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- Path: sparky!uunet!caen!uflorida!reef.cis.ufl.edu!jfh
- From: jfh@reef.cis.ufl.edu (James F. Hranicky)
- Newsgroups: sci.econ
- Subject: Re: jobs, again
- Message-ID: <37651@uflorida.cis.ufl.edu>
- Date: 18 Nov 92 01:54:04 GMT
- References: <BxIDKt.Isy@apollo.hp.com> <1689D8423.M23231@mwvm.mitre.org>
- Sender: news@uflorida.cis.ufl.edu
- Organization: Univ. of Florida CIS Dept.
- Lines: 63
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-
- Newsgroups: sci.econ
- Subject: Re: jobs, again
- Summary:
- Expires:
- References: <BxIDKt.Isy@apollo.hp.com> <1689D8423.M23231@mwvm.mitre.org>
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- Organization: Univ. of Florida CIS Dept.
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- In article <1689D8423.M23231@mwvm.mitre.org> M23231@mwvm.mitre.org writes:
- >In article <BxIDKt.Isy@apollo.hp.com>
- >nelson_p@apollo.hp.com (Peter Nelson) writes:
-
- >> I have repeatedly asked various people who think I'm
- >> being too pessimistic to name the areas or industries
- >> where they anticipate growth in good-quality jobs.
- >> What would you advise a college freshman to major in
- >> today? What would you advise a laid-off autoworker
- >> to seek training in?
- >>
- >> Invariably, answer came there none.
-
- >I would agree 100%. I recommend re-reading E. F. Schumacher's 1973 classic,
- >"Small is Beautiful" to see how thoroughly ignored he has been and how our
- >failure to see the error of our economic policy has brought us to the state
- >we now are witnessing. In my opinion, unless we reverse course our people are
- >doomed to downward mobility (rapid) as corporations seek the cheapest labor
- >on the globe for all tasks they can't figure out how to automate. What I wonder
- >is when all the masses have been reduced to poverty, who will buy the productio
- >n output generated by the giant multinational corporations? How will US real es
- >tate hold its value when laid off workers have to default on their mortgages an
- >d can't pay the high rents now so prevalent? ...and so forth. Any ideas?
- >
-
- Corporations are leaving because of high taxes and regulations here in
- the US. If someone in Washington would wake up (HA) and see this, they perhaps
- could reverse the trend. Once again, capitalism gets the blame for stupid,
- bad governmental policies which lead to instability in the market.
-
- On the subject of where someone should find a job, consider this:
-
- If the economy were allowed to flourish without the government pulling
- massive amounts of capital from it, or passing stupid laws like the minimum
- wage law, or giving unions the power to push up nominal wage rates,
- there would be plenty of jobs for those who needed them. Also, where
- did all the workers displaced from the horse-and-buggy industries find
- more jobs? The jobs would be out there is we had a free market.
-
- Personally, I would advise college freshman to major in some computer
- related field (like me.)
-
- Jim Hranicky (jfh@reef.cis.ufl.edu)
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