Originally Posted by Loneiguana
You talk like a person who has no idea that the German automotive industry pays double what our American corporations pay and stayed profitable during the recession.
You actually believe the myth of an overpaid American
But keep believing this myth of bad jobs. . You think any company is going to keep a job that doesn't make it a profit. All jobs exist to make a company profit. Are you drunk? what jobs are you even talking about.
Yes. Many human jobs can be more effectively and more cheaply replaced by machines. Strict HR policies and unions keep bad employees in good jobs. They not only suck up resources to provide no benefit, their incompetence adds cost when they make mistakes.
The german automotive industry can afford to pay double because they are really, really good at making cars. It's not like Germans are known for making the best cell phones or computers. Comparative advantage says when your country is great at something, invest more in that. That's exactly what the Germans are doing. They have tremendous experience, car intelligence, a tremendous brand reputation, and a work force that is obsessed with cars. It works for them.
The only bad jobs are the ones that need to be subsidized by the government through the social safety net.
There are a great deal of negative value jobs out there. You look at the layers of bureaucracy in government alone, and you're going to tell me all those government jobs are necessary?