Bringing manufacturing back to the US, but no jobs for the working class

[John Edgar Slow Horses]

Robotics and AI will create so much money that humans will have to work much less hours and have a hefty UBI put in their accounts.

 

[JohnDB]

And how do you think all those low paid, lazy Trump supporters will cheer this?

These higher paying careers will spend on services that usually also includes gratuities....and those will be tax free.

 

[frigidweirdo]

These higher paying careers will spend on services that usually also includes gratuities....and those will be tax free.

So these beefy men looking at manufacturing jobs they can get then get fired from for being lazy, will then end up as waitresses trying to charm people with their whit and intelligence?

 

[frigidweirdo]

Robotics and AI will create so much money that humans will have to work much less hours and have a hefty UBI put in their accounts.

And in true human fashion, a few will take most of the money, and the rest will struggle.

 

[Hollie]

No, you were. At MAL, Kristie.

You obviously are 12 years old.

 

[Woodznutz]

Well many of us in America were, but what about the one's that went to China in search of manufacturing and cheap labor to make American product's, otherwise to send back through the 10% tariff wall into America where the American tycoons made huge profits on the entire set up ??

Now Trump is attempting to straighten it all out, but we were so entangled with China that who knows what's going to go on in order to fix this thing ...

Big time negotiations needs to go on for sure, and yes we need to get ourselves back down off of the dependency baby chair that we've climbed so precariously upon, otherwise by relying so heavily on Chinese manufacturing and it's cheap labor for American consumer goods, but shamefully at a cost of our American job's and our American manufacturing.

American greedy business tycoons done this to us over time, and yes we can wean ourselves off of the Chinese bottle, but let's be rational about it.

China has been a trade partner that's made many American business men wealthy beyond their wildest dream's, so there is something to be said for that.

If China was using it's wealth generated to build itself into a mega power, and was engaging in nefariousness and wrongful ways, then yes let's for sure address that problem as we work our way out of this mess.

Trade between China and America can go on, but it just needs gaurd rails put in place, and a 10% tariff working in both directions.

We have to solve our federal debt problem, that is tied directly to trade.

 

[Woodznutz]

All pension schemes run on you pay me now at your current value of the currency, and we pay out at the future value of the currency. Otherwise it wouldn't work. Inflation is designed to reduce the value of people's money so they spend it rather than hoarding it.

There are two sorts of people. Those that work and earn enough to be able to buy extra things for their retirement, and those that can't and end up relying on their SS pensions. These pensions require people to pay in now, and receive later. This requires enough workers to pay for the pensions now, which is something like 3 workers for every one retired person, depending on how much is paid out to retirees.

People are complicit in their own failure as much as in their own success.

 

[frigidweirdo]

People are complicit in their own failure as much as in their own success.

The point is that for people to have pensions you need a scheme where people pay in now, and get paid out later on. And for this to work, you need something like 3 workers per every retired person. It's a ponzi scheme and has to be.

 

[Woodznutz]

The point is that for people to have pensions you need a scheme where people pay in now, and get paid out later on. And for this to work, you need something like 3 workers per every retired person. It's a ponzi scheme and has to be.

The retirees don't live forever, although today's longevity certainly is affecting all retirement programs. Adding to the workforce will help once Maganomics is up and running.

 

[Woodznutz]

Trump official admits US workers won’t get jobs in new factories spurred by tariff strategy

Howard Lutnick suggests robotics are the future

uk.yahoo.com

"
Howard Lutnick appeared on CBS’s Face the Nation on Sunday and promised that “trillions” of dollars would flow into the US in the form of new investments in America’s manufacturing sector. Margaret Brennan, the show’s host, questioned whether those factories would be “automated”, as Lutnick had said previously.

Pointing out that the construction of new factories “takes years” and will do nothing to bring down costs of consumer goods for Americans in the short term, Brennan added: “You said that robots are going to fill those jobs. So those aren't union worker jobs.”

“It’s automated factories,” Lutnick conceded, while promising that American workers would build and “operate” the factories brought to US shores in the coming months and years."

Yep, they're planning on bringing manufacturing back to the US, but not for working class to have low paid jobs, they'll never compete with poorer countries even with the tariffs put in place. Nope, it's all going to be automated so the rich get RICHER and the poorer get morescrewedoverer.

"The poor are always with you." -J. Christ

 

[beagle9]

The retirees don't live forever, although today's longevity certainly is affecting all retirement programs. Adding to the workforce will help once Maganomics is up and running.

Kind of tough selling the old rhetoric to the American people that the social security system is going broke or that the worker's are living longer etcetera, etcetera, etcetera, otherwise after all the corruption we've been given information about now, and how billions were being allocated for some of the most outrages bull chit ever imagined ??????
Funny how Biden was going to find millions for student loan debt relief or all the billions sent to other countries for the abomination run program's in those place's that rebounded some of the money back here ??

 

[frigidweirdo]

The retirees don't live forever, although today's longevity certainly is affecting all retirement programs. Adding to the workforce will help once Maganomics is up and running.

No, but you still need three workers for every retiree. And the average life expectancy is nearly 90

 

[Woodznutz]

No, but you still need three workers for every retiree. And the average life expectancy is nearly 90

78.6

 

[frigidweirdo]

78.6

Which is still a lot of money that needs to be paid out. And the number of older people is growing.

Might be 20 years before it hits a demographic problem. Depends on whether you can get more immigrants in or not. Or whether you can convince everyone to have 10 babies.

 

[beagle9]

Which is still a lot of money that needs to be paid out. And the number of older people is growing. View attachment 1099520

Might be 20 years before it hits a demographic problem. Depends on whether you can get more immigrants in or not. Or whether you can convince everyone to have 10 babies.

What math are you using ? See, that is the entire thing in a nutshell. Whenever politicians need millions or billions of dollars, then is it not simply amazing to any of us upon how that money is magically found ??? But when it comes to a family called the American citizen's, otherwise for whom worked and trusted the government to do what's right by being good Stewart's of the money, then we instantly see the disrespect and lies kick in out of sheer convenience and manipulation of the books by way of many schemes or outright theft.

 

[Woodznutz]

Which is still a lot of money that needs to be paid out. And the number of older people is growing. View attachment 1099520

Might be 20 years before it hits a demographic problem. Depends on whether you can get more immigrants in or not. Or whether you can convince everyone to have 10 babies.

If benefits have to be reduced (20 percent is being floated) then the retiree will just have to make up for it somehow or settle for less. However, in many if not most cases SS isn't a retiree's only income. A closer look is needed. Seniors hold vast assets, and most want to leave some to their children, thus they don't spend it on themselves. Most retirees are doing just fine.

 

[beagle9]

If benefits have to be reduced (20 percent is being floated) then the retiree will just have to make up for it somehow or settle for less. However, in many if not most cases SS isn't a retiree's only income. A closer look is needed. Seniors hold vast assets, and most want to leave some to their children, thus they don't spend it on themselves. Most retirees are doing just fine.

You aren't addressing the hard worker's that paid into the program for say 50 year's or a little less, for whom of course may have seen many tragic situations unfold in their families lifetimes, otherwise situations like medical conditions etc, that had left them almost penniless (no fault of their own), as they approach their earned retirement income ages that will help them to make it on their final leg of the journey. Screwing these people out of their earned retirement incomes is what a demonic led America would do, and sadly this in many ways is exactly what is being advocated or in some cases is already in progress.

Constantly threatening these citizen's who are now our senior citizen's that deserve respect and honoring for what they helped to achieve in this nation is a demonic thing. Think about it.

 

[Woodznutz]

You aren't addressing the hard worker's that paid into the program for say 50 year's or a little less, for whom of course may have seen many tragic situations unfold in their families lifetimes, otherwise situations like medical conditions etc, that had left them almost penniless (no fault of their own), as they approach their earned retirement income ages that will help them to make it on their final leg of the journey. Screwing these people out of their earned retirement incomes is what a demonic led America would do, and sadly this in many ways is exactly what is being advocated or in some cases is already in progress.

Constantly threatening these citizen's who are now our senior citizen's that deserve respect and honoring for what they helped to achieve in this nation is a demonic thing. Think about it.

I've thought about it a lot. Most people bring their misfortune onto themselves. "No fault of their own" is mostly false, especially when it comes to health.

 

[Correll]

78.6

Libs just say shit. It don't mean nuthin.

 

[beagle9]

I've thought about it a lot. Most people bring their misfortune onto themselves. "No fault of their own" is mostly false, especially when it comes to health.

Are you living in some sort of alternate universe or reality, otherwise where everything is based upon idea's and thinking that most people just love being dependents and moochers on society ?

I think that most hardworking honest Americans (that are in the millions), have faced in their lifetimes tragedy, upheaval, medical event's, and many crashes that were out of their control, and then when they reach the last supposedly secure promise in which they were forced to pay into but was glad that they did, the politician's use it as a political hammer in one form or another to fight the opposition with...

They (the political giants), threaten the very legitimacy of the program after millions were being duped into it because they are workers, but now as it has been revealed, the money in this country is so vast that it was being thrown around like a drunken sailor on shore leave in Amsterdam.

The SS retirement system should be a guaranteed sovereign program for exactly what it was designed for (retirement), and it should never be used or defrauded in any way shape or form.