Article

2010-03-10 Economy

Barry's psyops campaign masks reality - Jesse's Café Américain

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Posted by Besoeker 2010-03-10 15:05|| || Front Page|| [6 views ] Top

#1 These morons in Washington have screwed up the economy royally. You can't have a sustained recovery without a manufacturing base that provides good long-term jobs for people. About the only people doing well in this recession [depression] are politicians, government workers, and the financial people on Wall Street that helped get us in this mess. You cannot have a healthy economy when it is all directed from Washington and when it ignores the private sector.

Posted by JohnQC 2010-03-10 18:48|| 2010-03-10 18:48|| Front Page Top

#2 JohnQC and all knowledgeable Ranties, can someone explain what kind of manufacturing base is even possible in this day and age that would provide large scale job potential?

It seems that all the mass employment areas have long since been transferred to computerized equipment and that there are no auto-industries that could gainfully employ large numbers of relatively untrained workers. This isn't the depression when thousands of backs with shovels are needed.

I'm not a luddite and not averse to progress but I don't have a vision for a new economy with a high number of well paid jobs. Heck, there's even less need for programmers than 25 years ago do to the amount of automation in that business. (30+ years in software here so I know what I'm talking about)

Where are the jobs that make good money in the new world and how are people going to be trained to fill them? It seems that high paying jobs for most people was also a bubble that is bursting.

Posted by Alanc 2010-03-10 19:08|| 2010-03-10 19:08|| Front Page Top

#3 can someone explain what kind of manufacturing base is even possible in this day and age that would provide large scale job potential?

None! We've eaten the seed corn.

Posted by Besoeker 2010-03-10 20:09|| 2010-03-10 20:09|| Front Page Top

#4 People who are obsessed by things in boxes (manufacturing) and exports know nothing about the real economy. If there's not a demand for things in boxes then making them is pointless.

The real economy functions on the individuals reciprocally exchanging their time and the comparative advantage this creates. This naturally maximises demand fulfilment and quickly responds to shortage.

Posted by Bright Pebbles 2010-03-10 20:16|| 2010-03-10 20:16|| Front Page Top

#5 The real economy functions on the individuals reciprocally exchanging their time

....for the things in boxes.

Posted by Besoeker 2010-03-10 21:26|| 2010-03-10 21:26|| Front Page Top

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