Thread: The Real Causes of Income Inequality

Originally Posted by michael h

In the end its all funded at the taxpayer level ... nothing is unfunded ... its merely a shifty accounting move, and the pocket of the taxpayer is a little lighter.

Anything that causes a deficit is unfunded otherwise it would not create a deficit.

Unfunded the way 9aces is referring to the Federal Passing a law and then the State has to figure out how to pay for it because the federal is not going to send them any money.

Originally Posted by Wlessard

Anything that causes a deficit is unfunded otherwise it would not create a deficit.

Unfunded the way 9aces is referring to the Federal Passing a law and then the State has to figure out how to pay for it because the federal is not going to send them any money.

Debt is a responsibility placed upon American citizens ... government doesn't pay shit, state or federal. Citizens pay and citizens incur the debt.

Originally Posted by michael h

Is a country a collective of its citizens ... or is it a government of foreign fast track employees to replace its citizens, to create a utopian economy through the visions of a profiteer?

I hope you don't mind if I call you Mike. I have a son named Michael. To answer your question, " our country is made up of citizens of all stripes and colors. The government does not work to fast track employees to replace its citizens, that is baloney, and I believe that underneath all that huff and puff you know that. What is in the works is a process by which employers try to find the most qualified employee for the least amount of wage possible. In other words they are doing their job as a business, to maximize profits and wealth for stock holders. It behooves all US citizens (including those more recent migrants as every one besides Native Americans are migrants) to maintain a good record of production based on training and making a profit for the business by which one is employed. Throwing out sound bytes does not solve your problem. Whining about how much a victim you are does not solve your problems. You are the only one who can solve your problems and as long as you wait for either the government or the business world to solve your problems you will fail.

In fact my son named Mike was laid off by Van Heusen which moved all of its operations over seas. He worked for Russell for a while until they laid him off. By then the hand writing was on the wall, no clothing manufacturer was going to stay around long enough for him to make a career in pattern making so he started his own business satisfying the needs of many small companies here in the US, later got orders for patterns from his old employers, and now even gets orders from foreign companies to make patterns which are used overseas to fabricate clothing. He couldn't get a job in his field, so he created a job with his personal computer, a used CAD 5 program and a couple of old sewing machines he bought off of Ebay.

Originally Posted by dnsmith

I hope you don't mind if I call you Mike. I have a son named Michael. To answer your question, " our country is made up of citizens of all stripes and colors. The government does not work to fast track employees to replace its citizens, that is baloney, and I believe that underneath all that huff and puff you know that. What is in the works is a process by which employers try to find the most qualified employee for the least amount of wage possible. In other words they are doing their job as a business, to maximize profits and wealth for stock holders. It behooves all US citizens (including those more recent migrants as every one besides Native Americans are migrants) to maintain a good record of production based on training and making a profit for the business by which one is employed. Throwing out sound bytes does not solve your problem. Whining about how much a victim you are does not solve your problems. You are the only one who can solve your problems and as long as you wait for either the government or the business world to solve your problems you will fail.

In fact my son named Mike was laid off by Van Heusen which moved all of its operations over seas. He worked for Russell for a while until they laid him off. By then the hand writing was on the wall, no clothing manufacturer was going to stay around long enough for him to make a career in pattern making so he started his own business satisfying the needs of many small companies here in the US, later got orders for patterns from his old employers, and now even gets orders from foreign companies to make patterns which are used overseas to fabricate clothing. He couldn't get a job in his field, so he created a job with his personal computer, a used CAD 5 program and a couple of old sewing machines he bought off of Ebay.

Based upon this rational you would have no problem with unions, socialists, or communists acting in their own self interest to remove a government that manipulates compensation.

Mike is fine David, I also have a son named Michael. Immigration, H1b, poor trade agreements, and illegal immigration all have found support from 2 parties. All result in a wage relationship that is diminished on the side of labor, thats not hooey, that is a fact.

Greenspan proposed a wide open border to skilled H1b's ... not to find a source of talent we were missing ... but to drive wages down "“If we open up our borders … we could suppress wages of middle class jobs” – Alan Greenspan ".

This is the mindset which drove the economy and its direction for two decades and I'm really shocked after having to deal with the union mindset ... that I have to deal with it's inverse.

My utopian economy would employ the most citizens possible ... and compensation would find its way through a free market, not the manipulations of unions and owners.

Originally Posted by michael h

Based upon this rational you would have no problem with unions, socialists, or communists acting in their own self interest to remove a government that manipulates compensation.

Of course not. Exactly like the Russians, the East Germans and the Polish et al did.

Mike is fine David, I also have a son named Michael. Immigration, H1b, poor trade agreements, and illegal immigration all have found support from 2 parties. All result in a wage relationship that is diminished on the side of labor, thats not hooey, that is a fact.

There are not enough H1bs coming in to offset a labor force of 90 to 100 million as new H1bs are arould 800K or less.

Greenspan proposed a wide open border to skilled H1b's ... not to find a source of talent we were missing ... but to drive wages down "“If we open up our borders … we could suppress wages of middle class jobs” – Alan Greenspan ".

I was not a follower of Greenspan and I don't believe what he suggested could ever take place in this country.

This is the mindset which drove the economy and its direction for two decades and I'm really shocked after having to deal with the union mindset ... that I have to deal with it's inverse.

Wow, then 90% of all the H1bs must live in your home town.

My utopian economy would employ the most citizens possible ... and compensation would find its way through a free market, not the manipulations of unions and owners.

In fact that has begun to happen as unions have become an after thought in most of the US economy. (only 12% of the labor force)

I don't agree that government or big business is manipulating compensation any more than it always has, hiring the most competent for the least wage possible; as it has been since the US was settled.

Originally Posted by dnsmith

Several of the best medical schools in the world are in India, one being The Medical School of Lucknow.

Of course they are, that's why all the super humans are coming here.
I hope the physicians in your region can speak English and know which medications don't mix well.

Originally Posted by Wlessard

Thee point you miss as usual.

The "fast track" is required even if they have done their residency and they have to do a residency in the US before being full physicians. Yes when they are residents they are doctors but supervised.

The fast track is nothing more in concept than what I did in college when I got tested through a class such as math and not have to sit through the classes.

Again it still does not change the rules on Residency.

And everyone who invested in worthless derivatives didn't change the rules either.
They just didn't follow the rules.
You're not a physician.
A mis-configured network won't kill an 80 year old, an unskilled, under-trained physician will.
Damn! If our personal neurologist didn't catch a few bad medicinal combinations as the months went by I could have been rich.

Originally Posted by michael h

Based upon this rational you would have no problem with unions, socialists, or communists acting in their own self interest to remove a government that manipulates compensation.

That is not the impression I got from his reply.

“If we open up our borders … we could suppress wages of middle class jobs” – Alan Greenspan ".

Could you provide a link to the speech where this alleged quote of Greenspan can be found. A google search gives your posts, since it is one of your sigs, but does not provide a link to Greenspan's speech where it occured. I would like to read the full speech so the quote is in context.

tashi deleks,

M

Originally Posted by USCitizen

Of course they are, that's why all the super humans are coming here.
I hope the physicians in your region can speak English and know which medications don't mix well.

The course of study at the Medical School of Lucknow and ever other good medical school there are taught in English.

No one claimed they are super human, but they are every bit as good as homegrown Drs. Importing top notch medical personal may drive down the excessive charges most medical people charge.

Originally Posted by michael h

Is a country a collective of its citizens ... or is it a government of foreign fast track employees to replace its citizens, to create a utopian economy through the visions of a profiteer?

I don't want my medications being developed by fast-track chemists.
I don't want my software being developed by fast-track software developers which is why I use free (I donate) & share ware.
I don't want my physicians being fast-track robots who can train only for their specialty.
I don't want the engineers who designed my car being fast-track robots.

I have met two exceptionally eloquent and brilliant Indian physicians who resent what's happening.
My two rabbis have a team of physicians who consult with the families going through various health related scenarios.
These physicians are not stunned by the level of incompetence displayed at each of the named hospitals and often have to consult with the care planners to straighten things out too often.
The care planners are not too happy either.
The hospitals are there to make or save money; no other reason.

Originally Posted by USCitizen

And everyone who invested in worthless derivatives didn't change the rules either.
They just didn't follow the rules.
You're not a physician.
A mis-configured network won't kill an 80 year old, an unskilled, under-trained physician will.

Like the Drs. from the US that went to Granada to school?

Damn! If our personal neurologist didn't catch a few bad medicinal combinations as the months went by I could have been rich.

Maybe you should try to stop blaming everyone else for your problems because not even imported workers are part of you problem. You own the whole things.

Originally Posted by Mahasattva

That is not the impression I got from his reply.



Could you provide a link to the speech where this alleged quote of Greenspan can be found. A google search gives your posts, since it is one of your sigs, but does not provide a link to Greenspan's speech where it occured. I would like to read the full speech so the quote is in context.

tashi deleks,

M

Everyone acts in their self interest. Stating your acting in your self interest does not make it right.

around minute 1:24 of the cspan video for the long video

Originally Posted by dnsmith

What is in the works is a process by which employers try to find the most qualified employee for the least amount of wage possible.

In 2005 I was referred to a career counselor who had 5 PhDs and made a few million bucks a year.
He gave me EXACTLY the same speech and took me on a tour of the internet to prove to me that I should stick with IT.
He said that the H1-B situation, which added at least 80K visas a year + various other visas would soon become a fad.
He was being used by Wall Street firms where managers were concerned over the communication skills and overall mediocrity of the talent making it's way to our shores.
Well, I stuck with IT.
Many of my friends stuck with IT.

It been 12 years since 2001.
Multiply that by at least 80K.
Around a million off the cuff.
Few have returned because Merkins simply suck at IT.

Yep, that worked out real well.
But that's water under the bridge.
Hell, I can take a 1-week network course for 3,000 bucks and get a certificate.

But what about engineers, chemists, biologists, physicists?
Years of training, discipline, people lives in their hands?
Well, they're Merkants now; all lacking the skillset for the 21st century.

Nope. I don't buy it.