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: Road Walker who wrote (315545)	12/14/2006 9:38:03 AM
From: combjelly	Read Replies (2) \| Respond to of 1574343

"But workers wages haven't kept up... unlike other times of profit expansion." There was one other time when this was true. The Roaring '20s. It didn't work out so well... Actually, that isn't true. That is one of the factors that drove the Boom/Depression cycle that was so common during th 1800s. Our fiscal policy tried to actively manage that after the 1930s with some degree of success. But that has been deemed class warfare, so...

To: Road Walker who wrote (315545)	12/14/2006 10:17:41 AM
From: Elroy	Read Replies (3) \| Respond to of 1574343

So you want to give up on the American dream of a vast middle class... and have America "like the rest of the world". I'm not ready for that. John, I can express "what I want" pretty clearly. When you try to express "what I want", you inevitably get it wrong (we call it the straw man argument), so you might as well stop trying to project my views. I think wages for labor in the US will decline from here because globalization of the past 10-15 years has lowered the cost of labor. My understanding is it's basically due to China and India entering the ww labor market. I think that phenomenon is going to continue to pressure US wages for labor for our lifetime. However, if you know someone that needs work, Taro apparently pays through the nose to have his San Diego lawn tended, so send them his way.