Why do so many people on these boards hate working Americans so much?
IDK why Americans have such a problem with globalisation - any econ 101 student can tell you that everyone is better off when we focus on what we're good at. America is no longer competitive in manufacturing (generally) but has huge potential in more advanced sectors. Unfortuantely this potential gets supressed because the manufacturing lobby convinces you that it's unpatriotic to take advantage of better economies and push USA toward more advanced commercial sectors.
I don't hate anyone, if anything, I think tax cuts should only be given to those on the lower income brackets first, for economic reasons.
But I dislike the word "working Americans," because I think you're implying the middle/lower classes and blue collar workers. Do white collar workers not "work"? I find that insulting. I've done both blue and white collar work and white collar work is far more difficult. White collar workers often work longer hours.
Additionally, I think there is hatred against unions because unions have in the last 40 years been responsible for the economic collapses of many organizations including the motor companies and many city and local governments, including my own. In my city, because of police and firefighter unions, we had many police and firefighters retiring before the age of 50 with six figure pensions. You can understand the outrage. Being a police officer is a noble job, but they don't get into the profession to get rich and they shouldn't expect to.
Pensions in general have been the downfall of many organizations and pensions are primarily the product of unions and governments. It's a very foolish set up to pay people for not working because they weren't smart enough to invest their money for the long term.
Not EVERYONE can be well off in this world.
Globalization lowers the standard of living for those who had great standards of living and raises them for those with cruddy or mediocre standards of living.
Incorrect, you've watched too many movies. Incentive is necessary, Greed is a whole other thing.
Unions are the Working man's ability to make Associations in order to collectively negotiate. Abolishing them is simply a denial of basic Human Rights.
And any econ 401 student should have learned that the above is extremely simplified, and doesn't describe the real world.
The Middle Class is made up mostly(at least it was) of Working People.
greed is the pursuit of cash incentive.
i dont watch movies, i rely on my degree and training in economics.
it's not a denial of basic human rights. corporations dont make alliances to collectively negotiate down the wages. in the labor market, corporations dont try to act collectively as a monopsony. it is not in their interests. however, labor unions try to act as a monopoly.
everybody who gets a paycheck "works". the middle class is typically supposed to be white collar work. entrepreneurs, merchants, etc. the term Bourgeoisie describes the middle class.
Incorrect. The Middle Class is an Income Bracket.
"Greed" is far more than just an incentive. A person desiring a Profit is not "Greedy", a person willing to ripoff their Grandmother is Greedy.
when did i say it wasnt? dumbass. my point is unskilled labor (manufacturing) is not supposed to be middle class. that's what is fucked up about unions, overvaluing labor to the point of being unable to be competitive in a world economy.
a corporation has every incentive to trim every bit of fat from their corporation to maximize their profit.
"greed" is a necessary component of capitalism.
WTF? Why not, because you say so?
because their job value is not that high. hence the UNSKILLED labor.
they're not doing something anybody couldn't walk in off the street, train for 2 hours, and do.
why should they be "entitled" to a paycheck on the level with someone who invests far more in themselves? (education, long duration training.)
So it is because you say so. Got it, thanks.
Its simple supply. Any idiot can sweep a floor(perform unskilled labor), so your labor pool is very high. Not anyone can do brain surgery, design an iPOD(skilled labor), and the higher pay reflects the smaller labor pool available for said job.
I know I am talking to a wall but let's try. China makes iPods because we tell them to. We tell them how. If you cannot see that the "developing" part of the iPod is infinitely more valuable than the actual manufacturing, then you won't really "get it."
Right...because EVERYONE can and will invent great stuff in the US. High tech jobs for all!!! :biggrin:
Send them all to college and they will all get a PHD in ipod development.....
He has arbitrarily decided that the Working should not be Middle Class. That is simply an arbitrary declaration and has nothing to do with Supply/Demand.
its not really arbitrary, its the way it should be. it has been artificially elevated so people can have a higher standard of living but that makes us uncompetitive in the global marketplace. you can't have both.
Except that's hardly the issue. All those Jobs that went Overseas merely did so to be Competitive Domestically. American Corps are competing against each other and once a few began chasing subsistence Wages Overseas, the rest followed. Not to be Competitive in the Global Market, but to be Competitive in the Domestic Market.
i did take advanced econ, and while it is extremely simplified, it DOES describe the problem posed by unions/manufacturing lobby.