WHERE DID ALL THE JOBS GO?

Chronicles [Extra] ^ | February 24, 2004 | Paul Craig Roberts

[ninenot]

However--don't be mis-using the quotation from Paul (the Apostle)--'from each according...to each...need.'

What Marx, in quoting that passage, forgot was that Paul also said "and let him who will not work, not EAT!"

Paul was talking about personal charity, not State-run lotteries.

[BlueNgold]

According to the officical Dept of Labor statistics the US job is now the largest ever and has increased by more than 1MM jobs since President Bush took office. Unemployment is now ~ 5.6% ... comperable to the 1996 numbers when Clinton ran on job and economy...

[Jorge]

wages are plummeting in Connecticut, not going up.

If wages in Connecticut are going down while wages across the nation in general have been rising, what do you think is to blame?

[RaceBannon]

market forces.

People are running out of unemployment, so they are taking whatever job they can.

Their bills stay the same, but their wages go down, gas goes up, rent or mortgage stays the same...

It does not take a genius to see that this cannot mean anything good, it will lead to a panic situation where the people willl demand government support of daily needs, and housing andd food...and Hillary!

And that aint a joke, that is what will happen if it gets worse around here.

I just interviewed for a job today at a bearing manufacturer, they were just bought out by an international corp...they need to finish up some work...then they are going to...GUESS WHERE??

Go on, GUESS WHERE THEY ARE RELOCATING???

That's Right!

INDIA>

[GOP_1900AD]

At least they are not relocating to the PRC.... India is the lesser of evils. They have English Common Law and when the brass tacks are down, will be on our side.....

[Light Speed]

Browsed thru a Time magazine report on outsourcing....issue is recent.
On a chart they showed the salary per hr and per yr

What is exploding in India in outsourcing for higher business idents..like accountant..clerical.
soon the Medical industry will suffle into the mix.
A job which pays say 16-18 hr..clerical..is done for 4-6.00 hr.
the myriad that answer the phone for financial card firms are working for less than 4.00.

A Software tech earning 80 G for ex- worldcom..has his/her job replaced for less than 30,000..and thats the top of the line skill out of India's business colleges and universities.

The ride in India sucks...turn over in the call centres is over 50% yearly.
They are burned out..12 hr days plus..their health is failing..relationships crumbling..depression etc.
Many hate their jobs and are sick of eating the ride.

Its pure exploitation at both ends.
The American is used to build up a firm then dumped.
The Indian picks up the baton and maybe lasts a few yrs.

There are some decent jobs in outsourcing for the Indian..but most are low paying grind and repetition.

Some American business has set up shop in India and runs pure outsourcing like a union hall.
low overhead and lots of chattel to work.

Its like a form of slavery.

Benefits for Indian workers is next to nill.

Outsourcing is ruining lives in America nand overseas.

[varon]

During the past 12 months, the second year of economic recovery, the U.S. economy eked out 57,000 net new jobs in nontradable low-pay services,.................

The 57,000 net new jobs in low-pay services weren't even enough to accomodate the number of illegals coming across our borders during the same time period.

[keithtoo]

Hey, what you do in the privacy of your own home is your own business.

[Jorge]

I just interviewed for a job today at a bearing manufacturer, they were just bought out by an international corp...they need to finish up some work...then they are going to...GUESS WHERE?? Go on, GUESS WHERE THEY ARE RELOCATING??? That's Right! INDIA

Which bearing manufacturer? NHBB? MPB? Timpken? Torrington?

Do you have experience in the field of bearing manufacturing?

We are an international corp but many of our contracts specify that all bearings we use be manufactured ONLY in the USA or Canada.

Since we do jobs for Boeing, Lockheed Martin, the US Military, NASA etc. many of our bearings have to conform to Aerospace or Military specifications.

My job includes inspection of bearings that go into our products.
With the various manufacturers and numbering systems, confirming that the bearings we receive conform to our requirements can get really hairy.
We have at least 5 different numbering systems for NHBB alone.

[RaceBannon]

I would suggest you contact KAMATICS, their shop floor was right next to my deparment at Kaman when I was doing airframe testing.

By the way, FAFNIR is no longer FAFNIR, they were boughtout by Torrington, Torrington was bought out by Timken

Timken is an international bearing maker, plants in Australia, Germany, US, India, and Holand I think. If it says Timken on the labelk, that just might be the company headquarters that is in the US, not the factory.

[driftless]

We've been losing old jobs ever since the creation of capitalism...and creating a lot more new ones . For some reason the American standard of living keeps getting higher and Americans keep getting fatter. Somebody is doing something right.