Tag Archives: unemployment
Upward Flowing Economic Prosperity
The Trickle Down Economic theory proposed by the rich has it all backwards. It theorizes that tax relief of the rich will spur them to move their equity around which will stimulate economic growth. Perhaps it will stimulate further economic wealth for the wealthy but it will have little effect upon improving the standard of living for the average wage earner. The greatest factor for economic growth is consumer spending, not individual prosperity or investments. The more people spend on goods and services the greater demand there is for consumables and products. More demand means expanding businesses. Expanding businesses means more demand for jobs. Continue reading
More Consumer Power to Realize Our Dreams
The U.S. seems to have strayed from Dr. Martian Luther King’s “I have a dream…” in the 1960’s to only the very rich can afford to dream in 2010 after the Supreme Court rulings on Citizens United and in the 2013 ruling on McCutcheon. It is bad enough that the almost powerless middle class and the powerless poor have progressively less purchasing power and almost no political power but the extremely rich are now able to lend their enormous wealth towards further influencing votes and our legislators to rule over the nation in their interests. Continue reading
Is the Cost of Carbon Reduction Too High?
Early this week President Obama announced that the EPA will enforce a 30% reduction in carbon emissions for power plants by 2030. Republicans, conservatives, and climate change deniers claim that the cost to the public in loss jobs and increased cost of energy will be devastating to many. Climate deniers will say that these recent catastrophes are not the result of global warming by man but the result of normal cyclical changes in weather patterns. But what if they are wrong as the vast majority of climate scientist are saying? As storms become more frequent and increase in severity they cause more damage and loss of lives in the communities they hit. This results in the loss of jobs and cost of damage to affected residents. The government then declares these disaster relief areas and provides disaster relief money which comes from tax dollars we all pay. Continue reading
The Future is Here yet We Remain Unaware
In the newest high tech wafer fabrication facilities where very small amounts of contamination could mean the death of chip making everything is done by robotics and computers. Humans are only there in very limited numbers to maintain the machines. The steps taken to make the hundreds of millions of MOS transistors that are crammed into each memory and CPU chip in our computers, tablets, and cell phones is extraordinarily complex and precise requiring close to absolute cleanliness. So for those in the high tech chip making industry you already know that the future has been here for the last decade or two. If chip making can be fully automated so can just about any industry and manufacturing facility. The technological know-how is already here for automating most other industries. Many have already already been slowly automate and permanently eliminate jobs for decades. Continue reading
The Job Terminator
We are already experiencing the subtle impact of job terminating technology today. Our tech savvy technologist are turning out new technological innovations at an ever-increasing rate. New generations of cell phone come out ever six months to a year that are each smarter and cheaper than the previous. Other gadgets are being created constantly to satisfy our insatiable appetite for gadgetry and convenience. Ask yourself what can people do that computers are unlikely to do other than screw thing up. Through artificial intelligence computer can learn to get increasingly smart and they never forget anything and some can constantly think billions of times faster than us without rest. So unemployment is no longer as a result of the 2008 crash. It is as a result of outsourcing and automation. Continue reading
Are Jobs Gone for Good?
Job recovery since the 2008 economic meltdown has been sluggish and lagging other economic indicators. Yet industries are making record profits and the stock market has significantly exceeded its highs prior to the economic collapse. Executives are making record salaries … Continue reading
ouR Social Conscience 