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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Joe NYC who wrote (246873)8/21/2005 9:13:10 PM
From: Road Walker  Read Replies (1) | Respond to of 1571637
 
re: But if the breakdown of the family (the biggest reason of the people on the very bottom end) is splitting hairs, maybe you are thinking about "fixing" the problems of the world of 20, 40 or 60 years ago, not the current one.

The opposite is true. It's a systemic problem... too many folks competing for low end jobs. Part of it is immigration, another part is fewer managerial jobs (so that more workers fall into a lower employment class). Jobs that used to be considered at the low end of the management ranks are now considered "clerks". You can partially blame computers for that (of more precisely software).

re: Maybe you should expand on this, what this means beyond he slogan. A lot of the honest work which pays well has been exported to China, where they continues as honest work with honest pay - but on the Chinese pay scale.

Yes, and unless we want the equivalent of a Chinese working class in this country, maybe we should work for a solution. Or do you think that is good?

re: I don't have the whole answer. I have one theory which would help all American workers marginally, and I will repost it, if you are interested.

Always looking for good ideas.

re: But I know what will not help: Chasing more business off-shore by making on-shore operation unprofitable.

Clerks at WalMart and McDonalds have little threat from out sourcing. The manufacturing jobs are mostly gone; we are an economy of services. Let these people make a living wage, even if it cost you $1 more for a Big Mac.

We do need to figure a way to start exporting value. The trade deficit is a huge problem. Before long China will own so much of our debt that they will own us. They are competing with us on our dime, they are building a huge military with US dollars. That's a bigger problem than terrorism ever was.

re: Have you ever considered that your prescription may have an unintended consequence of doing just the opposite?

Of course I have. It doesn't.

John