the oil profits from Mexico go for 42 years?

100% of the profits went to do the US.

By agreement, US oil companies were only entitled to 92% of the profits, but the oil companies fraudulently devalued their assets in order to show a loss to avoid paying the measly 8% to Mexico.

And to add insult to injury, the US oil companies refused to pay taxes to municipalities, Mexican States and the federal government of Mexico.

How is Mexico supposed to develop,....uh, you know, "globalize" when the US is stealing all of the wealth from Mexico?

Mexico should be just a notch behind Canada in development and Standard of Living, but Americans raped Mexico, which retarded and hampered its development. And now you complain that undocumented workers are "taking your jobs (snicker)."

Where would the US be if someone raped the US and stole all of wealth from the US?

Americans would be illegally sneaking across the border to Mexico to work.

What is the explanation given by the US government?

It's in US government propaganda: Mexicans are tequila-swilling, gun-toting bandito siesta-napping lazy no-good-for-nothings.

You can see that in films, shorts, cartoons, magazines, newspapers, advertisements, radio and television programs of the day.

If the US was even 1/10th of the Great Christian Freedom-Loving Nation-Building Democracy Supporting Benevolent Power it pretends to be, the world would be a beautiful peaceful place, but then your Standard of Living would truly suck.

Higher Living Standards Through Superior Hate and Fire-Power....


Mircea
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Old 03-07-2014, 11:13 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,321,953 times
Reputation: 7627
Quote:
Originally Posted by Kracer View Post
June 2010 Biden claimed this was the summer of recovery....Obama got all the money he asked for and snickered at the phase, 'shovel ready jobs'. He now wants more money to repeat his 2010 success.


"6.10 - ......Biden announced the launching of "Recovery Summer," a six-week-long push designed to highlight the jobs accompanying a surge in stimulus-funded projects to improve highways, parks, drinking water and other public works: http://tiny.cc/gs3lj

Biden and Obama then took off, campaign style, to visit the locales of those projects to garner publicity for the effectiveness of Obama's vaunted $787 billion stimulus package


Article Source: http://EzineArticles.com/4584383"
The UE rate peaked in late 2009/early 2010 and has been steadily dropping ever since. This is true of both the U-3 (traditional) UE rate AND the U-6 (complete) UE rate. So YEAH, it WAS the "summer of recovery" - that's WHEN the recovery of jobs began.

Unemployment Rate - US | Portal Seven

U6 Unemployment Rate | Portal Seven

Ken
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Old 03-07-2014, 11:50 AM
 
Location: Barrington
63,919 posts, read 46,713,615 times
Reputation: 20674
Quote:
Originally Posted by Mircea View Post

How many people in Cincinnati receiving Social Security benefits got a COLA increase January 2014?


No such thing as "globalization."

That is an Orwellian propaganda term concocted to hide the fact that the United States enslaved States and politically, socially and economically oppressed the peoples of those States.

Where did the oil profits from Mexico go for 42 years?

100% of the profits went to do the US.

By agreement, US oil companies were only entitled to 92% of the profits, but the oil companies fraudulently devalued their assets in order to show a loss to avoid paying the measly 8% to Mexico.

And to add insult to injury, the US oil companies refused to pay taxes to municipalities, Mexican States and the federal government of Mexico.

How is Mexico supposed to develop,....uh, you know, "globalize" when the US is stealing all of the wealth from Mexico?

Mexico should be just a notch behind Canada in development and Standard of Living, but Americans raped Mexico, which retarded and hampered its development. And now you complain that undocumented workers are "taking your jobs (snicker)."

Where would the US be if someone raped the US and stole all of wealth from the US?

Americans would be illegally sneaking across the border to Mexico to work.

What is the explanation given by the US government?

It's in US government propaganda: Mexicans are tequila-swilling, gun-toting bandito siesta-napping lazy no-good-for-nothings.

You can see that in films, shorts, cartoons, magazines, newspapers, advertisements, radio and television programs of the day.

If the US was even 1/10th of the Great Christian Freedom-Loving Nation-Building Democracy Supporting Benevolent Power it pretends to be, the world would be a beautiful peaceful place, but then your Standard of Living would truly suck.

Higher Living Standards Through Superior Hate and Fire-Power....

Mircea
But, but, but, I agree.

I also believe BRICS will, in time, include Mexico.
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Old 03-07-2014, 11:52 AM
 
Location: NJ
18,665 posts, read 19,964,008 times
Reputation: 7315
Quote:
Originally Posted by LordBalfor View Post
Yup, and it's NOT ONLY the development of the old "3rd world" nations that's impacting our economy and job creation, it's ALSO the dramatic increase in technology and the fact that so many things previously needing to be done by humans here locally can now be done remotely by humans overseas or even done without any human intervention at all. Self-driving vehicles are just a few short years away (less than 5) and once they become commonplace, whole classes of jobs will simply disappear (taxi drivers, truck drivers, bus drivers etc). For a long time now new technology has tended to create more jobs than they destroyed. I suspect that that trend has now reversed.

Ken
I have no doubt we'll see explosive job destruction via technology in the short-term future. But progress is always terrific, and should always be welcomed.
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Old 03-07-2014, 12:34 PM
 
Location: Buckeye, AZ
38,936 posts, read 23,883,528 times
Reputation: 14125
Quote:
Originally Posted by bobtn View Post
I have no doubt we'll see explosive job destruction via technology in the short-term future. But progress is always terrific, and should always be welcomed.
Except when it collapses an economy to its knees. People on this page talk about online sales killing jobs at Toys R Us, Best Buy, Radio Shack, Kmart, Sears, ect. those jobs lost wont come back (to an extent thank goodness.) The low wage jobs at least somewhat help the economy, cut them off entirely and you'll have less buyers which will decrease aggregate demand and cut down workers even more. Does anyone else not see this as a problem?
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Old 03-07-2014, 12:45 PM
 
Location: San Francisco, CA
15,088 posts, read 13,445,686 times
Reputation: 14266
These are both old businesses that have fallen by the wayside of technological innovation. You hardly need either anymore - you can get staplers through Amazon cheaper. So it's not surprising that they're closing.

Not to say that economic growth is stellar, but neither is an indicator of the economic trend. Same as Borders going out of business wasn't - nobody is buying books and CDs anymore.

Last edited by ambient; 03-07-2014 at 12:54 PM..
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