On the flip side, that is one guy that created 40 000 jobs in his career so far? that is really quite amazing. If that was me I would sleep very soundly with a smile on my face. He should just get up, and do it again.
22 years of job creation wiped out in a day
31–40 of 54 posts
Re: 22 years of job creation wiped out in a day
#32That's the least accurate headline ever written.
Re: 22 years of job creation wiped out in a day
#33Earlier quoted context omitted.
Wich also means that America has a confortable margin to improve. Their own genius lies in pragmatism, I wouldn't bet against them when necessity joins the game.
Indeed! US was a beacon of freedom before the Bush administration, together with France. Making an analogy to free software, US is BSD and France is GPL. For example France forces its citizens to be free, like a recent case denying citizenship to a very submissive Muslim-traditionalist woman as she was admittedly waiving her rights for her husband's. Also US has a gigantic human capital with well educated population.…
Re: 22 years of job creation wiped out in a day
#34Fred is probably underestimating the number of jobs created by companies he funded. Companies always also create jobs in peripheral industries-- in their suppliers, for example, and in industries that use whatever tools they're building. The latter was particularly obvious to us at Viaweb. Lots of people based businesses on our software.
Re: 22 years of job creation wiped out in a day
#35Fred is probably underestimating the number of jobs created by companies he funded. Companies always also create jobs in peripheral industries-- in their suppliers, for example, and in industries that use whatever tools they're building. The latter was particularly obvious to us at Viaweb. Lots of people based businesses on our software.
You can't inflate one number that way one without doing the same for the other. I suspect there are more peripheral jobs created per startup-job than are destroyed per manufacturing-layoff, though.
I seriously doubt that more peripheral jobs are created per startup than those destroyed per manufacturing. But hey maybe I'm biased I did grow up right outside of Detroit.
Re: 22 years of job creation wiped out in a day
#36Earlier quoted context omitted.
Indeed! US was a beacon of freedom before the Bush administration, together with France. Making an analogy to free software, US is BSD and France is GPL. For example France forces its citizens to be free, like a recent case denying citizenship to a very submissive Muslim-traditionalist woman as she was admittedly waiving her rights for her husband's. Also US has a gigantic human capital with well educated population.…
That's a funny kind of freedom.
Re: 22 years of job creation wiped out in a day
#37Earlier quoted context omitted.
IMHO, solving the problem will be much harder than that. US is highly based on a plan of idealized life through media. A typical lifestyle of the suburbs: * Multiple cars per family and doing heavy commuting. * Huge houses with high bills and maintenance. * Consumerism based on filling those houses and cars with non-essential disposable items. All those millions living with that mindset apply those same rules at work…
It also isn't globally scalable -- consider the acres per person that the American lifestyle requires.
Re: 22 years of job creation wiped out in a day
#38Earlier quoted context omitted.
IMHO, solving the problem will be much harder than that. US is highly based on a plan of idealized life through media. A typical lifestyle of the suburbs: * Multiple cars per family and doing heavy commuting. * Huge houses with high bills and maintenance. * Consumerism based on filling those houses and cars with non-essential disposable items. All those millions living with that mindset apply those same rules at work…
It also isn't globally scalable -- consider the acres per person that the American lifestyle requires.
Progressively less over time. http://www.juliansimon.com/writings/Ultimate_Resource/TCHAR2...
If Americans, engaged in their current lifestyles, constituted the entire 6.7 billion head population of the world, less land would be required than is required today.
Re: 22 years of job creation wiped out in a day
#39Fred is probably underestimating the number of jobs created by companies he funded. Companies always also create jobs in peripheral industries-- in their suppliers, for example, and in industries that use whatever tools they're building. The latter was particularly obvious to us at Viaweb. Lots of people based businesses on our software.
You can't inflate one number that way one without doing the same for the other. I suspect there are more peripheral jobs created per startup-job than are destroyed per manufacturing-layoff, though.
So I suspect that your suspicion is wrong.
Re: 22 years of job creation wiped out in a day
#40Earlier quoted context omitted.
Now with this crisis I get it, it never did You're summing up 50 years of post WWII history into the last 10 years? Good luck with that. The economy works just fine with hat you call "waste." Nothing humans do will ever be close to 100% efficient for any length of time. We're messy that way! The bottom line is that most people the world over will generally live just within their means (or just over if there is suffic…
Have you looked at household debt vs wage since WWII? http://en.wikipedia.org/wiki/Debt-to-income_ratio What we are seeing is the unraveling of that process -- since the 30 year fixed mortgage was widely available from the FHA and the VA, the amount of debt we've been willing to shoulder has increased over time. With increased living expenses (college costs, et cetera) and flat wages, how have americans maintained th…