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<blockquote data-quote="PobreCarlos" data-source="post: 624976" data-attributes="member: 16651"><p>JimJimmyJames;</p><p> </p><p>{1) Yes, but that 7.4% represent the "most failed" aspects of our economy. Steel, automotive, etc. And you also realize that the percentage is considerably higher "in the public sector"; i.e. - a burden on the private sector, which creates the wealth the economy spins on.</p><p> </p><p>(2) Put simply, if you can't compete [using "you" generically), then, over the long term, you're going to be kicked to the wayside. The only other option is to depend on people subsidizing you (i.e. - living off "welfare"), which may work for a while, but it won't be THAT long before those who ARE competing will get sick of supporting "you"</p><p> </p><p>There are all sorts of excuses, but, in the end, that's all they are - excuses. They may sound good, and they may even be true to a degree...but they are all irrelevant! The ONLY thing that matters regarding labor is its ability to compete in terms of cost-effectiveness. Just as water seeks its own level, capital will find labor's level.</p><p> </p><p>Dim outlook, perhaps..but true. And it's a truism that American labor once prospered under. And it's a truism that much of American labor - that aspect of it which *IS* willing to compete! - prospers under today. And my contention is that those who prosper under it - who labor competitively - can't afford to keep having a large segment of society that is unwilling to earn their way mooching off of them.</p></blockquote><p></p>
[QUOTE="PobreCarlos, post: 624976, member: 16651"] JimJimmyJames; {1) Yes, but that 7.4% represent the "most failed" aspects of our economy. Steel, automotive, etc. And you also realize that the percentage is considerably higher "in the public sector"; i.e. - a burden on the private sector, which creates the wealth the economy spins on. (2) Put simply, if you can't compete [using "you" generically), then, over the long term, you're going to be kicked to the wayside. The only other option is to depend on people subsidizing you (i.e. - living off "welfare"), which may work for a while, but it won't be THAT long before those who ARE competing will get sick of supporting "you" There are all sorts of excuses, but, in the end, that's all they are - excuses. They may sound good, and they may even be true to a degree...but they are all irrelevant! The ONLY thing that matters regarding labor is its ability to compete in terms of cost-effectiveness. Just as water seeks its own level, capital will find labor's level. Dim outlook, perhaps..but true. And it's a truism that American labor once prospered under. And it's a truism that much of American labor - that aspect of it which *IS* willing to compete! - prospers under today. And my contention is that those who prosper under it - who labor competitively - can't afford to keep having a large segment of society that is unwilling to earn their way mooching off of them. [/QUOTE]
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