FEOS
Bellicose Yankee Air Pirate
+1,182|6701|'Murka

DrunkFace wrote:

Hurricane2k9 wrote:

It's been about a year and a half since the shit really hit the fan. And still unemployment sits at awful levels.
Any economic policy changes take a minimum of 12-24 months to have nay effect on the Economy at all, and employment levels lag behind what is happening in GDP growth. Also take note this recession was meant to be as bad or worse then then the great depression which lasted almost 4 years. 18 months is just the beginning.

Canin wrote:

Dilbert_X wrote:

Its been going on longer than that. The artificial inflation of the minimum wage had and has a lot to do with our current problems. Think about it, you force a raise in starting salaries through out the nation. Those companies then have to raise the pricing of their goods due to the fact that the work force costs more. Just because the entry level gets a pay raise does not mean the people already working and earning more than minimum get an increase. Yet they still have to pay more for the goods they were purchasing prior to the increase. Thus you have inflated pricing of goods and the workforce cannot afford to purchase them.
That is complete bullshit. I bet all those companies were still pumping out billion dollar profits and paying the CEOs and upper management multimillion dollar bonuses. Not to mention Australian has a minimum wage three times that of the US and is one of the few economies to not enter a recession and by far the best performing developed nation over the past decade.
The Aussie minimum wage is AUS$23.60 per hour? Seriously?

That's awesome.

Oh wait...it's not.

Last edited by FEOS (2010-03-19 03:09:05)

“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein

Doing the popular thing is not always right. Doing the right thing is not always popular
11 Bravo
Banned
+965|5528|Cleveland, Ohio

FEOS wrote:

DrunkFace wrote:

Hurricane2k9 wrote:

It's been about a year and a half since the shit really hit the fan. And still unemployment sits at awful levels.
Any economic policy changes take a minimum of 12-24 months to have nay effect on the Economy at all, and employment levels lag behind what is happening in GDP growth. Also take note this recession was meant to be as bad or worse then then the great depression which lasted almost 4 years. 18 months is just the beginning.

Canin wrote:

Its been going on longer than that. The artificial inflation of the minimum wage had and has a lot to do with our current problems. Think about it, you force a raise in starting salaries through out the nation. Those companies then have to raise the pricing of their goods due to the fact that the work force costs more. Just because the entry level gets a pay raise does not mean the people already working and earning more than minimum get an increase. Yet they still have to pay more for the goods they were purchasing prior to the increase. Thus you have inflated pricing of goods and the workforce cannot afford to purchase them.
That is complete bullshit. I bet all those companies were still pumping out billion dollar profits and paying the CEOs and upper management multimillion dollar bonuses. Not to mention Australian has a minimum wage three times that of the US and is one of the few economies to not enter a recession and by far the best performing developed nation over the past decade.
The Aussie minimum wage is AUS$23.60 per hour? Seriously?

That's awesome.

Oh wait...it's not.
lol
BLdw
..
+27|5462|M104 "Sombrero"

Kmarion wrote:

We outsource our jobs because we don't want to pay $600 for an iPod.
Is that really the reason we outsource our jobs? Can you think of any other reasons why we would have to pay $600 for an iPod if it was produced here?

Last edited by BLdw (2010-03-20 06:16:23)

Dilbert_X
The X stands for
+1,817|6396|eXtreme to the maX
Australian min wage is A$14.31 = U$13.10, so almost double the US min wage?
Fuck Israel
Hurricane2k9
Pendulous Sweaty Balls
+1,538|5992|College Park, MD

BLdw wrote:

Kmarion wrote:

We outsource our jobs because we don't want to pay $600 for an iPod.
Is that really the reason we outsource our jobs? Can you think of any other reasons why we would have to pay $600 for an iPod if it was produced here?
It's because it's a lot cheaper to do manufacturing in Asia than the US.

Asia:
Build factory
Hire some locals
Pay off inspectors if necessary

USA:
File various permits with various government agencies
Go through various inspections
Deal with unionization, or be ready to deal with it
Overpay your workers which is sustainable as long as people are buying your products
Give incredibly generous perks to your workers thanks to their unions
Pray that somebody doesn't undercut you because then you're screwed

The USA model is a good example of why all of the Big Three auto manufacturers are/were in such dire conditions.
https://static.bf2s.com/files/user/36793/marylandsig.jpg
Cybargs
Moderated
+2,285|7007

Dilbert_X wrote:

Australian min wage is A$14.31 = U$13.10, so almost double the US min wage?
The shit?

I wouldn't pay a teenager 13 bucks an hour to fucking flip burgers.
https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png
Shahter
Zee Ruskie
+295|7066|Moscow, Russia

Hurricane2k9 wrote:

BLdw wrote:

Kmarion wrote:

We outsource our jobs because we don't want to pay $600 for an iPod.
Is that really the reason we outsource our jobs? Can you think of any other reasons why we would have to pay $600 for an iPod if it was produced here?
It's because it's a lot cheaper to do manufacturing in Asia than the US.

Asia:
Build factory
Hire some locals
Pay off inspectors if necessary

USA:
File various permits with various government agencies
Go through various inspections
Deal with unionization, or be ready to deal with it
Overpay your workers which is sustainable as long as people are buying your products
Give incredibly generous perks to your workers thanks to their unions
Pray that somebody doesn't undercut you because then you're screwed

The USA model is a good example of why all of the Big Three auto manufacturers are/were in such dire conditions.
so, you do understand what globalization and free market have done to your own economy... but you still defend that crap from "evil socialists"? you want that fucking financial capitalism you build to run wild and be free from any and all regulation - and just hope that somehow it will fix itself? really?
if you open your mind too much your brain will fall out.
cpt.fass1
The Cap'n Can Make it Hap'n
+329|6986|NJ
I don't think our Min wage is 13.10 I think it's 7.55.. But anyway the min wage = maybe 5.50 cash because of our taxes. I'd rather lower salary in the government and lower taxes then keep going up.

Make it so it's affordable to live in the U.S. for 30k, on the books instead of watching all of our congressmen and women giving them 6% cost of living increases. I'm know there's alot of factors that are based on economy but isn't inflation really controlled by the salaries of the government employment? Taxes increase to pay salaries and then there salaries have to go up for cost of living..
eleven bravo
Member
+1,399|5550|foggy bottom
recessions been over the last few months
Tu Stultus Es
cpt.fass1
The Cap'n Can Make it Hap'n
+329|6986|NJ
Really? How can you tell?

Is it due to the high unemployment. unemployment also isn't calculated by the people who aren't working, it's calculated by the people who are collecting. Students in and out of school don't count, prisoners(yes I know but they're making up a large portion of our population recently), and people who's benefits ran out don't count.

So I'm pretty sure most people who lost their jobs two or three years ago, can't collect anymore.  Are we going to turn in Poland, the middle east and Mexico? Probably, lets all move to Canada, I heard they have awesome moose milking jobs.
BLdw
..
+27|5462|M104 "Sombrero"

Hurricane2k9 wrote:

BLdw wrote:

Kmarion wrote:

We outsource our jobs because we don't want to pay $600 for an iPod.
Is that really the reason we outsource our jobs? Can you think of any other reasons why we would have to pay $600 for an iPod if it was produced here?
It's because it's a lot cheaper to do manufacturing in Asia than the US.
Ok, but how's the profit of one product distributed?

Hurricane2k9 wrote:

USA:
File various permits with various government agencies
Go through various inspections
Deal with unionization, or be ready to deal with it
Overpay your workers which is sustainable as long as people are buying your products
Give incredibly generous perks to your workers thanks to their unions
Pray that somebody doesn't undercut you because then you're screwed
What's the percentage (%) you think that all this hassle is going to cut the profit of a product? And then, how is that percentage distributed amongst workers (=everyone working for that company)? Where is the initial cut going to take place if said company is having worse year than previous one?


I want to ask this again. I want to seriously know, how many here firmly believes that we outsource our jobs because we don't want to pay $600 for an iPod.

nub wrote:

Is that really the reason we outsource our jobs?
CameronPoe
Member
+2,925|6846

Hurricane2k9 wrote:

Asia:
Build factory
Hire some locals
Pay off inspectors if necessary

USA:
File various permits with various government agencies
Go through various inspections
Deal with unionization, or be ready to deal with it
Overpay your workers which is sustainable as long as people are buying your products
Give incredibly generous perks to your workers thanks to their unions
Pray that somebody doesn't undercut you because then you're screwed
Yeah I wish I lived in a nation more like Bangladesh too.

Last edited by CameronPoe (2010-03-20 10:48:36)

Shahter
Zee Ruskie
+295|7066|Moscow, Russia

BLdw wrote:

I want to ask this again. I want to seriously know, how many here firmly believes that we outsource our jobs because we don't want to pay $600 for an iPod.
those who actually make decisions to outsource your jobs aren't conserned with you - their only goal is to make profit. utilyzing asian slave labour is more profitable and it would be even if you removed any and all "obstacles" that government/unions etc. place in the way of manufactureres based in usa, simply because nobody would work for a cup of rice a day in the land of the free and the brave. that's why this global market will never fix itself the way you'd like it to, not without serious intervention.
if you open your mind too much your brain will fall out.
Turquoise
O Canada
+1,596|6696|North Carolina

Dilbert_X wrote:

Australian min wage is A$14.31 = U$13.10, so almost double the US min wage?
That probably has a lot to do with Australia's higher cost of living than America's on average.
Kmar
Truth is my Bitch
+5,695|6891|132 and Bush

BLdw wrote:

Kmarion wrote:

We outsource our jobs because we don't want to pay $600 for an iPod.
Is that really the reason we outsource our jobs? Can you think of any other reasons why we would have to pay $600 for an iPod if it was produced here?
If it is mass produced overseas by indentured servants then the profit margins are higher because those evil capitalist pigs are still subject to what the market will bear.
Xbone Stormsurgezz
eleven bravo
Member
+1,399|5550|foggy bottom
you know, a lot of the labor used by these companies gets higher wage than their averager doctor
Tu Stultus Es
Turquoise
O Canada
+1,596|6696|North Carolina

eleven bravo wrote:

you know, a lot of the labor used by these companies gets higher wage than their averager doctor
True...  which is why their doctors come here to make a lot more money.
Cybargs
Moderated
+2,285|7007

Shahter wrote:

BLdw wrote:

I want to ask this again. I want to seriously know, how many here firmly believes that we outsource our jobs because we don't want to pay $600 for an iPod.
those who actually make decisions to outsource your jobs aren't conserned with you - their only goal is to make profit. utilyzing asian slave labour is more profitable and it would be even if you removed any and all "obstacles" that government/unions etc. place in the way of manufactureres based in usa, simply because nobody would work for a cup of rice a day in the land of the free and the brave. that's why this global market will never fix itself the way you'd like it to, not without serious intervention.
Why the fuck would I pay someone to do a job when I can get 10 people for the same price? It drives down costs, which is not only a good thing, BUT A NECESSITY to many companies. It also balances the wage for a certain job. Simple supply and demand economics.
https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png
Shahter
Zee Ruskie
+295|7066|Moscow, Russia

Cybargs wrote:

Shahter wrote:

BLdw wrote:

I want to ask this again. I want to seriously know, how many here firmly believes that we outsource our jobs because we don't want to pay $600 for an iPod.
those who actually make decisions to outsource your jobs aren't conserned with you - their only goal is to make profit. utilyzing asian slave labour is more profitable and it would be even if you removed any and all "obstacles" that government/unions etc. place in the way of manufactureres based in usa, simply because nobody would work for a cup of rice a day in the land of the free and the brave. that's why this global market will never fix itself the way you'd like it to, not without serious intervention.
Why the fuck would I pay someone to do a job when I can get 10 people for the same price? It drives down costs, which is not only a good thing, BUT A NECESSITY to many companies. It also balances the wage for a certain job. Simple supply and demand economics.
exactly. that's why they've been outsourcing to asia while simply giving money away to their citizens so that those could keep stuffing themselves with twenty happy meals a day. the problem is - the world cannot sustain their fucking american dream anymore. they have been printing dollars for far too long, they've even been borrowing them back so that they could keep paying everybody for stuff. now they've finally hit a dead end. what's next? if you listen to some of them economical geniouses around these forums, nobody should be trying to bring this madness under control - on the contrary, actually: this shit should be left alone... and it will fix itself.

Last edited by Shahter (2010-03-20 14:19:00)

if you open your mind too much your brain will fall out.
Jay
Bork! Bork! Bork!
+2,006|5648|London, England

Shahter wrote:

Cybargs wrote:

Shahter wrote:


those who actually make decisions to outsource your jobs aren't conserned with you - their only goal is to make profit. utilyzing asian slave labour is more profitable and it would be even if you removed any and all "obstacles" that government/unions etc. place in the way of manufactureres based in usa, simply because nobody would work for a cup of rice a day in the land of the free and the brave. that's why this global market will never fix itself the way you'd like it to, not without serious intervention.
Why the fuck would I pay someone to do a job when I can get 10 people for the same price? It drives down costs, which is not only a good thing, BUT A NECESSITY to many companies. It also balances the wage for a certain job. Simple supply and demand economics.
exactly. that's why they've been outsourcing to asia while simply giving money away to their citizens so that those could keep stuffing themselves with twenty happy meals a day. the problem is - the world cannot sustain their fucking american dream anymore. they have been printing dollars for far too long, they've even been borrowing them back so that they could keep paying everybody for stuff. now they've finally hit a dead end. what's next? if you listen to some of them economical geniouses around these forums, nobody should be trying to bring this madness under control - on the contrary, actually: this shit should be left alone... and it will fix itself.
Hey moron, every 'economical genius' on this forum wants our government to stop borrowing and spending more money than it takes in in tax revenue. Every last one of 'us'. You don't even know what the 'American Dream' is, just that it's something Putin can make fun of as he's stuffing more bodies into bags and plundering your resources for him and his buddies, you know, just like every government you've ever had has done.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
Shahter
Zee Ruskie
+295|7066|Moscow, Russia

JohnG@lt wrote:

every 'economical genius' on this forum wants our government to stop borrowing and spending more money than it takes in in tax revenue.
i'd really like them do that so that every economical genious on this forum starts screaming murder because he becomes incapable of getting a nickel for his grandma. it's not your government who got you, and the whole world too, into this mess, cretin - it's your bloody dream.
if you open your mind too much your brain will fall out.
BLdw
..
+27|5462|M104 "Sombrero"

Kmarion wrote:

BLdw wrote:

Kmarion wrote:

We outsource our jobs because we don't want to pay $600 for an iPod.
Is that really the reason we outsource our jobs? Can you think of any other reasons why we would have to pay $600 for an iPod if it was produced here?
If it is mass produced overseas by indentured servants then the profit margins are higher because those evil capitalist pigs are still subject to what the market will bear.
Aha. Where's the turning point (if there will ever be one)?

JohnG@lt wrote:

You don't even know what the 'American Dream' is, just that it's something Putin can make fun of as he's stuffing more bodies into bags and plundering your resources for him and his buddies, you know, just like every government you've ever had has done.
What about USA? Can you think of any case when USA has ever done anything like you mentioned above?

Edit:

Shahter wrote:

those who actually make decisions to outsource your jobs aren't conserned with you - their only goal is to make profit. utilyzing asian slave labour is more profitable and it would be even if you removed any and all "obstacles" that government/unions etc. place in the way of manufactureres based in usa, simply because nobody would work for a cup of rice a day in the land of the free and the brave. that's why this global market will never fix itself the way you'd like it to, not without serious intervention.
Maybe.
But I'm not wanting anything... I'm only asking questions here.

Ah, well, maybe I want answers.

Last edited by BLdw (2010-03-20 15:11:12)

ATG
Banned
+5,233|6820|Global Command
I'm pissed because it seems that just as we are about to begin to recover economically this health care deal seems like it will be a jobs killing trainwreck.

I am pissed at the contradictory information that makes it hard to understand and the shady tactics the dems seem to be using.

None of this is good.
Cybargs
Moderated
+2,285|7007

Shahter wrote:

JohnG@lt wrote:

every 'economical genius' on this forum wants our government to stop borrowing and spending more money than it takes in in tax revenue.
i'd really like them do that so that every economical genious on this forum starts screaming murder because he becomes incapable of getting a nickel for his grandma. it's not your government who got you, and the whole world too, into this mess, cretin - it's your bloody dream.
lol... Fucking fear mongering. The world has been into worst parts ya know? It's funny you keep on blaming America for everything when your country has been in complete shit by itself many many times. Go have another revolution and see how far communism gets you again.

The US debt may seem a lot by numbers, but you must remember the US GDP is around 14 TRILLION dollars per year.
https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png
Dilbert_X
The X stands for
+1,817|6396|eXtreme to the maX

Turquoise wrote:

Dilbert_X wrote:

Australian min wage is A$14.31 = U$13.10, so almost double the US min wage?
That probably has a lot to do with Australia's higher cost of living than America's on average.
The weather is nice though, and we don't have mexicans.
Fuck Israel

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