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#26 2008-04-02 12:47 pm

resedit
Chicken Little
Royal Wombat
From: /dev/null
Registered: 1999-11-01
Posts: 50439
Website

Re: The US in a depression?

Duke Stratosphere wrote:

As far as people getting food stamps, I don't see where that has anything to do with recessions or depressions. It has more to do with employers who don't want to pay people any wage that's worth a smurf.

Maybe they can't and remain competitive.

We are in a global economy - it is cake to get goods from other countries. Countries where they have a much lower standard of living. Countries where they can pay their employees less than our employers pay just in OSHA insurance.

Maybe it's time we went to the FairTax.


In her right hand Jenny held the Bible of her mother
Jenny had a pistol in the other
-- Steve Taylor

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#27 2008-04-02 1:25 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: The US in a depression?

freecat wrote:

"Because it still meets the definition?"

But not in a meaningful way, certainly not in the conventional economic sense. To be unemployed you have to be part of the labor force. It's tough to argue that, in general, people who don't have jobs but also aren't looking are part of the labor force.

Well, there are differing opinions, aren't there? As was mentioned, the EU definition is broader.

I'd like to think that the narrower usage was based on rational economic theorizing, but more likely it's just politics (i.e. it's politically expedient to claim lower unemployment numbers).


Note: please delete this post.

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#28 2008-04-02 2:22 pm

JakeTheTall
Cargo Cultist
From: In Permanent Opposition
Registered: 2003-03-13
Posts: 9623

Re: The US in a depression?

freecat wrote:

JakeTheTall wrote:

I don't know about EU numbers, but some noticeable portion of Americans have moved from the "unemployed" to the "not actively looking for work" column, so they don't show up in those numbers, but that's a bad sign.

What's the argument for counting people who aren't "actively looking for work" as unemployed?

Er, I'm not saying to count them in the official unemployment numbers.  I'm saying its a sign of a souring economy to have these people dropping out of the "looking for work" group.


Jesus said to the servants, "Fill the jars with water"; so they filled them to the brim.  Then he told them, "Now draw some out and take it to the master of the banquet."  They did so, and the master of the banquet tasted the water that had been turned into wine. He did not realize where it had come from, though the servants who had drawn the water knew.

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#29 2008-04-02 2:33 pm

freecat
Not funny online
From: West of the East Coast
Registered: 1999-04-04
Posts: 5766
Website

Re: The US in a depression?

JakeTheTall wrote:

freecat wrote:

JakeTheTall wrote:

I don't know about EU numbers, but some noticeable portion of Americans have moved from the "unemployed" to the "not actively looking for work" column, so they don't show up in those numbers, but that's a bad sign.

What's the argument for counting people who aren't "actively looking for work" as unemployed?

Er, I'm not saying to count them in the official unemployment numbers.  I'm saying its a sign of a souring economy to have these people dropping out of the "looking for work" group.

Then I agree. Well, sort of. Relative to our current standard of living, it's a bad sign. It's amazing, though, that people can afford to be discouraged workers.

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#30 2008-04-02 3:01 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: The US in a depression?

freecat wrote:

JakeTheTall wrote:

freecat wrote:


What's the argument for counting people who aren't "actively looking for work" as unemployed?

Er, I'm not saying to count them in the official unemployment numbers.  I'm saying its a sign of a souring economy to have these people dropping out of the "looking for work" group.

Then I agree. Well, sort of. Relative to our current standard of living, it's a bad sign. It's amazing, though, that people can afford to be discouraged workers.

Actually I've always wondered what the deal is there. How do they live? Are they on welfare or something?


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#31 2008-04-02 3:04 pm

Ribtorus
Member
Registered: 2002-07-11
Posts: 13758

Re: The US in a depression?

ShnickyShnack wrote:

freecat wrote:

JakeTheTall wrote:


Er, I'm not saying to count them in the official unemployment numbers.  I'm saying its a sign of a souring economy to have these people dropping out of the "looking for work" group.

Then I agree. Well, sort of. Relative to our current standard of living, it's a bad sign. It's amazing, though, that people can afford to be discouraged workers.

Actually I've always wondered what the deal is there. How do they live? Are they on welfare or something?

I bet many live with family. And I bet many participate in various underground economies doing unreported work.


when surrounded and left on Afghanistan's plains,
and the women come out to cut up what remains,
just roll to your rifle and blow out your brains,
and go to your god like a soldier...

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#32 2008-04-02 3:06 pm

user
Your plastic pal who's fun to be with
From: I'm not getting you down, am I
Registered: 2001-10-15
Posts: 16035

Re: The US in a depression?

I think they may be the Queens that have been reported on.


Aw, he's no fun, he fell right over.

Unless you become as little children, there's no way you will believe this crap.

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#33 2008-04-02 4:58 pm

bedstuy
Archimandrite, Eastern Elite
From: King Cole Bar, St. Regis Hotel
Registered: 2003-09-20
Posts: 13629

Re: The US in a depression?

radarman wrote:

The sad part is that this is a British, not US, newspaper.

Yeah, kind of like this humdinger or an article

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#34 2008-04-02 5:16 pm

isaly
Member
From: well. . . I was there, now I'm
Registered: 2001-09-15
Posts: 5612
Website

Re: The US in a depression?

smile

Last edited by isaly (2008-04-02 5:18 pm)


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#35 2008-04-02 5:32 pm

Duke Stratosphere
Winter Rebel
From: Iowa
Registered: 2003-12-10
Posts: 3731
Website

Re: The US in a depression?

resedit wrote:

Duke Stratosphere wrote:

As far as people getting food stamps, I don't see where that has anything to do with recessions or depressions. It has more to do with employers who don't want to pay people any wage that's worth a smurf.

Maybe they can't and remain competitive.

bullsmurf.


"Make the most of the hemp seed.  Sow it everywhere."  --George Washington (No party)

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#36 2008-04-02 5:55 pm

JakeTheTall
Cargo Cultist
From: In Permanent Opposition
Registered: 2003-03-13
Posts: 9623

Re: The US in a depression?

Duke Stratosphere wrote:

resedit wrote:

Duke Stratosphere wrote:

As far as people getting food stamps, I don't see where that has anything to do with recessions or depressions. It has more to do with employers who don't want to pay people any wage that's worth a smurf.

Maybe they can't and remain competitive.

bullsmurf.

C'mon Duke, evil OSHA is destroying the American competitive edge !  You know this is true !


Jesus said to the servants, "Fill the jars with water"; so they filled them to the brim.  Then he told them, "Now draw some out and take it to the master of the banquet."  They did so, and the master of the banquet tasted the water that had been turned into wine. He did not realize where it had come from, though the servants who had drawn the water knew.

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#37 2008-04-02 6:24 pm

Daniel
[dp] design#
From: Melbourne, FL
Registered: 2000-11-21
Posts: 9708
Website

Re: The US in a depression?

ShnickyShnack wrote:

freecat wrote:

JakeTheTall wrote:

I don't know about EU numbers, but some noticeable portion of Americans have moved from the "unemployed" to the "not actively looking for work" column, so they don't show up in those numbers, but that's a bad sign.

What's the argument for counting people who aren't "actively looking for work" as unemployed?

Because it still meets the definition?

Ehh.  If I hit a big jackpot (more than $25m) in the lottery (or came up with some awesome patent and sold it for a frooglepoopillion dollars), I'd quit my job and not seek another.  But I wouldn't really consider myself unemployed.


Airman Dan
Private Pilot, Instrument Airplane Single-Engine Land
http://homepage.mac.com/dp.design/.Pictures/atat/AtAT-Banner.jpg

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#38 2008-04-02 6:27 pm

Daniel
[dp] design#
From: Melbourne, FL
Registered: 2000-11-21
Posts: 9708
Website

Re: The US in a depression?

ShnickyShnack wrote:

freecat wrote:

JakeTheTall wrote:


Er, I'm not saying to count them in the official unemployment numbers.  I'm saying its a sign of a souring economy to have these people dropping out of the "looking for work" group.

Then I agree. Well, sort of. Relative to our current standard of living, it's a bad sign. It's amazing, though, that people can afford to be discouraged workers.

Actually I've always wondered what the deal is there. How do they live? Are they on welfare or something?

Go to San Francisco, close your eyes, and walk ten feet.  You'll trip over at least three of them.


Airman Dan
Private Pilot, Instrument Airplane Single-Engine Land
http://homepage.mac.com/dp.design/.Pictures/atat/AtAT-Banner.jpg

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#39 2008-04-02 6:49 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: The US in a depression?

Daniel wrote:

ShnickyShnack wrote:

freecat wrote:


What's the argument for counting people who aren't "actively looking for work" as unemployed?

Because it still meets the definition?

Ehh.  If I hit a big jackpot (more than $25m) in the lottery (or came up with some awesome patent and sold it for a frooglepoopillion dollars), I'd quit my job and not seek another.  But I wouldn't really consider myself unemployed.

That really added a lot to the discussion, thanks.


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#40 2008-04-02 7:03 pm

Duke Stratosphere
Winter Rebel
From: Iowa
Registered: 2003-12-10
Posts: 3731
Website

Re: The US in a depression?

JakeTheTall wrote:

Duke Stratosphere wrote:

resedit wrote:


Maybe they can't and remain competitive.

bullsmurf.

C'mon Duke, evil OSHA is destroying the American competitive edge !  You know this is true !

I've never actually seen anyone from OSHA. I have heard that things change drastically in some workplaces whenever OSHA calls ahead to say they're coming over, but I've never actually seen it happen.


"Make the most of the hemp seed.  Sow it everywhere."  --George Washington (No party)

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#41 2008-04-02 7:03 pm

after-life
Member
Registered: 2003-12-25
Posts: 2370

Re: The US in a depression?

JakeTheTall wrote:

Duke Stratosphere wrote:

resedit wrote:

Maybe they can't and remain competitive.

bullsmurf.

C'mon Duke, evil OSHA is destroying the American competitive edge !  You know this is true !

Don't forget the onerous corporate tax rates! And class action lawsuits. You can't forget about them!

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#42 2008-04-02 7:06 pm

after-life
Member
Registered: 2003-12-25
Posts: 2370

Re: The US in a depression?

Duke Stratosphere wrote:

I've never actually seen anyone from OSHA. I have heard that things change drastically in some workplaces whenever OSHA calls ahead to say they're coming over, but I've never actually seen it happen.

California has its own OSHA which apparently actually enforces regulations occasionally. The Bush administration OSHA? Hahahaha.

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#43 2008-04-02 7:09 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: The US in a depression?

after-life wrote:

JakeTheTall wrote:

Duke Stratosphere wrote:


bullsmurf.

C'mon Duke, evil OSHA is destroying the American competitive edge !  You know this is true !

Don't forget the onerous corporate tax rates! And class action lawsuits. You can't forget about them!

Aaaaaand the crippling environmental regulations!

Not to mention the terrifying power of unions!


Note: please delete this post.

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#44 2008-04-02 8:10 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18626

Re: The US in a depression?

ShnickyShnack wrote:

after-life wrote:

JakeTheTall wrote:


C'mon Duke, evil OSHA is destroying the American competitive edge !  You know this is true !

Don't forget the onerous corporate tax rates! And class action lawsuits. You can't forget about them!

Aaaaaand the crippling environmental regulations!

Not to mention the terrifying power of unions!

Corp tax rates aren't crippling. I've not heard of anyone saying they currently are.


What is true is corp, indeed all business taxes, are passed on to the consumer.
Every idiot that screams about raising them is only shooting himself in the foot.


Do your part to combat global warming.
Eat a cow.

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#45 2008-04-02 8:12 pm

after-life
Member
Registered: 2003-12-25
Posts: 2370

Re: The US in a depression?

Farmerkev wrote:

Corp tax rates aren't crippling. I've not heard of anyone saying they currently are.

Hey, we're attempting to mimic the Wall Street Journal editorial page, not to be credible!

Last edited by after-life (2008-04-02 8:14 pm)

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#46 2008-04-02 8:14 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18626

Re: The US in a depression?

after-life wrote:

Farmerkev wrote:

Corp tax rates aren't crippling. I've not heard of anyone saying they currently are.

Hey, we're attempting to mime the Wall Street Journal editorial page, not to be credible!

Sounds more like your attempting to ridicule and discredit what you can't debate.


Do your part to combat global warming.
Eat a cow.

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#47 2008-04-02 8:16 pm

after-life
Member
Registered: 2003-12-25
Posts: 2370

Re: The US in a depression?

You can't be serious. Over the last couple years the right-wing has been spouting off and off about how we have "the highest corporate tax rate in the world" and how it's destroying our businesses. See Mitt Romney, and pretty much any conservative editorial page.

Obviously it's not a credible argument, but it's out there. I'm surprised you haven't seen it.

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#48 2008-04-02 8:22 pm

after-life
Member
Registered: 2003-12-25
Posts: 2370

Re: The US in a depression?

Here's a link off the top of Google.

It's become their new "LIBERALIZE YOUR LABOR MARKET!"

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#49 2008-04-02 8:30 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18626

Re: The US in a depression?

There's enough loopholes and dodges to effectively lower that.
You're only going to get so much before people rebel.
It is a part of the balance of trade issue but only one part.


Do your part to combat global warming.
Eat a cow.

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#50 2008-04-03 4:37 am

isaly
Member
From: well. . . I was there, now I'm
Registered: 2001-09-15
Posts: 5612
Website

Re: The US in a depression?

Farmerkev wrote:

What is true is corp, indeed all business taxes, are passed on to the consumer.
Every idiot that screams about raising them is only shooting himself in the foot.

In a sense, yes, but that's an oversimplification. Tax revenues are needed for all kinds of things. If this administration had spent this money on this stupid Iraq debacle (since 1990) on infrastructure here at home, I think we'd all be a LOT better off.


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