Good news!

[DaLincolnJones]

The news has just been released! The economy is fine!

McDonald's just reported that they have hired 62000 people last month, more than twice than they had projected.

Obummer has released his birth certificate, so, it must be ligit..

Oh, and the sky is pink!

I never thought that I would see a day when minimum wage, sub 40 hour jobs that still allowed one to collect food stamps, would be the standard to measure an economic boost.

 

[PapaG]

McJobs were a joke and an embarrassment when the UE rate was 5% under Bush, but at near 9% under a Dem administration, a McJob is a career!

 

[EL PRESIDENTE]

stimulate the economy. BUY SOME FUCKING CHICKEN NUGGETS! UNNNGHHHHHH!

 

[BLAZER PROPHET]

stimulate the economy. BUY SOME FUCKING CHICKEN NUGGETS! UNNNGHHHHHH!

Hey, it's $4.99 for 20. That's a darn good deal.

 

[mook]

Internet law: Subject heading must be accompanied by this graphic:

 

[EL PRESIDENTE]

Hey, it's $4.99 for 20. That's a darn good deal.

its a loss leader. they make the money on the HFCS laden soda. :MARIS61:

 

[mook]

Hey, it's $4.99 for 20. That's a darn good deal.

It's surprising how reasonably priced sawdust and ground chicken beaks can be when you pre-fry them in rat lard.

 

[BLAZER PROPHET]

It's surprising how reasonably priced sawdust and ground chicken beaks can be when you pre-fry them in rat lard.

And your point is?

 

[RR7]

So is added jobs a bad thing, then, even if they're not high quality?

 

[barfo]

And your point is?

The point is, rat lard futures are going up, up, up! Opportunity is knocking!

barfo

 

[julius]

I'm now hungry.

 

[EL PRESIDENTE]

i am too. i want chicken nuggets.

 

[Minstrel]

i am too. i want chicken nuggets.

mcdonalds is terrible..low quality ingredients and plebians dirtying it up with their hands. but were all going to be eating there when the government takes it over as part of the road to serfdom :MARIS61:

 

[MickZagger]

They should just call the McNuggets. I'm not certain they're is any chicken involved.

 

[Natebishop3]

[video=youtube;T67DvoH2H3E]

 

[EL PRESIDENTE]

and the people who pick your spinach wipe their asses with the leaves when they're out in the field.

 

[MickZagger]

and the people who pick your spinach wipe their asses with the leaves when they're out in the field.

I don't know about you, but I always wash my spinach.

 

[PapaG]

So is added jobs a bad thing, then, even if they're not high quality?

Only when Bush was President.

Now, we celebrate McJobs!

 

[RR7]

Apparently, we do not.

Stupid companies hiring workers.

 

[PapaG]

Apparently, we do not.

Stupid companies hiring workers.

I think it's great. The less people on UE/welfare, the better for the USA, regardless of the prestige of the job. Plus, McDonald's offers full benefits, which is another big plus.

I was only pointing out the hypocrisy of how McJobs are viewed through a political prism. I'm not sure how the First Lady feels about growth in the fast-food industry, but for me, a job is a job, and the more people working, the better for all of us.

 

[RR7]

The hypocrisy pointed out though, is one random person in an online forum making a comment, and then we see a similar thing here. So wouldn't the hypocrisy be existent on both sides? That the right wouldn't have mocked it then, but does now, whereas the left mocked it then, but doesn't now? It's not just hypocritical from the left. Both sides suck. It happens in political conversations ALL THE TIME. Each side thinks whatever is happening, it's the first time it has ever happened to anyone.

 

[PapaG]

The hypocrisy pointed out though, is one random person in an online forum making a comment, and then we see a similar thing here. So wouldn't the hypocrisy be existent on both sides? That the right wouldn't have mocked it then, but does now, whereas the left mocked it then, but doesn't now? It's not just hypocritical from the left. Both sides suck. It happens in political conversations ALL THE TIME. Each side thinks whatever is happening, it's the first time it has ever happened to anyone.

There are plenty of examples of McJobs being mocked when Bush was President. It wasn't just one post on an internet forum.

 

[RR7]

Fine. Both sides are still hypocritical, though.

 

[Denny Crane]

Wouldn't it be a better economy if the faster growing sectors weren't food service and census workers?

 

[RR7]

yes it would.

It'd also be an awesome economy if there was no unemployment at all. Should McDonalds wait to hire, until others have hired first?

 

[maxiep]

Remember when the smarmy answer to low paying jobs was "Yeah, I'm working three of them."?

Now just one low paying job seems like manna from Heaven. Times have changed.

 

[BrianFromWA]

to paraphrase something Denny said a while ago:

if you'd have taken 1/10th the stimulus ($80B) and put it into full-ride scholarships to get M.S. Eng. degrees (assuming $160-200k for 7 years of really good private school), you might be able to have 4-500,000 new engineers/researchers. If you get tuition at public-school rates then you can get around a million. Think of the civil engineering, energy research, materials technology research, etc. that you could be coming up with with a million trained brains working the problems.

And I'm not an economist, but it seems like for each one of those people getting a job there's some multiple of job growth at all levels, from McD's to car salesmen to teachers to doctors.

 

[barfo]

to paraphrase something Denny said a while ago:

if you'd have taken 1/10th the stimulus ($80B) and put it into full-ride scholarships to get M.S. Eng. degrees (assuming $160-200k for 7 years of really good private school), you might be able to have 4-500,000 new engineers/researchers. If you get tuition at public-school rates then you can get around a million. Think of the civil engineering, energy research, materials technology research, etc. that you could be coming up with with a million trained brains working the problems.

And I'm not an economist, but it seems like for each one of those people getting a job there's some multiple of job growth at all levels, from McD's to car salesmen to teachers to doctors.

Are there engineering jobs that can't be filled due to lack of labor supply? If not, I don't see how this helps.
As many recent graduates will testify, having an education doesn't necessarily mean having a job.

barfo

 

[Denny Crane]

yes it would.

It'd also be an awesome economy if there was no unemployment at all. Should McDonalds wait to hire, until others have hired first?

A few points.

Unemployment can never be zero. There is always going to be maybe 3% or 4% of the 120M workforce that is between jobs.

When we had ~4% unemployment, places like Burger King had to pay quite a bit higher than minimum wage because of supply/demand (supply being few available workers, demand being lots of people able to afford burgers).

When employment is near full, bigger govt. means govt. is starving the private sector for employees.

So yeah, it would be a great thing if McDonalds was hiring after others hired first.

It would also be a great indicator for the economy if the fastest growing sectors were high paying jobs.

 

[BrianFromWA]

Are there engineering jobs that can't be filled due to lack of labor supply? If not, I don't see how this helps.
As many recent graduates will testify, having an education doesn't necessarily mean having a job.

barfo

There are many engineering jobs that aren't filled right now due to lack of labor supply. I'd submit that there aren't many engineering graduates who can't find a job, and fewer still with a Master's in a field and/or some research experience. English majors, sure. PoliSci? You bet. Metallurigical engineers? Materials designers? Nuclear physicists? All hiring right now.