Unemployment Rate? Where will it go?

[WrongHanded]

It worked for me and I started out with nothing. Explain to me how it is that investing one’s wealth is a bad thing?

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.

It’s a free country people can move.

For a small fee I will find anyone willing to work a good paying job.

Actually most people who cannot find a permanent full time job, don't have the financial reserves to move....unless they want to be homeless when they arrive at their destination.

I'm sure you could find anyone willing to work a job. A good paying one? Without stipulations about relocating? I doubt it. Employment opportunities are not evenly distributed, and not everyone can move. Now, if you're willing to help someone relocated, and give them a good paying job, perhaps you'd be successful at that.

 

[Fine Figure of a Man]

I'm sure you could find anyone willing to work a job. A good paying one? Without stipulations about relocating? I doubt it. Employment opportunities are not evenly distributed, and not everyone can move. Now, if you're willing to help someone relocated, and give them a good paying job, perhaps you'd be successful at that.

Lots of very very good paying jobs are available in many areas of this country.
The main stipulation would be that employers tend to hire people rather than adopt them.
People that whine about what they can't do, where they won't go, and the opportunities and pay they deserve but don't have while never doing anything to better themselves usually have exactly what they have earned, not much.
I have no interest in giving them anything.

 

[WrongHanded]

Lots of very very good paying jobs are available in many areas of this country.
The main stipulation would be that employers tend to hire people rather than adopt them.
People that whine about what they can't do, where they won't go, and the opportunities and pay they deserve but don't have while never doing anything to better themselves usually have exactly what they have earned, not much.
I have no interest in giving them anything.

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 to come work for them.

But that won't happen. Those employers will keep their wages where they are, and complain instead. The answer is pretty obvious though: pay more money and get better people. Of course, a good company reputation for treating employees well and offering good benefits helps too.

 

[Fine Figure of a Man]

Those employers will keep their wages where they are, and complain instead. The answer is pretty obvious though: pay more money and get better people.

The reality is more jobs going out of this country to places with lower taxation and stronger work ethics.
Wouldn’t expect you to except that. If you’ve never hired anyone, had to make payroll, risked everything you ever had on a project, all the things that come with running a business.

 

[WrongHanded]

The reality is more jobs going out of this country to places with lower taxation and stronger work ethics.
Wouldn’t expect you to except that. If you’ve never hired anyone, had to make payroll, risked everything you ever had on a project, all the things that come with running a business.

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 complaining about hiring and making payroll? Are you having trouble finding employees?

 

[Fine Figure of a Man]

But you're talking about jobs are leaving the country, and then complaining about hiring and making payroll? Are you having trouble finding employees?

You are complaining. I am explaining the realities faced by businesses and that people have the opportunity to better themselves if they choose to. Some do, many do not but they love to complain about any and all that have more than they do.
I know and interact with many employers in a wide range of fields. Every one of them struggles to find responsible employees and yes they are very good paying jobs.

 

[WrongHanded]

You are complaining. I am explaining the realities faced by businesses and that people have the opportunity to better themselves if they choose to. Some do, many do not but they love to complain about any and all that have more than they do.
I know and interact with many employers in a wide range of fields. Every one of them struggles to find responsible employees and yes they are very good paying jobs.

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 that stopping you and these other companies finding good workers, what with all the jobs going overseas.

 

[Fine Figure of a Man]

Oh, you're explain how things are. Sorry, my mistake. It sounded like complaining.

Understandable, you're very distraught over the injustices of capitalism and the evil rich.

So how much do these well paying jobs actually pay?

What is your definition of good pay?

What's involved?

Work

Skilled labor?

Is there any other kind? If you mean do most require years of experience or schooling, no.

What's expected of people?

Show up ready and willing to work every day.

Do they get training?

In most cases, yes.


I would not hire you and I pity anyone that ever did.

 

[WrongHanded]

Understandable, you're very distraught over the injustices of capitalism and the evil rich.

What is your definition of good pay?

Work

Is there any other kind? If you mean do most require years of experience or schooling, no.

Show up ready and willing to work every day.

In most cases, yes.


I would not hire you and I pity anyone that ever did.

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?

As it happens, I work hard every day. And I do it because I value not only the income, but the position and standing I have at my work, and the respect my employer and others have for me there. I work hard because I take pride in making a good quality product that the customer will like, and that will encourage them to come back and do business with us again. Because I understand that if it's not made right, it's not good enough. And if it doesn't come in under hours, we don't make a profit. Which endangers the company and therefore my source of income. Most employers like having a guy like me around.

Based on our conversations, it sounds to me you're the type that likes to push your employees around and berate them. Act like a really Alpha Dog, and make sure they know their place. What a positive and friendly working environment you must create. No wonder you're struggling to find employees.

 

[Fine Figure of a Man]

It sounds to me like you whine endlessly about anything and everything.

 

[WrongHanded]

It sounds to me like you whine endlessly about anything and everything.

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.

 

[Selena]

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.

No, you are detached from the realities of wealth creation that actually fuels the economy.

 

[Fine Figure of a Man]

No, you are detached from the realities of wealth creation that actually fuels the economy.

Get ready for an endless cycle of nonsense.

 

[Selena]

Get ready for an endless cycle of nonsense.

No doubt.

 

[WrongHanded]

No, you are detached from the realities of wealth creation that actually fuels the economy.

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.

 

[Fine Figure of a Man]

Do you know how much personal debt the average person in this country has?!

Most sources say $90,000-$95,000
Do you know how they got it? I’ll give you a hint, they weren’t born with it.

The only real wealth creation going on is up at the top.

wrong

And do you know what happens when the consumers run out of credit to buy things with?

Do they quit buying stuff on credit?

And do you know what happens when people don’t buy stuff on credit?

Answer: They don’t bury themselves in debt.

 

[WrongHanded]

Most sources say $90,000-$95,000
Do you know how they got it? I’ll give you a hint, they weren’t born with it.

wrong

Do they quit buying stuff on credit?

And do you know what happens when people don’t buy stuff on credit?

Answer: They don’t bury themselves in debt.

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 when they can't afford to continue buying, all the jobs based on consumerism that are not essential, disappear. So does the buying and selling. Then there's mass unemployment, and guess what comes next, with a stagnant economy?

 

[Fine Figure of a Man]

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 when they can't afford to continue buying, all the jobs based on consumerism that are not essential, disappear. So does the buying and selling. Then there's mass unemployment, and guess what comes next, with a stagnant economy?

So your solution is encouraging more debt?

The stagnate economy will be here very soon if Biden succeeds in doubling the capital gains tax.

 

[WrongHanded]

So your solution is encouraging more debt?

The stagnate economy will be here very soon if Biden succeeds in doubling the capital gains tax.

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 course), to spend on their products and services. Most of the economy is built on debt.

So you think it's stagnant now? Not compared to the recession we'll eventually see if things continue in this manner.

 

[Fine Figure of a Man]

wealth creation is not generally happening for average people.

There are about 12 million millionaires in the United States. 80% of them started out poor or middle-class.

Loaning it out to the consumer (to be repaid with interest of course),

You are free to loan money to whoever you want interest free.

So you think it's stagnant now? Not compared to the recession we'll eventually see if things continue in this manner.

Go back and read my last post again, that’s not what I said.