Labor is flexing their muscle. Maybe we can offer them “Work From Home”?
I’m pretty sure you could operate that crane that picks up the container from the ship and deposits it on the tractor-trailer with a joystick from home.
intercst
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My initial reaction was to laugh… then you mentioned the remote joystick and I thought… “It could work”.
Rob
He is no fool who gives what he cannot keep to gain what he cannot lose.
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If they can make it work by joystick from home, they can make it work like a Roomba and fire the worker altogether.
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China is on it?
ralph
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Why would a country with a population of over a billion people be looking for ways to eliminate jobs?
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- So they can “compete.”
- Starve them out, because ya know, the world doesn’t owe you a living, or a way to make a living.
- Force them to join the military because it’s the only job they’ll qualify for. China might, ya know, want to rule the world some day or something. They’ll need more people than everybody else. Or maybe they’ll just want that demographic under close control? So they’ll have enough soldiers to keep everybody else under close control
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And that “home” could as easily be in Bangladesh, as anywhere in the US, but the human component would work for a lot less.
Steve
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Why would a country with an aging population and little to none immigration be looking for ways to eliminate jobs!!
Andy
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See “60 Minutes”, August 15, 2021, they did a story on this and it was not flattering to TuSimple.
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https://www.reuters.com/world/china/chinas-population-shrinks-first-time-since-1961-2023-01-17/
https://www.msn.com/en-us/news/world/china-population-demographer-says-lack-of-firstborn-children-not-second-or-third-is-most-pressing-issue/ar-AA1bYn1W
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Ralph,
That saves more than a lot of money. It would partially end a lot of corruption.
Zeihan:
The part of it his statement that China is the largest importer of food and energy is the real problem for China. The problem is the debt levels. The Chinese in the shell game of capitalism really do not have the resources to go decade for decade anywhere.
Totally agree with his historical means. Been thinking that way as well.
The ME in particular the Saudis are wasting their monies in things like Live golf. As our deflationary policies in energy take hold the ME will also go backwards into a major decline.
The populations have to decline globally. We can not and should not support the elites in other nations with totally ignorant domestic agendas by taking in their excess populations. Give equality give birth control and $crew all to your other ideas. You do not count with those other ideas at all to anyone else big guys. Sarcasm.
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Leap1
I think you are as nuts as I am, and sometimes I get cross with you, but I do mostly agree with you to the extent I can understand you.
- Please post or link to a cogent ( 200 words or less) explanation of (more or less) what YOU mean programatically (e.g. fiscal allocations, structure of regulations, monetary policies) by Demand and Supply side economics. Enquring open minds (or at least my mind) want to know.
david fb
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History repeats itself! Teamsters (stevedores?) shut down the NCY harbours when our immigrant ship arrived from Marseilles, France in September 1946.
The Captain
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Wrong coast. You have to go about 2800 miles west.
Andy
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fb,
We actually have counter cyclical economics during the end of supply side econ 2000 into 2020 and now the major overlay is demand side economics in the US which may last as long as 40 years as much of the EU saw.
Demand side economics is the building of the middle class wealth. It encompasses lower relative taxes on the middle class. Help getting the lower middle class either much better pay or benefits in a socialist manner that is universal.
The wealthy are taxed more but their investments are better off.
Counter cyclical economics means the taxes on the wealthy really rise 20 years out. This is in comparison to the 1950’s tax rates on capital gains and the highest income brackets. Which released inflation by 1965 because of political forces to reduce taxes. High taxes cut off inflationary pressures.
The main thing is to deliver infrastructure for industry. The overlay there is new industries primarily green energy projects. Along with strategic initiatives to make economies of scale such as the grid or universal care more cost effective. We are talking in relative terms not nominal terms strong deflationary pressures out of the US and Mexico for the next 40 years.
Monetary policy is always in consideration of fiscal policy. Monetary policy becomes secondary to fiscal policy during this part of the cycle. Monetary policy will have stabler rates longer term because tax policy compared to 1949 to 1981 wont be reactionary.
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Leap
thank you, as i think this will be useful to all for future discussions.
david fb
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Are you sure? Did you look it up? Did you fact check it?
The Captain
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How did you ever sail a boat or even find New York? LoL Tell me CCS is the world still flat?
Andy