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Old 01-20-2014 | 10:51 PM
  #86  
Busboy
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Joined: Aug 2006
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Originally Posted by Seasick Sailor
Creating Jobs is not the real issue. The real issue is creating economic wealth for everyone. Jobs that produce wealth should be the objective. I could provide for two jobs by hiring one man to dig holes in my backyard and another to fill those holes. But in that instance there would be no creation of wealth, only it's destruction.
That's why I brought up the DC-10 to MD-10 conversion. The converted airplanes don't carry more freight, don't fly farther, don't fly faster or with less fuel. The technological advance was made almost exclusively at the cost of jobs. And, the economic impact was felt throughout the entire Western Hemisphere. The flt engineers not only lost their flying jobs...They had to give up their hole filling jobs in VCP.
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