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Thread: US unemployment lowest in 4 years

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Captain Adverse View Post
    I have no respect for people who see only the short-term benefits and ignore the long-term detriments. Those "benefits" and detriments have been clearly explained. Perhaps you need a lesson in what "greed" really means?
    Thanks but I have a dictionary.

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by fmw View Post
    Thanks but I have a dictionary.
    What is frustrating is the political greed that is occurring today all in the "name of compassion' where the liberal elite claim that want to help but what they are doing is helping themselves to power by creating dependence. Amazing how anyone can support a 3.77 trillion dollar govt. and then demonize the businesses that create the real jobs in this country, the private sector.

    There isn't a person that has to shop at Walmart and there isn't a person that has to work at Walmart. The entitlement society is destroying this country and is being spurred on by the left all with the desire to retain power. Not many people really know the Walmart model and talk out their rear ends not knowing that Walmart creates value for the consumers, gives people a starter job, offers benefits, and promotes from within. Not a bad model for many workers who lack the education and experience yet can actually get a job and work their way into a management position. Today we need the Walmart's of the world and anything else that will build businesses that create jobs and that isn't the Federal Govt.
    '

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by fmw View Post
    Thanks but I have a dictionary.
    Which you apparently haven't bothered to read. You're welcome.
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Conservative View Post
    What is frustrating is the political greed that is occurring today all in the "name of compassion' where the liberal elite claim that want to help but what they are doing is helping themselves to power by creating dependence. Amazing how anyone can support a 3.77 trillion dollar govt. and then demonize the businesses that create the real jobs in this country, the private sector.

    There isn't a person that has to shop at Walmart and there isn't a person that has to work at Walmart. The entitlement society is destroying this country and is being spurred on by the left all with the desire to retain power. Not many people really know the Walmart model and talk out their rear ends not knowing that Walmart creates value for the consumers, gives people a starter job, offers benefits, and promotes from within. Not a bad model for many workers who lack the education and experience yet can actually get a job and work their way into a management position. Today we need the Walmart's of the world and anything else that will build businesses that create jobs and that isn't the Federal Govt.
    '
    What they refuse to understand is that every single nickel of wealth in our society arose and arises from business profits. They live in the world's wealthiest nation because of business profits. They have their bloated government because of business profits. They even own their homes and cars thanks to business profits. Yet they hate business profits. It is ignorance that borders on stupidity.

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Conservative View Post
    What is frustrating is the political greed that is occurring today all in the "name of compassion'... Amazing how anyone can ...demonize the businesses that create the real jobs in this country, the private sector.
    I am not arguing from "compassion," but rather from common sense. As for "demonizing" a bussiness like Wal-Mart? That business does not "create real jobs in this country." That business creates "service" jobs, which any 13 year-old with any upper body strength and basic math knowledge can do. That business pays crap wages, and even then makes sure that each worker it hires; temporary, part-time, or full-time, works as few hours as legally possible each week to cut labor costs.

    Quote Originally Posted by Conservative View Post
    There isn't a person that has to shop at Walmart and there isn't a person that has to work at Walmart. The entitlement society is destroying this country and is being spurred on by the left all with the desire to retain power. Not many people really know the Walmart model and talk out their rear ends not knowing that Walmart creates value for the consumers, gives people a starter job, offers benefits, and promotes from within. Not a bad model for many workers who lack the education and experience yet can actually get a job and work their way into a management position. Today we need the Walmart's of the world and anything else that will build businesses that create jobs and that isn't the Federal Govt.
    Sounds more like anyone who honestly believes this crap about Wal-Mart is the one who is talking out of their rectal orifice. Anyone who checks out the real history of Wal-Mart starting when it began it's current business plan knows most of what you've said is B/S. Educate yourself instead of falling for that propaganda line. http://www.youtube.com/watch?v=Jazb24Q2s94

    Quote Originally Posted by fmw View Post
    What they refuse to understand is that every single nickel of wealth in our society arose and arises from business profits. They live in the world's wealthiest nation because of business profits. They have their bloated government because of business profits. They even own their homes and cars thanks to business profits.
    Until they don't anymore. Most Americans don't own their homes, their mortgage lender does. They are typically trying to pay off 30+ year loans followed by a major balloon payment. Those few elderly who've managed to do this can't seem to live on their pensions so we have "reverse mortgage" plans constantly working to try and get the property back into the hands of investment banks. This country is hardly the wealthiest in any real sense of the term. Oh yes we do have major resources untapped as of yet, and we still have a technological lead in some areas that is fast disappearing. But we also have massive debt that permeates our entire society, government and private citizen alike, buoyed up by fiat currency. That means our nation currently has a mere facade of weath, since most of the real wealth is held by a couple of thousand citizens out of a population of 350 millions. Like the guy who moved to Singapore, those people can always move away and take their wealth with them, eh?

    Quote Originally Posted by fmw View Post
    Yet they hate business profits. It is ignorance that borders on stupidity.
    Very few people hate business profits. I certainly don't. I only hate "rapacious business profiteering." The kind that advocates whatever it takes to squeeze an extra dime, nickel or quarter in profits regardless of the detrimental effect it may have on their customers, their consumers economy. Essentially, if I don't have a job or some other form of income to draw upon (welfare, pension plan, disability, lottery winnings (LOL)) it does not matter how cheap your goods are I can't buy them. So if you prefer to profit by taking jobs away from the economy, as well as most of the money you earn in profits by investing it outside the nation and paying reduced wages to foreign citizens....yeah I'd say that qualifies as rapacious business practices.

    When you claim to be benefiting America as an American corporation, but you are bettig that your profits in the new "global market economy" will offset the eventual destruction of the American economy caused by your business practices, yes I'd say that qualifies as rapacious business practices.

    Unless you two belong to that "couple of thousand wealthy" and can move with all your wealth elsewhere when the collapse eventually occurs...you'll be here squatting in the aftermath just like the rest of us.
    Last edited by Captain Adverse; 08-07-13 at 01:52 PM.
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

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    Re: US unemployment lowest in 4 years

    Captain Adverse;1062156085]I am not arguing from "compassion," but rather from common sense. As for "demonizing" a bussiness like Wal-Mart? That business does not "create real jobs in this country." That business creates "service" jobs, which any 13 year-old with any upper body strength and basic math knowledge can do. That business pays crap wages, and even then makes sure that each worker it hires; temporary, part-time, or full-time, works as few hours as legally possible each week to cut labor costs.
    Spoken like someone who reads about Walmart but never competed against Walmart. I competed against Walmart and you are so far off base that it will take a GPS to find your way back. Crap wages? Define it? Any wage isn't crap unless you know all the expenses of those workers that are hired for those Walmart wages. Walmart only pays minimum wage as a starting wage and then promotes from within. If anyone is making minimum wage after 90 days they are overpaid at minimum wage. Walmart will always pay market wages which some people will never understand and in addition I have never seen a Walmart hiring manager hold a gun to the head of a prospective employee to go to work for them.


    Sounds more like anyone who honestly believes this crap about Wal-Mart is the one who is talking out of their rectal orifice. Anyone who checks out the real history of Wal-Mart starting when it began it's current business plan knows most of what you've said is B/S. Educate yourself instead of falling for that propaganda line. Walmart: The High Cost Of Low Prices FULL MOVIE - YouTube
    Opinions noted, now get the rest of the story? Employees are promoted from within with cashiers actually going into management. Guess you believe that a new employee should start out as manager? Never fell for the propaganda line, competed against Walmart and the propaganda is what you are spewing here.

    Until they don't anymore. Most Americans don't own their homes, their mortgage lender does. They are typically trying to pay off 30+ year loans followed by a major balloon payment. Those few elderly who've managed to do this can't seem to live on their pensions so we have "reverse mortgage" plans constantly working to try and get the property back into the hands of investment banks. This country is hardly the wealthiest in any real sense of the term. Oh yes we do have major resources untapped as of yet, and we still have a technological lead in some areas that is fast disappearing. But we also have massive debt that permeates our entire society, government and private citizen alike, buoyed up by fiat currency. That means our nation currently has a mere facade of weath, since most of the real wealth is held by a couple of thousand citizens out of a population of 350 millions. Like the guy who moved to Singapore, those people can always move away and take their wealth with them, eh?
    Wow, I only hope that someday I am as smart as you think you are. Your opinions are just that opinions and you have no idea the financial condition of MOST people. Does personal responsibility exist in your world. People who buy a home with an Adjustable rate mortgage should know what they are buying and what the costs. A balloon payment at the end is spelled out at closing and if they cannot make that payment they bought a home they couldn't afford or does that even exist in your world?


    Very few people hate business profits. I certainly don't. I only hate "rapacious business profiteering." The kind that advocates whatever it takes to squeeze an extra dime, nickel or quarter in profits regardless of the detrimental effect it may have on their customers, their consumers economy. Essentially, if I don't have a job or some other form of income to draw upon (welfare, pension plan, disability, lottery winnings (LOL)) it does not matter how cheap your goods are I can't buy them. So if you prefer to profit by taking jobs away from the economy, as well as most of the money you earn in profits by investing it outside the nation and paying reduced wages to foreign citizens....yeah I'd say that qualifies as rapacious business practices.
    Who forces you to buy from companies that make those so called "rapacious business" profits? If you don't have a job in this market whose fault is that? There are jobs to be had maybe not THE job but you gain experience with each job.

    When you claim to be benefiting America as an American corporation, but you are bettig that your profits in the new "global market economy" will offset the eventual destruction of the American economy caused by your business practices, yes I'd say that qualifies as rapacious business practices.
    You really don't understand the make up of the American economy and what percentage those evil corporations are of that economy. Stop buying what you read and get the facts. It is the small businesses that are the backbone of the U.S. economy and this Administration nor you seem to understand that

    Unless you two belong to that "couple of thousand wealthy" and can move with all your wealth elsewhere when the collapse eventually occurs...you'll be here squatting in the aftermath just like the rest of us.
    Sounds like a lot of jealousy to me. You live in a country where you can be the best you can be and based upon what I see you only have yourself to blame for your plight in life. The only thing keeping you down is your attitude and jealousy. Blaming someone else is always easier than going out and earning what someone else has.

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Captain Adverse View Post
    LOL Nice try. Ignore reality and surround yourself with hired security as you continue to use what you call the "rule of law" to create the very mob mentality you fear so much.

    I prefer to diffuse that possibility by advocating businesses engage in sane methods of profit by thinking long-term stable growth rather than short-term rapacious growth. Something like logging firms who replant trees and give them time to regrow so they have future resources to draw upon; rather than the old chop, chop, chop and who cares if we run out of trees as long as we can make a profit now mentality.
    Enjoy. I see no point in continuing.

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Higgins86 View Post
    ...the new jobs helped the unemployment rate to fall to 7.4%.

    overall positive for the US economy hopefully this is a sign of recovery worldwide.
    Title: US unemployment lowest in 4 years

    Yup, except that still leaves it, at the very least, as bad as it was 4 years ago. That's like shooting someone out of a cannon and saying, "Don't worry, you'll fall back down."

    Here's a graph of the unemployment rate, from spreadsheet data I got from FRED. U-6 includes underemployment and other factors that create more competition for jobs; I think it's a much better indication of recovery (or not). Although they've both started to fall around 2010, there's been no real change in underemployment (the difference between the two lines). It implies that a large portion of the "recovery" is more like "moving it around on your plate" economics. They're not creating more hours, just splitting the same hours among more workers.

    ue-graphs.jpg

    I'll be impressed when it falls down to 2006 levels.

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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Captain Adverse View Post
    There it goes, the old "blame everyone else but corporate greed for the ills of the current economy" meme.

    Of course, none of that was the result of fiat currency and the inherent inflation that goes with it. So inherent that all of members who claim to be economists argue about how "normal" it is and how it should be ignored or accepted. Why should anyone expect more wages when their original pay doesn't cover their basic needs anymore due to devalued currency?

    None of that was the result of stockholder greed, demanding massive returns on relatively minimal investments which led to policies of cutting costs by any means necessary to increase profits. An attitude happily supported by coporate officers whose efforts allow them to demand annual salaries 150 or more times greater than any worker they get rid of.

    None of that was the result of business practices that turned entire rivers into such polluted messes they frequently caught fire, or areas of land so poisonous people died living on or near them. Practically forcing government interference in environmental regulation.

    Of course, it's all the Unions fault for developing out of the horrors of American sweat shops, unsafe mines, and factory nightmares. Where men, women and even children were compelled to work 12 to 15 hour days little better than paid serfs just to make enough to make ends meet.

    BTW, all this wealth and power was built on land and resources stolen from the original owners and then "legally" transferred by the magic of "land claims." Of course a land claim was nothing more than "I just killed the prior owners, so this is MINE now." Well, with that as a historical basis, it's hard to argue that someone else can't come along and simply TAKE what was yours if they get strong enough and pissed enough to do so.

    Now, you blame a particular political party, and a particular President who happens to currently hold the office instead of recognizing no political party has the moral high ground here? You don't strike me as a man who is himself a "captain of industry" rolling around in wealth you feel needs protecting; you sound more like a drone indoctrinated in the ideals that greed is good and if you only wait long enough and get lucky enough you too will reap the rewards and get to have your kids prance around the world like Paris Hilton.

    I am no "leveler." I think every man IS entitled to the fruits of his labor or the wealth gained by his mind. All I am saying is, why cut your own throat by destroying the very economy that allowed you to gain those fruits and that wealth?
    Well, that is quite a diatribe for a simple paragraph posing three questions in which instead of answering, you chose to sanctimoniously personally attack me. I may not be a "captain of industry" as you say, but I recognize a run of the mill communist when I read one.
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    Re: US unemployment lowest in 4 years

    Quote Originally Posted by Conservative View Post
    …Any wage isn't crap unless you know all the expenses of those workers that are hired for those Walmart wages. Walmart only pays minimum wage as a starting wage and then promotes from within. If anyone is making minimum wage after 90 days they are overpaid at minimum wage. Walmart will always pay market wages which some people will never understand and in addition I have never seen a Walmart hiring manager hold a gun to the head of a prospective employee to go to work for them.
    Crap wages exist when the employee qualifies for welfare. Many part-time Wal-Mart employees do. Crap wages exist when an employee has to use Food Stamps. Many full-time Wal-Mart employees do. Crap wages exist when the employee cannot even afford the company insurance plan and has to use Medicaid. Many Wal-Mart employees do. Most tellingly, crap wages exist when Wal-Mart instructs it's own employees on their access to Welfare, Food Stamps, and Medicaid and suggests they use those resources to supplement their incomes.

    Quote Originally Posted by Conservative View Post
    Wow, I only hope that someday I am as smart as you think you are. Your opinions are just that opinions and you have no idea the financial condition of MOST people. Does personal responsibility exist in your world. People who buy a home with an Adjustable rate mortgage should know what they are buying and what the costs. A balloon payment at the end is spelled out at closing and if they cannot make that payment they bought a home they couldn't afford or does that even exist in your world?
    As of 01/13 only 29% of American homeowners were free and clear of mortgage debt. Most of them live in areas of the country with low value housing. That meant having a smaller mortgage paid off sooner. Guess how many people own their home free and clear | Retiring to Arizona Blog

    Millions of people have lost their homes and it is projected another 3 million will lose them in the next few years. How Many People Have Lost Their Homes? US Home Foreclosures are Comparable to the Great Depression | Global Research

    Quote Originally Posted by Conservative View Post
    Who forces you to buy from companies that make those so called "rapacious business" profits? If you don't have a job in this market whose fault is that? There are jobs to be had maybe not THE job but you gain experience with each job.
    Well, when you live in those small towns like the movie showed you, then circumstances force you to shop at Wal-Mart, once they put every competitor out of business.

    As for job options, what EFFIN market are YOU looking at? Using BLS "statistics," there are currently 3.9 million jobs available in the entire USA. There are still officially 11.5 million Americans seeking jobs (not counting 2.4 million marginally attached unemployed). That means even if every effin job in the USA was filled TODAY, there would still be 7.6 million unemployed.


    Quote Originally Posted by Conservative View Post
    You really don't understand the make up of the American economy and what percentage those evil corporations are of that economy. Stop buying what you read and get the facts. It is the small businesses that are the backbone of the U.S. economy and this Administration nor you seem to understand that.
    I agree that small businesses are the backbone of this nation. What I see is Wal-Mart slowly eating away at that backbone. Sounds like you didn't even look at the film I provided did you? Or if so, you just cut off when you got bored seeing something that disagrees with your personal viewpoint.

    If you had you would see facts and figures, not just violins and tears, and you’d realize you were talking out of your rectal orifice. Seems to me the one who doesn’t understand what is happening to that backbone is you.
    Last edited by Captain Adverse; 08-08-13 at 12:23 AM.
    If I stop responding it doesn't mean I've conceded the point or agree with you. It only means I've made my point and I don't mind you having the last word. Please wait a few minutes before "quoting" me. I often correct errors for a minute or two after I post before the final product is ready.

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