Reply #20

In the discussion thread: The problem of unemployment can't be fixed until we are willing to look at the REAL job market [View all]

Response to AnotherMcIntosh (Reply #18)

Sun Sep 9, 2012, 09:36 PM

Cary (4,078 posts)

20. Inevitable.

It is the nature of capitalism. It is actually progress. I'm not sure where it's going to lead but we're going there whether we like it or not.

We are far better off figuring out how we can profit from it and where our real opportunities lie, than how we can keep our finger in the dike. I think we win by having progressive taxation, effective regulation, strong unions, and a commitment to things like infrastructure and education.

As far as I know basic Ricardian international economics are still valid.

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Replies to this discussion thread

20 replies	Author	Time	Post
The problem of unemployment can't be fixed until we are willing to look at the REAL job market [View all]	ck4829	Sep 2012	OP
The unemployment rate among college grads is somewhere around 5%	Cary	Sep 2012	#1
This message was self-deleted by its author	AnotherMcIntosh	Sep 2012	#4
What we need is to get ourselves out of this liquidity trap	Cary	Sep 2012	#11
This message was self-deleted by its author	AnotherMcIntosh	Sep 2012	#13
I hear you but I don't think protectionism is as good as it sounds	Cary	Sep 2012	#16
This message was self-deleted by its author	AnotherMcIntosh	Sep 2012	#18
Inevitable.	Cary	Sep 2012	#20
Excellent analysis	Freddie	Sep 2012	#2
The Employment-Population Ratio is another measure of economic recovery. It was 63.7 (unadj) or	jody	Sep 2012	#3
Usually if there are unfilled jobs that don't require specific experience or education	Nikia	Sep 2012	#5
O is a big factor, especially since so many new jobs are McJobs. Employers assume	gkhouston	Sep 2012	#7
This doesn't help: Republicans Have Blocked The American Jobs Act For One Year	SunsetDreams	Sep 2012	#6
The problem of unemployment can't be fixed until the sea-change	KG	Sep 2012	#8
If fixed costs do not prohibit, production seeks lower labor cost whether textile jobs to overseas	jody	Sep 2012	#9
+1	moondust	Sep 2012	#10
The unemployment problem is much simpler than that,	MadHound	Sep 2012	#12
You're forgetting something,	NashvilleLefty	Sep 2012	#14
"stopped offering training"! Then why is govt wasting billions training the work force for specific	jody	Sep 2012	#15
Maybe the government is doing that because many companies won't do it themselves	jp11	Sep 2012	#17
I'd disagree that the real job market is even this simple to look at	jp11	Sep 2012	#19

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