Moderator: Community Team
saxitoxin wrote:Your position is more complex than the federal tax code. As soon as I think I understand it, I find another index of cross-references, exceptions and amendments I have to apply.
Timminz wrote:Yo mama is so classless, she could be a Marxist utopia.
jay_a2j wrote:hey if any1 would like me to make them a signature or like an avator just let me no, my sig below i did, and i also did "panther 88" so i can do something like that for u if ud like...
mpjh wrote:You should have asked that question when W was in. Your 401K went to shit before Obama came to office. The Republicans have fought every effort to fix the problem since Obama won. The Republicans remain the problem. Besides, WHAT WERE YOU THINKING, leaving your 401K in stock?
Pretty much any attempt to fix it would have an effect comparable to the treatment of said witch-doctor.Napoleon Ier wrote:Probably because those efforts to fix the problem are the economic equivalent of having an African shaman witch-doctor apply leeches to you.mpjh wrote:You should have asked that question when W was in. Your 401K went to shit before Obama came to office. The Republicans have fought every effort to fix the problem since Obama won. The Republicans remain the problem. Besides, WHAT WERE YOU THINKING, leaving your 401K in stock?
saxitoxin wrote:Your position is more complex than the federal tax code. As soon as I think I understand it, I find another index of cross-references, exceptions and amendments I have to apply.
Timminz wrote:Yo mama is so classless, she could be a Marxist utopia.
Except there will hardly be a recovery this time, oh, the economy will pick up slightly again, but barely anyone will start hiring. The employees simply won't be needed, in fact, they already aren't, but firing everyone not strictly necessary and optimizing the existing lines of production would have caused too much of a fuss. With companies going bust left and right and losing a few hundred million US$ every month however... well, why employ people if you can install a robotic production line that manages twice the output and you only have to pay for it once, maintenance costs are negligible when compared to wages. Mid-term we'll have to get used to unemployment rates in the 20s, eventually they will go as high as 80%. Fewer and fewer people will be necessary to provide the goods and services that can possibly be consumed by everyone.Napoleon Ier wrote:Exactly MeDeFe... a period of sustained deflation liquidating malinvestments is a necessary for full recovery.
saxitoxin wrote:Your position is more complex than the federal tax code. As soon as I think I understand it, I find another index of cross-references, exceptions and amendments I have to apply.
Timminz wrote:Yo mama is so classless, she could be a Marxist utopia.
Take those 80% and treat them as a separate economy: can't they just start up their own chains of capital structure?MeDeFe wrote:Except there will hardly be a recovery this time, oh, the economy will pick up slightly again, but barely anyone will start hiring. The employees simply won't be needed, in fact, they already aren't, but firing everyone not strictly necessary and optimizing the existing lines of production would have caused too much of a fuss. With companies going bust left and right and losing a few hundred million US$ every month however... well, why employ people if you can install a robotic production line that manages twice the output and you only have to pay for it once, maintenance costs are negligible when compared to wages. Mid-term we'll have to get used to unemployment rates in the 20s, eventually they will go as high as 80%. Fewer and fewer people will be necessary to provide the goods and services that can possibly be consumed by everyone.Napoleon Ier wrote:Exactly MeDeFe... a period of sustained deflation liquidating malinvestments is a necessary for full recovery.
Work is fast becoming a thing of the past.
Medefe, you miss a central reality. You can't have production unless you have customers. Thus, if you robotize everthing, you have not employees (to speak of) and no one has any money to purchase your product.MeDeFe wrote:Except there will hardly be a recovery this time, oh, the economy will pick up slightly again, but barely anyone will start hiring. The employees simply won't be needed, in fact, they already aren't, but firing everyone not strictly necessary and optimizing the existing lines of production would have caused too much of a fuss. With companies going bust left and right and losing a few hundred million US$ every month however... well, why employ people if you can install a robotic production line that manages twice the output and you only have to pay for it once, maintenance costs are negligible when compared to wages. Mid-term we'll have to get used to unemployment rates in the 20s, eventually they will go as high as 80%. Fewer and fewer people will be necessary to provide the goods and services that can possibly be consumed by everyone.Napoleon Ier wrote:Exactly MeDeFe... a period of sustained deflation liquidating malinvestments is a necessary for full recovery.
Work is fast becoming a thing of the past.
it remains about as valid as your claim that 80 percent of people would suddenly just start developing new capital chains in any type of reasonable, effcient or sustainable way if you were going to go off of medefes claim.Napoleon Ier wrote:Yeah. The reason they were just as productive probably had something to do with 5 times the labour cost being input to production.
And I'm sorry, but no, banning all technology to make us all equally miserable isn't a valid answer to unemployment. Neanderthals all had jobs. I'm sure we still don't envy them.
Actually the productivity measure took into account cost. Amish farms run at a cost lower than the mechanized farms, and they don't end up with massive debt loads that cause their dissolution upon the death of the owner. All in all, we could learn a lot from the Amish.got tonkaed wrote:it remains about as valid as your claim that 80 percent of people would suddenly just start developing new capital chains in any type of reasonable, effcient or sustainable way if you were going to go off of medefes claim.Napoleon Ier wrote:Yeah. The reason they were just as productive probably had something to do with 5 times the labour cost being input to production.
And I'm sorry, but no, banning all technology to make us all equally miserable isn't a valid answer to unemployment. Neanderthals all had jobs. I'm sure we still don't envy them.
I feel that maybe you should try and analyze how well that is working out in areas with far less unemployment before you make such an outlandish and pretty unsupportable claim.Napoleon Ier wrote:Well, couldn't they? I mean, there's demand from 80% of the population, it does sort of make sense supply will rise to meet it.
Well, no they don't.mpjh wrote:Actually the productivity measure took into account cost. Amish farms run at a cost lower than the mechanized farms, and they don't end up with massive debt loads that cause their dissolution upon the death of the owner. All in all, we could learn a lot from the Amish.got tonkaed wrote:it remains about as valid as your claim that 80 percent of people would suddenly just start developing new capital chains in any type of reasonable, effcient or sustainable way if you were going to go off of medefes claim.Napoleon Ier wrote:Yeah. The reason they were just as productive probably had something to do with 5 times the labour cost being input to production.
And I'm sorry, but no, banning all technology to make us all equally miserable isn't a valid answer to unemployment. Neanderthals all had jobs. I'm sure we still don't envy them.
... Do the Amish hire Mexicans?mpjh wrote:Actually, nappy, you are forgetting to compare the capital carrying cost of machinery, the expenses of fuel and fetilizer, and the interest costs of the mortgage -- none of which are experienced by the Amish. Their higher labor-hours do not overcome that cost. Further, they give organic product, high quality livelihoods to an entire population, and greater dignity to farm workers.
In which case, the problem lies not in technology, but in the lack of it, rendering the use of it prohibitive in cost.mpjh wrote:Actually, nappy, you are forgetting to compare the capital carrying cost of machinery, the expenses of fuel and fetilizer, and the interest costs of the mortgage -- none of which are experienced by the Amish. Their higher labor-hours do not overcome that cost. Further, they give organic product, high quality livelihoods to an entire population, and greater dignity to farm workers.