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  1. W

    Unemployment Rate? Where will it go?

    Delusional.
  2. W

    Unemployment Rate? Where will it go?

    Okay, you want to win that point really badly huh? You're right and I'm wrong. Some people do create wealth from nothing. Actors, musicians, sports players, and a whole bunch of others. You happy about that now? You're failing to understand the scope of the situation. The economy is based on...
  3. W

    Unemployment Rate? Where will it go?

    12 million millionaires. That's a representation of average people to you. What about the other 96% or so of the population? Yep. People can loan money to anyone they want. But this Nation cannot continue to support itself by increasing consumer debt levels forever. I'm not sure what you don't...
  4. W

    Unemployment Rate? Where will it go?

    No, my solution is not more debt. I brought it up in response to Selena, to illustrate that wealth creation is not generally happening for average people. Quite the opposite. And the very wealthy are the ones making the money. Loaning it out to the consumer (to be repaid with interest of...
  5. W

    Unemployment Rate? Where will it go?

    Yes, people create their own debt. Foolish people, think they need stuff that's advertised to them. But the problem is that you're right: they stop buying stuff on credit. Do you know what that will do to the economy? Just think about it for a moment. Approximately 70% of GDP is consumerism. So...
  6. W

    Unemployment Rate? Where will it go?

    Oh sure I am. "Wealth Creation" indeed. Do you know how much personal debt the average person in this country has?! The only real wealth creation going on is up at the top. And do you know what happens when the consumers run out of credit to buy things with? You should really think about that.
  7. W

    Unemployment Rate? Where will it go?

    Sounds to me like you're detached from the realities of the US economy except for your small part of it. And that you think things should all be exactly however would be best for you. None of which surprises me in the least.
  8. W

    Unemployment Rate? Where will it go?

    Thanks for the bunch of non answers. You're the one talking about good paying jobs, but you can't put a number on it. Won't say what the skills are. Won't say what the environment or nature of the work is. No specifics at all, and yet you'll insult me. Is this how you conduct job interviews too...
  9. W

    Unemployment Rate? Where will it go?

    Oh, you're explain how things are. Sorry, my mistake. It sounded like complaining. So how much do these well paying jobs actually pay? What's involved? Skilled labor? Field work or shop work? What's expected of people? Do they get training? I'm legitimately interested as to what the issue is...
  10. W

    Unemployment Rate? Where will it go?

    So jobs are leaving the country. I accept that of course. Please thank the gigantic corporations for their cost saving efforts, so that all the big investors (oh, I mean working class retirement plan owners) can make more profits. But you're talking about jobs are leaving the country, and then...
  11. W

    Unemployment Rate? Where will it go?

    So you're suggesting these very very good paying jobs that are widely available are unfilled positions because there are no good quality candidates left out there? All the good ones have jobs? Sounds like those employers are going to have to up their offers to get people who are already employed...
  12. W

    Unemployment Rate? Where will it go?

    That's a strawman argument. Investing in yourself isn't a problem. Using massive wealth to create more wealth, and paying a relatively low tax rate for doing no real work, is a problem. It's even worse when those profits come by the way of exploiting poor people with few employment options...
  13. W

    Unemployment Rate? Where will it go?

    Yep. Of course, it's hard to compete when you don't have as much buying power as the competition. They set prices where they want. They want them low enough to keep people coming in. But when they buy in massive bulk, the cost per unit is reduced which means they still turn big profits by...
  14. W

    Unemployment Rate? Where will it go?

    And we're back to you want me to decide how much minimum wage should be. The truth is, there probably shouldn't be a Federal minimum wage. It should be a State issue. What keeps a 40hr per week worker afloat in one State, is not enough in another, and is more than is necessary in yet another...
  15. W

    Unemployment Rate? Where will it go?

    In the free market, those with the money and property rule those that don't. We don't have a free market, and that's for the best.
  16. W

    Unemployment Rate? Where will it go?

    That'll be easy to keep track of in Walmart. "So how many cans of beans did you get onto the shelves today? How many rolls of toilet paper? Let's tally it all up to see how much you earned today." Piece work is not widely applicable in the service industry.
  17. W

    Unemployment Rate? Where will it go?

    From that perspective, how would you work out the ratio of increased pay for increased production? What I'm asking is if someone does 50% more work than the average worker, should they get 50% more pay? It doesn't ever seem to work like that, which I suspect is why so many people only do the...
  18. W

    Unemployment Rate? Where will it go?

    I've experienced a lot of people who over-estimated their worth. But it's really interesting how we do our math sometimes. I remember working for a company that started people at $15-16 an hour through the door. The average employee could produce N number of units a week. So there's your...
  19. W

    Unemployment Rate? Where will it go?

    Wow! Good job. Laughter was had by all.
  20. W

    Unemployment Rate? Where will it go?

    Clarify your question, and I'll answer it.
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