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Thread: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to Be

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by fmw View Post
    The solution is improving the economy.
    Our unemployment rate is low. Corporations have massive cash stores. The stock market is record high. None of these things are being passed down to workers. We need the public to demand that our labor be given a more fair slice of the pie.
    "The side that stays within its fortifications is beaten." ~Napoleon

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Unrepresented View Post
    Our unemployment rate is low. Corporations have massive cash stores. The stock market is record high. None of these things are being passed down to workers. We need the public to demand that our labor be given a more fair slice of the pie.
    The labor participation rate is nearly at an all time low. Corporations are flush with cash because they view a poor economy and overreaching government as a bad environment for investment. The stock market is at a record high because of government meddling with monetary policy. In order get more money to workers you need to shift the supply/demand situation in their favor. That means developing a better economy.

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by poweRob View Post
    I guess I've forgotten to show my gratitude to the markets for they did for us in 1929, 1962, 1989, 1990, 2001 and 2007. Yeah... **** the markets.
    The reference was to the labor market, but they are all indispensable.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Jack Hays View Post
    The reference was to the labor market, but they are all indispensable.
    Well, by all means... elaborate.
    Quote Originally Posted by apdst View Post
    The Supreme Court can't interpret The Constitution. They don't have that power.

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by poweRob View Post
    Well, by all means... elaborate.
    It's not complicated. Markets bring together buyers and sellers. Markets are the most efficient mechanisms ever devised to establish an agreed price and facilitate the transaction.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Ironfist17 View Post
    Millennials Are Still Struggling to Find Jobs - The Atlantic
    Why is it happening this way? Our society seems to be much more prosperous than a few decades ago due to great technological advancement. There are so many ways to earn money by programming stuff or running your internet based business yet it seems like it's much harder to actualize yourself than a few generations ago. What's the reason behind that? How to solve this problem efficiently?
    Why does the title say "even baby boomers" like that group at one time thought it was easier to get started professionally now.

    Why the "Even"?

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by poweRob View Post
    We dont' need cheap, subservient labor to subsist as a nation.
    Domestically or internationally? We don't have cheap subservient domestic labor, for the most part, because our labor laws forbid it. We do however get a lot of our goods and services produced by it abroad.

    There is a balance. A balance at which we, as a nation can produce the goods and services we need without under the table immigrant labor or labor of nations that pay near nothing.
    Illegal immigrant labor, I have no argument with you. Legal immigrant labor is a function of policy, and maybe that policy is crap in some regards, but this balance you speak of is on a knife's edge. It is easy to embrace one element of protectionism, then world reacts to it in a way you don't want them to, and then the protectionist country's only recourse is more protectionism and trade war, and then you have a positive feedback loop. We could go down that path and be self-sufficient cut off from the rest of the world, but our living standards would plummet relative to what we enjoy now.
    "The knowledge and prudence of the poor themselves, are absolutely the only means by which any general and permanent improvement in their condition can be effected." - Thomas Malthus

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Jack Hays View Post
    It's not complicated. Markets bring together buyers and sellers. Markets are the most efficient mechanisms ever devised to establish an agreed price and facilitate the transaction.
    Buyers and sellers of labor huh?
    Quote Originally Posted by apdst View Post
    The Supreme Court can't interpret The Constitution. They don't have that power.

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    The answer is - the degree of globalization has changed. Every POTUS in my lifetime has pushed for increased globalization, almost always in direct opposition to the will of the people.

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Neomalthusian View Post
    Domestically or internationally?
    Both

    Quote Originally Posted by Neomalthusian View Post
    We don't have cheap subservient domestic labor, for the most part, because our labor laws forbid it. We do however get a lot of our goods and services produced by it abroad.
    Yes we do. We have Mexican and Central American labor that works under the table regardless of our labor laws.

    Quote Originally Posted by Neomalthusian View Post
    Illegal immigrant labor, I have no argument with you. Legal immigrant labor is a function of policy, and maybe that policy is crap in some regards, but this balance you speak of is on a knife's edge. It is easy to embrace one element of protectionism, then world reacts to it in a way you don't want them to, and then the protectionist country's only recourse is more protectionism and trade war, and then you have a positive feedback loop. We could go down that path and be self-sufficient cut off from the rest of the world, but our living standards would plummet relative to what we enjoy now.
    All we have to do for immigrant labor correction is to give them all easy access to work visas. Then the labor laws will apply to them. As enforcement, we start jailing the white collar criminals hiring them and behavior changes extremely fast in that arena. Then that labor has to compete with a more educated and skilled American labor force at the same price. And to boot, they are paying taxes and contributing to the SS and other benefit funds to offset the baby boomer retirement influx.
    Quote Originally Posted by apdst View Post
    The Supreme Court can't interpret The Constitution. They don't have that power.

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