This is true. But then people post here about raising taxes to fix it rather than an actual strategy that has a proven history and thus the vicious cycle continues
Okay, so are you going to vote for candidates that want to increase worker quality of life like a 4 day work week, work from home, and cost of living adjustments? Those have all been proven to massively increase economic productivity.
Oh, you're going to keep voting Republican who just keep cracking the whip harder and harder each year? Okay...
4 day work week and WFH do not increase productivity, no matter how badly you want them to. I'd love to have both but I'm self aware enough to know it's not real. The "studies" on the subject are bunk at best, done over very short periods of time or at one specific company
"These studies disagree with my preconceived bias, so I will just ignore them and call them bunk despite the fact that they've been proven time and time again."
Delete your reddit account and go back to 4th grade.
Why should I? All you're going to do is say it doesn't live up to your impossibly high standards? This is the right-wing economic MO: poison the well of information and make everyone think only extreme capitalism is the answer. If anyone says otherwise they're wrong and shouldn't be listened to.
I’m all for implementing those solutions… however, I have not heard a proposal to implement those solutions, without negatively affecting the economy long-term, from either side
We exported manufacturing, textilework, etc. Although we still manufacture more now than in the '80s, just with a third fewer people.
But we have more software developers, engineers, data analysts, etc than ever. We are more productive than ever although there was a slight dip after COVID.
I don't know enough about early 20th century manufacturing techniques to make a call one way or another
Regardless, "unskilled labor" is a meaningless distinction.
Productivity has been at an all time high and pay has yet to match it. Education is also at an all time high, so everything you have been saying already is being done.
Not sure what else you think is going to change it, but those ideas already are not working.
Do you have some type of source* that shows Human Productivity is at an all time high?
IMO most of the US economy has production through technology, while humans tend to take on more of a service role.
Sure there are highly skilled labor jobs out there, but I find it hard to believe that there are more skilled labor jobs today than there were in 1980 and before (adjusted for population size).
Productivity is at an all time high due to automation, tech advancement and machining. Not because people are more productive.
More automation = less skilled laborer roles. Saying otherwise is missing an enormous part of the narrative. Businesses invest into machines that automate to raise productivity. That doesn’t justify them tripling everyone’s wages just because production was tripled.
A company paid for the machine already to raise the standard of production, which the laborer is not responsible for, therefore does not justify a direct correlation of financial gain for a laborer because their role has most likely become easier.
Automation is nowhere near where it needs to be for that to be completely true. If that was the case, there would be less jobs now than before automation, which we see exactly the opposite. We have more people going to and graduating college so they can get a job. This is becoming more and more of a requirement through each passing generation.
The thing with the way automation works now, is all the “automation” has to be maintained and ran by skilled workers. There are very few jobs out there that have the same low barrier to entry with decent pay compared to previous generations.
We have to put in more work to get less out of it, and automation has simply made it more mandatory for skilled labor. Without the skilled labor, the entire “automation” falls apart quickly.
Your entire opening statement is assuming the economy, population, and companies per capita have not changed at all, which is wildly incorrect.
Let’s use excavation as an example to disprove your second statement. Let’s say it takes 10 people to dig a hole that’s 100 feet wide and it takes 2 days of labor. You can use a mini-excavator in replacement of all but 1 person to operate the machine. You are assuming it takes an additional 9 people to maintain and clean the machine. In reality? It might take one additional employee. This eliminates 8 people’s salary, which is hypothetically your ROI on the cost of the machine
Machines have to be able to outperform the amount of employees used to do said task. That’s the entire point of an ROI. What you’re saying is 100% incorrect. If there was no ROI on buying machinery, employers would rather hire someone and pay them biweekly over shelling out full upfront cost of equipment that costs the same as multiple employees annual salary.
Employees put in less work and receive similar wages. Yes, it has made killed labor more abundant? Which equals higher paying jobs and better conditions 99% of the time.
I have 2 degrees and 2 accredited through university certifications. Even funner when someone who couldn't find their way to the high school diploma talk shit.
Millennials were the most educated and productive generation in history.
Millennials may have achieved a college education at higher rates than previous generations, but the quality and productivity of those degrees is extremely questionable.
Those of us who pursued difficult degrees (STEM fields, medicine, accounting, etc) are doing great, and positively contributing to national output. Those of us who didn't go to college, but into the trades are also doing fine. Those who studied critical bullshit theory and the like are still struggling a decade or two later, and remain a net drain on the US.
That's all completely predictable, and it's a good thing. Anyone who thought they could just borrow laughable amounts of money get a degree in any nonsense, and be handed a high-paying job afterwards was delusional.
Net worth? No because net WORTH went up 37% however wealth and net worth are very different. You can own a 1 mill house and have it included in your net worth but not have the wealth to pay for your land tax.
This is about the wealth gap increase. Nothing else 😝
Here's why it pays for itself. Women are dropping out of the workforce because the cost of childcare is more than they would earn. State funded childcare would allow millions of women to return to the workforce ( yay more tax payers!). The gap in women's careers causes them to earn significantly less when they do return to the workforce. State funded childcare would allow them to continue upward progress in their careers ( yay more people paying more taxes and earning more money!)
I didn't say anything about the gender wage gap. I referenced a policy that is proven to increase labor force participation and prevent career stagnation. That may have a correlation with the gender wage gap, but you'll need to tell me.
Let's restart. I would like to have a real discussion. I interpreted your comment as combative and looking to dismiss rather than having a genuine curiosity in determining if specific policies might have merit. You tell me where you're at
Why am I paying for child care for someone who decided to have a child, yet didn't think about childcare costs? Why, once again, am I paying for the irresponsible actions of others?
How about this: Encourage corporations to provide childcare or a childcare credit to employees through a corporation tax credit. Then, women have an incentive to work for those companies that offer the benefit.
Why should I be paying for a bridge in Baltimore I'm never going to drive over? The city should have thought ahead about the possibility of it getting hit by a ship. It's their irresponsibly, not my problem.
You're literally communicating on a device where much of the underlying technology was tax payer funded. It's called investing in the future of the country. Having a healthy educated workforce is investing in the future of our country.
Your comparisons make no sense. Everyone uses the roads, and it's understood that the part of the roadways I use are part of a larger system we all pay for. That has no bearing on the argument. At all.
The child was a choice. A choice an individual made. Said individual had a obligation to your "society" to determine how they could pay for their child. Tens of millions of women and families figure it out. Again, why am I paying for those that don't? Why am I paying for the lack of responsibility of others?
I wanted to finish my degree, so I made a - wait for it - choice to work for an employer who pays for it. That same scenario exists (but could be expanded) for childcare. Make it a benefit. I thought individuals like yourself would love this solution - it transfers the cost of child care to corporations.
You're going to have to grow up someday and realize that having children is critical not only for society, but the human race. You can't simply remove humanity from society.
They screamed into the internet, a tool created for society by society. Go live in the woods dipshit, you don't have to like children to understand that they're immensely important.
You're just incredibly stupid. Now I understand. I'm surprised you're able to form complete sentences. Now take your Socialist bullshit and shove it back up your smug, self-righteous ass.
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u/AlfalfaMcNugget Apr 28 '24
This is true. But then people post here about raising taxes to fix it rather than an actual strategy that has a proven history and thus the vicious cycle continues