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Herbst writes: "The sorry facts are these: job growth is still half of what is needed to keep up with population growth. Meanwhile, more than 14% of the US workforce is unemployed, underemployed or discouraged from looking for work."

Mitt Romney says tax cuts for the rich will create jobs. (photo: Carlos Osorio/AP)
Mitt Romney says tax cuts for the rich will create jobs. (photo: Carlos Osorio/AP)

Where Are the US Jobs? Ask the Corporate Cash Hoarders

By Moira Herbst, Guardian UK

05 Aug 12


Corporate tax breaks won't boost the economy. If unemployment is to fall, giant companies must invest in job creation.

s it does every month, Friday's jobs report is expected to underscore the desperate need for job creation in America.

This time around, it would be refreshing if the pundit-political class considered a radical but obvious idea: tapping the multitrillion-dollar stockpiles of corporate cash currently sitting on the sidelines and benefiting no one. Compulsive hoarding is unhealthy for individuals. It's even worse for whole economies.

The sorry facts are these: job growth is still half of what is needed to keep up with population growth. Meanwhile, more than 14% of the US workforce is unemployed, underemployed or discouraged from looking for work. The numbers for July aren't expected to budge much. Absent a massive inflow of tax dollars, jobs aren't going to come from the public sector. State and local governments are broke, and the fight over federal deficits has turned into an all-out war in Congress.

Even as the need for fresh ideas and action becomes more urgent, politicians stake out tired and familiar ground each month. President Obama's response to poor-if-slightly-improving numbers is to acknowledge that job creation isn't where it needs to be, but will eventually limp back to health. Mitt Romney says the numbers are catastrophic, and if only the US cut taxes for corporations and the rich, and busted unions, we'd open the floodgates to millions of jobs.

In fact, both approaches only cause more harm - the former because many long-term unemployed are leaving the workforce for good, and the latter because it's a transfer of wealth to people and companies that will hoard money, not spend it.

The only thing that will bring jobs back is more consumer demand. Demand comes from middle and working-class people spending money. That becomes a lot harder when you don't have a job, are afraid of losing the one you have, or are earning less than you used to for the same work. America's middle and lower classes are tapped out. Despite rising productivity, labour's share of the national income in the US has dropped to the lowest point in recorded history.

In times like these, it can make sense to look to government to help stimulate demand. But thanks in part to Tea Party activism and the stress on ever-lower taxes for the richest Americans, the public sector will continue to shed jobs, especially at the local and state level. With government out, we turn to the only other potential source of jobs: big corporations. It turns out that US-based mega-corporations are hoarding cash. How much cash? Record sums. It's about $1.73tn in US assets, according to the Federal Reserve - 50% more than they held in 2007. When you count worldwide holdings of US companies, the figure is a staggering $5.1tn, estimates Reuters' David Cay Johnston. Apple alone has $117bn.

Banks are also stockpiling cash; they're sitting on more than $1.5tn in excess reserves in the US.

Not only are mega-companies not creating enough decent jobs with this cash, they continue to offshore work and underpay workers. Many are not even rewarding investors or accelerating their growth with the money, thereby causing harm to themselves, according to a recent survey by Ernst & Young. Economists also say that cash hoarding is blocking a recovery in Europe.

As the jobs picture continues to darken - especially for the 5.5 million out of work for six months or more - the need to make corporate cash productive becomes critical. According to an International Labour Organization (ILO) study, if US non-financial corporations invested $508bn of their excess cash holdings, US GDP would grow an additional 1% to 1.6% a year between 2012 and 2014 and 2.4m new jobs would be created.

Another study by the Political Economy Research Institute at the University of Massachusetts found that if corporations and banks invested $1.4bn in cash into productive investments and job creation, unemployment would fall below 5% by the end of 2014.

To be sure, the purpose of these companies - and of capitalism itself - is to create profits, not jobs. But as the Great Depression and the Great Recession have demonstrated - and as a famous philosopher-economist once said - capitalism sows the seeds of its own destruction. It's impoverishing the very workers and consumers it needs to expand in the US.

Of course, the question will arise: how can we make quarterly profits-obsessed corporations tap their vast reserves to invest and create jobs to serve their long-term interests? I don't know. But knowing where the cash is in this supposedly cash-strapped country is a start.

We shouldn't forget that the supreme court demonstrated recently that it's quite open to the idea of mandates. Wouldn't it make sense to mandate job creation when corporate cash levels reach a certain level? Or, for a more modest start, mandate corporations receiving taxpayer subsidies to create jobs? At the very least, the US should enforce Section 531 of the Internal Revenue Service code, which authorises taxing companies' excessive accumulated earnings, as Cay Johnston points out.

We can expect that Romney, himself under fire for a private equity career built on destroying American jobs, will again ask Obama: "Where are the jobs?" It's time for Romney to ask that question of his cash-hoarding friends. your social media marketing partner


A note of caution regarding our comment sections:

For months a stream of media reports have warned of coordinated propaganda efforts targeting political websites based in the U.S., particularly in the run-up to the 2016 presidential election.

We too were alarmed at the patterns we were, and still are, seeing. It is clear that the provocateurs are far more savvy, disciplined, and purposeful than anything we have ever experienced before.

It is also clear that we still have elements of the same activity in our article discussion forums at this time.

We have hosted and encouraged reader expression since the turn of the century. The comments of our readers are the most vibrant, best-used interactive feature at Reader Supported News. Accordingly, we are strongly resistant to interrupting those services.

It is, however, important to note that in all likelihood hardened operatives are attempting to shape the dialog our community seeks to engage in.

Adapt and overcome.

Marc Ash
Founder, Reader Supported News

+52 # erogers 2012-08-05 17:17
Where are the jobs? Yes the cash-hoarding friends of Romney are part of the problem but a much larger part of the problem is the exporting of those much needed jobs to cheap overseas locations. Ask Romney one pointed question during the debates: "If elected President will you push a bill through Congress to punish any corporation that wishes to move jobs overseas or move funds to offshore accounts?". Think you will get a positive answer. Probably get the statement: Kiss my ass".
+5 # Michael Lee Bugg 2012-08-07 10:01
Erogers, you are right about Robme! But it is partly the Democrat cowards in Congress and the White House who have let the Republican'ts establish the myth of wealthy job creators along with the myth that current deficits are a threat to our nation's continued existence! The deficits during WW2 were a far higher percentage of GDP than current deficits are and we did not collapse! In fact we had a top marginal income tax bracket for individuals of 91% on ALL income over $200,000 and over $400,000 for married filing jointly! The rich put their company profits back into their company to avoid giving a huge chunk to U.S. With Bush's tax cuts they don't have that concern especially when capital gains are treated separately and at a top rate of 20%! Furthermore, why would the rich "job creators" prreserve jobs here much less create new jobs when they can outsource the product for a fraction of the American labor cost and no tariffs to level the playing field?!!
+38 # pernsey 2012-08-05 17:24
Yeah I wonder how many countless jobs, Mitt the Twit shipped overseas? Im sure hes done way more for destroying American jobs then he ever will do creating them. Im sure his overseas accounts with millions if not billions of dollars in them and his cash hoarding friends are creating 0 American jobs. The Twit should have nothing to say, because we know he doesnt want his record front and center.
+49 # TrueAmericanPatriot 2012-08-05 19:01
WHERE ARE THE JOBS? EASY ANSWER! China, Indonesia, India,...Shall I go on?OHHH YES! Bermuda, Switzerland, Cayman Islands, where all that HOARDED "JOB-CREATING CASH" is earning vast amounts of interest...and employing the locals in the banks.
+21 # giraffee2012 2012-08-05 23:06
The tax laws promote the hoarding - including rewarding the FAT CATS with tax breaks. You know the algorithm of "not re-investing" in your company and still accumulating tax breaks.

Thanks to the Supreme Court - now those fat cats can buy our elections and make the poor = poorer and themselves richer.

R(oberts) A(lito) T(homas) S(calia) should all resign: Supremes are not SUPPOSED to make decisions on $$ or politics and all 4 ignore the rule: The dems MUST take back the house + VOTE OBAMA --- never vote GOP/TP -- or democracy goes bye bye
+13 # tswhiskers 2012-08-05 23:59
The problem is not just a lack of jobs. We also lack an educated workforce. Even factories are much more sophisticated that they used to be. The dropout rate from high schools is high and even the education given in those same high schools is often not sufficient to allow students to find jobs, assuming jobs were available. What will we do with those without a high school degree, or those who can't read? We will need a lot of unskilled jobs and I think it's been pretty well proven that they won't/can't do the back-breaking farm labor that Mexicans do. It's a serious problem made worse by the offshoring of jobs beginning in the '80's. I don't have an answer. I just know that this won't be easy or quick to fix.
+10 # mgwmgw 2012-08-06 14:44
Quoting tswhiskers:
The problem is not just a lack of jobs. We also lack an educated workforce.

As a person with an MSc in Computer Science looking for work, I must respectfully disagree. While I wish a lot of Americans were more educated than is the case, a lot of the people looking for work are already educated. It doesn't help.
+19 # maddave 2012-08-06 00:54
Corporate American Capitalists seem to believe that theirs is a uniquely snug perch on the top floor of an ivory tower, but they ---like most of America have no concept of what comprises actually is! Let me try to explain it to those who haven't figured it out yet;

Like all systems capitalism consists of several very basic elements, the absence of any one element brings the system to it;s knees.
1. An idea or product;
2. Finance/Capital;
3. Alert Management
4. An external infrastructure that supplies-but-no t-limited-to: water, electricity, waste disposal, raw materials, transportation, health care & immunization, etc.
5. An efficient, reliable work force; and
6. Consumers to buy the idea/product.

Space & characters are limited here, but imagine a manufacturing facility without any one of those elements. Obviously, it wouldn't work - period. Consequently, Capitalism is a team effort upon which many are dependent for their very existence. So, if The Capitalists (sic) presume and act upon the patently false notion that theirs is the Divine RIGHT to skim off ALL of the cream . . . and if they choose to treat workers as if they were easily replaced, expendable, use-&-throw-awa y consumables then they are no longer Capitalists. SAt that point they are, In reality , greed-besotted feudalists, oligarch's and plutocrats.

Mr. Republican-Busi nessman-Romney is just such an elitist,
+9 # dkonstruction 2012-08-06 08:07
maddave, i agree with your list except for the fact that workers don't need capitalists to do all of this. Take the Mondragon coooperatives in the Basque region in Spain as an example. Capitalism needs workers, wage laborers but "we" don't need capitalists and the world would be much better without them.
+5 # SMoonz 2012-08-06 01:36
Jobs could easily come back if Bretton Woods was brought back. That along with NAWAPA would do wonders for our economy and bring the country and the rest of the world back from an economic abyss.
+25 # maddave 2012-08-06 01:45
Billions of years ago a single-cell animal deposited a calcium shell on the ocean floor. Others followed. . . and then more & more, each contributing their shells to what are now islands, parts of continents, and coral reefs like Australia's Great Barrier Reef which I'd like to focus on for a moment: It took unknown trillions of minute piss-ants depositing their shells over billions of generations. It was a genuine team effort of massive proportions . . . and don't you know that right there---right now--- up on top of the Great Reef--- there are piss-ants sitting there, looking around & proclaiming "Damn! Look what I done!"

Analogously, America's economy is a modern marvel built by-and-on-the-b ones-of countless, nameless & faceless ancestors. It's the richest, most affluent & most wasteful economy that the world has ever seen ... all built by the sweat.blood & ingenuity of our predecessors; however, despite all of this wealth, 40,000,000+ American still have inadequate health care; probably half-again that number have no dental care; one-in-six lives in poverty; education is sub-standard; Workers wages haven't risen appreciably in 35 years; and we are spending trillions of dollars on acknowledged (overseas) economic wars.

Moral: NOBODY EVER MADE IT ON HIS OWN- and especially not Mitt-the-Twit!
+18 # Mrcead 2012-08-06 03:55
"Corporate tax breaks won't boost the economy. If unemployment is to fall, giant companies must invest in job creation."

Or we could just seize the assets of these giant companies and pay it back to the people's infrastructure since the US does not negotiate with terrorists. Unorthodox - yes but then again, why exactly did The "W" invade Iraq again? Seems any reason is a good reason for busy work nowadays, might as well do the right thing this time around.
+4 # Radial1971 2012-08-06 05:23
I find it interesting that the writer here does not support tax cuts for the rich. What do you think most of the legislation such as Cap and Trade is - a tax cut for the rich - it's a way for the rich to use more so that others may use more. That's all politics is - an arena by which supposedly two separate ideas are conveyed to the masses so that those in control (who knows who really controls everything)can have the final decisions. We are the paupers at the arena who think we have choices.
-9 # cordleycoit 2012-08-06 05:53
We talk in trillion but are broke. The wondrous world of the Main Stream Media is right now racking in cash like they never have seen it but are they hiring? No they are firing. This is the the biggest transfer in cash since the Banks stole our retirement yet MSM is collapsing under the weight of all the cash the owners are skimming off the top. I am surprised that Messrs Tabbi or Hedges have not bit this poison apple. Most of the liberal reporters are cowering in the corner teeth chattering.
-7 # RLF 2012-08-06 05:57
I have my own business, be it a one man band. With the current tax laws, if I'm smart enough to see an economic crunch coming and hold monies to get me through it, I get nailed with high taxes because I can't average the income of the business over a few years. The one in which I save, I pay very high taxes, the next, I live on those savings and pay few taxes but, because of the progressive tax form, I end up paying higher taxes all together. A business cannot open and close without consequences and so must hold cash to keep it going in rough times or loose it's trained employes and all other momentum. This is just one of the silly all-or-nothing variables in Economics that skews policy stupidly. All science is based on isolating an issue and studying it...problem is Quantum mechanics show us that by looking at something we change it...even doing nothing...and nothing is studiable in a vacuum.
+2 # Jim Young 2012-08-07 11:42
Green thumb from me, because I have friends in similar situations. Even with the disadvantages you mention, I have met many who are successful enough and secure enough (homes paid for, etc, that they do not borrow variable cash for new business when the security changed from 20% to 100% before the banks would give them the business loans they previously had easy access to. They can, and do, just sit on the sidelines instead of putting their equity at risk for business they don't need that badly.

We all suffer, too, when their business activity is reduced and the velocity of money they helped sustain (in the productivity that provides the real value to our currency) declines to Great Depression levels. The velocity of money we used to maintain made it far easier to take in life sustaining revenue at lower tax rates.

Perhaps we should tax the velocity of money in the really unproductive area of speculating (instead of investing), to get the speculation down to 1/5th the solid investments vs what now seems 5 times the solid investment approach.

I'd also ask why the speculators get the same unreal tax break (which we intended for real investors), and bailouts in the trillions when their bets lose.
+24 # Barbara K 2012-08-06 06:23
The Rs have an agreement with them to hold off on hiring until after the election. They don't give a crap about how many people are starving or out on the streets and have lost their homes and all they had when their jobs were shipped out. To the Rethug/Tbaggers , it was never about us and never will be about us.

Don't Vote Republican at any level, have many states that need a housekeeping too.

-10 # dkonstruction 2012-08-06 08:13
to think that it is only republican capitalists that are holding off hiring workers is just silly. Capital is neither democrat nor republican. Capital is only interested in one thing as is made clear in the exchange between Humphrey Bogart and Edward G. Robinson (Rocco) in Key Largo:

Share this quote


Johnny Rocco: There's only one Johnny Rocco.
James Temple: How do you account for it?
Frank McCloud: He knows what he wants. Don't you, Rocco?
Johnny Rocco: Sure.
James Temple: What's that?
Frank McCloud: Tell him, Rocco.
Johnny Rocco: Well, I want uh ...
Frank McCloud: He wants more, don't you, Rocco?
Johnny Rocco: Yeah. That's it. More. That's right! I want more!
James Temple: Will you ever get enough?
Frank McCloud: Will you, Rocco?
Johnny Rocco: Well, I never have. No, I guess I won't.

The dems are still a party of capital (albeit different factions than the rethugs)....the y have never been a party of the working majority to think otherwise is to simply deny history
+1 # dkonstruction 2012-08-06 12:37
how could anyone give a thumbs down to Edward G. Robinson and Humphrey Bogart; not to mention Key Largo? Geez. Or was it saying that the dems too are the party of capital? sorry, if i offended you...i take it back..the dems are now and have always been the true champions of the interests of the US working class as a whole..there, is that better.
+4 # maddave 2012-08-06 16:38
Ah so, Key Largo! Bogart & Bacall . . . but I digress. . .

All politics, like all war, is economic, and politicians do not get elected by attacking the hand that writes their campaign donation checks. . Consequently, there MUST be some interplay between moneyed interests and even liberal politicians; however, one cannot deny that the D's have been orders of magnitude more generous-to and tolerant-of LABOR's needs and foibles of labor than has the GOP. .

Come to think of it, can anybody out there tell me ANYTHING that the GOP has done for labor - either specifically or generally? I'll take anything. You say "They didn't raise our taxes", and I say BS! They ALSO haven't raised your wages for almost 40 years . . . while the 1%'s income has soared by almost 300%

First, we MUST get all private and public money out of the election campaigns. Then and ONLY then will we have a ghost of a chance of taking back our government, and to do that, Brethren, we must have federal judges who will side with "what's right" for the economy; what's right for the middle class & and what's right for labor. That makes Obama, who, has a proven record for appointing fair judges, our only option:

The fucus for this election? "It's the Courts, Stupid!" and don 't you dare forget that.
-17 # LandLady 2012-08-06 06:46
Ms. Herbst gives great statistics on the current pile-up of unused capital by corporations. Why aren't they investing it to expand and create jobs? Because prices are too high to allow for profitability, and profits are necessary for businesses to exist. Although Marx wrote that capitalism contains the seeds of its own destruction, he ignored the first 150 years of U.S. history, when many impoverished Europeans came here, because OUR LAND WAS FREE OR CHEAP, and they prospered dramatically for many generations. Now that U.S. land prices have increased, we suffer the same fate of economic stagnation. The answer is to increase property taxes on land values, as land values are community-creat ed, while building values, the result of individual effort, should be untaxed. The higher land-value tax will lower land prices and allow businesses to again become profitable. They can then hire more people at higher wages. ALL businesses need land; they can't operate up in the air!
+17 # rockieball 2012-08-06 07:33
Any American or American Corporation who has little or no manufacturing in this country should be treated as a foreign Representative and a foreign corporation and thus heavily taxed.
+2 # Mrcead 2012-08-07 05:35
+10 # geraldom 2012-08-06 08:30
Mitt Romney keeps on attacking Obama on the job numbers & on the unemployment rate. I blame the mess on both the Repubs & the Dems. I blame it on the Repubs because It's been known ever since Obama took office in Jan of 2009 that the Repubs were going to do everything in their power to throw a monkey wrench into whatever Obama would attempt to do to improve the economy & reduce the high unemployment rate that he inherited from the Bush admin. Mitch McConnell admitted that publicly, twice, in order to assure that Obama would be a term president only. The Repubs didn't care how much the American public would suffer as a result of their obstructionist agenda to screw over Obama, & they've succeeded beyond their wildest dreams (with the help of Obama & the Dems).

I blame Obama & the Dems for acting like wimps & wussies when it came to fighting the Repub agenda. Obama & the Dems allowed the Repubs to literally steamroll over them again even when the Dems had strong control of both Houses of Congress & had control of the WH.

And now that the Repubs have succeeded in their endeavors to destroy the Obama admin, the Dems continue to act like wimps & wussies by refusing to publicize the fact that the Repubs have caused all of this by being obstructionists from the very start. I hear nothing from the mouths of the Dems on this. Why aren't they speaking out on this loudly and daily? Perhaps it would show how weak they are.
+8 # vgirl1 2012-08-06 10:18
The jobs are exactly where the TPGOP and Romney want them to be.

All one has to do is remember that the TPGOP VOTED AGAINST the law brought forward by Democrats PROVIDING tax breaks to companies who bring jobs back to the US and the TPGOP VOTED AGAINST ENDING tax breaks for those who ship jobs overseas.
+9 # jwb110 2012-08-06 10:39
There is a lot of talk about the Romney donations to charity. Those charities are probably only to the Mormon Church, like they need it.
I read an article today about the wife of one of the richest men in India. The husband is worth billions. You know what she does with her money to stimulate the economy? She stimulates the building trades by building model cities for some of the 60,000 employes of her husbands companies. She and her husband planted millions of trees creating a lucrative mango business and using Mangrove trees have help to change the climate in one of the driest parts of India creating a rainforest for the employees and the environment. She built a world class Prep-school. She managed her husbands Cricket Team to a national winner.
If the rich on this country would only do these kinds of thing they would help to jumpstart the economy and no tax dollars would be spent. This is infrastructure that in the long run would benefit them and the nation. Like Carnegie building Libraries or The Astors support of the Met Museum of Art, ...these things offer opportunity to America and those at the top, the financial industry included, could easily bear the burden. They are champions of private enterprise so they should put their money where their mouth is.
Not doing these acts of charity to the nation, after all they have the biggest tax breaks in the known world, belies a complete vacuum of Fidelity to the Nation. They are far from patriots.
+11 # robniel 2012-08-06 11:06
Corporations and other businesses hire as a last resort, that is, when they absolutely need additional staff to service existing sales or to float new ventures. Until the middle class recovers financially and has cash to spend don't expect to see much new hiring. The fastest way for the middle class to recover financially is for Congress to pass the jobs bill to address America's deteriorating intrastructure and to help local government stop reducing staff (police, firefighters, teachers). The obstacle is the GOP, both establishment and the "Tea Party", which is why it's critical to vote them out of office ASAP.
+6 # reiverpacific 2012-08-06 11:13
Could it be that the true goal is to create a class of "Willing slaves"?
I don't know how many of you are getting on in years and no matter how well-educated and experienced you are, can't even get an interview or response to application for work in your field but that is what I'm seeing where I live, where I see young kids being hired a lot as they will work for cheap having never know a true living income so have nothing to compare it with.
I'm not going to repeat what has happened to me as a former small-business owner holding on by the fingernails but I'm a double-degreed and world-experienc ed professional reduced to being willing to do any kind of work to try and limp along and get some kind of foothold to re-energize myself and what was a good business I was proud of.
I find myself fighting depression constantly and seemingly losing. I've been a long-time battler but am wearing out fast.
Wonder what the suicide rate is these days from those who have given up? Nobody ever seems to address that -and are there any mental health establishments even willing to address this?
Don't look for any truth in the owner media where all is Pollyanna and infotainment.
And has anybody who has been self-employed for a long time suddenly found that they've forgotten how to work for somebody else? It's a paralyzing situation and I'd like to hear from some of you others who may be experiencing this.
+3 # dkonstruction 2012-08-06 12:19
reiverpacific, hang in there...i hear ya...i turned 50 this year and waslaid off twice in the last 3 years (the first time for 10 months) from two different non-profit housing orgs.i worked for (i've worked for housing non-profits for the past 22 years) when both experienced serious financial problems after the housing bubble burst. The first layoff was indeed a depressing and scary experience and i was totally panicked that i was going to lose the house my folks had left me and which i had to move into when i had to give up my apt in new york city (near my son) because i could no longer afford the rent. In addition to feeling depressed, i also felt abandoned by many of my still working friends...was a truly miserable experience.

I also saw jobs going to younger folks (including at my old job where i reapplied for a much lower level position grant writer position that became available...aft er 2 interviews i didn't even get a call, email or letter saying they had filled the position). these are indeed scary times for all and particularly i think for those of us of the age to get aarp mailings as well as to those just out of school saddled with lots of debt and no job prospects.

I have not been in your position (of having been self-employed) but nonetheless it was very disorienting to, after many years, suddenly have to walk into a new place and be the "new kid on the block". Wish i had other words of wisdom...hang in of luck.
+4 # Majikman 2012-08-06 12:37
You're not alone, reiverpacific. I think maybe that we who have been successfully self employed with extensive experience and knowledge in a field are a threat to employers as being seen as "non submissive". For me, being a (horrors!) Wal-Mart greeter is unthinkable.
A bunch of my geezer pals and I have been toying with the idea of forming our own co-op...a kind of up-scale version of the old hippie days but with private living quarters. Solves a myriad of issues we seniors face, while keeping us in control.
+4 # reiverpacific 2012-08-06 19:22
I appreciate the supportive words from RSN posters. I know I'm not alone but it hurts like Hell to have been an employer -and a generous one I think- and now can't even get the ear of an employer's recruiter who is probably less than 1/2 my age and wouldn't know where to start if faced by some of my past projects (I was senior Architect on two of the biggest projects in the world at one time).
I spoke to a couple of former associates today, both senior engineers with large engineering firms in the west. They have been laying off and still are, just to keep afloat (remember infrastructure? ) and another friend who is a principal with another formerly highly successful A/E firm that has gone from 750 employees worldwide to ling slaves!
+1 # Majikman 2012-08-06 23:58
C'mon, rp, time to think outside the box. Those days we loved are GONE. What we have now is some valuable problem solving skills that the youngsters don't. If a few geezers can bring a nuclear facility to a standstill, surely we can combine our efforts to help each other.
I thought life was perfect with my closet full of designer duds (to match my high power career), fancy car, blah, blah and thought it would never end. It was a shock to let it go.
I now live in jeans, sweats and riding breeches and couldn't be happier. I live with, and on, much less but find I give more to my friends, animals and community. Life is good.
+1 # reiverpacific 2012-08-07 12:37
Quoting Majikman:
C'mon, rp, time to think outside the box. Those days we loved are GONE. What we have now is some valuable problem solving skills that the youngsters don't. If a few geezers can bring a nuclear facility to a standstill, surely we can combine our efforts to help each other.
I thought life was perfect with my closet full of designer duds (to match my high power career), fancy car, blah, blah and thought it would never end. It was a shock to let it go.
I now live in jeans, sweats and riding breeches and couldn't be happier. I live with, and on, much less but find I give more to my friends, animals and community. Life is good.

Please address what you know of. I've LIVED MUCH OF MY LIFE OUTSIDE THE "BOX" most successfully and am being as creative as I know how. Trouble is that the reins are held by the uber-conformist s who live inside ever smaller boxes and we of a creative bent are now considered "unreliable".
I am a creative cook and culler of all means, have cut back on almost everything I considered excessive except for my tools of trade (I'm a potter, cook and musician too) and have no desire to own an expensive car or dress in a suit. Just to live decently from my own efforts and perhaps establish a couple of apprenticeships.
I expected the old saw "Pull yourself up by y'r bootstraps" so popular with reactionary ignoramuses who pop up on RSN. So don't make these assumptions based on values not mine.
+1 # Majikman 2012-08-07 15:06
I'm sorry that you think I insulted you. That was surely not my intent, but to share my experience. Nor did I intend to imply the old "bootstraps saw".
I have no control over anyone but myself (sometimes not even then when health becomes the issue as in my case.) I chose another path entirely from what I had known and loved doing...that's all I'm saying.
I wish you well.
+1 # reiverpacific 2012-08-07 18:53
Quoting Majikman:
I'm sorry that you think I insulted you. That was surely not my intent, but to share my experience. Nor did I intend to imply the old "bootstraps saw".
I have no control over anyone but myself (sometimes not even then when health becomes the issue as in my case.) I chose another path entirely from what I had known and loved doing...that's all I'm saying.
I wish you well.

I guess I'm a bit tetchy and over-sensitive, perceiving criticism around every corner as a result of feeling rejected and useless for so long now.
I wish you well too.
+1 # dkonstruction 2012-08-07 11:17

where are you located? I am in New York City and have been working for housing non-profits here for the past 20+ years. If you are close to the NYC area I would be happy to put you in touch with the non-profits i know who regularly use architects for their housing development projects.
+1 # reiverpacific 2012-08-07 13:43
Quoting dkonstruction:

where are you located? I am in New York City and have been working for housing non-profits here for the past 20+ years. If you are close to the NYC area I would be happy to put you in touch with the non-profits i know who regularly use architects for their housing development projects.

I live on the Oregon Coast so I'm about as far away as I could be and still be in the US.
Thanks for the good thoughts tho'.
0 # Beenie 2012-09-03 16:59
Corporations are also destroying their customer base! WE are their customer base and they will not react until we have to stop buying their products. I think I'll start now.

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