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Thread: Job growth disappoints on weak private sector hiring

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    Re: Job growth disappoints on weak private sector hiring

    Quote Originally Posted by The Prof View Post
    the cons are characteristically clairvoyant

    Four companies mulled dropping health insurance plans - Jennifer Haberkorn - POLITICO.com

    at&t accountants, for instance, reckon they can recoup 75% of their health care costs by DUMPING their employees
    Puzzling, isn't it? You would think that health care reform + the prospect of higher taxes and more regulations - that businesses would be hiring in droves.

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    Re: Job growth disappoints on weak private sector hiring

    Quote Originally Posted by Goldenboy219 View Post
    You were replying to my post, so what am I to think? :shrug

    My point is; markets will price debt accordingly (as in greece). Cutting spending during this stage of the recovery will only exacerbate any remaining negative market sentiment.
    OK. we can stop the back and forth on this.

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    Re: Job growth disappoints on weak private sector hiring

    Quote Originally Posted by Gill View Post
    I have a funny feeling that thousands of companies are going to do the exact same thing. When individuals that don't have insurance now find out how much insurance is going to cost them, whether they want it or not, the cost to the rest of us will skyrocket. The whole health care reform bill relies on high participation.
    And if this happens we will of course have the businesses depicted as greedy evil bastards for daring to do what is expected of businesses and attempt to be profitable and efficient, and it'll be used as proof as to why we need to have ANOTHER health care reform package that includes a public option.

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    Re: Job growth disappoints on weak private sector hiring

    I agree with some of the above in regards to off shoring.

    I would happily pay an extra 2-10% on most items if its of equal or better quality and garaunteed to be made with American materials by American workers in America even if its a foreign company.

    Oh no, the amazingly cheap walmart $7 dollar T-Shirts may become slightly less amazingly cheap $10 T-Shirts.

    Though the problem is we'd likely need to drop the minimum wage if this was to actually work in any way, which is likely never going to happen. But frankly I'd have to ask what is better? Starting at a place and working for $5 an hour or not having a job and making $0 an hour?

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    Re: Job growth disappoints on weak private sector hiring

    Quote Originally Posted by Zyphlin View Post
    I agree with some of the above in regards to off shoring.

    I would happily pay an extra 2-10% on most items if its of equal or better quality and garaunteed to be made with American materials by American workers in America even if its a foreign company.

    Oh no, the amazingly cheap walmart $7 dollar T-Shirts may become slightly less amazingly cheap $10 T-Shirts.

    Though the problem is we'd likely need to drop the minimum wage if this was to actually work in any way, which is likely never going to happen. But frankly I'd have to ask what is better? Starting at a place and working for $5 an hour or not having a job and making $0 an hour?



    Exactly right.

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    Re: Job growth disappoints on weak private sector hiring

    Quote Originally Posted by Zyphlin View Post
    I would happily pay an extra 2-10% on most items if its of equal or better quality and garaunteed to be made with American materials by American workers in America even if its a foreign company.
    What stops you? You can buy from American made clothing suppliers. There is a reason such a trend does not dominate the clothing/fashion industry......

    Oh no, the amazingly cheap walmart $7 dollar T-Shirts may become slightly less amazingly cheap $10 T-Shirts.
    Why are you against walmart?

    Though the problem is we'd likely need to drop the minimum wage if this was to actually work in any way, which is likely never going to happen. But frankly I'd have to ask what is better? Starting at a place and working for $5 an hour or not having a job and making $0 an hour?
    Here is the problem: Clothing can be made in a more efficient process (cheaper) here in the US, its just less profitable than manufacturing oh say chemicals, weapons, or protective coated alloy based machinery parts from the standpoint of opportunity cost.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Job growth disappoints on weak private sector hiring

    Quote Originally Posted by Goldenboy219 View Post
    What stops you? You can buy from American made clothing suppliers. There is a reason such a trend does not dominate the clothing/fashion industry......
    Because convenience is far more important to me than price even. While I'd happily pay a bit more for an American Shirt over one made in China, that's not going to be the case if I can't go down to the store, see it in the store, try it on in the store, and buy it at the store but instead have to buy something over the internet based on a picture that's going to take time to be shipped to me.

    Why are you against walmart?
    I'm not against walmart. I love the concept of Walmart. I think Walmart would still be providing lower prices than most other stores if we did start moving to economic, regulation, tax, and trade policy that made American made products far more common based on a number of other factors.

    My issue is more with massively cheap labor in far poorer countries in sweatshop type experiences while we cripple our own manufacturing abilities through constant regulations and policies which is pushing businesses into going overseas because the difference is so vast that its not good business to even attempt to do it in America.

    My issue isn't with walmart, my issue is with the government. Walmart is simply reacting to what the government has caused.

    [/quote]Here is the problem: Clothing can be made in a more efficient process (cheaper) here in the US, its just less profitable than manufacturing oh say chemicals, weapons, or protective coated alloy based machinery parts from the standpoint of opportunity cost.[/QUOTE]

    That said there's only so many businesses that can enter into an individual market before it becomes over saturated. I fail to believe there'd be a complete void of people wanting to enter into manufacturing ventures other than chemicals, weapons, and alloy based machinery in the US if the laws ended up changing to make it more practical and to reduce the incentive to use poor country horrible conditions sweat shop workers abroad.

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    Re: Job growth disappoints on weak private sector hiring

    Quote Originally Posted by Zyphlin View Post
    Because convenience is far more important to me than price even. While I'd happily pay a bit more for an American Shirt over one made in China, that's not going to be the case if I can't go down to the store, see it in the store, try it on in the store, and buy it at the store but instead have to buy something over the internet based on a picture that's going to take time to be shipped to me.
    You are arguing for nothing more than tarrifs and quotas to support the labor movement here in the US. Given the US stance and reward based on comparative advantage, such sentiment can only be considered a sheer fantasy.

    I'm not against walmart. I love the concept of Walmart. I think Walmart would still be providing lower prices than most other stores if we did start moving to economic, regulation, tax, and trade policy that made American made products far more common based on a number of other factors.
    Making labor intensive shorts, shirts, and t's is a more efficient allocation of human capital? Shall we tax our position on the consumption possibilities forntier into the domain of internal production? Such measures would have a negative impact on our standard of living, not to mention the monumental position of the US as the chief "business" destination.

    My issue is more with massively cheap labor in far poorer countries in sweatshop type experiences while we cripple our own manufacturing abilities through constant regulations and policies which is pushing businesses into going overseas because the difference is so vast that its not good business to even attempt to do it in America.

    My issue isn't with walmart, my issue is with the government. Walmart is simply reacting to what the government has caused.
    But you harp against free market enterprise, in favor of tariffs, quotas, and special treatment necessary for allowing American businesses to capitalize on whats left of our labor advantage (not necessarily a US stong point given the last 50 years of human development in this country). The American dream is founded on ingenuity, not our desire/ability to export and tax.


    That said there's only so many businesses that can enter into an individual market before it becomes over saturated.
    Never said there was infinite capital mobility; only greater rewards given the scope of comparative advantage here in the US. We are primarily a service based economy....

    I fail to believe there'd be a complete void of people wanting to enter into manufacturing ventures other than chemicals, weapons, and alloy based machinery in the US if the laws ended up changing to make it more practical and to reduce the incentive to use poor country horrible conditions sweat shop workers abroad.
    Then call it a failure to perceive reality on your part. Trying to even the playing field distorts our most productive capabilities (heavy capital intensive manufacturing) and skewing the supply for other aspects of the US economy (primarily service orientated fields). None the less, a gross misunderstanding of how international trade benefits this nation......
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  9. #39
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    Re: Job growth disappoints on weak private sector hiring

    Quote Originally Posted by Goldenboy219 View Post
    You are arguing for nothing more than tarrifs and quotas to support the labor movement here in the US. Given the US stance and reward based on comparative advantage, such sentiment can only be considered a sheer fantasy.
    There is absolutely no mention of a tariff or anything resembling a tariff in his post.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Job growth disappoints on weak private sector hiring

    Quote Originally Posted by jujuman13 View Post
    Unemployment in most so called western civilized nations will remain obstinately high until such time as they realize that sending jobs offshore hurts their economies more than anything else.

    Manufacture and sell in Country, that way Gov. gets taxes from Company's and workers, workers have Jobs, who loses? oh yes all those downtrodden workers in China/Vietnam/North Korea/Mexico!
    Maybe we should send out jobs to offshore drilling.
    Certitude: n. The knowledge/confidence that you have not been sending nude/semi-nude pictures of yourself to random women on the internet.

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