True News 51: Government Workers Will Eat Us All...

[vtran31]

@pointatthemoon .... they do it indirectly. companies compete for employees. companies like google and microsoft pay a premium for high quality employees because they want the best and can afford it.

doesnt always work but tends to for the better companies

[wisdomtrek]

The government is a parasite ...who would have thought?

[SuperTregs]

lol, I work as a city worker and I make 7.25 an hour with no benefits and no pension so I don't want to hear about municipal workers having "thieving salaries and huge benefits" because it simply is not true. I like my job, but we don't get paid anything, I would make more at Mcdonalds.

[lordthawkeye]

@SuperTregs So why aren't you working there?

[SuperTregs]

@lordthawkeye I do work for the city that was the point of my post...

[lordthawkeye]

@SuperTregs No, why aren't you working for McDonalds if you'd make more there?

[SuperTregs]

@lordthawkeye because working for the golden arch is a horrible job. and the city has flexible hours so it is good while I am in school.

[lordthawkeye]

@SuperTregs So you're just a part timer while at school on the side? Hardly representative of the entrenched government workers this vid is talking about.

Besides, you're just a single anecdote. A sample size of one is hardly conclusive.

[surmasampo]

Ahh, wealth creation. The neo-economist word for profit in the corporate sector. Sustainable growth of an economy comes from primary product and vale add e.g what china and india have done. Service economies do not CREATE wealth, they borrow or buy it from others. This is super basic economics that pretty much sums up what went wrong with the western economic domination.

[sexdrugsRnR]

in a 'free society' there would be very few 'set prices' and price volatility would be the norm.. ie you can negotiate the ''price'' for everything you buy... in fact, i think its probable that an advanced barter system would be the norm, i know i wouldn't trade in gold, its pretty much useless to me..

[radzid]

Its a long way to a stateless society in my country... :(

[radzid]

....The state needs to give everything it can to our demands. I have not heard anybody that demands NO increase of salaries when the syndicate protests.

[radzid]

People don't see the state as a monster that takes away liberty by expanding, they are short sighted. They only look at there current personal problems. In my country Croatia, we have the same problem with public salaries. But people don't realize that they take from the private sector, and make things worse. Everybody stands on the side of public workers because there is a perception of the state as a parent figure......

[pointatthemoon]

I don't understand how customers are the primary source of wages going up or down. Even if a customer would pay a lot for a high quality product, how does that translate into higher wages for the worker? If you have two companies producing the same type of product with roughly the same quality, but one company can lower production costs by cutting wages, won't that company be the one that wins out at the expense of the worker?

[stefbot]

they would lose their workers...

[dkleitsch]

I work in aerospace.

Only 5% of our expenses come from factory wages.

Even if we worked for free the cost could only go down 5%.

The company gets paid for how many hours the product stays in the air, we eat the parts and labor to keep it in the air.

The better the job we do, the more customer equipment gets enrolled in the program, and the more we make.

It's all about quality, and you can't keep good employees without paying good wages.

[cjrsoccer1]

@pointatthemoon Ask yourself what you would do in that situation. You would go work for the competing company (or perhaps even go work in another industry if you felt you were being gipped). In the real world, there isn't just Company A or Company B - depending on the industry, there are probably hundreds. If a company offers lower wages, then the most talented workers go work for the competitor.

[johnpdd]

There is nothing wrong with the police going on strike. They should all go on strike.

[lnd3005]

As long as they stay that way.

[Xtro2005]

especially in Detroit.

[Shezmu]

And Iraq.

[steshaw71]

"justified counterfeiting"? Stef are you going soft?

How would "justified counterfeiting" work in a stateless society?

Who would decide what level of counterfeiting was justified?

Doesn't seem like honest money to me.

[stefbot]

I think you may have misunderstood... :)

[steshaw71]

great. I step down off my high horse :).

Please do explain

[DreadLaw2]

He was refering to justified increases in wealth due to productivity, not to justified counterfeiting of "representation" of wealth. Justified wealth creation maintains itself without regulation by it's very nature, that is by physical commodity etc.

[steshaw71]

DeadLaw2, Stef does't mention "wealth creation at all". Quote "Well the state if funded through theft in the form of taxation, debt which is deferred theft, and counterfeiting in the form of printing money over and above that which is justified by legitimate expansions in the private sector."

Perhaps he's talking about expansion of the money supply under free-banking (but without a central bank).

[DreadLaw2]

That is wealth creation... Wealth creation is expansion of the private sector. And printed money is a representation of the wealth. It doesn't matter whether free banking, individual contracts or physical material are used, money supply is only one representation. I apologise for not being aware of your psychological inability to separate terminology and meaning before responding. Had I known, I wouldn't have used comparable terms, and would have been more mirror-like in my language.

[RealHempman]

"Wealth creation is expansion of the private sector"

Unfortunately, in practice "wealth creaton" has only worked by stealing money from the bottom 90% of wage earners to the profit of the less hard working ironically named top 10%. Apparently you, dreadlaw, are absolutely incapable of leaving the ass of your corporate masters' terminology.

[DreadLaw2]

That's just a lie with no historical backing. "Stealing" money firstly has no basis in wealth creation (the entire point of the terminology being the difference between money and wealth) but as that trend is unique to non-capitalistic and post-1930's europe in which wealth creation has been at a minimum, so you're just lieing scum. The rest of your comment is even more delusional of course, being that I am little effected with my wealth mostly in physical property and separation from people.

[RealHempman]

Dreadlaw, I see that you acknowledge that your arguments are so weak that they can not possibly stand on their own, so you revert to the ad hominem attack. Typical.

[DreadLaw2]

Unfortunately that does require everyone with half a Brain to note that you can't read. I gave a perfectly accurate response, with no arguments, simply statements of fact that contradict the childish idea that free market capitalism doesn't work. Sorry for your learning disabilities, i know life isn't easy for you.

[Fetchdafish]

Wealth creation means literally creating new valuable things that didn't exist before. Humans have been doing it for quite a while.

[spudboyspud]

As I watch this I feel really angry. I have been looking for work in the biological sciences over the last few months and it is consistent that government jobs are 30-40% better payed than the equivalent private sector ones in Britain.

Also the number of private sector jobs posted in science is about 50% of what they were a year ago. I almost feel forced to work for the government as they are actually expanding!

[surmasampo]

@spudboyspud

Lol, you thought that private industry would pay for science! If you want to work in actual research other than pharmaceuticals, then basically Governments are your only choice. What made you think that a profit driven entity would pay for something that can't turn into a short to medium term, exclusive profit. Oh, and the 1920's mafia example is a real world example of unregulated capitalism. The private and public sectors have their own places in each economy, in balance,

[Sean2046]

one of my best friends recently got a gov. job at my college in a computer lab... and he loves laughing about the fact that he's being payed in tax dollars for surfing facebook mostly and he can't get fired. makes me sick...

[ks100001]

Maybe you should think whether you want to be friends with such a person.

[Sean2046]

well not everyone is as aware of the fact that taxpayer money is extortion money. the government is the root of the problem. disassociating myself from all my friends that respond to the bad incentives of the state won't do anything....

[ks100001]

Just a thought. But if he makes you uneasy or angry, talk to him about it. Honesty always wins.

[IVoteNone]

From my own experience, those in the public sector seem to be the most incompetent people. It seems the people who are most valuable to an economy seek employment in the private sector. The public sector is where you go when you can't get a real job. So at least the private sector isn't losing very valuable labor resources.

[MRSketch09]

@Video

So Mr. Stefbot, when is it all going to crash and burn from its own weight?

Its a love hate relationship. On one hand I like being informed, on the other hand, I get sick of hearing about these rats.. and how its all set up.

[nonantianarchist]

That's why state bureaucracies rarely shrink. Too many of the bureaucrats would be unemployed and pissed off (and thus not reliable constituents) if the bureaucracy were to be scaled back.

[PsyogiBottoms]

I think that is the major problem - that sort of bureaucracy attracts lazy useless people and their friends and just like any Corporation where the CEO gets to hire all his buddies that don't know their ass from a hole in the ground - it tanks miserably and eventually everyone is unemployed and pissed off.

[Stargazer5781]

Great video Stef!

[throwntomato]

cool video.brilliant ,as always, Stefen!

[PsyogiBottoms]

Have you ever been to a Zoning Office or Licensing Bureau? lol Nuff said.

[PsyogiBottoms]

I think a lot of State workers could use a swift kick in the ass - I hope all of them get laid off. Why? Maybe it will teach them some respect as a 'civil servant' as we have suffered decades of attitude and smug-ass dickheads treating the populous anyway they feel - as they are state employees and can't be fired.

Same with banks - all those assholes should get what they have coming - such arrogance and impunity. Now the People can now say FUCK YOU - Asshole! Suck it you lazy cow. lol

[ks100001]

That's a bit harsh - after all, it's not the fault of the individual that the system is corrupt.

For example, if you go tell a municipal sewage worker that he is a smug parasite who doesn't really work for a living, you are not really helping things. And besides, it is untrue. Many public sector workers work very hard - it's not their fault that their employer is corrupt at the core level.

[PsyogiBottoms]

"it's not the fault of the individual that the system is corrupt." Ah who's fault is it then? lol Satan?!! lol

yeah, it is those individuals' fault and arrogance. Just like the Banking Cartel. You can't rape your customers and shit all over them for years and expect them to grow and prosper - you get what you give. The government gives shit, performs like shit, and just about every state employee I've ever had to deal with was a total asshole - if you could get them off their ass to address you.

[ks100001]

"Satan"? WTF?

[PsyogiBottoms]

I was being fatuous.

[Moragauth]

The state is the result of a mental ilness.

[newexperiment]

The current state? or the idea of state in general? Creating a state was an entirely reasonable thing to do at the time. Our understanding of how the state (violence) ruins everything was never obvious to anyone at first glance. So I really don't know how you can claim that it takes a mental illness you sign up for something that reasonably looks good at first glance.

[Moragauth]

Very easily. It takes a psychopathic class of individuals who believe they have the right to rule over others, and an exploited host which comes to identify said parasite as "good". It takes a mental illness to sustain it in the face of trenchant refutations.

[ks100001]

Brilliantly summarized. Stockholm Syndrome.

[newexperiment]

I agree with sustain, but the current day 'rule' over others was not the initial purpose of state. State was for the population to rule them selves. It was a nobel experiment, and it failed. To bring mental illness into it seems to me little more than bitterness.

[PsyogiBottoms]

The reason? They can't be fired. So they do as little as possible creating huge overheads which eventually tanks the entire system.

You can't get something for nothing - an all the government creates is waste - nothing else.

A waste of time, money, energy, resources, and talent.

All thieves think its easier to sit on their asses and make someone else pay their bills. So, that is what you find sitting in your state government - people that can't do anything or don't care too.

[sparrownick]

haha