Quote Originally Posted by BLUELINE976 View Post
What are they, small children? What do you mean "what are we supposed to do?"
I mean they're fucked, think soup lines, Great Depression style.

Well to say "nobody is hiring" is a bit erroneous considering some industries flourish in recessions. You also assume they will not get jobs elsewhere.
Times are tough. In general, companies have either not been hiring or laying off for the last 2 years. Imagine if you add a couple hundreds of thousands of unemployed people into the mix all competing for LESS jobs. Say a quarter of them end up finding new employment, you're still left with a huge problem.

No because then you're prolonging the serious affects and the market corrections. Plus you're using other people's money. I have explained this multiple times.
Welfare is not going to go away. This is where the line is drawn between a realist and an idealist debate. Either you bail out the companies and workers still contribute to the GDP or you put them on welfare and they sit at home, either way the taxpayer chips in.

And you would be wrong to say the worse of the recession is behind us.

"The coyote catches a tree limb sticking off a cliff and MSNBC celebrates that he is no longer falling."
I'll have to get back to you on that in a year or two, then again the recession didn't hit Canada as bad as the US.

So you're advocating socialistic policies now?
Yes, if you bail out, then go the distance. Did you know that the current owners of GM are the US and Canadian governments? As owners... shouldn't they have a say in the company's practises?

Labor in the third world is cheaper because they are typically not developing on the same level as we are, I agree. But I am not only speaking about third world. I believe I said outside the country where better business opportunities may exist, leading to lower costs and efficiency than in the U.S. You are the one talking about the third world.
When you said cheaper I was thinking third world. Whenever you're looking for cheap "production line" style business, that's where you go...

For the time being yes. After the markets correct, businesses may return if an capital can be efficiently allocated here and the risk is good enough for them. For the time being they may find it better to expand outside the country. What I say to that is: good for the country getting the business. Their economy will be better for it.
Well if you don't mind your economy going down the gutter than alright... Maybe you'll change your mind when you're looking for a job.

What if they aren't willing to go live in the wilderness?
Then they should pay their taxes and vote.

And the social contract argument is so old and so fallacious. I never signed or agreed to any contract, nor did most people. Besides, the most important part of the social contract theory is that if a group or individual is not satisfied with the contract they may exit or abolish it. If you say "oh well that's stupid; they can't leave because they agreed to the social contract by living in our society" then I suggest getting some rest and think about how ridiculous that is.
Lets be realistic, taxes are not going to disappear. If you have a government, you have taxes. If this bothers you so much, there are a couple very rich, small, tax-haven countries in the world that I suggest you look into.