MarAzul
LongShip
- Joined
- Sep 28, 2008
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I am not so sure it is even possible until the American people demand help from there representatives.
While the unemployment rate is inching toward the all time low for the past 50 years, according to the stats as kept. But the true meaning of this stat is overwhelmed by the current labor participation rate. This is at the all time low and holding since it reached the low under Obama. Trump has not been able to move this rate by creating or saving jobs.
When you look at the percentage of the population that is retired, many lament the rapid increase in this segment of the population, rising 4% between 2000 and 2017. But this is not as nearly so high when compared with the overall population of the Nation. When viewed from this angle, the retired population has only increased 1% relative to the overall population. So the Labor Participation rate, at an all time high makes the unemployment rate rather meaningless.
The current 63% in Labor Participation rate leaves 37% unemployed! Subtract the 13% retired and half the 19% disabled (some can work), we have unemployment of about 15% of the overall population. The current stat of 7.4% unemployed suggest taking half of the disabled out is too many, so perhaps the real number is 17 or 18%.
https://data.bls.gov/timeseries/LNS11300000
Why?
Carrier is a prime example of what is happening to jobs. After the big deal of Trump Saving those jobs, the company backed out after the spotlight was turned off.
http://reason.com/blog/2017/01/04/trump-regulations-carrier-deal
Why?
US regulation adds cost. Minimum wage in the US is way higher and rising. Carrier will need to meet the $3.60/hr rate in Mexico.
This is a good article to show the current arguments in favor of the minimum wage.
http://econofact.org/do-minimum-wages-really-kill-jobs
"This evidence suggests that current debates should pay more attention to the positive effects of an increase in the minimum wage on living standards, on health and educational outcomes, on reducing inequality and on poverty reduction among low-wage households, rather than on employment effects."
Poverty Reduction! Reducing inequality! These are all feel good arguments. Not a damn thing about
about the harm done, the reasons why jobs are price out or forced to move.
Geez.!
When you compare the minimum wage as the Dems want at $15 bucks, and the Mexican $3.60
You ain't reducing inequality for anyone living in Indianapolis! That job is already gone! I have no doubt it will force some more to disappear. What happens to Poverty then? These negative effect land on the Black population first and most. You have to know those Carrier manufacturing jobs in Indianapolis are predominately black people being replace by Mexican labor. Reducing inequality? Well they do vote for the representatives that champion more of this mindless policy. 93% for Obama, 88% for Clinton, 95 or even 98% for the Dem in Alabama! Geez!
Trump can't change this, no one can until the American people realize what the hell is happening to them
when they vote for the liberal politician with a bag full of goodies he promises you to make you feel better.
These things are not about the humanity of the issues, it is about reality of the environment and whether you have job, not the morality of the guy that is going to make the vote.
The new Tax bill as written as of today will lower the Corporate Tax rate to 21% from our current 3rd highest in the world. This still leave the US in the middle ground, places like Ireland way less with 12.5% Will that be enough to help retain jobs in the US? Questionable in my view, when considering oppressive regulations like unreasonable efficiency standards, minimum wages that do not compare. Jobs will move to the competitive ground, unless you also prohibit them to leave. Not sure even a Democrat can figure out how to do that, but I am sure one will make the promise .
While the unemployment rate is inching toward the all time low for the past 50 years, according to the stats as kept. But the true meaning of this stat is overwhelmed by the current labor participation rate. This is at the all time low and holding since it reached the low under Obama. Trump has not been able to move this rate by creating or saving jobs.
When you look at the percentage of the population that is retired, many lament the rapid increase in this segment of the population, rising 4% between 2000 and 2017. But this is not as nearly so high when compared with the overall population of the Nation. When viewed from this angle, the retired population has only increased 1% relative to the overall population. So the Labor Participation rate, at an all time high makes the unemployment rate rather meaningless.
The current 63% in Labor Participation rate leaves 37% unemployed! Subtract the 13% retired and half the 19% disabled (some can work), we have unemployment of about 15% of the overall population. The current stat of 7.4% unemployed suggest taking half of the disabled out is too many, so perhaps the real number is 17 or 18%.
https://data.bls.gov/timeseries/LNS11300000
Why?
Carrier is a prime example of what is happening to jobs. After the big deal of Trump Saving those jobs, the company backed out after the spotlight was turned off.
http://reason.com/blog/2017/01/04/trump-regulations-carrier-deal
Why?
US regulation adds cost. Minimum wage in the US is way higher and rising. Carrier will need to meet the $3.60/hr rate in Mexico.
This is a good article to show the current arguments in favor of the minimum wage.
http://econofact.org/do-minimum-wages-really-kill-jobs
"This evidence suggests that current debates should pay more attention to the positive effects of an increase in the minimum wage on living standards, on health and educational outcomes, on reducing inequality and on poverty reduction among low-wage households, rather than on employment effects."
Poverty Reduction! Reducing inequality! These are all feel good arguments. Not a damn thing about
about the harm done, the reasons why jobs are price out or forced to move.
Geez.!
When you compare the minimum wage as the Dems want at $15 bucks, and the Mexican $3.60
You ain't reducing inequality for anyone living in Indianapolis! That job is already gone! I have no doubt it will force some more to disappear. What happens to Poverty then? These negative effect land on the Black population first and most. You have to know those Carrier manufacturing jobs in Indianapolis are predominately black people being replace by Mexican labor. Reducing inequality? Well they do vote for the representatives that champion more of this mindless policy. 93% for Obama, 88% for Clinton, 95 or even 98% for the Dem in Alabama! Geez!
Trump can't change this, no one can until the American people realize what the hell is happening to them
when they vote for the liberal politician with a bag full of goodies he promises you to make you feel better.
These things are not about the humanity of the issues, it is about reality of the environment and whether you have job, not the morality of the guy that is going to make the vote.
The new Tax bill as written as of today will lower the Corporate Tax rate to 21% from our current 3rd highest in the world. This still leave the US in the middle ground, places like Ireland way less with 12.5% Will that be enough to help retain jobs in the US? Questionable in my view, when considering oppressive regulations like unreasonable efficiency standards, minimum wages that do not compare. Jobs will move to the competitive ground, unless you also prohibit them to leave. Not sure even a Democrat can figure out how to do that, but I am sure one will make the promise .
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