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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
    a lack of income under our form of capitalism.
    So then what is it about our form of capitalism that stops people from fully employing their resources to produce something that's in demand and will provide income? Surely we can't blame capitalism if someone decides to spend their life doing something of little or no value to others?

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

    Quote Originally Posted by Taylor View Post
    So then what is it about our form of capitalism that stops people from fully employing their resources to produce something that's in demand and will provide income? Surely we can't blame capitalism if someone decides to spend their life doing something of little or no value to others?
    It is about full employment of resources under our form of capitalism where it only takes money to make more money.

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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 is about full employment of resources under our form of capitalism where it only takes money to make more money.
    What exactly is full employment in your world and where does individual responsibility exist in your world? Capitalism gives everyone an opportunity to be the best you are capable of being and that seems to bother you, why?

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

    Full employment could be anything less that one percent unemployment under our current metrics. Individual Liberty should encourage individual responsibility through market based metrics from a form of minimum wage that could clear our poverty guidelines as unemployment compensation; thus, anyone not wanting to stay poor on an at-will basis could become more marketable and compete for a potential, efficiency wage in the market for labor.

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

    Quote Originally Posted by Conservative View Post
    I know you told me to have a good evening and don't want to continue this discussion but your comments show someone who really has no business experience at all and never actually hired anyone. Do you have any idea what it costs to hire an employee, to train an employee, and to actually employ the employee or the regulations required for that employee? Business owners cannot print cash and have their own money invested in their business thus aren't going to hire anyone until they know the costs associated with ACA and other govt. regulations including the potential for higher income taxes due to Obama's wealth redistribution program.

    How about it, why would anyone hire under this uncertainty and these economic conditions?
    This is the part neither the MSM nor most on the left side of the aisle or our leftist friends here at DP are willing to admit, discuss, or even look at. The fact that maybe the highest percentage of Americans ever are out of the work force now, that has been the case for months, and that percentage has been steadily increasing under Obama's economic policies. That makes the recent good new jobs report look less positive as do the 388,000 new unemployment claims this week. The real unemployment rate--not the officially published public one--is something between 12 and 15 percent.

    And why isn't it getting better? For exactly the reasons you listed. Business owners are simply not willing to risk their finite investment capital when they don't KNOW what their liabilities are going to be and don't have a reasonable expectation for a reasonable return on their investment.
    "I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it." --Benjamin Franklin 1776

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

    Quote Originally Posted by danielpalos View Post
    Full employment could be anything less that one percent unemployment under our current metrics. Individual Liberty should encourage individual responsibility through market based metrics from a form of minimum wage that could clear our poverty guidelines as unemployment compensation; thus, anyone not wanting to stay poor on an at-will basis could become more marketable and compete for a potential, efficiency wage in the market for labor.
    Woah! What gives you or anyone else the right to tell a private business what they should pay their employees and where did you ever come up with 99% being full employment? You talk about individual liberty but then want the govt. to provide wages out of someone else's pocket to fund that individual liberty. Your consistency is quite staggering.

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

    Quote Originally Posted by AlbqOwl View Post
    This is the part neither the MSM nor most on the left side of the aisle or our leftist friends here at DP are willing to admit, discuss, or even look at. The fact that maybe the highest percentage of Americans ever are out of the work force now, that has been the case for months, and that percentage has been steadily increasing under Obama's economic policies. That makes the recent good new jobs report look less positive as do the 388,000 new unemployment claims this week. The real unemployment rate--not the officially published public one--is something between 12 and 15 percent.

    And why isn't it getting better? For exactly the reasons you listed. Business owners are simply not willing to risk their finite investment capital when they don't KNOW what their liabilities are going to be and don't have a reasonable expectation for a reasonable return on their investment.
    What people are going to buy, the uneducated ones, the low information voters, is the 6.3% unemployment rate not the fact that approximately 800,000 dropped out of the labor force last month. You are right on with regards to the real unemployment rate and what people should be looking at is the historically low labor participation rate but you aren't going to get Obamabots to do 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
    So then, at the lower income strata, who would work?
    anyone who doesn't want to stay poor on an at-will basis.

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

    Quote Originally Posted by The Mark View Post
    At first glance your statement makes no sense.

    If I'm translating correctly, however, I suspect you're confirming my statement as an accurate summation of your position.

    Am I correct?
    Yes, a form of minimum wage is a market based metric under any form of Capitalism.

    you are welcome to re-state your position.

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

    Quote Originally Posted by Conservative View Post
    Woah! What gives you or anyone else the right to tell a private business what they should pay their employees and where did you ever come up with 99% being full employment? You talk about individual liberty but then want the govt. to provide wages out of someone else's pocket to fund that individual liberty. Your consistency is quite staggering.
    I am not sure what you mean; we would no longer need statutory minimum wage laws that tell employers how much the have to a minimum.

    anything less than one percent could be considered a form of full employment through our form of statism; but, it would be much more accurate.

    0.0 to 0.99 could still be classed as less than one percent or zero point something percent. it should be that simple.

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