Low Wages: Right pill for the US Economy

Quote from toc:

do you know how many people does government employ. Roughly 21 Million as of 2006.

Better to have 21M employees earning 80% of salaries before than having extra 5 million unemployed asking government to issue unemployment and welfare checks.

WRONG, WRONG, WRONG.
Government employes proven to be less than HALF as productive as private sector workers.
Theoretically, if half of those govt workers were laid off, it should produce 20 million jobs in the private sector.
Right now the US economy is shackled by too many high paying govt jobs. Go down to Alexandria and check it out....there's a bimmer in every other driveway.
 
Bottomline is to cut the slack which means both laying off and cutting wages. end of it the 'business entity' will become more competitive and profitable. :D
 
Quote from Grandluxe:

Albert Einstein was a foreigner and so is Barack Obama.

Yes but at the time we imported them we did not have 30MM Americans out of work
 
Quote from EMRGLOBAL:

Most of you on ET are fools and even in the bible it says not to argue with FOOLS. So, I let the FOOLS stand on their own.

Cheaper doesn't mean better.

Lower wages only hurt those making it. I am not in that arena. I make very good money. However, when I do deal with the lower wage earning population, ie; Most of your "Service Industry", I find them not very happy.

As wages fall, like they are in the US, the cost of living is not falling with it you brain dead fools. The COST OF LIVING IS RISING.

I'm for free markets, let the markets dictate wage. Some jobs will be low wage and some will not.

But the idea that Low Wages will cause "PRICES TO DROP" is not only a fucking stupid and illogical call, it isn't worth discussing.

Second, your wrong on foreigners. Most foreigners are far more educated than the local US population, on many subjects. To admit this is not to sell the US short, the fucking retards in this country have already accomplished that, but it is to wake up and make yourself more 'Competitive'.

Half you nitwitz will be on the Gov's tit in a few years anyway.

You are ignorant

What is the meaning of US citizenship if any Indian or Chinese or any f the 6.5 Billion people can take the jobs away from me just because they have specific right experience or education?

What is the meaning of being proud of being an American or what is the meaning of the borders surrounding USA then?

I don't want these workers chosen among 6.5 BN people by greedy corporations competing against me. They have no right breathing in my country, working where I supposed to work, earning what I supposed to earn.

My parents, ancestors build this country, not theirs, my ancestors fought WWII and defend the borders not theirs.

Defending a foreigner against an American citizen's rights and well being is a TREASON if you ask me!!!!!!!!!!!!!!!!!!!!!!
 
Look at these kids who are on Work and Travel Visa. who are these people and who let them in and why are they taking the jobs from American citizens?

These kids are employed for probably $7.35/hr and US Govt is paying billions of dollars to unemployed Americans who should work in these jobs and pay taxes rather than collecting har earned tax dollars.

The whole system is fucked up!!!!!!!!!!!!!

http://www.nytimes.com/2011/08/18/us/18immig.html?ref=world
 
The root of problem is the lack and boycott of free markets. Economies of the Far East abusing western economies traits like openness and highly civilized approach of doing business. (Chinese stock frauds , Korean and Chinese currency manipulation, technology and job theft, cyber attacks.... which practices and traits are natural to those foreign cultures...)
 
Quote from toc:

do you know how many people does government employ. Roughly 21 Million as of 2006.

http://www.data360.org/dsg.aspx?Data_Set_Group_Id=228

So smaller government better mean lesser wages to these 21 million rather than laying off 2 to 5M folks and creating a chaos in the society.


bottomline message is: HARD PILL IS THE WAY TO GO. US had easy going on credit and debt financed parties and now time to tighten up.

Better to have 21M employees earning 80% of salaries before than having extra 5 million unemployed asking government to issue unemployment and welfare checks.

:D

I've always voted for lower taxes AND more spending. It's not exactly what I want but it's the only way I can voice my desires.

I want the government to be more productive with whatever tax dollars they take from me.

I want to pay less taxes AND to get more out of the government. I think this is a reasonable request given the (relatively) unproductive and overpaid workers they employ.
 
Quote from toc:

do you know how many people does government employ. Roughly 21 Million. So smaller government better mean lesser wages to these 21 million rather than laying off 2 to 5M folks and creating a chaos in the society.


bottomline message is: HARD PILL IS THE WAY TO GO. US had easy going on credit and debt financed parties and now time to tighten up.

Better to have 21M employees earning 80% of salaries before than having extra 5 million unemployed asking government to issue unemployment and welfare checks.

:D

government jobs sap the strength of the private sector. most of them should not exist in the 1st place.
welfare checks and unemployed checks for laid off government workers as well as others should be reduced and limited in duration. a 99 week holiday is ridiculous.
 
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