Unemployment
Essay title: Unemployment
There are many negative effects that come from unemployment. One being that those who are unemployed may not be able to afford many of the things that are necessary in order to barely make a living and support the economy of the United States. For example; if the unemployment rate is 9.675%, then that is 9.675% of the U.S.’s total population not counted in the labor force. It also forces people into poverty. If someone is let go in order to maximize profits, and they are no longer able to support themselves or even their families, and are unable to find a job that can accommodate their needs, how are they supposed to live up to the standard of living?
From a more corporate perspective, unemployment can have its benefits. You maximize your profits by eliminating costs by letting its workers go. You don’t have to worry about worker’s benefits, and if you shut down an entire plant, like the PayDay™ plant in Wisconsin, you can sell the factory and make even MORE profit.
There are many more alternatives to staying competitive than cutting American workers’ jobs. Companies could, for instance, instead of seeing who can maximize profits the most by cutting the most jobs, se who can maximize profits the most by seeing who can come up with the better, newer products first. Companies are just too lazy to think of something new that could raise profits exponentially, and so they decide to cut back on workers instead.
Michael Moore’s point of view on downsizing and unemployment is that it is selfish and immoral. To treat human beings like old toys, to be tossed away when they can no longer reach their full potential or when they just aren’t to your pleasing anymore, just to save an extra $6.75 an hour. Not even to make that much, but just to save it.
In a sense I do agree with Michael Moore’s point of view