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raindoctor
2012 Aug 20, 8:15am
I, for one, think that maybe its time to increase the cost of living. Whoever thought that you should get to live free of charge? Best you always remember, that you owe someone else for the right to live, and it doesn't come cheap!
I am all for it!! However, I hate the way things go: they are too slow for me. Accelerating the changes help bring in changes: otherwise, it is like kicking the can down the road!
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Politicians, economists, private citizens, public and private unions all want to have highly paid jobs. Not many such jobs exist. Why not these folks focus on cutting down the cost of living? For instance, food is damn cheap in the states. In countries like India, those in Africa, majority of their earnings go to the food. In the states, majority of it goes to paying rent (mortgage), health insurance, etc.
Manufacturing jobs are not coming back: even Foxconn in China is replacing humans with robots. JC Penney is replacing cashiers with self-check out counters. Big expense items for any company is labor and their health insurance. Companies, in order to beat the competition, find creative ways to cut down these expenses.
Why don't academics, thinktanks, politicians, economists, focus on CUTTING down the cost of living? Why waste time on generating highly paid jobs, only to have these wages taken away by rentiers?
What do you say?
#housing