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HughBeaumont

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Member since: Fri Aug 13, 2004, 03:12 PM
Number of posts: 23,399

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U.S. workers face higher risk of being replaced by robots. Here's why:

Still don't see any positives for our economy as long as the lords that oversee Re-Branded Feudalism are in charge of how the wealth is distributed.

The U.S. and U.K. labor markets are both dominated by services jobs, and roughly the same share of workers are employed in key sectors including finance, transportation, education, manufacturing and food services.

But PwC found major differences in the nature of the work done within these sectors that explains why more U.S. jobs are at risk.

Take financial services as an example. In the U.S., 61% of jobs in the sector are at a high risk of being replaced by robots. The same is true for only 32% of finance jobs in the U.K.

John Hawksworth, PwC's chief economist in the U.K., said that many workers in the U.S. financial sector are focused on domestic retail operations -- think bank tellers in small towns.

The U.K.'s finance sector, meanwhile, is much more focused on international finance and investment banking -- functions that require significantly higher levels of education and expertise.

Workers at risk in the U.S. "would be doing more routine tasks that are easier to automate than that of, say, an investment banker in London," Hawksworth said.

The "Greatest Generation" are in nursing homes.

The older "Baby Boomers" fall in a few financial categories; Retirement, but not a comfortable one, Near Retirement, but having to take care of their "Greatest" parents due to benefit cutting, or Unable to Retire due to their own ongoing medical expenses/kid's student loans/investments not panning out/general financial difficulties.

Generation X and the younger Boomers are in their earning years, but are now both wide targets for ageism-driven firing or automation (which, unlike the industrial revolution, takes labor OUT of the equation entirely). And good luck trying to get a job after 40. Or starting your own business when your competition is Amazon or WalMart and your potential customer base lacks discretionary income. Their spending is going to be halted at the slightest hint of corporate "rightsizing" or political tumult . . . say, for example, a cadre of labor-hating, tax-cuttin', social safety net-gutting billionaires taking over Washington D.C.

Millennials cannot buy big ticket items like homes, cars, appliances, etc. because they're already financing 1/2 to 3/4 of a mortgage for the crime of wanting to develop a skillset or an education beyond High School. IF they get hired in this shoddy job market, their pay is not even near what it needs to be in order to successfully pay their debts down and purchase products or services, let alone homes and cars.

For all of these groups, any social safety net that can assist them promises to SHRINK, not expand like it desperately needs to.

With each generation, how does retirement happen? How does the next generation get any sort of fiscal start?

Someone PLEASE tell me how this is a healthy and sound long-term plan for America's economy.

Cleveland PD: Black men seen as larger, more threatening than white men.

The Cleveland PD actually printed this article. This isn't just a dog whistle, it's a dog alphorn -


Citing the shootings of Cleveland's Tamir Rice, Florida's Trayvon Martin, and Wisconsin's Dontre Hamilton, the study released Monday by the American Psychological Association found misperceptions of young black men's size may play a role in their being viewed as threats.

Cleveland police shot and killed Rice in November 2014 as he played with a toy gun outside Cudell Recreation Center. The head of Cleveland's police union later described Rice as "menacing" and "a 12-year-old in an adult body."

Authors of the study said that perception fits with their findings.

"Unarmed black men are disproportionately more likely to be shot and killed by police, and often these killings are accompanied by explanations that cite the physical size of the person shot," said a statement from the study's lead author, John Paul Wilson of Montclair State University in New Jersey. "Our research suggests that these descriptions may reflect stereotypes of black males that do not seem to comport with reality."

Two questions:

1. Is absolute black and white thinking politically advantageous over a fragmented "big tent"?

2. Are constant reminders/articles directed at people who are completely on your side that they're "not doing enough" and treating them as arms-length allies an effective strategy in unity?

One statement:

1. Psssssssssst . . . "Lockstep" is still winning elections.
Posted by HughBeaumont | Thu Mar 9, 2017, 10:29 AM (0 replies)

Rust Belt Voters Made Trump President. Now they Want Jobs.

Stories that Make Me Want a Meat Thermometer Lobotomy Dept:

West grew up in a blue collar family in Lapeer, Michigan, a city about an hour from the U.S.-Canadian border. She admits she "got in the wrong crowd" in high school and never finished. She didn't worry about it at first. She just walked into a temp agency and landed a manufacturing job.

She worked at a GM parts plant and then on the assembly line of Lesley Elizabeth, a company that makes cooking oils and spices. She figured manufacturing would be her life.

But those jobs paid minimum wage -- barely above $8 an hour in her state.

"I was only bringing home $960 a month," the soft-spoken mom, now 28 and the mother of three young boys, told CNNMoney. "Daycare alone was almost $400 to enroll my kids in."

About a year ago, she moved back in with her mother and went back to school to get her GED through a state program. Her family also receives Medicaid to cover health care. She hopes to retrain to be a nurse.

West and her mother are Trump supporters. They see him as an "action president." They especially like what he's doing on trade and immigration.

"I'm not racist at all, but I do believe in building a border to protect our country," West says, referring to Trump's promise to construct a wall along the U.S.-Mexican border. "We can't even take care of our own people right now."


Ballsacks. It's CRINGE-inducing to listen to these people. Let's elect a billionaire to solve problems created by millionaires and billionaires by employing solutions that dropped the middle/working/poor into the worst financial crisis since the Great Depression. Great job, media. Keep the hate narratives flowing and cry "Not Guilty!" as we get divided further.

I fully expect Putingate 2016 . . . .

. . . to have as many Republicans in prison, resigned, investigated or leading less comfy lives as Iran-Contra, the S & L Crisis, the 2000 Election shenanigans, the WoT war crimes and the Great Recession did.

#IOKIYAR
Posted by HughBeaumont | Thu Mar 2, 2017, 12:48 PM (5 replies)

In Once Thriving Jefferson County, Voters Look to Donald Trump For Economic Turnaround: Ohio Matters

. . . . . what do I DO with this?



And before anyone chimes in with "Learn from it", learn WHAT???

That people are STILL getting away with blaming Democrats for Conservative capitalist businessmen failing them?

That I should try and "understand" people who have abandoned reason?

That cutting public education leads to faith-based decision making such as this?

Or perhaps understand why we're not touching the biggest neon elephant in the room . . . why everyone is so ashen-skin petrified of addressing the failures and distribution problems of Re-branded Feudalism in fear of undeserved venom.

"How . . . DARE you criticize Capitalism!!!! Everyone KNOWS it's either this or Totalitarian Warsaw Pact Police States and why do you HATE America, Reagan and Lady Liberty???"


How do we continually lose to people . . .

who are

* morally in the Bronze Age
* economically in the Gilded Age
* culturally in the Antebellum South

and

* technologically in the mid-1990s???

Does this idiot realize that, as far as Congress goes, Democrats haven't been in charge since 2011?

What in THE hell is he talking about - "Democrats have screwed things up royally"??

WHERE??

The center-left President who tried to work with the batshit Republican Insanos in Congress yet got obstructed every time?

The Conservative majority Supreme Court until Scalia's death?

The Senate under Republican control since 2015?

The majority of state governorships and state legislatures under Republican control?

Corporate America? Religion? The Media?

WHERE ARE THESE DEMOCRATS, ASSHOLE?

Lock. Him. UP.

"Now where do I find the pencils?"

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