The Mudcat Café TM
Thread #146763   Message #3399174
Posted By: Bill D
02-Sep-12 - 05:07 PM
Thread Name: BS: Skilled Work, No Worker
Subject: RE: BS: Skilled Work, No Worker
Something has to give. It is natural for a company to wish to reduce costs in manufacture, distribution, etc. The math says that if they can do the job with fewer workers, they can compete better.

But the math also says that if there are too many people not working, the market for many products will be limited... and if the cost-benefit analysis gets too far out of balance, the entire economy will shift violently in various ways.

**NO** president can just 'create jobs'... he can only seek to create conditions where companies can afford to BOTH hire and produce.

If we cannot even buy shoes ... etc...that are not made in China, we are at a severe disadvantage....