February 6, 201214 yr Government jobs have declined 2.6 percent under Obama, somewhere between 5 and 6 hundred thousand. To suggest that he has grown the government is silly. So he gets it from both ends. He has to shrink the government (cut jobs) and yet create jobs. When he shrinks the government payroll it raises the the unemployment. Kind of tough isn't it. I want him to cut federal jobs. You didnt see me blaming Obama for not creating jobs. The government should leave that to the currently not-so-free, free market.
February 6, 201214 yr I want him to cut federal jobs. You didnt see me blaming Obama for not creating jobs. The government should leave that to the currently not-so-free, free market. What is not free about the market right now?
February 6, 201214 yr 78 million baby boomers out there or 26% of the US population per 2006. (1946-1964) Behner says 10,000 Baby Boomers are retiring every day and the number will be that way for 19 years. http://www.politifact.com/ohio/statements/2011/sep/26/john-boehner/house-speaker-john-boehner-says-10000-baby-boomers/ A 2010 Pew Research Center study says baby boomers comprise 26 percent of the total U.S. population. After 2030 - when that generation reaches retirement age - Pew projects that 18 percent of the nation’s population will be over age 65, compared with 13 percent today. Census data collected by Pew indicates the estimated number of retires could be even greater than 10,000 per day. According to Pew’s data, 76 million people were born in the United States between 1946 and 1964. After subtracting those who died and adding immigrants born during those years, America has 79.6 million people of that generation. If you divide 79.6 million by 19 years (the number remaining until 2030), then divide that by 365 days, you get a daily average of 11,476 people turning 65. Although not everyone in that age group will live to reach age 65, the amount who will end up retiring each day could significantly exceed Boehner’s 10,000 per day figure. I've had a few beers so maybe I'm missing it but how does this prove more people are retiring then entering the workforce?
February 6, 201214 yr What is not free about the market right now? It's centralized and our succeses depend on close ties between government officials and business people. I.e. special tax breaks, government grants, legal permits.
February 6, 201214 yr I've had a few beers so maybe I'm missing it but how does this prove more people are retiring then entering the workforce? Just data to look at. I guess the best thing would be figure out the population numbers for ages 18 to 25 and compare to the 10,000 retirees per day.
February 6, 201214 yr It's centralized and our succeses depend on close ties between government officials and business people. I.e. special tax breaks, government grants, legal permits. Also, government regulations.
February 6, 201214 yr It's centralized and our succeses depend on close ties between government officials and business people. I.e. special tax breaks, government grants, legal permits. But that is not Obama.
February 6, 201214 yr Also, government regulations. What specific new regulations keep people from hiring?
February 6, 201214 yr What specific new regulations keep people from hiring? Do the new regs imposed on coal burning power plants promote people being hired when the power companies decide to close the plants because of the increased regulatory costs?
February 6, 201214 yr Do the new regs imposed on coal burning power plants promote people being hired when the power companies decide to close the plants because of the increased regulatory costs? Where has that happened? My assumption is that the cost would be passed on to the customer. Too much money to be made otherwise. It is still not cheaper to burn oil, maybe it is with natural gas, not sure but people will keep needing the power.
February 7, 201214 yr But that is not Obama. Quit being emotionally attached to Obama, it's weird.. Where did I blame him for those policies? I spoke of the government, not a particular individual in the government. What specific new regulations keep people from hiring? You are still completely missing my point... "new" regulations ?? I'm not playing a blame game with you. I am addressing all regulations, whether they were implemented by Obama, or not. They have a negative impact on the economy as a whole. Edited February 7, 201214 yr by Know It All
February 7, 201214 yr Quit being emotionally attached to Obama, it's weird.. Where did I blame him for those policies? I spoke of the government, not a particular individual in the government. You are still completely missing my point... "new" regulations ?? I'm not playing a blame game with you. I am addressing all regulations, whether they were implemented by Obama, or not. They have a negative impact on the economy as a whole. Exactly and while the President might not be responsible for them he can sure do something about them.
February 7, 201214 yr Quit being emotionally attached to Obama, it's weird.. Where did I blame him for those policies? I spoke of the government, not a particular individual in the government. You are still completely missing my point... "new" regulations ?? I'm not playing a blame game with you. I am addressing all regulations, whether they were implemented by Obama, or not. They have a negative impact on the economy as a whole. So we go back to a discussion we have had on here before. "All regulations are bad." Lead in paint is okay. Asbestos is okay. Child labor is okay? Slave wages are okay?
February 7, 201214 yr Child Labor Child-labor laws were and are a blow against the freedom to work and a boost in government authority over the family. You might be surprised to know that the laws against "child labor" do not date from the 18th century. Indeed, the national law against child labor didn't pass until the Great Depression, in 1938 (Fair Labor Standards Act). It was the same law that gave us a minimum wage and defined what constitutes full-time and part-time work. It was a handy way to raise wages and lower the unemployment rate: simply define whole sectors of the potential workforce as unemployable. By the time this legislation passed, however, it was mostly a symbol. Youth labor was expected in the 17th and 18th centuries, since remunerative work opportunities were newly present. But as prosperity grew with the advance of commerce, more kids left the workforce. By 1930, only 6.4 percent of kids between the ages of 10 and 15 were actually employed, and 3 out of 4 of those were in agriculture. In wealthier, urban, industrialized areas, child labor was largely gone, as more and more kids were being schooled. Cultural factors were important here, but the most important consideration was economic. More developed economies permit parents to "purchase" their children's education out of the family's surplus income, if only by foregoing what would otherwise be their earnings. Here is another example: If I wanted to go to a gas station and tell them I will stand outside and pump people's gas for 3$/hr, just work enough to make money to eat, then I should have the right to do so. It provides employment for low-productive jobs. Jobs your policy take away and mandate the people who it effected to become dependent on the government. Slave wages The economic case against minimum wage laws is simple. Employers pay a wage no higher than the value of an additional hour's work. Raising minimum wages forces employers to dismiss low productivity workers. This policy has the largest affect on those with the least education, job experience, and maturity. Consequently, we should expect minimum wage laws to affect teenagers and those with less education. Eliminating minimum wage laws would reduce unemployment and improve the efficiency of markets for low productivity labor.
February 7, 201214 yr The stated unemployment rate is but one measure. It is a national number and it is manipulated. Unfortunately, the track records for this administration is to overstate the number in the 'initial' and adjust - usually downward in the less reported (and more accurate) 'revised'. Regardless, the question is how is the local environment in Kentucky? Who knows of upcoming college graduates who think they will have a choice of solid jobs when they graduate this spring? Who fells if they lost their job tomorrow they can get a similar job in a short time? How many people who have had to take jobs for much less than they were making are now finding jobs at lease 50% or more of what they were making before being laid off? I do not think the answer to these questions is as positive as we want right now. It can get to 7.9. It can get to 7.0. It can get to 6.5. But the real measure of how things really are is contained in the answers to the questions above. Deep recessions occur and unemployment spikes. But the chart posted earlier shows that a deep hit should have a fast recovery. That is not the case here. Part of that is negative and bad government policy. Part of it is the impact globalization by the multi-nationals.
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