JOBS: THE "BAIN" OF POLITICIANS

They're Counting on Our Ignorance

If you've had a chance to take a glimpse at Rifkin's book (my last blog), you know by now that this whole flurry and flap over "jobs" is a grand  con game the politicians have been playing for about sixty years. 

 That's how long the trend toward permanent annihilation of jobs in this country has been going on.  The root cause is that Say's Law "pooped out".  The law basically says that technological advances destroy jobs temporarily; but creates more new ones.

 Beginning about 60 years ago we learned that the technological advances were NOT creating enough new jobs and we began to get Jobless Recoveries from periodic economic downturns.  We began to see that the productivity gains were pocketed by corporations and the Financial Boys helping them to engineer the demise of our older industrial base.

The productivity gains were not plowed back as investments in new plants and equipment.  Instead, they scoured the planet looking for cheaper places to operate.  Financial bubbles were engineered to keep us asleep, it appears.

Add to this long history the aging baby boom population, and our neglect of technical education and you see the steady decline in work in this country; trending toward NO JOBS within the next three or four decades.  Now we know why the Repoobs stole everything but the kitchen sink when they had unfettered access to our treasury.

SAY'S LAW rested on the assumption of increased efficiency through technological innovation.

How efficient were the Repoobs at running the government?  From Enron to the Melt-Down, with Katrina along the way, take your pick, there's nary a hint of any efficiency at anything;  but looting.

Now Mitt and the Repoobs are knocking on the door to get another crack at our jobs.

Stay Vigilant!  They say "its different this time"?  You damn betcha!!

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