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View Diary: Say hello to the Big Bait and Switch (28 comments)

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  •  Unemployment is the golden path to (10+ / 0-)

    driving down wages. So we can be "competitive in the Global Marketplace." Whenever you hear that phrase, whoever says it, has no wish to relieve unemployment.

    Under- and un-employmnet has to be long, wide, and deep for this thing to work.

    When wages are low enough, then finally we can compete with slave labor and its cousin, incredibly cheap labor.

    Get with the program. Most of our political class from both parties and the 3rd, Majority, Mammon Party, already has.

    Markos! Not only are the Gates Not Crashed, they've fallen on us. Actual Representatives are what we urgently need, because we have almost none.

    by Jim P on Sat Jan 19, 2013 at 05:08:09 PM PST

    •  We need to (9+ / 0-)

      lower the retirement age to 60, 55 for the diminished pay-out. Bring Medicare in line with that. This would get the Baby Boom demographic bulge largely out of the job market (nobody's hiring older workers anyway), enabling more younger people to get work. Raise the income cap to $450,000 (which the Republicans consider 'middle class') in order to pay for it.

      We all knew the demographic bulge was going to be a bitch when the time came, that's why Boomers have paid more into the fund since the 1980s. But of course, this would make too much sense to ever sell in D.C.

      •  and then drop medicare eligibility to birth (4+ / 0-)

        which would shore up that program for ever, and save everyone not an insurance company a ton of money.

        •  I'd sure love to see that happen (1+ / 0-)
          Recommended by:
          radical simplicity

          in my lifetime, but I'm not confident it will. The 'repopulation' effort following WWII led to the biggest demographic bulge the world has ever seen, not all of us are dying before retirement (but enough of us are to have shrunk the bulge by a little bit). Starving and/or euthanizing us at this point certainly doesn't seem fair in return for our lifelong contributions to the world/nation. Fair isn't something Americans seem to know much about.

          Universal health care is the LEAST we could do as a supposed world superpower to ensure domestic tranquility and such, but this country doesn't seem to value its citizens as the means and reason for its existence the way others do. It works for the oligarchy, not the people, and that's never going to change until and unless there is an upper limit on the accumulation of wealth and a lower limit on the means of survival.

          Just not as evolved as we like to think we are, I guess.

    •  Manipulating unemployment has been (6+ / 0-)

      ...a feature of capitalism long before globalism.

      Albert Einstein used to bitch about this all the time back in the 1940's:

      Production is carried on for profit, not for use. There is no provision that all those able and willing to work will always be in a position to find employment; an “army of unemployed” almost always exists.

      The worker is constantly in fear of losing his job. Since unemployed and poorly paid workers do not provide a profitable market, the production of consumers’ goods is restricted, and great hardship is the consequence.

      Technological progress frequently results in more unemployment rather than in an easing of the burden of work for all. The profit motive, in conjunction with competition among capitalists, is responsible for an instability in the accumulation and utilization of capital which leads to increasingly severe depressions.

      I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals.

      Denial is a drug.

      by Pluto on Sat Jan 19, 2013 at 08:25:48 PM PST

      [ Parent ]

      •  True, but having what we have now, (4+ / 0-)

        16%+ in U6, plus, what? ten to twenty million just banished from the books for having been unemployed too long or never...

        5 years now, and cure for the situation never even mentioned as something to look for by the Beltway...

        This is a "catch the whole planet in the trap" kind of unemployment and low-wagery. An order of magnitude greater, and more total, than ever seen before.

        Markos! Not only are the Gates Not Crashed, they've fallen on us. Actual Representatives are what we urgently need, because we have almost none.

        by Jim P on Sat Jan 19, 2013 at 09:59:26 PM PST

        [ Parent ]

        •  This is true. (2+ / 0-)
          Recommended by:
          jamess, Jim P

          We are in the midst of a strange and perfect storm -- the end of the industrial age, and the technologically age being the last "age" we are likely to see. Unbelievably grotesque over-population killing the planet because people simply cannot stop breeding. At the same time hovering on the edge of the reality where we don't need all people to work. Only a few. Living a nice life is a human right and will soon have nothing to do with  work at all. Current humans have a hard time coping with these emerging realities.

          Denial is a drug.

          by Pluto on Sun Jan 20, 2013 at 02:20:52 AM PST

          [ Parent ]

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