Comments on: Jobs fail http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Dahc http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27485 Thu, 09 Jun 2011 16:54:53 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27485 Unemployment is well above 9.1

]]>
By: sophiewonderful http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27481 Thu, 09 Jun 2011 12:46:15 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27481 MMM1954…how I enjoyed your posting. My two grandsons were college educated…one in Ivy League schools and the other in a Community College. Of the girls, one has her Master’s in Education and the other two just ‘plain’ college. I do not see it is an absolute necessity myself. There are NO jobs that will enable those kids (or their parents) to pay back the college tuitions in a manner that allows them to have anything but bare bones living conditions. I had a little college but was mostly self-taught and I made out a heck of a lot better than any of them financially. Acquacalc is right too. More dead wood being swept in with the tides of each election, whether local or national. This society seems to be turning into a clear example of Darwin’s postulation…the survival of the fittest and also the opportunists. And it certainly is a dog-eat-dog society, as Quatermass points out. Pathetic. Maybe we should bring our jobs back to the U.S. instead of outsourcing them to third world countries and trying to be everyone’s savior. Yes, we are our brothers’ keepers, but charity begins at home.

]]>
By: racinrick http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27401 Tue, 07 Jun 2011 00:37:52 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27401 hsvkitty, I am very familiar with our tax history. What you describe as “pay less” for democracy I see has high dollar rent and regulation. No more simple than that. Perhaps you would see things differently if you handed over 200K per year, watch it spent foolishly, knowing that that 200k would have made all the difference to grow without having to borrow again. Yes, I must borrow to pay my taxes. You obviously have never employed anyone, it is glaringly obvious. If and when you do, look me up then and I’ll give you some pointers. Whine all you want about how we need the social programs so badly….for the same people who pay no taxes. You need to educate yourself who does pay taxes, and realize that it is voluntary to a degree…producers can then decide if they want to be hoarders or producers…read the papers…Hiring on strike ring a bell?..the extapolative result? That’s when you will have the mass turmoil you rave about. The problem with your line of thought is that you take for granted and assume those who produce jobs will always be there. Not ever having given anyone a job, it’s rather easy to assume it will go on and on.

@Noblekin: The Tea Party IS middle class. Where have you been?

]]>
By: NobleKin http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27393 Mon, 06 Jun 2011 19:03:30 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27393 @racinrick & @harleyguy

What America have you been living in the past decade?

The Great Recession began in 2007 (under Bush) and was a perfect storm of horror for the economy and our financial system…and the structural issues largely remain to this day. The only reason the economy has remained afloat has been stimulus spending…and when that goes away?…

This is in spite of record low taxes.

Taxation in America is the price we pay for our civilization. We’ve seen a huge drop in federal taxes over the past decade to the lowest level since before WWII and the corporate tax rate is the the same as it has been since 1986 when it was passed by Reagan and Co.

Yet in this decade we’ve had two wars, an expansion of government…TSA & ICE, etc. Medicare Part D and non-war military spending and you talk about income envy versus responsible revenue generation?

Please take the time to review the tax history from WWII forward for some perspective on where we are today. We have never been asked to pay less for our Democracy…and by the looks of it, we will see our civilization continue to decline…crumbling bridges, roads, cities, education, healthcare, retirement age financial stability…

People who make more have more to protect. If we go the way of many third world countries without a middle class, so too will go the security of those who fail to see why America’s brand of social welfare has proven successful in supporting the health of our democracy.

Without a middle class, America will cease to exist as we know it today…

Support the Tea Party/Neo-con-artist version of America, and this is exactly what you will get.

]]>
By: Quatermass http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27390 Mon, 06 Jun 2011 17:10:57 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27390 Corporations are sitting on mountains of cash and are making record profits. CEOs make 24% more in 2010 than in 2009, and on average make $9M/year. But is this “capitalism”? Outsourcing continues unabated, which means that unemployment/underemployment will never go down. Why should it? In this vicious dog-eat-dog society, there is no incentive to actually add to the payroll when you have what is effectively a slave-labor market. Both political parties have been adroit in dazzling the rubes and bumpkins with distractions while funneling every-greater pieces of the pie to the oligarchy. The only real solution is to eat the rich.

]]>
By: TFF http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27385 Mon, 06 Jun 2011 15:10:54 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27385 Harleyguy, my solution to the problem is the same as it was in 2000-2002. Bite the bullet, buckle down, and recognize that our global economic empire is fading. Retrain, retool, accept a little less material consumption for a while, and start working back towards self-sufficiency.

Instead we have another decade of college graduates who are good for nothing but marketing and sales. Who will invent and manufacture the products for them to market and sell? (And what do you expect to happen when you allow Wall Street to grow until it represents 25% of the S&P500 profits? Wall Street produces **NOTHING**.)

The answer is the same, but the problem (and thus the pain) is twice as bad today as it was a decade ago. Tough luck — that is usually what happens when you ignore serious problems.

]]>
By: Harleyguy http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27380 Mon, 06 Jun 2011 14:08:14 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27380 ADDENDUM to 10:06 AM EDT note: intended last sentence to say “…and make a substantive effore to find a solution to the problem”. Sorry for the oversight.

]]>
By: Harleyguy http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27379 Mon, 06 Jun 2011 14:06:30 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27379 I am really disappointed. I just read every one of the posts in this spool (again) and, with the exception of the quality of spelling, sentence structure and lack of profanity, the quality of input here is no better than any you see on stories about religion, abortion, or any thing else. It doesn’t take a very intelligent person to look at something that’s broken and recognize there’s a problem and, usually, identify what caused the problem. BUT. It is significant and noteworthy to see someone suggest a viable fix for the problem. How about you educated folks quit the whines, the fingerpointing and the revisionist history and make a substantive effort to find a problem?

]]>
By: Harleyguy http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27377 Mon, 06 Jun 2011 13:34:47 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27377 When you tax, tax, tax those who succeed (i.e., punish those folks for success), then pile on a horrid unfathomable mess called Obamacare, then talk about making the “rich” pay more taxes (under the guise of “their fair share”) do you really expect those folks to be motivated to expand their businesses and hire more people? For years the unending labor union demands for more and more and more, coupled with the gradual intrusion of government regulations and increasing taxes have encouraged any forward-thinking businessman who could afford to do so to take his business out of country. To make this a recovery where jobs are actually increased (1) incentivise businesses to return to the US by tax forgiveness, temporary deferral or reduction, (2) create a guest worker program to help the illegal alien problem and provide employment for personnel on the lower end of the pay scale, (3) stop looking at American businesses and their owners as national ATM’s. It won’t take 10 years; just a politician who believes in Capitalism.

]]>
By: racinrick http://blogs.reuters.com/felix-salmon/2011/06/03/jobs-fail/comment-page-2/#comment-27369 Mon, 06 Jun 2011 03:01:45 +0000 http://blogs.reuters.com/felix-salmon/?p=8538#comment-27369 @hsvkitty: We can agree on one thing, and that is your point regarding plutocracy….it’s already here, and I am aware of it. That is why the tax policy suggestion I made will never pass…because it would be somewhat flexible. Your suggestion of “banks policing themselves” is hardly relevant. Envy is already the problem…everything I have is subjected to taxes because of envy of my success.

]]>