Why do we have so much off shoring of jobs?

False. Middle Class jobs are more productive than jobs occupied by the working poor. These are people most vulnerable; not the middle class.

You're not saying anything here that really means anything. Every economy transitions from a specific stage and has a concentration of jobs synonymous with those stages.

Lower productive jobs were part of those stages; we don't need those jobs anymore. Those jobs are better off in economies that are making efforts to transition from their agricultural/industrial stages.

They are creating higher paying jobs. You just don't understand what those jobs are.

Once upon a time, elevators were run by operators (people who just sat in an elevator and pressed the floor you wanted to go to). We don't need those jobs anymore because a computer operates it.

Banks used to have tellers at every window. Now they only need about three maximum.

Assembly lines used to have people who operate them. Now machines do the majority of the work.

Do you not think jobs were created to build, maintain and fix elevators based on the needs of the infrastructure? Do you not believe the same services are used for our ATMs? What about people who supervises these automated assembly lines? Do you believe these jobs pay lower on average or higher?

If the advances in technology increase rapidly (which it is) and the requirements in the workplace becomes more rigorous, employers will increasingly demand laborers with a unique skillset.

If marketplace participants are not getting educated, it only becomes a matter of time (probably a decade) before their skills are obsolete.

 

How could anyone forget your fantasies?

 

And the poor are getting poorer in the US.

If you want to talk pollution as if it is a different topic--billions of tons of garbage endd up in the ocean from cruise ships and cargo ships; 1.5 million metric tons of nitrogen pollution gets dumped into the ocean out of the MIssissippi River alone ever year, creating a massive dead zone; 40% of the lakes in America are not safe for fishing due to pollution; the US has 5% of the world's population and creates 25% of its pollution while using roughly 25% of the coal, oil, and natural gas; and over a trillion gallons of sewage and contaminated storm runoff enters the US surface water every year

Already refuted above.

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No we are not. Median household income is declining in the US.

No it is currency dilution.

That is rich. You talk about people with REAL educations and when you are shown wrong, then you pretend that society benefits when people with REAL educations lose their job.

Like shooting fish in a barrel: http://www.onein3boston.com/2010/08/05/the-demise-of-the-stock-broker/

You haven't offered a single data point or source, so I am about three laps ahead of you. It is what happens when you have a REAL education.

 

False. Middle Class jobs are more productive than jobs occupied by the working poor. These are people most vulnerable; not the middle class.

Bull(*)(*)(*)(*). Offshoring and hiring illegals makes ALL wages go down and all jobs harder to get

They are creating higher paying jobs. You just don't understand what those jobs are.

The job market changes and the job seekers adjust...and there's been downward pressure on All workers for 30 years because of supply side economics..

If the advances in technology increase rapidly (which it is) and the requirements in the workplace becomes more rigorous, employers will increasingly demand laborers with a unique skillset.

Because of that previously mentioned downward pressure on labor rates across the board...employers can be more picky about who they hire. College educations (which cost a small fortune) are now required for jobs that don't warrant them and pay only $40k a year

 

the working poor are much of the middle class, because the rich stole their wealth by sending jobs to poor countries.

the western white countries were superior it is a fact i am sorry, it was because they were christian and made their economies work for the people and didn't allow greed from the rich to make them poorer.

we need those low skilled jobs for the majority of the country who didn't have the privilege to be educated.

those jobs are swindles, they make i fone apps and casino bets on wall street

what matters more is taking care of our people with good living standards, not living like the foreigners in third world countries. that is why they come here for better lives, and we don't go there.

the banks need less tellers today because no one has any money.

those machines are making products for fewer people who can afford to purchase them.

these fancy elevators aren't being used by half of Americans, what good is technology if only the rich can enjoy it.

the technology jobs are increasing fast for the rich, not the poor who can't afford technology, nor have the education to work for technology.

the people are not to blame for the failures of the rich in not getting them educated for fancy jobs.

 

Too bad you can't do anything about it.

 

No.

I don't know what to tell you. The data shows that our access to drinking water is significantly higher.





And I'd post more photos, but I am at the limit. The first world is significantly cleaner.

Of course it is; because more people are becoming richer.

That's not a real term. Prehaps you would like to be more specific.

I don't think I've said "REAL educations," nor have I defined what a market participant with a real education is; then again, I don't need to. The market already determines what fields are pratical and which ones are not.

We have studied return on educational attainment heavily since the beginning of the great recession, and it's clear: not all majors are created equal (especially not in the legal field).

I don't know how I can explain this to an industry outsider, but I guess it doesn't hurt to try.

eTrade is a self-directed individual investor geared towards retail investors. It's purpose is to replace full-service brokers, which are essentially brokers that facilitate trades and offers clients financial advice based on their knowledge and research of the markets.

However, once you've replaced your RFA with eTrade, you'll still have a broker. This is called a "Discount-Broker." Their purpose is not to provide you with financial advice, but to fill the trades you ask for.

Again, eTrade isn't replacing brokers; it's merely swapping one broker for another. You would understand this if you've traded a day in your life, but don't take my word for it. The service is free.

Because you haven't asked for anything specifically. It isn't my job to data-mine for you, despite being good at it.

I also don't know when we started valuing acedotal claims over the lack of data, but okay…

 

One of the greatest economic myths regarding immigration.

There are skills businesses need; employees need to have those skills. Not having those skills is akin to being unemployed or working at a firm that is less than desirable.

Are you really trying to blame the employer for your lack of skills?

The lifetime earners far exceeds the short-term cost.

 

The data shows that people are moving from the middle class to upward income quintiles.

Well, I've heard worse fairytales.

I don't know what you think you are gaining by trying to preserve the jobs of the past, other than creating more structural unemployment.

I don't know what that means…

When we trade with others in the world, both parties become better off.

This has been proven time and time again.

Apparently you believe it takes so many people to take money from strangers. Maybe we should additional people just to change lightbulbs, too.

I don't think so.

As long as one person is able to enjoy a good or service, that is all that matters; jobs will be created devoted to the consumption of that good.

There are more owners of cellphones and computers in this country than firearms.

Yes they are.

 

Off shoring will never stop. Just like the foreign auto companies came to the economic conclusions that the better produce their cars in the US. Part of the offshoring is directly tied to Corporate Taxation and Tax incidence. Tax incidence studies prove that corporations DO NOT PAY MOST OF THE TAX LEVIED AGAINST THEM. They are passed on to the consumer or labor.

The we get down to the fairness of the issue. For foreign countries to buy our products we need people overseas to have a good enough job to buy them; in addition, it is immoral to try to keep all the good jobs in the US as others like to feed their families too. Even so, offshoring jobs does not reduce jobs in the US.

Oh, and your comment about slave labor is ridiculous. The wages paid in most country are relevant to the style of living in those countries. They may be low for the US but not the workers in India or Malaysia or Indonesia. Have you ever been to one of them? I have, I lived in India when the average wage for a domestic was $30 a month, and they maintained a life style comfortable in their environment. At the time US wage equivalence was about $500 dollars a month.
good night and have a wonderful time residing in your opinions instead of learning the facts of life.

 

Support Trump if you want; he's probably coming closer than anybody else right now. It's just that renegotiating trade agreements is going to get us about 5% of the way there. We need to recognize that if we want our country back, our economy was never like the rest of the world (except maybe parts of Europe and Japan) and we're going to have to get real protectionist. Trust me on this, renegotiated trade agreements ALONE are never going to work their was down to the labor and middle class levels. You're being snookered.

 

trump isn't a miracle worker but he is speaking out against the rich when no one else in politics would ever bite the hands who feed them.

trump is a protectionist, he isn't perfect but he's speaking up for the good fight and giving voice to the little people who aren't college educated nor rich, to enjoy the good quality of life that the older generations had.

 

ask Trump, all his products are made abroad

 

data funded by the rich corporations ? ask real people if their in these upward income quintiles, and don't go to rich liberal or conservative communities.

 

If you consider the Census Bureau a rich corporation…

We do ask them; that is how we know they're in these quintiles. It's called data, sampling, statistics, and other fancy terms you're not familiar with.

 

really your elite team of pollsters funded by the rich corporations dodged bullets in chicago from drug crimes, and those poor oppressed youths told you they were in upward income quintiles?

what about those families who had to leave their farms that they had for generations to live in poverty for corporate america's greed.

 

[video=youtube;RWsx1X8PV_A]https://www.youtube.com/watch?v=RWsx1X8PV_A[/video]

 

No one told me anything. Each month, the Census Bureau does a Current Population Survey and they ask certain households some questions. All they try to do is get an idea of what people are earning.

The margin of error is very low, so a bunch of drug dealers or baller wannbes screwing with the survey isn't going to effect very much.

What about them?

 

did they ask all those people in flint michigan who got lead water from their government who does these polls, if they felt they were in upward income quintiles as well?

 

Since the data covers the entire population, I would assume so.

 

i guess the government is right then, if flint michigan residents who get lead water and chicago residents who live in war zones say their in upward income quintiles, its true.

thanks for the discussion.

 

Never knew why you believe they weren't telling the truth to begin with.

Who knows more about your financial stability than you?

 

Read the facts before making statements based on personal opinion. for every job off shored (mostly menial work) we create 1.72 jobs here in the US of a more complex nature requiring more skilled workers.
ISSN 2042-2695
CEP Discussion Paper No 1147
May 2012

 

Even though you have never been in business perhaps pretend that you are in business, makes no difference your product or services, but what's important is you have competitors and consumers who demand lower and lower prices. Let's pretend you and your competitors are selling Product A for $50 and you're all happy with this because your businesses are operated similarly. Then one day Company 1 finds they can buy all of their injection molded parts in Asia saving $10 per unit and they lower their price to $40...what happens to you and the other competitors when the consumers are buying the $40 products? Well you will scramble, you will cut expenses, but you still can't compete, so now you either source your injection molded parts from Asia or just close the doors. My guess is you will go off-shore. Guess what; this also happens to your metal parts, your electronic parts, final assembly, shipping, etc. and all the companies keep finding ways to not only cut their costs but stay on top. It becomes a vicious cycle to satisfy the demands of consumers who want low prices and great products. At no step in this process is 'greed' a motivator!

Most Americans are hypocritical in they whine about this stuff but refuse to pay higher prices which ARE REQUIRED when producing in the USA. Americans are so stupid demanding higher and higher wages, more benefits, less work, then wondering why stuff is built off-shore...

 

Last I heard, Trump is asking the little people to take a PAY CUT and then maybe he'd find them a job. Isn't that what you heard? Have you heard him ask the financial elites to take a pay cut? The only thing I've heard him say regarding the rich is that he wants to do away with the estate tax.