Does anyone have a plan for long term employment recovery?

[Amelia]

?

 

[AmazonTania]

I do.

 

[Amelia]

I do.

Care to share?

 

[Amelia]

What will be considered acceptable levels of employment in the future? Will people be glad just to have 30 hour a week jobs and whatever gov't supplements they can qualify for?

Do you truly expect a robust sustainable economy with significant numbers of good paying jobs which are safe from the threat of moving out of the country?

 

[AmazonTania]

Care to share?

Sure. The plan involves consuming some bitter tasting medicine in stopping Federal Stimulus, Federal Reserve Quantitative Easing measures involving FOMC operations, and a quick steady increase in the Fed Funds rate.

These are all inherently internal problems. Another thing we can do is incentivize businesses to actually create jobs. This would include lowering taxes, ridding specific sectors of business impeding regulations, eliminating red tap, decreasing the cost of labor.

 

[Dugdale_Jukes]

Absolutely.

1. Increase penalties for white collar crime; base them on dollar value in increments of $50,000, make prison mandatory and strip the corporate veil so personal assets can be seized.

2. Raise margin requirements on commodities speculation to 10% for smaller volumes, 20% for large volumes. Oil prices will fall 25% in six weeks, gas prices will fall more than that, as will copper and so-called "rare metals".

3. Notify the WTO that effective immediately the US is instituting 100% reciprocity in tariff rates for similar materials.

4. Notify the WTO that effective immediately the US is taxing ALL imports at a rate to account for cost differentials between US mfgs and foreign mfgs not meeting similar environmental protections standards.

5. Effective immediately, eliminate tax transfers and carryforwards as well, then reduce corporate taxes to 10%.

6. Impose felony charges on individuals and businesses employing illegal aliens.

------------------------

Six months after that the US economy will be on the way to full employment.

Potential downside: inflation will try to return. That can be managed by threatening to open the FED's books if it isn't.

 

[Mr Natural]

A lot of the jobs that people with little education or skills that used to pay decent wages have gone to places like China.

 

[Boatswain2PA]

1. Re-establishment of the 10th amendment clearly overturning the 1942 Wickerd v. Filburn case, and every case predicated on it. This would take most economic regulatory authority away from the federal level and return it to the state level where it belongs.

2. Re-establishment of tariff's on select imports.

3. A monumental simplification of our tax code. Get it down to something like a hundred pages.

 

[C_Clayton_Jones]

Obviously some have ‘plans’ whether they’ll work or not is another matter altogether.

 

[AmazonTania]

A lot of the jobs that people with little education or skills that used to pay decent wages have gone to places like China.

Why do you think that is?

 

[Againsheila]

?

They don't even want to admit there's a problem, it will be a long time before they even think about correcting it.

 

[AmazonTania]

Potential downside: inflation will try to return. That can be managed by threatening to open the FED's books if it isn't.

It's more long the lines of likely. There has to be better solutions than a higher cost of living simply because everyone is afraid of Free Trade.

Ton's of Western countries have Free Trade. They don't have anywhere near the employment problems that the US has. Not enough protectionism can no longer be a valid answer for why America sucks so bad.

 

[Mr Natural]

A lot of the jobs that people with little education or skills that used to pay decent wages have gone to places like China.

Why do you think that is?

Cheap labor.

 

[AmazonTania]

Cheap labor.

Only Cheap Labor? Are you sure? There are tons of countries around the world with cheap labor. Ton's of countries with no minimum wage either. Your jobs aren't going to many of those countries.

 

[Mr Natural]

Cheap labor.

Only Cheap Labor? Are you sure? There are tons of countries around the world with cheap labor. Ton's of countries with no minimum wage either. Your jobs aren't going to many of those countries.

And many of them are.

Mexico
Bangledesh
Viet Nam
Taiwan
Indonesia
India

To name few.

 

[AmazonTania]

And many of them are.

Mexico
Bangledesh
Viet Nam
Taiwan
Indonesia
India

To name few.

I'm glad you named Mexico, Taiwan, Indonesia and India.

What do all of these countries have in common, besides cheap labor?

 

[Dugdale_Jukes]

Potential downside: inflation will try to return. That can be managed by threatening to open the FED's books if it isn't.

It's more long the lines of likely. There has to be better solutions than a higher cost of living simply because everyone is afraid of Free Trade.

Ton's of Western countries have Free Trade. They don't have anywhere near the employment problems that the US has. Not enough protectionism can no longer be a valid answer for why America sucks so bad.

Name the western nations with tariffs as low as the US.

All that suggests protectionism in my solution are environmental desecration charges, which are already on the table as an international carbon tax. By definition equal or perfectly reciprocal trade tariffs are not protectionism.

 

[AmazonTania]

Name the western nations with tariffs as low as the US.

Canada, Australia, New Zealand, Swizterland, Germany, Japan, Hong Kong (technically not a Western countries but it's westernized and it's a commonwealth nation).

And NOTHING in my solution suggests "protectionism". Equal or perfectly reciprocal trade tariffs are not protectionism by definition.

Tariffs discriminate foreign goods and forces domestic consumers to jump through an extra hurdle to purchase that good. That is protectionism.

 

[Billo_Really]

?

I have a plan!

• End the wars and bring everyone home
• Close the over 800 US bases around the world
• Cut the defense budget in half
• Issue government infrastructure construction projects across the country
• Subsidize matching funds for state and local governments wanting to do the same
• Provide tax rebates for companies manufacturing their products in the US
• Increase tariffs on companies manufacturing their products outside the US
• Use the remaining savings from defense cuts to pay down the deficit

That outta do it!

Nothing gets more American's back to work faster than the construction industry.

 

[midcan5]

First consider FDR's rebuilding and support of America during the great depression, and then the massive Keynesian spending for war that eventually brought America back from the brink. Now consider midcan's energy proposal which handles jobs too. If history says anything, it says austerity is a failure, and today we can look to Europe as an example of that failure.

http://www.usmessageboard.com/energy/56561-plowing-not-drilling.html

http://www.usmessageboard.com/economy/220510-the-greatest-job-creator-of-all-time.html


"The economic elite have accomplished this by relentlessly pressing their advantage, an advantage mat exists for the simplest of reasons: the rich buy influence. As the divide between them and everyone else has grown since the early 19705, the wealthy have poured more and more money into lobbying and politics in order to control the agenda. Now the "one percent" is plowing untold millions into political contributions and lobbying, and every effort to try to reduce the influence of money in politics has been rebuffed. With the Supreme Court Citizens United ruling of January 21,2010, the message was driven home to the middle class that politics had become slavishly addicted to the big bucks of the moneyed class and that the ability of average Americans to influence elected officials would be overwhelmed by that money. Now, for a price, the elite will select the candidates and bankroll the campaigns, and few politicians will be able to afford to give up the corporate dollars." 'The Betrayal of the American Dream' Donald L. Barlett, James B. Steele

See here for extended quote. http://www.usmessageboard.com/politics/280343-a-world-without-work-3.html#post6871448