McDonalds Hires 62,000, Turns Away Over 938,000 Applicants...

[wawaweewa]

Originally Posted by joegolfdad

Originally Posted by wawaweewa

Originally Posted by B Smooth 202

Who is to blame when capitalist aren't producing new jobs?

Capitalists are producing jobs... 
in China, India, Mexico, MENA, etc.

Joke's on the American people. 

How do you suggest changing this? Protectionism? Serious question, not trying to be sarcastic or anything

Also as a freshman in college, what do you suggest majoring in? I'm kinda lost right now, especially with the way the economy is. I'm not paying anything, and I'll be able to get a master's for free too, but I still want to get a meaningful degree...

There are a number of ways this can be solved and they all involve rewarding economic activity that actually benefits the nation as a whole. There are huge global wage and environmental imbalances that we simply cannot compete with. Nor should we. Protectionism has its place in a "free market" because in a true free market there would be no need for protectionism. 
The American people are also partly to blame as well. They've allowed this to go on. Every time you buy something that is not made in the US, that once was, you're tacitly approving the global wage arbitrage game. 

As for  the major. Major in something either math (Actuarial, Finance, Accounting, Mathematics) based or science based (All the engineering save for civil or mechanical) .

 

[wawaweewa]

Originally Posted by joegolfdad

Originally Posted by wawaweewa

Originally Posted by B Smooth 202

Who is to blame when capitalist aren't producing new jobs?

Capitalists are producing jobs... 
in China, India, Mexico, MENA, etc.

Joke's on the American people. 

How do you suggest changing this? Protectionism? Serious question, not trying to be sarcastic or anything

Also as a freshman in college, what do you suggest majoring in? I'm kinda lost right now, especially with the way the economy is. I'm not paying anything, and I'll be able to get a master's for free too, but I still want to get a meaningful degree...

There are a number of ways this can be solved and they all involve rewarding economic activity that actually benefits the nation as a whole. There are huge global wage and environmental imbalances that we simply cannot compete with. Nor should we. Protectionism has its place in a "free market" because in a true free market there would be no need for protectionism. 
The American people are also partly to blame as well. They've allowed this to go on. Every time you buy something that is not made in the US, that once was, you're tacitly approving the global wage arbitrage game. 

As for  the major. Major in something either math (Actuarial, Finance, Accounting, Mathematics) based or science based (All the engineering save for civil or mechanical) .

 

[rashi]

Originally Posted by Xtapolapacetl

Originally Posted by B Smooth 202

Who is to blame when capitalist aren't producing new jobs?

The goal of capitalism isn't to produce jobs. It's to increase the profits of corporations. If hiring more people helps them gain more profits, cool, if not, then capitalism doesn't give two $!+** whether the unemployed people go sleep on the street and die.

How would a company increase their profits if they weren't expanding which would include hiring more people?

 

[rashi]

Originally Posted by Xtapolapacetl

Originally Posted by B Smooth 202

Who is to blame when capitalist aren't producing new jobs?

The goal of capitalism isn't to produce jobs. It's to increase the profits of corporations. If hiring more people helps them gain more profits, cool, if not, then capitalism doesn't give two $!+** whether the unemployed people go sleep on the street and die.

How would a company increase their profits if they weren't expanding which would include hiring more people?

 

[wawaweewa]

Originally Posted by rashi

Originally Posted by Xtapolapacetl

Originally Posted by B Smooth 202

Who is to blame when capitalist aren't producing new jobs?

The goal of capitalism isn't to produce jobs. It's to increase the profits of corporations. If hiring more people helps them gain more profits, cool, if not, then capitalism doesn't give two $!+** whether the unemployed people go sleep on the street and die.

How would a company increase their profits if they weren't expanding which would include hiring more people?

Ever heard of automation? 

I'm not trying to sound like a douche but tech innovation has literally eliminated entire professions. It has produced others no doubt but it has eliminated far more. Tech precisely eliminates the median wage jobs because low wage jobs are too expensive to automate and high paying jobs usually require high level thinking/ decision making for which there is no artificial AI to replace. 

Other ways to expand without hiring is to demand more productivity from the same workers. Which is precisely what is occurring now at an extreme rate and has been occurring for the past few decades.

 

[wawaweewa]

Originally Posted by rashi

Originally Posted by Xtapolapacetl

Originally Posted by B Smooth 202

Who is to blame when capitalist aren't producing new jobs?

The goal of capitalism isn't to produce jobs. It's to increase the profits of corporations. If hiring more people helps them gain more profits, cool, if not, then capitalism doesn't give two $!+** whether the unemployed people go sleep on the street and die.

How would a company increase their profits if they weren't expanding which would include hiring more people?

Ever heard of automation? 

I'm not trying to sound like a douche but tech innovation has literally eliminated entire professions. It has produced others no doubt but it has eliminated far more. Tech precisely eliminates the median wage jobs because low wage jobs are too expensive to automate and high paying jobs usually require high level thinking/ decision making for which there is no artificial AI to replace. 

Other ways to expand without hiring is to demand more productivity from the same workers. Which is precisely what is occurring now at an extreme rate and has been occurring for the past few decades.

 

[rashi]

Originally Posted by wawaweewa

Originally Posted by rashi

Originally Posted by Xtapolapacetl



The goal of capitalism isn't to produce jobs. It's to increase the profits of corporations. If hiring more people helps them gain more profits, cool, if not, then capitalism doesn't give two $!+** whether the unemployed people go sleep on the street and die.

How would a company increase their profits if they weren't expanding which would include hiring more people?

Ever heard of automation? 

I'm not trying to sound like a douche but tech innovation has literally eliminated entire professions. It has produced others no doubt but it has eliminated far more. Tech precisely eliminates the median wage jobs because low wage jobs are too expensive to automate and high paying jobs usually require high level thinking/ decision making for which there is no artificial AI to replace. 

Other ways to expand without hiring is to demand more productivity from the same workers. Which is precisely what is occurring now at an extreme rate and has been occurring for the past few decades.

Automation has always been a Socialist scare tactic argument. Automation doesn't reduce the number of jobs like they say it does, it just simply shifts the demand for labor.


Funny, the same people who cry about Automation will be the same people who cry about better working conditions in air conditioning and better working supplies (which will involve electronics, and who would build these?) to do "infrastructure" like building roads, bridges, ect. We should just give up all technology, get rid of bulldozers, cranes, ect. and do what the Amish do, have the entire village do work. Then we would have FULL employment!

 

[rashi]

Originally Posted by wawaweewa

Originally Posted by rashi

Originally Posted by Xtapolapacetl



The goal of capitalism isn't to produce jobs. It's to increase the profits of corporations. If hiring more people helps them gain more profits, cool, if not, then capitalism doesn't give two $!+** whether the unemployed people go sleep on the street and die.

How would a company increase their profits if they weren't expanding which would include hiring more people?

Ever heard of automation? 

I'm not trying to sound like a douche but tech innovation has literally eliminated entire professions. It has produced others no doubt but it has eliminated far more. Tech precisely eliminates the median wage jobs because low wage jobs are too expensive to automate and high paying jobs usually require high level thinking/ decision making for which there is no artificial AI to replace. 

Other ways to expand without hiring is to demand more productivity from the same workers. Which is precisely what is occurring now at an extreme rate and has been occurring for the past few decades.

Automation has always been a Socialist scare tactic argument. Automation doesn't reduce the number of jobs like they say it does, it just simply shifts the demand for labor.


Funny, the same people who cry about Automation will be the same people who cry about better working conditions in air conditioning and better working supplies (which will involve electronics, and who would build these?) to do "infrastructure" like building roads, bridges, ect. We should just give up all technology, get rid of bulldozers, cranes, ect. and do what the Amish do, have the entire village do work. Then we would have FULL employment!

 

[wawaweewa]

Originally Posted by rashi

Originally Posted by wawaweewa

Originally Posted by rashi



How would a company increase their profits if they weren't expanding which would include hiring more people?

Ever heard of automation? 

I'm not trying to sound like a douche but tech innovation has literally eliminated entire professions. It has produced others no doubt but it has eliminated far more. Tech precisely eliminates the median wage jobs because low wage jobs are too expensive to automate and high paying jobs usually require high level thinking/ decision making for which there is no artificial AI to replace. 

Other ways to expand without hiring is to demand more productivity from the same workers. Which is precisely what is occurring now at an extreme rate and has been occurring for the past few decades.

Automation has always been a Socialist scare tactic argument. Automation doesn't reduce the number of jobs like they say it does, it just simply shifts the demand for labor.


Funny, the same people who cry about Automation will be the same people who cry about better working conditions in air conditioning and better working supplies (which will involve electronics, and who would build these?) to do "infrastructure" like building roads, bridges, ect. We should just give up all technology, get rid of bulldozers, cranes, ect. and do what the Amish do, have the entire village do work. Then we would have FULL employment!

There's no debating with you.

You just argue out of dogma. How old are you btw? 

Automation may or may not be a socialist scare tactic. I don't care either way. The fact that automation/ technology creates new areas of demand for labor (in some  instances) is such a broad statement. Shifts demand where and to whom and at what headcount/ wage ratio? 

You asked how would an enterprise increase in size/productivity without hiring additional labor and I answered your question. There's an entire profession (well paying I m might add) that suggests to businesses how they can increase in size/productivity without hiring additional labor/ hiring the minimal amount. 

 

[wawaweewa]

Originally Posted by rashi

Originally Posted by wawaweewa

Originally Posted by rashi



How would a company increase their profits if they weren't expanding which would include hiring more people?

Ever heard of automation? 

I'm not trying to sound like a douche but tech innovation has literally eliminated entire professions. It has produced others no doubt but it has eliminated far more. Tech precisely eliminates the median wage jobs because low wage jobs are too expensive to automate and high paying jobs usually require high level thinking/ decision making for which there is no artificial AI to replace. 

Other ways to expand without hiring is to demand more productivity from the same workers. Which is precisely what is occurring now at an extreme rate and has been occurring for the past few decades.

Automation has always been a Socialist scare tactic argument. Automation doesn't reduce the number of jobs like they say it does, it just simply shifts the demand for labor.


Funny, the same people who cry about Automation will be the same people who cry about better working conditions in air conditioning and better working supplies (which will involve electronics, and who would build these?) to do "infrastructure" like building roads, bridges, ect. We should just give up all technology, get rid of bulldozers, cranes, ect. and do what the Amish do, have the entire village do work. Then we would have FULL employment!

There's no debating with you.

You just argue out of dogma. How old are you btw? 

Automation may or may not be a socialist scare tactic. I don't care either way. The fact that automation/ technology creates new areas of demand for labor (in some  instances) is such a broad statement. Shifts demand where and to whom and at what headcount/ wage ratio? 

You asked how would an enterprise increase in size/productivity without hiring additional labor and I answered your question. There's an entire profession (well paying I m might add) that suggests to businesses how they can increase in size/productivity without hiring additional labor/ hiring the minimal amount. 

 

[GaBeGRaMz]

Originally Posted by HAM CITY

Originally Posted by Crank Lucas

Originally Posted by ElCatfisho

Tried to get a job three times at Kroger, never got the job.

I've been seeing some new baggers there.... Two have Down's syndrome.

Saltine, eye yam.

Props to them getting the job though.

wait wut

He tried three separate times to get a job at the local super market but he lost out to several other applicants, two of whom have Down syndrome. He's salty he's not in their position but at the same time congratulates them on their success.

@ the break down.

 

[GaBeGRaMz]

Originally Posted by HAM CITY

Originally Posted by Crank Lucas

Originally Posted by ElCatfisho

Tried to get a job three times at Kroger, never got the job.

I've been seeing some new baggers there.... Two have Down's syndrome.

Saltine, eye yam.

Props to them getting the job though.

wait wut

He tried three separate times to get a job at the local super market but he lost out to several other applicants, two of whom have Down syndrome. He's salty he's not in their position but at the same time congratulates them on their success.

@ the break down.

 

[rexanglorum]

Much of this era of unemployment and inconsistent growth has been due to a lack of automation. Since 2000 or so, extremely low interest rates shifted too many scarce resources into housing and commercial property construction and financing and too little money flowed into productivity enhancing investments. That type of capital accumulation is what creates higher standards of living and, ultimately, higher wages and lower levels of unemployment.

In my view, too many academic and government economists are too callous when they talk about capital accumulation, minimum wage, free trade/immigration and unionization. They are correct that automation ultimately helps workers, minimum wage hurts low skilled workers, free trade/immigration helps the average American consumer and private sector unions can kill a firm or industry by demanding too much. Unfortunately, many economists (present company included), are from fairly privileged backgrounds and we can sometimes forget about the poverty and anxiety caused in the short and near term.

We should offer up solutions for dealing with that short and medium terms pain or at least acknowledge that it exists and not try to minimize it. Until we do so, socialists, union bosses, community organizers, TV pundits and politicians will exploit what looks like callousness and demagogue against economic liberalism.

 

[rexanglorum]

Much of this era of unemployment and inconsistent growth has been due to a lack of automation. Since 2000 or so, extremely low interest rates shifted too many scarce resources into housing and commercial property construction and financing and too little money flowed into productivity enhancing investments. That type of capital accumulation is what creates higher standards of living and, ultimately, higher wages and lower levels of unemployment.

In my view, too many academic and government economists are too callous when they talk about capital accumulation, minimum wage, free trade/immigration and unionization. They are correct that automation ultimately helps workers, minimum wage hurts low skilled workers, free trade/immigration helps the average American consumer and private sector unions can kill a firm or industry by demanding too much. Unfortunately, many economists (present company included), are from fairly privileged backgrounds and we can sometimes forget about the poverty and anxiety caused in the short and near term.

We should offer up solutions for dealing with that short and medium terms pain or at least acknowledge that it exists and not try to minimize it. Until we do so, socialists, union bosses, community organizers, TV pundits and politicians will exploit what looks like callousness and demagogue against economic liberalism.

 

[los benjaminz]

Originally Posted by GaBeGRaMz

Originally Posted by HAM CITY

Originally Posted by Crank Lucas

Originally Posted by ElCatfisho

Tried to get a job three times at Kroger, never got the job.

I've been seeing some new baggers there.... Two have Down's syndrome.

Saltine, eye yam.

Props to them getting the job though.

wait wut

He tried three separate times to get a job at the local super market but he lost out to several other applicants, two of whom have Down syndrome. He's salty he's not in their position but at the same time congratulates them on their success.

@ the break down.

lmao

 

[los benjaminz]

Originally Posted by GaBeGRaMz

Originally Posted by HAM CITY

Originally Posted by Crank Lucas

Originally Posted by ElCatfisho

Tried to get a job three times at Kroger, never got the job.

I've been seeing some new baggers there.... Two have Down's syndrome.

Saltine, eye yam.

Props to them getting the job though.

wait wut

He tried three separate times to get a job at the local super market but he lost out to several other applicants, two of whom have Down syndrome. He's salty he's not in their position but at the same time congratulates them on their success.

@ the break down.

lmao

 

[mitchellicious]

This why I don't complain anymore. Someone's always got it worse.

 

[mitchellicious]

This why I don't complain anymore. Someone's always got it worse.

 

[rashi]

Originally Posted by wawaweewa

Originally Posted by rashi

Originally Posted by wawaweewa


Ever heard of automation? 

I'm not trying to sound like a douche but tech innovation has literally eliminated entire professions. It has produced others no doubt but it has eliminated far more. Tech precisely eliminates the median wage jobs because low wage jobs are too expensive to automate and high paying jobs usually require high level thinking/ decision making for which there is no artificial AI to replace. 

Other ways to expand without hiring is to demand more productivity from the same workers. Which is precisely what is occurring now at an extreme rate and has been occurring for the past few decades.

Automation has always been a Socialist scare tactic argument. Automation doesn't reduce the number of jobs like they say it does, it just simply shifts the demand for labor.


Funny, the same people who cry about Automation will be the same people who cry about better working conditions in air conditioning and better working supplies (which will involve electronics, and who would build these?) to do "infrastructure" like building roads, bridges, ect. We should just give up all technology, get rid of bulldozers, cranes, ect. and do what the Amish do, have the entire village do work. Then we would have FULL employment!

There's no debating with you.

You just argue out of dogma. How old are you btw? 

Automation may or may not be a socialist scare tactic. I don't care either way. The fact that automation/ technology creates new areas of demand for labor (in some  instances) is such a broad statement. Shifts demand where and to whom and at what headcount/ wage ratio? 

You asked how would an enterprise increase in size/productivity without hiring additional labor and I answered your question. There's an entire profession (well paying I m might add) that suggests to businesses how they can increase in size/productivity without hiring additional labor/ hiring the minimal amount. 

It isn't a broad statement, how is it? You are making an argument assuming that employment for the sake employment is good for an economy. This automation argument is ridiculous actually. Because of automation it has allowed prices to drop significantly in various industries since the Industrial Revolution. Since then, Standards of Living has increased and prices have dropped (globally), what is exactly wrong with that? Because of Central Banking monetary manipulation Capitalism, one could argue that automation is "bad" for an economy.

 

What about the headcount/wage ratio? People need to build this new technology, correct? Labor is a commodity, no? Labor is something that is alienable and can be exchanged for goods and services, right? If their previous employment has been replaced by technology, then that means their job wasn't that scarce to begin with. That person should learn a trade that makes his labor a scarce resource. I can't tell you where the demand shifts, it depends on who's demanding the labor.

Moreover, there is always a scarcity of labor somewhere. Even now, I can open up the classified section in the paper and look at much employment oppurtunitites, does everyone qualify, though? Of course not, not everyone is skilled in in auto mechanics, not everyone is skilled in the health care industry, not everyone is a skilled car salesmen.


I think its a shame that McDonald's could hire that amount of people, considering that McDonald's is a very low skilled job where technology does 90% of the actual production of their products, but people are being paid almost $8.00 and hour to put fries in a frier, and put burgers in a microwave?

It's ridiculous. Minimum Wage laws have played a significant role in the unemployment in this country.


Of course there is no debating me when you argue with Statist justifications trying to describe a market economy. You either believe in Free Markets or you don't, you either believe in a system of voluntary exchanges or you don't. There isn't a Gray area here.

Since 2000 or so, extremely low interest rates shifted too many scarce resources into housing and commercial property construction and financing and too little money flowed into productivity enhancing investments. That type of capital accumulation is what creates higher standards of living and, ultimately, higher wages and lower levels of unemployment.


The government in the 90's tried to bank on Automation, only creating a bubble that bursted when nobody ended up buying the products.

 

[rashi]

Originally Posted by wawaweewa

Originally Posted by rashi

Originally Posted by wawaweewa


Ever heard of automation? 

I'm not trying to sound like a douche but tech innovation has literally eliminated entire professions. It has produced others no doubt but it has eliminated far more. Tech precisely eliminates the median wage jobs because low wage jobs are too expensive to automate and high paying jobs usually require high level thinking/ decision making for which there is no artificial AI to replace. 

Other ways to expand without hiring is to demand more productivity from the same workers. Which is precisely what is occurring now at an extreme rate and has been occurring for the past few decades.

Automation has always been a Socialist scare tactic argument. Automation doesn't reduce the number of jobs like they say it does, it just simply shifts the demand for labor.


Funny, the same people who cry about Automation will be the same people who cry about better working conditions in air conditioning and better working supplies (which will involve electronics, and who would build these?) to do "infrastructure" like building roads, bridges, ect. We should just give up all technology, get rid of bulldozers, cranes, ect. and do what the Amish do, have the entire village do work. Then we would have FULL employment!

There's no debating with you.

You just argue out of dogma. How old are you btw? 

Automation may or may not be a socialist scare tactic. I don't care either way. The fact that automation/ technology creates new areas of demand for labor (in some  instances) is such a broad statement. Shifts demand where and to whom and at what headcount/ wage ratio? 

You asked how would an enterprise increase in size/productivity without hiring additional labor and I answered your question. There's an entire profession (well paying I m might add) that suggests to businesses how they can increase in size/productivity without hiring additional labor/ hiring the minimal amount. 

It isn't a broad statement, how is it? You are making an argument assuming that employment for the sake employment is good for an economy. This automation argument is ridiculous actually. Because of automation it has allowed prices to drop significantly in various industries since the Industrial Revolution. Since then, Standards of Living has increased and prices have dropped (globally), what is exactly wrong with that? Because of Central Banking monetary manipulation Capitalism, one could argue that automation is "bad" for an economy.

 

What about the headcount/wage ratio? People need to build this new technology, correct? Labor is a commodity, no? Labor is something that is alienable and can be exchanged for goods and services, right? If their previous employment has been replaced by technology, then that means their job wasn't that scarce to begin with. That person should learn a trade that makes his labor a scarce resource. I can't tell you where the demand shifts, it depends on who's demanding the labor.

Moreover, there is always a scarcity of labor somewhere. Even now, I can open up the classified section in the paper and look at much employment oppurtunitites, does everyone qualify, though? Of course not, not everyone is skilled in in auto mechanics, not everyone is skilled in the health care industry, not everyone is a skilled car salesmen.


I think its a shame that McDonald's could hire that amount of people, considering that McDonald's is a very low skilled job where technology does 90% of the actual production of their products, but people are being paid almost $8.00 and hour to put fries in a frier, and put burgers in a microwave?

It's ridiculous. Minimum Wage laws have played a significant role in the unemployment in this country.


Of course there is no debating me when you argue with Statist justifications trying to describe a market economy. You either believe in Free Markets or you don't, you either believe in a system of voluntary exchanges or you don't. There isn't a Gray area here.

Since 2000 or so, extremely low interest rates shifted too many scarce resources into housing and commercial property construction and financing and too little money flowed into productivity enhancing investments. That type of capital accumulation is what creates higher standards of living and, ultimately, higher wages and lower levels of unemployment.


The government in the 90's tried to bank on Automation, only creating a bubble that bursted when nobody ended up buying the products.

 

[Mister Meaner]

Originally Posted by Mitchellicious

This why I don't complain anymore. Someone's always got it worse.

I've realized I've got it pretty good. A bullspit retail job making $13.50/hr with growing hours week by week. Hell, I'm getting paid more at this store than I did working at a retail pharmacy as a technician.

Hard times out there. I need to get through school asap.

 

[Mister Meaner]

Originally Posted by Mitchellicious

This why I don't complain anymore. Someone's always got it worse.

I've realized I've got it pretty good. A bullspit retail job making $13.50/hr with growing hours week by week. Hell, I'm getting paid more at this store than I did working at a retail pharmacy as a technician.

Hard times out there. I need to get through school asap.

 

[rko2004]

Man I just replaced someone at my job this week because he got fired. Getting smart with the District Manager and your manager is not whats up.

 

[rko2004]

Man I just replaced someone at my job this week because he got fired. Getting smart with the District Manager and your manager is not whats up.

 

[Betonblck]

Originally Posted by rashi


I think its a shame that McDonald's could hire that amount of people, considering that McDonald's is a very low skilled job where technology does 90% of the actual production of their products, but people are being paid almost $8.00 and hour to put fries in a frier, and put burgers in a microwave?

It's ridiculous. Minimum Wage laws have played a significant role in the unemployment in this country.

So you don't believe that there should be any lower limit on the wages at McDonald's?  Who cares whether they just put fries in a frier and burgers in a microwave, they still are working, standing on their feet all day, and have to deal with customers. 

The elitist attitude of some of you guys disgusts me.  Am I the only one who thinks that the American dream is for anyone, no matter the education level, to be able to go out and get a job and work hard and make a wage that at least allows you to afford the McDonald's value meals that you prepare?