When we lost hourly work to Mexican labor, we said we still have our

[KlatooBNikto]

manufacturing base;when we lost manufacturing to Mexico and China we said, we still have our service sector that requires high technology.When we lost high technology jobs, we are hanging our hats on jobs in Banking, Insurance, Medicine,Law and other professions. It is now midnight.Most of the jobs, high and low paying, are gone.

Like the song says to Bush,"Bad boy, bad boy, what you gonna do"

[tx_dem41]

1. What would you do? n/t

[KlatooBNikto]

2. I would bring in managers who, in return for a piece of the pie give up

all perks and salaries until the company gets back on its feet.After that, the managers will be given the choice to issue stock to workers and put everyone on an incentive plan like Ken Iverson implemented at Nucor. That would tie each person's income to their productivity and make the corporation self sustaining.

[tx_dem41]

3. Not a bad start.....

...but how does it keep jobs from being outsourced?

BTW, our company instituted an ESOP about 10 years ago. I think it has been a huge benefit to the employers.

[KlatooBNikto]

4. That is a far trickier problem unless our government gets involved and

levels the playing field by insisting on labor and environmental and safety standards abroad that we have at home. We could also tax those corporations that have received tax breaks at home and start outsourcing.Those that have not received such breaks will still be free to do so, if they wish.

[tx_dem41]

5. I agree with you on your points ...

...other than I would just take the tax break away from the company...more efficient than giving them a tax break, and then raising their taxes.

[The Trucker]

6. Two ways to go

The first way to go is to keep the private land system and the
patent and copyright systems we have where land owners and
monopolists benefit from reduced wages and outsourcing
and H1B visas and illegal immigration and all the rest. The
other way to go is to gradually move to a land rent system
of very limited patent life where the users of land and the
owners of intellectual property will pay a rent to government
(a tax) for the use of the land and/or a patent protection
fee. It is a free market where any and all persons can bid
to pay rent or patent fees out of the interest and wages
that they derive from use of the land and patents.

A simpler solution is to tax assets instead of taxing income
or consumption. A 2% tax on all assets in the USA would provide
more revenue than the current income tax code. If there is
no tax on wages and the rich of this nation must bear the
burden of taxation (as they should) then there is simply
no problem with unemployment caused by outsourcing.

Even simpler is a return to the tax code of 1958 where
unearned income in excess of a million bucks was taxed
at 90%. All of these proposals tax economic rent as opposed
to taxing actual production and consumption.

http://GreaterVoice.org/econ/glossary/Economic_Rent.php

Unless and until we start taxing economic rent as opposed
to income and consumption illegal immigration is a threat
to the well being of every middle class American.

[Cleita]

8. Welcome to DU.

You still assume that we can work within the system, however, what the PNAC and Karl Rove are trying to destroy our Republic with massive debt so that they can install a new global and military government to rule the world. As soon as everyone wraps their mind around this truth then maybe all of us can unite to kick them out. There is still time to do this.

[newyawker99]

9. Hi The Trucker!!

Welcome to DU!! :toast:

[Cleita]

7. What hourly work did you lose to Mexicans?

The Bush administration is on a campaign to ruin our economy so that our Republic collapses under the pressure and then they can start a new government that will dominate the world with military strength and fright. Also, blaming another demographic for taking your jobs or making your life harder is another divise tactic used to dominate you.