The other problem that China has is that the ratio of boys under 15 to girls now is about 1.2, much higher than any other country. This is because if the "first" child was a girl, many families, wanting a boy ended the pregnancy. Another difficult demographic shift, both for China, and maybe some of her neighbors.
A number of autonomous auto manufacturers have already said that they will take the blame in the case of any accidents caused by their cars, including Volvo, Google, and Mercedes. They don't want to wait for governments to write the laws, and they want to get their cars on the road.
They also know that the number of accidents will drop by more than 90% when all cars are self-driving. Taking drunks, texters, speeders, and coffee spillers away from the wheel will cut accidents by a lot! With the car manufacturers taking responsibility, car owners will no longer need auto insurance. These cars are going to put auto insurance companies out of business, as well as a lot of ambulance drivers, and auto body repair companies, as well.
More jobs automated away!
The average age of cars on the road now is just over 10 years. That means that as soon as autonomous cars start selling, half the vehicles on the road will be self-driving in a decade, and almost all of them in 2 decades. Big Semis may switch to autonomous driving even quicker, because a driver who has to drive his own rig just won't be able to compete with a truck that can drive itself 24/7.
Jobs can come back to the US? which jobs? Those jobs punching out door panels with big automatic punch presses in GM assembly lines? Those jobs with robots soldering chips into circuit boards for IBM? Those jobs with robots flipping burgers at the local burger-doodle? Those jobs with robots moving books in a big warehouse? Those jobs selling recorded music online?
With the tools that we have now, one person working 30 hours a week can make everything that his (or her) family of 4 needs, on average. American productivity has been increase 1%-2% a year for a century or more. In the manufacturing arena, productivity has been growing by more than 4% a year for the past couple of decades or more. Manufacturers have been taking advantage of those productivity increases for years. They can simply lay off 4% of their employees every years, and they keep output constant.
We are going to need to figure out what those people being laid off are going to do, as their jobs are gone. Perhaps you hadn't noticed, but US manufacturing output is up by about 25% over the past couple of decades, while our manufacturing employment is down by a similar amount. Productivity increases. The need for workers drop. Supply and demand, exactly how our capitalism works. How do you plan to change that?
We just don't need any more cars, dishwashers, or cement blocks. What are all those people who used to be needed to make those things going to do?
And it was certainly an unwarranted wage hike in 1913 when Henry Ford developed the assembly line and wages jumped from 0.22/hour to 0.30/hour.
So now, you think it's best for our country if the middle class make so little that they can barely keep a roof over their heads - and those who can't find a job must simply get government unemployment, maybe, while the 1% who own the machines (and the land) get all the profits and income?. Just like it was done in Europe in 1300, and in Georgia and Mississippi in 1840!
Exactly. voting fraud is done by those who work at the polling places, or sometimes with absentee ballots. The best way to make sure that that continues is to create laws that allow people to think that they've done everything needed to control it, when it reality, they have done nothing.
Tell us. Which ID card do you need to send in when you vote with an absentee ballot? The military. Overseas workers. Student and travelers? The elderly, or ill.
I told you about that years ago. Why not use those robots and other machines? They work 24 hours a day, 7 days a week.That machine will replace 4 , 5, or more workers, and their paychecks. (But one of them might find a job as the guy who comes in a couple of times a year to make sure that it's still working OK). Millions of jobs are being replaced by the machines, secretaries, fender painters, bolt tighteners, warehouse workers, book sellers, truck drivers, burger flipper, and many more.
Whatcha' going to do about it?
Of course Trump's correct on this. We've got a lot to do to protect our property, and our nation from the effects of global warming, and he knows it.
Which Muslims to let in? That's easy. The ones who come here in their own planes.
What's going on? If he were elected, he will be waiting for the next 4 years trying to figure out what is going on. That's what happens if you elect someone who has no idea what is going on!
But no American leader would even consider jumping to (incorrect) conclusions and then using those imagined actions to spend trillions of taxpayer dollars and waste thousands of American soldiers' lives. That's not even a remote possibility, right?
I don't know about Trump, but successful investors will be investing heavily and taking risks, regardless of what the tax rate is. Smart investors invested when the tax rate was 90% in the 1950's. They are investing now, and they will continue to invest in new businesses if their tax rate were 35%, 45%, or 55%. Taxes are paid on profits taken out of a business, not on money invested to pay employees and to grow the business. (But this is just most tax expert's summary of thousands of pages of tax law...)
Yes, health care price increase have been double digit - 10 or 15 years ago. Now, not so much. At least that's what we've see with our insurance and heath care costs over the past decades.
The ACA was a very big bill, and now law. With any such big bill, there will always be some problems, as we've discussed before. In every case in the pst, with similar big new laws, ther have always been a few corrections made by Congress, in order to correct the problems that arise. So far, this time, Congress has refused to even to discuss a bill to fix the know errors, which might fix the problems that we all know exist.
Sadly, that seems to be the current Congress' MO now: Do nothing. Do nothing about heath care. Do nothing about our foreign and military policy in the Middle East. Do nothing about our income tax laws. Do nothing about out energy plans. Do nothing about our strategies to address changing weather patterns. Do nothing about all the open judge ships, committee seats, and chairmanships. Congress should be in session for 10 hours a day, 6 days a week until these big problems that exist are addressed. But, instead, Congress has spent more time on vacation, at home, that any recent Congress.
Doing nothing ever fixes a problem, whether it's in your own home, in a business, or in our national government. In fact, in most businesses, doing nothing is clear grounds for being fired. We'll soon see how many of the existing do-nothings in Congress are fired this year.
Where's the evidence that terrorists had anything to do with this crash? It's always a very bad idea to make assumptions and then make decision based on those assumption. The current president's predecessor did that and ended up costing taxpayers trillions of dollars that were spent on invalid assumptions, and the resulting poor decisions. Wait for the facts so we can do the right things, rather than the wrong things that would make the situation worse. I expect that US ships are already headed to the area to help in the search.
Actually, although you may have missed it for some reason, the 8 years of utter and complete failure was the previous 8 years, not the most recent 8 years. you may remember:
- A terrorist attack, that some had predicted, but the president didn't listen to the predictions and did nothing.
- Two unnecessary and useless big wars, with thousands of American deaths, which just made things worse.
- No plan to win those wars, or even for the military occupation of Iraq.
- "Mission accomplished"
- No jobs created, and the 8 year term ending with the monthly loss of about 750,000 jobs every month.
- Banks that were allowed to create a financial nightmare, which resulted in the failure of dozens of banks.
- A stock market crash.
- Skyrocketing federal deficit.
- Non-existent Katrina emergency support.
- Misguided, or non-existent school reform and energy policy.
- Only recent president to preside over 2 terms of falling household income.
Although he did create the largest ocean preserve offshore from Hawaii, he mostly presided over missed opportunities and very bad decisions, leaving America in much worse shape than when he was sworn in in 2001.
The more recent 8 years has been spent fixing all these failures, and there is still more that needs fixing.
And the US companies won't care much. they'll just raise the prices of their cars and appliances by 500%. (Actually not quite that much, as steel is not all the materials that they use, but consumers, both Republican and Democrat will be the ones who pay for this. The only people who get hurt by duties like this are the people who want to buy the products.
But China does have a big steel problem. They have at least twice as many steel plants as they - and the market - need. the world is just not using as much steel as we can make, and will probably never need that much steel.
"I expect them to do as they had always done prior to H1B Visa's - compete for workers - driving up wages"
Yes, Springer, that method worked well back when we were making woolen underwear, and iron rimed wheels for carts and wagons., for our own use. But, fortunately, things have changed, and companies are now building electronics, cars, and many other things for sale, worldwide. It doesn't matter where they make the stuff,so they are going to do it wherever in the world it's best for them. Most all companies are going to have a very hard time if you try to tell them to do things the way they did it back in the19th century.
But I do agree that there is no dire shortage in labor here. Just small shortages in a few areas, adding up to no more than half of 1% of our total workforce, jobs which are filled by h1b workers.
Republicans here have recently (in the past few days), getting phone calls asking who they would vote for if Romney were running for president against Clinton and Trump.
If Romney did run, he doesn't need to win the election, he just needs to win enough electoral votes so that no one gets the necessary 270 votes. The top 3 (presumably Clinton, Trump, and Romney) would be the candidates for president in an election in the US house. Given the current makeup of the House, it would be hard to imagine either Hillary or Trump winning.
Romney wouldn't need to even register to run in most states. He would only need to win 2 or 3 states (even small ones), if the race between Clinton and Trump was close.
There is a path for an establishment Republican to will the presidency, if he works carefully.
Super-delegates don't need to chose who to vote for until they cast their ballot at the convention. that's what happened in 2008, when Hillary thought she had the majority of the super-delegates during the primaries. But by the time they arrived at the convention, with Obama holding the majority of the elected delegates, the super delegates ended up going with the vote winner. .I'd be very surprised if the super delegates didn't end up supporting the vote winner this time, too.
Republican super-delegates will also end up supporting the primary vote winner at the Republican convention, as well. that's just the way it works.
So what do you expect American companies to do in the areas where demand is strong, and there are not enough workers here to fill those specific jobs? The answer is actually easy for any company. If a company can't hire the workers they need locally, and they can't bring in workers from abroad, then those companies will simply move their factories and offices abroad to countries where the workers exists. Companies will simply move their businesses to places where they have the greatest advantage. There is simply no way to stop them from doing that. (Well, the USSR had ways to do that, but I don't see us using the methods of the USSR to control what our companies can and can not so any time soon.)
"Just in time parts deliveries from suppliers eliminate warehousing and reduce the employees needed to build a car."
finally, in your last sentence, it appears that you may understand what has happened. And you also must know that in addition to JIT deliveries reducing the number of needed employees, the fact that no employee now paints a fender, tightens bolts, or welds frames together also reduces the number of employees needed. That's why the total number of employees needed to build a car has been reduced by more than half over the past 3 decades, or so. Labor makes up about 1/4 of the total cost of making a car, Reducing the cost of labor is probably the easiest way to cut the cost of building that car.