US Birthrate Continues to Decline

[Correll]

You cannot directly legislate fair wages....it never works. It's been tried many times and in many ways. Never worked before and likely won't in the future.

Don't play dumb. NOTHING I have ever said, even remotely hints at that being my method.

However, supply and demand can and will control wages.

Which is why halting immigration, deporting all illegals, and encouraging women to stay at home, are all positive steps.

The supply of young people....even college graduated young people is shrinking.

Not really. Not while the immigration spigot is still turned ON.

But the college graduates have worthless degrees they can't pay for and the workplace refuses to pay for either. Educations have NOT kept pace with the demands of the workplaces. However their prices have outstripped inflation at a 5:1 ratio.
Meaning if inflation was at 3% then school tuition rose 15%.

And that should be a national scandal. There is no excuse for that. The colleges should be grilled to explain that, and if needed regulated to ******* stop and reverse that shit.

Most workplaces accept graduates with an adjacent degree if the work is complex and just take the hit of training for two years before they will hit proficiency.
(Nobody is happy).

There is something wrong there. I think we have ended up at a place where employers are not setting their qualifications well, and then the system is forced to sort of work by a combination of ignoring the rules and people that can talk themseves up, instead of actually being based on what people can do.


I've also seen a number of examples of people FAILING upwards, if they have the right narrative...

In large systems, there is decreasing accountablity as you rise in level. Moronic, idiotic, extremely costly fuckups, just ignored, because the people making the decision, are all in the room with the guys in charge, and the people getting fucked, aren't.

 

[Correll]

Morality CAN be legislated....

What I just described is actual ACTIONS. Those can certainly be legislated and enforced.

But we have a congress more interested in personal stock and option trading than taking care of the best interests of the people. It's not like they haven't been pictured on the congressional floor with cell phones actively trading stocks.

We haven't impeached a single judge even though some have literally been incarcerated....others obviously guilty in abdication of their duties....but nobody does anything.

Very true. Dems especially have been selecting and electing absolutely horrific judges. We should go through them as a group, and review their behavior, on the bench and in running their offices.

 

[Correll]

There is only one way to raise wages and wage growth, and that is to increase productivity. If you really want a vibrant economy, people are going to have to be focused on creating value, and then creating even more value. Making a law that forces companies to raise wages without any increases in productivity and value creation will just force companies to invest in robotics and AI.

True... but, keep in mind that we have had 50-60 years of wages NOT keeping up with increasing productivity...

So, that to me, implies that there is a... gold mine of "productivity points" sitting there, that employers have been happily "mining" for themselves, that could be access by employees, with strong leverage.

 

[Dorian Mode]

True... but, keep in mind that we have had 50-60 years of wages NOT keeping up with increasing productivity...

So, that to me, implies that there is a... gold mine of "productivity points" sitting there, that employers have been happily "mining" for themselves, that could be access by employees, with strong leverage.

That is a good point, and unfortunately also true. The first thing that comes to mind to explain this is the possibility that humans are not intrinsically increasing their value and productivity, technology is, which is provided by the company. In other words, technology (i.e., computers) is driving the increases in human productivity, not humans themselves. We will see how this plays out with AI. Of course, there are the standards that have been there for millennia, such as those with capital are greedy bastards, the common class doesn't know how to bargain its worth properly, etc. Another thing that comes to mind is the axiom that 80% of the work is done by 20% of the workforce. Maybe the financial rewards are now being weighted accordingly and 80% of workers stagnate and even decline and only 20% advance. Could be. Anyway, very interesting conversation!

 

[Correll]

That is a good point, and unfortunately also true. The first thing that comes to mind to explain this is the possibility that humans are not intrinsically increasing their value and productivity, technology is, which is provided by the company. In other words, technology (i.e., computers) is driving the increases in human productivity, not humans themselves. We will see how this plays out with AI. Of course, there are the standards that have been there for millennia, such as those with capital are greedy bastards, the common class doesn't know how to bargain its worth properly, etc. Another thing that comes to mind is the axiom that 80% of the work is done by 20% of the workforce. Maybe the financial rewards are now being weighted accordingly and 80% of workers stagnate and even decline and only 20% advance. Could be. Anyway, very interesting conversation!

Thanks.