The REAL Cause of Unemployment - ATMs

So who is saying that the economy is the President's responsibility?

Oh, yeah, the DNC Chair: http://www.politico.com/news/stories/0611/57025.html

Oh, yeah, the President: http://www.realclearpolitics.com/vid...countable.html

Why are you liberals going against the President? He and the DNC chair say it's all theirs. I will support the President on this one, it's yours Mr. President.

You have brinks truck deliver money to a bank and you have a bank with 2 or 3 tellers doling out the money everyday. Those banks still have those 2 or 3 tellers and 20 ATMs scattered all over. You have hired an extra brinks truck to keep those machine full for you and those machines have people on call to fix the machines. I don't see much of a job loss there.

You forgot that when they steal the ATM they have to get a new one, someone has to stock it, someone has to deliver it, and someone has to set it up.

One brinks truck can service 100 atm's. Before ATMs, there would have been a real person dealing with the customers using the ATMS. They dont have employees who only handle the ATMS machines, they push those duties onto the remaining tellers. How many banks are their nation wide, lets say there are 10,000. Lets look at the numbers

ATMS - replaced 10,000 employees
Brinks Trucks needed - 100 employees to staff and maintain 500
Employees to build ATM's - 500
Employees to build trucks - 500

10,000
-500
-500
-500
-100
net loss in tellers -8500

8500 people lost their jobs.

best get rid of self checkout lanes too. only makes sense. god damn that technology has fucked up everything.

DD.,

Some people will only see what they want to see, some people will believe only what they want to believe.

Its like talking to a brick wall.

But, if Palin had said it........OMG it MUST be true.

wonder if palin had said ATMs were causing unemployment would have been played out.

One also has to factor in new jobs created by technology that make us more productive overall. So automation has destroyed jobs in nearly every aspect of the job market, from factory workers replaced by a machine to bank tellers, grocery store retailers, etc.

On the other hand, freeing up workers who work in low end, low productivity jobs is necessary to have a workforce ready and available to produce higher end, high tech goods. If our workers were still sitting at looms making textiles, they wouldn't be able to produce computers, blackberries etc.

The point that is being missed here is that the challenge we face today is innovating the next generation of technology so that our workers remain, as they have been since our nation's founding, on the cutting edge of technology.

One also has to factor in new jobs created by technology that make us more productive overall. So automation has destroyed jobs in nearly every aspect of the job market, from factory workers replaced by a machine to bank tellers, grocery store retailers, etc.

On the other hand, freeing up workers who work in low end, low productivity jobs is necessary to have a workforce ready and available to produce higher end, high tech goods. If our workers were still sitting at looms making textiles, they wouldn't be able to produce computers, blackberries etc.

The point that is being missed here is that the challenge we face today is innovating the next generation of technology so that our workers remain, as they have been since our nation's founding, on the cutting edge of technology. Originally Posted by SinsOfTheFlesh

I dont disagree with you but right now, job losses are exceeding jobs gained through technology. So in actuality what the President said was factual, of course simpltons like Deacon tend to leave out words and sentences when they want to take whats said and use it as a political tool.

DD.,

Some people will only see what they want to see, some people will believe only what they want to believe.

Its like talking to a brick wall.

But, if Palin had said it........OMG it MUST be true. Originally Posted by MsElena

I know what your saying is true, but he is such a simple simon individual I cant help but mess with him. Its boggles my mind to think how stupid one's parents have to be to produce a nitwit GOP clone like this.

http://www.youtube.com/watch?v=x-9Fa...eature=related

god damn that technology,,lmao..dd you cant mess with anybody. you are too stupid to care about. btw sins, another great post.

So we must end this terrible onslaught of progress so Americans can compete. Odd a Democrat would make that claim, sounds like a Republican position. I hope I can find that buggy whip stock my grandfather left me.

Or, the US could adopt policies that encouraged business to keep the new jobs here, rather than sending them to China and India.

So we must end this terrible onslaught of progress so Americans can compete. Odd a Democrat would make that claim, sounds like a Republican position. I hope I can find that buggy whip stock my grandfather left me.

Or, the US could adopt policies that encouraged business to keep the new jobs here, rather than sending them to China and India. Originally Posted by CuteOldGuy

.......the best part is dirty dog saying it is used as a political tool..lmao. the liberal left would never do such a thing..

I thought Anthony Weiner was the political tool?