Political Economy

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  15 responses to American worker's dilemma

  • Keep the people off the streets

    For the most part what I read here is frustration. Frustration that there can be a better way of living. Frustration that a true utopia can be achieved in free market capitalism. Frustrated that this is good as its going to get. Full time jobs with part time pay.
    The name of the game is full employment. Military, government jobs, retail, toll takers, etc… Nothing has change since the Roman’s built walls in England. Today we call those jobs adventures and careers.
    What seems to be missing is joy. Simple joy and fun. Games that are not competitive. Hobbies that provide peace of mind. Dancing and loving. But we are the product of exactly what our parents wished for. Successful minions for whom they can boast about removing themselves as far away as possible from any responsibility in raising unhappy offspring’s. So today we have jobs. Once told to me as “just over broke”. Just enough work and money to keep the big wheels of discontent greased with out them ever breaking.

    • It is not frustration it is more shock. I moved from Poland to America and thought the American dream was somewhat alive. yes it is after a lifetime of hard work you can make a reasonable life. But unless you are an entrepreneur you will not break out. If that is the case moving to America does not offer a great advantage except for things like nice weather. I guess I expected something more upon my return.

      I mean there are pockets of prosperity, like you can go to North Dakota and live in a man camp and make money with the boom there now.

      • I’ve recently spent time with a several people looking for work. The whole process is so impersonal as they are online filling out forms. Often rejected because there are check box missing a check. Personal information missing,etc…. And then once your resume is sent off, you might get an email acknowledging it was received.
        Which brings me to opportunity. The days are long gone when a person of good faith, hard work ethics, enthusiasm could be referred by a friend or knock on a door and request to do a job application. Unless you go to the man camp.
        It appears there was a generation where everyone would get an education therefore never getting their hands dirty. Their education was more an entitlement than anything else. They use this entitlement like a bank robber with gun.
        Opportunity is a balance of shared wisdom, education, socialized work effort, and offering a basic sense of dignity to those who wish to grow within the culture of any particular business environment. What we have today is a system owners who really only offer a paycheck with little or no intent to offer a piece of the action. If you are good and tough enough, go for money because it appear nothing else really matters.

        • I keep on asking myself is it the economy or the region I live in? I tend to think it is the economy as a whole. Pretty much all my friends are not as thrilled with their job as they were when I left the States. The US has gone down hill at the work place from what my friends all grip about. In would be curious to hear if anyone is thrilled with their job and pay who lives in the USA? I am sure there are many people.

  • Good post Mark.
    I say: Frustration with good reasons.

    “It is now part of corporate culture in America to have puppet masters who stir the pot, and play the game of corporate politics at a new level.”

    That is unfortunately to often the reality.
    They are Corpocrats, Career Co men, Company Social Climbers, The “It’s not what you do it’s who you know crowd”
    and the modern educated robots following them.

    “Get an education for your own humanistic enrichment,not for your career.”

    That’s exactly it.
    To many, it’s an automatic entitlement to better income.
    Sure, it’s part of your baggage but it’s not a result, it’s a tool. We can make use of it but we should not expect to be paid for it unless it is used to create value. The sad exception is working (Doing time)for the Government that still operate in the twilight Zone, a kind of parasites paradise.

    “Time is not a factor in economic recoveries if markets are in disequilibrium.”

    Absolutely.

    The FED is presently bailing out Europe.
    Yes I am not kidding check it out: Now “in 2013″ despite what we hear they are still on bailout mode. Look how the Euro as moved up recently. Does this make any sense? Tel me why they have pumped so much money at the rate of 205 billion in Euro Banks having branch in the US “in the last 4 weeks”? This is huge and all this wile telling us via the media that the “open-ended QE is going on to take unemployment down.

    We have all been hijacked by Bureaucrats, Central Banks, Government and the Financial Sector. A free market does not work this way.

    “Met a guy last week that his first job out of school was for the government and worked 30 years of ‘public service’ and that was his life. He had zero personality.”

    A normal young men does no look for security first. This is the result of central planing and social engendering and guess what?
    He will have a nice funded pension fund and your paying for it.

    It is surprising that in a country that offered so much innovation
    so little is done to change or improve entities such as corporate structures. They have become magnet for narcissistic power hungry leaders and when it come to Government you wonder if sociopath tendency is not an attribute.

    My job sucks – in the new economy

    • Government workers do get a free ride with benefits complement of my tax dollars. It is an issue. And I do love your point that young men should be creative and out to move mountains, instead often the aspirations are to get a government job.

  • I figured that Florida with its high percentage of retirement must has a fast turn over rate for things like housing. I’v read that areas of the west coast have become ghost towns to some respect.
    Perhaps what we need in the states is some kind of pol tax to start replacing this idiotic socialistic property tax. The property tax issue is putting people out of their houses. IN NJ where I’m living it seems that the school teacher and school administrators are living liking kings while real wages in the private sector is going down and down. Their is an absurdity to think that this nonsense can go on much longer. And what happens in America if you own your house but can’t pay your property taxes? You lose your house. Because the skewed tax system is destroying the true free market spirit.
    This all leads to the great post by Plasticmoney. I can’t say or add anymore at this point. Only that we are running out of place to go to gain some true market place freedom. Perhaps we forget the freedom and develop a welfare mentality and suck from the state, take a few happy pills to deal with our conscience, and just pretend we are free.

    • I have been 100,000 + for many years as well as mi minimum wage depending on my life situation. The main issue is there is a hollowing out of the middle class. A lot of 10 dollar or less jobs and then executives.
      You can find professional 60k jobs also, but not as plentiful and still requires a lot of work. So low wage jobs that are not enough. 60K jobs that with the commute demand your whole life are not the way to go for this economy.

      I do think tax relief and reform work help. It is a good point. I do think Fed policy is out of control. In the short term, for me, I am going back to entrepreneurism as working is not the ideal situation for the long term.

  • The AC business is almost constant in South Florida.
    You can’t live with out AC.
    Invest in a few adds in the local papers, the phone will ring and there you go. I know this is an over simplification but repairs of all kinds are still very good businesses for young entrepreneurs especially if they do “quality work”. Labor quality, to say the least is questionable in S Florida so when you are qualified and do a excellent job you will be in demand.

    Note: (It’s s hard work)

    • Good idea, that type of trade is fun as is a combination of physical and mental. I am a director of a hotel right now (man that is hard work) and I think the maintenance guys changing light bulbs and AC air filters make better money.

      I personally and sticking to mental work, as I have a bad back from working at UPS in school.

      That being said I have a Masters and years of experience in IT and Accounting. Jobs are not hard to find, just not where I live in Florida. I guess the choices in Florida are the big cities of Tampa and Miami or Jacksonville but the quality of life is not the same as I might have living on an island like Anastasia island or any rural setting in Florida. Basically you have the metropolis or nothing.

      I have a few irons in the fire for mental entrepreneurship, as selling intellect, can pay more than physical work. Yet if I was 21 I think I would do AC.

      Your point is good, you need a niche or a skill. Unskilled labor is the worst paying.

      I might swap my ‘responsible job’ (heavy is the head that wears the crown) for a easy space out job until I can finish my other projects.

  • I am positive on some opportunities but I am not naive about this so call recovery. A recovery with 48 million Americans on food stamps is only possible with mysterious statistics and a bias financial medias.

    • Unemployment went up, GDP went down, retail sales since the increase in taxes for some reason went down, Europe is slipping a bit and this does not help the USA. We all drank the same message.

      See when a politician or economist says lets fix this crisis by taking from one group of people and give to another group and let government spend our way out. The message is simple and gets a lot of support.

      Yet when the other side tries to explain that wealth accumulation comes from years of work, saving and innovation, people’s eyes glaze over as they want it all now.

      So the economy could recover but needs a reason why. Maybe it will be all this North Dakota oil or some metaphorical perpetual motion machine, but there needs to be a greater reason than forced wealth distribution.

  • What I don’t get are economist like “Keynesian’s” P Krugman (Rock Star of the Leftard)that still suggest that the economy need even more stimulus but at the same time suggesting higher rates of taxation. How do you get a Nobel prize contradicting your self this way?

    He seems to think that the US should look at Sweden but such example is a combination of misleading comparisons and ignorance.

    Sweden as a lower population than Georgia and a cultural homogeneity that certainly does not apply in the US but at any rate such a example is misleading and he should know that the Corporate taxes in Sweden is lower than in the US it’s about 22%, one of the lowest corporate tax rates in Western Europe..”Sweden has cut its public debt to 33% of GDP from a high of nearly 80% in the 
    1990s. It has also kept the budget at or near balance.”
    They have learned from past mistakes.

    The US administration and all there Pro Keynesian ideologue are doing the exact opposite and still growing and funding the hold welfare state utopia. In a way we could say they are funding poverty.

  • Become Amish

    I visited an Amish community in December. You don’t know what you are missing. No unemployment. But no electricity. Perhaps all our employment ills are directly related to having electricity. Our dependency’s are our drug. We’ve have contaminated our lives with machines that seem barely serve anything but the manufacturers and the repair men. We’ve have now reach a new low with high tech devices. We have put ourselves at the prey of electronic socialization and information. Go to the store, forget the list, call home to see what we need. Need to talk to someone, text them endlessly. Forget meeting them. But if you do meet them, you may be disappointed with their company. Because they may spend all their time texting.
    So why not just turn off your electric for a few days. And find the peace that other cultures still practice.

  • One positive thing about the Amish community they don’t operate on excess credit and that a big plus.

    Other than wars,Excess Credit and Leverage is the cause of almost all economic collapse.

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