Jack Saturday

Monday, January 18, 2016

Anti Wage-Slavery Pro-Freedom Quotations Of The Week 1404-1406

…the overall number of private-sector jobs is still far too few. In the last two years, according to the European Central Bank, 2.16 million jobs were created in the eurozone: 724,000 in Spain, 592,000 in Germany, but only 127,000 in Italy. And of these, almost two-thirds are part time. Unemployment in Germany is 6.3 percent; in Italy it’s going down, but is still high at 11.3 percent. And only 15.1 percent of Italians between 15 and 24 have a job at all, against 43.8 percent in Germany.

And so, even as Mr. Renzi and the Italian media celebrate the private sector, many Italians are longing for the security of the dull but solid life of the government clerk.
The Secret Behind Italy’s Favorite New Film
Beppe Severgnini JAN. 14, 2016
   New York Times
    [emphasis JS]

 According to the Wall Street Journal, today's jobs report imposes a huge amount of pressure on the Fed. Jobs are up; half the jobs created are temporary positions. The rest are in service industries that pay very low wages and no benefits.

Wages went down again this month, making it harder or nearly impossible for a family to make ends meet. Temporary positions, when finished, will lead to many more unemployed people. Part time jobs, a sizable chunk of the jobs that have been created, aren’t enough for a family to live on.

Our economy and GDP have been growing in the 2% range, the lowest in the last 50 years.

The economy is not working for the majority of Americans.
Why Can’t People Be Told The Truth #Economy
   Andrew S. Ginsburg
    [emphasis JS]

 …outsourcing is not the main driver of domestic job loss.
 a lot of the manufacturing jobs the United States lost over the past 50 years didn’t go overseas; they simply disappeared with the advent of new technology.

James Sherk, a research fellow in labor economics at the Heritage Foundation, said the trend in machines taking over factory work that was previously done by humans has been going on since the 1950s. But for presidential candidates, it’s a lot easier to blame other countries rather than robots.
Don’t blame stingy companies or over-regulation by the government; blame the rapid progress of technology.
Instead of talking down to blue-collar workers, candidates should admit that trying to restore manufacturing to what it once was in this country is not an attainable, or even a desirable, goal.
Machines are cheaper than people, marginal wage increase or not.
Time to Talk Robots

Emma Roller JAN. 5, 2016
    New York Times
     [emphasis JS] 


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