Ever heard this one before? No? Did you know that there are college majors that specialize in "Semantic Networks"? Like most things, the concept is not very complicated. It means that "all" things are related or connected in some way. When you think about it a little, you know that "most" things are related, but did you know that "all" things are related. Did you ever try to throw a ball while you are swimming in a pool? It is hard to do. Why do you think that is? It follows the simple principle that, "for every action, there is an equal and opposite reaction". Most kids learn this in school, but don't really understand that the principle is "universal" and applies every where. That is the point of this blog.
Voters seem to either ignore the above principle or never understood it in he first place. In this blog, I can not show "all" the ways that an item is related to "all" others, but I can show that it is related to a lot more things than most of you ever thought. We hear people talk about, "unforeseen consequences" of decisions that, at first, appeared "good". Obamacare is a good example. It has turned out to be mostly bad. Look at low interest rates on home loans. Do you think that low interest rates are good for people? Most of you do and are happy that they are now very low, but there is a bad side. At least one bad side is that people tend to buy bigger homes than they need and those home have a bigger long term maintenance costs as well as taxes. They use more energy too.
People have to realize that low interest rates affect the total economy, not just housing. How about your high paying low skill job? Low interest rates mean that a business can now afford to buy more complex and expensive automation equipment to replace over priced low skilled workers. Isn't that just exactly what has been happening?
What happens when the government mandates a higher minimum wage for low skilled workers? It makes the economic justification of advanced automation equipment that much easier. Look at places like McDonalds? They are moving to more automation because it is cheaper than the cost of low skilled workers. Simple isn't it?
Look at all the fancy computer products from companies like Apple. The volume for these computer products is now so large that the cost has gone down very significantly compared to just a few years ago. That is a good thing, right? The thing about digital computers is that they can run any kind of program or "app". Some of those "app's" are automated machines that can replace low skilled workers and now they can do it a lot cheaper than just a few years ago. Notice both the "good" and the "bad" from the above?
If you are a simple minded person and only look at the "good", you can see how you could be very wrong. Further, if you are taken in by simple minded politicians who only tell you the "good" about their proposals, you could end up voting for something that is "not" in your long term interests.
We all know that when you shoot a gun, it "kicks" back. This is an example of the "equal and opposite" principle. The energy that propels the bullet out of the barrel is "equal" to the kick back. If you can come away with this simple understanding, I think that my blog accomplished its mission.
PS---Where do you think most of the automation equipment is made that is being used to replace the over priced low skill jobs in the USA? China!!! When the USA used to build much of the machine tools and other automatic equipment, when a low skilled job was lost here, it was replaced with a job making the automatic machines. That is not the case anymore. Workers in China can run automatic machines as well as we can and at a lower cost. Welcome to the new world!!!
Voters seem to either ignore the above principle or never understood it in he first place. In this blog, I can not show "all" the ways that an item is related to "all" others, but I can show that it is related to a lot more things than most of you ever thought. We hear people talk about, "unforeseen consequences" of decisions that, at first, appeared "good". Obamacare is a good example. It has turned out to be mostly bad. Look at low interest rates on home loans. Do you think that low interest rates are good for people? Most of you do and are happy that they are now very low, but there is a bad side. At least one bad side is that people tend to buy bigger homes than they need and those home have a bigger long term maintenance costs as well as taxes. They use more energy too.
People have to realize that low interest rates affect the total economy, not just housing. How about your high paying low skill job? Low interest rates mean that a business can now afford to buy more complex and expensive automation equipment to replace over priced low skilled workers. Isn't that just exactly what has been happening?
What happens when the government mandates a higher minimum wage for low skilled workers? It makes the economic justification of advanced automation equipment that much easier. Look at places like McDonalds? They are moving to more automation because it is cheaper than the cost of low skilled workers. Simple isn't it?
Look at all the fancy computer products from companies like Apple. The volume for these computer products is now so large that the cost has gone down very significantly compared to just a few years ago. That is a good thing, right? The thing about digital computers is that they can run any kind of program or "app". Some of those "app's" are automated machines that can replace low skilled workers and now they can do it a lot cheaper than just a few years ago. Notice both the "good" and the "bad" from the above?
If you are a simple minded person and only look at the "good", you can see how you could be very wrong. Further, if you are taken in by simple minded politicians who only tell you the "good" about their proposals, you could end up voting for something that is "not" in your long term interests.
We all know that when you shoot a gun, it "kicks" back. This is an example of the "equal and opposite" principle. The energy that propels the bullet out of the barrel is "equal" to the kick back. If you can come away with this simple understanding, I think that my blog accomplished its mission.
PS---Where do you think most of the automation equipment is made that is being used to replace the over priced low skill jobs in the USA? China!!! When the USA used to build much of the machine tools and other automatic equipment, when a low skilled job was lost here, it was replaced with a job making the automatic machines. That is not the case anymore. Workers in China can run automatic machines as well as we can and at a lower cost. Welcome to the new world!!!
