A solution for cheap labor

Quote from Ricter:
At least Dodger's response has some connection, or plausible counter, to the information provided. Your response is unsupported.
My response is supported by the nation's high unemployment rate, low GDP, high oil & commodity prices, employers' unwillingness to hire due to taxes & regulation, etc etc. You need to look at the big picture, comrade!
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Quote from CaptainObvious:

:D Hey, I've said all along that innovation, process improvement and technological advancement in general are what's killing the job market, not tax rates. Technological advancement is a double edged sword and unless we find some way to create labor intensive work, and/or come up with some great new technology that put's people to work...get used to high unemployment which will lead to continuing revenue problems, because a nation of service sector types won't float the boat.

Actually tech advancement was creating jobs up until the recession of the early '70's, that was the first jobless recovery and they all have been progressively more jobless after that... so the Public Sector got th idea that they could tax the living shit out of us and it wouldn't make much difference in the '60's... they see something they can ride and they jump on with spurs... but that's not working at all anymore. I'd love to see them all lose their golden parachute-style retirement plans as the bloated Public Sector slowly spirals back into the shithole that spawned it...
 
There always has been and always will be poverty.

Future jobs will be in programing the robots, building the robots, servicing the robots, (actually the last two will probably be done by robots) and owning the robots.

Those who understand this will prosper. Those who don't ... won't. It is that simple. Life is tough deal with it.
 
Quote from Ricter:

CTJ put the issue succinctly in a tweet this morning: “Dear US Corporations: You pay 2nd LOWEST tax rate in industrial world, so quit whining or move to Iceland.”

Now is that really true?
 
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