A solution to this problem that might just reach Congress next year is this: Make export and subsidies mutually exclusive. Provide more subsidies to agribusinesses that sell to USA markets, and no subsidies at all to agribusinesses that export.
Where do you think your Toyota is manufactured? Chances are that it isn't Osaka or Tokyo; its probably manufactured in Mississippi or Indiana.
Actually, chances are it's manufactured in Bejing, and ASSEMBLED in Mississippi or Indiana. You see, there's no tariff or quota on car parts, just finished cars.
Same with wages, but in this case, workers are the "sellers". They are selling labor, and want to get as much as they can in return for their effort, whereas employers want to get what they need for as little as possible, and the market eventually stabilizes and sets what is called a "natural rate" for wages.
The problem with that theory is that it assumes workers are scarce. The rules have changed, thanks to the WTO- human labor is in surplus in all industries. By the laws of supply and demand alone, if you take away the wage laws, wages will quickly fall to slavery, because food and water are worth more than shelter and clothes in the basic needs set.
Truth is US business firms enjoy considerably greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to entry in their rivals' home markets than the barriers to entry of foreign firms in US markets.
In other words- they have the greatest flexibility to fuck over the workers- free trade and not fair trade indeed!
Free Trade is diametrically opposed to fair trade. Fair trade is about providing a just wage in return for a just price- free trade is about fucking the worker for the lowest possible cost.
The average service industry job pays *more* than the average manufacturing job
But then the examples you provide:
stock brokers, IT contractors, photographers,
All currently pay LESS than the average factory job did in 1963 adjusted for inflation. In addition to that, every one of those jobs is quickly going the way of the dodo as Indian bodyshopers like Wipro, Infosys, and TCS move into those industries (my last "let's get professional pictures of the baby" from my wife had the photographs being taken by an H-1b holder from India). So NO- these jobs do not pay more and are currently under direct attack from the cheap labor movement.
The day this is no longer an issue is the day that the world has evolved into a nearly homogenous global economy, something that is at least a century away. Until then there will be continual short term disruptions as outsourcable labor markets shift from one country to the next.
There is absolutely NOTHING to stop the idea of foreign labor pools gaining experience without gaining higher wages. In fact, the profit pressure is to keep wages low while gaining experience, lest the job move to another country.
It does make once curious though what will happen when much of the population has little to offer in relationship to the massive amounts of goods and services that are produced. Scarcity is the mechanism that turns the cogs.
And that's what we're really seeing here- a global human labor surplus. There's no scarcity left in a world of 7 billion humans.
Losing *jobs* might be a very good thing. Imagine that both people in a household have jobs. Imagine that over time the productivity of one of them goes up by 250%. One person can now afford not to work, and the total household income is higher, the total productivity of the economy is higher, and the total labor is lower.
Bullshit- because there's no way that the company is going to pay the first person any higher for working 2.5x as hard, they'll just recieve the same pay while two of their co-workers get laid off. The problem with your example is that you don't take human greed into account.
Further, the US economy is not employing either less people, or a lower percent of the population than it was before.
Also wrong- the Labor Department found a good way to hide unused workers as *discouraged workers*, removing them from the labor force totals and thus from the unemployment rate. Other tricks to remove workers from the labor pool used in recent years to come up with a fake unemployment rate include: Self-employment pyramid schemes (like Amway, Tupperware, Medeluca); reclassifying workers as disabled for as little as a tendency to get migraines; "losing" their records after they get cut from the unemployment roles.
Certain *jobs* go away, but other jobs are created faster than the old jobs disappear. This is how we have a historically low unemployment rate today, while having a historically high population in the US.
I'd say the current REAL unemployment rate is now pushing about 15%- the fake one the DOL uses disqualifies workers illegitimately.
Read this book (written by a German citizen, by the way) for supportive data.
Obviously another free traitor and a worshiper of David Ricardo, who was wrong about almost everything. It was also written *before* the WTO came in and started re-writing the rules of national economies, and thus is entirely invalid to the current situation.
The problem with this theory is that it assumes there is no cheaper country overseas for the work to move to. As long as there is yet another country whose despot is willing to enslave their people for western business contracts, there's no way for wages to rise.
Do you have a link for that (that isn't mother jones or IWW or some other nonsense)?
I'd have to know why you consider independant non-corporate news sources to be nonsense first- chances are you'd be biased against all facts in the matter.
If you fix senior management's compensation and do not tie it to the financial performance of the company in some way, what type of management do you think you'll get? A style that is focused on increasing shareholder value?
I would hope not- increasing shareholder value is the main problem to begin with- it's an inherantly flawed model of how to do business that encourages corruption.
Finding somebody who wants to be a senior VP isn't difficult, finding somebody who is good at is, that's why the salaries for those positions are so inflated.
The problem is that nobody would be good at the position because a company having the position is inherrantly flawed to begin with.
The rest is merely user fees for specific actions. Pollute, and you have to pay for cleanup, that sort of thing. Those are NOT burdens put in place by the US gov't- those are burdens put in place by the law of paying for what you take, and enforced by the US gov't.
Actually, for both, the question for the ones living in poverty is if they'll accept it. You see, there's this rumor going around that free health care from the government comes with sterilization...
According to the cache of the website on google- their primary REAL use seems to be for amateur astronomers pointing out details in the night sky (at 100mw, this laser is strong enough to oxidize nitrogen, and thus you can see the beam in the air for quite some distance).
Now that I take the time to notice- my monitor and mouse were made right here in Oregon. You see, I'm a government employee- my monitor is probably 6-12 years old and my mouse is at least 5 years old- they're both HPs and I'm working on a DELL computer made in Thailand but sold through a US brand name which at least keeps the marketing jobs here.
Near as I can tell, this guy is just a troll and isn't actually interesting in the answer- since he's too stupid to figure out that if all the manufacturers make the same buying decisions, the consumers have little or no choice in the matter.
"But the problem of turbines is that to be efficient, they have to run at a predetermined speed.
A hybrid solution seems perfect for this problem- the turbine running at a predetermined speed, generates electricity to feed the bateries, which in turn feed the motors of the wheels. ALSO- using the new design (which the Prius doesn't, but that's beside the point) of a smaller electric motor in each wheel means that you can negate the weight difference by totally eliminating the transmission (to reverse, just reverse polarity), which also saves a good deal of power (the average automatic transmission actually eats about 50% of the power output of the egine).
Slashdot Mirror
A solution to this problem that might just reach Congress next year is this: Make export and subsidies mutually exclusive. Provide more subsidies to agribusinesses that sell to USA markets, and no subsidies at all to agribusinesses that export.
Where do you think your Toyota is manufactured? Chances are that it isn't Osaka or Tokyo; its probably manufactured in Mississippi or Indiana.
Actually, chances are it's manufactured in Bejing, and ASSEMBLED in Mississippi or Indiana. You see, there's no tariff or quota on car parts, just finished cars.
Same with wages, but in this case, workers are the "sellers". They are selling labor, and want to get as much as they can in return for their effort, whereas employers want to get what they need for as little as possible, and the market eventually stabilizes and sets what is called a "natural rate" for wages.
The problem with that theory is that it assumes workers are scarce. The rules have changed, thanks to the WTO- human labor is in surplus in all industries. By the laws of supply and demand alone, if you take away the wage laws, wages will quickly fall to slavery, because food and water are worth more than shelter and clothes in the basic needs set.
Truth is US business firms enjoy considerably greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to entry in their rivals' home markets than the barriers to entry of foreign firms in US markets.
In other words- they have the greatest flexibility to fuck over the workers- free trade and not fair trade indeed!
Won't matter here- there's a quota on cheap labor automobiles. THAT is protected by tariffs- fuck the IT workers protect the auto assemblers.
Free Trade is diametrically opposed to fair trade. Fair trade is about providing a just wage in return for a just price- free trade is about fucking the worker for the lowest possible cost.
You claim:
The average service industry job pays *more* than the average manufacturing job
But then the examples you provide:
stock brokers, IT contractors, photographers,
All currently pay LESS than the average factory job did in 1963 adjusted for inflation. In addition to that, every one of those jobs is quickly going the way of the dodo as Indian bodyshopers like Wipro, Infosys, and TCS move into those industries (my last "let's get professional pictures of the baby" from my wife had the photographs being taken by an H-1b holder from India). So NO- these jobs do not pay more and are currently under direct attack from the cheap labor movement.
The day this is no longer an issue is the day that the world has evolved into a nearly homogenous global economy, something that is at least a century away. Until then there will be continual short term disruptions as outsourcable labor markets shift from one country to the next.
There is absolutely NOTHING to stop the idea of foreign labor pools gaining experience without gaining higher wages. In fact, the profit pressure is to keep wages low while gaining experience, lest the job move to another country.
It does make once curious though what will happen when much of the population has little to offer in relationship to the massive amounts of goods and services that are produced. Scarcity is the mechanism that turns the cogs.
And that's what we're really seeing here- a global human labor surplus. There's no scarcity left in a world of 7 billion humans.
In that case, would you be for a truly Darwinian marketplace, where we are free to use guns and bombs to gain competitive advantage?
This is how I do it anyway- there are several out there but I use SpamBayes because I've got my mailserver on a Windows box.
A baysian spam filter can learn to filter ANYTHING!
Losing *jobs* might be a very good thing. Imagine that both people in a household have jobs. Imagine that over time the productivity of one of them goes up by 250%. One person can now afford not to work, and the total household income is higher, the total productivity of the economy is higher, and the total labor is lower.
Bullshit- because there's no way that the company is going to pay the first person any higher for working 2.5x as hard, they'll just recieve the same pay while two of their co-workers get laid off. The problem with your example is that you don't take human greed into account.
Further, the US economy is not employing either less people, or a lower percent of the population than it was before.
Also wrong- the Labor Department found a good way to hide unused workers as *discouraged workers*, removing them from the labor force totals and thus from the unemployment rate. Other tricks to remove workers from the labor pool used in recent years to come up with a fake unemployment rate include: Self-employment pyramid schemes (like Amway, Tupperware, Medeluca); reclassifying workers as disabled for as little as a tendency to get migraines; "losing" their records after they get cut from the unemployment roles.
Certain *jobs* go away, but other jobs are created faster than the old jobs disappear. This is how we have a historically low unemployment rate today, while having a historically high population in the US.
I'd say the current REAL unemployment rate is now pushing about 15%- the fake one the DOL uses disqualifies workers illegitimately.
Read this book (written by a German citizen, by the way) for supportive data.
Obviously another free traitor and a worshiper of David Ricardo, who was wrong about almost everything. It was also written *before* the WTO came in and started re-writing the rules of national economies, and thus is entirely invalid to the current situation.
A suggestion to how this could be done- nationalize the banks and forgive all debt across the board. Make credit cards illegal in exchange.
The problem with this theory is that it assumes there is no cheaper country overseas for the work to move to. As long as there is yet another country whose despot is willing to enslave their people for western business contracts, there's no way for wages to rise.
Do you have a link for that (that isn't mother jones or IWW or some other nonsense)?
I'd have to know why you consider independant non-corporate news sources to be nonsense first- chances are you'd be biased against all facts in the matter.
If you fix senior management's compensation and do not tie it to the financial performance of the company in some way, what type of management do you think you'll get? A style that is focused on increasing shareholder value?
I would hope not- increasing shareholder value is the main problem to begin with- it's an inherantly flawed model of how to do business that encourages corruption.
Finding somebody who wants to be a senior VP isn't difficult, finding somebody who is good at is, that's why the salaries for those positions are so inflated.
The problem is that nobody would be good at the position because a company having the position is inherrantly flawed to begin with.
The rest is merely user fees for specific actions. Pollute, and you have to pay for cleanup, that sort of thing. Those are NOT burdens put in place by the US gov't- those are burdens put in place by the law of paying for what you take, and enforced by the US gov't.
Actually, for both, the question for the ones living in poverty is if they'll accept it. You see, there's this rumor going around that free health care from the government comes with sterilization...
India does have health care- it's just not a BUSINESS expense there, it's a GOVERNMENT expense instead.
According to the cache of the website on google- their primary REAL use seems to be for amateur astronomers pointing out details in the night sky (at 100mw, this laser is strong enough to oxidize nitrogen, and thus you can see the beam in the air for quite some distance).
At >100mw, 540nm, if your window is reasonably clean, there should be no need at all to roll it down.
Now that I take the time to notice- my monitor and mouse were made right here in Oregon. You see, I'm a government employee- my monitor is probably 6-12 years old and my mouse is at least 5 years old- they're both HPs and I'm working on a DELL computer made in Thailand but sold through a US brand name which at least keeps the marketing jobs here.
Near as I can tell, this guy is just a troll and isn't actually interesting in the answer- since he's too stupid to figure out that if all the manufacturers make the same buying decisions, the consumers have little or no choice in the matter.
I'm ready to start shooting the manufacturers at this point- treating them as the traitors they are. And you are included in that.
Where did you find the 14436 volt engine?
OTOH- with this quote from TFA:
"But the problem of turbines is that to be efficient, they have to run at a predetermined speed.
A hybrid solution seems perfect for this problem- the turbine running at a predetermined speed, generates electricity to feed the bateries, which in turn feed the motors of the wheels. ALSO- using the new design (which the Prius doesn't, but that's beside the point) of a smaller electric motor in each wheel means that you can negate the weight difference by totally eliminating the transmission (to reverse, just reverse polarity), which also saves a good deal of power (the average automatic transmission actually eats about 50% of the power output of the egine).
Very true- in fact, looking at my 1999 Ford Escort, at least 3/4ths of the parts are Made in China.