American Economy/Bring Back Our Jobs

jobs back 2 big

Don’t Ask For What You Want, Because You Might Get It

For the past eight years and longer Republicans have pined for “smaller” government and have promised that if we use a “trickle-down” approach to the American economy, cut taxes on the wealthiest Americans, and endure a few years of austerity the economy will come roaring back. Republicans have held the economy in place for both Obama terms and I don’t think anyone is experiencing a roaring economic upturn. Job growth has been slow and steady, economic growth has been somewhat stagnant. Along comes Donald Trump who promises that he will bring back our jobs that America lost by bringing back the corporations that offered us those jobs.

But what I see whenever I hear this nonsense for the umpteenth time is Republican double-speak covering over the America we will actually have to become in order to bring back those jobs that everyone seems to mourn the loss of. What I see is the possibility of much lower salaries, non-existent or powerless labor unions, a lower standard of living, and employees who work whatever hours the corporations require with few, if any benefits. The corporations will demand much more control over their “own affairs” which will entail drastic deregulation, which Republicans also favor.

The GOP believes (or pretends to believe) that unfettering capitalism will bring an astounding renewal of our economy like the first great flowering of industry at the turn of the 20th century. The Tea Party folks who demand, out of some kind of misplaced nostalgia, that those jobs must be returned to America are not really facing the facts that the old reality can never be reproduced and the new reality may not match their expectations.

What we might get is some kind of “bizarro” America that I (and others) call the Corporate States of America and it answers the demands of an alliance of some pretty strange bedfellows. The Tea Party (which includes truckers, displaced workers, farmers, and rural-garage talk-show lovers), and Big Business have a lot in common these days (sort of in the same way that buffalo and wolves have a lot in common). The Republican Party is the body pillow between the corporations (Big Business) on one side of this big bed and the conspiracy theory lovers (The Tea Party) on the other side. Donald Trump is snuggled up in there somewhere (you decide where). These three groups have one main thing that puts them together in that very small sector at the center of a Venn diagram of that bed. They all want a federal government that is smaller in three ways:

  1. Lower taxes or no taxes
  2. Fewer services or no services
  3. Fewer rules or no rules

This unholy marriage has been arranged by right wing media and the Tea Party and it could be sanctified through a sweep by the Republican Party in the 2014 midterms (done) and the 2016 Presidential election (on its way). Then we could find ourselves living in the Corporate States of America. Perhaps we will pledge allegiance to and sing that new anthem of unfettered Capitalism “from sea to fracking sea”. I’m guessing that most of us will hold a permanent role in the poorly paid worker class that will finally allow America to once again be the number one manufacturer in the world. The only problem is that we will no longer be America. That’s one of my most nightmarish visions for a “bizarro” America that we could belong to in the near future.

jobs back big

Don’t Wish for What You Don’t Want, Because You Might Get It

Actually, keeping that creepy bed in mind you really need to think about whether or not we want our corporations to come back at all. They cannot realistically make the move unless we drastically reduce the standard of living in America. And while you may think bucks are a bit thin on the ground right now, our economy would have to go much lower before these companies will come “home”. Here are some of the wages employees make in China, Southeast Asia, and Mexico:

China

Since 2001, the United States has lost 2.8 million manufacturing jobs to China — that despite U.S. factory workers being far more productive.

Partly, it can be explained by China’s cheaper workers: The average hourly wage for Chinese manufacturing workers is less than a tenth that of their average U.S. counterparts, according to the Bureau of Labor Statistics.

It being about twice as cheap to live in China, those lower Chinese wages go further. But Chinese factory workers also tend to work longer hours, making them more appealing to some employers

http://www.huffingtonpost.com/2012/03/08/average-cost-factory-worker_n_1327413.html

Southeast Asia

Comparative Wages in Selected Countries
July 29, 2016

 

Country/City Daily Minimum Wages Monthly Wage Exchange Rate
Per US$1*
In Country Currency In US$ In Country Currency In US$
Bangladesh (Taka) 176.67 b/ 2.21 5,300.00 1/ 66.42 79.7982
Myanmar (Kyat) 3,600.00 a/ 2.99 108,000.00 2/ 89.63 1,204.9700
Mongolia (Tugrik) 6,400.00 a/ 3.11 192,000.00 3/ 93.20 2,060.0000
Lao PDR (Kip) 30,000.00 a/ 3.65 900,000.00
4/
109.38 8,228.3900
Pakistan
(Rupee)
333.33-400.00
a/
3.16-3.79 10,000.00-12,000.00
5/
94.86-113.83 105.4230
Cambodia
(Cambodian Riel)
18,666.67
a/
4.67 560,000.00
6/
140.00 4,000.0000
Vietnam
(Dong)
80,000.00 – 116,666.67
a/
3.55- 5.18 2,400,000.00 -3,500,000.00
7/
106.54-155.37 22,527.5000
Indonesia
(Rupiah)
36,666.67 – 103,333.33
a/
2.80- 7.88 1,100,000.00 -3,100,000.00
8/
83.93-236.53 13,106.2000
Philippines/XI-A(Peso)  317..00
9/
6.72 9,510.00
b/
201.56 47.1823
Philippines/VII
(Peso)
295.00- 353.00
10/
6.25-7.48 8,850.00 -10,590.00
b/
187.57- 224.45 47.1823
Philippines/III
(Peso)
313.00- 357.00
11/
6.63-7.71 9,390.00 -10,920.00
b/
200.42- 233.07 47.1823
Malaysia
(Ringgit)
26.67 -30.00
12/
6.57- 7.39 800.00 -900.00 199.02-231.44 4.0614
Philippines/IV-A(Peso)  267.00-362.50
13/
6.04-8.02 8,010.00 -10,875.00
b/
181.21-240.66 47.1823
Thailand/Bangkok
(Baht)
300.00
14/
8.59 9,000.00
b/
257.61 34.9369
China
(Yuan Renminbi)
27.67 – 60.27
a/
4.15 -9.11 830.00 -1,820.00
15/
124.61-273.24 6.6607
Philippines/NCR (Peso) 444.00-481.00
16/
9.62-10.41 13,320.00-14,430.00
b/
288.67-312.19 47.1823
Taiwan
(Taiwan Dollar)
920.00
17/
28.77 27,600.00
b/
863.19 31.9745
Hongkong
($HK)
260.00
a/
33.52 7,800.00
18/
1,005.61 7.7565
South Korea
(Won)
44,640.00
19/
39.57 1,339,200.00
b/
1,187.20 1,128.0300
Japan
(Japan Yen)
5,424.00 – 7,280.00
20/
51.69-69.37 162,720.00 – 218,400.00
b/
1,550.56-2,081.13 104.9430
New Zealand
(New Zealand Dollar)
94.40 – 118.00
21/
66.91-83.64 2,832.00 – 3,540.00
b/
2,007.37-2,509.21 1.4108
Australia
(Australian Dollar)
138.32
a/
103.96 4,149.60
22/
3,118.83 1.3305

 

http://www.nwpc.dole.gov.ph/pages/statistics/stat_comparative.html

Mexico

Manufacturing average income – in pesos $551 per month, $353 in dollars

http://www.worldsalaries.org/mexico.shtml

http://www.businessinsider.com/mexicans-get-paid-less-for-their-work-than-any-other-developed-country-2015-7

Overall list

https://en.wikipedia.org/wiki/List_of_minimum_wages_by_country

Clearly if the cost of living in America stayed where it is now these wages would never support individuals or families. If the cost of things fell dramatically in order to match up with the wages what would America look like then? Would it look like the 1950’s when my father was able to barely support 10 people with $10,000/year? The wages we are talking about don’t even get us the 50’s back. Would we look like a more medieval culture with the very poor essentially in serfdom to the very rich? Are you sure you want your jobs back?

We haven’t even talked about the pollution our beloved factories left behind, both the stuff they told us about and the hidden wastes they never remembered to mention. We could have the smog that hung over our cities although I doubt that is something any of us have missed. There are valid things that we really do miss without our factories and the corporations they made things for, but I am starting to picture a viable future economy, however slowly it is emerging, without them. When Donald Trump promises to bring back our jobs, obviously that does not sound quite as positive to me as it does to some of you.

This is the view from the cheap seats.

(This article appears on my website http://thearmchairobserver.com/ in a more rudimentary form. Look in the archives dated 4/17/2014.)

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