View Poll Results: The primary source of job losses is...

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  • Technology (Automation)

    8 18.18%
  • Offshoring (Outsourcing)

    13 29.55%
  • Other

    23 52.27%
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Thread: Primary Source of Job Losses

  1. #1
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    Primary Source of Job Losses

    Outside of cyclical job losses, which do you think is the primary source of job losses:

    Technology (automation)

    Or

    Outsourcing
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  2. #2
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    Re: Primary Source of Job Losses

    Neither?

    Not sure what would fall under the category of "technology," but I can't imagine it being that much.

    And the whole "jobs lost to outsourcing" thing is a bit of a myth. There are 6.4 million people in this country employed by US subsidiaries of foreign firms. For every guy whose job in tech support is outsourced to India, there's a factory worker in Tennessee who is hired by Nissan. I'd wager it balances out or at least comes close.

    I think the primary source(s) of job loss are just natural economic events.
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  3. #3
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    Re: Primary Source of Job Losses

    Quote Originally Posted by RightinNYC View Post

    I think the primary source(s) of job loss are just natural economic events.
    I stated "Outside of cyclical job losses."

    I'd argue that automation kills jobs. Why bother hiring 100 men to dig a trench when one guy at a machine can do the job? Why hire 100 women to operate a telephone system when a machine with a part time technician can do the job? Why hire legal researchers when a database and intern can do it? Technology has always been a great way to reduce labor costs.
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    Re: Primary Source of Job Losses

    Quote Originally Posted by RightinNYC View Post
    Neither?

    Not sure what would fall under the category of "technology," but I can't imagine it being that much.
    I would assume it means that you don't need people to repair typewriters when the world uses personal computers. You don't need buggy manufacturers when the world uses automobiles. You don't need iron lung makers when the world has a polio vaccine. You don't need bank tellers when the world has ATMs. Etc, etc.

    Quote Originally Posted by RightinNYC
    And the whole "jobs lost to outsourcing" thing is a bit of a myth. There are 6.4 million people in this country employed by US subsidiaries of foreign firms. For every guy whose job in tech support is outsourced to India, there's a factory worker in Tennessee who is hired by Nissan. I'd wager it balances out or at least comes close.
    I agree.

    The primary cause of non-cyclical job losses is automation, not outsourcing.
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  5. #5
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    fyi Re: Primary Source of Job Losses

    The PRIMARY cause of job losses is government meddling and interference.

    It covers a lot of ground--from excessive taxes to regulations, mandates, restrictions, and licensure.

    It includes all levels of government--from federal and state on down to the smallest city councils and homeowners' associations.

    Get rid of excessive government meddling, spending and taxation, and the American economy will skyrocket.

    Impose more government programs, bailouts, regulations, corporate welfare, public works projects, spending and taxes, and deeper into depression we will go.

    Read Free to Choose, Economics in One Lesson, and The Law (Frederick Bastiat's version) for some good advice.

    And also LewRockwell.com

    What is your choice?
    Last edited by ronpaulvoter; 01-14-09 at 01:12 PM.

  6. #6
    Norville Rogers
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    Re: Primary Source of Job Losses

    Quote Originally Posted by obvious Child View Post
    I stated "Outside of cyclical job losses."

    I'd argue that automation kills jobs. Why bother hiring 100 men to dig a trench when one guy at a machine can do the job? Why hire 100 women to operate a telephone system when a machine with a part time technician can do the job? Why hire legal researchers when a database and intern can do it? Technology has always been a great way to reduce labor costs.
    You still need people to design, build, and maintain the machines. The tech industry employs millions of people, I seriously doubt that technology results in less jobs.

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    Re: Primary Source of Job Losses

    Quote Originally Posted by Kernel Sanders View Post
    You still need people to design, build, and maintain the machines. The tech industry employs millions of people, I seriously doubt that technology results in less jobs.
    I think he meant individual jobs, not the job market as a whole.

    The point is that most of the people who complain about furriners taking jobs for less money seem perfectly happy to let machines take jobs for less money. As they should be, since lower labor costs mean lower product costs and a higher standard of living.
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  8. #8
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    Re: Primary Source of Job Losses

    I would say the primary source of job loss is technology, but not in the option you've offered. The employee who cannot adapt and/or increase his productivity through experience will eventually lose his job. Every industry is increasingly utilizing new technologies. Gone are the days when you can do the same job for 40 years. One of the drawbacks (benefit imo) of living in a prominent developed country.

  9. #9
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    Re: Primary Source of Job Losses

    I would say the primary source of job loss is technology, but not in the option you've offered. The employee who cannot adapt and/or increase his productivity through experience will eventually lose his job. Every industry is increasingly utilizing new technologies. Gone are the days when you can do the same job for 40 years. One of the drawbacks (benefit imo) of living in a prominent developed country.
    What does this mean? The employee is pretty bound by his working conditions on how "productive" he can be.

  10. #10
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    Re: Primary Source of Job Losses

    Quote Originally Posted by Khayembii Communique View Post
    What does this mean? The employee is pretty bound by his working conditions on how "productive" he can be.
    You may not be aware of this, but productivity varies greatly from person to person. This is due to their abilities, mainly the amount of effort put forth. Employees who strive to do their job well and improve efficiency are valuable, those who do not are far more likely to be let go if situations change.

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