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RE: High unemployment is a good thing - 10/12/2013 6:31:56 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline

quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: MrRodgers

How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.

The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?

I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.

What's that you say...didn't slave have jobs ? Well, yes they did and look how well that turned out...for the slave owners...history's greatest profit center. I mean fuck the slaves, we are here to make some money and this means...more money and that's all that matters in the American society, right ? Well, I do have a point right ?


(It always amazes me, the opinions of those who don't create....and have never created a job).

The marketplace creates jobs and that marketplace must not only have demand (for many things it always does) but its customers must have the financial ability to fulfill that demand. Like I said and it is sadly true, to look to the corporations in particular...they have not created one new net job in the US since the 1950's.

BTW my demand in the economy from my income level, creates as many jobs as anybody's similarly positioned. There are no such 'things' or 'people' that create jobs.

If you know otherwise why don't you identify these job creators with good substantiation, we could all learn how to go out and create jobs.

(in reply to LookieNoNookie)
Profile   Post #: 21
RE: High unemployment is a good thing - 10/13/2013 1:45:44 AM   
sloguy02246


Posts: 534
Joined: 11/5/2011
Status: offline

quote:

ORIGINAL: bindme84


What happens to the stock market during a recession? The values go down. What happens to the stock market during a time of prosperity? The values go up. I was not intending to suggest any correlation between the stock prices and consumer spending power. I was merely citing them as two separate examples of why a corporation would prefer to exist in a strong economy than a weak one. They like their stock to rise in value, and they like stable revenue streams.


I recently retired from a Fortune 200 company and let me assure you that my former company's leadership had and continues to have an extremely keen interest in the corporation's stock price. The employment rate and the general state of the economy were of some concern of course, but the stock price was always their end game because it was one of the key components in the formula used to compute their annual bonuses.

If the economy totally tanked, their only angst was generated by how much it reduced their bonus.

Oh, and this same mindset existed at the employer I had before this one, also a Fortune 200 company.



(in reply to bindme84)
Profile   Post #: 22
RE: High unemployment is a good thing - 10/13/2013 2:10:20 AM   
hmm1233


Posts: 6
Joined: 11/19/2008
Status: offline

quote:

ORIGINAL: MrRodgers


quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: MrRodgers

How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.

The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?

I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.

What's that you say...didn't slave have jobs ? Well, yes they did and look how well that turned out...for the slave owners...history's greatest profit center. I mean fuck the slaves, we are here to make some money and this means...more money and that's all that matters in the American society, right ? Well, I do have a point right ?


(It always amazes me, the opinions of those who don't create....and have never created a job).

The marketplace creates jobs and that marketplace must not only have demand (for many things it always does) but its customers must have the financial ability to fulfill that demand. Like I said and it is sadly true, to look to the corporations in particular...they have not created one new net job in the US since the 1950's.

BTW my demand in the economy from my income level, creates as many jobs as anybody's similarly positioned. There are no such 'things' or 'people' that create jobs.

If you know otherwise why don't you identify these job creators with good substantiation, we could all learn how to go out and create jobs.

The "Job creators" as he puts it simply have control over the resources required to supply jobs. It's a game of control and domination, and as long as people are dumb enough to actually believe the employer is giving them something by exploiting them, they will be exploited. We'd be better off if we killed a lot of our employers and freed up the resources.

(in reply to MrRodgers)
Profile   Post #: 23
RE: High unemployment is a good thing - 10/13/2013 7:52:24 AM   
AdorkableAiley


Posts: 920
Joined: 9/12/2011
Status: offline

quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: MrRodgers
quote:

ORIGINAL: DesideriScuri
There's the whole customer requirement, though. If someone is willing to work for $5/hr. why shouldn't they be allowed to?

I agree and many do but acquiescing to the goals of the corporation puts govt. as [its] partner. The role of govt. as many intellects of the pass have tried to tell us is to reign in the power of the corporation from creating a pauper or slave labor society...it having and assuming no responsibility to do otherwise. We would still be killing people all over industrial America (and they still are far too often) and have 12 year old working 70 hour weeks for .10/hr.


Government is not should not be the partner of the Corporation. The Labor Movement was not a government movement, but a worker's movement. The Labor Movement was an absolutely necessary change to working conditions (sad that it took a movement). Government has adopted and coded most of the items the Labor Movement wanted. That is a good thing.

If someone is willing to work for less than the "minimum wage," why can't he or she voluntarily enter into an agreement to do so?



Why would anyone want to do that? I understand people need jobs but if the job isn't going to be paying you living wages (minimum wage isn't even high enough to be living wages) Then you aren't any better of than you were without the job in fact you'll be worse off because you'll be busting your ass and not getting anywhere and why should companies be allowed to treat workers that way?

Ailey

(in reply to DesideriScuri)
Profile   Post #: 24
RE: High unemployment is a good thing - 10/13/2013 4:30:41 PM   
LookieNoNookie


Posts: 12216
Joined: 8/9/2008
Status: offline

quote:

ORIGINAL: MrRodgers


quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: MrRodgers

How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.

The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?

I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.

What's that you say...didn't slave have jobs ? Well, yes they did and look how well that turned out...for the slave owners...history's greatest profit center. I mean fuck the slaves, we are here to make some money and this means...more money and that's all that matters in the American society, right ? Well, I do have a point right ?


(It always amazes me, the opinions of those who don't create....and have never created a job).

The marketplace creates jobs and that marketplace must not only have demand (for many things it always does) but its customers must have the financial ability to fulfill that demand. Like I said and it is sadly true, to look to the corporations in particular...they have not created one new net job in the US since the 1950's.

BTW my demand in the economy from my income level, creates as many jobs as anybody's similarly positioned. There are no such 'things' or 'people' that create jobs.

If you know otherwise why don't you identify these job creators with good substantiation, we could all learn how to go out and create jobs.


I'll do my best to explain this concept to your employer.

(in reply to MrRodgers)
Profile   Post #: 25
RE: High unemployment is a good thing - 10/13/2013 4:33:40 PM   
LookieNoNookie


Posts: 12216
Joined: 8/9/2008
Status: offline

quote:

ORIGINAL: hmm1233


quote:

ORIGINAL: MrRodgers


quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: MrRodgers

How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.

The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?

I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.

What's that you say...didn't slave have jobs ? Well, yes they did and look how well that turned out...for the slave owners...history's greatest profit center. I mean fuck the slaves, we are here to make some money and this means...more money and that's all that matters in the American society, right ? Well, I do have a point right ?


(It always amazes me, the opinions of those who don't create....and have never created a job).

The marketplace creates jobs and that marketplace must not only have demand (for many things it always does) but its customers must have the financial ability to fulfill that demand. Like I said and it is sadly true, to look to the corporations in particular...they have not created one new net job in the US since the 1950's.

BTW my demand in the economy from my income level, creates as many jobs as anybody's similarly positioned. There are no such 'things' or 'people' that create jobs.

If you know otherwise why don't you identify these job creators with good substantiation, we could all learn how to go out and create jobs.

The "Job creators" as he puts it simply have control over the resources required to supply jobs. It's a game of control and domination, and as long as people are dumb enough to actually believe the employer is giving them something by exploiting them, they will be exploited. We'd be better off if we killed a lot of our employers and freed up the resources.


Yeah LOL....I think Marx and Engels were somewhat focused on that concept for a while.

Worked well for them, eh?

(If I recall, Stalin studied these fellows).

Yeah.

(in reply to hmm1233)
Profile   Post #: 26
RE: High unemployment is a good thing - 10/14/2013 1:01:00 AM   
hmm1233


Posts: 6
Joined: 11/19/2008
Status: offline

quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: hmm1233


quote:

ORIGINAL: MrRodgers


quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: MrRodgers

How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.

The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?

I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.

What's that you say...didn't slave have jobs ? Well, yes they did and look how well that turned out...for the slave owners...history's greatest profit center. I mean fuck the slaves, we are here to make some money and this means...more money and that's all that matters in the American society, right ? Well, I do have a point right ?


(It always amazes me, the opinions of those who don't create....and have never created a job).

The marketplace creates jobs and that marketplace must not only have demand (for many things it always does) but its customers must have the financial ability to fulfill that demand. Like I said and it is sadly true, to look to the corporations in particular...they have not created one new net job in the US since the 1950's.

BTW my demand in the economy from my income level, creates as many jobs as anybody's similarly positioned. There are no such 'things' or 'people' that create jobs.

If you know otherwise why don't you identify these job creators with good substantiation, we could all learn how to go out and create jobs.

The "Job creators" as he puts it simply have control over the resources required to supply jobs. It's a game of control and domination, and as long as people are dumb enough to actually believe the employer is giving them something by exploiting them, they will be exploited. We'd be better off if we killed a lot of our employers and freed up the resources.


Yeah LOL....I think Marx and Engels were somewhat focused on that concept for a while.

Worked well for them, eh?

(If I recall, Stalin studied these fellows).

Yeah.


First of all, I'm not really a Marxist. A sociopathic person (Stalin) or a sociopathic corporation (all of them) having too much power is a bad thing. The truth is the truth, however. To call employers, "job creators" simply because they have a corner on the resources to do so does not follow logically. It also does not make the actual employer necessary or useful. Capitalism breaks down when all the resources pigeon hole into the top minority, and that is what has happened. Socialism can and will break down as well... all of these systems can fail.

Anyway, you're dumb. Stalin, as evil as he was, made Russia a powerful empire. To blame his evil acts on Marxism is like blaming capitalism for Pinochet or Andrew Jackson. Or to put it in a context you can understand better, calling anti-smoking laws Nazi because Hitler did the same thing. The associations don't actually mean anything, and it's retarded propaganda. Go stack blocks.

(in reply to LookieNoNookie)
Profile   Post #: 27
RE: High unemployment is a good thing - 10/14/2013 1:18:18 AM   
epiphiny43


Posts: 688
Joined: 10/20/2006
Status: offline
Anyone confused about the vast distance between the economics and politics of Stalin and 'Marx and Engles' pretty much invalidates any further opinions they may post. The only thing 'Communist' about Stalin and his USSR was the propaganda spread to hide the real events that were going on.
Which doesn't make statements that workers appropriating 'resources' actually works any less moronic. "Enterprises" create jobs in modern mass society.* How they are created, regulated, governed and purposed is what the real questions are. Such concepts as 'vested interest' of workers in the enterprise, profit sharing and many others work to deal with the abuses of private ownership of vast enterprises and resources to the general social detriment.
*Things May Be Changing!! An essay, "Capital without Capitalism" http://www.bbc.co.uk/news/magazine-23990211 The changes small scale marketing and custom production are making that may alter the multi-national corporate model of supplying consumer goods profoundly.

(in reply to hmm1233)
Profile   Post #: 28
RE: High unemployment is a good thing - 10/14/2013 6:01:37 PM   
LookieNoNookie


Posts: 12216
Joined: 8/9/2008
Status: offline

quote:

ORIGINAL: hmm1233


quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: hmm1233


quote:

ORIGINAL: MrRodgers


quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: MrRodgers

How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.

The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?

I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.

What's that you say...didn't slave have jobs ? Well, yes they did and look how well that turned out...for the slave owners...history's greatest profit center. I mean fuck the slaves, we are here to make some money and this means...more money and that's all that matters in the American society, right ? Well, I do have a point right ?


(It always amazes me, the opinions of those who don't create....and have never created a job).

The marketplace creates jobs and that marketplace must not only have demand (for many things it always does) but its customers must have the financial ability to fulfill that demand. Like I said and it is sadly true, to look to the corporations in particular...they have not created one new net job in the US since the 1950's.

BTW my demand in the economy from my income level, creates as many jobs as anybody's similarly positioned. There are no such 'things' or 'people' that create jobs.

If you know otherwise why don't you identify these job creators with good substantiation, we could all learn how to go out and create jobs.

The "Job creators" as he puts it simply have control over the resources required to supply jobs. It's a game of control and domination, and as long as people are dumb enough to actually believe the employer is giving them something by exploiting them, they will be exploited. We'd be better off if we killed a lot of our employers and freed up the resources.


Yeah LOL....I think Marx and Engels were somewhat focused on that concept for a while.

Worked well for them, eh?

(If I recall, Stalin studied these fellows).

Yeah.


First of all, I'm not really a Marxist. A sociopathic person (Stalin) or a sociopathic corporation (all of them) having too much power is a bad thing. The truth is the truth, however. To call employers, "job creators" simply because they have a corner on the resources to do so does not follow logically. It also does not make the actual employer necessary or useful. Capitalism breaks down when all the resources pigeon hole into the top minority, and that is what has happened. Socialism can and will break down as well... all of these systems can fail.

Anyway, you're dumb. Stalin, as evil as he was, made Russia a powerful empire. To blame his evil acts on Marxism is like blaming capitalism for Pinochet or Andrew Jackson. Or to put it in a context you can understand better, calling anti-smoking laws Nazi because Hitler did the same thing. The associations don't actually mean anything, and it's retarded propaganda. Go stack blocks.


I've been called worse.

(in reply to hmm1233)
Profile   Post #: 29
RE: High unemployment is a good thing - 10/14/2013 7:27:12 PM   
njlauren


Posts: 1577
Joined: 10/1/2011
Status: offline

quote:

ORIGINAL: bindme84


quote:

ORIGINAL: TheHeretic

That does seem to be the Democrat philosophy, doesn't it? Keep the economy in the toilet, keep as many people as possible completely dependent on government (say 47 million on food stamps) and the Democrats have voters who will be terrified to leave them...


To get all economic on this, the opportunity cost of keeping the economy "in the toilet" is that you don't have a good, thriving economy. I can't think of a legitimate reason for a politician to turn down an opportunity to brag about how the country's economy is thriving under their watch. It's the ultimate Get Re-Elected Free Card.

Depends on who is thriving, for example the bladder heads on fox business news and cnbc crow that the stock market and profits are at record highs,yet those are being enjoyed by very few people (primarily top 1%)..think is,the top 1% control elections,and they convince the boobs,especially the tea party, that the 1% enjoying their gains is going to make them rich,too.....the morons in this country,the ones behind the tea party stupidity,, are getting it up the ass without vaseline from the likes of the Koch bothers and saying thank you.

(in reply to bindme84)
Profile   Post #: 30
RE: High unemployment is a good thing - 10/14/2013 8:21:47 PM   
Arturas


Posts: 3245
Status: offline
quote:

I can't think of a legitimate reason for a politician to turn down an opportunity to brag about how the country's economy is thriving under their watch.


This depends on one's definition of a "thriving economy". The one used in this Administration is "creating jobs" rather than increasing the GDP growth rate from it's current dismal just over 2 percent and forecasted under one percent growth rate, and oh by the way, fulfilling the first term promise to bring most of our manufacturing back to the U.S.

I know, I know, some talk about a "new reality" as if it is about as good as you can get now so let's just give up and go on disability or something.

fuck that.

_____________________________

"We master Our world."

(in reply to bindme84)
Profile   Post #: 31
RE: High unemployment is a good thing - 10/14/2013 8:27:21 PM   
Arturas


Posts: 3245
Status: offline
quote:

Depends on who is thriving, for example the bladder heads on fox business news and cnbc crow that the stock market and profits are at record highs,yet those are being enjoyed by very few people (primarily top 1%)..think is,the top 1% control elections,and they convince the boobs,especially the tea party, that the 1% enjoying their gains is going to make them rich,too...


The stock market is doing well. Nothing wrong with that. My 401k likes that. I crow about that too. We all do. We who invest and there are lot more than 1 percent of Americans investing and crowing about our 401k increase. We should. It is good.

The top 1% control elections? Of course, Fox News, business or otherwise, never said that. I heard the radical and largely lawless occupy groups say that. You feel this is productive?

_____________________________

"We master Our world."

(in reply to njlauren)
Profile   Post #: 32
RE: High unemployment is a good thing - 10/14/2013 8:49:03 PM   
Arturas


Posts: 3245
Status: offline
quote:

How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.

The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?

I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.


Well. This all is dependent on a low pay service economy, a third world economy. In other words, most in the economy are working at low paying service jobs like flipping burgers or cleaning offices or farm work. The problem with that scenario is soon you run out of people who can afford to buy your burgers since your workers cannot afford them nor can anyone else's workers. Soon after that, you start to make burgers cheaper (notice every fast food place is hawking their cheaper menu?) so even your workers can afford them but lo and behold that lasts just a little while because you have to lay off a few to support the cheaper menu and everyone does that to compete and soon fewer people actually work and can buy your burgers or even drive to your burger place because they don't own a car (seen those walking families walking to Walmart now? I have.)

It's a downward spiral and anyone can see it will take courage and boldness and a return to a policy that protects our industry and our use of cheap energy resources to rebuild our manufacturing economy and our middle class rather than a policy of wealth redistribution though taxation. Without these steps wealth leaves and the doers leave and we are a country of non-doers, a country on disability, a third world country whose achievements now pale against what they were and what they will never be again.

_____________________________

"We master Our world."

(in reply to MrRodgers)
Profile   Post #: 33
RE: High unemployment is a good thing - 10/14/2013 8:58:15 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline

quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: MrRodgers


quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: MrRodgers

How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.

The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?

I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.

What's that you say...didn't slave have jobs ? Well, yes they did and look how well that turned out...for the slave owners...history's greatest profit center. I mean fuck the slaves, we are here to make some money and this means...more money and that's all that matters in the American society, right ? Well, I do have a point right ?


(It always amazes me, the opinions of those who don't create....and have never created a job).

The marketplace creates jobs and that marketplace must not only have demand (for many things it always does) but its customers must have the financial ability to fulfill that demand. Like I said and it is sadly true, to look to the corporations in particular...they have not created one new net job in the US since the 1950's.

BTW my demand in the economy from my income level, creates as many jobs as anybody's similarly positioned. There are no such 'things' or 'people' that create jobs.

If you know otherwise why don't you identify these job creators with good substantiation, we could all learn how to go out and create jobs.


I'll do my best to explain this concept to your employer.

Any job created by my employer (or any employer for that matter) was created by the demand for his product or service not out of some benevolent desire to just add another employee. Jobs are not created for some spiritual or emotional desire but only because of demand in the marketplace.

(in reply to LookieNoNookie)
Profile   Post #: 34
RE: High unemployment is a good thing - 10/14/2013 9:47:41 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: Arturas

quote:

How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.

The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?

I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.


Well. This all is dependent on a low pay service economy, a third world economy. In other words, most in the economy are working at low paying service jobs like flipping burgers or cleaning offices or farm work. The problem with that scenario is soon you run out of people who can afford to buy your burgers since your workers cannot afford them nor can anyone else's workers. Soon after that, you start to make burgers cheaper (notice every fast food place is hawking their cheaper menu?) so even your workers can afford them but lo and behold that lasts just a little while because you have to lay off a few to support the cheaper menu and everyone does that to compete and soon fewer people actually work and can buy your burgers or even drive to your burger place because they don't own a car (seen those walking families walking to Walmart now? I have.)

It's a downward spiral and anyone can see it will take courage and boldness and a return to a policy that protects our industry and our use of cheap energy resources to rebuild our manufacturing economy and our middle class rather than a policy of wealth redistribution though taxation. Without these steps wealth leaves and the doers leave and we are a country of non-doers, a country on disability, a third world country whose achievements now pale against what they were and what they will never be again.

I agree for the most part but society adapts in the nature of say like my family in the 20's...7 families in a 5 room row house. Streets not just adding but steaming with homeless. There was a time when the middle class didn't have cars, they were a specialty item until Henry Ford not only created his assembly line but raised pay and shortened hours. Still took years for those advantages for society as a whole to pursue cars.

A relative working all of his life didn't get a new car until 1940, some 30 years after Ford's breakthrough. Both of which increased demand and productivity and that's my point. Early post WWII productivity gains were shared 2/3 to investors, 1/3 to labor. Now it's 90% to investors 10% to labor. Thus it is the unemployment, competition from China and the reduced share of productivity gains that is creating a two class society in America...rich and poor.

That's also the high unemployment I sarcastically suggest...is a good thing.



< Message edited by MrRodgers -- 10/14/2013 9:49:07 PM >

(in reply to Arturas)
Profile   Post #: 35
RE: High unemployment is a good thing - 10/15/2013 6:18:00 AM   
Zonie63


Posts: 2826
Joined: 4/25/2011
From: The Old Pueblo
Status: offline
quote:

ORIGINAL: MrRodgers
I agree for the most part but society adapts in the nature of say like my family in the 20's...7 families in a 5 room row house. Streets not just adding but steaming with homeless. There was a time when the middle class didn't have cars, they were a specialty item until Henry Ford not only created his assembly line but raised pay and shortened hours. Still took years for those advantages for society as a whole to pursue cars.

A relative working all of his life didn't get a new car until 1940, some 30 years after Ford's breakthrough. Both of which increased demand and productivity and that's my point. Early post WWII productivity gains were shared 2/3 to investors, 1/3 to labor. Now it's 90% to investors 10% to labor. Thus it is the unemployment, competition from China and the reduced share of productivity gains that is creating a two class society in America...rich and poor.

That's also the high unemployment I sarcastically suggest...is a good thing.


My family has had a similar history. All of my grandparents were born to low income families on farms. They had very little cash, although at least they could eat since they grew their own food. They had houses they built themselves. My grandparents had it rough, but they worked hard and got through.

My parents came of age after World War II and had greater opportunities for education and advancement than their parents did.

It's interesting that, during WW2, America pretty much ran on a command economy. It makes me think that capitalism is something not unlike a parlor game - something to have as a luxury during fair weather, but when the going gets tough and national security is at stake, you can't really put all your faith in capitalism. Fact is, we had strict rationing and price controls, something considered very anti-capitalist. But at the time, it was necessary. And the post-war results clearly show that it worked quite well, as my parents both had the opportunity to attend college and enjoy a better life that my grandparents never had.

By the time I was born (1963), America was probably at her peak. We were on top of the world and could seemingly do no wrong. Our family wasn't rich by any means, but we still had a decent home in a peaceful neighborhood and we didn't even have to lock our doors. It seems that social and political issues were the important topics of the day back then, more important than economic issues, mainly because everyone was doing so well back then, relatively speaking. Real wages kept getting higher and standards of living were improving.

By the 1970s, diminishing returns set in and stagflation ensued. The energy crisis and the quadrupling of oil prices by OPEC threw a real monkey wrench into our economy. Rather than taking the necessary actions to adjust to a changing world, Americans flocked to the brand of heroin being pushed by Reagan and his followers.

And now, 30 years later, people are finally starting to come down from their high and wondering just what in the heck has been happening.


(in reply to MrRodgers)
Profile   Post #: 36
RE: High unemployment is a good thing - 11/9/2013 9:22:05 AM   
egern


Posts: 537
Joined: 1/11/2013
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quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: MrRodgers
How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.
The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?
I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.
What's that you say...didn't slave have jobs ? Well, yes they did and look how well that turned out...for the slave owners...history's greatest profit center. I mean fuck the slaves, we are here to make some money and this means...more money and that's all that matters in the American society, right ? Well, I do have a point right ?


There's the whole customer requirement, though. If someone is willing to work for $5/hr. why shouldn't they be allowed to?




Yet, how many really want to?

(in reply to DesideriScuri)
Profile   Post #: 37
RE: High unemployment is a good thing - 11/9/2013 9:25:05 AM   
egern


Posts: 537
Joined: 1/11/2013
Status: offline

quote:

ORIGINAL: RottenJohnny


quote:

ORIGINAL: MrRodgers
I agree and many do but acquiescing to the goals of the corporation puts govt. as [its] partner. The role of govt. as many intellects of the pass have tried to tell us is to reign in the power of the corporation from creating a pauper or slave labor society...it having and assuming no responsibility to do otherwise. We would still be killing people all over industrial America (and they still are far too often) and have 12 year old working 70 hour weeks for .10/hr.

If you want to bust up the govt/corp partnership, the best way is to invest in small businesses instead of the huge, multinational conglomerates.



Do they have a chance?

(in reply to RottenJohnny)
Profile   Post #: 38
RE: High unemployment is a good thing - 11/9/2013 9:28:29 AM   
egern


Posts: 537
Joined: 1/11/2013
Status: offline

quote:

ORIGINAL: DesideriScuri

If someone is willing to work for less than the "minimum wage," why can't he or she voluntarily enter into an agreement to do so?



Because no one is willing to do so. You only do it if there is nothing better to be had, for example something you can live on.

(in reply to DesideriScuri)
Profile   Post #: 39
RE: High unemployment is a good thing - 11/9/2013 9:44:53 AM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: egern
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: MrRodgers
How's that ? Well, the corporation being charged with the fiduciary responsibility to maximize profits, would then be able to reduce payroll. Payroll is among the corp's. highest expenses so.....? The company could reduce its search for communist slave labor, reducing costs even further.
The highest possible unemployment would be a great profit center and a win-win situation. Well, win for the corp., win for the investors but not such a win for labor but then...who cares about them ?
I mean think about it, 20-25% unemployment would have say 8000 people applying for one $12.50/hr. janitorial position. Well, wait...we already have that. So then why not offer say $9/hr or hey, yea, that's the ticket...reduce all jobs to minimum wage and that way we could get back down to say 15% unemployment.
What's that you say...didn't slave have jobs ? Well, yes they did and look how well that turned out...for the slave owners...history's greatest profit center. I mean fuck the slaves, we are here to make some money and this means...more money and that's all that matters in the American society, right ? Well, I do have a point right ?

There's the whole customer requirement, though. If someone is willing to work for $5/hr. why shouldn't they be allowed to?

Yet, how many really want to?


Doesn't matter. Do you want to work for $10/hr., $20/hr., or $1000/hr.? If I'm willing to work for $5 and the employer offers $10, bet your ass I'm accepting the $10.

If you're willing to work for a wage, you don't have to want to work for that wage.

_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to egern)
Profile   Post #: 40
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