How a New Jobless Era Will Transform America

[Grallon]

The problem is that the offshore outsourcing is hitting also high skill white collar jobs, because companies and firms care only about short term bottom line.

It's everyone and everywhere.  That's what capitalism is all about, at least the dominant interpretation nowadays.   This movement will go on increasing thanks to globalization and the creation of middle-classes in emerging countries.  And let's face it, western countries are looking more and more like retirement homes full of aging citizens when the 3rd world is mostly young.

The future belongs to brown pipple




G.

[Ed Anger]

Hey, thanks for the reminder that I need to go pick up my guns. 

[Neil]

The future belongs to brown pipple

Maybe that's for the best.

[Caliga]

The future belongs to brown pipple

Maybe that's for the best.

Indeed.

[Josquius]

It's funny because I feel the opposite. I feel I missed something by not growing up in the internet, gay rights etc. era. All these things entered my life when I was in my early twenties.

Which would you rather be- flaming and in poverty or a discrete man lover and gainfully employed.

It's everyone and everywhere.  That's what capitalism is all about, at least the dominant interpretation nowadays.   This movement will go on increasing thanks to globalization and the creation of middle-classes in emerging countries.  And let's face it, western countries are looking more and more like retirement homes full of aging citizens when the 3rd world is mostly young.

The future belongs to brown pipple :bleeding:G.

Meh.
The 3rd world isn't really doing much though is it?
The big economic threat is China and their demographics are crazier than even the worst of Eastern Europe's kidless decade.
India though...now India is interesting. Developing and with a surplus of kids.

[Neil]

That's why China is more dangerous than India.

[Savonarola]

From the Article:

If it persists much longer, this era of high joblessness will likely change the life course and character of a generation of young adults—and quite possibly those of the children behind them as well. It will leave an indelible imprint on many blue-collar white men—and on white culture. It could change the nature of modern marriage, and also cripple marriage as an institution in many communities. It may already be plunging many inner cities into a kind of despair and dysfunction not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years.

I already miss the hope and functional government of the Kwame Kilpatrick era.   

[jimmy olsen]

Well I certainly picked a terrific time period to graduate from college.

But we're the ones with drive who actually are employed 20 somethings.

[Ed Anger]

We ain't hiring you young people.

[Zanza]

But we're the ones with drive who actually are employed 20 somethings.

Didn't you have to travel halfway around the world for a job? And probably one that doesn't pay particularly well either.

[PDH]

I take heart in that the experts are mostly united in this. I have faith in their prescience - good times for workers are ahead.

[Caliga]

Didn't you have to travel halfway around the world for a job? And probably one that doesn't pay particularly well either.

I thought Tim did that because he wanted to... not because he had no other option.

[Malthus]

Your blue collars jobs are being taken by Chinamen, Indians, and East Europeans. Live with it. Too bad they are not taking your political culture as well, but hey.

The problem is that the offshore outsourcing is hitting also high skill white collar jobs, because companies and firms care only about short term bottom line. One of the examples is the legal profession - it becomes more and more common to outsource low-end "drudgery" tasks (e.g. due diligence or document review) to India or South Africa and the like. While this may serve as a short-term income boost (since a qualified lawyer reviewing these documents in India or South Africa may be cheaper than a junior trainee who used to perform such jobs in London or New york), in the long term this will stifle the influx of fresh blood into the profession, since trainees will have nothing to train on.

There are limits to how much lawyering can be outsourced. The vast majority of it is jurisdiction-specific.

[PDH]

Didn't you have to travel halfway around the world for a job? And probably one that doesn't pay particularly well either.

I thought Tim did that because he wanted to... not because he had no other option.

He did it to taint an entire other continent.

[ulmont]

There are limits to how much lawyering can be outsourced. The vast majority of it is jurisdiction-specific.

Hooray for an independent judicial branch that enforces protectionism!

...kind of sucks if you want to move around in the US, mind you; you'll be taking another bar unless you're lucky.