Saturday, February 4, 2012

marievegas65@gmail.com

Excellent post Ron...
I will say that the tech also make so many of our existing work places soon to be extinct...
technology means productivity...the output that workers give in given hour is ever greater with every new technological advance...
Now, last time we set our working day on 8 hours happen in 1938...
It's been 73 years...
We don't even need a chart that will proof how much productivity increase over that period of time...
We need update, so to say...
We need to lower working day on legally 6 hours a day, 30 hours a week...
That will means that employer will have to pay us every day two hour overtime, or will have to hire adequate additional workers...
Linear math tell us that the nation will instantly need 25% increase in our work worce...
Our unemployment is currently 8~9 %...
We are not overwhelmed with "too many workers" we are just so wraped with the notion to accommodate, to stimulate the Corporate business world that undermine our contribution in the creation of wealth and leave us into oblivion...
Someone said economy is not really a Sience...well yeah...the one that trying so hard to undercut, blind us, to constantly search for ways to glorify the system of Capitalism, those school who are nothing but apologetics: "sorry that's the way it is" economics, those school, they are no science...they are woodoo economics...
Real economic has the Wealth of the Nation at heart, wealth of every single participant in it, and that economics have practical solution that will benefit all of us, not just few of us...
That's all for now...keep me informed of your next research & posts...
Marie
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  1. Thank you for the most intelligent and inspiring comment I have received in my erstwhile blogging career. As I see it, we both are concerned with 24 millions of Americans currently unemployed, under-employed or giving up looking for work. Conveniently, these 24 millions could find employment in the course of reducing the work day to 6 hours. Of course, this would require adjustments retraining and relocating workers for starts. Employers must open job opportunities and expand marketing efforts to sell the increased production. This is a good time to increase the use of new technologies such as alternative energy projects.
    We approached the same problem from two different sides. I began with employers appropriating worker productivity increases since the 1970's. This means that wages should be 60 to 70% higher a tidy sum. Labor compensation flat-lined, as the bosses had enormous salary increases, stock market flings, yachts etc. Housing market collapsed, the execs sit on $2 trillions that could have gone to productive investment creating 10 millions jobs to start.
    You opened new lines of thought for me and I hope this effort reciprocates at least in part.
    We could collaborate along these lines if you are willing.
    Being a g-mail zero, I'll have trouble contacting you, but you already have contacted me.

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