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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Paul V. who wrote (110622)	8/14/2011 12:13:33 PM
From: Jorj X Mckie	4 Recommendations Read Replies (1) \| Respond to of 224738

Give us your specific solutions to my previous post as to where, what, where and how we are going to create the jobs. The best thing we could do to create jobs is to eliminate ALL business taxes. Anytime you tax a business you are simply taxing the consumer as the business will pass the taxes on in the price of the product. Anybody who has put a product or service on the market. To many academics who have never had to keep a business alive ignore the cause and effect relationships with taxes. 1. eliminate taxes on businesses 2. businesses can take those monies and invest in the company to grow the company 3. growing the company means growing the employee base i.e creating jobs 4. creating jobs makes more people who are making money that can be taxed 5. more employed people who now have paychecks go out and buy stuff that they need and want, thereby creating demand for other goods and services which 6. creates more jobs, which 7. starts the virtuous cycle all over again It's the MacDonald's model. Reduce taxes and you make it up in volume.

To: Paul V. who wrote (110622)	8/16/2011 11:20:57 AM
From: Follies	1 Recommendation Read Replies (1) \| Respond to of 224738

Give us your specific solutions to my previous post as to where, what, where and how we are going to create the jobs. First we need to understand where jobs are going. There are two macro forces taking place that are more powerful than any policies that have been or could be put in place. 1) Flattening of the world. Jobs move to where they are most efficient. Jobs in the US have been paid much more than people are willing to perform those jobs in other places in the world. Technology has allowed us to move jobs off shore, even highly skilled jobs such as software engineering and reading MRIs and XRays. No laws can stop that trend. Some laws might temporarily slow it down or speed it up, but 20 to 30 years from now the world will be far more flat than it is today. 2) Every individual has a maximum skill level and generally they find employment which fits that skill level. Jobs that require the least skill level pay the least. Assume the skill levels go from 0 to 100. There is some skill level, say 25, for which everyone with skill below that level make minimum wage. Unions can have some small effect on that wage, government can raise the min wage and that probably just results in fewer jobs. Those with skill levels above 25 can make good wages, the higher the skill the high the wages. Now here is the kicker, each year technology raises that min skill level. Next year, everyone with skill level 28 and below make min wage. In 5 years you will need a skill level of 40 to make more than min wage. That means that ever increasing numbers of people will only make min wage. Eventually, all highly skilled jobs will be automated and there will very few well paying jobs. The two trends above cannot be changed by government unless we are to become ludites, like Amish. They are irreversible trends that stagnate all jobs for the middle class.