Comments on: The unequal reality of Friday’s jobs report http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: matthewslyman http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65972 Tue, 06 Nov 2012 14:28:30 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65972 Excellent, thank you.

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By: tmc http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65782 Mon, 05 Nov 2012 12:51:32 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65782 Hey JP007, I think they are trying to create markets. American industry has been doing this since Nixon. Trying to “open up” the Asian markets. You see, our current capitalistic model requires continuous growth to succeed. Haven’t you heard the management term “If you’re not growing, you’re dying”. It was obvious as far back as the 70s that new markets would have to be created in Asia as the American and European markets were quickly becoming saturated. Monopoly laws were changed, financial and other regulations removed, all to keep the “engine” going. Finally the cold war ended and the real economic “chilled” wars begin. Until the inevitable formation of real global organizations occur and a single world currency and financial system adopted, these “Chilled war” skirmishes over exchange rates, labor laws, and environmental laws will continue.

And why not? In the last 30 years hundreds of millions of people have been lifted out of poverty due to globalization. At what cost? A 10-15 % unemployment rate in the wealthy countries. If “getting our jobs back” means that several hundred million people have to go back to abject poverty, I say no, keep the jobs, no one is starving in economic countries.

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By: BenGazhee http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65662 Sun, 04 Nov 2012 15:35:22 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65662 I am so hurt that 14% of blacks are unemployed during a time when blacks have more power than ever. It is a testament to the Democrat plantation failure.

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By: JP007 http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65581 Sun, 04 Nov 2012 07:35:37 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65581 Here’s the seldom stated fixed barriers to sustainable employment in the USA.

1)Labor law parity. Exactly how does anyone think that importing goods from low labor standard countries while requiring high labor standards in the US is anything but treason against US Citizens?

2)Business law parity. Exactly how does anyone think that importing goods from low tax, industrial subsidizing countries while requiring US companies to follow punishing tax rules is anything but treason against US companies employing US Citizens?

[Note to stupid economists, politicians and traitors; “Free Trade” has nothing to do with case 1) or 2) above.]

The US must first stop the lawyers and politicians who craft(ed) defective trade treaties that do not address the reality of case 1&2, and secondly reverse, abrogate or otherwise correct the high treason that continues to be perpetrated upon the citizens of these United States.

A couple of examples: The US is the only western nation with punitive Depreciation laws on capital investment by US companies operating in the US. This alone is enough to ruin employment in the US.

More than half the products that could be exported from the US cannot since our trading “partners” make them illegal for import to their countries. While the US stands by and allows anything to come in such as, tainted food from China, defective steel from any nation, counterfeit pharmaceuticals from China, etc.

Every jack ass economist, lawyer, politician, voter and US Citizen has only themselves to blame for allowing a completely skewed labor, legal and business framework to devolve to the point that the US will cease to exist due to the pure and simple traitorous acts of the US Government, with and without the approval of the US tax slaves.

Talk ’till you’re blue or red, nothing will get better until both item 1 and 2 above are fully symmetrical between the US and its’ “trading partners.”

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By: Paideia http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65565 Sat, 03 Nov 2012 19:04:45 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65565 Why aren’t people talking about the elephant in the room?

The US has pursued since 1965 a policy of high-volume, low-skill immigration. What do we have to show for it?

50 million hispanics, who underperform consistently, even after several generations, in education, in taxes paid, and even in English. Asians do way better. Naturally, it has nothing to do with racism and everything to do with ethnicity and culture.

We need to move away from this and to low-volume, high-skill immigration. If America wants to remain the economic engine of the world, we must lure to our shores the best talent and best educated workers in the world.

On the same token, we MUST end illegal immigration. We must revoke Visas and work-permits, Green-cards and so on for the millions of low-skill laborers here in the US until low-skilled Americans have unemployment levels down to 2 percent. That means Blacks especially. Because then their wages will increase.

This means no US citizenship for the children of illegals, this means deporting illegals, and sending immigrants home. If you are not willing to push for this, you are not serious about restoring American prosperty for ALL Americans, not just those at the top of the food chain.

Bring the hispanic share of the population down from 17 to 10 percent, and I guarantee we will end unemployment as an issue, save hundreds of billions of dollars annually, and ensure sound management of our economy for decades to come as Democrats will be forced to be more fiscally responsible and pander less to those who would take from others what they themselves are unwilling to do or work for. It would benefit most of all our nations blacks, to whom we have our first and most important responsibility, as they are as American as the rest of us, and deserving of preferential treatment over waves and waves of immigrants.

This is the only sustainable solution. Get on it.

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By: DrDuude http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65558 Sat, 03 Nov 2012 15:20:37 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65558 While its true the globalization of the world work force and the introduction of robotics have changed the work environment. But its also intellectually dishonest to say this is why our unemployment rate is as high as it is. We haven’t seen a sudden change in either globalization or robotics. This has been a long term trend. We were at 4.7% unemployment nationally on January 1, 2007. To make matters much much worse is our participation rate was 66% back in 2007. If we had the same participation rate today as we had in 2007 we’d be at 10.5% unemployment today due to our growing work force.

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By: Noirswann http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65556 Sat, 03 Nov 2012 14:29:45 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65556 “You could make a persuasive case for that – after all, if people are being paid not to work, why not instead pay them to work,” Whoa, your progressive faction has a melt down with this excellent logic. Witness President Clinton who now disowns his effective 90’s policies that took people off the dole and into work.

“An honest approach to jobs would cease to discuss the problems as a ubiquitous crisis.” Whoa again, you dare to propose treating people differently because they are unequal . . . heresy to the progressive world view!

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By: jkk1943 http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65551 Sat, 03 Nov 2012 12:56:07 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65551 I keep hearing the comment that there is no recession for those with college degrees. While this is statistically correct in the aggregate it leads one to the false conclusion that getting a college degree- any college degree- in the present will assure a good career in the future. I received my college degree in liberal arts in the 1970’s and was able to establish and keep a job in industry like millions of my contemporaries. During this recession the average rate of unemployment or underemployment for kids with generic college degrees in between 40-50%. Temporary? I don’t think so. Industry no longer needs legions of middle managers and data crunchers like they did in the post war era. The future belongs to kids with degrees in science, math, engineering and technology. It also belongs to skilled mechanics, craftsman and repair technicians far more so than graduates in political science, gender studies and liberal arts.

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By: jkk1943 http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65550 Sat, 03 Nov 2012 12:54:19 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65550 I keep hearing the comment that there is no recession for those with college degrees. While this is statistically correct in the aggregate it leads one to the false conclusion that getting a college degree- any college degree- in the present will assure a good career in the future. I received my college degree in liberal arts in the 1970’s and was able to establish and keep a job in industry like millions of my contemporaries. During this recession the average rate of unemployment or underemployment for kids with generic college degrees in between 40-50%. Temporary? I don’t think so. Industry no longer needs legions of middle managers and data crunchers like they did in the post war era. The future belongs to kids with degrees in science, math, engineering and technology. It also belongs to skilled mechanics, craftsman and repair technicians far more so than graduates in political science, gender studies and liberal arts.

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By: DifferentOne http://blogs.reuters.com/great-debate/2012/11/02/the-unequal-reality-of-fridays-jobs-report/#comment-65546 Sat, 03 Nov 2012 05:00:51 +0000 http://blogs.reuters.com/great-debate/?p=15199#comment-65546 Since 2000, America has lost roughly 2.8 million jobs and 50,000 businesses to China. This is largely because China’s dictators manipulate their currency to achieve an unfair advantage in world trade, and thereby retain their grip on power.

If we want those manufacturing jobs back, we’ll have to persuade China to allow the yuan to float freely, so that it will trade at a higher price, more in line with its true value. This would make American goods more price-competitive, thereby stimulating the US manufacturing sector.

Romney has promised to “get tough on China”, but he would cause even more harm by favoring the ultra wealthy at the expense of the middle class, widening the gap between rich and poor. Consider that “the six children of Walmart’s founders … had the same net worth in 2007 as the entire bottom 30 percent of American earners”. And “the top 10 percent of U.S. earners control two-thirds of the country’s wealth and the richest 400 Americans control as much wealth as the bottom 50 percent of Americans.” Thank you George Bush.

The solution? Persuade Obama to designate China a currency manipulator, much as Romney has already promised to. Obama is the man to do the job, because he is not beholden to ultra-wealthy donors and extremist right-wing Republicans, such as Paul Ryan.

References:
http://blogs.reuters.com/david-cay-johns ton/2012/06/20/americas-long-slope-down
huffingtonpost.com/2011/12/08/walmart-he irs_n_1137492.html

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