Re: Postdoc jobs from multiple companies can be found on indeed.com

On Jun 8, 5:38 am, Straydog <a...@xxxxxxxxx> wrote:
On Thu, 7 Jun 2007, morrisjc...@xxxxxxxxx wrote:
I think in the US there will be a big shortage of that talent....
however not abroad, a half starved chinese PhD in engineering can
spend all the time he needs to come to world class levels on that
software, and the work can be sent back and forth in PDF files etc.

Eventually India and China's labor may end up becoming "expensive"
too,

If the US wanted to slap tariffs on imported good and (somehow) imported
labor, the trade deficit would be gone overnight.

Why this does NOT happen is "the noise" from economists, and the fact that
big business in the US has the govt in their pockets (our plutocracy, not
democracy) and our govt tells us the story that "all this is good for
keeping prices low for all you 'underlings'" but the real story is "hey,
all you CEOs, anything for your profits as long as we keep getting
campaign money donations."

such as what happened in Japan and Germany over the last 60+
years. Though how long this will take to happen is unknown,
considering the population of these two countries is in the billions.
One day the birth rate and population growth may very well start to
become negative in India and China too. When this day will come, we
may already be deceased. Maybe generation-Y and successive
generations will live to see it.

The reason you are not seeing "made in Japan" stamped on imports any more
is that the factories owned/operated by Japan are not in Japan any more,
but China. Japan loves to make high net profits, China loves to get its
economy up to speed, and most people in the US (except those whose job got
offshored and now can't find work except Walmart, etc., if they can find
anything) love cheap products. Where will we be in decades?

I was also spending my money in the US, furthering the broader
economy. much of the HIB and illegals money is going
offshore.....accompanied by a huge sucking sound.

Maybe our glorious govt can fund its civil service retirements ( up to
10x or 15x !!the average in the private economy, police and fire at
10x) by going after the half starved engineers turned handymen, in
competition with illegals with contractors licenses no less.

The government will most likely solve this problem by the path of
least resistance: printing up money over a long period of time.

Nah, even better. Not enough people know that banks actually create more
money than printing ever will. The only thing you have to do is keep the
economy going. For every dollar you deposit at the bank, the bank loans
out 95 cents of it the next day, which gets deposited into another bank,
and then 90 cents gets loaned out the day after, and the cycle goes on.
This is in all of the books on banking that I've seen. All you have to do
is read it and scratch your head. As long as the economy keeps going, we
don't have to worry. You need to read Edward Griffin's book "The Creature
from Jekyll Island" to learn what may be the biggest dirty secret of life:
how money works. Much better than Galbreath's book on Money.

indeed I should read it... in the meantime do you have a short
review.

my guess, is that money is only a medium of exchange after all, not
the good itself, so that as long as the people can be coaxed into
producing goods and others lent enough money to buy them, all is well
in river city.

not such a bad premise either.

My life has been in trouble shooting various types of systems though,
so when I see a pig flying though the air, wonderful at it is, I start
looking for lipstick on it...once with the lipstick and you know
someone has put it on...its bogus.

accordingly I look for an underlying basis... vastly skinnier pigs
with wings? that would work... or maybe the pig is still fat as hell,
no wings..and is flying... was it shot out of a cannon? something is
behind the flying pig thing you see.


underlying any nations economy are both interim economic cycles, and
the life cycle of the host nation and peoples... at the end of the
latter cycle there are indicators.... skyrocketing exponential bloat
in the size of govt, production declines because of a lazy and/or
insufficient work force (due to over taxation by govt of the working
class, to fund the govt bloat). criminality ensues, wars are begun
to get the natural resources of other nations (vital at that point to
survival as production has gone to hell),,, the cost of the wars
bankrupt the nation.. with no strength in its people to fall back on,
govt collapses..... the nation reboots on the remnant....100 years
later it is viable again.

we in the US regardless of how we do our medium of exchange are fast
becoming non competitive in the world market, that translates to no
income besides loans...the current condition to a large extent.


When current actual income is less than the loan payments the nation
defaults,, loans cease, and collapse ensues.... even if they print or
the banks spin into being a billion dollars a second... its all
bogus. the world knows it.... there is insufficient production to
dig out of the mess.




Phil Scott

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