“Socialism killed motivation to work” says Home Depot Founder but the data says otherwise…

Discussion in 'Politics' started by UsualName, Dec 30, 2022.

  1. ipatent

    ipatent

    This reflects the leverage of computers and automation, not how hard they are working.
     
    #31     Dec 31, 2022
  2. UsualName

    UsualName

    You and @TreeFrogTrader hate the American worker for no good reason. This has already been discussed. Computers, automation, the wheel, the printing press, plows, the assembly line, etc innovation has been happening since the Dawn of time. The problem is that innovation doesn’t account for stagnant wages.
     
    #32     Dec 31, 2022
  3. Really? Think that through.

    It can and will continue to account for stagnant wages- and in many cases no wages- for some.

    You are unfamiliar with economics but just briefly I will point out to you that as the cost of wages approaches or exceeds the price of automation it makes automation a more beneficial option and acts as a buffer against excessive wage demands by workers.

    Especially where offshoring for cheaper labor is not an option such as in service industries. Your union buddies and advocates such as yourself that say that no wage is high enough because everyone is special have created a massive, massive number of jobs. Unfortunately they are all in China. That's your preferred way of showing your great love for the working class.
     
    #33     Dec 31, 2022
    traderob likes this.
  4. Tony Stark

    Tony Stark

    Its time for a 2500 monthly min wage with increases tied to inflation/cost of living increases.
     
    #34     Dec 31, 2022
  5. UsualName

    UsualName

    More failure from you. There’s no shortage of jobs in America. There’s nothing wrong with automation either. The problem is wages are too low. All of this shows up in the data.

    Interestingly, many companies are choosing to bring back offshored jobs in the wake of the pandemic because many countries proved not to be able to handle a global crisis well.
     
    #35     Dec 31, 2022
    Frederick Foresight likes this.
  6. I did not at any point say that there were. You are going into fuzzy lowly focused comments as is your way.

    As you said above: "This conversation applies to the uneducated entry level workforce that can’t get ahead in America anymore." And the over-arching point of the thread is the workers are poorly motivated and certain tiers of the workforce are both unmotivated and unskilled.

    Your point that there is no shortage of jobs only serves to support the fact that there are jobs but they are going unfilled due to low motivation.

    The automation points go to the fact that there are limits to how many dollar incentives that employers will throw at unmotivated workers before automating or finding other ways to eliminate those jobs. There is more than one factor at play here which might be a bit too nuanced for you.

    Let's leave it there. You are getting sloppy and unfocused.
     
    #36     Dec 31, 2022
    ipatent likes this.
  7. Cuddles

    Cuddles

    damn, statements worse than i thought

     
    #37     Dec 31, 2022
  8. UsualName

    UsualName

  9. Ricter

    Ricter

    Probably read Ayn Rand as kids and have been fucked up in the head ever since. "Workers are moochers!" Etc.
     
    #39     Jan 11, 2023
  10. Cuddles

    Cuddles

    you extend the virtue of lecture onto them? You're too kind
     
    #40     Jan 11, 2023
    Ricter likes this.