private sector hiring, not good.

#2
#2
The most distressing thing to me is the paltry pick up in goods-producing jobs. Our transition to a society purely based on consumption and providing services continuies.
 
#3
#3
please explain specifically why you think it's a problem we are a service based economy? or would you prefer we have that great worker middle class like china that makes $2 a day.

and biden said the jobs report would be extremely strong. whoops.
 
#4
#4
lawgator1 said:
The most distressing thing to me is the paltry pick up in goods-producing jobs. Our transition to a society purely based on consumption and providing services continuies.
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Which is the only way that we can turn things around imo.
 
#5
#5
lawgator1 said:
The most distressing thing to me is the paltry pick up in goods-producing jobs. Our transition to a society purely based on consumption and providing services continuies.
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The epitome of corporate\government stupidity, period.
 
#6
#6
interestingly if you take out the census gain public sector jobs dropped by 20K. with massive budget cuts on the state and local levels it's going to take a huge increase in private sector jobs to get that unemployment rate under 9% anytime soon. hard to see that happening.
 
#8
#8
I am surprised at the criticism of my comment. I would have thought that most of you would embrace the implied criticism of government regulation and overtaxation that has led to the outsourcing of the manufacturing base of our economy.

Seriously. This is one point for which the crowd that favors higher taxes on big business and for regulation of it has a huge problem, which is that at some point the regulations and tax burden force these companies to send the work elsewhere.
 
#10
#10
lawgator1 said:
I am surprised at the criticism of my comment. I would have thought that most of you would embrace the implied criticism of government regulation and overtaxation that has led to the outsourcing of the manufacturing base of our economy.

Seriously. This is one point for which the crowd that favors higher taxes on big business and for regulation of it has a huge problem, which is that at some point the regulations and tax burden force these companies to send the work elsewhere.
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yes the tax burden is a major problem, but outsourcing is a symptom of a superior economy. every industry that has been moved overseas because it became unprofiitable in the US has been replaced by a superior and higher paying industry. i start worrying when i see white collar college educated jobs going overseas, not ones that pay $12 an hour. in the long run it doesn't matter in the slightest if we "make something with our hands" or whatever bs people like to spew.
 
#11
#11
droski said:
yes the tax burden is a major problem, but outsourcing is a symptom of a superior economy. every industry that has been moved overseas because it became unprofiitable in the US has been replaced by a superior and higher paying industry. i start worrying when i see white collar college educated jobs going overseas, not ones that pay $12 an hour. in the long run it doesn't matter in the slightest if we "make something with our hands" or whatever bs people like to spew.
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You really don't think so? I mean, I can see your point, but I've always thought that manufacturing jobs lent a certain stability to things. You know, we will will always need food and furniture, etc., whereas an economy entirely built on people going to the movies seems so much more susceptible to things like a housing bubble.

Perhaps I have too much of an image of the auto industry really making a difference in this regard.
 
#13
#13
lawgator1 said:
You really don't think so? I mean, I can see your point, but I've always thought that manufacturing jobs lent a certain stability to things. You know, we will will always need food and furniture, etc., whereas an economy entirely built on people going to the movies seems so much more susceptible to things like a housing bubble.

Perhaps I have too much of an image of the auto industry really making a difference in this regard.
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we produce the majority of our food. unless you are concerned with a global war where we would be cut off i'm not sure why it makes any difference where the jobs come from. and i'm not sure what factory workers you know, but the ones i know are hardly less prone to doing stupid things than white collar workers.
 
#14
#14
lawgator1 said:
I am surprised at the criticism of my comment. I would have thought that most of you would embrace the implied criticism of government regulation and overtaxation that has led to the outsourcing of the manufacturing base of our economy.

Seriously. This is one point for which the crowd that favors higher taxes on big business and for regulation of it has a huge problem, which is that at some point the regulations and tax burden force these companies to send the work elsewhere.
Click to expand...


we wouldn't believe that you would criticize your government and 'the muslim', so it probably blew passed everyone.
 
#15
#15
joevol320 said:
we wouldn't believe that you would criticize your government and 'the muslim', so it probably blew passed everyone.
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I'm just saying that its something that the pro-corporate tax people don't have an answer for. The risk/reward part of it all still debatable.
 
#16
#16
lawgator1 said:
I'm just saying that its something that the pro-corporate tax people don't have an answer for. The risk/reward part of it all still debatable.
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it's entirely possible to think that corporate taxes are too high and still not be concerned about losing jobs to china or whatever.
 
#17
#17
lawgator1 said:
I am surprised at the criticism of my comment. I would have thought that most of you would embrace the implied criticism of government regulation and overtaxation that has led to the outsourcing of the manufacturing base of our economy.

Seriously. This is one point for which the crowd that favors higher taxes on big business and for regulation of it has a huge problem, which is that at some point the regulations and tax burden force these companies to send the work elsewhere.
Click to expand...

I don't understand how people think that outsourcing low skill jobs are bad, but replacing low skilled workers with robots are good. Maybe not you in particular, but I'm surprised at the people who believe in this contradiction. The high skilled jobs of today will be the low skilled jobs of tomorrow. Outsourcing is the sign of a more educated civilization.
 
#18
#18
lawgator1 said:
I am surprised at the criticism of my comment. I would have thought that most of you would embrace the implied criticism of government regulation and overtaxation that has led to the outsourcing of the manufacturing base of our economy.

Seriously. This is one point for which the crowd that favors higher taxes on big business and for regulation of it has a huge problem, which is that at some point the regulations and tax burden force these companies to send the work elsewhere.
Click to expand...

This might have missed the mark as widely as anything you've ever posted. Jobs are going overseas because American workers are dramatically too expensive. I think most here are fine with sensible government regulation. Your tax point applies to very, very, very, very few companies.

Companies take the risks overseas, even with currency fluctuations and political risk because they can manufacture better quality for a cheaper price (including the risk and shipping) than we can even fathom over here.

Maybe you've noticed that our outsourced labor pool has shifted locations several times over the past few decades.





Edit: My bad, I didn't read far enough to see that droski had made part of those points.
 
#19
#19
BigPapaVol said:
Companies take the risks overseas, even with currency fluctuations and political risk because they can manufacture better quality for a cheaper price (including the risk and shipping) than we can even fathom over here.
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i recently talked to a very major fab chip manufacturer and he told me that the quality of the chinese run plants is very poor since generally they try to cut corners as much as possible to maximize profit. so in reaction to that they have gone and built and ran their own plants. not 100% relavant, but i thought it was interesting. he told me he was paying the chinese $2 a day which is considered a good wage in china. hard to compete with that price.
 
#20
#20
droski said:
i recently talked to a very major fab chip manufacturer and he told me that the quality of the chinese run plants is very poor since generally they try to cut corners as much as possible to maximize profit. so in reaction to that they have gone and built and ran their own plants. not 100% relavant, but i thought it was interesting. he told me he was paying the chinese $2 a day which is considered a good wage in china. hard to compete with that price.
Click to expand...

I think that's the shift that many companies itching to overcome the quality stigma have taken. It's an expensive endeavor initially and you have enormous risk in China simply taking over your plant some day, but many are willing because the labor line item falls through the floor and it pays for itself very, very quickly.
 
#21
#21
droski said:
i recently talked to a very major fab chip manufacturer and he told me that the quality of the chinese run plants is very poor since generally they try to cut corners as much as possible to maximize profit. so in reaction to that they have gone and built and ran their own plants. not 100% relavant, but i thought it was interesting. he told me he was paying the chinese $2 a day which is considered a good wage in china. hard to compete with that price.
Click to expand...

That's offshoring rather than outsourcing, right? I went to a Suzanne Berger presentation on this a few years ago, but I have forgotten too much of it.
 
#22
#22
TennTradition said:
That's offshoring rather than outsourcing, right? I went to a Suzanne Berger presentation on this a few years ago, but I have forgotten too much of it.
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yes, to a T. Some industries just aren't very well suited to a limited education populace and have to offshore rather than outsource. Different capital investment and different level of political risk.
 
#24
#24
joevol320 said:
Payrolls hit 10-year high on Census - Yahoo! Finance


at least we have a bunch of sensus takers. i'm sure all are high qualified to check boxes. just don't them rob you with their sharp #2 pencil.
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I know several people who have taken census jobs because they needed a job to pay their bills. I am fairly confident every single one of them are more intelligent and more educated than you. Also, more patriotic as well.
 
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