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Thread: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    You continue to avoid the point, you would not be hired by him, you could not therefore claim from a personal viewpoint that he is a good employer, only those who work for him can make that personal judgement.
    I love how you totally ignore anything that flies in the face of your personal distorted opinion. You really need to seek some help especially with reading comprehension and to cure your ignorance of reality.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    I did not make such a judgement, I said anyone who whines about the long term unemployed, constantly using them as a club in their arguments....when they previous and continuously repeat they would not hire the long term unemployed.......are making hypocritical statements.

    It is remarkable that you have yet to comprehend that.
    Hmmm.

    I'm thinking you have a difficult time comprehending what you write.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Mithros View Post
    It's simple, productivity has greatly outpaced wages. Things are made so that they can be sold. The only people who can buy things are people who make money. Employment drops when productivity outpaces wages.

    Wages - savings + borrowing = consumption
    Consumption / productivity = # of jobs.
    Yet that ignores the growth in new industries and expansion of technology. How many billionaires were created by Facebook, Microsoft, Apple? New businesses crop up as new technology becomes available. The key for people is to keep up with changes in the economy and not rely on the Federal Govt. to provide for their living expenses.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    I love how you totally ignore anything that flies in the face of your personal distorted opinion. You really need to seek some help especially with reading comprehension and to cure your ignorance of reality.
    You need to knock off the personal attacks before you get reported.

    If you can't deal with the argument in other than personal attacks, find some other pastime.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ocean515 View Post
    Hmmm.

    I'm thinking you have a difficult time comprehending what you write.
    You have nothing, like con, so you resort to the purely personal.

    Same warning.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    You need to knock off the personal attacks before you get reported.

    If you can't deal with the argument in other than personal attacks, find some other pastime.



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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Yet that ignores the growth in new industries and expansion of technology. How many billionaires were created by Facebook, Microsoft, Apple? New businesses crop up as new technology becomes available. The key for people is to keep up with changes in the economy and not rely on the Federal Govt. to provide for their living expenses.
    Priceless, you don't argue for training for those new technologies, you argue for more billionaires.

    Ayn Rand strikes again.

    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by ocean515 View Post
    So to improve employment, the country needs to become less productive?
    That's one way, a better way is to pay people more, cease the preferential treatment of capital income (especially non-realized), and promote education.

    Think about the transition from handmade to assembly line goods. It's hard to argue that the transition has not been a good thing. However, it caused problems until the workers formed unions and earned a reasonable wage.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Yet that ignores the growth in new industries and expansion of technology. How many billionaires were created by Facebook, Microsoft, Apple? New businesses crop up as new technology becomes available. The key for people is to keep up with changes in the economy and not rely on the Federal Govt. to provide for their living expenses.
    It doesn't ignore it, it's just not part of the macroscopic equation.

    Productivity is a measure of how much stuff a worker makes. That stuff can be a good, a service or IP.
    Wages are related to how much that worker can consume.

    If average productivity outpaces wages, then average consumption won't be able to keep pace with productivity. And if consumption doesn't keep pace with productivity then businesses can keep pace with consumption with fewer workers. There's really no way around it.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    Yes, because business has to adjust they do, and that adjustment means fewer employees and no growth. Congratulations on exceptional Obama leadership for generating that kind of climate. Anyone that thinks the Presidential leadership doesn't impact the economy and human behavior is truly nave.

    Not necessarily. Here it means fewer part time and more full time. If there is business, they will hire and grow. It is that simple.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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