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We cannot revive the economy cutting hair

FrancSevin

Proudly Deplorable
Super Patron
From the Edge is a colum in one of the trade Mags I get.


http://www.ontheedgeblog.com/blog-mt1/2011/11/can_we_repatriate_manufacturin.php

This guy always has a good point to make. But Service sector investment yields 50 cents on the dollar while Manufacturing yeilds $1.49? Maybe we should stop listening the the Robert Reiche's of the world.

Time to take a lesson from thechineese. We must re invigorate the idea of manufacturing. After years of teaching our children they must get a college education, do we not now have enough technocrats who cannot support themselves?

Perhaps the work ethic could include, as honorable employment, standing in a factory making something people will use. Or, crafting something of quaility they are willing to buy. Perhaps instead of GE sending their medical device factory to China and soon their aircraft engine plants....Jeffery Immelt could embrace his government title of the "Jobs Czar?"

Jus' Sayin'
 
There is a void in the skilled labor force from too many years of not promoting the trades in our schools. Today's students don't physically do much at all in school except punch computers. We had to have wood shop and metal shop as well as other trades in high school. I was fortunate to be part of a generation that was just starting with vo-tech schools. We learned trades and developed work ethics that suited the needs of employers. These jobs were well paying and plentiful in the late 60's and into the 80's. Somewhere along the line the notion that physical labor was no longer needed took over in the schools.
 
Right on muleman. I have a $15K vertial milling machine in my shop that came form a school auction. It had been many years, like 15 since they had a shop instructor who knew how to use it. Carelessly they sold it on a sealed bid auction. For $1K it is now mine. They could have sold it on e bay for 5 times that much if they would have cared to look around a bit. Stupid is as stupid does.

Now we need to teach the vocations again, and with what?

Regards, Kirk
 
This came about the time that they found out there is more money in moving money than actually earning it. Until they go back to a fair return on someones labor and we stop being a nation of service workers then perhaps manufacturing might come back. Of course that will require the willingness to take a smaller percent of profit to put people back to work at a wage they can actually live on in the USA.
 
Of course that will require the willingness to take a smaller percent of profit to put people back to work at a wage they can actually live on in the USA.

Before I retired I was a manager for a very large computer company. My employees used to make statements to me like this, i.e., the range for my salary should be double what it is; or I should be paid a living wage. I always tried to explain to people that no matter how valuable they think they are, each job is only worth so much money.

Look at it like this hypothetical example: suppose you are the best hamburger maker in the world, and as a result you can make 50 hamburgers an hour. Each hamburger sells for $3.00. After paying for materials to make the hamburgers (meat, bread, condiments, building rent, electricity, employee benefits, etc.) there is $.50 left. The $.50 that is left pays for the employee's salary as well as gives the company a profit to distribute to the stock holders. So 50 hamburgers per hour multiplied by $.50 profit means the company is bringing in $25 an hour based on your expert hamburger making skills.

If you deduct a profit for the company - let's say 5% which yields $1.25, you end up with a job that is worth $23.75 to the company.

Regardless of your thoughts about your company, your boss, the economy, etc., the most you can earn in your job as an expert hamburger maker is $23.75. If the company pays you more than that, they will eventually go broke.

Employees hate to think their job is only worth so much to a company, but after going through the above example, realization soon sets in, and in my case, employees complained less about their salary.

Some of the OWS people want everyone to be given a "living wage" but I have not heard anyone put a dollar figure on a "living wage". However, if every worker in the country got a salary increase, inflation would be through the roof thereby negating everyone's salary increase.

I don't know what the answer is, but I don't think paying people what they think they are worth is it.

Bob
 
No argument from me on that assessment Bob, but then you can't live in the USA on $1 a day as one could in some of the 3rd world nations either.
 
No argument from me on that assessment Bob, but then you can't live in the USA on $1 a day as one could in some of the 3rd world nations either.
Although I get your time worn point , it is an unfair comparison. In a country where one could actully live on a dollar a day, that would be a fair wage in that country.
 
True it is if one can live on it. There was a time in this country would used to be able to live on a $1 a day also. However those days are gone and I doubt it will ever come back but without jobs people can live on they we are doomed to starve I guess.
 
True it is if one can live on it. There was a time in this country would used to be able to live on a $1 a day also. However those days are gone and I doubt it will ever come back but without jobs people can live on they we are doomed to starve I guess.
That's just nonsensical

There was a time when a dime could buy coffee and a piece of pie. To do so today is easy, just re value the monitary unit. Like Yugoslavia did back in the 80's

Fiat money buys what it represents. The more our government prints,the less itis worth. Inflation is a scam and we are played by it every day. But since the time of the first coinage, this has been the case.

The value of your work is paid in cash related to it's contemporary purchasing power within the same system. The differences between systems allows some to be exploited.

That is how guys like George Soros make their billions. Companies like GE and Walmart. You know,the folks who say we should all pay more in taxes.
 
Before I retired I was a manager for a very large computer company. My employees used to make statements to me like this, i.e., the range for my salary should be double what it is; or I should be paid a living wage. I always tried to explain to people that no matter how valuable they think they are, each job is only worth so much money.

Look at it like this hypothetical example: suppose you are the best hamburger maker in the world, and as a result you can make 50 hamburgers an hour. Each hamburger sells for $3.00. After paying for materials to make the hamburgers (meat, bread, condiments, building rent, electricity, employee benefits, etc.) there is $.50 left. The $.50 that is left pays for the employee's salary as well as gives the company a profit to distribute to the stock holders. So 50 hamburgers per hour multiplied by $.50 profit means the company is bringing in $25 an hour based on your expert hamburger making skills.

If you deduct a profit for the company - let's say 5% which yields $1.25, you end up with a job that is worth $23.75 to the company.

Regardless of your thoughts about your company, your boss, the economy, etc., the most you can earn in your job as an expert hamburger maker is $23.75. If the company pays you more than that, they will eventually go broke.

Employees hate to think their job is only worth so much to a company, but after going through the above example, realization soon sets in, and in my case, employees complained less about their salary.

Some of the OWS people want everyone to be given a "living wage" but I have not heard anyone put a dollar figure on a "living wage". However, if every worker in the country got a salary increase, inflation would be through the roof thereby negating everyone's salary increase.

I don't know what the answer is, but I don't think paying people what they think they are worth is it.

Bob

In a relationship where one trades his time for money, he is worth exactly (and no more) what another equally capable guy is willing to trade. It's called supply and demand.

The OWS crowd needs to get over it.

Like Daddy always said: Son, you'll never get rich working for somebody else.
.
 
once again I think it goes back to the prevailing attitide of today.Self reliance, self sufficient and personal responsability have been replaced with selfish, self serving and entitlement.
I live in a pretty rural area, but not far from a few decent sized cities. People have lost even the most basic skills that allow them any kind self suffiency.
Growing up we canned vegetables, made jelly, and actually cooked at home. Now, I find it difficult to find a person with a pocketknife , that can start a fire, or knows anything about edible wild botany ( read picking wild berrys ).
The skills that made our country what it is have almost been lost.
 
That's just nonsensical

There was a time when a dime could buy coffee and a piece of pie. To do so today is easy, just re value the monitary unit. Like Yugoslavia did back in the 80's

Fiat money buys what it represents. The more our government prints,the less itis worth. Inflation is a scam and we are played by it every day. But since the time of the first coinage, this has been the case.

The value of your work is paid in cash related to it's contemporary purchasing power within the same system. The differences between systems allows some to be exploited.

That is how guys like George Soros make their billions. Companies like GE and Walmart. You know,the folks who say we should all pay more in taxes.

Again you seem to miss my point Franc, but frankly not surprising anymore. My point the system is broken and has been for a long time. With few having real power any more on their future in many cases. The system being the powers that be. It probably hasn't been good since money replaced the barter system as a means of trade.
 
Again you seem to miss my point Franc, but frankly not surprising anymore. My point the system is broken and has been for a long time. With few having real power any more on their future in many cases. The system being the powers that be. It probably hasn't been good since money replaced the barter system as a means of trade.


Perhaps your point, as usual, was too far off the topic. And yes, that too sems to happen often. Hmmmm?

The system isn't broken, it is corrupted. And guys like your buddy(apparently) Barney and his progressive pals are the reason. Progressives have taken us too far away from what made us a great society, and consequently a greatnation. Those things are work ethic, self reliance and responsibility and the understanding that our government is limited by the constitution to protect it's citizens from losing their God given rights.

When our nation is proud to be American again, not a salad, not attempting to be inclusive of all cultures at the expense of American principles and values,,,the very thing that made us exceptional and unique in the world, we will prosper.

That means we stop dividing the pie and start cooking them again. The dinosaurs are not those who would work for a living, but the Technocrats that insist on ruling their lives. Time we gave up on them and their ideas and let them starve into extinction.
 
Perhaps your point, as usual, was too far off the topic. And yes, that too sems to happen often. Hmmmm?

The system isn't broken, it is corrupted. And guys like your buddy(apparently) Barney and his progressive pals are the reason. Progressives have taken us too far away from what made us a great society, and consequently a greatnation. Those things are work ethic, self reliance and responsibility and the understanding that our government is limited by the constitution to protect it's citizens from losing their God given rights.

When our nation is proud to be American again, not a salad, not attempting to be inclusive of all cultures at the expense of American principles and values,,,the very thing that made us exceptional and unique in the world, we will prosper.

That means we stop dividing the pie and start cooking them again. The dinosaurs are not those who would work for a living, but the Technocrats that insist on ruling their lives. Time we gave up on them and their ideas and let them starve into extinction.

:yum::yum::yum::wow:
 
When our nation is proud to be American again, not a salad, not attempting to be inclusive of all cultures at the expense of American principles and values,,,the very thing that made us exceptional and unique in the world, we will prosper.

That means we stop dividing the pie and start cooking them again. The dinosaurs are not those who would work for a living, but the Technocrats that insist on ruling their lives. Time we gave up on them and their ideas and let them starve into extinction.
Obama was stumping again today (on the taxpayers' dime) in Scranton preaching collectivism, saying once again that the successful need to give it back to the masses.

And the crowd roared.
.
 
Kane pegged you dead to rights.
That response says it all Joec.

Just like I pegged you last night as an ankle bitter, with the constant finding something to jump on that I post, even if in agreement with you. You seem to want to label me so have at it. Oh well perhaps you should simply ignore me then as well as Kane in the future as my opinions seems to upset you so much. You should be in good company around here then.
 
Obama was stumping again today (on the taxpayers' dime) in Scranton preaching collectivism, saying once again that the successful need to give it back to the masses.

And the crowd roared.
.
The presumptin being, of course, that the "successful" took it from the masses. A fuedal and provenicial perspective.

Serfdom is at hand Kane. And America did it to itself. :doh:

Sad
 
commentary

Even Annoying Twentysomething Shits Like Me Deserve To Have A Future

By Jared Arrington
November 29, 2011 | ISSUE 47•48
Even_Annoying-R_jpg_90x150_upscale_q85.jpg


While the Declaration of Independence guarantees each of us the right to life, liberty, and the pursuit of happiness, today's economic uncertainty has kept those sacred rights out of reach for many of our newest college graduates. Not long ago, all Americans, regardless of how young and unbearably irritating they were, could count on having a chance to make a good lives for themselves.

Everyone—even people like me, a twentysomething piece of shit who has contributed nothing to society yet expects everything to be handed to him anyway—deserves a shot at a decent future.

If this truly is the land of opportunity, shouldn't America's promise extend also to the most worthless of human beings who continue to live on their parents' dime two years after college? It seems as though this nation has forgotten about the parasitic, self-involved young assholes who believe jobs starting at $42,000 a year with benefits are their birthright. What about us? What about all the smug, over*educated pricks out there still asking Mom and Dad to pay off a credit-card invoice filled with $4 purchases of bubble tea?

When do we get our turn?

It's true, my own actions may have earned me nothing more than the right to have this toothy, shit-eating smile punched off my face, but that doesn't make me a second-class citizen. I believe I speak for every whiny, inexperienced half-wit of my generation when I say that we too want our piece of the American Dream, even if it means pushing out some sad 54-year-old fuck who hasn't taken a day off in over four years.

This is still America, right? God, I'm a piece of shit.

Look, I realize I'm just another wide-eyed twat whose concept of hard work comes from the lone summer he spent behind a cash register at Home Depot, but that shouldn't disqualify me from living the life I want. I'll never have to pull myself up by my own bootstraps, or worry about my parents missing a payment on the fully furnished condominium apartment I believe I'm entitled to. But nonetheless, I, like all immature, narcissistic dicks my age, are due the same rights as everyone else.

My parents worked hard to pay $150,000 for my prestigious private-college education, and what do I have to show for it? Yes, I'm part of a generation that has taught me to earnestly expect that I will some day be awarded a lucrative book or television deal based on my asinine Tumblr account, but in the meantime, I shouldn't be denied the same privileges that have been unaccountably granted to young American fuckups for years.

There was a time in this country when an overconfident fuckhead like me could graduate and skate right into a job he didn't deserve. I suppose all I'm asking for is the same basic employment opportunities that I, too, lack the experience and responsibility to handle.

Let me put it this way: Do you really want to live in a country that denies a future to completely unbearable little cocksuckers who have never learned any sort of humility whatsoever?

In this great nation of ours, it shouldn't matter how many excruciating recommendation letters are sent to potential employers as a favor to my parents, or how often during job interviews I discuss at embarrassing length current events about which I have absolutely nothing interesting to say. It's still my life to live.

And I firmly believe it is unconscionable that I may never get the same chances in this life I would never be generous enough to grant to anyone else.

At the end of the day, I'm one of those guys who was born on third base and thinks he hit a triple, and nothing's going to change that. You can put me down for my dearth of any discernible talent or skill whatsoever, but you simply cannot deny the inevitable fact that I am the future.

Also, you can't honestly expect for me to wait until my parents die to become a millionaire.
terminator.gif
 
Obama was stumping again today (on the taxpayers' dime) in Scranton preaching collectivism, saying once again that the successful need to give it back to the masses.

And the crowd roared.
.

Of course the crowd roared, Kane. He is preaching to his choir. The crowd will be roaring next November too, but not in the way he would like it to.
 
That attitude in post #20 he has makes me want to kick his arse:doh::doh:

But has he really got a point under all the disrespect, and did we earn that as well?:whistling:

It's a brave new world I guess.

Kirk
 
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