You can bet the next Republicrat/Dumbocan President, more than likely Ricardo Perry, isn't going to do anything but make it worse.
I really wish that I had a cogent refutation to that post. I do not.
Every 10-20 years, to sustain economic expansion, America needs to invent and produce something the rest of the world wants, whether it is automobiles, televisions or personal computers. The PC and the internet/web business was the last great invention. That was 20-25 years ago.
Clinton got to ride that wave.
Regardless who becomes the president, the key to a spectacular economic rebound is to discover and build the next great invention. However, putting capitalists and capitalist economic leadership in charge will certainly improve things, it won’t be great again until we get a handle on the next great thing that nobody can be without.
Is there any end to this man's delusion?
It's a very long way to next November.
Un-f*cking believable...
I remember hearing all this doom and gloom in the late 70’s, and look what happened in the 80’s.
I wish people would stop writing stupid articles about "high paying manufacturing jobs" and how they were "shipped overseas." That makes it sound as if there is some way to bring them back. There isn't. They aren't highly paid anymore, and that's not because they are overseas. It's because they are now low-skill. In fact they aren't even the same jobs. What's killing "highly paid manufacturing jobs" is automation. Those people who made good money in Ford plants were highly-skilled... welders, machinists, and so on. Now the welding is done by machines. So is the machining. Any biped from the forest can watch the machines and hit the big red button if they catch fire. That is not going to be a highly paid job whether it's in Detroit or Shenzen. Maybe the Luddites were right. Maybe the right answer is to smash all the machines. What I do know is that the machines are getting more flexible, more reliable, and more intelligent every year. Pretending that there's some way for politicians to stop this will do no good. Pretending that bringing jobs watching robots from China to here will make them pay wages we associate with journeymen machinists is even nuttier. I share the author's concern that things are going to get sucky, especially for people whose skills and abilities can be replicated by a microprocessor with some gears and springs. I'm not sure what the answer is, but false hopes of bringing back the era of "highly paid manufacturing jobs" is not it. We need a new trick, something that machines can't do now and won't be able to do for a long time. Like think, and create, and imagine. That's where the money is going to be... not in the rote replication of objects. Machines can do that. |
The story of American jobs and labor is deeply intertwined with predatory Federal, state and local taxation and regulation....
South Koreans sleep soundly on their border with NORKS because of American Taxpayer dollars and the American GI.
Why cant Texans, New Mexicans, Arizonans and Californians?....BECAUSE
Illegal immigration is THE KEY to the perpetuation of the status quo in DC......
Predatory tax and regulatory policies-actions that basically serve to perpetuate and grow governments-leave what business is left in the country seeking disposable labor.
Illegal Labor is the Feds out for preserving the status quo regarding Taxes and Regulation...and is the ultimate litmus test as to the candidates in question commitment to meaningful regulatory and tax reform. If they are wishy-washy on the subject...they have no real intent to disturb the DC status quo...no matter how big their cowboy hat and six-gun.