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Thread: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

  1. #131
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    Re: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Nice how you forgot the EBT section 8 free phone scum.

    Quote Originally Posted by upsideguy View Post
    Follow-up to previous post.... almost 90 million of "persons not in the workforce" can be explained as follows (not references, should you want to verify)

    Attachment 67172487


    The US is an aging population, with 10,000 per day (or 300,000 per month) turning 65. While the act of turning 65 does not mean you retire and leave the workforce, it is a leading indicator and support for why the "not in workforce" number will continue to climb. Its not a bad thing.

    Baby Boomers Retire | Pew Research Center

    Another significant item that helps facilitate people out of the workforce is the Affordable Care Act. People in the 55-65 age bracket had often stayed in their jobs or took on a job just to get health insurance. That is no longer necessary with the ACA.

    And, again, entrepreneurs and many of the self employed are also off the employment grid. They are creating tomorrows jobs, which should also be considered a good thing.

    So, don't fear the number.

  2. #132
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    Re: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Quote Originally Posted by American View Post
    An administration that declares a 6.1% unemployment rate in this economy is either ignorant or disingenuous. Which is it?
    The administration doesn't declare anything. How can you spend this much time discussing politics and be this malinformed?

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    Re: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Personally I think the main problem (and perhaps the same problem we've had for decades now) is that our regulatory process is a mass of ridiculously confusing bull****.

    But the fix for that is not "less regulation".

    It's "proper regulation".

    Some regulations are necessary to prevent and provide incentives to avoid certain activities (such as dumping toxic chemicals into a water table, for example?)

    Yet some regulations are either pointless wastes of time, or in the worst cases, cause harm without preventing that which they were intended to prevent.


    So in short, some regulations need to go, and some things need to be regulated more/differently.

    SENSIBLE regulations are good, but nonsensical regulations are worse than doing nothing.
    Education.

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

  4. #134
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    Re: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Quote Originally Posted by a351 View Post
    The administration doesn't declare anything. How can you spend this much time discussing politics and be this malinformed?
    Apparently that's not so hard. Almost all extremest are able to spend hours and hours discussing things that they are either not informed about or are malinformed about. Heck, you've been on this forum a while, you're just now noticing that?
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  5. #135
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    Re: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Quote Originally Posted by The Mark View Post
    Personally I think the main problem (and perhaps the same problem we've had for decades now) is that our regulatory process is a mass of ridiculously confusing bull****.

    But the fix for that is not "less regulation".

    It's "proper regulation".

    Some regulations are necessary to prevent and provide incentives to avoid certain activities (such as dumping toxic chemicals into a water table, for example?)

    Yet some regulations are either pointless wastes of time, or in the worst cases, cause harm without preventing that which they were intended to prevent.


    So in short, some regulations need to go, and some things need to be regulated more/differently.

    SENSIBLE regulations are good, but nonsensical regulations are worse than doing nothing.
    For the most part, the regulations which are pointlessly harmful are those at the state and local levels. I watch the Stossel show quite frequently on Fox News, and he loves to point out how regulations are often unneeded and harmful. Yet when he uses examples, they are almost always regulations at the state and local levels.

    The federal government could care less if I hang a banner on my building advertising "$99 paint jobs", but the city I live in prohibits me from doing so.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Quote Originally Posted by imagep View Post
    For the most part, the regulations which are pointlessly harmful are those at the state and local levels. I watch the Stossel show quite frequently on Fox News, and he loves to point out how regulations are often unneeded and harmful. Yet when he uses examples, they are almost always regulations at the state and local levels.

    The federal government could care less if I hang a banner on my building advertising "$99 paint jobs", but the city I live in prohibits me from doing so.
    I suspect that's for "appearance" purposes - they don't want you trashing up the place with your garish banner involving black words on a white background (assumption for the sake of argument).

    That or they want to charge you for a permit.
    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: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Quote Originally Posted by The Mark View Post
    I suspect that's for "appearance" purposes - they don't want you trashing up the place with your garish banner involving black words on a white background (assumption for the sake of argument).

    That or they want to charge you for a permit.
    Exactly.

    But if it's my property, shouldn't trashing it up be my right? If someone else doesn't want to look at it, then they don't have to, they can just look away. I figure if someone else doesn't want me to put up a banner on my building, then maybe they should purchase my building so that they can do as they wish with it. Maybe I don't want to look at the BMW plant up the street, so should we outlaw BMW plants?

    A few years ago my county outlawed the use of yard signs, except for political candidates and churches. Imagine that. I've never figured out why the yard signs of political candidates and churches are so much more attractive than ones for the local little league baseball organization, but apparently they are.

    the prohibition against lightweight signage directly harms our economy. It hinders companies from advertising their goods and services, and it harms my profits as I am in the business of producing such signs.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  8. #138
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    Re: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Quote Originally Posted by Fenton View Post
    Yea sure, because its impossible to research Subprime and easy credit bubbles on a National scale...

    No, they must have all been interlinked....so NOT the Democrats fault.....yea right.

    Nations like Spain, Italy and Ireland actually participated in their own isolated credit bubbles, beleive it or not.

    All you have to do is READ about it. For example, Spain's Banks borrowed bueacuop dollars and then made tons of loans to Spanish developers.

    Those developers went and built literal ghost towns.

    One has a a international sized airport and everything. ....its brand new and it sits EMPTY right now.

    Those entire ghost towns sit empty filled with brand new infrastructure, homes, apartments and of course empty airports.

    Spanish Politicians actually were prosecuted for it. Go read about it, nothing is stopping you but your loyalty to a false narrative.

    With respect to Americas Subprime Fiasco, ALLOT of our poison DID make it out into the International Capital Market's

    In the form of bundles and bundles of securities backed by Subprime loans tucked away in CDO tranches like little time bombs waiting to go off.

    When they DID go off they corrupted the entire CDO portfolio and nearly Collapsed Capital markets all over the world.

    I actually HAVE read books on this subject, and HAVE researched it thoroughly and literally none of it is good news for the Democrats.
    You're missing the point. The bubble wasn't caused by Janet Reno or Bill Clinton but by a worldwide debt bubble. All you've done is pick a country - Spain - and described a debt bubble in action that just happened to coincide with the same debt bubble in Belgium, Ireland, U.S. etc....... If you're reading books on the crisis and they haven't explained why that is NOT a coincidence, then you should question the thoroughness of their analysis.

    And like I said, any analysis that ends the day Clinton left office is just obvious right wing propaganda. If you want to be taken seriously on this, you should at least attempt to address what happened in the U.S. as the bubble was forming and reaching blowout levels, which was in the 2000s under Bush and Bush regulators. I'll gladly concede Clinton played a big role by his end of term signing of the repeal of Glass Steagall and rules that PROHIBITED the regulation of derivatives, and both of those were FAR bigger factors than CRA bullcrap.

    Besides, I find it laughable that the subprime lenders, the big banks, and everyone involved in making loans from the underwriter to the CEOs making 8 or 9 figures were "forced" to do anything. It's just not credible. Profits, stock prices, bonuses were all ticking off records. And that was widespread across anyone involved in the process of being "forced" to make crap loan to deadbeats. When that's happening - people are getting fabulously wealthy doing something - it's because they want to do it. Why would anyone need CRA or anything else to "force" them to shovel money into the till by the tanker truck load full?
    Last edited by JasperL; 09-08-14 at 09:49 PM.

  9. #139
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    Re: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Quote Originally Posted by imagep View Post
    Exactly.

    But if it's my property, shouldn't trashing it up be my right? If someone else doesn't want to look at it, then they don't have to, they can just look away. I figure if someone else doesn't want me to put up a banner on my building, then maybe they should purchase my building so that they can do as they wish with it. Maybe I don't want to look at the BMW plant up the street, so should we outlaw BMW plants?

    A few years ago my county outlawed the use of yard signs, except for political candidates and churches. Imagine that. I've never figured out why the yard signs of political candidates and churches are so much more attractive than ones for the local little league baseball organization, but apparently they are.

    the prohibition against lightweight signage directly harms our economy. It hinders companies from advertising their goods and services, and it harms my profits as I am in the business of producing such signs.
    The argument would probably be that you were lowering the property value of those around you, or something.
    Education.

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

  10. #140
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    Re: Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

    Quote Originally Posted by JasperL View Post
    ...When that's happening - people are getting fabulously wealthy doing something - it's because they want to do it. Why would anyone need CRA or anything else to "force" them to shovel money into the till by the tanker truck load full?
    Geesh, that part right there should make it obvious to anyone. That's all that you need to explain to anyone, and they should understand, unless of course they are just looking to scapegoat regulations (as opposed to the lack of proper regulations).
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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