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Thread: The Paradigm Has Shifted – Employment Rebound Led By Low Quality Jobs

  1. #31
    Master political analyst Dittohead not!'s Avatar
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    Quote Originally Posted by fenrir View Post
    Bernie's "policies" would give us Venezuela. Just how's that going to be helpful to the common man here I mean, other than weight loss.

    Flashback: Bernie Sanders Praised Socialist Venezuela as Model for Ending Income Inequality
    If implemented, Bernie's policies would give us Norway, Sweden, or Denmark.

  2. #32
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    Quote Originally Posted by publius3 View Post
    What’s true for Lebron James, Tom Brady, Bryce Harper or Rinaldo is true for all nearly all workers in a competitive economy. As long as workers have the option to leave one job for a competing job, worker pay gets bid up to reflect workers’ productivity.
    Tell me where you can find a work market which works this way ? Geography is already an element which makes distortion of an ideal competition..... Real free market is more efficient in the minds of people who are making of it a matter of faith than in reality...... To give you an example my country is not part of the EU. However we have an agreement with it which makes possible for any worker of the EU to come to work here as long as he finds a job. We are not submerged with EU worker, even if salaries are in Switzerland between 150% to 200% in Switzerland than in France or Germany for the same job. How do you explain that, at least from the standpoint of a competitive economy ? And we are competitive.......

  3. #33
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    Quote Originally Posted by galatin View Post
    Tell me where you can find a work market which works this way ? Geography is already an element which makes distortion of an ideal competition..... Real free market is more efficient in the minds of people who are making of it a matter of faith than in reality...... To give you an example my country is not part of the EU. However we have an agreement with it which makes possible for any worker of the EU to come to work here as long as he finds a job. We are not submerged with EU worker, even if salaries are in Switzerland between 150% to 200% in Switzerland than in France or Germany for the same job. How do you explain that, at least from the standpoint of a competitive economy ? And we are competitive.......
    FL, TN are still the US, if you're in Geneva, the same distamxe takes you into Spain, Alovenoa, Hungary. For sure, people can and do move, but even aside from that, just at the county level, the people working at Walmart don't stay there. The BLS stats show voluntary quits as employees find better deals.

  4. #34
    Scucca Æthelfrith's Avatar
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    Quote Originally Posted by Dittohead not! View Post
    If implemented, Bernie's policies would give us Norway, Sweden, or Denmark.
    Expensive food in Denmark! His weight loss comment might work

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    Quote Originally Posted by Dittohead not! View Post
    If implemented, Bernie's policies would give us Norway, Sweden, or Denmark.
    No, they wouldn't, they would give us Europe, a continent that, on the whole, is in a permanent state of 'Great Recession'

  6. #36
    Scucca Æthelfrith's Avatar
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    Quote Originally Posted by publius3 View Post
    No, they wouldn't, they would give us Europe, a continent that, on the whole, is in a permanent state of 'Great Recession'
    Permanent recession? Wow the US must be way better off. How's US poverty rates compared to European?

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    [QUOTE=publius3;5312036]No, they wouldn't, they would give us Europe, a continent that, on the whole, is in a permanent state of 'Great Recession'[/QUOTE

    Hard to see a recession where I am.... or in Northern Europe..... And most countries here do adjust to globalization even if it is painful.....without whining too much.... because they cannot offer to themselves the luxury of refusing what anyway is already in the making if not made.... How long the USa would have the means to resist to globalization if they refuse it ?

  8. #38
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    [QUOTE=galatin;5312052]
    Quote Originally Posted by publius3 View Post
    No, they wouldn't, they would give us Europe, a continent that, on the whole, is in a permanent state of 'Great Recession'[/QUOTE

    Hard to see a recession where I am.... or in Northern Europe..... And most countries here do adjust to globalization even if it is painful.....without whining too much.... because they cannot offer to themselves the luxury of refusing what anyway is already in the making if not made.... How long the USa would have the means to resist to globalization if they refuse it ?
    Same for me in 2008, but when the US unemploymeny spiked at over 10% we called those rough times and a recession. Europe's unemployment rate, as a whole, has exceeded 8% for now, nearly a decade, possibly more. In the US, 8% is an absolute disaster. And its a bit higher than that too.

    "
    Eurozone unemployment dropped by 140,000 in February, pushing the jobless rate down from 9.6 per cent to 9.5 per cent — the lowest level since May 2009. Unemployment has tumbled by 360,000 in the three months to February to 15.4m, the biggest quarterly fall since 2015.

    “The job market recovery is in full swing and 2017 has started as strongly as 2016 ended”, said Bert Colijn, senior eurozone economist at ING." Financial Times, April 3rd, 2017


    Indeed, Scandanavia tends to do better, there are enclaves here that do much much better than Scandanavia.

    Switzerland of course is actually what I want the US to emulate, a much lower taxation jurisdiction where government is what? 30% of GDP?
    Last edited by publius3; 18th June 2017 at 12:14 PM.

  9. #39
    Scucca Æthelfrith's Avatar
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    Quote Originally Posted by publius3 View Post
    Same for me in 2008, but when the US unemploymeny spiked at over 10% we called those rough times and a recession. Europe's unemployment rate, as a whole, has exceeded 8% for now, nearly a decade, possibly more. In the US, 8% is an absolute disaster. And its a bit higher than that too.
    Irrelevant comparison. Anglo-Saxon economies have a history of reducing unemployment through subsidizing inefficient low wages. It is very easy to reduce unemployment while actually also reducing economic well-being. Thatcher was the poster child for that

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    But don't you see that emplpyment is made in the USA of very low paid jobs...... and unsecure ones....... The high level of unemployed people in Europe is the result also of the big mutations on rhe go and thefact that if you are unemployed you may refuse a lesser paid job,,,, and you do not loose social benefits....When I see that Kitchenaid pays workers USD 8 an hour (minimum wages in Switzerland about 3.800,- a month), I ask myself if youare really employed when you get auch a miserable salary....! About taxation in Swtzerland consider that it is notso low... (With social payments about 55% of my income either for that or taxes goes to to the State)
    Thanks from OldGaffer

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