You can't understand why a laid off GM Worker doesn't move to Southern California to pick fruit for minimum wage?
Do you really think a worker would sell his house, move his wife and kids to where the low paying jobs are and take one instead of collecting unemployment insurance until it runs out?
Here is what must happen. The excess production of houses and other items have to be sold. Once there is no surplus supply of goods on the shelves, people will have to be hired to meet the demand. Once those who have not been laid off see workers being called back, they will believe the recession is over. They will start buying and we will be in recovery mode. We will be back on the road to prosperity. Jobs will be created and employment will grow at a rapid rate.
What Reagan did in 1981, 1982 and 1983 was the cure. He just waited until the excess supply of goods has been sold. By 1984 the demand for goods and services was greater than the supply being produced. Plants had to increase production. The surpressed demand was unleashed, and we were back in prosperity mode until production exceeded demand again.
Reagan had a batchelors degree in economics. He understood the system and how it works. Government cannot create prosperity. Prosperity is a function of productivity. When we find ways to manufacture at lower cost per item, we can afford more items. As the cost per computer went down, the number of people who bought computers went up.
Do you really think a worker would sell his house, move his wife and kids to where the low paying jobs are and take one instead of collecting unemployment insurance until it runs out?
Are you telling me there are no illegals in Michigan? They are only in Southern CA? And the only people out of work are GM workers? Ah, no. The unemployment numbers are heavier in some locations than others, but they have affected all areas of the country. And illegal immigrants, too, are everywhere. I know they are here in Nebraska. I also know several people out of work. I stand by my question - why are unemployed Americans not demanding that they be given the jobs that those here illegally have taken? In this state alone, illegals have taken over the meat packing industry and Americans were given the boot. Again, right here in Nebraska, our property taxes have gone through the roof in part to pay to provide health care and education to the children of illegals. Does it not make sense that if the illegals and their spawn were not here, there would be less money wasted on them? More jobs (albeit lower paying ones) available to the unemployed Americans?
I have had to deal with the reality of the situation and forgo my usual raise - but I was understanding and GRATEFUL to have a job!!!