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[…] the original post: Thoughts to ponder…. Tags: new format Category: 2010 Elections You can follow any responses to this entry via RSS. […]

Alien
Member
Alien
February 8, 2013 3:18 pm

This nags me:

Is Obama’s economy bad, with rampant, increasingly structural unemployment/underemployment & businesses lacking incentives to hire?

Or do people need to just get up off their asses and get jobs?

I tend to think you have to hang your hat on one or the other. Then again, is it a positive feedback loop? Welfare destroys incentives to work, government loses taxbase and drives up debt, consumption falls, and each condition feeds the other? In other words, Obama and Crowley can be blamed simulataneously? (don’t mean to be mean to Crowley, but both he and Obama obviously catch the flak here)

Sidekick
Member
Sidekick
February 8, 2013 4:49 pm

Came across a book about banking and quickly downloaded it.  Anyway, in it, there is a bit that argues that there are only two types of unemployed. The first are those unwilling to work at the prevailing wage and the second are those who are legally prevented from working at the prevailing wage due to various minimum wage laws and union contracts. I take that to mean that government could eliminate perhaps as much as 50% of unemployment if they would just let the labor markets work. Never happen of course.

jcrowley1985
Member
jcrowley1985
February 8, 2013 5:00 pm

What about those that Corporate Greed refuses to hire at any wage because they want all the money for themselves. Nothing beats the slave wages of China.

Sidekick
Member
Sidekick
February 8, 2013 5:10 pm

Ummmm, no, enterprises need labor when demand for what they do requires it. Nice try. Enjoy life in the first condition that I listed.

jcrowley1985
Member
jcrowley1985
February 8, 2013 5:33 pm

In a time of globalization and automation, there is a shrinking need for labor and one day Corporate Greed will no longer need to burden with hiring employees at all.

Sidekick
Member
Sidekick
February 8, 2013 5:48 pm

By that rationale, the industrial revolution should have resulted in widespread unemployment, we’d still be protecting the buggy whip industry, and zero innovation would occur as guaranteeing employment would be the overarching objective rather than creating wealth and facilitating the voluntary exchanges of goods and services while continuously improving in every sector as a byproduct of a competitive free market. Dammit, you must learn something sometime.

Alien
Member
Alien
February 8, 2013 6:19 pm

Creative destruction worked fairly quickly in the industrial revolution. Relative lack of globalization allowed for replacement industries to arise in a more convenient fashion for the bulk of displaced labor force. Its easier to follow a job to California then to China. Globalization has altered the manner in which creative destruction plays out in regional and national economies.

It is fairly certain that distributed fab tech will trigger a slow unpacking of the massively scaled Chinese manufacturing industry. But its taking a long time. And there’s no guarantee that anything like the number of buggy whip crafters that got hired on by exploding automobile industry will be rehired in this paradigm shift. I guess i’m cautiously optimistic, but this is difficult to predict based on the past, because of all the new dynamics at play

Sidekick
Member
Sidekick
February 8, 2013 6:28 pm

The outsource and now insource of work is the natural ebb and flow..it just happens to be international rather than interstate or intercity. Chinese labor is becoming more expensive as is the cost of shipping. For example, the furniture manufacturing industry is coming back to NC for these reasons. Textiles will follow in order to cover all of that furniture. People are not out of work in the numbers that we see today because there are no jobs. Total effing myth. See my comment above. You also touched on it as the government pays people to stay home.

flashingscotsman
Member
February 8, 2013 9:39 pm

Crowley and Obama have the same kind of ignorant mindset. Didn’t Obama say something about ATM machines eliminating teller’s jobs? Of course, he’s too stupid to look at the multitude of skilled jobs that went into the design and manufacture of the machine.

Joe
Member
Joe
February 7, 2013 8:19 pm

The philosophical implications of this post may be endless.

This person created nothing and because he or she created nothing no one knows the Authors name. This can be used in schools to teach children that if they want to go through life unknown; create nothing, do nothing, and be unknown to anyone but yourself, but even then you may not even know yourself because you’ve done nothing to define yourself. Then the case can be made that no one can be happy if they don’t define themselves, and children can be motivated to do something productive with their lives, or be nothing but an unknown Author of unknown work.

Progressive Hemrrhoid
Member
Progressive Hemrrhoid
February 7, 2013 2:13 pm

And just what is the unknown? Are you trying to establish that we are all Xenophobes? Or just trying out the same trick the Government uses on the low information voters?

ooddballz
Member
ooddballz
February 7, 2013 2:07 pm

Just seemed like the right place for this.

Why do supermarkets make the sick walk all the way to the back of the store to get their prescriptions while healthy people can buy cigarettes at the front?

Why do people order double cheeseburgers, large fries, and a diet coke?

Why do banks leave vault doors open and then chain the pens to the counters?

Why do we leave cars worth thousands of dollars in our driveways and put our useless junk in the garage?

EVER WONDER…

Why the sun lightens our hair, but darkens our skin?

Why can’t women put on mascara with their mouth closed?

Why don’t you ever see the headline ‘Psychic Wins Lottery’?

Why is ‘abbreviated’ such a long word?

Why is it that doctors and attorneys call what they do ‘practice’?

Why is lemon juice made with artificial flavoring, and dish washing liquid made with real lemons?

Why is the man who invests all your money called a broker?

Why is the time of day with the slowest traffic called rush hour?

Why isn’t there mouse-flavored cat food?

Why didn’t Noah swat those two mosquitoes?

Why do they sterilize the needle for lethal injections?

You know that indestructible black box that is used on airplanes? Why don’t they make the whole plane out of that stuff??

Why don’t sheep shrink when it rains?

Why are they called apartments when they are all stuck together?

If flying is so safe, why do they call the airport the terminal?

flashingscotsman
Member
February 8, 2013 9:18 am

Why do we drive on parkways and park in driveways?

Not so silent
Member
Not so silent
February 8, 2013 12:59 pm

Why is there always just one shoe in the roadway? Where do all the other shoes go….

poppajoe49
Member
poppajoe49
February 8, 2013 7:43 pm

Still on the body that the coroner took away.

flashingscotsman
Member
February 8, 2013 9:32 pm

When I was 16, and literally got ran OVER by a ’73 Gran Torino doing 55, one of the memories that sticks in my mind was sliding down the asphalt on my ass, backwards, and seeing my left shoe bouncing along beside me.

poppajoe49
Member
poppajoe49
February 9, 2013 3:29 am

Jeez! Someone was really out to kill you, weren’t they?
And I thought I had a lot of close calls!

jcrowley1985
Member
jcrowley1985
February 7, 2013 8:16 am

Corporate Greed took this post away.

Elrond Hubbard
Member
Elrond Hubbard
February 7, 2013 8:27 am

Hey crowley, for once, try saying something insightful, original and intelligent; not your usual parrot squawks.

Not so silent
Member
Not so silent
February 7, 2013 11:55 am

The empty box, the perfect analogy for Crowley’s thought process…..

poppajoe49
Member
poppajoe49
February 7, 2013 8:57 pm

Crowley and Obama, sharing a brain.

drb
Member
drb
February 7, 2013 8:14 am

I’m drawing a blank.

JPTravis
Member
February 7, 2013 8:09 am

Discuss.

Elrond Hubbard
Member
Elrond Hubbard
February 7, 2013 7:59 am

Winter in Wisconsin?

Bonfire of the Absurdities
Member
February 7, 2013 7:41 am

Is this a post about Obama’s books?

poppajoe49
Member
poppajoe49
February 7, 2013 8:56 pm

His wisdom.

mojo
Member
mojo
February 7, 2013 7:32 am

Very minimalist.

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