Posted on 04/09/2014 11:56:04 AM PDT by EveningStar
Unemployment is the number one problem with our economy. It's driving most of our budget issues. It's enabling big government. it's driving most of our debt. It's making people dependent and destroying their work ethic. It's keeping teenagers from development work skills.
The main reason we have high unemployment is because of the rampant off-shoring of American industry. Immigration is a second factor.
And the reason we have off-shoring is because we lowered the import tariffs and effectively made our labor force compete with Communist China's labor force.
Worse China doesn't allow most of the funds spent on Chinese goods to come back to buy U.S. trade goods. Instead they buy U.S. equities and U.S. Debt. We are liquidating America because of our failure to address the predatory Chinese tactics and restore the protective tariffs.
Another thing: the assumption that the living wage is the same in all areas, or that the wages paid are.
Last, I don't think the entire cost would be spread evenly to boxes of mac and cheese, and 1.4% of the price of an item that costs less than a dollar is a little different than the per item dollar increase in a big ticket item--say $7.00 on that $500.00 TV.
It also assumes that a part time job should pay a living wage. (a living wage on 30 hours a week?) While I understand people are getting by on less, generally a part-time job was supposed to supplement household income, not provide it.
Tie this in with the equal pay thingie, and pretty soon, the government will be mandating that part time cashiers make the same as commercial fisherman in Alaska.
You’re wrong TWICE:
One: Offshoring is not the MAIN reason we have unemployment. It’s just it makes good PR for economic liberals to glom onto when a certain business starts to offshore. But in reality, it’s only a tiny part of unemployment, and even so, interntional trade also creates jobs for others…..maybe even net positive.
Two: the main reason for offshoring are governments and unions, and until you realize that, your objections are absurd. Or, you could just STFU until you open up your own plant in this country and deal with the EPA, the IRS, INS, OSHA, and on and on and on…..oh, and unions.
knock yourself out….
You could eliminate all government regulations, unions, and taxes and you still can’t compete with communist Chinese labor at $2/day.
It would still make sense to offshore.
“Are they not making their profits on the backs of taxpayers?”
That statement is based on the wholesale swallowing of a boatload of socialist propaganda.
Number one, the slogan “on the backs of” implies that in some manner the evil rich big company is exploiting workers unfairly and gaining something evil (profits) in the process.
Those are both great communist worker party talking points, and both are B.S.
The second fallacy is that they, you or me is owed anything in this world by virtue of our existence.
The whole concept that I and other taxpayers should be robbed at gunpoint to subsidize others standard of living is another socialist talking point.
When you say “by the taxpayers” you actually mean by those of us stupid enough to work for a living.
If they want to say Wal Mart costs taxpayers more in welfare payments, the answer isn’t to force Wal Mart to pay more, it’s to fix the welfare dole system.
No it would not make sense to offshore….at least not in the vast majority of cases. You know nothing about business logistics and reality. You’re the sgt schultz of economics.
Milton Friedman called for you. He said you flunked econ 101….again……and again…..and again……and again.
You’re stuck in Econ 101. You’ve never gotten past the most basic understanding of comparative advantage.
Except that Walmart has lobbyists looking to funnel more customers their way (they are not along). They also have identified people getting off food stamps as a large risk for their business model. Walmart found out that there was room at the trough, and stepped right up.
Again, many companies do this. Heck, most large companies use the Gov to either get customers or limit competition. But a lot of people doing it doesn't make it right.
There are armies of private sector employees out there making sure their respective companies or assisting other companies in the area of regulatory compliance, from OSHA to the IRS.
Mandatory safety training alone employs dozens of people. Mandatory equipment requirement changes have created entire industries (aside with the industry of ensuring compliance), including NFPA 2112 compliant clothing (flame resistant standard for anyone on a drilling location), and tons of other mandatory safety gear.
Environmental compliance on construction sites (those runoff dams to limit sedimentation) are another sector.
So, yes government does create private sec`tor jobs, although they may not be necessarily what you would consider 'productive'.
You still flunk the Friedman test. If you think he’s wrong, you’re a liberal idiot.
By the time you add in costs for accounting, the other half of social security, management, etc. figure the employee should bring in 3 times their wages in revenue.
when I was in my teens a bunch of my friends went to work at bradlees (do you remember them) about nine of them..it wasnnt a job to support a family.....its the a-oles in d.c that caused this...I tell my friend all the time. has your overtaxed middle class life changed for the better financially the last 20 yrs...of course not, and it never will. just as long as commie,radical, global, fed reserve a-oles are runnin the show...the only reprieve we got was when the gipper used some common sense to get things rollin again....im afraid that’s not gonna happen in my lifetime.....pray for your children, and grandchildren
I would venture to say that if Wal-mart fired all
of it’s workers today, there would be lines a mile
long wanting those same jobs at that same pay.
That is how markets work.
All this is liberal hogwash.
Nice litmus test you got there. Anyone who doesn't bow down and worship at the feet of Friedman is a liberal idiot according to you. Of course name calling and labeling like that is a liberal tactic.
Milton Friedman and the fallacy of good intentions
Milton's legacy includes (From link):
That’s absolutely shameful, is what it is.
d:^)
The words “living wage” made me grind my teeth the first time I heard them. Of course, they came from a government employee complaining about his $50k do nothing job. He also claimed to have more education than an MD, but I later found he didn’t graduate from college. Whenever I see some whining leftist, I think of that idiot.
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