Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The Death of U.S. Jobs ( The sky is falling alert )
Newsmax.com ^ | 06/07/2006 | Paul Craig Roberts

Posted on 06/07/2006 9:51:31 AM PDT by SirLinksalot

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-74 next last
To: coladirienzi
There is something called a bell curve. Those with intelligence and initiative (from the center to the right side of the bell curve), but who do not go to college, can find work as store managers, mechanical repairmen, truck drivers, etc.

We are far from becoming Brazil, where a state-regulated economy and a culture that values leisure over work and saving has caused the problems you see today.

41 posted on 06/07/2006 12:39:34 PM PDT by Clemenza (The CFR ate my bilderburgers! Time to call for a trilateral commission to investigate!)
[ Post Reply | Private Reply | To 40 | View Replies]

To: gcruse

I wonder what figure you'd get by netting out death/retirement against population growth? I'd guess a lot less than a hundred fifty thou a month.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Wouldn't deaths already be set off to arrive at the population growth figure? Retirement is a different matter, most jobs don't cease to exist with someone's retirement, they are filled by someone new.


42 posted on 06/07/2006 12:40:15 PM PDT by RipSawyer (Does anybody still believe this is a free country?)
[ Post Reply | Private Reply | To 24 | View Replies]

To: Always Right

Most apprentice electricians are lucky to make $15 an hour.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

So, that is still $31,200. annually for a forty hour week. Well above the lowest college graduates on that list. Experienced electricians can start their own business and do very well.


43 posted on 06/07/2006 12:45:14 PM PDT by RipSawyer (Does anybody still believe this is a free country?)
[ Post Reply | Private Reply | To 28 | View Replies]

To: SirLinksalot

44 posted on 06/07/2006 12:45:24 PM PDT by Clemenza (The CFR ate my bilderburgers! Time to call for a trilateral commission to investigate!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: gcruse

So you're saying that our population isn't growing? Cause even though people are dying every day, our population is still growing.


45 posted on 06/07/2006 12:47:05 PM PDT by Diavolos
[ Post Reply | Private Reply | To 24 | View Replies]

To: RipSawyer

What are the chances of that factory worker getting some more education and making more than $180,000.00 per year? Close to zero, I'll bet.


46 posted on 06/07/2006 12:48:26 PM PDT by 1rudeboy
[ Post Reply | Private Reply | To 39 | View Replies]

To: RipSawyer
Well above the lowest college graduates on that list.

Does the word average mean anything on this thread?

47 posted on 06/07/2006 12:49:17 PM PDT by 1rudeboy
[ Post Reply | Private Reply | To 43 | View Replies]

To: 1rudeboy

What are the chances of that factory worker getting some more education and making more than $180,000.00 per year? Close to zero, I'll bet.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

The point is that that figure can be earned without spending four or more years and a lot of tuition money earning a degree. If the person never tries to do better it is his own fault, night classes are available for those who want to work and learn. I simply think the starting point for graduates is not very impressive when set against the earnings possible without the degree. You are free to disagree.


48 posted on 06/07/2006 12:56:39 PM PDT by RipSawyer (Does anybody still believe this is a free country?)
[ Post Reply | Private Reply | To 46 | View Replies]

To: RipSawyer

Between 2000 and 2005, the US population grew 5.3% a year, per the census bureau. The present population is just 295,000,000. That computes to 1,573,000 per year, or 132,000 jobs a month. It's less than 150,000, but not spectacularly so.


49 posted on 06/07/2006 12:56:58 PM PDT by gcruse (http://gcruse.typepad.com)
[ Post Reply | Private Reply | To 42 | View Replies]

To: Diavolos

Where did I ever imply the population isn't going?


50 posted on 06/07/2006 12:58:40 PM PDT by gcruse (http://gcruse.typepad.com)
[ Post Reply | Private Reply | To 45 | View Replies]

To: gcruse

going = growing


51 posted on 06/07/2006 12:59:01 PM PDT by gcruse (http://gcruse.typepad.com)
[ Post Reply | Private Reply | To 50 | View Replies]

To: coladirienzi

The Heritage Foundation, The Real Story on Stagnant Wages, 2004.


The Heritage Foundation, Job Numbers Show a Strong Economic Recovery, 2006.


52 posted on 06/07/2006 1:00:24 PM PDT by 1rudeboy
[ Post Reply | Private Reply | To 38 | View Replies]

To: 1rudeboy

Well above the lowest college graduates on that list.
Does the word average mean anything on this thread?
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Certainly, I think the lowest starting pay for college graduates should be higher than starting pay for high school graduates. You may disagree. It has nothing to do with averages. I am well aware that the average college graduate is going to earn considerably more in a lifetime than the average high school graduate.


53 posted on 06/07/2006 1:00:34 PM PDT by RipSawyer (Does anybody still believe this is a free country?)
[ Post Reply | Private Reply | To 47 | View Replies]

To: RipSawyer

I don't disagree at all. I was simply making sure that you understand that, while maybe starting from the same point (not counting loans), the upside potential is greater the higher one's level of education.


54 posted on 06/07/2006 1:02:21 PM PDT by 1rudeboy
[ Post Reply | Private Reply | To 48 | View Replies]

To: RightWhale

Electrical engineers build weapons.
Civil engineers build targets.


55 posted on 06/07/2006 1:08:07 PM PDT by Philistone (Turning lead into gold...)
[ Post Reply | Private Reply | To 13 | View Replies]

To: coladirienzi
Our govt. doesn't count you as 'unemployed' after six month, even if you are desperate for a job.

Hogwash.

Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work.

56 posted on 06/07/2006 1:24:22 PM PDT by 1rudeboy
[ Post Reply | Private Reply | To 36 | View Replies]

To: indthkr
Locomotive Engineer Trainee or Truck Driver: Starting Salary: $40-45k /yr

I'm curious where Roberts classifies those kind of jobs. Since neither are "manufacturing" they must be low wage "service" jobs.

Another point I have noticed over the years: It is true that US manufacturing jobs have decreased, but not by the factors that many of these stats show. Going back 30 years, manufacturing plants were mostly totally integrated operations, i.e. they hired full time employees for every function within a given plant from the actual manufacturing process all the way down to support services such as plant and equipment maintenance, security, information technology, transportation and food services, etc. All of those employees were recorded as "manufacturing sector" even if they never got within miles of the actual manufacturing process.

Today, many of those non-core functions are "outsourced" to professional or technical services firms who report into the "services" category. Many of those jobs are highly paid but by the time a guy like Roberts is done spinning the numbers, they come out sounding like berger flipping jobs.

57 posted on 06/07/2006 1:31:03 PM PDT by Ditto
[ Post Reply | Private Reply | To 21 | View Replies]

To: Ditto

In the late 70s early 80's, I worked in the cafeteria of a local manufacturer. An outside firm was hired to run the cafeteria about a year after I started. Nothing changed but the company name on my paycheck. It counted as a manufacturing job loss.


58 posted on 06/07/2006 1:39:10 PM PDT by 1rudeboy
[ Post Reply | Private Reply | To 57 | View Replies]

To: 1rudeboy

Perfect example. I can think of about a dozen highly paid senior engineers I know who took their retirement package and were back at their regular desk the next day doing the same job as a "contractor" employed by a technical services firm and actually making more money. But now they were in the services sector instead of the manufacturing sector.


59 posted on 06/07/2006 1:44:20 PM PDT by Ditto
[ Post Reply | Private Reply | To 58 | View Replies]

To: 1rudeboy

"Our govt. doesn't count you as 'unemployed' after six month, even if you are desperate for a job."
"Hogwash."


"Persons are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work."

After you have been unemployed for six months your unemployment checks stop. At this point, since the government has NO WAY TO TRACK YOU ANYMORE, they simply DON'T. You just drop off the radar. I know that this is hard to believe, I could hardly accept it myself when I first found out in Grad School. Liberal government bureaucrats in action.
By not counting you it makes whatever administration is in power look good, and THAT is what it is all about.


60 posted on 06/07/2006 1:51:31 PM PDT by coladirienzi
[ Post Reply | Private Reply | To 56 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-74 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson