Knocking Manufacturing Jobs

probably because Social Security was a plan and a bargain made
by F.D.R. that Guaranteed pay out when a certain age is reached.
YOU pay in { have to } and you get back at a certain age.
Social Security ain't no freebie.You get back whatever you put in.

 

Well, the German approach would be the epitome of domination and control over the means of production. In Germany, while there is no state created minimum wage for the majority of the private sector (construction, as well as a few other industries have state created minimum wages), private sector industries and the unions that represent its workers negotiate to establish a sector-based minimum wage. Once agreed upon, through contract law, those wages are enforceable. If you look at the wages for manufacturing in Germany, workers are actually paid more than their United States counterparts, by over $2.48 to be exact:

ftp://ftp.bls.gov/pub/suppl/ichcc.ichccaesuppt3_2.txt


This means that a labor union and say the steel manufacturing industry could agree on establishing a minimum wage of $20. This would still be tolerable for the steel manufacturing industry because the average steel worker is paid just over $23 an hour, thus layoffs are not a possibility if one is a rational business owner because they are efficiency wages (in comparison to the minimum wage), which encourage increased production, but they are not above the equilibrium wage rate, which lead to structural unemployment. It would be preferable to the union because such a starting wage is a living wage in comparison to our current minimum wage. In addition, because the federal government is obligated to enforce contracts under the Constitution, the loss of political power for the Democrats is minimal. Such a scenario would actually be politically expedient for Democrats.

 

Social Security shouldn't be termed an entitlement because that
word is used to refer to things that are entitled.
yer entitled to medicaid on account yer poor and needy.
Yer entitled to Medicare because yer an old fart.
You are OWED Social Security because by golly you got it
taken out from yer paycheck.
it's not some entitlement.It's yer doggone money.The government
felt entiteld to take part of Your Paycheck and some day they
Promise to give it back.
It's a Promise to Repay.Like a Note {Loan}.

 

That's not at all what I was suggesting. I was suggesting a system where you have to be economically viable to raise children, in order to be allowed to keep a child (or else give it up for adoption). I say that if you raise a child in impoverished squalor, that's child abuse and you don't deserve your child. Plus, it would encourage the people who reproduce the most in this country (the least educated and least productive), to not continue on with their destructive reproductive nature.

I GUARANTEE that this would result in a HUGE economic boom and HUGE drop in crime. Absolutely guarantee. 100% certain.

I wouldn't support that. I think you should be able to pass on land to whoever you want. My two main specific suggestions are simply these:

1. if you are occupying more than a certain amount of land, you are to be taxed progressively in relation to how much land you own. This will encourage people to not occupy very large amounts of land. And,

2. dismantle Big Land Rent. Land renters are unproductive middlemen.

However, 2. wouldn't be necessary if 1. were actually enacted strongly enough.

If all these suggestions of mine were enacted, the private sector would become..a beast. Economic prosperity would increase beyond anything ever seen in U.S. history.

 

You want to know the irony of that.It's guys like Ted Turner who
secretly conspire with guys like Old fart David Rockefeller
in determing what you want.Or a limiting of ones property.
Ted Turner is the Largest private landowner in the United States.
Will yer theory apply to him.?

 

No you get back much much more than you put in. Consider this:

That is ~11,500 per year.

Below is for a retail worker:

Hell look at this: http://www.ssa.gov/policy/docs/quickfacts/stat_snapshot/

People are getting much more back on average than they pay in.

 

I doubt that.In fact,consider all the interest accrued over all the years
someone pays in.You've hear the pitch.Put away $ 5,ooo dollars at
age 30 in a secured investment and 40 years later at age 70 you've
made a million.Same thingy in figuring SS.

 

See my last post by golly. I am not trying to be a smart ass here but really if you got back what you paid in for most it would be gone in a few years. SS is nothing more that a Ponzi Scheme. Your money is going to people collecting now and you will get what future generations pay in. Wages are going down and the employment market is shrinking.

Many people do get it that never paid in as well some for life. 20-80 years.

 

Please do not over-read into what I explicitly say. Respond not to what you think I mean, but what I say.

Now go back through the last couple of pages and read what I have said about my political suggestions concerning land ownership.

 

Yes,SS is a Ponzi scheme.But there's nothing one can do about that
now but to save it and keep it from dissolving further.The Ryan
plan does that.All democrats want to do is kick the SS can down the
road for another day.President Bush was laughed at for bringing it
up 10 years ago.His idea was to offer a Privitization of SS.
Using vehicles like the stock market as many have done with their 401K
programs.

 

Too Unamerican and archaic.Sounds like something Taras Bulba would
sign on to.

 

Collectivist nonsense.

You probably didn't even interpret what I said correctly, but whatever.

 

Nope SS is not invested like that. The money is put into funds and honestly the income barley covers the expenditures.

http://www.ssa.gov/OACT/STATS/table4a3.html

And this may be of interest to you:

http://money.cnn.com/retirement/guide/SocialSecurity_basics.moneymag/index.htm

 

There are two realistic things we can do that could yield positive manufacturing job growth:

1. Eliminate government created minimum wage laws. Move to a German style negotiation system and reaffirm contract law and collective bargaining between industry and unions.

2. Create the best tax system for producers by providing the greatest amount of investment capital for businesses, while providing ample capital for consumers to meet and encourage production. Eliminate the income tax, the death tax, the corporate income tax, and the capital gains tax. Implement a 6% derivatives and securities tax on such financial assets' notional values. Move Social Security, Medicare, and Medicaid on budget so that it is supported by the derivatives and securities tax first, and FICA/SECA taxes second. Implement a larger payroll tax cut. Over time, adopt temporary individual income tax structures with a maximum 5% rate for the purpose of dealing with exorbitant economic expansion and/or revenue shortages (A derivatives and securities tax's annual revenue yield decreases over time. Maximum revenue is $14.88 trillion out of the $248 trillion in current notionally valued derivatives/securities.).

 

I disagree with a 401K but a direct voting stock plan would be good.

The IRA, Money market and 401 have cost Americans jobs. Blind investing is a bad thing in the long run.

 

No one knows for sure why SS has been going bankrupt.Probably
the 40 years that the House democrats were in charge and
it was never audited.Yes,there is supposedly a Social Security Trust Fund.
But it's not a Lock-box as Al Gore was trying to spiel.
Accuraries can probably predict the lifespan of current SS beneficiaries.
But even that is daunting because people live longer today than say
back in the 1980's.SS comes from the Payroll tax.
Even super Liberals like Tom Harkin are amazed that Obama and
Pelosi seem totally OK with this Payroll extension.he was stunned
last week when it got passed.He said never in his life did he think
any democrat would basically make a cut into their sacred
of all Cows or Social Security.

 

I hear this alot, but the key issue here is that those manufacturing jobs that left to China are not coming back, sorry to break it to you. It all comes down to incentive, wages in the U.S. are just too demanding than those in China or elsewhere (even if the U.S. changed taxes etc.) What the U.S. CAN do, is invest in new industries like technology. In a more globalized world, manufacturing is just cheaper in developing nations.

 

I don't think the American Pioneer spirit is dead just because China
can produce things cheaper { far less labor cost }.
One area then is go back to a tariff system where China has to pay
tariff rates on all goods they import into this country.Yes,that will
cause their products to cost a little more,but it might force them to
accept more of ours.

 

That's a matter of perspective...Is the Earth massively overpopulated(?) or is it just too small(?)
I think that the real issue is; 'laptop computers'. Infants used to get stuffed animals, toy trucks, plastic army men, dolls, cowboy outfits that they grew into and played with and developed their motor skills with. Today, mum and pops can't wait to get 'em their very own 'laptop'.
They go to kindergarten with that laptop and it's with them until they graduate. Then on to college..laptop in tow. The thought of getting a job in 'manufacturing' where they work on some big machine...without that laptop, not only terrifies them...it repulses them. They've been indoctrinated (thank you self esteem) to believe that they, with their laptop appendage, have been trained all their lives to be leaders, managers, dare I say 1%ers. Leaving their laptop and replacing it with a lunchbox? Not them baby...they're special.

 

Actually they are coming back now. China cant keep its costs down.

http://behindthewall.msnbc.msn.com/...chinas-soaring-costs-could-help-american-jobs

http://mojo.community.mfg.com/marke...uters-mfg-com-survey-confirms-reshoring-trend

Britain as well:

http://www.telegraph.co.uk/finance/yourbusiness/7885514/Manufacturing-returns-to-Britain.html

Yeah economists will tell you many things but what they do not tell you are a few things (there ate many more).

1. There will not be enough work to go around and the US will become a socialist republic.

2. As tax revenues and the market shrink the US will get into deeper debt until it causes a war or the US becomes like Greece.

3. Welfare is not working as the long term stimulus that it is meant to be. Welfare and Tax credits are supposed to multiply through the economy but an unfair and unbalanced trade policy cause money to go out the door.

4. They will tell you that the budget defect and trade defect are not related but as anyone who is over 30 can tell you it keeps growing and it is at an exponential rate. I do like to blame Obama and the democrats for this but the fact is the American people are the issue. We are too cheap for our own good.

With a shrinking job market there are less tax receipts. Yeah there looks like more money but that is just because stupid ass blind investors bought into the 401K/IRA/Money Market bull(*)(*)(*)(*) and gave the companies more power (money) to control government and gave them the power to proxy your vote so they could leave the US.

5. The current economic model that is used is broken.

So to be blunt. Keep listening to the (*)(*)(*)(*)ing economists and CEOs. I guess you like that dick.

 

You're assuming that the ONLY problem we have is a skills shortage, and that this skills shortage is caused mostly by people using advanced technology, which is absurd.

We do indeed have a skills shortage, but it's because of the fact that the people who reproduce the most are the people with fairly poor genes and who live in fairly economically poor environments, which breeds economic failure.

My solution? We require people to have an economic license to reproduce, or at least, to not have any children they have, taken away from them.

 

I meant Export.

 

I don't assume that. I assume that very few grow up with dreams of working on some assembly line and spend their working lives putting tab A in slot B. I use the 'laptop' metaphorically. Young people become technology oriented very early in life these days. Most educators lead their students to expect to start either at the top or close to it. Taking a job in manufacturing is 'settling' to them. They don't want to get 'stuck' earning a living in manufacturing. They've been thoroughly indoctrinated into believing that they're 'better than some assembly line worker'.

 

What are you trying to get at? That they'd turn down a manufacturing job if it were either that or nothing? You don't understand people my age whatsoever. The reason why a lot of people my age don't have jobs is because there aren't very many jobs available. Largely, this is due to businesses simply not hiring due to excessive government regulation; they don't want to hire employees that might cause them legal problems. That is the fault of the government.

It's also because if we were paid 70 cents or $1.50 USD an hour (which is roughly the range of the going rate for these jobs in China youre talking about), we wouldn't be able to afford living in the U.S., which is by far more expensive than China.

Basically, you older people are sucking up all the money/resources.

 

And this is an issue. Some people do not have the brain power to move beyond menial labor, some do not have the proper attitude to move into a controlled environment and some of us just prefer to get our hands dirty.

I gat asked many times what I plan on doing after I finish some masters programs and I simply say work the floor and teach part time. I love to sweat and work myself into a frenzy. Yes I hurt but I thank God that I am capable. I have turned down jobs in engineering departments. When I was in management I not only ran the plant and managed the supervision I went out on the floor and busted my ass. I was told more than one time that it was not my job but the numbers spoke for themselves.

Hourly parts production went down, rework went way down and throughput went up. Less scrap and making every hour productive fixed things. More useful work in less time and increased total production. No more 50% rework.