Scholarship table
C'mon Surgeon - you were there for the wheel.
Maybe we should encourage manufacturing jobs again, or major pipeline to be built, etc, etc. Many of the jobs lost have been lost because of whacked policies as well. Let's not blame it all on technology. People will adapt. You want a guaranteed job, become a mortician or someone that works in the tax industry of some kind.
We had many. Then a large number got moved overseas where production was cheaper thereby lowering cost to consumers as well as increasing corporate profits. Everyone wants to have their cake and eat it too
Yes, and a large number also went away because of onerous regulations as well....EPA, etc. You can't forget those.
Blah, blah, blah.... let's listen to Chicos as he tells (AGAIN) us how the liberals are destroying the economy.
To be fair, there are some regulations that are 1. dumb and 2. have unintended consequences. But there are still a ton of jobs that were taken away due to profit/bottom-line issues
100% of jobs are taken away due to profit/bottom line issues. That is the way it should be.A job that does not produce a profit has another name for it .. charity work.
I agree with your points. But the majority regulation is there for safety or because of prior abuse. Do plane tickets cost more because of regulation? Of course, but would you trust your safety to a for-profit company whose margin would increase if they skimped on safety? Would you let your grade school kids walk to school if there were no regulations on operating motor vehicles? I could give a hundred other examples, but you get the point.But greed also has a lot to do with the overall picture. Is it right that the waltons are Billionaires on the backs of minimum wage workers here and child labor in other countries? Not exactly a profit/bottom-line issue. Huge profits would still be there if they sold "made in America" goods or paid their workers a living wage. You and I would not then be required to subsidize their health insurance with our tax dollars.
That ship has sailed permanently. ]November 1941 (month before pearl harbor) total manufacturing jobs in the US = 12.81 millionAugust 2014 (latest data) total manufacturing jobs in the US = 12.16 millionWe produce 15x more stuff than the month before Pearl harbor with less employees. Restated, we had more manufacturing jobs 73 years ago than today.As I noted above the US auto industry will make 17 million cars this year, same as 2005. But it will do it with 40% less employees.Things that are done with your hands are in permanent decline. They are being replaced by robots and computers. Things done with your brain will eventually be replaced too, but that is coming later. Right now, as Elon Musk noted with his Giga factory, he's going to try and do it with zero employees. 3d printing and factory-less manufacturing means we are trying to make stuff with no people involved. Don't bet against it.
How do you define profit? Just financial?
We could do much more if we wanted, but the costs are too high in this country and whacky regulations (which drive those costs) mean the jobs go elsewhere. Now before some idiot starts saying clean water and air and blah blah scare tactics at me, of course the American people want that. The question becomes at what point does it go too far? At what point does 5 parts per billion need to go to 3 parts per billion and has no recordable environmental impact but means a bunch of jobs are loss as a result. Those are the questions that I believe should be asked and analyzed.Of course, we could keep building choo choo trains that very few people will ride and cost an enormous amount of money to build and maintain....if one can get into that sector you have a chance on easy street for a while.
Is it right that the waltons are Billionaires on the backs of minimum wage workers here and child labor in other countries?Wow! this says more about you than this topic ... and most of it is not good.
Oh my, more generalizations from the man from Orange Cty. Time to return to the IGNORE button.
not a fan of confucius eh?
Your argument is over-generalized and antiquated. Regulation to address the low hanging fruit of past deficiencies has been in place for years. We have now reached the point of diminishing returns with a larger portion of tax dollars used to sustain bureaucratic inefficiency and incompetency. Regulation is no longer the primary driver for industry. Priority on safety and environmental stewardship is driven by interest in protecting employees as assets while keeping in mind that compensation claims, tort litigation and civil court penalties cost more to address than regulatory non-compliance. Environmental and safety stewardship is highly visible in corporate annual reports with increasing attention from a larger proportion of investors. Regulatory compliance is becoming the minimum performance expectation with internal policies based on international standards and best practices.