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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (40435)11/13/2024 9:24:17 PM
From: kckip  Respond to of 41464
 
My argument was intended to be this is what happened last time <g>
I am not an Economist and am done arguing <g>



To: ajtj99 who wrote (40435)11/14/2024 5:39:48 PM
From: jpdunwell  Respond to of 41464
 
I am not going to change anyone's mind about this, as once a person with a strongly held belief is presented with evidence that contradicts that belief, science says they double down on their belief.
I'm not sure science really says that, but human nature sure does!



To: ajtj99 who wrote (40435)11/15/2024 9:01:18 AM
From: skinowski1 Recommendation

Recommended By
ajtj99

  Respond to of 41464
 
Thank you, aj! Much appreciated.

In the end, competing with China would require leapfrogging them in the realm of productivity - which can happen only through automation. Playing with taxation and currency manipulations will not do it. Bringing back home the old fashioned jobs which we lost over the past several decades - won’t do it either.

What to do about employment? I think, people will have to invent more ways of being gainfully employed. It’s hardly possible to tell what people may be able to think up. Holding back our technology horses for the purpose of fuller employment - is simply a path for getting left behind.