High unemployment is a good thing (Full Version)

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MrRodgers -> High unemployment is a good thing (10/9/2013 8:00:14 PM)

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 ?




TheHeretic -> RE: High unemployment is a good thing (10/9/2013 8:12:14 PM)

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...




Phoenixpower -> RE: High unemployment is a good thing (10/9/2013 8:21:33 PM)

...aaaaand on top of that even TV programmes in other countries have debates about your country[:)] Hey....the US could become popular in the end[8|] I mean...that's what often happens when a subject is talked about on TV...right?!




DesideriScuri -> RE: High unemployment is a good thing (10/9/2013 8:50:05 PM)

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?




MrRodgers -> RE: High unemployment is a good thing (10/9/2013 10:10:16 PM)


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...

This is non-partisan but economic reality, especially given the purpose and function of the corporation. The corporate business community has the same goals and desires resulting in higher profits irrespective of the party in power or politics of the time.




SerWhiteTiger -> RE: High unemployment is a good thing (10/9/2013 10:13:52 PM)

It's a good thing for the rich, as it drives the price of labor down. It's not a good thing for society.

On the other hand, if it gets too high, the people revolt. Bodies > money.




MrRodgers -> RE: High unemployment is a good thing (10/9/2013 10:16:20 PM)


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?


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.




MrRodgers -> RE: High unemployment is a good thing (10/9/2013 10:20:09 PM)


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...


This is non-partisan, corporate economic reality, especially given the purpose and function of the corporation. The corporate business community has the same goals and desires resulting in higher profits irrespective of the party in power or politics of the time.

It's just ok to save money, i.e.,increase profits even if such money saving shortcuts results in blowing 11 people off oil platforms, burying them in coal mines and blowing up petro plants.




bindme84 -> RE: High unemployment is a good thing (10/9/2013 10:25:14 PM)


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.




Owner59 -> RE: High unemployment is a good thing (10/9/2013 10:47:07 PM)

He`s still sore about his favorite politician bush getting tagged with all the economic damage and the scandals and letting bin-laden get away etc.....



It`s going to take a while to process through all that.....




TheHeretic -> RE: High unemployment is a good thing (10/9/2013 11:01:34 PM)


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.



And corporations are in love with shit economies. They can pay less and less for labor to make products no one can afford to buy.




RottenJohnny -> RE: High unemployment is a good thing (10/9/2013 11:02:13 PM)


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.




bindme84 -> RE: High unemployment is a good thing (10/9/2013 11:16:03 PM)


quote:

ORIGINAL: TheHeretic

And corporations are in love with shit economies. They can pay less and less for labor to make products no one can afford to buy.


No, corporations are in love with outsourcing manufacturing to countries like China. The US economy has evolved past a reliance on manufacturing. Corporations want the economy to be strong so that their stock values increase and people can afford to buy their shit.




MrRodgers -> RE: High unemployment is a good thing (10/10/2013 3:25:59 AM)

quote:

ORIGINAL: bindme84


quote:

ORIGINAL: TheHeretic

And corporations are in love with shit economies. They can pay less and less for labor to make products no one can afford to buy.


No, corporations are in love with outsourcing manufacturing to countries like China. The US economy has evolved past a reliance on manufacturing. Corporations want the economy to be strong so that their stock values increase and people can afford to buy their shit.

No economy evolves past the need for manufacturing. If you don't make anything you are going nowhere unless you are blessed with very profitable commodities like oil. Notice how the economies that have no commodities and no manufacturing rely upon tourism, or gambling or lax banking laws etc. Even still, most workers are very poor.

Stock maintaining or increasing in value specifically because the corp. is holding wages down and your implication that people can buy shit because of a high stock price is not even close. The richest 1% own around 50% of the stock while the poorest 50 % the bottom half own 1% of stock.




DesideriScuri -> RE: High unemployment is a good thing (10/10/2013 6:19:55 AM)

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?




JeffBC -> RE: High unemployment is a good thing (10/10/2013 6:38:58 AM)

quote:

ORIGINAL: RottenJohnny
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.

Uh... you might like sleight of hand tricks. I tend to be more direct. If I wanted to bust up the love affair between corporations and government I'd go for the jugular.

A) All campaigns publicly funded, no private funding at all... not for candidates and not for issues.
B) Reinstitute journalism laws. Strengthen them to require very clear labeling.

That'd go a long way right there. Obviously, neither party wants to do that.




bindme84 -> RE: High unemployment is a good thing (10/11/2013 12:28:01 AM)


quote:

ORIGINAL: MrRodgers

No economy evolves past the need for manufacturing. If you don't make anything you are going nowhere unless you are blessed with very profitable commodities like oil. Notice how the economies that have no commodities and no manufacturing rely upon tourism, or gambling or lax banking laws etc. Even still, most workers are very poor.

Stock maintaining or increasing in value specifically because the corp. is holding wages down and your implication that people can buy shit because of a high stock price is not even close. The richest 1% own around 50% of the stock while the poorest 50 % the bottom half own 1% of stock.


Information and technology drives the United States economy these days, not manufacturing. It's a part of the puzzle, just not the biggest piece anymore. And it's a good thing it's not the centerpiece, because they'd have serious trouble competing with nations who pay slave wages.

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.




RottenJohnny -> RE: High unemployment is a good thing (10/11/2013 10:34:39 AM)


quote:

ORIGINAL: JeffBC

quote:

ORIGINAL: RottenJohnny
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.

Uh... you might like sleight of hand tricks. I tend to be more direct. If I wanted to bust up the love affair between corporations and government I'd go for the jugular.

A) All campaigns publicly funded, no private funding at all... not for candidates and not for issues.
B) Reinstitute journalism laws. Strengthen them to require very clear labeling.

That'd go a long way right there. Obviously, neither party wants to do that.

Sure...if you really think you'll be able to shove that down their throats without a fight. But as you admitted yourself, neither party wants to do that. So, you have to apply your influence where you have it...their stock value. The problem is convincing enough of the public to get on board with the idea.




LookieNoNookie -> RE: High unemployment is a good thing (10/11/2013 4:53:07 PM)


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).




MrRodgers -> RE: High unemployment is a good thing (10/12/2013 6:19:08 PM)


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.

Well what they (on the right) don't realize or they do and are part of the problem or simply don't care, is by every economic measure...the country has done better under dem govts. than repub govts. The numbers don't lie and no I don't count Obama because speaking of the toilet...the right like typical economic janitors they are...put us there.




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