California 1 - Kansas 0

Bill said:
So what should be done about those inequities?
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For starters we have the highest housing prices in the country. Many in middle class can't afford to buy or have to do so in areas waaaay far out. A big reason is how difficult and expensive it is to build.
 
cawacko said:
And how does that reduce inequalities in California?
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make minimum wages by county or district instead of by state (or dear god by federal level =_=) so there are incentives to move jobs outside the city. Then jack up the minimum wage IN THE CITY to a livable one. The people who are making good money that needs the services in the city will be able to pay the rest would hopefully follow the jobs.

Basically more decentralization. Insissting that farmers in CA or rural workers in other areas get the same wages necessary for living in a big city is stupid.
 
cawacko said:
Definitely. What tsuke is talking about though happened a century ago where there was heavy industry that moved from the Northern part of the country down South then ultimately overseas.

Not all manufacturing has been lost of course but what he's talking about isn't coming back.
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I don't know. generally US manufacturing has shed jobs ,but improved production and product making it more efficient.
It's cheap and quick to outsource -but those countries are getting their own problems.
Couple that with crappy trade agreements -and yes those jobs are gone.
But if you get more favorable agreements.. and improve product/costing it might mean some significant insourcing
 
tsuke said:
I think the less prosperous states have the same problem as greece, spain, portugal etc. They have a currency that is too strong for their respective economies. It prevents them from being competetive with the third world.
One of the advantages I see of protectionism is that instead of moving a factory to india whenever a company in california wants lower wages they would move it to kansas instead.
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How's that working for Kansas? :)
 
ZappasGuitar said:
Except you have yet to discuss California policies.

You've gone off on rants concerning the middle class and income inequality, but you haven't once touched on California's economic policies.
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here's a California public policy to discuss.....
The state’s two largest public retirement programs, the California Public Employee Retirement System (CalPERS) and the California State Teacher’s Retirement System (CalSTRS), cover 65% of the four million state, county, and local employees who are eligible for public pension benefits. These two programs reported $62 billion and $74 billion in unfunded liabilities, respectively, for the 2013 fiscal year. An unfunded liability is a disparity between the estimated amount of a pension plan's obligations and the current value of its assets. Over the past twenty years, CalSTRS’ unfunded liability has increased more than $65 billion and the CalPERS liability has grown by more than $63 billion.
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http://www.ppic.org/main/publication_show.asp?i=1157
 
tsuke said:
I think the less prosperous states have the same problem as greece, spain, portugal etc. They have a currency that is too strong for their respective economies. It prevents them from being competetive with the third world.

One of the advantages I see of protectionism is that instead of moving a factory to india whenever a company in california wants lower wages they would move it to kansas instead.
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Are you familiar with the Smoot-Hawley tariff act and its consequences during the Great Depression?
 
Mott the Hoople said:
Are you familiar with the Smoot-Hawley tariff act and its consequences during the Great Depression?
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so your argument is that tariffs are bad because other countries would just put reciprocal tariffs so we should just let them continue taking all the jobs. Yet we barely produce anything anymore to sell outside. In fact most of what we do sell outside are just put together and then sent back.

America at that that time was not the worlds only superpower and today we have more economic weight and influence.

I will also guarantee this. Raising tariffs on the top 10 chinese imports will not raise prices of those goods at all. Why? Because their goods literally have 10 other competitors who are not under tariff which will just take the demand. We can get whatever concessions we need.
 
tsuke said:
I will also guarantee this. Raising tariffs on the top 10 chinese imports will not raise prices of those goods at all. Why? Because their goods literally have 10 other competitors who are not under tariff which will just take the demand. We can get whatever concessions we need.
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Prove it.

I'll understand if you can't. :)
 
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