SI
SI
discoversearch

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: Tenchusatsu who wrote (274924)2/16/2006 5:48:17 PM
From: tejek  Read Replies (1) | Respond to of 1572381
 
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.


Not to disparage Wal Mart, I don't think jobs at Wal Mart are the answer.

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.

I think Roberts is saying the same thing that others are saying........while things are not very good, we have been led to believe the contrary.

It's like honking your horn in a traffic jam, thinking that traffic will move faster because you're expressing your discontent.

If you don't do things right......if you don't add the right chemicals at the right time, and the heat conditions are bad, you end up with a bad batch of silicon. If you keep doing the same things wrong, you will keep coming up with the same bad batches.

Its the same with the economy......if the foundation you set is a weak one, then it will not weather problems well. There were several times during the Clinton administration when the economy got into a rough patch, but was able to pull through because its footings were solid. Roberts is saying the same can't be said for the current economy. So I wouldn't put a lot of faith in the recent statistics that suggest otherwise.



To: Tenchusatsu who wrote (274924)2/16/2006 6:50:46 PM
From: combjelly  Read Replies (2) | Respond to of 1572381
 
"Funny how thousands of people applying for jobs at Wal-mart is considered "bad news" for employment,"

In and of itself it isn't bad news. Except in an economy that supposedly has an unemployment rate of 4.7%, 25000 people applying for 325 means there is something a little whacked about those numbers.



To: Tenchusatsu who wrote (274924)2/16/2006 7:53:03 PM
From: Road Walker  Read Replies (1) | Respond to of 1572381
 
re: Funny how thousands of people applying for jobs at Wal-mart is considered "bad news" for employment

Remember "underemployment", Walmart is close to the lowest of the low, bare subsistence, maybe.

re: 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.

The first is economic the second is political. Too nuanced for you?

re: 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.

Forget your dogma, look at the real numbers. Recently the Dems have slowed the growth of government, the Reps have accelerated it. Bush is the worst. Fact, not dogma.

re: It's like honking your horn in a traffic jam, thinking that traffic will move faster because you're expressing your discontent.

US democracy is about continuous improvement, about each generation doing better than the next. That's patriotism; pulling together so we all live in a better, more prosperous country and world.

Expressing discontent has always be a huge part of that, from day one (the revolution). It's the people that are content because "I've got mine" that undermine the process, with no regard for their fellow citizens.

"I got my house in the OC, I got my job at Intel, who cares about those 1000's of people who lined up but didn't get the sub-subsistence jobs with no benefits at Walmart. I got mine, America is a great country".

Maybe some day you will figure out we are all in this together. Maybe not.