#1 BI snowflakes
movielover said:
#1 BI name caller?
concordtom said:movielover said:
#1 BI name caller?
Only if you allow for duplicates, because the Top 5 get repeated over and over.
1. "You didn't go to Cal."
2. "You're awfully ignorant."
3. "Trumptards"
4.
5.
Go ahead, have a turn - fill in the blanks.
But let's not be confused. You ARE a Tru… what he said!
movielover said:
#1 BI name caller?
#4 added.movielover said:#3 added.concordtom said:movielover said:
#1 BI name caller?
Only if you allow for duplicates, because the Top 5 get repeated over and over.
1. "You didn't go to Cal."
2. "You're awfully ignorant."
3. "Trumptards"
4. "Cool story, bro."
5.
Go ahead, have a turn - fill in the blanks.
But let's not be confused. You ARE a Tru… what he said!
1. Did you hear gas prices skyrocketed in 2021-22?
— Mark Copelovitch (@mcopelov) June 27, 2023
2. Did you hear about food price inflation in 2021-22?
3. Have you heard that <nominal> gas prices are now below 2012-14 levels?
4. Have you heard food price inflation over the last 4 months is now back to pre-pandemic levels? https://t.co/eFmjKpIdN1
movielover said:
The Dollar Store is still the $1.25 store now... and products are sometimes also 25% or more smaller - i.e. a 50% increase in price.
movielover said:
Democrat Green policies are coming home to roost.
— internet hall of fame (@InternetH0F) June 27, 2023
Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
dajo9 said:movielover said:
Democrat Green policies are coming home to roost.
I had to reschedule my solar appointment but will have it soon. Looking forward to a fat tax credit.
dimitrig said:
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
WHAT "Democratic Green policies?"movielover said:
Democrat Green policies are coming home to roost.
WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
cbbass1 said:WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
More specifically, WHY NOT go back to the New Deal policies that made the American Middle Class the most prosperous on Earth?
In fact, why would we not demand that our elected leaders re-orient our economic, trade, taxation, and labor policies so that working Americans could receive a greater share of the wealth that they generate, and have less go to corporate officers, shareholders, & private equity?
WHY NOT??
dajo9 said:cbbass1 said:WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
More specifically, WHY NOT go back to the New Deal policies that made the American Middle Class the most prosperous on Earth?
In fact, why would we not demand that our elected leaders re-orient our economic, trade, taxation, and labor policies so that working Americans could receive a greater share of the wealth that they generate, and have less go to corporate officers, shareholders, & private equity?
WHY NOT??
They'd rather fight for autocratic rule than the liberal policies that created the greatest middle class the world has ever known.
Caring about these issues is just a game of pretend for them. If that wasn't the case they wouldn't fight so feverishly for people who try to take healthcare away from the American people.
dajo9 said:cbbass1 said:WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
More specifically, WHY NOT go back to the New Deal policies that made the American Middle Class the most prosperous on Earth?
In fact, why would we not demand that our elected leaders re-orient our economic, trade, taxation, and labor policies so that working Americans could receive a greater share of the wealth that they generate, and have less go to corporate officers, shareholders, & private equity?
WHY NOT??
They'd rather fight for autocratic rule than the liberal policies that created the greatest middle class the world has ever known.
Caring about these issues is just a game of pretend for them. If that wasn't the case they wouldn't fight so feverishly for people who try to take healthcare away from the American people.
dimitrig said:dajo9 said:cbbass1 said:WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
More specifically, WHY NOT go back to the New Deal policies that made the American Middle Class the most prosperous on Earth?
In fact, why would we not demand that our elected leaders re-orient our economic, trade, taxation, and labor policies so that working Americans could receive a greater share of the wealth that they generate, and have less go to corporate officers, shareholders, & private equity?
WHY NOT??
They'd rather fight for autocratic rule than the liberal policies that created the greatest middle class the world has ever known.
Caring about these issues is just a game of pretend for them. If that wasn't the case they wouldn't fight so feverishly for people who try to take healthcare away from the American people.
They want the freedom to die of a preventable illness at considerable taxpayer expense in the ER like a Real American instead of treated at a reasonable cost like a commie.
oski003 said:dimitrig said:dajo9 said:cbbass1 said:WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
More specifically, WHY NOT go back to the New Deal policies that made the American Middle Class the most prosperous on Earth?
In fact, why would we not demand that our elected leaders re-orient our economic, trade, taxation, and labor policies so that working Americans could receive a greater share of the wealth that they generate, and have less go to corporate officers, shareholders, & private equity?
WHY NOT??
They'd rather fight for autocratic rule than the liberal policies that created the greatest middle class the world has ever known.
Caring about these issues is just a game of pretend for them. If that wasn't the case they wouldn't fight so feverishly for people who try to take healthcare away from the American people.
They want the freedom to die of a preventable illness at considerable taxpayer expense in the ER like a Real American instead of treated at a reasonable cost like a commie.
Vaccinations for high risk folks was a reasonable mandate when prior to Omicron. Expanding that to healthy people and mandating non-adults to get experimental emergency mRNA covid vaccines to attend school was borderline criminal.
How did you feel about so many Republicans voting against the Chips and Science Act when it was intended to protect our nation against our over reliance on manufacture of semiconductors in Taiwan that now makes our protection of Taiwan existential imperative? Do you know what the biggest supply chain constraints and what drove even car prices the most (as cars becoming smarter)? Semi-conductors and tech components.movielover said:
This is what President Trump attempted to do by resetting trade deals, heavy tariffs on China, and cutting tens of thousands of useless regulations. His trade team was excellent. Skilled blue collar jobs pay more than fast food or Uber driving, but that's what the Wall Street Globalists have been pushing for years - eviscerating America's middle class. He also closed the China backdoor.
Arizona semiconductor manufacturing started to explode under President Trump, with TSMC and Samsung announcing large plants there, which then spurred supporting industries to build new facilities there. Arizona is a right to work state.
While we can improve teaching, people typically let parents off the hook. You'll often find the same teacher having 'success' when they're teaching motivated, reasonable students. (A Chinese business woman joined SFUSD the past year or two in some kind of parental oversight committee and enmeshed herself in the school and community. After a few months, she commented that she observed family turmoil severely impacting student performance and preparedness. She was immediately browbeaten and silenced. Some of our communities are plagued with gangs, drugs, and 50-80% don't have a Father in the home, which leads to a hist of problems.) The feedback I've received is that few high schools today offer shop (mechanics), a valuable stepping stone for many young men.
USMCA acknowledged some realities of current-day trading, and is helping build a Mexican middle class and strengthens North America. Last I read, Canada's liberal policies are bleeding valuable jobs from their job
base. President Biden stopped oil and gas drilling in ANWAR and stopped new oil pipelines that would reduce spills (but take away business from major corporations). Two small refineries have closed in northern California, and our two major refineries are at risk of closing as the state demands billion-dollar upgrades to both - already two of the cleanest refineries in existence. California is an energy island (blocked by the Sierras) and closing one or two of these plants will be a disaster, bur Governor Newsom is anti-oil.
calbear93 said:movielover said:
This is what President Trump attempted to do by resetting trade deals, heavy tariffs on China, and cutting tens of thousands of useless regulations. His trade team was excellent. Skilled blue collar jobs pay more than fast food or Uber driving, but that's what the Wall Street Globalists have been pushing for years - eviscerating America's middle class. He also closed the China backdoor.
Arizona semiconductor manufacturing started to explode under President Trump, with TSMC and Samsung announcing large plants there, which then spurred supporting industries to build new facilities there. Arizona is a right to work state.
While we can improve teaching, people typically let parents off the hook. You'll often find the same teacher having 'success' when they're teaching motivated, reasonable students. (A Chinese business woman joined SFUSD the past year or two in some kind of parental oversight committee and enmeshed herself in the school and community. After a few months, she commented that she observed family turmoil severely impacting student performance and preparedness. She was immediately browbeaten and silenced. Some of our communities are plagued with gangs, drugs, and 50-80% don't have a Father in the home, which leads to a hist of problems.) The feedback I've received is that few high schools today offer shop (mechanics), a valuable stepping stone for many young men.
USMCA acknowledged some realities of current-day trading, and is helping build a Mexican middle class and strengthens North America. Last I read, Canada's liberal policies are bleeding valuable jobs from their job
base. President Biden stopped oil and gas drilling in ANWAR and stopped new oil pipelines that would reduce spills (but take away business from major corporations). Two small refineries have closed in northern California, and our two major refineries are at risk of closing as the state demands billion-dollar upgrades to both - already two of the cleanest refineries in existence. California is an energy island (blocked by the Sierras) and closing one or two of these plants will be a disaster, bur Governor Newsom is anti-oil.
You're looking at trade policy as if "Free Trade"/Globalism always was & always will be, and is 100% non-negotiable. That's simply not the case.calbear93 said:dajo9 said:cbbass1 said:WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
More specifically, WHY NOT go back to the New Deal policies that made the American Middle Class the most prosperous on Earth?
In fact, why would we not demand that our elected leaders re-orient our economic, trade, taxation, and labor policies so that working Americans could receive a greater share of the wealth that they generate, and have less go to corporate officers, shareholders, & private equity?
WHY NOT??
They'd rather fight for autocratic rule than the liberal policies that created the greatest middle class the world has ever known.
Caring about these issues is just a game of pretend for them. If that wasn't the case they wouldn't fight so feverishly for people who try to take healthcare away from the American people.
Greatest middle class came decades ago when manufacturing was competitive here and global trade and outsourcing were limited and consumer options were almost non-existent. We want iPhones every two years at prices that are affordable. Longing for that period in the past under different global economy is not going to make it happen. We are now a country of service and innovation and not manufacturing where high school education is going to afford a house with a picket fence. We are not creating the same level of middle class without retraining and appropriate education in the new industries. Raising minimum income to the level needed to live in CA is not going to make the average life in CA better. Enforcing criminal law, better education in public school with accountability for officials no matter the political pressures from the unions, and more job friendly regulation (CA has one of the worst and costly labor laws in the country for hiring hourly employees) will create a more competitive labor force. Detroit and Cleveland have one of the most liberal governments in America. But we are not going to dominate auto industry or auto manufacturing in the future. It isn't about liberal policies. It's about the new economy, and automation and AI, especially with China now leading in AI, will make it that much worse for average worker if we keep living in the past.
Healthcare is not why we don't have a stronger middle class. Most employees who can approach middle class have employer-provided healthcare insurance. And look at communities all over America, even in Georgia, Texas and North Carolina, where they focus on the new industries. They are wealthy with much larger community of minorities. It is about education, right skills and right industry and not prior policies that applied to 50 years ago when GM and GE were one of the largest and most profitable companies.
Let's cut to the chase. What are your biggest investments? Which companies? And how much of their revenue is generated from outside the US? And if it is large (most likely 50%), why are you investing in those companies and promoting globalism? Just wanting to see if your reality matches your rhetoric.cbbass1 said:You're looking at trade policy as if "Free Trade"/Globalism always was & always will be, and is 100% non-negotiable. That's simply not the case.calbear93 said:dajo9 said:cbbass1 said:WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
More specifically, WHY NOT go back to the New Deal policies that made the American Middle Class the most prosperous on Earth?
In fact, why would we not demand that our elected leaders re-orient our economic, trade, taxation, and labor policies so that working Americans could receive a greater share of the wealth that they generate, and have less go to corporate officers, shareholders, & private equity?
WHY NOT??
They'd rather fight for autocratic rule than the liberal policies that created the greatest middle class the world has ever known.
Caring about these issues is just a game of pretend for them. If that wasn't the case they wouldn't fight so feverishly for people who try to take healthcare away from the American people.
Greatest middle class came decades ago when manufacturing was competitive here and global trade and outsourcing were limited and consumer options were almost non-existent. We want iPhones every two years at prices that are affordable. Longing for that period in the past under different global economy is not going to make it happen. We are now a country of service and innovation and not manufacturing where high school education is going to afford a house with a picket fence. We are not creating the same level of middle class without retraining and appropriate education in the new industries. Raising minimum income to the level needed to live in CA is not going to make the average life in CA better. Enforcing criminal law, better education in public school with accountability for officials no matter the political pressures from the unions, and more job friendly regulation (CA has one of the worst and costly labor laws in the country for hiring hourly employees) will create a more competitive labor force. Detroit and Cleveland have one of the most liberal governments in America. But we are not going to dominate auto industry or auto manufacturing in the future. It isn't about liberal policies. It's about the new economy, and automation and AI, especially with China now leading in AI, will make it that much worse for average worker if we keep living in the past.
Healthcare is not why we don't have a stronger middle class. Most employees who can approach middle class have employer-provided healthcare insurance. And look at communities all over America, even in Georgia, Texas and North Carolina, where they focus on the new industries. They are wealthy with much larger community of minorities. It is about education, right skills and right industry and not prior policies that applied to 50 years ago when GM and GE were one of the largest and most profitable companies.
"Free Trade"/Globalist policies came about because the leaders of various industries, especially high tech, lobbied political leaders to create their dream scenario -- use cheap labor overseas, circumvent U.S. environmental regulations, bust unions, remake trade policy in their favor (at the expense of U.S. & European workers), and dramatically increase profits. They got exactly what they wanted, and over the last 30 years, they've destroyed the U.S. & European Middle Classes, while building better-educated & more prosperous Middle Classes in China, S. Korea, Singapore, and Taiwan.
The candidacies of Donald Trump and Bernie Sanders were a protest against these Austerity policies.
The bottom line is that IF we are a small-d democracy (which we clearly are not), we would vote for leaders & representatives who would change these policies, because so many Workers/Customers/Voters are screwed by them. Any policy that is done through legislation can be undone, no?
Bernie lost, Trump won. But Trump was clearly not serious about making any changes to trade policy, or economic policy (other than the tax cuts that he passed in 2017). It's one thing to get people angry about a policy; it's far more challenging to change a bad policy into something better. Trump didn't have the knowledge nor the political will to do anything to help American Workers. He hates unions, and often complained about U.S. workers being paid too much (not that he was going to pay them anyway).
Before Globalism, there were no viable options to domestic manufacturing, so "competitive" was a meaningless term; its use only came about when "Free Trade" policies were first being discussed in the early 1990s, when it was clear that industrial leaders were going to put all of the world's workers in competition with each other. [Note: Although industrial leaders emphasized Productivity and "working smart" as the most important component of "competitiveness," the reality was that it's primarily based on the local cost of living.]
As I've said before, Neoliberalism/"trickle-down"/Austerity economic policies, as well as Globalism/"Free Trade" policies, are economically unsustainable. The best example of this is the game of Monopoly. The game is "rigged" in that all money flows to the wealthiest & most ruthless, and everyone else goes bankrupt.
As a society, we're close to the end of the 'game,' and transitioning to corporate/authoritarian rule & Fascism. This is coming from both political parties.
Yes. We need to get over the idea that we will keep manufacturing in the US. Companies had already centralized most of their manufacturing to China. TPP was a means of moving manufacturing to other countries in North America, South America and Asia. It also required strong IP protection that was need for the US and for us to continue to invest and own profits in other countries without discrimination like we have in China and those same countries now. It also required basic human rights protection that ensured that we were not losing out due to countries using child labor or forced labor. It would increase the quality of life by reducing the cost of goods without over reliance on China. I especially don't understand the far right's opposition to this while opposing raising minimum wage. Their whole point against it was that global trade would reduce wages in the US. Well, if that is your concern, why are you against raising minimum wage? They also rail against China and yet killed the one treaty that was designed to pivot these countries against China.movielover said:
Did you support TPP?
I see for the sake of this go around his rhetoric should match, but as a rule such is not necessary at all.calbear93 said:Let's cut to the chase. What are your biggest investments? Which companies? And how much of their revenue is generated from outside the US? And if it is large (most likely 50%), why are you investing in those companies and promoting globalism? Just wanting to see if your reality matches your rhetoric.cbbass1 said:You're looking at trade policy as if "Free Trade"/Globalism always was & always will be, and is 100% non-negotiable. That's simply not the case.calbear93 said:dajo9 said:cbbass1 said:WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
More specifically, WHY NOT go back to the New Deal policies that made the American Middle Class the most prosperous on Earth?
In fact, why would we not demand that our elected leaders re-orient our economic, trade, taxation, and labor policies so that working Americans could receive a greater share of the wealth that they generate, and have less go to corporate officers, shareholders, & private equity?
WHY NOT??
They'd rather fight for autocratic rule than the liberal policies that created the greatest middle class the world has ever known.
Caring about these issues is just a game of pretend for them. If that wasn't the case they wouldn't fight so feverishly for people who try to take healthcare away from the American people.
Greatest middle class came decades ago when manufacturing was competitive here and global trade and outsourcing were limited and consumer options were almost non-existent. We want iPhones every two years at prices that are affordable. Longing for that period in the past under different global economy is not going to make it happen. We are now a country of service and innovation and not manufacturing where high school education is going to afford a house with a picket fence. We are not creating the same level of middle class without retraining and appropriate education in the new industries. Raising minimum income to the level needed to live in CA is not going to make the average life in CA better. Enforcing criminal law, better education in public school with accountability for officials no matter the political pressures from the unions, and more job friendly regulation (CA has one of the worst and costly labor laws in the country for hiring hourly employees) will create a more competitive labor force. Detroit and Cleveland have one of the most liberal governments in America. But we are not going to dominate auto industry or auto manufacturing in the future. It isn't about liberal policies. It's about the new economy, and automation and AI, especially with China now leading in AI, will make it that much worse for average worker if we keep living in the past.
Healthcare is not why we don't have a stronger middle class. Most employees who can approach middle class have employer-provided healthcare insurance. And look at communities all over America, even in Georgia, Texas and North Carolina, where they focus on the new industries. They are wealthy with much larger community of minorities. It is about education, right skills and right industry and not prior policies that applied to 50 years ago when GM and GE were one of the largest and most profitable companies.
"Free Trade"/Globalist policies came about because the leaders of various industries, especially high tech, lobbied political leaders to create their dream scenario -- use cheap labor overseas, circumvent U.S. environmental regulations, bust unions, remake trade policy in their favor (at the expense of U.S. & European workers), and dramatically increase profits. They got exactly what they wanted, and over the last 30 years, they've destroyed the U.S. & European Middle Classes, while building better-educated & more prosperous Middle Classes in China, S. Korea, Singapore, and Taiwan.
The candidacies of Donald Trump and Bernie Sanders were a protest against these Austerity policies.
The bottom line is that IF we are a small-d democracy (which we clearly are not), we would vote for leaders & representatives who would change these policies, because so many Workers/Customers/Voters are screwed by them. Any policy that is done through legislation can be undone, no?
Bernie lost, Trump won. But Trump was clearly not serious about making any changes to trade policy, or economic policy (other than the tax cuts that he passed in 2017). It's one thing to get people angry about a policy; it's far more challenging to change a bad policy into something better. Trump didn't have the knowledge nor the political will to do anything to help American Workers. He hates unions, and often complained about U.S. workers being paid too much (not that he was going to pay them anyway).
Before Globalism, there were no viable options to domestic manufacturing, so "competitive" was a meaningless term; its use only came about when "Free Trade" policies were first being discussed in the early 1990s, when it was clear that industrial leaders were going to put all of the world's workers in competition with each other. [Note: Although industrial leaders emphasized Productivity and "working smart" as the most important component of "competitiveness," the reality was that it's primarily based on the local cost of living.]
As I've said before, Neoliberalism/"trickle-down"/Austerity economic policies, as well as Globalism/"Free Trade" policies, are economically unsustainable. The best example of this is the game of Monopoly. The game is "rigged" in that all money flows to the wealthiest & most ruthless, and everyone else goes bankrupt.
As a society, we're close to the end of the 'game,' and transitioning to corporate/authoritarian rule & Fascism. This is coming from both political parties.
If the stock price of Altria continue to rise because the demand for their equity outpaces the sellers' desire to sell, they will not change their behavior and will in fact have more means to invest in marketing to get more people addicted. I personally would not invest. I also don't invest in Chinese companies that are listed, don't invest in pharmaceutical companies that engaged in opiate trade, etc. Otherwise, all of this is just hot air. We can't act as if someone else is enabling all the bad behavior we spend hours complaining about when we are happily part of the collective that inflame those same behaviors.OdontoBear66 said:I see for the sake of this go around his rhetoric should match, but as a rule such is not necessary at all.calbear93 said:Let's cut to the chase. What are your biggest investments? Which companies? And how much of their revenue is generated from outside the US? And if it is large (most likely 50%), why are you investing in those companies and promoting globalism? Just wanting to see if your reality matches your rhetoric.cbbass1 said:You're looking at trade policy as if "Free Trade"/Globalism always was & always will be, and is 100% non-negotiable. That's simply not the case.calbear93 said:dajo9 said:cbbass1 said:WHY NOT go back to that time?dimitrig said:Cal88 said:— internet hall of fame (@InternetH0F) June 27, 2023
Al Bundy raised 2 kids in a 2 story home with a stay at home wife while working as a shoe salesman.
I wish we could go back to that time.
Unfortunately, that was the plot to a TV program and did not reflect reality.
More specifically, WHY NOT go back to the New Deal policies that made the American Middle Class the most prosperous on Earth?
In fact, why would we not demand that our elected leaders re-orient our economic, trade, taxation, and labor policies so that working Americans could receive a greater share of the wealth that they generate, and have less go to corporate officers, shareholders, & private equity?
WHY NOT??
They'd rather fight for autocratic rule than the liberal policies that created the greatest middle class the world has ever known.
Caring about these issues is just a game of pretend for them. If that wasn't the case they wouldn't fight so feverishly for people who try to take healthcare away from the American people.
Greatest middle class came decades ago when manufacturing was competitive here and global trade and outsourcing were limited and consumer options were almost non-existent. We want iPhones every two years at prices that are affordable. Longing for that period in the past under different global economy is not going to make it happen. We are now a country of service and innovation and not manufacturing where high school education is going to afford a house with a picket fence. We are not creating the same level of middle class without retraining and appropriate education in the new industries. Raising minimum income to the level needed to live in CA is not going to make the average life in CA better. Enforcing criminal law, better education in public school with accountability for officials no matter the political pressures from the unions, and more job friendly regulation (CA has one of the worst and costly labor laws in the country for hiring hourly employees) will create a more competitive labor force. Detroit and Cleveland have one of the most liberal governments in America. But we are not going to dominate auto industry or auto manufacturing in the future. It isn't about liberal policies. It's about the new economy, and automation and AI, especially with China now leading in AI, will make it that much worse for average worker if we keep living in the past.
Healthcare is not why we don't have a stronger middle class. Most employees who can approach middle class have employer-provided healthcare insurance. And look at communities all over America, even in Georgia, Texas and North Carolina, where they focus on the new industries. They are wealthy with much larger community of minorities. It is about education, right skills and right industry and not prior policies that applied to 50 years ago when GM and GE were one of the largest and most profitable companies.
"Free Trade"/Globalist policies came about because the leaders of various industries, especially high tech, lobbied political leaders to create their dream scenario -- use cheap labor overseas, circumvent U.S. environmental regulations, bust unions, remake trade policy in their favor (at the expense of U.S. & European workers), and dramatically increase profits. They got exactly what they wanted, and over the last 30 years, they've destroyed the U.S. & European Middle Classes, while building better-educated & more prosperous Middle Classes in China, S. Korea, Singapore, and Taiwan.
The candidacies of Donald Trump and Bernie Sanders were a protest against these Austerity policies.
The bottom line is that IF we are a small-d democracy (which we clearly are not), we would vote for leaders & representatives who would change these policies, because so many Workers/Customers/Voters are screwed by them. Any policy that is done through legislation can be undone, no?
Bernie lost, Trump won. But Trump was clearly not serious about making any changes to trade policy, or economic policy (other than the tax cuts that he passed in 2017). It's one thing to get people angry about a policy; it's far more challenging to change a bad policy into something better. Trump didn't have the knowledge nor the political will to do anything to help American Workers. He hates unions, and often complained about U.S. workers being paid too much (not that he was going to pay them anyway).
Before Globalism, there were no viable options to domestic manufacturing, so "competitive" was a meaningless term; its use only came about when "Free Trade" policies were first being discussed in the early 1990s, when it was clear that industrial leaders were going to put all of the world's workers in competition with each other. [Note: Although industrial leaders emphasized Productivity and "working smart" as the most important component of "competitiveness," the reality was that it's primarily based on the local cost of living.]
As I've said before, Neoliberalism/"trickle-down"/Austerity economic policies, as well as Globalism/"Free Trade" policies, are economically unsustainable. The best example of this is the game of Monopoly. The game is "rigged" in that all money flows to the wealthiest & most ruthless, and everyone else goes bankrupt.
As a society, we're close to the end of the 'game,' and transitioning to corporate/authoritarian rule & Fascism. This is coming from both political parties.
I find smoking distasteful and medically costly to society, but even though I don't own the likes of PM and BAT or Altria, I see no problem with owning same. People will not quit the habit whether I own it or not, and if they are stupid enough to be users, why not profit from it? I just don't like high dividend stocks that go down more than the dividend paid in either the short term or long term so haven't participated
This is a good point. I also want to note that it's not unique to the US - China is struggling with the exact same thing now that they've made such great strides with economic growth and that 10% growth is unsustainable at scale.calbear93 said:
On the mechanics, I think you are missing a critical secular trends. EV and hybrid cars are making maintenance less frequent and need for mechanics in the future much lower. And there are only limited number of need for mechanics. We should not overpopulate in a dying industry. We should think around the corner and see where the next secular trends are going.
Here's another:Quote:
JIN KEYU: You have master's students lining up in cigarette factories or becoming nannies in order to be employed. So that leaves a significant portion of the population and their families quite disgruntled.
RUWITCH: And that, Jin says, could make it harder for the government to address some of China's thorniest long-term challenges.
JIN: Unless their expectations are filled, they're not going to get married, which is a big problem, you know? They might not want to have kids because of the anxiety and the insecurity and the uncertainty. So it leads to a host of present, pressing problems.
RUWITCH: More and more college graduates are punting, applying for graduate programs to delay reality a little bit. Back at the Lama Temple in Beijing, Jose Qiu just shakes his head.
QIU: (Through interpreter) In our school, there were more grad students who entered this year than undergrads. So it feels like there's no advantage to getting a graduate degree. The only thing you can do is suck it up and keep on trying.
Quote:
A record 11.6 million college students are expected to enter the job market this summer, but their prospects look bleak. Urban youth unemployment is at record levels, reaching 20.8% in May, and an influx of new job seekers will only increase the competition.
At the same time, the job market they will be competing in is under stress posing a risk to the government, which has so far been unable to reverse a trend partially of its own making. The slowing economy has been battered by the government's now-abandoned strict zero-Covid policy and a regulatory crackdown across the private sector, which accounts for 80% of jobs nationwide.
Among the industries hardest hit are tech and education, two sectors that would normally attract large graduate intakes.
All this makes for a depressing picture for students, many of whom already feel exhausted and discouraged after navigating China's notoriously competitive education system to reach this point with little to show for it.
"This master's degree…is finally…finished," one student wrote on the Chinese app Xiaohongshu, next to a photo of herself on the ground, barely clinging to her graduation cap and thesis packet. In another picture, she pretends to throw her thesis into a recycling bin.
In the comments, some younger students anxiously debate whether it's worth applying for graduate school, while older peers commiserate. One remarked: "Great post, it perfectly reflects the mental state of graduate students."