His name is Peggy and he works in a call center in Siberia.
God damn outsourcers.
Wow, you really do have a mental problem if you don’t understand the basics of inflation. No, really, you’re retarded. You should launch a lawsuit against whoever attempted to educate you.
You know, Draggin’ ass why don’t you tell us what jobs have been created by offshoring. If you lose your manufacturing job where do you go then? What does it pay in comparison?
Oh yeah, you can’t answer that - because all the “replacements” you mentioned above have gone overseas and we’ve got nothing to replace them with except lower paying jobs. Even our knowledge based jobs are going overseas. A fact you try desperately to avoid because your feeble brain has no counter.
As I said before, you flaming retard, it’s not a zero sum game - it’s a plus sum game, but only for the upper class. For everyone else it’s been shrinking. The middle class is shrinking, and the ranks of the poor are growing the fastest. Been that way for 11 years at least.
Apparently you cannot understand what the word ‘plutocracy’ means. Few of you can.
And let’s pretend that there’ll be a 5 fold jump in iPod prices if those jobs come back here.
Stop right there.
I’m tired of pretending that your argument is coherent or that you’re not up to your eyeballs in your own bullshit.
You’re still arguing that it’s better to be without a job for 6 months to 2 years (which a lot of Americans are) than to have a job. On planet Black Knight everyone has 6 months of severance pay. Which, mind you, they’d rather spend on keeping a roof over their heads instead of saving for retirement.
You’ve been preaching that more unemployed Americans means better employees for you.
You’ve been ranting that you couldn’t find good workers in a low unemployment economy.
Your entire argument reeks of insanity.
Like sitting on unemployment or going homeless. Except on Planet Black Knight where everyone gets a severance package, which they on Planet Black Knight they’d rather blow on rent and overpriced college retraining (which will be highly likely to land them in an overly-impacted job market) instead of saving for retirement.
Instead of having a higher paying job that’ll keep a roof over their heads.
But instead today we have a lot of college grads who are out of work. Not as many as high school dropouts but here’s the fun part - we’re headed for a big BUST in the student debt market here soon, and with that will go all the money people need for a college education.
Where, on planet Black Knight, will they get the money for college then?
And what jobs will be waiting for them? You’ve already argued that it’s no problem to send knowledge based work overseas. Like, say, R&D.
But what your feeble mind has been unable to point out here is what jobs have been CREATED by offshoring - what is replacing these manufacturing and knowledge based jobs we’re sending overseas?
And now you have no infrastructure within the United States for training high-end programmers. Because the low-end jobs have left, no one can acquire the experience for higher-end stuff.
Which means very soon you’ll start to see companies in India driving smaller American companies out of business: because from the janitor to the CEO they’ll command cheaper wages.
Meanwhile, again, you have FAILED to show us what jobs were created in America while these low-end programming jobs were eliminated.
Worse yet when the Ukraine workers demand higher wages, and this cycle repeats to Africa, etc., at some point you’ll run out of places to find cheap labor. Then what?
WHAT next big thing? That’s yet another major flaw in your entire brain-dead argument!
You’re essentially arguing that the next big thing is somewhere over the rainbow. I’m telling you it ain’t there. Since you keep bringing up this next big thing it’s up to you to put up or shut the fuck up.
Alternative energy? NOPE! China is leading innovation in that sector. We’re already importing photovoltaic cells from China.
Research & Development / innovation? NOPE! India’s in the process of getting that covered.
What next big thing are you talking about? When is it coming? What is it?
Exactly. Your logic FAILS because people are losing high-paying jobs, and have been doing so for the last 10 years, and are stuck in lower-paying jobs if they can find any at all. The next big thing isn’t coming because jobs related to those industries are not even just moving overseas - they’re being generated overseas and kept there.
Until they get the work experience to move up the value chain. Oh wait, that doesn’t happen on Planet Black Knight, does it? I guess those dirty Ukranians lack the mental capacity to move up the value chain and take high-end American jobs for cheap, too.
Exactly where are we progressing to? If you get a college degree in anything here your best bet to avoid unemployment is to go overseas for work.
Ah yes, like manufacturing or programming, which have both always paid a middle class salary in America, or biotech research.
Damn, you’re a retard.
Of course they’d be much better off with $50,000 in student loan debt while sitting around unemployed because the career they got a degree in is suddenly over-impacted… oh and shipped overseas, to boot!
Nope. I remember Wal Mart doing that, too. In so doing they put a lot of suppliers out of business. But on Planet Black Knight putting a company out of businesses is only evil if it’s done by labor prices.
Dude, you have more mental problems than Freud could shake a stick at. I would be extraordinarily charitable to call your “knowledge” of economics superficial.
Seriously… whoever educated you needs to be sued. ESPECIALLY if taxpayers’ dollars were wasted on a drooling knuckle dragging dumbfuck like you.
This retarded thread is still going? I though with such a retarded OP people would have realized his retardation, taken pity on him and quietly let the thread die.
The thread will never die, Tahssa…people have not replied before, but La Jerk always bumps it up after a few days, talking only to himself.
Jesus Christ on a pogo stick, you’re even dumber than I thought - and I had you pegged pretty low to start with. My days of underestimating you are certainly coming to a middle.
It is clear you have no clue what inflation actually is or what the main causes are. Hint: Price levels do not cause inflation. I’m not going to spend the next five paragraphs trying to explain aggregate demand, aggregate supply, money supply and short-term vs long-term production runs to you. If you want to actually participate in the debate with the rest of the grown-ups, come back back after you’ve at least finished a freshman course in macro-econ 101.
And that is all the evidence I need to realize that you do not have the mental capacity to think about trade, labor, wages, and prices in the aggregate. Your mental capacity is limited to thinking of these things only in the finite, zero-sum sense. Oh well, sucks to be you.
What part of ‘we used to be farmers, now we make iPads and perform heart transplants’ did you not understand?
You know, sometimes, it’s better to shut up and let the world think you’re an idiot, then open your mouth and remove all doubt.
I think he’s running out of gas. I’ve noticed he hasn’t started any new (stupid) threads on the subject, and doesn’t seem to be participating much in any of the ones he was spewing his idiocy in earlier. Basically, the horned one doesn’t seem to have fertile ground here on the 'dope, and while he’s deluded enough to think he’s actually winning these ‘debates’, I think even he realizes that you can only call someone a ‘boypussy’ so often before you just can’t say such stupid shit with a straight face anymore. Hopefully he’s slink off to wherever quasi-leftist/right wing loonies go to commune with others of their kind.
If he takes Gonzo with him I’d say the board will make out like a bandit…
-XT
Okay, that did it. You are a brain dead retard. The moment you said price levels do not cause inflation it became plainly obvious that are nothing more than a mindless drooling idiot.
What, you’re going to miss out on yet another opportunity to show what an idiot you are?
And you flunked basic English comprehension, too!
Who’s this ‘world’ you keep speaking of? The world you live on has yellow submarines flying in polkadot skies.
Judging by the way things are going the world is against you… which is why you’re getting louder and louder and angrier every time you respond to me.
At some point your brain will explode and humanity’s average IQ will jump a few digits.
Yet another kid who dropped out of kindergarten and who thinks educated people are retarded. One day we’ll see an end to offshoring and people like you will be glad you posted your bullshit anonymously.
I fear there’s some equivocation going on here. Changes in the overall price level, as measured for something like a CPI basket, does provide a quantitative measure of inflation. But increased prices for particular goods is not strictly speaking inflation. So, e.g., a lithium shortage (or an exogenous increase in the equilibrium real wage) could increase the price of an iPad without being inflationary.
It depends on the raw materials. A rise in the cost of, say, oil would drive up the price of almost EVERYTHING in a country. If lithium ion batteries powered cars, iPods and a whole host of other devices we use in every day life (not saying it does, but rather “IF”), it could become inflationary in nature.
That said, merely raising the price of iPods is not inflationary. But when you’re talking about stopping the offshoring of manufacturing altogether, that would be inflationary, because it affects the entire spectrum of manufactured goods. Wages and prices would go up in tandem.
But in the end if globalism is truly realized then there’ll be no place to find cheap labor; productivity - which emacknight seems to claim either doesn’t exist or isn’t a factor (and why any educated person would ignore productivity is… well… who cares why?) - will have to count. It functions to lower the cost of production (the higher it goes). Otherwise everything will get insanely expensive.
But prices will go up anyway, because as China and India alone enjoy a rising GDP, the pressure on resources will increase dramatically. See: oil. One guy on here even postulated that we’d need the resources of 6 earths to support a truly global first world economy.
Rest assured, I’ll be the last one laughing when all this globalism gets done eating its tail. Literally. I’ll be the only one laughing when the resource shortages turn on the global economy like a swarm of piranhas.
Anyhoot… I recall emacknight telling us
“Those students will focus their efforts and energy on the next new thing.”
Ever wonder why everyone declares victory and abandons the argument as soon as someone says “we’ve been waiting for the next big thing for years now… when is it coming, and what makes you think jobs related to the next big thing won’t go overseas right away?”
You’d be surprised… most Americans are asking that question and the “Le Jacquelope is retarded” crowd, along with their economist allies and loud mouthed pundits on TV, have not been able to answer that.
You will find more “retarded” people asking you that soon, as this question has become one of several silver bullets against which you have no defense.
Christ, fighting against your level of stupidity is almost impossible. It’s like trying to teach physics to a three-year old.
You do realize that one of the largest economies in the world has been suffering from deflation for the better part of two decades? You do realize that ‘cheap’ labor is all relative? You obviously have absolutely no understanding of competitive advantage, labor market liquidity, the difference in elasticity between prices and wages, and about a million other things. I can only conclude that you are, in fact, independently wealthy, and that you inherited the wealth, because there is no way you could possibly function in the real world with your comedic ignorance of how companies and markets operate.
Oregon has the lowest manufacturing costs in the US. Clearly those evil Oregon manufactures are taking advantage of the rest of the US workers - we need to slap a tarriff on any goods manufactured there!
I wouldn’t worry about it guys. He seems to be racking up the warnings and non-warnings at a pretty fast clip. It will probably not be long until we see BANNED under the horned ones name. Then he can be an unpleasant memory, quickly forgotten except when looking back on old threads a few years from now and going ‘Ah! I remember this idiot. I wonder if they put him on life support of if he just stoped breathing because he was too stupid to keep his autonomic systems like breathing and heart beat going??’
Just give him enough rope to hang himself, or, as I think most 'dopers are doing, don’t feed the troll…
-XT
I don’t think he’d want you to offshore his breathing for him.
The Chinese are stealing his breath!
Regards,
Shodan
Actually, I think that’s his cat. I’m sure the cat is orders of magnitude more intelligent, so it’s probably convinced him that it’s an American cat, and that he doesn’t really need that breath stuff anyway (his breathing needs are probably fairly low level anyway, since obviously he doesn’t need oxygen to his brain for any reason).
-XT
I hadn’t been reading any of the other threads he’s been posting to. After reading some of them…to quote The Onion, Holy Fucking Shit. He seriously believes the steaming pile he’s been hand-flinging.
Wow. Just…wow.
TLDR
Are you under the impression that it’s only going to be one next big thing? Do you think there haven’t been any “next big things” since, uh, slice bread?
You looked hungry, I thought I’d feed you. You’re kind of like a troll version of a tamagotchi. In 15min my computer will buzz and tell me to feed you again.
Tell me more about how all the biotech jobs have left the US, my wife was wondering why she still had a job, maybe what she’s doing isn’t biotech. If you 'll excuse me I need to talk to my lawyer about filing various lawsuits against various teachers and profs. You know, the ones that taught the economics courses that I took, at an accredited university.