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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%

    Quote Originally Posted by danielpalos View Post
    It helps if you understand the concepts.
    See, here's the thing...we can't understand the concepts if you don't state SPECIFICALLY which concepts you're using, especially since you're using non-standard ideas such as "simple poverty" which is not a concept in any of my econ classes or professional work including poverty statistics. I can't find anyone anywhere using the term "simple poverty" as a concept besides you. The 3 basic concepts of poverty are
    1. Absolute: a defined level below which basic needs cannot be met.
    2. Relative: a level of poverty compared to the rest of the society....usually seen as a percent of the median income.
    3. Subjective: how the individual considers him/herself in terms of poverty.

    So how does "simple poverty" fit in? Give a definition. How can you have a concept you're unable to define, especially since you're the one who made it up.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by pinqy View Post
    See, here's the thing...we can't understand the concepts if you don't state SPECIFICALLY which concepts you're using, especially since you're using non-standard ideas such as "simple poverty" which is not a concept in any of my econ classes or professional work including poverty statistics. I can't find anyone anywhere using the term "simple poverty" as a concept besides you. The 3 basic concepts of poverty are
    1. Absolute: a defined level below which basic needs cannot be met.
    2. Relative: a level of poverty compared to the rest of the society....usually seen as a percent of the median income.
    3. Subjective: how the individual considers him/herself in terms of poverty.

    So how does "simple poverty" fit in? Give a definition. How can you have a concept you're unable to define, especially since you're the one who made it up.
    It helps if you understand the concepts. You may want to start with the concept and legal doctrine of employment at will

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

    Quote Originally Posted by danielpalos View Post
    It helps if you understand the concepts. You may want to start with the concept and legal doctrine of employment at will
    I am well familiar with the concept and doctrine. "Simple poverty" is nowhere to be found. Now define "simple poverty." Why is it so hard for you do do so?
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by danielpalos View Post
    It helps if you understand the concepts. You may want to start with the concept and legal doctrine of employment at will
    I suspect that you, danielpalos, do not understand the concepts.

    Your actions appear to support this theory.
    Education.

    Sometimes I think we're alone. Sometimes I think we're not. In either case, the thought is staggering. ~ R. Buckminster Fuller

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

    Quote Originally Posted by pinqy View Post
    I am well familiar with the concept and doctrine. "Simple poverty" is nowhere to be found. Now define "simple poverty." Why is it so hard for you do do so?
    It has to do with unemployment compensation that clears our poverty guidelines under our form of Socialism which is used to bailout Capitalism on a regular basis, by utilizing the concept and legal doctrine of employment at will.

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

    Quote Originally Posted by danielpalos View Post
    It has to do with unemployment compensation that clears our poverty guidelines under our form of Socialism which is used to bailout Capitalism on a regular basis, by utilizing the concept and legal doctrine of employment at will.
    Quit evading. No "it has to do with..." give an actual definition.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Do you mind if I make one up for the purposes of our argument?

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

    Quote Originally Posted by danielpalos View Post
    Do you mind if I make one up for the purposes of our argument?
    Why would you have to make one up now? How could you have been using a term you didn't have a definition for?
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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

    Quote Originally Posted by pinqy View Post
    Why would you have to make one up now? How could you have been using a term you didn't have a definition for?
    Simply because you want to quibble. Otherwise, most posters who are actually interested in discovering sublime Truth (value) through argumentation, would have actually understood the concepts involved, so they could see for themselves, how simple it really is.

    In any case, it is about full employment of resources in the market for labor. Solving simple poverty, can be correcting for Capitalism's laziness regarding better ensuring full employment of resources in the market for labor.

    The legal and physical infrastructure already exists in our republic via a federal doctrine regarding employment at will, and State at-will employment laws.

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

    Quote Originally Posted by danielpalos View Post
    Simply because you want to quibble.
    It's not quibbling to ask someone what they mean by a non-standard term not used by anyone else.

    [quteo]Otherwise, most posters who are actually interested in discovering sublime Truth (value) through argumentation, would have actually understood the concepts involved, so they could see for themselves, how simple it really is.[/quote]Nobody else knows what you mean by the term either.

    In any case, it is about full employment of resources in the market for labor.
    That's not a definition. And then you have to define what YOU mean by "full emplloyment" (which is a standard term, but I suspect you're not using the standard definition) and specifically which resources you mean.

    Solving simple poverty, can be correcting for Capitalism's laziness regarding better ensuring full employment of resources in the market for labor.
    Well, depending on what exactly you mean and what specific remedy you're proposing, how would you account for the ineffeficient use of resources and decrease in productivity?
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

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