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Originally Posted by $5 submissions
The real solution? PEOPLE NEED TO GET RID OF THEIR "ENTITLEMENT MENTALITIES"
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And how do you propose to do that? It's great to say it but I doubt if you have a clue on how to achieve it. I do and so does everyone else of my age. That will give you a clue.
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Originally Posted by Ron Bennett
Too many people, too few jobs.
So what are the options...?
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Stop buying in goods from overseas and export more.
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* Create more jobs and opportunities.
Seems so easy, but not when considering globalization and automation
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Stop buying in goods from overseas and export more.
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* Reduce population growth.
China planners had the foresight to what was coming 30+ years ago
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The people who think retail spending is a solution like lots of shoopers. Pretty fucked up idea as most shops are full of foreign goods. But WTF it looks like policy.
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* Eliminate some of the population.
Extreme, but some people, including in the power-elite, ponder that as a serious option.
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Yes that might go down well in the Bible Belt.
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* Paying under-employed / unemployed people - welfare, the dole, etc.
Much of Europe embraces this model - and increasingly the U.S. too, as unemployment / lack of opportunity becomes more like Europe's
What other options are there?
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Stop buying in goods from overseas and export more.
Telling them to go starve isn't an option. Not for a Christian country.
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Imho, long political diatribes, such as the first post, are meaningless.
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The writer is so biased it's a joke.
A "free market" means a boss of a company can move his entire production to a third world country and then import the goods for 20% ish of what it used to cost and sell them to the population of where his production used to be to those who still have jobs. At a better price. Because all those screaming about the debt will buy them.
The problem is the more jobs you export, the less people at home to buy them. No worries, the "Service Sector" will replace the money lost. We'll support those who lost a job maybe "making cars in Detroit or Dagenham" with Social Security paid by people who have jobs and businesses making a profit. And all will be fine.
Except to get into power, people promised to lower taxes. They just made up the difference with borrowed money.
Then the shit hit the fan. The "Service Sector" which was mainly financial. Made themselves a ton of money by fucking the rest of us and the house of cards collapsed. All of a sudden it was clear many countries had borrowed too much. some had debts they could manage, some had debts they couldn't manage and some had to be rescued.
Rescued with more borrowed money.
Simplistic explanation, but it's true. We put ourselves into the hands of the bankers. When they fucked us the alternatives were simple. Bail them out and go into a recession or let them throw themselves out of their windows and have another 30s style Depression.
$5 submissions the way to achieve your aim is so simple to answer. In 1965 when I started working there was no "ENTITLEMENT MENTALITY" because everyone could find a job. A lot of those jobs were producing goods for export. When I went to a shop most of the goods had "Made in Britain" labels. Marks and Spencers boasted that something like 90% of the goods they sold were made in the UK. Today you would be pushed to find anything made in the the UK or US.
1967 I was in the dress making business, in East London. There were loads of factories everywhere making clothing. Dagenham had a big car making plant.
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Ford Dagenham is a major automotive factory located in Dagenham, United Kingdom operated by the Ford of Europe subsidiary of the Ford Motor Company. The plant opened in 1931 and has produced 10,980,368 cars and over 37,000,000 engines in its history.[1][2]
Vehicle assembly ceased at the plant in 2002 but it continues as a major production site with the capacity to assemble 1.4 million engines a year.[2] In 2008 the plant produced around 1,050,000 engines and was the largest producer of Ford diesel engines globally.[2] Employment at the plant peaked at around 40,000 workers in 1953, and the plant currently employs around 4,000 people.[2] The plant covers around 475 acres and has received over £800 million of capital investment since the year 2000.[2]
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That's 36,000 people out of work, not spending money and on benefits. As it the factory now. It wasn't just the bosses fault. The workers in those factories loved to go on strike and were a nightmare to deal with. I knew workers and bosses there.
Detroit. Didn't the unions push the owners into a benefits package for medical and pensions that made it cheaper to move the plants or bankrupted the plants?
Everyone is to blame for the mess we're in.
If you want low taxes and low prices, where does the money come from to support your lifestyle.
mynameisjim
Problem is the voters wanted it. Tax cuts and armies wandering the world looking like they rule the world. Have you seen some of the political rallies?