I agree. I don't think his pick for Treasury is very working-man-friendly, either.
Trump Expected to Tap Labor Secretary Who Prefers Foreign Labor to American Workers
- Thread starter Tsing Tao
- Start date
It is possible that Trump had a chat with the guy and explained that he wants the man's expertise, but it's Trump's narrative that gets pushed. I'll wait and see, but I'm not hopeful - especially in light of the Goldman Sachs guy just appointed.
Watching this whole appointment process has been, for me, like watching one of those movies where everything is going so crazily backwards that you're sure the ending will "flip" it all and make it right. And I mean that in the sense we're discussing, not according to my politics, but according to... the peotus's own campaigning.
Some of the bigger appointments, like Mattis for example, and Pruitt are right down the direction of Trump's campaign. Others, not so much.
Legal immigrants are entitled to work at any job they are qualified to do. Illegals deserve nothing but a trip back to whatever country they came from. If Caucasians and Blacks are not interested in working these entry level positions for entry level pay, then that opportunity should be given to those who are willing to take it, provided they have legal status to be in the United States.
but my thesis is that while some of the jobs will turn into robot jobs... some of those jobs would have to offer more pay.
For instance construction jobs would hire more Americans and they would have to pay more.
The price of houses might go up. The price of land might go down. And eventually it would lead to a bit of a restructuring across the economy.
We might switch back from a walmart and govt handout economy to higher quality job and higher quality product economy with lower taxes and a balanced budget. Which might turn out to be a bigger better economy for all.
For instance construction jobs would hire more Americans and they would have to pay more.
The price of houses might go up. The price of land might go down. And eventually it would lead to a bit of a restructuring across the economy.
We might switch back from a walmart and govt handout economy to higher quality job and higher quality product economy with lower taxes and a balanced budget. Which might turn out to be a bigger better economy for all.
I have no problem with skilled positions paying more than they do now and in some cases they need to pay much more. The problem is that pay has not kept pace with rising costs for decades, so increasing the cost of say a home should not happen until the increase in pay has caught up to where it should have been to begin with.
let me give you an example. In the early 70's a journeyman machinist made approx. 8 dollars an hour in a union shop. I know this for a fact because I was one. My first new car was a 74 Camaro and the stocker price was $4200.00, loaded. The equivalent of that car today would be 30-35K easily, which means the machinist today should be making at least $56.00 an hour just to have kept pace. The highest paid machinist I'm aware of is one working at BP and they make $48.00 an hour which is astronomically more than the average machinist who makes about 28-30. This is in the Chicago area. Wages have a long ways to go before price increases can happen, which means the boardroom boyz will have to give up some of their tens of millions for pushing paper across the fucking table all day. All the money went to the top and most of those positions can be done by any stooge who can give a power point presentation. I know, I've been in those rooms.
Sadly, this is true. It's hard to find a CEO who by any objective measure is not grossly overpaid.
Oh come on man, it will be great, just the 17 of us, no wives no kids, make a little money have a little fun.
there is no free lunch in the short run. If fewer laborers are in the work force and pay goes up the supply and demand curves shift around throughout the whole economy. Perhaps fewer low value crap goods get made and sold but more high value goods get made and sold locally.
I just know that it is likely in the mid term and long run americans as a whole will have a better stronger economy and be less dependent on govt and govt spending and govt power. It might also force politicians to admit the ponzi scheme they were running has to be repaired.
I just know that it is likely in the mid term and long run americans as a whole will have a better stronger economy and be less dependent on govt and govt spending and govt power. It might also force politicians to admit the ponzi scheme they were running has to be repaired.