85,000 jobs lost so far this year?
The Department of Labor reports that US employers have cut 85,000 jobs so far this year... How can the federal government reverse this? (I am not asking who is to blame, I want to know about SOLUTIONS!!!) Mr. Peanut... Yeah... but I don't think making bicycle repair guys government employees is going to help much!
Public Comments
- Invest in new technology/industries. "green collar" jobs are one example.
- Nothing can continually go up or down. If it continually goes up inflation sets in and if it continually goes down recession sets in. It has done this every 10 years or so and will continue. You just have to be prepared for hard times as well as good times. Young people will learn from this. I did.
- What is being kicked around on the Dem side is what they call subsidized "green collar jobs" that will stem from investment in alternative energy etc. The details are still pretty fuzzy, but at least there is talk. On the Rep side they could raise the enlistment age to say 50....I kid, I kid.
- There are two different economic tactics that have been historically used to control the negative impact of international trade: Isolationism-whereby a country seals its borders and isolates itself from the world , relying only on its own natural resources and internal trade. And Protectionism-whereby a country's government closely monitors imports and exports and uses tariffs/import taxes to adjust the prices of imports so that they cannot be sold cheaper than domestic goods (also provides tax revenues). We (the U.S.) are involved in trade agreements (through the WTO & other orgs) that don't allow us to place tariffs on imports, thus providing the incentive to off-shore production. My personal opinion is that we are going to have to eventually renegotiate some of these treaties to reel our manufacturing base back into the continental U.S. to some extent at least. The alternative may be our sovereignty and strength as a nation. The problem is that when anyone mentions restrictions on free trade, the free trade people start screaming that we are trying to become isolationist rather than protectionist. AND...it scares everyone because "isolationist" nations have historically fallen or been invaded and conquered due to lack of innovation in weapons or technology.
- The fastest and easiest way to stop the job loss it to repeal the NAFTA Act with Mexico. You cannot have free trade with a country that is corrupt and has such a low standard of living. It will not bring their country up, it just brings ours down.
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