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Thread: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    In what way does this existing infrastructure apply to your vague idea, and how do you expect it will need to be changed if your idea is implemented. Is it your idea?
    It has to do with the concept of employment at will and unemployment compensation that could clear our poverty guidelines. Why do you believe a federal doctrine and State laws regarding employment at will are "vague"?

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by imagep View Post
    I appreciate that you are beginning to get just a little more descriptive, but I still wish that you would explain just a little more details. Which laws are we not executing? Are there some laws involving unemployment benefits that are not being properly distributed? Just go ahead and blurt it out.
    I thought it was self-evident that I have been referring to a federal doctrine and State laws regarding employment at will. It has to do with the concept of equality, perhaps you may have heard of it as well. That doctrine and those laws apply to labor as well as employers. There is no legal reason to deny or disparage labor (or the least wealthy) from their enumerated rights without Due Process.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by pinqy View Post
    Maybe I've deciphered this. It appears that you're saying that anyone who chooses not to work (at-will basis) should receive unemployment compensation that matches the poverty threshold. Which raises the question of how that could be paid for especially as fewer people would work as there would be no incentive for those earning near the poverty line to keep working: they'd be better off quitting and collecting unemployment.
    You make it seem like the laws of demand and supply are really just suggestions. UI could be funded through general taxes instead of our current regime; unemployment compensation can also be considered an investment in the general welfare due to a positive multiplier effect on our economy. Compare and contrast that with our exorbitantly expensive, War on Poverty.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by j-mac View Post
    Daniel, I asked you a direct question earlier in the thread that you still have not addressed....did you miss it? or just ignoring it because you can't answer it?
    Wow. The War and Peace of discussions about unemployment.

    I jumped in right around here. Can ya let me know what this question is?

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by j-mac View Post
    when drawn out in the slightest we learn just how silly your ideas are. From flooding the monetary supply without the slightest thought to what that actually does to inflation, to some convoluted idea that increasing government programs like unemployment insurance/compliance, and welfare programs will somehow decrease the size and scope of government
    Does "flooding the monetary supply" refer to quantitative easing?

    Do you think raising the minimum wage could decrease the size of government?

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by mmi View Post
    Wow. The War and Peace of discussions about unemployment.

    I jumped in right around here. Can ya let me know what this question is?
    Sure the unanswered question was in reference to our founders, and what they meant when they spoke of "General Welfare" Here it is:

    "Now, explain to me exactly what you think the founders in the late 1700s understood "general welfare" to mean?"

    http://www.debatepolitics.com/breaki...post1063236538

    Which BTW, daniel still refused to address at all...Would you care to take a crack at it?

    Does "flooding the monetary supply" refer to quantitative easing?
    I think that is what is being done with that today, but my reference was in what daniel is preaching when he says....

    "Increasing the circulation of money is our Institution of money based markets has already been proved to have a positive multiplier effect on our economy."

    or this

    "full employment of resources"

    or this

    "with an official Mint at their disposal."

    Among other things lead me to believe that daniel simply wants to have the government fire up the mint, and create money to distribute, in the hopes that will spur the economy, when in reality it decreases the dollar's value, and makes prices rise.

    Do you think raising the minimum wage could decrease the size of government?
    No...While I think that wages have been stagnant for some time now (I personally haven't seen a raise in over 5 years) I think that wages would go up if the certainty of policy involved in attacking business were removed.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Slyfox696 View Post
    Because people are more concerned about politics than people working.
    A good example of that is the passage of Obamacare. The part-time job industry must be booming now.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by American View Post
    A good example of that is the passage of Obamacare. The part-time job industry must be booming now.
    You quoted a post of mine from over a month ago just to say that?

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by j-mac View Post
    "Now, explain to me exactly what you think the founders in the late 1700s understood "general welfare" to mean?" Would you care to take a crack at it?
    My first thought is that we would need to look at what they thought, but also at how the People's view of that may have changed over the centuries. I can't think of anything specifically about" general welfare" in an amendment, but there may be some Supreme Court decisions.

    I think that ["flooding the monetary supply"] is what is being done with that today, but my reference was in what daniel is preaching when he says
    I feel I'd wanna have Daniel speak for halftime.

    fire up the mint, and create money to distribute, in the hopes that will spur the economy, when in reality it decreases the dollar's value, and makes prices rise.
    I'm working on coming up with something to say about this. In the meantime , let me ask what you think of these excerpts:

    "The Fed will eventually sell those bonds and securities and destroy the proceeds, reducing the money supply. All that money is just sitting around in banks. It hasn't been spent." Flooded with Fed money, but no inflation in sight," Marketplace.org, Sept 18, 2103

    "Total reserves presently account for about 63% of the Fed's balance sheet liabilities, as of Jan 8 - $2.49 trillion of reserves on a balance sheet of $3.98 trillion. Of that reserve total, $2.41 trillion is classified as 'excess' over what is required by law, as of Dec 31. This would suggest that substantially none of the funds introduced via QE have been deployed for lending or other like purposes, as they shouldn't be classified as 'excess' if they had been." a comment on "What is quantitative easing?," The Economist, Jan 14, 2014

    I've been commenting on the proposal to raise the minimum wage in another thread: http://www.debatepolitics.com/genera...post1063262299

    I think I began expounding at the top of page 17. You might enjoy my little story in post #200; no one else seemed to.

    Sorry to be asking you to read stuff I've put up before. I hope you won't think I'm a communist. They kicked me out and now I don't have an ideological home.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by mmi View Post
    My first thought is that we would need to look at what they thought, but also at how the People's view of that may have changed over the centuries. I can't think of anything specifically about" general welfare" in an amendment, but there may be some Supreme Court decisions.



    I feel I'd wanna have Daniel speak for halftime.



    I'm working on coming up with something to say about this. In the meantime , let me ask what you think of these excerpts:

    "The Fed will eventually sell those bonds and securities and destroy the proceeds, reducing the money supply. All that money is just sitting around in banks. It hasn't been spent." — Flooded with Fed money, but no inflation in sight," Marketplace.org, Sept 18, 2103

    "Total reserves presently account for about 63% of the Fed's balance sheet liabilities, as of Jan 8 - $2.49 trillion of reserves on a balance sheet of $3.98 trillion. Of that reserve total, $2.41 trillion is classified as 'excess' over what is required by law, as of Dec 31. This would suggest that substantially none of the funds introduced via QE have been deployed for lending or other like purposes, as they shouldn't be classified as 'excess' if they had been." — a comment on "What is quantitative easing?," The Economist, Jan 14, 2014

    I've been commenting on the proposal to raise the minimum wage in another thread: http://www.debatepolitics.com/genera...post1063262299

    I think I began expounding at the top of page 17. You might enjoy my little story in post #200; no one else seemed to.

    Sorry to be asking you to read stuff I've put up before. I hope you won't think I'm a communist. They kicked me out and now I don't have an ideological home.
    All I can say as a lay person concerning economics mmi, is that if they have "flooded the banks" and they sat on the money, good for them! Because I remember learning early on in life, that if money is flooded into the economy and inflation inevitably occurs, that money has to be clawed back in....This way they should be able to remove the excess relatively easy, IF what is being reported is the truth...I am really not qualified to speak to in depth analysis though.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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