Loading ...Below is a copy of my response:
Hi, its a good idea to encourage people to take a job and help out with the Cheap Labor shortages. I think I told you before, everything is in reverse after the 2008 financial crisis. Anyway back in 1979 the Dinesletter by James Dines, recently deceased, predicted deflation in wages, back in ’79 because of the use of foreign labor. I was in the workforce in 1962 and by 1975 I was one of the first to quit my job. Tired of making the boss rich. The company I worked for, gleaned five years of me $10k annual salary, $50,000 with one month of my labor. $10,000 was equal to 4 cars or two Corvettes. Many guys quit and started their own businesses in basements and garages. Basically nobody gets paid enough to care about their jobs, unless of course they are high paid in a police or teacher union etc, they keep up with inflation.
Our managers or the Gov’t itself neglected to act as a union to represent non union employees and increase the minimum wage by 7% per year. So the basic wages today to match 1970 dollars should be around $40/hr. Being the Gov’t (big business) failed to do so, we need to get people OUT of the workforce if they are well off and don’t need the job. So as to create a shortage and natural market forces would raise the wages. Naturally as you said in your story, the lack of Cheap Labor is causing “withdrawal” problems. From the accumulation of errors. As we go thru a transition from bad habits. No pain no gain. Look at all the potholes. the whole country is on welfare. Check out the one westbound on 27A before the McDonalds in lindenhurst. Lady I know 68 years old ruined two rims and tires and a broken axle, driving a tiny Hyundai Eleonora.
The other approach, would be to encourage the public to avoid and or boycott imported products. We lived very high on the hog when we exported more than we imported. We don’t want too many poor people among us. They cause the Orange juice container to get smaller. the new toaster oven isn’t as good as the older one for example to keep prices lower. They steal catalytic converters, and the kids are having shoot outs in NYC. Amazing. Because of all the unrestricted Gun Violence on TV and movies. Hollywood is making a LOT of money on Gun Violence. They took away alcohol and tobacco commercials, but should have taken away the Guns in movies that kids will see. Its time to be optimistic, because all the faults are getting attention. Having products made 10,000 miles away is as dumb as a stump. I need heating oil this morning 100 gals at $6.40/gallon.
