Collapse in US lending standards has "central banks are scared out of their minds"

[Trumplestiltskin 5,791]

Given that the vast majority of illegal workers (the ones from Mexico) occupy low-end, unskilled manual-type jobs - I think its a bit of a stretch to suggest that illegal immigration can be attributed to low-wages in skilled / professional careers. Doesn't seem like an obvious correlation.

I said both legal and illegal. The economy is doing poorly yet they are increasing the number of H1 visa..

PS What chance do poor black Americans have, for prosperity, if they are occupying all of the jobs. You cannot blame that ###### on oppression mate..

Hmmm... I don't believe I did.

[Heracles 417]

Hmmm... I don't believe I did.

Hey I am all for helping out the poor in 'America'. And there seriously is a lot of people living in poverty here. Someone has to speak up for them considering businesses will not. Nor will community service groups as they are much more concerned about the poor Mexican illegal immigrants rather than America's poor. Democrats speak up??? forgetaaaaboutit.. To concerned with winning the Latino immigrant vote.

Edited August 21, 2007 by Boo-Yah!

[Ban Hammer 14,573]

Given that the vast majority of illegal workers (the ones from Mexico) occupy low-end, unskilled manual-type jobs - I think its a bit of a stretch to suggest that illegal immigration can be attributed to low-wages in skilled / professional careers. Doesn't seem like an obvious correlation.

so what happens to the displaced low end unskilled manual labor usc's?

[Mr. Big Dog 10,747]

Hey I am all for helping out the poor in 'America'. And there seriously is a lot of people living in poverty here. Someone has to speak up for them considering businesses will not. Nor will community service groups as they are much more concerned about the poor Mexican illegal immigrants rather than America's poor. Democrats speak up??? forgetaaaaboutit.. To concerned with winning the Latino immigrant vote.

Yeah, it's quite sad to see poverty in this rich nation. They have no advocates just charity.

[Trumplestiltskin 5,791]

Given that the vast majority of illegal workers (the ones from Mexico) occupy low-end, unskilled manual-type jobs - I think its a bit of a stretch to suggest that illegal immigration can be attributed to low-wages in skilled / professional careers. Doesn't seem like an obvious correlation.

so what happens to the displaced low end unskilled manual labor usc's?

Low wages in one industry doesn't affect low wages in another, completely different one. That was my point.

[Ban Hammer 14,573]

Given that the vast majority of illegal workers (the ones from Mexico) occupy low-end, unskilled manual-type jobs - I think its a bit of a stretch to suggest that illegal immigration can be attributed to low-wages in skilled / professional careers. Doesn't seem like an obvious correlation.

so what happens to the displaced low end unskilled manual labor usc's?

Low wages in one industry doesn't affect low wages in another, completely different one. That was my point.

still you've not answered me.

[Trumplestiltskin 5,791]

Sure they get displaced.

But that still doesn't answer my point does it?

[mawilson 2,133]

Good grief Boo-Yah, where do you get these ridiculous ideas about our "stagnant economy"

or "Australian brick layers making more than US managers"?

Let's see...

US GDP per capita: $44,000 vs Australia's $32,900

US GDP growth: 3.2% vs Australia's 3.8%

US Inflation: 2.4% vs Australia's 2.1%

US unemployment rate: 4.4% vs Australia's 4.3%

So far the numbers seem pretty similar, except:

US National Debt: 62% of GDP

Australia's National Debt: 90% of GDP

[Ban Hammer 14,573]

Sure they get displaced.

But that still doesn't answer my point does it?

so if they get displaced, what do they do then? live on welfare? since we've had quotes of what, 45 million in poverty in the usa, those 12-20 million taking up jobs surely does not help the lower end usc's.

[Trumplestiltskin 5,791]

Sure they get displaced.

But that still doesn't answer my point does it?

so if they get displaced, what do they do then? live on welfare? since we've had quotes of what, 45 million in poverty in the usa, those 12-20 million taking up jobs surely does not help the lower end usc's.

Never said it did.

[Dan J 277]

Sure they get displaced.

But that still doesn't answer my point does it?

so if they get displaced, what do they do then? live on welfare? since we've had quotes of what, 45 million in poverty in the usa, those 12-20 million taking up jobs surely does not help the lower end usc's.

Your making an assumption here. That those jobs would pay enough to get them out of poverty. Many low end jobs don't.

[Ban Hammer 14,573]

Sure they get displaced.

But that still doesn't answer my point does it?

so if they get displaced, what do they do then? live on welfare? since we've had quotes of what, 45 million in poverty in the usa, those 12-20 million taking up jobs surely does not help the lower end usc's.

Your making an assumption here. That those jobs would pay enough to get them out of poverty. Many low end jobs don't.

and those jobs could also serve as a springboard to higher paying jobs. but as they can't hold them, there goes their chance....and their chance to get out of poverty

[Dan J 277]

Sure they get displaced.

But that still doesn't answer my point does it?

so if they get displaced, what do they do then? live on welfare? since we've had quotes of what, 45 million in poverty in the usa, those 12-20 million taking up jobs surely does not help the lower end usc's.

Your making an assumption here. That those jobs would pay enough to get them out of poverty. Many low end jobs don't.

and those jobs could also serve as a springboard to higher paying jobs. but as they can't hold them, there goes their chance....and their chance to get out of poverty

How many low skilled jobs do that? Unless you improve your skills, you are going to stay were you are at. Some might get into lead or manager positions, but there are not positions like that for everyone. And even then, you don't earn much more in a lead position over your average worker. Depending on your situation, you may still be in poverty.

[Ban Hammer 14,573]

Sure they get displaced.

But that still doesn't answer my point does it?

so if they get displaced, what do they do then? live on welfare? since we've had quotes of what, 45 million in poverty in the usa, those 12-20 million taking up jobs surely does not help the lower end usc's.

Your making an assumption here. That those jobs would pay enough to get them out of poverty. Many low end jobs don't.

and those jobs could also serve as a springboard to higher paying jobs. but as they can't hold them, there goes their chance....and their chance to get out of poverty

How many low skilled jobs do that? Unless you improve your skills, you are going to stay were you are at. Some might get into lead or manager positions, but there are not positions like that for everyone. And even then, you don't earn much more in a lead position over your average worker. Depending on your situation, you may still be in poverty.

working is one of the best ways to get ahead in life. take that away and the lower class will never get anywhere. and yes, a low skill job can lead to a higher level job as the worker can learn something, make contacts, and network. but i see you'd rather the usc didn't have that opportunity.

[Trumplestiltskin 5,791]

Given that these days you need a degree to meet the minimum requirements for most (if not all) professional jobs, if you don't have that / can't afford it you're going to have real problems.