Starvation Wages



My own approach to this, is to push things as far as possible.
I cannot see, why trucks cannot be unloaded by robots.
And I am also sure that robots do not need pension and health insurance.
i
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On Sun, 01 Sep 2013 11:38:44 -0500, Ignoramus27947

Everyone else can stand back and watch! <g>
You're right that you can't stop that kind of progress. And then what?
--
Ed Huntress

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I do not know what then. I find that sort of progress to be inevitable, but dusturbing. I am convinced that, unlike in the past, computers can replace people permanently. As the ability of computers progresses, they can replace more and more people.
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On Sun, 01 Sep 2013 11:58:56 -0500, Ignoramus27947

Same here.

Under old economic theories, this was not a problem. The work week would just keep getting shorter.
Today people call that "socialism," even though it has nothing to do with government ownership.
It's a vexing issue that I'm sure some of the denizens here have all figured out. d8-)
--
Ed Huntress

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Why do a business want to employ a "no longer economically useful worker" for reduced hours?
It is a vexing issue that I have not figured out, except for a determination to be ireplaceable by computers, for me and for my kids.
i
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On Sun, 01 Sep 2013 13:13:45 -0500, Ignoramus27947

The idea was based on historical experience with incremental advances in production technology. In most cases, it just meant that one worker could produce more. Now it often means that you don't need a worker at all. For that, one needs a new theory.

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Exactly. And "more education" and "job retraining" is often not the answer. Let's say that you have a person of modest abilities, who was replaced by a computer. Even though you could teach that person a new skill, you could teach a computer a new skill as well, so the computer wins anyway.
I do not have any solutions, but I do have apprehension.
i
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On Sun, 01 Sep 2013 13:13:45 -0500, Ignoramus27947

You found a niche that you fit into. Those niches are getting to be smaller and smaller in numbers.
Which is why so many of my clients have retired out of California, taking a few machines with them to their new digs in Aridzona and Idaho and making high dollar custom medical parts and gun parts working in a small home shop on their acreage and sleeping well every night..because when they sold out in California..they made enough money to pay cash for everything when they moved and have money in the bank.
I wish my niche hadnt started to fold...Im pretty good at what I do.
Shrug
Gunner
"
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wrote:

Why haven't you done that? Oh yeah, because you're a no talent full of shit moron.

Your niche is posting lies to Usenet. It doesn't show any signs of folding.

No, you're not. Making fun of your ridiculous lies is easy.
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Correct. Smaller and smaller in number, as time goes on. It is a slow process, but inevitable.

I am not convinced that making custom gun parts is a good business. Too many people wanting to be in that.
Making custom medical parts, may be indeed a winner for a while.

I spend nights worrying about this stuff and related issues.
There is no place to hide.
i
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On Sun, 01 Sep 2013 21:04:31 -0500, Ignoramus27947

Ayup. Same with farmers, boot makers, doctors etc etc.

Once they get snugged into their niche...the others are second place winners

No..there certainly isnt. And its NOT going to get any better any time soon. The Left has cut the foundation from under this nation and the already tottering structure is about ready to collapse.
One hopes you have enough land to grow crops on..you may need it before long.
"
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On Sunday, September 1, 2013 10:04:31 PM UTC-4, Ignoramus27947 wrote:

This discussion has been about wages, and finding good jobs is getting more and more dificult. Computers eliminate jobs in two ways. One is where th e computer does the work that used to be done by a human. The other is whe re the computer increases the productivity. An example of this is the Draf tman. A draftman is now much more productive than when drawings were made o n vellum using ink. I have no good solution for finding good jobs, except to say that one needs to constantly work at staying current in your field. I had a lot of experience with that as the estimate is that half of what a n electrical engineer knows is obsolete every seven years. So I had to con stantly learn in order not to become obsolete.
But wages are only part of getting by. The other part is saving and invest ing. Pretty much all my working life, I spent less then what I made and in vested that money. So now I have been retired for fifteen years and the l argest part of my income comes not from pensions or Social Security. But f rom dividends and the " Required Minimum Distributions " from my IRA's. So my solution to starvation wages is income not based on wages.
Dan
Now for the metalworking part of this post. I managed to disassemble my Mi ll/Drill into pieces I could cope with and move the parts down the stairs t o the basement. Still need to beef up the stand and move it to the baseme nt. The garage is just too cold in the winter and too hot in the summer.
In surfing the net, I found this website that has both electronics and meta lworking info. http://conradhoffman.com/
Dan
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Very nice. I save too. And I was, so far, moderately lucky with my choice of what to invest in and, more importantly, what not to invest in.
However, I have seen enough to realize that a couple of instances of "bad luck" can ruin everything when it comes to savings. For example, a divorce and a health trouble.
i
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On Mon, 02 Sep 2013 09:22:53 -0500, Ignoramus15501

The universal plan to financial success: Rule #1 - Marry the right woman the FIRST TIME.
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Yep...
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On Mon, 02 Sep 2013 10:52:17 -0400, snipped-for-privacy@snyder.on.ca wrote:
<snip>

<snip>
picking the right parents is also very helpful...
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On Mon, 02 Sep 2013 22:28:40 -0500, F. George McDuffee

I know many who started off with the proverbial silver spoon and ended up without a pot to pee in
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There is more than one gets from parents, than just the money.
All money that I earned is mine, but,I could not get to where I am, without their influence etc.
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On Tue, 03 Sep 2013 13:49:24 -0500, Ignoramus30897

Ditto. My parents encouraged me to read and nurtured my innate curiosity, while passing on their excellent sense of right and wrong. I'm a much better person for it and I thank them for it repeatedly.
I did have some financial help through the years ($500 here, $1k there) and they let me buy their rental house from them at zero interest.
--
It is common sense to take a method and try it. If it fails,
admit it frankly and try another. But above all, try something.
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On Tue, 03 Sep 2013 12:33:47 -0400, snipped-for-privacy@snyder.on.ca wrote:

Oh hell yes. The number of those is countless.
"
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