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nom=de=plume[_2_] nom=de=plume[_2_] is offline
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First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
Default ah, yes, the latest on my company 401K


wrote in message
...
On Sun, 25 Jul 2010 23:15:15 -0400, bpuharic wrote:

On Sun, 25 Jul 2010 22:48:50 -0400, wrote:

On Sun, 25 Jul 2010 20:55:34 -0400, bpuharic wrote:

There is no rationale for the federal government to do it. That is
very clear.

private industry hasn't. so they've failed. it's time for the american
people to do what the rich refuse to do for us.

Are all of those out of work people going to form large corporations
that can compete in a global market? That is how you are going to get
good jobs again.


nope. because the world financial managers packaged the same lies and
sold them to each other. the meltdown is pretty much worldwide except
in some of the more unionized countries like australia which has full
employment.

you right wingers just keep ignoring this. so i'm going to ram it down
your throats over and over again

in the last 10 years, productivity went up 30%. and NONE of that went
to the middle class

Productivity went up because they laid off so many people.
That makes the ones left look more productive.


No, that's not accurate. Those who remain are required to increase their
productivity to make up for those who've been laid off. It's not about
appearance, it's about an actual increase in their productivity.

Of course some of that is simply the fact that computer controlled
equipment replaced workers. Robots don't complain, don't call in sick
and don't file grievances because of working conditions.


Ummm.... that happened and will continue to happen.

The guys who operate them don't need near as much skill as the worker
they replaced and the robot does a more consistent job.


Not necessarily. The person who now controls a whole production line from a
control room has to be highly skilled.


so you tell me: how does the middle class spend money it does not
have?


You are starting to see why I fear for out future.
The idea that you can get employers to pay workers more when the
product cost can't go up is not going to happen.


Well, fear is the operative word. Product cost can go up if the quality is
better and/or it has better features/functionality.