Jobs Come and Go (One of the smartest economists in the world hits the nail on the head)

www.townhall.com ^ | 11/26/2003 | Walter E. Williams

[XBob]

different parts of our country have different nick-names for things, though now with network TV so all pervasive, regional differences are disappearing.

[RaceBannon]

And a bump to those who feel that turning over our nation's industries to our economic competitors represents "Free Trade" back at ya!

[XBob]

382 - "those who feel that turning over our nation's industries to our economic competitors represents "Free Trade"

They are the same ones who mortgage our future, and think they are rich because they have some temporary 'riches' from the mortgage.

The mortgage will come due, and 'Snidely Whiplash' is holding it.

[MonroeDNA]

I live in the most prosperous country on earth. The most prosperous country the world has ever seen. I am lucky, and greatful. People who need job protection here, should paint a big "L" on their head.

I live in the country where other people will do anything to get here. They float over on inner tubes, risking death, just to land here, and have a chance.

A chance of freedom. An opportunity to try. They don't whine about lost jobs or tarrifs. They would laugh out loud at such topics. And gladly take your job, while you are on strike, for half the wage. I support them, and applaud them.

I live in a country founded on individual liberty, with less government intervention than other countries. I live in a country where people from all over the world want just a chance to make it for themselves.

I live in a country where the individual is responsible for his own choices, and is man enough to not whine when it turns out wrong.

I am responsible for my choices, and nobody owes me anything. I could not live with myself otherwise, but apparantly others can.

I have no respect for them.

[RaceBannon]

Bad analogy again.

It is not the opportunities that people like me are ignoring or complaining about, it is the opportunities that people like me are being denied by people like you, people who encourage the bottom dollar as the final say, people who say that the share holder is all that matters, people who move entire technology bases off shore in order to make a statistical gain in profit in relation to expenditures.

People who say that immigrants can earn $8 an hour and feed families ignore the fact that these immigrants live 12 to 15 people in a house, do not pay taxes, do not pay a mortgage or acquire the debt that Americans born here do, and then find themselves trying to pay the rent on reduced wages equal to wages they earned and paid taxes on 15 yearrs ago.
That and the live in some illusion that we still have the same economic laws and regulations of the early 1900's.
That's right: because of free traitors like you, I am worth the same wage I made 15 years ago, literally, only the cost of living is not what it was 15 years ago, is it?

Thanks to free traitors like you, who make false assumptions that this is whining, when all it is , is calling the kettle black, are the reason that we are in this fiscal mess.

When a company pays less in wages to employees, and if profits only go up 1%, because of the change in wage scale there is an illusion of growth on a scale previously unseen, yet is really only 1%, but because wages dropped so much, the 'profit' appears to have gone up 3 to 4%!.

That's right. Illusion.

I would be willing to bet that that is one of the greatest causes of this recent growth spurt. Only one other reason comes to mind: that previous parts purchased have worn out, and they now need to be replaced.

It is not a growing economy, it is a replacement economy that is making any strides.

And thanks to people like you, that is all we are going to have. Especially once the next mass panic hit with the next terror attack.

[sly671]

how many people do you think actually work in their field of study? Not many I can tell you....and if I can't find a job in the US, I WILL go to India if i need to. Otherwise I will take that 1/3 paycut because it's better to have a shitty job and freedoms than to make a shitload and have nothing.

[sly671]

let them leave. That's their right. If I were to tell you you couldn't open a business because you might leave the country, would you raise hell? Most likely yes. Either that or just start your business where it would be the cheapest to run it. And it's not fooling people by telling them it's for the better, because it is. It enriches the wealth of our nation because they never truly leave but make more money to pay more taxes. And why does everyone think of the zero-sum theory? There WILL be more jobs created in the long run. There is no set number of jobs in the world.

[Trajan88]

1924 Mahatma Gandhi: 2003 trade unions.

Don't believe me? Take a look at the 2003 California dock workers' strike - those guys/gals went on strike because mgmt. wanted to institute productivity improvements.

Free trade and capitalism promote the most efficient/productive manufacturers; protective tarrifs reduce incentive to make better products (remember the junk cars that came out of Detroit prior to the Japanese mfg. building plants in the U.S.?).

Trajan88

p.s. I worked in the telecom industry for nearly 10 years and was "uninvited" to the employment party. I saw the writing on the wall many months prior to my dismissal - business is business - we couldn't force our customers to purchase somenting they didn't need/want - funny how that works... too bad the bleeding heart liberals don't understand this and are constantly looking for a free ride via protectionism.

[XBob]

386 - "how many people do you think actually work in their field of study? Not many I can tell you....and if I can't find a job in the US, I WILL go to India if i need to. Otherwise I will take that 1/3 paycut because it's better to have a shitty job and freedoms than to make a shitload and have nothing."

===
Well, what do you have to offer when you graduate from college? Are you qualified to do anything?

If you go to India to get a job, what do you have to offer in India? Will you work cheaper than an Indian, who may or may not have electricity? You will have a college degree, but who will hire you? And why should they hire you? Can you do something an Indian can't do? They have millions of college graduates in India. How will you overcome their requirements that say you can't work there? Why should an American company send you to work in India? Do you have any experience? How many people have you supervised? How many production lines have you set up? In fact, why should they give you a job here in the US?

And as far as the 1/3 pay cut - that is not a pay cut, that is the price of admission to get a job in the US - taxes - 1/3 of your salary - just to get a job - it's not an option you can take or not take. It's a fact of life.

Or, perhaps you could go to China, and get a job there, living in an open bay barracks with hundreds of other workers. Some places, they don't even hot swap the beds. I don't know where you will put anything you buy though, if you can't fit it in a rucksack.

But, that's where the competition is heading us.

[XBob]

386 - maybe you can find a job in china:

http://www.freerepublic.com/focus/f-news/1048617/posts?page=1#1

[XBob]

Got your job offer yet?

China Engineers Its Next Great Leap
http://www.freerepublic.com/focus/f-news/1049246/posts

[sly671]

Yes, I may not be able to find a job because of my "experience"...but you're missing my point in that a degree doesn't mean you will work in your field of study the rest of your life. All it tells a company is that I know how to learn on a real world level and I can handle doing my job. And with your ranting about Indian jobs(I don't know, kinda got bored with your pessimism as if you're experienced in it), I really doubt I will have as much trouble as you're so sure I'll have. I don't see anyone shipping your job overseas just yet, assuming you have one.

[sly671]

And as far as the 1/3 pay cut - that is not a pay cut, that is the price of admission to get a job in the US - taxes - 1/3 of your salary - just to get a job - it's not an option you can take or not take. It's a fact of life.



And all the other countries have so much lower taxes too right? In case you need a little background, I have worked and still do work in the real world. I'm not a 16 year old spoiled brat whose had everything handed to him all his life. I've worked for everything I've got so you can quit with the "he's young so he's stupid" bit. It's getting old.

[sly671]

391 - Got your job offer yet?


One more thing....specifically on this comment....I'm sorry that things don't work the way you would see them happen. One, I'm not finished with school yet so I certainly am not getting or looking for job offers. And two, things take time. Just like every last liberal on the Earth, you seem to expect results in hours, days,....maybe even weeks. Somethings take TIME to develop and to work out. Ask me that question again in 2 years when I'm done and we'll see.

[XBob]

394 - Why don't youall take a look at this. It is chock full of real info on what is happening in this country, and how so many greedy, corrupt American governments and American corps are doing to destroy American workers jobs:

http://www.h1bvisasucks.com/H1BDiscussions_solutions_nj.htm

but I will pick one:

"An Indiana state senator is drafting legislation to restrict public agencies' ability to outsource it work to foreign countries or to use vendors whose U.S. staff consists largely of visa workers. Jeff Drozda, a Republican from the Indiana district of Westfield, found out that a state agency charged with job creation had outsourced work to India's Tata Consultancy Services. "

Trajan88, perhaps you will find where your job went - here -
http://www.h1bvisasucks.com/H1BDiscussions_solutions_nj.htm

[Trajan88]

My old job went to the bucket of "producing massive amounts of product that no one wanted." Sorta like trying to sell ice to those that live at the N. Pole.

Was/am I bitter? No... because my skills attained in college and at work were/are highly marketable.

Does anyone owe me a job? No... I don't need handouts.

Trajan88; TAMU Class of '88; Law Hall (may it R.I.P.) Ramp 9 Mule; f.u.p.!