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Forums - Politics Discussion - The Guardian: 30-year economic betrayal dragging down Generation Y’s income

sc94597 said:
hershel_layton said:

Africa(and Middle East) have extremely corrupt governments. It's going to be hard for them to attempt to develop, have a fair law system, and become a modern country. I'd say it is basically impossible

Never mentioned Africa(and the Middle East) for that reason. They still have decades of stability issues to get resolved first. That is a problem for the 22nd century. But for now Asia and Latin America are stabilizing and developing quite well. 

that is true. I'm glad we have allowed China to take a lot of the jobs Americans don't want to do(factories and such). It's a win win, with us gaining products, while they can have a job with a decent amount of pay. 

 



 

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12/22/2016- Made a bet with Ganoncrotch that the first 6 months of 2017 will be worse than 2016. A poll will be made to determine the winner. Loser has to take a picture of them imitating their profile picture.

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Cobretti2 said:
I must have been one of the lucky ones I guess..

My biggest issue is I have to pay taxes to support able body people who actively chose not to work lol.

People who choose not to work(and are capable of doing so) don't deserve the tax money. I mean, why? We could easily give the tax money to other families who need it.



 

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12/22/2016- Made a bet with Ganoncrotch that the first 6 months of 2017 will be worse than 2016. A poll will be made to determine the winner. Loser has to take a picture of them imitating their profile picture.

hershel_layton said:
sc94597 said:

Never mentioned Africa(and the Middle East) for that reason. They still have decades of stability issues to get resolved first. That is a problem for the 22nd century. But for now Asia and Latin America are stabilizing and developing quite well. 

that is true. I'm glad we have allowed China to take a lot of the jobs Americans don't want to do(factories and such). It's a win win, with us gaining products, while they can have a job with a decent amount of pay. 

 

Once TPP, TIPA and TFA (I think) pass you'll probably have a different viewpoint. The removal of trade tariffs will provide cheaper imports sure but the more homegrown material that is exported for other countries to produce in a cheaper manner = the more homegrown businesses will suffer (and jobs drop)



#1 Amb-ass-ador

ReimTime said:
hershel_layton said:

that is true. I'm glad we have allowed China to take a lot of the jobs Americans don't want to do(factories and such). It's a win win, with us gaining products, while they can have a job with a decent amount of pay. 

 

Once TPP, TIPA and TFA (I think) pass you'll probably have a different viewpoint. The removal of trade tariffs will provide cheaper imports sure but the more homegrown material that is exported for other countries to produce in a cheaper manner = the more homegrown businesses will suffer (and jobs drop)

I'm talking about people who basically admit on news shows that they do not want to work and have no intention of ever finding work lol.

I have no objection to people who try to find work.



 

 

I feel bad for those who have a lot of college student loan debt. I mean $500 - 700 /month is ridiculous. Who could ever afford that in USA when the average American makes about $26,000 a year?



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sc94597 said:

I really don't see the current technology boom as the end of the current labor force. 

You are correct in that.

The thing that will kill the labor force to a degree is minimum wage increases and free trade agreements. Australia as an example, we cannot compete with Asia Many manufacturing companies have packed up or are in the process of packing up because it is not sustainable.

It was actual cheaper for us to send local wood to Africa and get them to manufacture solid wooden doors and send them back than it would be to make locally and sell for the same price.

Car manufaturing, a local car costs way more than say an imported asian car, and we slap on a 30% import tax on cars. How the hell is that even possible even with such a huge import tax on these cars? Guess what the amount of cars they sell due to the high price is low to justify paying wages, therefore they moving overseas and will send up imported cars lol.



 

 

Cobretti2 said:
ReimTime said:

Once TPP, TIPA and TFA (I think) pass you'll probably have a different viewpoint. The removal of trade tariffs will provide cheaper imports sure but the more homegrown material that is exported for other countries to produce in a cheaper manner = the more homegrown businesses will suffer (and jobs drop)

I'm talking about people who basically admit on news shows that they do not want to work and have no intention of ever finding work lol.

I have no objection to people who try to find work.

I think you quoted the wrong guy I don't think those types of people should receive handouts



#1 Amb-ass-ador

"In Australia, millennials are being inched out of the housing market."

Only in Melbourne and Sydney. A house is still achievable if you're willing to compromise. Australian kids these days want a 4bed, 2bath, 2 car garage within 15 minutes drive of Sydney. You won't get that for less than a million.

Get a 3 bed, 1 bath, no car port a good 1/2 hour out of Brisbane, Adelaide or Darwin and you could just about afford it on minimum wage. Then your foot's in the door. Work hard and use the equity you've built up to move up the property ladder.

It just takes discipline and determination.



ReimTime said:
WolfpackN64 said:
The whole "generations" thing is BS anyway. What do you expect in a capitalist society? It's like Windows, everything seems to run just fin untill you get BSOD' or get a fatal series of system crashes. And it will happen again and again and again...

Well yes and no. I'd argue that here in Canada our biggest concern as Gen Y is to pay the health care bills for the enormous aging/tax-paying population. We do get quite a few young immigrants to the country so I suppose they could be a pool of tax money for health care (our Universal health care that is).

I'm not sure how an increasingly socialist model could reverse that trend

You can't reverse it. That's what you get with an aging population, unless you slash the pensions to the point people can't live from them anymore. People will have to face that we will have to redistribute wealth in some way to counterbalance this trend.



The pensions are only a problem because social security is a piramide scheme and not an account system where simply you pay in.

All the swindled money of the soon to be retired citizens has been pocketed by the Oligarchy. That's why they need an ever expanding field of taxslaves.



In the wilderness we go alone with our new knowledge and strength.