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originally posted by: ketsuko
a reply to: MichiganSwampBuck
Part of the problem with starting a business is all the regulatory and licensure fees. It's a huge gateway, and half of it is there because the very largest know that while it does hurt them, they can afford to take the hit and it bars new competition from entering their market.
That's what half the fuss over services like Lyft and Uber are about - the cab companies have a nice, cozy racket set up and bars other competition from entering the market without a ton of capitol to back them. It keeps the number of competitors down to where everyone can more or less make nice and keep the racket cushy for everyone without someone finding a way to undercut the market.
But Ubar and Lyft found ways to get around all that and did undercut the cab markets, and those big cab industries were getting hurt and started squealing and complaining that those services should be subjected to all the same rules and regs, meaning they had to join the club and play nice and likely raise their rates to cab racket rates at the same time.
These things bar entry, and it's the exact same impulse that has cops coming along and shutting down corner lemonade stands because some poor little kid didn't buy and license and isn't compliant.
President Donald Trump wants to blow out the number of apprentices working for U.S. companies — but it doesn't look like he'll spend the money to do it.
originally posted by: midnightstar
Back in the late 1960s to mid 1970s Middle class was the main portion of the US population .
But it was all do to the rise of industry after ww 2 The US was the first to learn mass production .
By doing so expensive items like cars and radios became common place and within reach of most people at the same time creating a job market the likes of which had never been seen .
This gave people the ability to demand better wages as there were more jobs then employs .
With the death of industry a slow decline took place now that decline is speeding up as robots take over even fast food joints .
So Trump may want to raise the poor you may hate the fact so many need welfare to live but the job numbers incress are Unsustainable .
The small gain that it really isnt anyway and the jobs all just low low class as well .
Ride the Trump train if you want but he has not built the tracks and the train will run right off them just as fast as its been put on them .
The old days are over midclass will die ( and has already been redefined to 12 $ a hour or more ) that its self is a lie .
Funny thing is we have no choice no matter what Trump does or what you want .What america did in teh 1960ds could not be sustained ether .
after all you can only consume so much and what happens once the market is flooded ? well look at wale world and see the value of what is there .Supply and demand will quickly end profits .
It will quickly get to the point companies are making pennys to the dollar and that is the end .
after all look at a bik 1 $ they make pennies on it
originally posted by: stormcell
Industry didn't decline - it was given away to the Far East in order to better share the wealth of the world. This was a deal known as the Lima Declaration of 1975. First manufacturing moved to Hong Kong, then Japan, Taiwan and China. It used to be that "Made in Hong Kong" was something we joked about. But in time, each country moved from manufacturing to service industries like imports/exports and manufacturing moved to somewhere else. Shipbuilding was usually the first to go, then automobiles and finally electronics.