Sunday, September 11, 2011

Economic Crisis; Victims of Our Own Success

While everyone is floundering around asking when the current recession will end and turning to our president to create jobs out of seemingly thin air, I can only sit back and laugh at just how ridiculous the general populous is. Take a moment if you will and chew on this thought for me:

Back in the early 1900s a man by the name of Henry Ford started his own automobile company. Having amazing foresight, he realized that in order to be successful he needed to do two things, the first was pay his employees enough to be able to afford the cars he was trying to sell. The second, and most importantly to his success was his "creation" and application of the assembly line to keep the price of his car low. Whether or not he created the assembly line is up for debate but he perfected it. Soon his factory was spitting out relatively cheap cars that the middle class could afford with the speed off the production line that keep the market happy.

Little did he know with the application of the assembly line by Ford Motor Company, that at the time brought many jobs to millions of Americans over the coming years, he had inadvertently created the very thing that is now crippling our country: wealth by speed.

You see, no matter what you're selling, producing, creating, the bottom line of a company is to make a profit, however possible. As technology increases, the need for human employment decreases. On top of that, humans are starting to live a lot longer which means people are not retiring as early or if they do, the cost to the government to uphold it's Social Security is increasing. The population is by no means going down, in fact it's increasing at an alarming rate. Remember those jobs Ford created with the assembly line? Robotics which are faster, more efficient, make no mistakes, don't take smoke breaks, lunch breaks, clock in late, need maternity leave, holidays off, require no sleep, and very little maintenance, it's no wonder companies pay a lot up front for something that basically pays for itself in no time. It all boils down to money. Jobs aren't being 'lost' they're just being given to something that can do it better.

In the end, we are suffering the inevitable; more machines equals less jobs. More people equals more competition for what jobs remain. No one can create jobs out of thin air to solve our current unemployment situation. No, not even the almighty Obama.

Never forget 9/11

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