Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tejek who wrote (274893)	2/16/2006 2:52:57 PM
From: Road Walker	Respond to of 1572373

Ted, great article... thanks for posting.

To: tejek who wrote (274893)	2/16/2006 5:00:33 PM
From: Tenchusatsu	Read Replies (3) \| Respond to of 1572373

Ted, Here's more evidence that the state of the economy is not so good. Great article ... but what's the solution he's proposing? Funny how thousands of people applying for jobs at Wal-mart is considered "bad news" for employment, yet lots of people tell Wal-mart to go take a hike without considering how many people could be working there and earning a legitimate salary. Or that globalization is draining resources and talent from American soil, yet at the same time America ought to be submissive to a global U.N. bureaucracy. Or that many of the new jobs are government-related, yet liberals are always for more government, bigger government, and larger bureaucracies for their pet projects. It's like honking your horn in a traffic jam, thinking that traffic will move faster because you're expressing your discontent. Tenchusatsu

To: tejek who wrote (274893)	2/21/2006 6:28:17 PM
From: TimF	Read Replies (1) \| Respond to of 1572373

Increased productivity will result in less new jobs being created for each additional dollar of production. For people who haven't become more productive this is rough, esp. when unskilled or moderately skilled job face fierce competition from abroad, and from illegal immigrants, and from other Americans with more skills and and a more efficient, extensive, and/or up to date capital base. Also see Message 22129743 And reason.com (Its not completely up to date it doesn't deal with Bush, or with the downturn at the end of the Clinton administration, because it was written before then. But many of the points still apply) As for many of the jobs being government jobs, considering Bush' great increase in spending that isn't very surprising. Bush's inability to or unwillingness to control spending isn't the only thing that has disappointed me about Bush but its probably the biggest disappointment. the Bush administration has demonstrated American contempt for the Geneva Convention No it hasn't.