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Joe BidenCongratulations to our presumptive Democratic nominee, Joe Biden!

Thu Dec 5, 2019, 03:44 PM

 

I just saw an article on Klobuchar's worker retraining proposal

Amy Klobuchar is saying she wants to give tax cuts to help workers that lose their job through automation.

How are tax credits going to help someone that lost their job and is either making no income or is making so little that they probably are not paying much in income tax. There was not a lot of detail in the reporting.

If the tax credits instead go to a company willing to emply/retrain the employee, I can't help but see this as another give away to corporations where we will soon be bankrolling all their worker training programs.
If I were to vote in a presidential
primary today, I would vote for:
Undecided

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Reply I just saw an article on Klobuchar's worker retraining proposal (Original post)
TheRealNorth Dec 2019 OP
marble falls Dec 2019 #1
pnwmom Dec 2019 #2
Hoyt Dec 2019 #6
scarletwoman Dec 2019 #3
Newest Reality Dec 2019 #4
loyalsister Dec 2019 #7
Newest Reality Dec 2019 #9
Demsrule86 Dec 2019 #5
Sherman A1 Dec 2019 #8

Response to TheRealNorth (Original post)

Thu Dec 5, 2019, 03:45 PM

1. Great question.

 

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to TheRealNorth (Original post)

Thu Dec 5, 2019, 03:52 PM

2. Tax credits are not the same as tax deductions.

 

Even unemployment payments are taxable income, and many people have earned money before the lost their jobs. A tax credit could give this worker a full tax refund in that amount -- not just a deduction based on income level.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to pnwmom (Reply #2)

Thu Dec 5, 2019, 03:59 PM

6. The winner. Tax credits are much better than deductions.

 

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to TheRealNorth (Original post)

Thu Dec 5, 2019, 03:54 PM

3. How about posting the article so we can read & judge for ourselves?

 

I'd be interested in what it says.
If I were to vote in a presidential
primary today, I would vote for:
Undecided

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Response to TheRealNorth (Original post)

Thu Dec 5, 2019, 03:57 PM

4. Good point.

 

You know, I think we need some really up-to-date thinking and investigation into the problem of AI and automation, especially since it is rather novel and not very mainstream YET, (oh it will be in a MAJOR way soon).

Generally, corporations are going to use AI and automation to their advantage for jobs that it can do well, (and will be able to increasingly do as this proceeds) Yes, they will cut production time and costs and increase efficiency, but they will also decrease the number of humans required and also be able to use automation as leverage to continue to fight for lower wages, less or no benefits, etc.

I have not seen enough about what new jobs or types of work will really come to fill the void and I am not impressed by attempts to sell the Fourth Industrial Revolution as a new kind of jobs creator to any degree that will assure work/income for growing numbers of people unto potentially critical proportions. This is not like previous revolutions of this kind. There are many details and nuances here, but that's the general picture and how and what people can do better so far is also a factor.

I am not necessarily a Yang supporter, but he does get this. I wish all of our candidates were getting a finger pointing at a looming crises that is not going to be as slow and gradual as some might think. It will get a gradual start and then accelerate rapidly even unto exponential increases.

So, training of some sorts may be a stopgap measure, but only for SOME kinds of people/workers and certainly not to the degree that will offset the losses to come in wages and available employment.
If I were to vote in a presidential
primary today, I would vote for:
Undecided

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Response to Newest Reality (Reply #4)

Thu Dec 5, 2019, 04:04 PM

7. I'm not impressed with the "retraining" rhetoric or strategies

 

I do appreciate Yang's willingness to talk about it honestly and I wish other candidates would too. It's not like we haven't known this is coming for like decades. I say to hell with the protestant work ethic narrative.
If I were to vote in a presidential
primary today, I would vote for:
Undecided

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Response to loyalsister (Reply #7)

Thu Dec 5, 2019, 04:21 PM

9. I am with you on that!

 

You said it!
If I were to vote in a presidential
primary today, I would vote for:
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Response to TheRealNorth (Original post)

Thu Dec 5, 2019, 03:58 PM

5. No, No and No...she is from the Mid West and should know better...retraining is a dirty word...

 

Retrain for what exactly...please please stop Sen. KLobachar.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to TheRealNorth (Original post)

Thu Dec 5, 2019, 04:07 PM

8. I will go with Andrew Yang's information on job retraining programs and his look into the future of

 

the workplace

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If I were to vote in a presidential
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