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Topic History of: Unemployment - Biggest DROP in 11 years !
Max. showing the last 5 posts - (Last post first)
Author Message
In The Know Alt-ITK wrote:
Ever advancing technology has replaced ever more human labour in the production and distribution of goods.

Yes - just like I've always said.
Even the village idiot used to get a job at the pit (probably as a prop holding the roof up !!!)

These days, thickies are NOT required.

So, those who have wasted their educational opportunities will only have themselves to blame.

One good thing .... their siblings will see them wither and waste, with never having any clothes or money, and will be determined to do well with their opportunities.
Alt-ITK Figures ? Stats ? Do the math !

Following Thatcher's, all but criminal, 1980s planned unemployment with millions on state-benfits then paid in billions from UK Oil & Gas funds. If David Cameron has any competance whatsoever, he will be aware of technological unemployment ever since the 1790s. Ever advancing technology has replaced ever more human labour in the production and distribution of goods.

The workers newly employed in connection with the new technology will always be fewer in number than those replaced - otherwise the efficiency gains cannot be made that must justify the cost. Our government has been deficit spending for decades to cover unemployment benefits necessitated by this phenomenon, and has now had to start laying off public sector staff to try to bring its leviathan national debt under control. But the conditions that created the deficit are stronger than ever meaning the collapse of our economic ponzi scheme is a mathematical certainty.

If Cameron actually believes he can not only halt but reverse the deficit, he is completely lacking in the crucial knowledge of how the system works, and is also criminally incompetant.
In The Know hedda wrote:
shades of Mitt Romney and the 49%

The ones who pay ALL the bills !

How long would we last left to your lot (and where would their dole money come from)?
hedda In The Know wrote:
hedda wrote:
it isn't your money unless you pay a few billion pounds in tax a year.

Collectively, we workers do ! (to keep feeding the scroungers)


shades of Mitt Romney and the 49%
In The Know bh wrote:
"I only buy what I can, with in my own budget & do NOT believe in debt". Which the public should also be doing. If you can't afford it, you can't have it.

Excellant advice.

Greeks please note .... loonies also !