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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 Anthony60 View Post
    Yeah, here's a question... So what?
    you don't really believe in Capitalism, do you.

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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 asked you a question and you ignored it, where does the money come from to pay unemployment benefits and what effect does that have on the economy?
    UI is mostly self-funding, with the public sector making up for any short-falls. I believe we could be simplifying that public policy by only resorting to general forms of taxation instead of our more complicated, current regime.

    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.

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

    Quote Originally Posted by Helix View Post
    monthly jobs report. rage or rejoice.
    neither, meaningless, so many just gave up looking, what kind of jobs, no subject is more easily convoluted by the skunks we call leaders than the jobs numbers.

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

    Quote Originally Posted by danielpalos View Post
    Let me help you out under our form of Capitalism; our federal Congress has recourse to an official Mint. Any questions?
    You haven't helped at all, since you are mistaken. You are confusing the government printing money with creating wealth. The government does not add to the economy, everything they do is a drain on the economy.
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    So GDP went to 0.1% and we created 100's of thousands of jobs. Can we expect a boom in the next few months?
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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

    Quote Originally Posted by Anthony60 View Post
    You haven't helped at all, since you are mistaken. You are confusing the government printing money with creating wealth. The government does not add to the economy, everything they do is a drain on the economy.
    You seem to be begging the question and that I accept what you say as true. It seems like only fallacy, to me. Our government creates wealth merely by existing. It should be a self-evident Truth.

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

    Quote Originally Posted by Anthony60 View Post
    You haven't helped at all, since you are mistaken. You are confusing the government printing money with creating wealth. The government does not add to the economy, everything they do is a drain on the economy.
    The interstate highway system or air traffic control is not a drain on the economy.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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

    Quote Originally Posted by danielpalos View Post
    UI is mostly self-funding, with the public sector making up for any short-falls. I believe we could be simplifying that public policy by only resorting to general forms of taxation instead of our more complicated, current regime.

    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.
    Self funding from the taxpayers if that is what you mean by self funding. It takes money from people to give to someone else who isn't working. You don't seem to understand that concept and how that affects the economy. Paychecks and business profits are less because of unemployment insurance.

    Increasing the circulation of money through capitalism benefits the economy, not creation of capital by the Fed printing money or giving money to people not to work isn't the foundation upon which this country was built.

    You really have no idea how our economy works, where the money comes from for these programs, and how increasing the amount of cash in the economy affects the value of the dollar that your parents have.

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

    Quote Originally Posted by Conservative View Post
    Self funding from the taxpayers if that is what you mean by self funding. It takes money from people to give to someone else who isn't working. You don't seem to understand that concept and how that affects the economy. Paychecks and business profits are less because of unemployment insurance.

    Increasing the circulation of money through capitalism benefits the economy, not creation of capital by the Fed printing money or giving money to people not to work isn't the foundation upon which this country was built.

    You really have no idea how our economy works, where the money comes from for these programs, and how increasing the amount of cash in the economy affects the value of the dollar that your parents have.
    I am not sure I understand your point of view under our form of Capitalism, where it only takes money to make more money. In any case, you are omitting any positive multiplier effect as a form of investment in the general welfare; or do you believe investing also takes money from some and results in lower profits.

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

    Quote Originally Posted by Conservative View Post
    We have had over 20 million Americans collecting unemployment many for two years and what has that done to productivity, the debt, the .economic growth? I hope I am around when you realize that you don't know nearly as much as you think you do. The best multiplier effect is putting those people back to work not paying them to be unemployed. You think unemployed people spend money on cars? You simply have no idea how our economic works.
    because we are not solving simple poverty with it and closing that "full employment of resources" gap in our economy.

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