Comment Re:Mental health workers? (Score 1) 385
"The point is not to give you a job.
I am always amazed that people make this specious association. They think the whole point of all this industry and agriculture etc is so some guy can collect a pay check.
I mean... Really?"
So, what is the point?
If it is "the economy" then:
No, companies are not in business to give you a job. They exist to make money for owners and stockholders.
Jobs come as a side effect of wanting to produce things to sell to support the money making process
But consider, there is a need to sell these items. To make purchases, buyers need money.
Most get their money from jobs.....
Without those jobs, they will buy less/nothing
Fewer jobs means less money to be spent on goods. Lower purchasing, less revenue.
Fewer jobs with more people chasing them means lower wages. Lower wages, less purchasing, less revenue.
Prices are not set according to production costs, but on "what the market will bear".
Lower production costs will only result in lower prices when the demand curve supports the business making more that way.
"Okay, yes you have fewer people but you also lower costs when you do that which allows for more production. Consider the wealth we have today versus 50 years ago, 100 years ago, 150 years ago, 200 years ago... etc. We have more stuff per person then we did before. More people can afford luxuries than before.
So yeah... a given factory is going to need fewer people. But that is going to lower the cost of producing that good which means that you either afford more if it because production will be higher or you'll have extra luxuries on top of that."
Some will have extra luxuries. Those who missed the lottery and don't have an out that gives them an income wont have the luxuries (or the basics, possibly)
"The trend over time is very positive."
For some
"We're going through a rough patch and the people running around saying the sky is falling are acting like fools."
You see people with their livelihood threatened, or people seeing the livelihood of others affected having a reaction to this, and they are fools?
Their reaction may not be entirely effective, but is there an effective way for them to react? Would anger be understandable if they dont see one?
"Yes, some people are going to get fucked. That happens when we go through these phases. Some people are structurally unemployable. In past cycles these people would often starve to death or be driven into crime."
Callous. Would you feel that way if if was you or yours having to go through this?
"So this cycle most of those people are going on welfare for life. Sucks but it beats starving to death."
Then you cannot argue against welfare...