Posts Tagged ‘jobs’

Honda's latest version of the Asimo humanoid robot walks down stairs during a presentation in Zaventem near Brussels July 16, 2014. Honda introduced in Belgium an improved version of its Asimo humanoid robot that it says has enhanced intelligence and hand dexterity, and is able to run at a speed of some 9 kilometres per hour (5.6 miles per hour).  REUTERS/Francois Lenoir (BELGIUM - Tags: SCIENCE TECHNOLOGY BUSINESS SOCIETY) - RTR3YVL3

Robots coming to steal half your jobs, Bank of England warns

Roughly half of the workforce in the UK and the US are likely to eventually lose their jobs to robots, as technological automation trends spread across all industries and service sectors, the Bank of England’s chief economist has warned.

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The Donald is relying on racist whites to ignore facts, history and math in order to put him in the white house.

5 Charts that Show Trump’s Immigration Paper Is Nonsense

Obvious Land

Posted: April 30, 2015 in -
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Tax cuts for middle, lower income Americans boost economy while tax breaks for the rich do little to help

Economists finally study what everyone else already knew. Are they shitting me? That’s some major fucking malpractice on the part of the entire economics cult. How can anyone take these people seriously when they just get around — in 2015 — to studying how class affects jobs and job creation? They are a ridiculous and pathetic lot who are largely employed to suck the corporate cock of their ideological masters. Prove me wrong.

The study is unusual in that it is believed to be the first study that relies on empirical evidence to measure the impacts of tax cuts for different types of people on total employment in the U.S.

“I find that the positive relationship between tax cuts and employment growth is largely driven by tax cuts for lower-income groups and that the effect of tax cuts for the top 10% on employment growth is small,” Zidar says.

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Independent America

3 Economic Myths Busted

Posted: April 7, 2015 in -
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Right wing talking point is bullshit.

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Highest Minimum-Wage State Washington Beats U.S. Job Growth

Right wing extremists are also known as “cheap labor conservatives,” and their policies are bankrupt.  They do not work, because when poor people get more income they spend it all and put it back into the economy.  Result: a better economy for everyone, more activity, more job creation, more spending.  The customers drive the job creation, not the mythical “job creators” shtick.

In the 15 years that followed, the state’s minimum wage climbed to $9.32 — the highest in the country. Meanwhile job growth continued at an average 0.8 percent annual pace, 0.3 percentage point above the national rate. Payrolls at Washington’s restaurants and bars, portrayed as particularly vulnerable to higher wage costs, expanded by 21 percent. Poverty has trailed the U.S. level for at least seven years.

 

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Working class heroes and what they’ll do to keep their families from disintegrating.

The Full Monty is a British comedy set amidst the economic destruction and high unemployment among the general laboring class.  This is a globalization theme, entire classes betrayed by the corrupt rulers of these modern regimes.  At the heart of the story is a man who owes child support to his ex, and she refuses to allow him to see his children until he pays up.

This deep cut brings the economic calamity into the personal realm.  With the brilliant idea of creating a male dancer Chippendales type show, in order to earn the needed child support cash, he sets out to wrangle his mates into joining him up on stage as male strippers.

This is a funny, topical and heartfelt dramedy that should be pretty timeless moving into the foreseeable future.

4.5/5

 

cult

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And transcript, by Rob Kall / OpedNews.

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The other point I’ve been making for a decade about offshore production is not free trade, it’s labor arbitrage; and that all tradable goods and services can be moved offshore. So that you can very easily have a permanent unemployment rate of 25% or 35% percent or even higher, because the only jobs that can’t be offshored require hands-on performance: like going to the dentist, or getting your hair cut, or being served in a restaurant by a waitress, or in a bar by a bartender.

“When one side runs with it too far it becomes abusive, it becomes too much regulation, and then it becomes too little regulation. So keeping the balance requires sensibility, intelligence, and not ideologies. If the people are committed to ideologies and are operating ideologically, then it always gets out of balance.”

 

Paul Craig Roberts has a new book.

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The Failure Of Laissez Faire Capitalism And Economic Dissolution of the West 

I don’t always agree with Roberts (especially concerning the Reagan legacy); however, he often make a lot of sense economically and in defense of civil liberties.

“In the late 20th century and early 21st century, governments in the US and Great Britain chafed under the requirement that government, like the people, is ruled by law and took steps to free government from accountability to law.

Appleton says that the result is a “tectonic shift in the relationship between the state and the citizen.” Citizens of the US and UK are once again without the protection of law and subject to arbitrary arrests and indictments or to indefinite detention in the absence of indictments.

In the US, citizens can be detained indefinitely and even executed without due process of law. There is no basis in the US Constitution for these asserted powers. The unconstitutional powers exist only because Congress, the judiciary and the American people have accepted the lie that the loss of civil liberty is the price paid for protection against terrorists.

In a very short time the raw power of the state has been resurrected. Most Americans are oblivious to this outcome. As long as government is imprisoning and killing without trials demonized individuals whom Americans have been propagandized to fear, Americans approve. Americans do not understand that a point is reached when demonization becomes unnecessary and that precedents have been established that revoke the Bill of Rights.”