Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
Joe BidenCongratulations to our presumptive Democratic nominee, Joe Biden!
 

TheRealNorth

(9,500 posts)
Thu Dec 5, 2019, 04:44 PM Dec 2019

I just saw an article on Klobuchar's worker retraining proposal

Amy Klobuchar is saying she wants to give tax cuts to help workers that lose their job through automation.

How are tax credits going to help someone that lost their job and is either making no income or is making so little that they probably are not paying much in income tax. There was not a lot of detail in the reporting.

If the tax credits instead go to a company willing to emply/retrain the employee, I can't help but see this as another give away to corporations where we will soon be bankrolling all their worker training programs.

If I were to vote in a presidential
primary today, I would vote for:
Undecided
9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
I just saw an article on Klobuchar's worker retraining proposal (Original Post) TheRealNorth Dec 2019 OP
Great question. marble falls Dec 2019 #1
Tax credits are not the same as tax deductions. pnwmom Dec 2019 #2
The winner. Tax credits are much better than deductions. Hoyt Dec 2019 #6
How about posting the article so we can read & judge for ourselves? scarletwoman Dec 2019 #3
Good point. Newest Reality Dec 2019 #4
I'm not impressed with the "retraining" rhetoric or strategies loyalsister Dec 2019 #7
I am with you on that! Newest Reality Dec 2019 #9
No, No and No...she is from the Mid West and should know better...retraining is a dirty word... Demsrule86 Dec 2019 #5
I will go with Andrew Yang's information on job retraining programs and his look into the future of Sherman A1 Dec 2019 #8
 

pnwmom

(108,997 posts)
2. Tax credits are not the same as tax deductions.
Thu Dec 5, 2019, 04:52 PM
Dec 2019

Even unemployment payments are taxable income, and many people have earned money before the lost their jobs. A tax credit could give this worker a full tax refund in that amount -- not just a deduction based on income level.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

Hoyt

(54,770 posts)
6. The winner. Tax credits are much better than deductions.
Thu Dec 5, 2019, 04:59 PM
Dec 2019
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

scarletwoman

(31,893 posts)
3. How about posting the article so we can read & judge for ourselves?
Thu Dec 5, 2019, 04:54 PM
Dec 2019

I'd be interested in what it says.

If I were to vote in a presidential
primary today, I would vote for:
Undecided
 

Newest Reality

(12,712 posts)
4. Good point.
Thu Dec 5, 2019, 04:57 PM
Dec 2019

You know, I think we need some really up-to-date thinking and investigation into the problem of AI and automation, especially since it is rather novel and not very mainstream YET, (oh it will be in a MAJOR way soon).

Generally, corporations are going to use AI and automation to their advantage for jobs that it can do well, (and will be able to increasingly do as this proceeds) Yes, they will cut production time and costs and increase efficiency, but they will also decrease the number of humans required and also be able to use automation as leverage to continue to fight for lower wages, less or no benefits, etc.

I have not seen enough about what new jobs or types of work will really come to fill the void and I am not impressed by attempts to sell the Fourth Industrial Revolution as a new kind of jobs creator to any degree that will assure work/income for growing numbers of people unto potentially critical proportions. This is not like previous revolutions of this kind. There are many details and nuances here, but that's the general picture and how and what people can do better so far is also a factor.

I am not necessarily a Yang supporter, but he does get this. I wish all of our candidates were getting a finger pointing at a looming crises that is not going to be as slow and gradual as some might think. It will get a gradual start and then accelerate rapidly even unto exponential increases.

So, training of some sorts may be a stopgap measure, but only for SOME kinds of people/workers and certainly not to the degree that will offset the losses to come in wages and available employment.

If I were to vote in a presidential
primary today, I would vote for:
Undecided
 

loyalsister

(13,390 posts)
7. I'm not impressed with the "retraining" rhetoric or strategies
Thu Dec 5, 2019, 05:04 PM
Dec 2019

I do appreciate Yang's willingness to talk about it honestly and I wish other candidates would too. It's not like we haven't known this is coming for like decades. I say to hell with the protestant work ethic narrative.

If I were to vote in a presidential
primary today, I would vote for:
Undecided
 

Newest Reality

(12,712 posts)
9. I am with you on that!
Thu Dec 5, 2019, 05:21 PM
Dec 2019

You said it!

If I were to vote in a presidential
primary today, I would vote for:
Undecided
 

Demsrule86

(68,696 posts)
5. No, No and No...she is from the Mid West and should know better...retraining is a dirty word...
Thu Dec 5, 2019, 04:58 PM
Dec 2019

Retrain for what exactly...please please stop Sen. KLobachar.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

Sherman A1

(38,958 posts)
8. I will go with Andrew Yang's information on job retraining programs and his look into the future of
Thu Dec 5, 2019, 05:07 PM
Dec 2019

the workplace

?t=114
If I were to vote in a presidential
primary today, I would vote for:
Undecided
Latest Discussions»Retired Forums»Democratic Primaries»I just saw an article on ...