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From a comment by JackOH responding to my post about David Brooks’ NYT column about labor shortages and how “For the life of me, I can’t figure out why so many Republicans prefer a dying white America to a place like, say, Houston.”
You got it, Buffalo Joe. My native disposition isn’t all that strongly “pro-laborist”, but I’m just astounded by the twaddle written about labor. I was in a hiring capacity, and the #1 reason we could not keep talented people was we could not pay them well. It’s no better than half-truth to say we were having “labor shortages”. The workers who left us were having “pay shortages”—they brought strong skills to the table, and we weren’t paying them enough for those skills.
It’s almost as if rich people and rich organizations have more power to influence which phrases colonize our minds.
Part of the modern theater of life is the sleight of hand that convinces people to look only at one side of an issue. For example, look only at the company demand for workers, without noticing the worker supply.
Being Friday and all, I am inclined to think about Star Wars: “Those aren’t the Droid Workers you’re looking for”.
Business facing a labor shortage are victims. People who don’t have enough money are losers. There’s a difference.
Don’t forget the ever popular: “They do the jobs Americans won’t do!”
…[because they pay $5 an hour and only a third worlder could see that as a step up]
All my working life, UK employers have complained about a shortage of engineers. All my working life, it has been challenging to earn more than a unionised tradesman. The US and Canada have benefited greatly.
Steve, you should have included the second half of JackOH’s response:
I can wholeheartedly agree with that. I was perusing some job listings lately and I was appalled at some of the wages being offered. Some examples: Cow milker starting at 3 a.m., $9.70/hour. Truck driver to move rigs around a rail yard, overnight shift until 4 a.m., $12/hour. Licensed electrician — licensed, to make sure your house doesn’t burn to the ground!!!– $15/hour.
And THIS ONE, from a local craigslist, has to be seen to be believed:
Yep… $5.50 per inspection!!!! Welfare actually DOES pay better than work!!!
Complaining about wages is nothing new. In 1775, Adam Smith has this observation:
See supply-side economics, which has dominated since the Reagan years:
https://en.wikipedia.org/wiki/Supply_side_economics
Pay is regarded as one of these barriers to production and thus economic growth.
There is a general rule in business, Pay does not motivate employees, it just keeps them from leaving.” People are intrinsically motivated especially any in knowledge based work. If you have a lazy / lousy employee you need to fire them asap. It is a big mistake to think they will change their habits after getting a raise. They won’t. Salespeople are somewhat an exception to that. That is why it is always better to pay them on commissions rather than on salary in case you hire the proverbial dog that won’t hunt.
That same business rule applies to upper management also - correct?
https://www.forbes.com/sites/timworstall/2012/03/04/the-story-of-henry-fords-5-a-day-wages-its-not-what-you-think/#441e8d2766d2
Interesting to learn of this:Replies: @Forbes
And THIS ONE, from a local craigslist, has to be seen to be believed:Yep... $5.50 per inspection!!!! Welfare actually DOES pay better than work!!!Replies: @Steve Sailer, @pyrrhus, @Dieter Kief, @Pericles
So they are offering about $800 per month in pay?
As someone in engineering, it still surprises me that engineers are able to command high salaries, although Zuckerberg and the H1B visa program are trying to fix that. While LAS majors were struggling to find a job when I went to school, it was considered shameful among my engineering cohorts to get a job that paid less than $60,000 a year and this was a decade ago before the Second Tech Bubble appeared. My supervisor’s son last summer got a job that paid $85,000/year in a low COL area and was considered to have been “slumming it” but he wanted to be close to his girlfriend who was lucky to find a job in her field. He could find a high paying job just about anywhere.
If each “job” takes about an hour(travel time, inspection, data generation) that’s $5.50/hr.
Yeah, billionaire entrepreneurs would never covertly conspire to create a wage shortage among employees like it’s some sort of zero-sum game between the employees and a connected set of very large shareholders and upper management. That’s crazy talk.
Everyone knows we have to drive down wages to stay competitive in the global marketplace, or India and China will come to dominate in these critical fields. It’s for the good of the country. Only a Trumpkin would question the honesty and (P)rogressive motives of Silicon Valley’s tech billionaires.
A lot of it is which skills are appreciated and compensated for and which are not.
Pharmacists are very well compensated, even though the six year education they receive (at great expense) is gross overkill for the typical Walmart or corner drug store pillcop.
By contrast, true toolmakers are undercompensated. It takes two to four years to make a true journeyman machinist and probably six years to make a good all around machinist into a journeyman toolmaker. Consequently, no one really wants to apply for the few toolmaker apprenticeships as exist, which further makes the companies that need them decide that “no one is interested” and then refuse to support apprenticeship programs.
Companies also anticipate that CAD/CAM and 3D printing will eliminate the need for toolmakers of the old line persuasion. In fact, at first they did reduce the need somewhat-you can 3D print patterns and core box patterns, applying shrink rules in software-but the low hanging fruit opportunities are now largely gone. When you need a toolmaker now, you’re going to need one twenty years from now, and indeed until we have real Star Trek transporter technology.
A Walmart pharmacy is a pretty high volume operation, but obviously does not require the level of technical expertise a hospital pharmacist may require when there are calls for general anesthetics, chemotherapy drugs, intravenous medications and fluids, pediatric and neonatal dosage, rattlesnake antivenin, and so on.
I am not a pharmacist, but I play one at home.Replies: @Thea
And while we’re at it – when did we become “dying white America?” More importantly, when did we start accepting it from third-rate gas-bags like Brooks? Once we were cutting-edge demographic – of the world, really. Dammit: We put men on the moon and landed cameras on Mars. Now, in estimation of our Davos visionaries, we’re imminently disposable. And we’re to accept that conclusion, since any doubt, any show of monstrous self-interest on our part is yet another vast human atrocity chalked up to whitey. There are so many – real though exaggerated, valid though imaginary.
I believe – guessing here – that we didn’t change at all. Our ruling class did, becoming an elite that devotedly despises us as they would cockroaches and head lice. One of the most encouraging facets of last November was dying white America turning, finally, on rich people and their rich organizations and spitting in THEIR faces, for once.
The longer this “dying white America” garbage goes on, the more sinister it becomes. Implication is inescapable that one day perception will become project – and that dying will be hurried along by more decisive means.
Sailer , I wouldn’t blame you for banning me after my last crack . Well where would I go what would I do ? I would promise to change my ways , but that would just be another promise broken , and God knows I’ve broken enough promises . Since I can’t send flowers I will send this :
What with you being a gopher and all .
Dough Nuts:
I like your sea tales -- actual sea tales --about your younger days, but otherwise you're not the sharp wit that you seem to think you are.
Your plea for evermore tolerance despite broken promises is basically a Lefty Liberal attitude I don't like. You're too old for to act the Prodigal Son part.Replies: @donut, @donut
And THIS ONE, from a local craigslist, has to be seen to be believed:Yep... $5.50 per inspection!!!! Welfare actually DOES pay better than work!!!Replies: @Steve Sailer, @pyrrhus, @Dieter Kief, @Pericles
Wow! I sold Cub Scout cookies back in the ’50s and made more than that per hour.
You need only refer to the God of Free Entreprise, a certain Adam Smith, on the combinations of capitalists… do the search.
https://en.m.wikipedia.org/wiki/A_Distant_Mirror
Back in the horrendous 14th century, in the wake of the Black Death, reluctance to improve living standards for the lower classes produced some very, ahem, interesting outcomes…
Not sure if Barbara Tuchman counts as a swivel eyed nutcase.
More quotes from Adam Smith. I don’t think he would have just ditched the white working class.
…
The flipside is that paying employees too well prevents you from keeping them:
” Artificial Intelligence technical talent with F-you money do not hesitate to say F-you and leave for their own startups ”
http://www.nextbigfuture.com/2017/02/artificial-intelligence-technical.html
Pharmacists are very well compensated, even though the six year education they receive (at great expense) is gross overkill for the typical Walmart or corner drug store pillcop.
By contrast, true toolmakers are undercompensated. It takes two to four years to make a true journeyman machinist and probably six years to make a good all around machinist into a journeyman toolmaker. Consequently, no one really wants to apply for the few toolmaker apprenticeships as exist, which further makes the companies that need them decide that "no one is interested" and then refuse to support apprenticeship programs.
Companies also anticipate that CAD/CAM and 3D printing will eliminate the need for toolmakers of the old line persuasion. In fact, at first they did reduce the need somewhat-you can 3D print patterns and core box patterns, applying shrink rules in software-but the low hanging fruit opportunities are now largely gone. When you need a toolmaker now, you're going to need one twenty years from now, and indeed until we have real Star Trek transporter technology.Replies: @Carbon blob, @Jonathan Mason
“Pharmacists are very well compensated, even though the six year education they receive (at great expense) is gross overkill for the typical Walmart or corner drug store pillcop.”
Pharmacists are very well compensated *because* the education they receive is gross overkill. Doubly true for general practicioners. Gotta be able to pay off those loans…
A lot of doctors are going to be shocked when machines put half of them out of work in 20 years.
Pharmacists are very well compensated, even though the six year education they receive (at great expense) is gross overkill for the typical Walmart or corner drug store pillcop.
By contrast, true toolmakers are undercompensated. It takes two to four years to make a true journeyman machinist and probably six years to make a good all around machinist into a journeyman toolmaker. Consequently, no one really wants to apply for the few toolmaker apprenticeships as exist, which further makes the companies that need them decide that "no one is interested" and then refuse to support apprenticeship programs.
Companies also anticipate that CAD/CAM and 3D printing will eliminate the need for toolmakers of the old line persuasion. In fact, at first they did reduce the need somewhat-you can 3D print patterns and core box patterns, applying shrink rules in software-but the low hanging fruit opportunities are now largely gone. When you need a toolmaker now, you're going to need one twenty years from now, and indeed until we have real Star Trek transporter technology.Replies: @Carbon blob, @Jonathan Mason
This is sort of true, however the licensed pharmacist is the person in charge of the shop and most of the grunt work of pill counting and packaging is done by pharmacy “technicians” who are paid much, much less. A pharmacist is required to interpret doctor’s prescriptions, make phone calls to doctors tactfully telling them they goofed, be knowledgeable about drug interactions (also done by computers) and so on, to make sure your kids get the right dosages, and to ensure compliance with rules governing storage and handling of sensitive, delicate, addictive, or dangerous substances.
A Walmart pharmacy is a pretty high volume operation, but obviously does not require the level of technical expertise a hospital pharmacist may require when there are calls for general anesthetics, chemotherapy drugs, intravenous medications and fluids, pediatric and neonatal dosage, rattlesnake antivenin, and so on.
I am not a pharmacist, but I play one at home.
Deduct your vehicle depreciation, fuel, insurance, smart phone and high speed Internet, and you’d be paying them at least $5.50 an hour to work.
“There is a general rule in business, Pay does not motivate employees, it just keeps them from leaving.”
That same business rule applies to upper management also – correct?
Maybe they thought they were doing that, and Trump certainly encouraged them to think that, but I’m not reassured by the cabinet choices which seem top heavy with m/billionaires and generals. I have to wonder whether in the name of “returning the government to you, the people,” Trump has essentially crafted a military-industrial complex government. (And by Trump I mean his advisors. I credit Trump with more sincerity in his campaign than Hillary could summon. The overall goal, it seems to me, was to get him elected and then his handlers could then enact their real goals. What those are is still not entirely clear, but they seem to have something to do with getting the administrative state off the backs of the rich. Or am I missing something here?)
Sailer needs to refine and popularize new terms “oligarchic surplus” and” GSDG–grand social deficits from globalization…..what do our OM 0oligarphic masters gain from their devious public policy and what does the legacy middle class lose?
What is our rate of deprecation and who benefits and by how much?
Henry Ford thought the opposite, though the real story is more nuanced and complicated. This is a good article
https://www.forbes.com/sites/timworstall/2012/03/04/the-story-of-henry-fords-5-a-day-wages-its-not-what-you-think/#441e8d2766d2
Interesting to learn of this:
The fiction that Ford paid wages such that the employees could afford the product was an invention after-the-fact, i.e. an effect of the wages paid, not a cause of the pay level.
That’s the Uber model of business.
A Walmart pharmacy is a pretty high volume operation, but obviously does not require the level of technical expertise a hospital pharmacist may require when there are calls for general anesthetics, chemotherapy drugs, intravenous medications and fluids, pediatric and neonatal dosage, rattlesnake antivenin, and so on.
I am not a pharmacist, but I play one at home.Replies: @Thea
A lot of the pill counting is done by robots & has been for at least 20 years at some chains.
I wouldn’t call pharmacists over educated. They need to know what medicine combos will kill you. Patients will go to different doctors & forget to mention what the other prescribed. They usually go to one pharmacy however.
It could all be replaced by a smart phone app.
https://www.youtube.com/watch?v=Ck1UqU_HZ0g
What with you being a gopher and all .Replies: @donut, @David Davenport
Love is as kind as a piece of cheese in a mouse trap .
This, and the piece from Jennifer Rubin, have finally convinced me that the seismic shift is complete. Once upon a time, we’d hear them say that everyone on earth is an American; some of them just haven’t gotten here yet.
Now it’s clear that one group is excluded: Americans. Specifically, of course, the people who built this country and made it great. Everyone is welcome to America… Except Americans.
Trump couldn’t be more right about the MSM presstitutes: they’re the sworn enemy of the (real) American people.
https://www.youtube.com/watch?v=Ck1UqU_HZ0g
What with you being a gopher and all .Replies: @donut, @David Davenport
Well where would I go what would I do ? I would promise to change my ways , but that would just be another promise broken , and God knows I’ve broken enough promises . Since I can’t send flowers I will send this :
Dough Nuts:
I like your sea tales — actual sea tales –about your younger days, but otherwise you’re not the sharp wit that you seem to think you are.
Your plea for evermore tolerance despite broken promises is basically a Lefty Liberal attitude I don’t like. You’re too old for to act the Prodigal Son part.
I think I said I would never keep my promises . As for "Prodigal Son" I woke up one morning with the embers of the campfire burning low . The two of them having shoved off in the night to better futures . What might have thrown me off was that I thought that a mother should love her son and a father raise him . More fool I . Before you judge me , well you think about it . Did your mommy and your Daddy love you ? Well the sad fact is that is that in more than 15 years my poor Granny took me on reluctantly . I would rather be born into a pack of wolves .Replies: @donut
I wouldn’t call pharmacists over educated. They need to know what medicine combos will kill you. Patients will go to different doctors & forget to mention what the other prescribed. They usually go to one pharmacy however
They usually go to one pharmacy where a diligent pharmacist makes sure that the patient gets appropriate pharmaceuticals? Then why is there a continuing problem of drug abusers getting hold of superfluous and excessive pharmacy-issued drugs?
Obviously, in the near future there will be a cloud-based database available to all pharmaciesof all prescriptions issued by all physicians to all patients. That database should also have records of all prescription drugs manufactured and sold to all pharmacies.
That will solve the problem of doctoring shop around different docs for overlapping ‘scrips.
Except for a few remaining compounding and specialty pharmacies, there won’t be much need for credentialed pharmacists.
Why my animus against pharmacists? They add to the cost for health for all Americans, “scrip abusers or not. Also, in the existing American system, pharmacists are failing to solve the ‘scrip drug abuse problem, because pharmacists don’t know about all the pharmacies elling drugs to ‘scrip abusers.
There certainly is no shortage of human capital in the USA, on an absolute basis.
The USA is the THIRD MOST POPULOUS COUNTRY ON THE PLANET. Let that sink in for a moment. We’re also the only country that ever sent man to the moon, and we did that BEFORE letting in tons of Mexicans and “refugees” and all those other “hard workers.” We are the country with the best schools and universities, at least, judging by where the rich send their children.
We don’t need any immigration. Period. We have all the human capital we will ever need, and are on some of the most resource-rich land on the planet. USA is capable of pretty close to full economic self-sufficiency right now, with just the right policy changes. All those idiots getting “studies” degrees can pick our lettuce.
The current environment is anti-American and benefits only the top 1% of 1% who have the most capital and outsource the jobs, at the expense of Americans. The “pay shortage” exists almost entirely because of the immigration zeitgeist, and Trump is changing that.
Dough Nuts:
I like your sea tales -- actual sea tales --about your younger days, but otherwise you're not the sharp wit that you seem to think you are.
Your plea for evermore tolerance despite broken promises is basically a Lefty Liberal attitude I don't like. You're too old for to act the Prodigal Son part.Replies: @donut, @donut
“sharp wit ” You are right , you have caught me out . I have only pretensions to being sharp or witty .With a tiny bit of knowledge I puff my self up . I only stumble across a pearl by accident . Sea Tales I have plenty of . Give me a day or two to think of one . “despite broken promises”
I think I said I would never keep my promises . As for “Prodigal Son” I woke up one morning with the embers of the campfire burning low . The two of them having shoved off in the night to better futures . What might have thrown me off was that I thought that a mother should love her son and a father raise him . More fool I . Before you judge me , well you think about it . Did your mommy and your Daddy love you ? Well the sad fact is that is that in more than 15 years my poor Granny took me on reluctantly . I would rather be born into a pack of wolves .
Or am I missing something here?)
My attitude is, Trump’s not perfect, but he is a step in the right direction, a forerunner, more like a political-cultural John the Baptizer instead of the Messiah.
Furthermore, Trump never advertised himself to be a “Disarmament Now” kind of guy. You’re incorrectly projecting your Utopian wishes onto Trump. Fewer foreign entanglements and wars is not necessarily the same as a weaker US military.
I believe - guessing here - that we didn't change at all. Our ruling class did, becoming an elite that devotedly despises us as they would cockroaches and head lice. One of the most encouraging facets of last November was dying white America turning, finally, on rich people and their rich organizations and spitting in THEIR faces, for once.
The longer this "dying white America" garbage goes on, the more sinister it becomes. Implication is inescapable that one day perception will become project - and that dying will be hurried along by more decisive means.Replies: @Kyle McKenna, @ben tillman
They have near-complete control of the mass media, which Steve calls ‘the megaphone’ and I call ‘the production of truth’.
That’s how they got the erstwhile majority of this country to accede and assist in its own demise.
Just this evening I was skimming Google News to see what the Establishment Media was up to, and came across an article asking why all the white people in MSM entertainment are depicted as the good guys, and all the POCs as bad guys.
Yet they claim we’re the ones disconnected from reality. I realize that the two competing narratives will never meet, will further diverge, and will ultimately result in something very unpleasant.
I just never thought I’d see an important political figure, much less the President of the USA, actually call out the Evil Empire of the MSM for what it is. I’m glad to be alive.
I’m a licensed electrician working in ME for DoD contractors. I am required to do continuing ed to keep up my licenses along with having served a 4 year apprenticeship(now 5) . An HSE (Health Safety, Environmental) specialist makes the same money and has to have a high school diploma and 1 year of relevant experience. What’s wrong with this picture?
That’s the WalMart model. Pay a nominal salary that doesn’t cover or barely covers the expenses of having the job…and let the taxpayers fill in with welfare benefits.
Had an archery buddy who went to work for WalMart as a second job when the wife got “laid off” from her trades job. He drove 90 miles round trip for the job. Made no sense to me–in my household we spreadsheet all driving at 50 cents per mile and balance that against any/all car use.
After taxes, etc., he wasn’t making $45 a shift. So his employer hooked him up with food and other welfare programs. He kept working there till the car needed thousands of dollars in repairs. Which he couldn’t afford, so he lost his job. At one point he confided that he was nevertheless glad, because it “broke down his reluctance to get benefits.”
Huzzah.
" Artificial Intelligence technical talent with F-you money do not hesitate to say F-you and leave for their own startups "
http://www.nextbigfuture.com/2017/02/artificial-intelligence-technical.htmlReplies: @Olorin, @Pericles
I don’t buy your line of response based on having heard constantly through the 1980s, 1990s, and Aughts in the Bay Area/Silicon Valley and other tech zones that we were now in the glorious new age of permatemping for all.
Therefore workers shouldn’t expect long term jobs but take what they can get when they can get it.
In my experience in and around permatemping, when someone leaves a position it’s not “F-you,” it’s that they got poached by another company. And the number one rule of getting yourself poached?
Make sure you have a job, and employers will be beating down your door, trying to poach you.
But other than that…:
Yeah, that’s a real nightmare since we all know that money, like debt, exists solely as chains for the masses.
Or as a mortgage lender said to me in a moment of drunken honesty, “I hate people like you. Who in your 40s make 50% to 100% down payments on modest first houses then live in them for 20 or more years. My job is to get you in debt and keep you there. What people like you do is a kind of financial terrorism.”
And THIS ONE, from a local craigslist, has to be seen to be believed:Yep... $5.50 per inspection!!!! Welfare actually DOES pay better than work!!!Replies: @Steve Sailer, @pyrrhus, @Dieter Kief, @Pericles
To quote Seve Sailer’s Taki’s Mag article about birthrates in Paris:
“Wow, just wow.”
A licensed electrician gets 15 $ per hour. That’s what – a tenth of your usual doctor/lawyer?
Why pay your employees when you can give them frozen yogurt?
“Elon Musk Offers Disgruntled Tesla Employees ‘Free Frozen Yogurt’ To Appease Calls For Unionization”
http://uproxx.com/news/elon-musk-tesla-frozen-yogurt/
Thanks to Steve for the props, and, ditto, commenters.
Dr. X, Olorin, and a few other folks point to a real phenomenon. There’s a cost to the employee to work. The cost may be quantifiable (commuting distance, work clothes, much more), or qualitative (unclear managerial authority, unreliable colleagues, dubious employer reputation). That may partly explain why talented people will not re-enter the fields for which they’re trained and experienced. More money sometimes isn’t more enough money.
Dough Nuts:
I like your sea tales -- actual sea tales --about your younger days, but otherwise you're not the sharp wit that you seem to think you are.
Your plea for evermore tolerance despite broken promises is basically a Lefty Liberal attitude I don't like. You're too old for to act the Prodigal Son part.Replies: @donut, @donut
” You’re too old for to act the Prodigal Son part.” Let’s see can a man ever be too old to accept God’s mercy ?
https://en.wikipedia.org/wiki/Supply_side_economicsPay is regarded as one of these barriers to production and thus economic growth.Replies: @DJF
Except for CEO and Stock owner pay, that is vital to economic growth
I do have sea stories , what do you care to hear about ? The time I watched the Challenger blow up at lunch time ? Or my friend Michelle who taught me a lot and is still my friend from 1984 till now . Or maybe you would like to hear about my Black Aphrodite , Wendy and her long , long shapely legs that led up to that fine black ass that you could serve a drink on . I’ve seen the Northern Lights going north . I’ve been in love in the RP . And between Alaska and Hawaii I saw the most glorious awe inspiring blaze of stars . You , where ever you live never saw that . I’ve seen green water washing over the bow and laughed at Gods peevishness . I am a hope to die seaman , I do not fear God or death . I got the clap in Barcelona and the crabs as well . I’ve been to Cairo and seen the Pyramids . On Christmas day in the 80’s in the I saw the Redwoods , their majestic tops vanishing in the fog with a group of German tourists . The Giant Sequoias I have seen . The Acropolis and so much more . I have seen the blazing terror of God and shrugged it off .
I think I said I would never keep my promises . As for "Prodigal Son" I woke up one morning with the embers of the campfire burning low . The two of them having shoved off in the night to better futures . What might have thrown me off was that I thought that a mother should love her son and a father raise him . More fool I . Before you judge me , well you think about it . Did your mommy and your Daddy love you ? Well the sad fact is that is that in more than 15 years my poor Granny took me on reluctantly . I would rather be born into a pack of wolves .Replies: @donut
Now having caught me out and post confession , say something . Stevie is flying his Freak flag high . I am flying my 48 star American flag high .
There is not, there never has been, and there never can be, a labor “shortage.” The very idea is absurd.
What is prosperity? Prosperity is when employers who want to hire skilled workers at poverty wages, get no takers. This does not mean that there is a shortage of labor. It means that labor is valuable relative to demand, and the economy will adjust to valuable labor the same way that it adjusts to valuable gold and Manhattan real estate. Saying that you want the government to eliminate a labor ‘shortage’ by importing third-world refugees, is the same as saying that you want the government to eliminate propserity.
It’s called the market. Funny how businessmen who have no problem jacking up prices when their product is in short supply, scream that the government must intervene and drive wages down when labor is in relatively short supply. Because the challenge of dealing with market forces is apparently only for little people.
Although for some employers widespread poverty can be very profitable. Perhaps these people should move to Bangladesh, where they can have all the cheap labor their stone hearts desire. Of course places like Bangladesh are miserable and corrupt and unstable, but then, in the long run if you want unlimited dirt-cheap labor it’s a package deal.
http://globuspallidusxi.blogspot.com/2014/01/the-lie-of-labor-shortage.html
According to Ngram, usage of the terms “depressed wages” and “poor pay” peaked around 1980.
And THIS ONE, from a local craigslist, has to be seen to be believed:Yep... $5.50 per inspection!!!! Welfare actually DOES pay better than work!!!Replies: @Steve Sailer, @pyrrhus, @Dieter Kief, @Pericles
It sounds like they want you to pay for your car and mobile internet to make the reports too. I guess dental is out of the question?
" Artificial Intelligence technical talent with F-you money do not hesitate to say F-you and leave for their own startups "
http://www.nextbigfuture.com/2017/02/artificial-intelligence-technical.htmlReplies: @Olorin, @Pericles
I’m surprised the market for these people isn’t more like that of professional athletes. E.g., you sign a contract of a given duration for a given compensation, etc. Maybe this is prevented by some sort of labor regulations?
I don’t quite get it. Are you advancing the thesis that Bannon and Miller are plants of the Silicon Valley billionaire set or something?
"Elon Musk Offers Disgruntled Tesla Employees ‘Free Frozen Yogurt’ To Appease Calls For Unionization"
http://uproxx.com/news/elon-musk-tesla-frozen-yogurt/Replies: @Pericles
In a press release, Musk also promised that Tesla’s next dividend as well as management bonus would consist of frozen yoghurt “in a choice of fantastic flavors”.
what the heck? Sailer mentions propaganda and rich people in the same sentence? He may lose his conservadad status if he keeps this up…
The migrants actually do become at least ten times more productive in America. The loss to the American worker (pay shortage) is trivial compared to the gain in global utility, which is the only perspective that economists (articulating the consensus among rich people and rich organizations) recognize as legitimate.
At least some American businesses are fighting this scourge of wage inflation:
The Great Lakes Paperclip Company
Central bankers do not want wage inflation. Central bankers want the supply of labor to be plentiful in order to keep wages from rising. The Governor of the Bank of England admitted that wages are kept low by the increased supply of labor provided by mass immigration. This stuff ain’t rocket science.
We do not have capitalism in the United States, nor anywhere else on the globe. We have central banker shysterism. The main feature of central banker shysterism is a debt-based fiat currency system.
Central bankers in Sweden, to name a nation in the news, have been playing around with negative interest rates. The privately-controlled Federal Reserve Bank only went so far as a ZERO interest rate policy. Negative interest rates was thought too much for the average American to accept or understand.
The Fed’s ZERO interest rate policy is made possible by the ZEROTH AMENDMENT. Mass immigration reduces wage inflation. The Fed is able to conjure trillions of dollars out of thin air with few worries about those conjured dollars causing wage inflation because mass immigration keeps the supply of labor high and wages low.
“I wouldn’t call pharmacists over educated. They need to know what medicine combos will kill you. Patients will go to different doctors & forget to mention what the other prescribed. They usually go to one pharmacy however.”
It could all be replaced by a smart phone app.
Certainly not of the Silicon Valley set, who are lockstep liberals (in their own interests, of course). And not of Soros or the Kochs. But what’s with the CEO of Exxon in the cabinet? How’s that “populist” or economic nationalist, for that matter?
https://www.forbes.com/sites/timworstall/2012/03/04/the-story-of-henry-fords-5-a-day-wages-its-not-what-you-think/#441e8d2766d2
Interesting to learn of this:Replies: @Forbes
Additionally, the story of Henry Ford’s $5 a day wages was that due to the work being boringly mindless that the turnover was so high, vastly higher wages were necessary to keep workers on the job–otherwise the quality defects were so large as to make the cars unsaleable. Apparently, before raising wages, half the assembly line workers would quit after one day on the job–causing production SNAFUs.
The fiction that Ford paid wages such that the employees could afford the product was an invention after-the-fact, i.e. an effect of the wages paid, not a cause of the pay level.
You’ll notice that the so-called billionaire entrepreneurs aren’t paying the settlement out of their own pocket–it’s coming out of the shareholders’ pockets. Granted, the BEs are shareholders, but by running a public company, they’ve effectively off-loaded these liabilities to be shared with their partner shareholders.
How are you measuring ‘global utility’? In “utils”? Just like in the textbook?
What is prosperity? Prosperity is when employers who want to hire skilled workers at poverty wages, get no takers. This does not mean that there is a shortage of labor. It means that labor is valuable relative to demand, and the economy will adjust to valuable labor the same way that it adjusts to valuable gold and Manhattan real estate. Saying that you want the government to eliminate a labor 'shortage' by importing third-world refugees, is the same as saying that you want the government to eliminate propserity.
It's called the market. Funny how businessmen who have no problem jacking up prices when their product is in short supply, scream that the government must intervene and drive wages down when labor is in relatively short supply. Because the challenge of dealing with market forces is apparently only for little people.
Although for some employers widespread poverty can be very profitable. Perhaps these people should move to Bangladesh, where they can have all the cheap labor their stone hearts desire. Of course places like Bangladesh are miserable and corrupt and unstable, but then, in the long run if you want unlimited dirt-cheap labor it's a package deal.
http://globuspallidusxi.blogspot.com/2014/01/the-lie-of-labor-shortage.htmlReplies: @Harry Baldwin
Excellent comment. (“Agree” button seems not to be working.)
I believe - guessing here - that we didn't change at all. Our ruling class did, becoming an elite that devotedly despises us as they would cockroaches and head lice. One of the most encouraging facets of last November was dying white America turning, finally, on rich people and their rich organizations and spitting in THEIR faces, for once.
The longer this "dying white America" garbage goes on, the more sinister it becomes. Implication is inescapable that one day perception will become project - and that dying will be hurried along by more decisive means.Replies: @Kyle McKenna, @ben tillman
11/22/63?
shhh…you’re tiresome and not at all funny. Shhhhhhh
Taxing the productive to subsidize the unproductive — a/k/a destroying human progress — decreases global utility in the long run.
I noticed, but good of you to bring it up. 🙂 And same happened with Wall St’s settlements w/ gov following mortgage melt-down.