‘Cheap manufacturing be damned’: Sentiment builds for moving U.S. companies out of China

I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.
We are in economic free fall now thanks to china dominated globalism
We are in free fall because of our poor leadership.

What does leadership have to do with it? Remember it's Trump who instituted travel bans, and the Democrats who criticized it. It was Democrats who passed a bill to eliminate Trump's power to ban travel without their oversight, and that was in early March. When this first started to threaten our country, Trump stopped travel from African countries, and Piglosi said it was due to discrimination.

Just look how Democrats are acting, and you'll get an idea of how much trouble we'd be in today if Hilary did win. Better thank your God that Trump is in charge today.
Did he have us prepared with enough tests? Did he really ban people from travel? It got here somehow. The country is shut down, clearly enough wasn’t done. Check the tweets, trump just recently started taking this seriously.
The primary responsibility for healthcare during epidemics is the hospital, city, county, and state in that order
The country is shut down. We weren’t prepared.

Sure, we'll just cut social security, to pay for endless amounts of preparedness.

This is ridiculous. How do you prepare for something no one could know about? How? Where do you think you have the money to hire hundreds of doctors? Where are you going to get the hundreds of billions to build, supply and staff, hundreds of hospitals across the country.... just in case.... something happens?

Ridiculous.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.
We are in economic free fall now thanks to china dominated globalism
We are in free fall because of our poor leadership.

What does leadership have to do with it? Remember it's Trump who instituted travel bans, and the Democrats who criticized it. It was Democrats who passed a bill to eliminate Trump's power to ban travel without their oversight, and that was in early March. When this first started to threaten our country, Trump stopped travel from African countries, and Piglosi said it was due to discrimination.

Just look how Democrats are acting, and you'll get an idea of how much trouble we'd be in today if Hilary did win. Better thank your God that Trump is in charge today.
Did he have us prepared with enough tests? Did he really ban people from travel? It got here somehow. The country is shut down, clearly enough wasn’t done. Check the tweets, trump just recently started taking this seriously.

My point is Trump is doing a great job; much better than Hillary or any other commie in the Democrat party, who's sole interest is to flood our country with immigrants, even at the loss of American lives. They've done it in the past, would do it today, and will do it in the future.

Trump acted the day he got the memo from the WHO. As for test kits and testing in general, that was all held up in bureaucracies which Trump can't control. The Democrats would have had a shit fit if Trump went against the orders of the FDA or CDC. They are the ones to blame for the test kits--not Trump.
Only repubs would cheer the country shutting down . You have some imagination.

Hilarious....

Left-wingers "Trump is screwing up! He's not taking Corona seriously! He isn't taking enough action!"

(trump shuts down half the country)

Left-wingers "Trump is screwing up! He's shutting down half the country! Only Repubs would cheer the country shutting down!"


Hypocrites hypocrites everywhere.
You think the country shut down is a sign of success?
Acting on the advice of the so-called “medical experts“ America is shutting down in most deep blue liberal cities and states
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.



If the dialysis centers are being especially cheap, just about everyone in it, could transfer to another modality, sometimes without any training.


I'm just not seeing this factor as the answer that you think it is.


Supply and demand are the wide ranging issues, that can effect EVERYTHING at once.
I'm amazed you believe it is trade even though all the evidence says it's not, but then you are so resistant to something with so much evidence. Just amazing. Again, the wage market is clearly not healthy. Really low unemployment and labor shortages should increase wages.


Trade and immigration means that American labor is competing almost directly with Third World labor.

I'm amazed you DON'T believe it is trade.
Look at what the employment rate has been. We have labor shortages. Blaming trade makes no sense. If they are stealing our jobs why do we have so many?


Not stealing jobs, suppressing wages.

I don't think they are even suppressing wages. Seriously, look at wages between the US and virtually anywhere in the world.

We have the highest wages on the planet. We have wages higher than 1st world Europe.

If you think our wages are being suppressed... then compared to where? Where in the world can you get paid more money to do the same job we do here?

Where?

If trade or competition with 3rd world countries is keeping wages down..... then they are doing a really sucky job at keeping wages down.


Compared to the way that wages used to rise with productivity. Which has not happened in decades.

That is factually not true.

There are only two ways in which people claim wages have not risen.

One: they look at household income.

The problem with looking at household income, is that society has drastically changed. For example, prior to the 1970s, it was common for kids to live at home while going to college, and then often to continue to live at home until they were married.

That has changed. Kids will often leave home as teens, and stay living by themselves until they are married. I myself, am in this group, as I have been living alone since 1999.

Additionally people tend to get married later in life, and divorce is also high.

So lets compare what was normal in the 1970s, verses today.
1970s, you had two adults working, one making $60K, another making $40K, and say a teenager making $15K. Household income $115K.

Now fast forward to today, and you have two divorced people and a kid living on his own. You have three single person households, one with $60K, $40K, and $15K. Average household income, $38K.

So these change in the culture, has depressed the statistics on wages. On a person by person basis, there is no evidence whatsoever, that wages have fallen. I would challenge you to point to a single job anywhere, that if you look back 10 to 20 years, was paid more money back then, than they are now. No such job exists.

When I started working at Wendy's, the starting wage was $5.25. That exact same Wendy's location, in the same suburb, now is offering $10/hr to start.

There is another problem with measuring average wages. This has to do with unemployed and immigration.

Typically immigrants have zero-skills. Also typically, people living on welfare, are more often than not, are zero-skill labor.

When unemployment goes down, this results in depressing the average wages, because these people are not immigrating into the US from Mexico, and practicing law for a major corporation. They are not filling out applications at hospitals for brain surgeon. And the same is true for welfare queens, and people who spent the last 3 years on government assistance.

Now this isn't a knock on those people, just a fact. If they were skilled aerospace engineers, they wouldn't be on unemployment, or immigrating generally.

So logically if you have 100 people, 50 earning $50K, 25 earning $75K. And 25 earning $25K. Average wage $50K.

Now add in 50 immigrants or people on welfare. Where are they going to show up on the income scale? The lowest end. 50 more people earning $25 is going to do what? Raise the average wage? Of course not. The average wage will go down to $41K.

If you want to improve average wages, there are two ways to do that. Cut immigration, and kick everyone off government assistance who is able to work.



You know what, I tried looking for studies to show wage stagnation, or falling wages for specific jobs.


All I found were studies and articles that assumed that as an already established given and then went on to address some specific angle of it, or discuss reasons, or why it isn't what you think it is, or something.


So, it is. Ignore it if you want.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.
We are in economic free fall now thanks to china dominated globalism
We are in free fall because of our poor leadership.

What does leadership have to do with it? Remember it's Trump who instituted travel bans, and the Democrats who criticized it. It was Democrats who passed a bill to eliminate Trump's power to ban travel without their oversight, and that was in early March. When this first started to threaten our country, Trump stopped travel from African countries, and Piglosi said it was due to discrimination.

Just look how Democrats are acting, and you'll get an idea of how much trouble we'd be in today if Hilary did win. Better thank your God that Trump is in charge today.
Did he have us prepared with enough tests? Did he really ban people from travel? It got here somehow. The country is shut down, clearly enough wasn’t done. Check the tweets, trump just recently started taking this seriously.
The primary responsibility for healthcare during epidemics is the hospital, city, county, and state in that order
The country is shut down. We weren’t prepared.

Sure, we'll just cut social security, to pay for endless amounts of preparedness.

This is ridiculous. How do you prepare for something no one could know about? How? Where do you think you have the money to hire hundreds of doctors? Where are you going to get the hundreds of billions to build, supply and staff, hundreds of hospitals across the country.... just in case.... something happens?

Ridiculous.
So yes? Shutting down the country is a success story for you?
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
Economists are failed authority figures? You been drinking?
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
You spend all your time supporting failed policies. Trump tariffs got us a decline in manufacturing and huge steel layoffs. You love failure.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.
We are in economic free fall now thanks to china dominated globalism
We are in free fall because of our poor leadership.

What does leadership have to do with it? Remember it's Trump who instituted travel bans, and the Democrats who criticized it. It was Democrats who passed a bill to eliminate Trump's power to ban travel without their oversight, and that was in early March. When this first started to threaten our country, Trump stopped travel from African countries, and Piglosi said it was due to discrimination.

Just look how Democrats are acting, and you'll get an idea of how much trouble we'd be in today if Hilary did win. Better thank your God that Trump is in charge today.
Did he have us prepared with enough tests? Did he really ban people from travel? It got here somehow. The country is shut down, clearly enough wasn’t done. Check the tweets, trump just recently started taking this seriously.
The primary responsibility for healthcare during epidemics is the hospital, city, county, and state in that order
The country is shut down. We weren’t prepared.

Sure, we'll just cut social security, to pay for endless amounts of preparedness.

This is ridiculous. How do you prepare for something no one could know about? How? Where do you think you have the money to hire hundreds of doctors? Where are you going to get the hundreds of billions to build, supply and staff, hundreds of hospitals across the country.... just in case.... something happens?

Ridiculous.
So yes? Shutting down the country is a success story for you?
We have not shut down the country

that decision is taken on a state by state, county by county basis

in many cases by liberal mayors, county commissioners and governors
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
Economists are failed authority figures? You been drinking?


Have you? You didn't notice when Free Trade did not deliver the promised results?
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.
We are in economic free fall now thanks to china dominated globalism
We are in free fall because of our poor leadership.

What does leadership have to do with it? Remember it's Trump who instituted travel bans, and the Democrats who criticized it. It was Democrats who passed a bill to eliminate Trump's power to ban travel without their oversight, and that was in early March. When this first started to threaten our country, Trump stopped travel from African countries, and Piglosi said it was due to discrimination.

Just look how Democrats are acting, and you'll get an idea of how much trouble we'd be in today if Hilary did win. Better thank your God that Trump is in charge today.
Did he have us prepared with enough tests? Did he really ban people from travel? It got here somehow. The country is shut down, clearly enough wasn’t done. Check the tweets, trump just recently started taking this seriously.
The primary responsibility for healthcare during epidemics is the hospital, city, county, and state in that order
The country is shut down. We weren’t prepared.

Sure, we'll just cut social security, to pay for endless amounts of preparedness.

This is ridiculous. How do you prepare for something no one could know about? How? Where do you think you have the money to hire hundreds of doctors? Where are you going to get the hundreds of billions to build, supply and staff, hundreds of hospitals across the country.... just in case.... something happens?

Ridiculous.
So yes? Shutting down the country is a success story for you?
We have not shut down the country

that decision is taken on a state by state, county by county basis

in many cases by liberal mayors, county commissioners and governors
Yeah things are going great.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
Economists are failed authority figures? You been drinking?
Are you against the quarantines ?
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
You spend all your time supporting failed policies. Trump tariffs got us a decline in manufacturing and huge steel layoffs. You love failure.

I would rather we all suffer, than to let others benefit at our expense.

If they refuse to play nice, let US refuse to play at all.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
Economists are failed authority figures? You been drinking?


Have you? You didn't notice when Free Trade did not deliver the promised results?
You can’t even show what those promised results were. I’ll be waiting for a link. You are a joke.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.
We are in economic free fall now thanks to china dominated globalism
We are in free fall because of our poor leadership.

What does leadership have to do with it? Remember it's Trump who instituted travel bans, and the Democrats who criticized it. It was Democrats who passed a bill to eliminate Trump's power to ban travel without their oversight, and that was in early March. When this first started to threaten our country, Trump stopped travel from African countries, and Piglosi said it was due to discrimination.

Just look how Democrats are acting, and you'll get an idea of how much trouble we'd be in today if Hilary did win. Better thank your God that Trump is in charge today.
Did he have us prepared with enough tests? Did he really ban people from travel? It got here somehow. The country is shut down, clearly enough wasn’t done. Check the tweets, trump just recently started taking this seriously.
The primary responsibility for healthcare during epidemics is the hospital, city, county, and state in that order
The country is shut down. We weren’t prepared.

Sure, we'll just cut social security, to pay for endless amounts of preparedness.

This is ridiculous. How do you prepare for something no one could know about? How? Where do you think you have the money to hire hundreds of doctors? Where are you going to get the hundreds of billions to build, supply and staff, hundreds of hospitals across the country.... just in case.... something happens?

Ridiculous.
So yes? Shutting down the country is a success story for you?
We have not shut down the country

that decision is taken on a state by state, county by county basis

in many cases by liberal mayors, county commissioners and governors
Yeah things are going great.
They are going great for chronic bellyachers like you who only exist to complain about the decisions of others
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
Economists are failed authority figures? You been drinking?
Are you against the quarantines ?
They better work.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
Economists are failed authority figures? You been drinking?


Have you? You didn't notice when Free Trade did not deliver the promised results?
You can’t even show what those promised results were. I’ll be waiting for a link. You are a joke.


The goal was not generations of wage stagnation and a declining life expectancy.

I remember. I did not read it online. I was there, and the goal was improved productivity and a return to winning. And it was not supposed to take forever either.


NOW? Now people are talking about the American worker being fucked until EVERY THIRD WORLD SHIT HOLE, is brought up to our level?


That is not a sane policy. That is reason to rise up and burn down the Lord's castle.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
Economists are failed authority figures? You been drinking?
Are you against the quarantines ?
They better work.
As usual you dodged the question because answering it would put you on the spot
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
Economists are failed authority figures? You been drinking?


Have you? You didn't notice when Free Trade did not deliver the promised results?
You can’t even show what those promised results were. I’ll be waiting for a link. You are a joke.


The goal was not generations of wage stagnation and a declining life expectancy.

I remember. I did not read it online. I was there, and the goal was improved productivity and a return to winning. And it was not supposed to take forever either.


NOW? Now people are talking about the American worker being fucked until EVERY THIRD WORLD SHIT HOLE, is brought up to our level?


That is not a sane policy. That is reason to rise up and burn down the Lord's castle.
Yeah where is the link? You just babble nonsense. Link to support your claim.
 
I'm 100% for it. Regardless we have to continue exports to maintain our status as world power, otherwise we'd give that status to China. If countries were to become isolated, then yes, no country would complete with the USA, we'd be set.

I think we should also end foreigners owning U.S. real estate. That said millennial's already screwed the pooch on that one. Many figured they were above property ownership. They didn't take into account they'll be paying the Chinese rent in the form of 5Kish by their 60th B-days.
Isolated countries fail economically.


To be fair, there has never been an isolated country on a scale of the US.

AND, as we seen to be destined to be fucked by any trading partner, isolation could be a competitive policy.


THe choice seems to be either be the world's bitch, or take our ball and go home.
How do you mean? The USSR failed miserably. Pretty big country.


Failed because they tried to have a big empire AND we fought them.

Not because they were isolated.
Being isolated is bad for capitalism. Very bad .


Being the world's bitch on trade, hasn't been that great either.

If only there was a third option. But there does not seem to be one.
We have the biggest economy in the world with the most wealth and we’ve had super low unemployment. Seems to be fine.


No, we're not. Our middle class wages have stagnated and our middle class and lower class have lost faith in the future.

People are dying from this shit. To the point that our life expectancy is actually FALLING.


Good macro economic numbers have been hiding generations of pain.


Try to change policy.
That is an internal problem . We have the wealth and jobs. That wouldn’t change if we were isolated.


It is not an internal problem. It is a problem caused by external trade and the inflow of labor.


Time to change policy.
What do you base that on. Again, tons of wealth and jobs. That’s the formula for good wages. If we had too much inflow we’d have high unemployment and certainly wouldn’t have labor shortages. Your claim is baseless. Learn some economics.



Because we have NOT had rising wages for the middle class and working poor.

If it is the formula for "good wages" something went wrong.
Yes something is wrong. Has nothing to do with trade. We have near monopolies, wage collusion, government corruption... internal problems have hurt the market.


How do you know which factors are causing the issue? Cause the reduction of demand, by losing so many manufacturing jobs, while flooding the labor market, seems, like two factors that could have quite an impact.
Good question. I would say you want to first start by following the money. The wealth is here, we have plenty of jobs, where is the money going? I think we know the answer to that. So then why are markets so broken? Here is a good article I mostly agree with you should read.


MARKET CONCENTRATION, the economist’s term for how much an industry is dominated by one or a few firms, touches ever more aspects of American life. From the obvious (the Amazons and Walmarts of the retail economy) to the obscure (the beer industry, which may appear diverse, is dominated by two firms), market concentration has increased in three-quarters of U.S. industries during the twenty-first century. This has had wide-ranging effects not only on consumers, but also, economists increasingly believe, on labor. “Fewer firms in a given industry makes it easier for them to have more bargaining power [over employees], and harder for workers to switch to another employer,” says Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, and former chair of the Obama administration’s Council of Economic Advisers.

Today’s labor markets increasingly look like a monopsony: a market in which there is only one buyer—the inverse of a monopoly, in which there is only one seller. The more an industry is dominated by a small number of corporations, the more those companies can control the cost of labor. Traditionally, Furman says, economists have relied on a supply-and-demand story about the labor market: “There’s a supply of workers and demand for workers, and the wage is what clears the market, just like the price of wheat is what clears the market for wheat. That explains a lot about wages, but it probably doesn’t explain everything…[T]hat research program went as far as it could.”

In the last three years, Furman explains, economists have looked to monopsony and other factors beyond market competition to explain the stagnation of Americans’ wages during the last few decades. Fewer companies in a given industry make it easier for those companies to coordinate, either indirectly or through overt collusion, to keep wages low. Think of a town with two big-box retail stores: each store knows what the other pays its cashiers, and neither wants to raise wages. Firms can also use noncompete agreements, which ban employees from taking jobs at rival companies, to prevent workers from finding new jobs elsewhere. About 24.5 percent of the American work force has signed a noncompete, according to one Brookings Institution analysis, and this number is not much lower (about 21 percent) for workers earning less than the median salary.



But wages stagnation is across the board, not limited to "given industries".
There are few industries I can think of that don't have some form of this. The use of noncompete agreements is all over.


Why are you limiting the discussion to industries? Nothing prevents labor from moving from industry to service jobs.
What service jobs aren't tied to some industry?


Financial, Medical, Food, Bars, off the top of my head.
Aren't many finance jobs for companies that might have a near monopoly in their industry? What type of medical? It certainly exists in food with huge companies like Mcdonalds. Bars? Is that a big employer?

All industry is interconnected.

Everything is interconnected to everything.



Which is irrelevant to the question. That a dialysis center might be "connected" to the local hospital, does not mean that the local hospital will not hire a nurse from the lower paying center, if the center is a bunch of cheap bastards that are under paying her.

So just as someone who has been around cheap clinics.....

I don't know the specifics of this center, but if the clinic is getting Medicare or Medicaid patients, then this means they are capped at what they are paid by the government for service.

It may not be that "They are cheap!"... it might be they simply are not capable of paying more money.


So, why don't they lose all medical staff to other services that are not capped?

So there's a reason, but you are not going to like it.

The reason is simply that the people who work there are generally bad, or they are retired who don't care, or they are students who are using the tuition forgiveness program to get their loans eliminate, and thus are just tolerating it.

People hate hearing that, but it's the reality. You have a few students fresh out of school, that are still learning how to use a needle, that are there because they are putting up with it so they can get their loans forgiven. Then you have some people way over the hill, in their 60s and 70s, who are only doing this to get them out of the house.

And lastly you have people that are just bad. People that got fired from their good paying job, because they were bad, and the hospital found them a liability. So they got a job at Medicare/Medicaid facilities because such clinics are desperate for anyone, since no one wants to work for peanuts. So they hire people that no profit driven hospital would ever hire. As much as left-wingers decry profit motive.... profit motive keeps patients alive and healing, because dead people don't pay bills.

Socialist hospitals have no such worry, since the government pays the bills. A dead patient isn't a negative at all to the finances.

So without a profit motive, socialist clinics doing Medicare and Medicaid patients, have no problem hiring unwanted Nurses and Doctors.


In, a healthier economy with a better labor market, even that would not be enough. THey would HAVE to offer better wages even to keep the dregs.


Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?


I have. It was glorious.


I want to share that joy, with as many of my fellow workers as possible.

No, that's not true. Unwanted employees can easily be held onto at below market wages. I know this because I talk to these people, and they openly tell me why they were for below market wages.

Also you need to understand a fundamental difference between typical employment, and health care employment.

When I mean that some of the nurses or doctors are bad... I mean that they are employees that private care systems simply don't want at any price.

The example I always point to, is this story from over 10 years ago, about a doctor at a VA hospital. So this guy went in for routine minor surgery. The kind of surgery that less than half a percent die in. He died, and his wife was in the hospital, when a nurse approached her, and whispered 'get a lawyer' and walked away. So she hired a lawyer and investigator, and found out this doctor had been fired from 3 private hospitals for killing patients.

But of course, the VA desperate for doctors because government run anything is crap, and pays nothing, had no problem hiring a doctor that can't get employment anywhere else, because he was terrible. Remember a VA hospital doesn't lose any money when a Vet dies. It just means the wait list is one shorter now.

That's what I'm talking about. Some of the people who work at Medicare and Medicaid clinics, are people who are so bad at their jobs, they are simply not wanted in the market. So yes, if this clinic is a Medicare Medicaid clinic, then it is likely desperate for people willing to work for less, and people who simply suck too bad to work in private clinics, will have no problem working there, even for below market wages.

Have you ever been in a position, where as the employEE, you have the leverage and your employER, needed you more than you needed the job?

Sure. I've been in that position most of my life. Out of my last... 10 employers I'd guess, at least 8 of them did everything they could to prevent me from leaving the company.

But you need to grasp that this is because I'm a good employee. I'd say at least 1/3 to almost half, are terrible employees, and them leaving is a positive more than a negative. None of these people are likely to be paid more, and most likely less, anywhere else.

In fact I've heard that first hand. "I deserve a raise! I'm worth more than this!" Ok... go get a job that pays more. (long pause) "Well no one else will pay me as much as I'm earning here"..... dur... then you are not worth more than this, are you? In fact maybe this company is over paying you, if any other employer would pay you less.

I've not seen gross incompetence like you suggest.

What I have seen is job openings that get massive numbers of applicants so there is no pressure on the employer to work to hold onto a good employee.


Or to raise wages.
Here employers complain they can’t get good people. doesn’t seem to raise wages though. The market is broke for the reasons I’ve explained.


You've explained your opinion about why that is.

Stating it again, and more confidently, is good technique.

I though, am beyond being convinced by such tricks.

Perhaps, if you do it again and with more passion? Perhaps, that will sway me.
Yes you choose to believe in nonsense you can’t even explain. Funny.


I explained it, as well as you did.
You are delusional. You made claims you couldn’t even prove. I gave you work by actual economists.


Your citing of failed Authority figures means nothing.
Economists are failed authority figures? You been drinking?


Have you? You didn't notice when Free Trade did not deliver the promised results?
You can’t even show what those promised results were. I’ll be waiting for a link. You are a joke.


The goal was not generations of wage stagnation and a declining life expectancy.

I remember. I did not read it online. I was there, and the goal was improved productivity and a return to winning. And it was not supposed to take forever either.


NOW? Now people are talking about the American worker being fucked until EVERY THIRD WORLD SHIT HOLE, is brought up to our level?


That is not a sane policy. That is reason to rise up and burn down the Lord's castle.
Yeah where is the link? You just babble nonsense. Link to support your claim.


Did you read what I posted? I did not read it online. I heard it when I was there. This is not ancient history to me, but living memory.

Are you high?
 

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