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Thread: Where Will the Jobs Come From?

  1. -1
    BAMAPHIN 22's Avatar
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    Where Will the Jobs Come From?

    Now that old economy didn't work very well when it was growing. We lost high wage manufacturing jobs during the supposed "recovery" under Bush.

    Most Americans lost ground even while the economy was expanding. Household debts reached new highs. Inequality soared to Gilded Age extremes.

    But now we can't even get back to that performance. Americans have lost some $13 trillion in assets. They are tightening belts, trying to pay down debts, terrified as jobs are lost, hours cut, benefits slashed. Consumers won't drive the US economy, much less the world's. And businesses aren't investing because consumers are cutting back. They are increasing profits by laying off workers and cutting back expenses. States and localities are headed into severe layoffs of teachers and police. The economy isn't going to be buoyed by soaring exports to a world in recession. The only thing holding the economy up now is the deficit financed stimulus plan and the automatic stabilizers like food stamps and unemployment benefits.

    Where will the jobs come from? Wall Street can produce another bubble, but that won't put the 15 million without jobs to work, one third of which have been out of work for at least six months.
    http://www.realclearpolitics.com/art...rom_98811.html#
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    SnakeoilSeller's Avatar
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    The article is crap. Small businesses are too worried now to increase labor, especially not knowing how the health care reform is going to effect them. You want the United States to prosper, cut taxes! You want the US to really prosper, change the tax code completely. Scrap it and go to a consumption tax or the Fair Tax. That would make the United States the most tax friendly country in the world, jobs would move here instead of oversees. Second, if we really want financial growth and freedom we need an energy policy that will finally make us independent. Drill here, drill now. The technological advances over the past couple of years in oil shale and oil sands is staggering. By drilling here now, the price of oil would instantly drop, creating an actual stimulus (not the pretend one passed in February) for the American people. Not to mention the good high paying jobs it would create. These 2 simple things could be easily achieved and would do more for the United States economy than any social or spending program instituted by our Government.
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    Tetragrammaton's Avatar
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    It is an assumption to even think jobs will come back. We are going to pay for some time for the silly idea that you could compete with markets that paid their employees next to nothing, and if that did not work, we could allow the manufacturing to move elsewhere and be fine. While European countries figured out that spending on subsidies would pay for itself and then some, we continued down the same path.

    If Obama would get serious about green jobs, high speed rail, infrastructure rebuilding, and a multitude of issues that he was elected to address, there would be some progress. Eventually though, the country will have to figure out how to have a rational response to trade deficits, whether it is through subsidies or through slave labor.
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    Dolphan7's Avatar
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    I think the article does bring up a good point. Consumers are cutting back. Based on that they won't grow the economy. They may stabilize it, but growth needs to come from somewhere else.

    Players come and go, but I will always be a Miami Dolphins Fan first and foremost.




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    MoFinz's Avatar
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    The government is the only place hiring right now. Pretty soon, maybe we will all work for our government....that's right folks, our tax dollars will be used to pay ourselves to do Governments good works.

    Look at it this way...we will all be self-employed


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    Dolphins9954's Avatar
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    I think it's the wrong assumption to think government creates jobs. People do. Private and small business are the one's that create jobs. And the less red tape and taxes we put on them would only be a huge benefit in job creation. Try owning your own business. It's insane when it comes to taxes and regulations. I had my own company at one point. You had to incorporate, have worker's comp, liability insurance along with a crap load of red tape. That usually requires paying a lot of money in fees and taxes. All this before you even hire someone. And when you do you have to go through the whole process all over again. And when an employer is required to pay for all this red tape and taxes. It's reflected on the worker's paycheck and makes hiring new people impossible. Get the government out of the pockets of small business. That's one solution.

    We need more production in this country and have to stop relying on Chinese slave labor. The Chinese have that advantage. But one thing they don't have is quality products. America used to be the leader in quality production. Everyone wanted to buy our products and we were the world leader in production. Along with many Americans employed making good wages. We used produce and buy our own products and save money. Those days are long gone.

    One way to give production a lift in this country. Legalize weed. One thing America is good at is growing some good pot. If we legalized, produced and sold it. It would create more jobs than any trillion dollar stimulus spending spree. Not to mention all the other uses for hemp such as paper, rope, clothes etc. It would create the real green jobs.





    "Politics is the Art of Looking for Trouble, Finding it Everywhere, Diagnosing it Incorrectly, and Applying the Wrong Remedies"
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    JamesBW43's Avatar
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    Quote Originally Posted by WaywardZest View Post
    It is an assumption to even think jobs will come back. We are going to pay for some time for the silly idea that you could compete with markets that paid their employees next to nothing, and if that did not work, we could allow the manufacturing to move elsewhere and be fine. While European countries figured out that spending on subsidies would pay for itself and then some, we continued down the same path.

    If Obama would get serious about green jobs, high speed rail, infrastructure rebuilding, and a multitude of issues that he was elected to address, there would be some progress. Eventually though, the country will have to figure out how to have a rational response to trade deficits, whether it is through subsidies or through slave labor.
    This is effectively the point I was going to make. We may never get our manufacturing jobs back. Manual labor goes to where it is cheap. If the United States wants to keep its high standard of living, we are going to have to invest in our intellectual capital. We need to dramatically improve our education and we need to invest in our infrastructure to help.

    I think this article is great, and calls for a lot what we need, but I fear it will fall on deaf ears, as we still have far too many in this country, particularly in Congress, who foolishly refuse to accept the fact that today's perversion of supply side economics doesn't work.
    Not every human is a manipulative, opportunistic, letch... or at least that's what I'm told.
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    I think more green energy is good. But don't rely on that for jobs. Ask Spain how the green jobs worked for them. Their the leaders of green jobs in Europe. But also have one of the highest unemployment rates. Almost double than ours.
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    jared81's Avatar
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    Quote Originally Posted by Dolphins9954 View Post
    I think more green energy is good. But don't rely on that for jobs. Ask Spain how the green jobs worked for them. Their the leaders of green jobs in Europe. But also have one of the highest unemployment rates. Almost double than ours.

    the green job movement was never about creating wealth, its about punishing those that have it.
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    Tetragrammaton's Avatar
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    Quote Originally Posted by Dolphan7 View Post
    I think the article does bring up a good point. Consumers are cutting back. Based on that they won't grow the economy. They may stabilize it, but growth needs to come from somewhere else.
    That is one of the biggest obstacles. While unemployment seems to have stabilized (.1% average raise for four months) people are still shell shocked and afraid that they could be next. All of the sudden that new car or television is not worth it if you will have to let the collection agency take it back when you get laid off.
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