must agree the problem was way before bush.............never should have signed the free trade agreement either...maybe revize it as a fair trade agreement
Who Do You Blame For Job Losses?
- Thread starter HeyFellas
- Start date
Facetious
Moderated
not even a mere goose egg
It's true, only because they are both the same to me because I would never drink either. If other people want to kill their brain cells drinking "tasty"
beer, good for them.Re: Huh?
I can't deny there are some good American cars. Cadillac still produces a very good product but of course you get what you pay for.
But the American's really dropped the ball when they didn't have a car to compete with the Prius. Furthermore, no American company can match the value of Hyndai. I'm not saying I'd buy a Hyndai, but I'd rather have one of those than a Pontiac for the money.
The last couple of years the American car companies have been putting out better products but that doesn't make up for the lousy quality of the previous 10-20 years.
Regardless, I don't know who has the confidence to buy an American car now when even with with bailout money GM, Chrysler, and Ford could literally fold any day now.
I can't deny there are some good American cars. Cadillac still produces a very good product but of course you get what you pay for.
But the American's really dropped the ball when they didn't have a car to compete with the Prius. Furthermore, no American company can match the value of Hyndai. I'm not saying I'd buy a Hyndai, but I'd rather have one of those than a Pontiac for the money.
The last couple of years the American car companies have been putting out better products but that doesn't make up for the lousy quality of the previous 10-20 years.
Regardless, I don't know who has the confidence to buy an American car now when even with with bailout money GM, Chrysler, and Ford could literally fold any day now.
Re: Huh?
Furthermore, I definitely wouldn't blame the American engineers, I'm confident they are among the best in the world and remain innovative. But, the engineers don't decide what comes to the marketplace. The executives make those decisions. That's where American car companies have failed.
Furthermore, I definitely wouldn't blame the American engineers, I'm confident they are among the best in the world and remain innovative. But, the engineers don't decide what comes to the marketplace. The executives make those decisions. That's where American car companies have failed.
According to the numbers I have, the problem started way back in the sixties.......1970 had the highest level of unemployment since the thirties depression in Britain. That's why I'm blaming machines rather than any other possibility.
On the subject of American cars, I am partial to the Chevy pick-up, but only because of USA-1. If there were no monster trucks I probably would not give U.S vehicles a second look, even the good John Deere tractors are designed and built in Germany.
Which brings me to designers in general, I think you can't beat Japanese and German engineering for most things, unless you want a really unorthodox and innovative machine, in which case go to Holland. American stuff seems to just be bigger, heavier, more powerful. That's not always the best solution. :wave2:
From that list? Illegals. Really though? Obama, Clinton, Bush, McCain and their ilk who hammer home the myth we need an endless flood of cheap labor from god knows where. Just my 2 cents. Thanks.
Nonsense !
The cause of the crash had / has a lot more to do with "freddie maye & fannie macs" involvement in issuing sub prime loans for those, who, in the real world of finance, wouldn't qualify for the home loans they'd received, talk to any loan officer, they'll tell you.
Heck, ACORN had more involvement in the subprime loan scheme than idiot (bush) did. :P Just because it all hit the fan during the "w" presidency doesn't necessarily make him suspect for involvement in the ordeal, or does it ? lol !
I have to believe that fanny & fred was created with an insider, pre - agreement, that the two financing entities would receive a govt bailout when the shit hit the fan, and the rest is history.
It's kind of funny to read this response because in 10 other threads you (and the others on Team Red) will hammer home your belief that GOV'T DOESN'T WORK--GOV'T ONLY MAKES THINGS WORSE
When, based on your response here, Frannie and Freddie would've had to work PERFECTLY to orchestrate all the things that I mentioned because all of the things that I mentioned are connected to our present depression.
Aren't you going to assign just a *LITTLE* bit of complicit-ness on bankers, brokers, deregulation and greed....Where are those Fannie and Freddie offices anyway? I remember seeing that BofA office, WAMU office, Wachovia, SHitibank all offering "American Dream" loans....not to mention the bankers who simply misled their customers and put them in subprime loans without their knowing...how do we punish those people?:dunno:
Isn't deregulation the basic theme? Capitalism does not work because capitalists (and corporations) can't be trusted.
Corporations are in business to make a profit. If the government is not going to help them do that in the States, then by all means, move the factory somewhere that will give them tax breaks for their business. It will be less for them to import their goods back into America than it would be for them to actually produce them here.
The minimum wage increase is also to blame. If the gov't says someone must be paid an amount that they are not worth, then that person loses their job. Plain and simple.
The minimum wage increase is also to blame. If the gov't says someone must be paid an amount that they are not worth, then that person loses their job. Plain and simple.
Ah typical American, "Blaming" something on someone else.... If you are middle class (like myself), and spend more than you make... aka living off credit cards, or as we say paycheck to paycheck.... you should blame yourself for not having anything when the job well dries up. Sorry, I've been around the globe, even living on US Streets is better than half of the world... I mean c'mon, have you seen areas of Africa, Middle-East, or even Eastern Europe? We have nice cushy lifestyle, most people forget that. I sure learned it on my war tours, and from my comrade's tours.
Jobs always come and go, and I'm a red-blooded American, just like the rest of you. I like my freedoms, and I love to push things off on other people too, but let me tell you this... Back in FDR's era the "economic stimulus packages" aka New Deal, hardly did crap for the economy. Guess what, doubt things have changed that much in the nearly 80 years after the first time this happened. One thing I'd love to see this package do though, is stimulate US Infrastructure, making better transportation, and possibly better electricity production (2 very key things to our sovereignty). Oh and guess what, infrastructure jobs not only ring in American spirit, it makes people have lots of money, cause would you work on an interstate for less than 20/Hr?
So what do we know, Capitalism doesn't work because of greed.... Wow, go join the socialist party, and vote, we are capitalists, like it or not... If you want to cap everyone's salary and make a maximum wage, guess what, no one would really strive to be a doctor, or software engineer, they'd pick the easy job in the salary cap. This is plain and simple, you see what you have and want what someone else got.... I mean who here wouldn't want 200 million dollars? Now who want's to work for that 200 million... simple, we are a society of handouts, and thin skinned people (military jargon of easily get emotions hurt). Look at LAWSUITS, it's a major handout now of days, McDonald's coffee spill is the best one I remember. Everyone wants a free dollar first, and an easy dollar second, no one can sit back and work hard to make money anymore (also, before i get flamed of, yes I do... read below). So if you do bust you rear and make 20-30/Hr, what do you do with it, pay off all your debt, or blow it on random things? I mean if you can save 100/week, you'd have 5,200 per year. Simple math, put that in a Roth IRA, get 7-10% interest (still easy to do in a cheap stock environment) and let it build. If you are scared of losses, guess what, buy more of it, at a cheaper rate. I love recessions you know why? I lost nearly 65% of my investment worth, but gained back nearly all of it, and got really cheap stock in the making. Just so you know, I lost 6,500 dollars in 8 days, gained 4,000 of it back in 3 months and doubled the amount of stocks I own.
So you want to know something, I'll throw up my financial profile, just fyi...
3 Years ago, 65K in debt, 2k in retirement, 100 bucks in savings
Today, 10k in debt, 11k in retirement, 5k in savings
Want to know how I did it, and not blow 600 dollars for the "insert someone here's" seminar?
Step 1, make a list of all debts you have and arrange them lowest to highest.
Step 2, attach monthly minimums to that list
Step 3, staple list (or whiteboard/chalkboard/whatever) to wall
Step 4, make a budget, with all kinds of funds attached to it (expeses ect, look below for my example)
Step 5, Put 1K in savings asap
Step 6, pay off Lowest bill first, max amount till it's killed
Step 7, kill entire list except mortgage
Step 8, put 9-14k more in savings
Step 9, pay off the house
Step 10, debt free, start power investing (6k Roth/max traditional)
Here's my example below...
Monthly income (4k/month)
Blow funds (500)
Kill funds (2k)
House (900) includes utilities
Food (600) heh i can go out every once in a while
My bill list aka kill fund
10K college loan (with 2k/month paid on it)
How it started...
paypal c/c 1k (min 100/mo)
c/c #1 7k (min 100/mo)
c/c #2 7k (min 75/mo)
truck 10k (min 145/mo)
college loan 20k (min 155/mo)
college loan 20k (min 155/mo)
----
Total min monthly payments 730 /mo with a 2k fund (that never changed)
1k fund - first month
Paypal - paid off 2 months into it
c/c #1 - paid off 6 months into it
c/c #2 - paid off 13 months into it
Truck - paid off 20 months into it
College loan #1 - paid off 31 months into it
College loan #2 - expected to be paid off in 6 months
Debt free, end of 2009
----
Well this is a job thread not a debt thread, hope you look at this, and say either wow pikachar is a get-out-of-debt guy, or what an idiot, why didn't he keep his c/c's maxed out and live paycheck to paycheck?? In my eyes both are inter connected. Just my :2 cents: and if you are bold like me, ask, I'll try to steer you in the right direction.
Jobs always come and go, and I'm a red-blooded American, just like the rest of you. I like my freedoms, and I love to push things off on other people too, but let me tell you this... Back in FDR's era the "economic stimulus packages" aka New Deal, hardly did crap for the economy. Guess what, doubt things have changed that much in the nearly 80 years after the first time this happened. One thing I'd love to see this package do though, is stimulate US Infrastructure, making better transportation, and possibly better electricity production (2 very key things to our sovereignty). Oh and guess what, infrastructure jobs not only ring in American spirit, it makes people have lots of money, cause would you work on an interstate for less than 20/Hr?
So what do we know, Capitalism doesn't work because of greed.... Wow, go join the socialist party, and vote, we are capitalists, like it or not... If you want to cap everyone's salary and make a maximum wage, guess what, no one would really strive to be a doctor, or software engineer, they'd pick the easy job in the salary cap. This is plain and simple, you see what you have and want what someone else got.... I mean who here wouldn't want 200 million dollars? Now who want's to work for that 200 million... simple, we are a society of handouts, and thin skinned people (military jargon of easily get emotions hurt). Look at LAWSUITS, it's a major handout now of days, McDonald's coffee spill is the best one I remember. Everyone wants a free dollar first, and an easy dollar second, no one can sit back and work hard to make money anymore (also, before i get flamed of, yes I do... read below). So if you do bust you rear and make 20-30/Hr, what do you do with it, pay off all your debt, or blow it on random things? I mean if you can save 100/week, you'd have 5,200 per year. Simple math, put that in a Roth IRA, get 7-10% interest (still easy to do in a cheap stock environment) and let it build. If you are scared of losses, guess what, buy more of it, at a cheaper rate. I love recessions you know why? I lost nearly 65% of my investment worth, but gained back nearly all of it, and got really cheap stock in the making. Just so you know, I lost 6,500 dollars in 8 days, gained 4,000 of it back in 3 months and doubled the amount of stocks I own.
So you want to know something, I'll throw up my financial profile, just fyi...
3 Years ago, 65K in debt, 2k in retirement, 100 bucks in savings
Today, 10k in debt, 11k in retirement, 5k in savings
Want to know how I did it, and not blow 600 dollars for the "insert someone here's" seminar?
Step 1, make a list of all debts you have and arrange them lowest to highest.
Step 2, attach monthly minimums to that list
Step 3, staple list (or whiteboard/chalkboard/whatever) to wall
Step 4, make a budget, with all kinds of funds attached to it (expeses ect, look below for my example)
Step 5, Put 1K in savings asap
Step 6, pay off Lowest bill first, max amount till it's killed
Step 7, kill entire list except mortgage
Step 8, put 9-14k more in savings
Step 9, pay off the house
Step 10, debt free, start power investing (6k Roth/max traditional)
Here's my example below...
Monthly income (4k/month)
Blow funds (500)
Kill funds (2k)
House (900) includes utilities
Food (600) heh i can go out every once in a while
My bill list aka kill fund
10K college loan (with 2k/month paid on it)
How it started...
paypal c/c 1k (min 100/mo)
c/c #1 7k (min 100/mo)
c/c #2 7k (min 75/mo)
truck 10k (min 145/mo)
college loan 20k (min 155/mo)
college loan 20k (min 155/mo)
----
Total min monthly payments 730 /mo with a 2k fund (that never changed)
1k fund - first month
Paypal - paid off 2 months into it
c/c #1 - paid off 6 months into it
c/c #2 - paid off 13 months into it
Truck - paid off 20 months into it
College loan #1 - paid off 31 months into it
College loan #2 - expected to be paid off in 6 months
Debt free, end of 2009
----
Well this is a job thread not a debt thread, hope you look at this, and say either wow pikachar is a get-out-of-debt guy, or what an idiot, why didn't he keep his c/c's maxed out and live paycheck to paycheck?? In my eyes both are inter connected. Just my :2 cents: and if you are bold like me, ask, I'll try to steer you in the right direction.
Facetious
Moderated
^ Although I agree with your sentiment, we should all be mindful that, as they say in investing "past performance should not be any indicator for future results", as we
enter the Obama, fast track of imposition. Have you seen what this guy has done in 1 month ?? Terrifying !
There's a lot of broken people out there that didn't have the foresight, as you apparently had. More power to you and all to be able to sustain a consistent 1k weekly take home salary, however there's a plethora of people who had been in fairly generous commission sale positions out there that are flat on their ass, myself, not included, BTW FWIW.
Sure, it was their choice to accept such forms of employ, but somebody has to do it.
Not a chop at you but sometimes the grass is always greener . .. when things are going good, we tend to have a positive outlook.
Nice Post, BTW :hatsoff:
Again, I can identify with much of your ideals.
enter the Obama, fast track of imposition. Have you seen what this guy has done in 1 month ?? Terrifying !
There's a lot of broken people out there that didn't have the foresight, as you apparently had. More power to you and all to be able to sustain a consistent 1k weekly take home salary, however there's a plethora of people who had been in fairly generous commission sale positions out there that are flat on their ass, myself, not included, BTW FWIW.
Sure, it was their choice to accept such forms of employ, but somebody has to do it.
Not a chop at you but sometimes the grass is always greener . .. when things are going good, we tend to have a positive outlook.
Nice Post, BTW :hatsoff:
Again, I can identify with much of your ideals.
Wow, I would ask are we related, but you know the answer to that as well do I...
Yes I do agree I am blessed to be pulling 1k a week. It's been the reason why I can do what I'm doing, hence you can see my post is more on the greener side of life.
That is the futility of our dollar, hopes and dreams, but that's more in the economic side of the house. Plain and simple, if you know that a dollar is worthless, but has "value" then it makes it easy to sleep at night, or at least in my opinion it does. We can go deep in to the stock markets, and how to invest, and how history tends to repeat, or dosen't... Just remember the market over any 10 year span (haven't checked this, so it's hear-say), has always increased. So I'd say don't lose hope... One day we will bounce back :thumbsup:
I totally agree. Great post!
+1 I believe that people should earn their wage based upon their skills or education. If you have no skills or education, you shouldn't be rewarded with a guaranteed minimum pay (no matter how low the guaranteed pay is).
It annoys me greatly that every time the minimum wage is raised, the gap gets closer between people that get paid well for a reason and people that get paid because the government says they can't earn less.
Furthermore, when you force American companies to pay a certain wage, you increase the likelihood that those companies will outsource jobs to foreign workers, where labor is much cheaper.
NO
The minimum wage is sacrosanct.
It's sacred and holy?
Minimum wage isn't a bad thing, but it just leaves more room for people to bitch about feeling "unappreciated". Minimum wage is different, depending on where you live, but, for conversation's sake, let's assume that minimum wage is $7/HR.
A McDonald's employee with a high school diploma and no experience who earns minimum wage, would earn $7/HR.
A landscaper with a Bachelor's Degree in botany and 5 years experience who earns minimum wage, would earn $7/HR.
Is that fair? On one hand, yes. On the other hand, absolutely not. That's why having a minimum wage does nothing but make people feel unappreciated, leaving those same people to demand more and more money.
