Social credit system foreshadowed by job market problems.

For years in the United States getting a good job was a matter of training to do a job that required a lot of training to do. Becoming a doctor of medicine took ten years of university and residency training. Becoming a scientist required several years of training. Getting a bachelor’s degree was the entry level requirement for a lot of good jobs and further university training was required for the best paid jobs, like engineering and pharmacy and teaching and nursing. Some jobs had their own entry level training and even if they didn’t pay well at first, you could eventually earn well after you were familiar with the job.

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That started to change with hostile takeovers that erupted in American businesses under financialization. The return on investment for an education was damaged when businesses were liquidated across the U.S. and well trained people became unemployed. That was pretty bad for a lot of otherwise employable people. The average time spent in a job went from a long time to less than four years, even in jobs that required five years of training.

The next blow to the American job market was AI screening and cancel culture and DEI and other ways of screening out job applicants instead of screening them in. When an algorithm rules out candidates who have no idea how to get past the algorithm, it becomes more and more true that getting a good education doesn’t lead to good employment anymore. Getting hands on training might not lead to long term employment either. That destroys the return of investment in training at American universities and also on-the-job.

Nowadays, the application process is contaminated, according to Kim Komando, with 40% fake job advertisements. In fact, a lot of people have no idea how to get a job these days. The job market is broken.

What I have been thinking is that the lack of legitimate job opportunities may be a gateway to aid the establishment of a social credit system. What if all you had to do to get a job in the context of a new social credit system is to get the appropriate ap on your phone for social credit credentialization? Wouldn’t that encourage you to bend the knee to a new social credit system?

As we see the American job market languishing through another year of having confusing mechanisms of application in an environment with little success in finding rewarding pay, rewarding benefits or even any position at all, it’s worth wondering what this is leading up to. Could it be a motivation to join social credit credentialing when it comes on the scene in the near future?

Neoliberals see Americans as their giant vending machine.

Addiction is nothing to joke about and being addicted to an infinite flow of money isn’t a funny problem. I saw a Joe Rogan Show clip today where Elon Musk refused to reveal all that he knows about all the ways our neoliberal government has been using America as a giant vending machine. There have been so many ways to steal non-existent money and put Americans on the hook for it. The U.S. went to a fiat monetary system during the Nixon Administration. We continued to pile up debt and Congress avoided restraining spending with a real budget. Omnibus spending bills became commonplace and now inflation is the result.

Without a budget, there’s no accountability for spending. DOGE has been revealing all kinds of spending shenanigans but Mr. Musk said that if he undermined all the grift pathways, by revealing them and shutting them all down, someone would surely think it is time to end Mr. Musk’s life. He has become unnerved by the things that he now knows from the DOGE investigations. Or at least that’s what it looked like and sounded like in the podcast.

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Some of those government and NGO spenders must have thought that they would never stop spending other people’s money and ruining other people’s chances. They wanted to do it for as long as the country had a leg to stand on. So ordinary people who go bankrupt because of huge medical costs should just realize that they made mistakes in their life….not that government policies have increased the cost of healthcare. When a young person can’t buy a house or pay for an education, that young person should think that they made mistakes and they shouldn’t believe that the government’s use of the country’s treasury as a resource of infinite spending and debt has ultimately been disastrous for them.

There are many other examples. Homelessness is a pretty serious penalty for ordinary people to face because the government followed disasterous outsourcing-of-labor policies encouraging corporations to move abroad. Neoliberals just wanted to couple economics (soft power) and politics (hard power) into an unbeatable one-two-punch motivator to get the world to shape itself into something that big bureaucrats wanted. And that something would bring new opportunties to the bureaucrats themselves. Just like an infinite vending machine should.

I wrote in my book, Political Catsup with Economy Fries, which I published in 2015, that putting politics and economics together the way the neoliberals are doing doesn’t create prosperity. It can game the system for insiders but it destroys markets by undermining market feedback mechanisms of profit and loss and brings corruption into politics. So here we are.

I am sorry, Mr. Musk, that the jockeys of infinite spending are mad at you. I think that you were right to delegate the DOGE work to a lot of other people. Perhaps you could start training and multiplying the number of helpers you have to stop the use of America as an infinite vending machine. America has never been able to infinitely sustain so much waste and abuse as we have seen these last twenty years.