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  1. #1
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    There are more jobs than people out of work, something the American economy has never

    So let's impeach the guy presiding over this and put a Democrat in?



    https://www.cnbc.com/2018/06/05/ther...t-of-work.html

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  3. #2
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    He has my vote.
    Best thing that has happened o American in decades.


    Sent from LG Stylo 4 using Tapatalk
    ...

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  5. #3
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    I heard that unemployment is only low because people are working two and three jobs.

    PHM
    -------


    Quote Originally Posted by Special-K View Post
    So let's impeach the guy presiding over this and put a Democrat in?



    https://www.cnbc.com/2018/06/05/ther...t-of-work.html
    PHM
    --------
    The conventional view serves to protect us from the painful job of thinking.

  6. #4
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    doesnt matter if they are working 2 or 3 jobs. unemployment goes by people out of work, not jobs taken.

    And thankfully there are enough jobs for people to work 2 or 3 and not just one. Then with one person taking so many jobs and the unemployment is still low, what does that say.

  7. #5
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    Quote Originally Posted by Cool breeze 38 View Post
    doesnt matter if they are working 2 or 3 jobs. unemployment goes by people out of work, not jobs taken.

    And thankfully there are enough jobs for people to work 2 or 3 and not just one. Then with one person taking so many jobs and the unemployment is still low, what does that say?.
    What is says to a lot of people is that they don't like having to work two or three jobs that don't pay much, and still barely get by. "Income inequality" has been a big issue for a while, and will be a big election issue.

  8. #6
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    My first thought is there actually more jobs than unemployed or are they still using the bogus calculation system created by BHO to make his numbers look better. Under the last guy if you quite looking for a job you were no longer unemployed, you were only unemployed if you were actively looking for a job.

    Next PHM was making a joke based on a idiotic statement made by a Dem politician.

    Lastly, people working 2-3 jobs to make ends meet are a sign that increases in the minimum wage are actually hurting those they are meant to help. Raising wages raises prices making it harder to make ends meet. Minimum wage is mainly on entry level jobs so kids can learn a skill and get an understanding of the working world, not a job for life. As you raise the minimum you have to increase the rest. If you make $10/hr for several years and minimum goes up to $10/hr are you going to be happy staying at $10 when the newbee is now making the same? Some how I don't think so. As this happens, because of the need to maintain a profit margin prices go up faster than wages. So it ends up the guy working at McD's can't afford a big mac.

  9. #7
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    But that is the exact point! Low priced Big Mac's are a Tax on poor people - and that Subsidizes rich people! That is unfair. One of the biggest problems we face is having to make rich people get paid minimum wages and poor people get paid lots of money so they can become rich people. And even beyond that: expensive Big Macs are a basic human Right . . .

    oh sorry - I was channeling Bernie there for a second.

    Whew! As you were.

    PHM
    --------



    Quote Originally Posted by BNME8EZ View Post
    My first thought is there actually more jobs than unemployed or are they still using the bogus calculation system created by BHO to make his numbers look better. Under the last guy if you quite looking for a job you were no longer unemployed, you were only unemployed if you were actively looking for a job.

    Next PHM was making a joke based on a idiotic statement made by a Dem politician.

    Lastly, people working 2-3 jobs to make ends meet are a sign that increases in the minimum wage are actually hurting those they are meant to help. Raising wages raises prices making it harder to make ends meet. Minimum wage is mainly on entry level jobs so kids can learn a skill and get an understanding of the working world, not a job for life. As you raise the minimum you have to increase the rest. If you make $10/hr for several years and minimum goes up to $10/hr are you going to be happy staying at $10 when the newbee is now making the same? Some how I don't think so. As this happens, because of the need to maintain a profit margin prices go up faster than wages. So it ends up the guy working at McD's can't afford a big mac.
    PHM
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    The conventional view serves to protect us from the painful job of thinking.

  10. #8
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    That's funny: I did originally want to make that point - but I thought it took away from the joke so I left it out.

    What you mention is a problem - but where does solving it begin? Poor people - or let's say: minimum wage workers, still want everything. So it has been a two-edged sword. Three-edged if you add in; basics economics is not directly taught and was probably not even demonstrated to a large number of them.
    Wages have not increased even in step with prices - And there are far more 'necessities' of Life now: electronics of all sorts; unregulated phone service, cable & internet, and all the various amusements. Designer clothing products.

    How can this problem be effectively addressed / resolved?

    PHM
    --------



    Quote Originally Posted by newoldtech View Post
    What is says to a lot of people is that they don't like having to work two or three jobs that don't pay much, and still barely get by. "Income inequality" has been a big issue for a while, and will be a big election issue.
    PHM
    --------
    The conventional view serves to protect us from the painful job of thinking.

  11. #9
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    The best way to fix income inequality is to let the free market do it. A lot of entry level jobs are now paying high teens per hour or more; employers are having to pay more to get people to apply.

  12. #10
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    Quote Originally Posted by Poodle Head Mikey View Post
    That's funny: I did originally want to make that point - but I thought it took away from the joke so I left it out.

    What you mention is a problem - but where does solving it begin? Poor people - or let's say: minimum wage workers, still want everything. So it has been a two-edged sword. Three-edged if you add in; basics economics is not directly taught and was probably not even demonstrated to a large number of them.
    Wages have not increased even in step with prices - And there are far more 'necessities' of Life now: electronics of all sorts; unregulated phone service, cable & internet, and all the various amusements. Designer clothing products.

    How can this problem be effectively addressed / resolved?

    PHM
    --------
    No easy answers Mikey. I believe, like Im sure most here believe that the free market is the best system. But there are many, and the dems like Sanders are leading them into believing Socialism is better. When people see a handful of people with so many Billions of dollars , while they work hard and can barely eat, that can become a recipe for disaster. Capitalism is best, but I think we have to make an effort not to make it look so greedy and leave too many people behind.


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  13. #11
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    Minimum wage laws exclude most teens looking for their first part-time jobs. Also pushes automation for customer "service" like the phone he-- you get calling anyone these days. Even Micky Dees is installing kiosks for ordering/paying for food to eliminate labor. More to come!

    For an example of early adopters of "living wage" legislation, see the streets of San Fran or Seattle...
    A dying culture invariably exhibits personal rudeness. Bad manners. Lack of consideration for others in minor matters. A loss of politeness, of gentle manners, is more significant than is a riot.
    ― Robert A. Heinlein

  14. #12
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    I was looking all this up last night.
    People are working less hours and making more money after adjusted for inflation.
    Those that saw the most gains were in the 30 to 200 thousand income range.
    So people are working less hours and making more money.
    It didn't go in how many part times jobs people had vs the past.
    However part time jobs increased under Obama so employers could beat the healthcare mandate.. so people might end up working two jobs vs one

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  15. #13
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    Quote Originally Posted by newoldtech View Post
    No easy answers Mikey. I believe, like I’m sure most here believe that the free market is the best system. But there are many, and the dems like Sanders are leading them into believing Socialism is better. When people see a handful of people with so many Billions of dollars , while they work hard and can barely eat, that can become a recipe for disaster. Capitalism is best, but I think we have to make an effort not to make it look so greedy and leave too many people behind.


    Sent from my iPhone using Tapatalk
    While this is true I hear about all the immigrants that came from nothing, came to America, worked their butt off and ended up millionaires. You use to hear those stories of natural born citizens, but not so much anymore. We as a culture have gotten soft, some times I look in the mirror and see the Stay Puffed Marshmallow man staring back. Our forefathers would be ashamed and we should be also but we have it too easy so why care.

    I have had discussions with others about how on one income we took vacations with our parents yet today with 2 incomes we struggle to even have vacation every 5 years or so. The conclusion came down to all the stuff we pay for our parents didn't, cell phones, cable, computers, 2 cars, fast food/eating out, multiple TV's and other latest gadgets to name a few. Some days I think about my cable/phone/internet bill and wonder WHY!!! but pay the bill and move on to the next ridiculous thing in life in
    America today.

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