I think this chart says it all. American workers are not productive.

https://s22.postimg.org/65shje6q9/slave_wages.png

You get more production value for your dollar in China and Mexico.
Further automation and robotizing of production is the only way to regain lost market shares. Obviously, automation and robotizing will create new hi-tech jobs. In the long run, low labor wage countries are doomed as they will lose much of their export market.

The low skilled American worker will not be invited to the party.

I have no idea what we will do with all these surplus people -- don't be one of the disposables :2 cents::upsidedow

half of all human beings are not able to do a high skill job...but they can vote...robotization to stay competitive is not an option because it only benefits a few but hurts many so its only a matter of time before it is voted illegal by even the high skilled let alone the low skilled...

Porn work will always be there for those people. Also many startups and companies that can't afford bots will need humans to do that work, or manual labor, repetitive and low education jobs, etc.

Also something you haven't considered is highly intelligent, high net worth, robots hiring humans to do work they don't trust other competitive robots to do :2 cents:

Never going to happen. The first sex robot that is cheap enough for the average person will spell the end of traditional relationships. Then you're going to see a total embrace of the robot world. :1orglaugh:1orglaugh:1orglaugh

That's where education comes in

Unfortunately, we're not talking about medicine or law since those are BEING AUTOMATED as we speak.

The future is probably going to involve a guaranteed minimum income for all residents of the US

Plastics.

The future is plastics.

How is it the "same old thing"???

The Federal Govt. has been helping to ship those jobs overseas through policy, taxes, and regulations and trade deals for almost 30 years now.

Bringing them back would be "new".

As for being replaced by robots...again, I've heard that my entire life. And it's been the line we've been fed ever since NAFTA.

And yet...somehow...those jobs are STILL being done by humans 30 years later. Only it's not Americans doing it anymore.

Think about that a second.
And yeah, I know...technology has advanced. Same thing they said in 1990 as well.
Technology ALWAYS advances. And automation is always happening.

Doesn't mean we can't bring back millions of jobs that are still being done by human beings.

What you're saying is kind of like: "Well, we're all gonna die someday...so no use waiting around for it...might as well commit suicide"

And that's what the Federal Govt. trade deals, tax laws, and regulations over the last few decades have amounted to: The country killing itself.

It's senseless to me.

I guess what I am ultimately saying is this:

In my opinion, Trump's promises to bring back jobs and manufacturing to the US is a big house of cards that is going to eventually collapse under the weight of automation. I don't know when it will happen, but I think we will start to see major shifts towards automation in many areas in the next 10 years. I don't have a problem with trying to bring back good jobs, but I would also like to see us preparing for the inevitable. I know you think it may never happen or won't happen on such a scale it will cease human manufacturing and I will agree that there will always be a need for people in those factories. I just think we are not too far off from having factories that run with a handful of employees as opposed to hundreds or even thousands. I feel we would be better suited to try to prepare for the future than to try to simply placate them with jobs that may not last very long.

I agree that NAFTA sucks and I think we can do some things to bolster our economy and having new jobs isn't a bad thing. I just feel that we are at a time in history when we are about to undergo a sea change in our economy and we would be best served to look to the future and try to prepare for it as best we can.

Here is an interesting article.

https://www.forbes.com/sites/debrabo.../#35765b053fa9

It says that projections show by 2020 the legal pot industry will create more jobs in America than the government, utilities companies or manufacturing. The article says they actually expect a decline in manufacturing jobs of about 800K while the pot industry will create about 250K jobs.

Of course, the manufacturing part of that could chance depending on what Trump does.

Kane, why can't we bring back the jobs AND prepare for the future at the same time?
Kinds hard for people to transition into new skills when they are living off foodstamps and going to the doctor with govt. subsidized health insurance.

People need to be able to live with dignity and pride to be able to achieve at high levels.
In my opinion, that is where the Democrat Party jumped the shark.
Having everyone so dependent on govt. takes that away from people.

I don't think you can bring back a job of let's say a woman sewing shoes together for Nike in Bangladesh for $1 per day.

even when you set their tax rate to 0% - which is what they probably pay already right now

now you could tax them with 35% - which makes a $100 pair cost $135 - but do Americans really have a homemade alternative with the same "coolness" factor or would they rather still buy Nike?

Let's say Nike decides to bring back a part of their production back to the US to circumvent the border tax - does anyone think 100 Bangladeshi women would be replaced with 100 Americans?

Or would Nike invest in automation - which is too expensive to replace $1 workers in Bangladesh but in the US...

And what about the rest of the world that does not charge a 35% border tax and still pays only $100 for the pair - would American consumer just accept that?

Or what happens when the EU, China etc say: fuck that, now we charge 35% on everything made by Americans. (and we do have alternatives for almost everything America sells)

Another example:

Right now Boeing and Airbus compete head to head - countries like China are their biggest markets. Now imagine suddenly Boeing becomes 35% more expensive cause China is pissed and puts up a border tax in return. I hear the champagne popping at Airbus headquarters already.

it's too late, nobody is going to bring any jobs back to any places that multiply productions costs - because the world has developed and you have more than 4-5 civilized nations you can sell to.

If the US market shrinks due to higher sales prices because of border tax, many companies will be able to gain market share in other markets to compansate that cause their american competition will get taxed out of those markets.

So basically: The rest of the world shrugs their shoulders and the US will end up with the same or less amount of jobs and $1 dollar shops being renamed to $5 dollar shops.

You do realize that China already does that?
It's known as China's "Tariff Wall"

Trump is right. We have allowed politicians with no business sense to make bad trade deals for decades.

I'm going to believe what I personally think and what the movers and shakers of the business world think.

You might want to consider that in your analysis. The so-called experts who have formed policy for our nation for the past few decades have been the cause of our economy floundering. They have no record of success at all.

Why would you still believe their flawed theories?

I would say: "Why isn't the so-called 'left' here in the U.S. protesting and going crazy over the shit that NIKE has been doing?
Why is it that Trump is the one stepping up to the plate with ideas and policy that seeks to end companies running sweat shops overseas with child labor?

Shouldn't all these protestors be protesting against NIKE instead? And shouldn't they have been doing that for years now?

And shouldn't Pres. Obama have taken some kind of action during his 8 years in office?

Trump is the only one who has had the balls to stand up and try to do something...and the so-called 'left' does nothing but forecast doom and gloom and negativity and proclaim that NOTHING can be done.

This is the hypocrisy that I see. "Black Lives Matter" people screaming about Trump while they wear their Nike tennis shoes made by 6 year old child slave labor in Pakistan.

PURE hypocrisy.

In a perfect world, I would love to see that. To be honest, I don't see much of either happening. Trump just got into office, so he might change things, but there are many experts who say Trump's plans will only serve to raise the cost of goods and won't really bring that many jobs back. Maybe they are wrong. I guess we are going to find out.

I will agree 100% with you that the Democrats have fully jumped the shark on this. It wasn't too long ago that they were the party of the blue collar worker, fighting for higher pay, better benefits, and better jobs. Now they are the party of the political incorrectness.

Excuse me Robbie, Exactly who do you think tRump has brought into his administration? The lobbyists and corporate skells that have bought off these politicians for the past 50 years that's who. tRump didn't drain the swamp, he replaced it with corporate CEO's and his billionaire friends. Are you seriously thinking this administration is thinking of the American worker? Do you think 800,000 jobs or even 5 million jobs are going to make a difference? Where on earth would these jobs come from? It's not the government, it's the corporations, it's the nature of capitalism, it is reality.

When the tax cuts are said and done and tRump is ready to build the wall and increase our nuclear stockpile, where do you think the funds are going to come from? It won't be the rich people will it? It will be the middle and lower class. Suddenly the deficit talk has vanished from discussion.

And manufacturing is not coming back in any significant form. Automation is not going to be a economic factor in the US future any time soon. We are becoming a service economy. If we don't adapt we will die.

ruff, that's your view of things.

The people that President Trump put in his cabinet are EXACTLY the people he promised in his campaign.

He plainly said that he knew the best people in the world.

If you think that a group of billionaires and Generals are lobbyists...then you need to educate yourself.

Those billionaires are the people who PAY lobbyists. lol

Trump said what he was going to do. He said over and over in the campaign who he was going to pick for his cabinet and where he was going to pick them from.

I am more than happy that he has very successful people who are leaders in the world as opposed to just another group of politician/lawyers.

We've seen what the "old way" of doing things has gotten us: 20 Trillion in debt, good jobs gone, and endless wars.

I know that you don't want more of the same old thing. How could you?

Right after the election I thought that the Democrat Party powers-that-be had seen the light.
They were talking on the news programs about how they needed to get back to being the champion of the WORKING man.

But the last few weeks...it seems like they have went into denial and have convinced themselves that they didn't really lose...it was the Russians, or it was Hillary, or it was horrible redneck racists voting massively...

Huge mistake. And now that they have convinced themselves of that, they are headed right back down that road of special interest groups (like the bathrooms in N.C. and other subjects that a person working hard to feed their families see as a waste of time).

Democrat politicians are ready to fight to the death about transgender bathrooms. Meanwhile the steelworkers in Pittsburgh and auto workers in Detroit just roll their eyes and wonder how in the hell the Democrat Party is being fronted by an old woman who looks like a librarian shrew (Warren), an old curmudgeon socialist (Sanders) and Chuck Schumer and the new DNC chair Perez.

None of that cast of characters is addressing the working man. They are all about "resisting" Trump's policies that could actually HELP the working man.
And all they talk about are subjects that only interest small groups with specific issues.

As I said before...those real working men and women look at these Democrat Party Leaders and they might as well be from Mars.
And the ILLEGAL immigrant situation? They seem to care more about people who aren't citizens than actual citizens.

It's almost as if the Democrat Party is the party of the NON-Working man. :(

I'm afraid the Democrat Party is gonna have to sink even further before they learn their lesson. :(

they should

but the consumer rather beat each other up over a limited edition for twice the price and the stock market celebrates them for their profit - which would clearly suffer if they moved their production away from the sweat shops.

Trump will pick up NV, NH and VA in the next election but lose by more in the popular vote because ALL the resistance is only coming from CA and NY

he will not even go INTO a next election.

you guys simply do not have the minds for global markets to see this logic.

i can tell you already WHEN his day is here.

there are a few "obama-things" more what the republicans want to get rid off and they will let trump do it because they know already, that they will need one at the end they can blame for that.

after that is done (what will be possibly before autumn) they will kick him out with the help of the democrats.


before the end of THIS YEAR the era trump is over. remember that sentence when that day comes.

What in the fuck are you talking about, cuck? :1orglaugh:1orglaugh:1orglaugh

the brainwashing is so strong in this one, you almost sound like a dangerous extremist... maybe you should disconnect your brain from our European left extremist media for a moment, go outside, breathe some clean air and relax.

i do not even need the media to understand to where that leads.
and you 2 bonsai brains will learn that too BEFORE THIS YEAR HAS END !!!!

so let´s laugh at each other after the 31st of december, ok ?

Good.

Fuck the junkies.

They can have my weed when they pry it from my cold dead hands

since the states legalizing did not vote for trump, i wouldn't be surprised if he keeps the status quo...lets states do what they want, but dont do any favors to the industry like tax deducting business cost & letting banks lend to them.

but the administration has 50 things higher on the list than potheads right now.

IMO. :2 cents:

Thommy, that is very insulting. You don't know the people you are making these kinds of remarks to.

I'd love to see how much money you've made in your career before you start trying to talk down to people...some who have been far more successful.

If you are so great in finances and global markets...then why aren't you on YOUR private jet at some big property that you own?

Not trying to argue with you. But the attitude of your posts come across that you think that you somehow are smarter than everyone here and know more about finances.

Sounds a lot like the "experts" who have destroyed the economy.

All I am saying is that maybe it's time for people who have actually ACHIEVED success in business globally to run the country as opposed to the same old bunch of politicians who know NOTHING about business.

Wouldn't you say that makes more sense than to continue doing things that have failed over and over?

well if success is your argument if someone is right or wrong you can ask a few people here if i am or not. i think i am ;-) and last not least i am successful because i always saw the clouds comming before others did.

i hate to fly and i do not need a private yet - for what?

and about the properties i own - i do not want to give you a detailed list but believe me i own more of them as i can use.

well one of the recognition features of smartness is to know WHEN you are smarter as the others and when not. I think I know exactly what i can and also where I am a dumb (and yes there are MANY things were I have to left hands - but for sure not in questions of business)

nope - these were the "commercial experts" who make their money with writing expertises in favor of those who want to brainwash you.

have you ever read the story about the so called "matches king" in sweden?
he seemed to be the richest person in the world and after he died they found out that his assets did not even pay 10% of his debts.

absolutely NO - and you are 100000% right when you look for a change !!!!
your problem there is that you try to find the roots of the problem at the wrong spot.

that might have to do with a centuries old wonderland fiction they gave you and that might have to do with an education what is concentrated to give a nation what does not have a real history kind of a culture.
it also might have to do with facts in the history of the world what are falsified (that happens in all countries) to lead the view from own mistakes.

i think that is is time for america to LISTEN AND LEARN instead to order. it makes much more sense to learn from thousands of years old civilizations HOW they could survive instead trying to teach them from a point of a 250 years old civilization how they have to do it.

the world and the world economy is MUCH older than that and it worked for THOUSANDS of years - I personally can not find any world economy crises existing before USA came in the game. and ALL worldwide economic crises of the last 200 years had their roots in USA.

i think before you are able to discuss this issues clearly you have to free your mind from the idea to find the responsible far away or in other countries or cultures.
the problem is starting in the election system - what should not be called democratic - and it ends in the idea, that someone who is selfish and inhuman enough to be successful in business life is also the one who thinks in the sense of the 99% for which he should create wealth.

you have to understand one thing: if a business guy with a lot of influence does something forbidden in his country - he still have money enough to buy the judge and buy the media.
if the same happens in between countries, there is no other judge as weapons and wars.

:1orglaugh:1orglaugh

Most get highs react the same way.
I don't smoke pot now -- for over 10 years.

But if you want to kick back and get wasted ... NP as long as you don't drive fucked up.