beardo
Well-Known Member
Couldn't businesses choose not to accept credit cards?
Cant consumers choose not to use credit cards?
You were not gouged you chose to buy a service.
Deficit Deal will Kill Jobs
- Thread starter mame
- Start date
Cant consumers choose not to use credit cards?
You were not gouged you chose to buy a service.
txhazard
Well-Known Member
Government does not create jobs really, all it can honestly do is create an environment in which new jobs can be created. It is failing at this in a very much epic way.
sync0s
Well-Known Member
Realize that the bridge that crosses the St Croix River in Stillwater scores a lot worse than the 35W bridge (the bridge that collapsed in Minneapolis). There is actually signs that say "Cross at your own risk" posted, lol. If this could be done privately, I would advocate the government not doing it, however it is government property and thus can only be handled by one entity. Sell it to a private company, let them build tolls, and cut taxes!
there are only two ways to get rid of debt, well actually 3, with one being death. One way is by paying it off, debt can only be paid off with savings. The other way of getting rid of debt is by defaulting and going bankrupt. So there you have it, restructuring only kicks the can down the road and ultimately makes the amount you have to pay back even larger. It doesn't get rid of it, it just makes the pain go away for a little while, only to have it come back worse. Its like Greece, sure the second restructuring has helped that little country stay afloat, but wait until next year when they just finally default and leave the EU, it WILL happen.
Gold would automatically make banks careful to lend to the right people who would pay them back. When a bank loses cash it loses profit, but when a bank loses gold it loses capital.
beardo
Well-Known Member
What about the one were trying now- were spending so much the debt we owe will be less because of currency devaluation. The number of the debt remains but the value of what is given as opposed to what is owed will change. We will still pay out pensions and social security in the amounts we had agreed on-but their will not be cost of living increases and their will not be interest paid on the savings to keep pace with inflation-so we we pay off the debt with money that has lost it's purchasing power. If your intrest earned doesn't keep pace with inflation you have lost- if you put in 100 and get out 110 you have still lost if you can eat less today with your 110 than you could have with your original 100- So we borrow spend print and lend-and once the people are unemployed broke and hungry we will vote as they tell us-en mass
Oh, thats not paying off or restructuring debt, thats called balls to wall gimme gimme mo money mo money mo money mo problems!!
[video=youtube;twkh0YiInPM]http://www.youtube.com/watch?v=twkh0YiInPM[/video]
beardo
Well-Known Member
Weren't those guys just guests at the White house? Or was that J-Z and Beyoncee again? I know i'm preatching to the choir here, It just seems like bizarro world turn on the news and the feds are srming mexican gangs - I guess it's been fucked up since before my time but I think we are obligated to at least say things are way fucked up.
DrFever
New Member
No one KNOWS for certain. The Bureau of Labor Stats estimates from a carefully designed multi-part national survey that just short of 10% of the 153 million folks in the IUS workforce are "unemployed". That means one thing - seeking work but not paid to work this week.
There are another 150 million US residents not working, but they are outside the workforce: retirees, children, inmates, active military, disabled, housewives, and former workers not seeking employment.
The percent unemployed refers to the percent of workers unemployed, and does not include children and others not considered a part of the work force.
The percent unemployed refers to the percent of workers unemployed, and does not include children and others not considered a part of the work force.
DrFever
New Member
No recession in modern times has left so many people out of work for so long as the one that continues to plague us. Among the nearly 14 million Americans officially counted as unemployed by the Bureau of Labor Statistics, almost one-third have been out of work for a year or more. That number doesn't even count everyone, says Lauren Appelbaum, research director for the UCLA Institute for Research on Labor and Employment. About a million and a half people would take a job if they could find one, but instead have gone back to school, or are caring for ailing relatives, or are doing something else while waiting for the job market to improve. Then there are more than 800,000 who are so discouraged that they have given up looking and are burning through their savings, bunking with relatives, or scraping by in what economists call the "informal economy." Appelbaum says even if the economy picks up, returning all these people to the workforce will be a monumental task. "The first people to be hired are going to be those who have not been out that long," she told me.
Meanwhile, researchers are charting the financial, psychological, and physical effects of long-term unemployment, and not surprisingly the news is bad. In testimony before Congress, Till von Wachter, associate professor of economics at Columbia, presented a grim picture of long-term unemployment damaging health and even shortening lives. And when people finally return to the workplace, he noted, their earning power can be reduced by as much as 20 percent for the next two decades. The scourge afflicts an entire family, too: Long-term unemployment can echo through the next generation, resulting in lower educational attainment and earnings by the children of the unemployed. For that matter, it can mean there are fewer members of the next generation. Appelbaum says some research shows that bad economic prospects can mean people delay starting families, or have fewer children.
OK, the recession is depressing. But here at DoubleX, we're looking for good news. We want your stories of finding work after being unemployed for a year or more. We want to hear how you—young, middle-aged, or old—beat the odds, threw off the stigma, and got back into the workforce. This includes not only those of you who were unemployed because you had lost a job, but recent graduates who finally found that first job, and stay-at-home mothers who became breadwinners. Did you get new training that resulted in a job? Did you fashion yourself as a "consultant" so that you didn't have to explain an eyebrow-raising gap in your employment record? Did you become a volunteer and make yourself so valuable they started paying you? Did you use social networking to connect yourself to people who knew of a job opening? Did you pack everything in your car and drive someplace with better job opportunities?
Meanwhile, researchers are charting the financial, psychological, and physical effects of long-term unemployment, and not surprisingly the news is bad. In testimony before Congress, Till von Wachter, associate professor of economics at Columbia, presented a grim picture of long-term unemployment damaging health and even shortening lives. And when people finally return to the workplace, he noted, their earning power can be reduced by as much as 20 percent for the next two decades. The scourge afflicts an entire family, too: Long-term unemployment can echo through the next generation, resulting in lower educational attainment and earnings by the children of the unemployed. For that matter, it can mean there are fewer members of the next generation. Appelbaum says some research shows that bad economic prospects can mean people delay starting families, or have fewer children.
OK, the recession is depressing. But here at DoubleX, we're looking for good news. We want your stories of finding work after being unemployed for a year or more. We want to hear how you—young, middle-aged, or old—beat the odds, threw off the stigma, and got back into the workforce. This includes not only those of you who were unemployed because you had lost a job, but recent graduates who finally found that first job, and stay-at-home mothers who became breadwinners. Did you get new training that resulted in a job? Did you fashion yourself as a "consultant" so that you didn't have to explain an eyebrow-raising gap in your employment record? Did you become a volunteer and make yourself so valuable they started paying you? Did you use social networking to connect yourself to people who knew of a job opening? Did you pack everything in your car and drive someplace with better job opportunities?
jeff f
New Member
krugman is so full of shit he stinks.
this whole thing was basically brought on by, hold onto your horses, GOVERNMENT INTERFERENCE.
government is the one that MADE banks give money to people who couldnt afford to pay it back. government is the one who is broke. governments are the ones falling apart from an unsustainable debt load.
yet you socialists think government spending even more money is gonna pull us out. you are absolutely nuts.
douchbag says the depression got worse after govt spending was cut back in 37? so the first 7 years of spending didnt fix it? 7 years of paying people not to work didnt work? wow, there is a surprise.
mame, i think you clowns are seriously deranged.
jeff f
New Member
so how does krugman explain why the bond raters are telling us that our bonds are going to be worth a lot less if we dont get spending under control?
is he saying that moody's doesnt know what they are talking about? who does krugman think is gonna lend us the money to spend more when our credit ratings are in the toilet?
your central planners have been wrong. the stimulus infinity program has been a huge bust that didnt do what the central planners told us it was going to do.
there have been no spending cuts by govt central planners, none. yet, we are to believe that if the govt is cut down to size, somehow that is going to make things worse? certainly throwing money at the problem for the last several years hasnt worked, so lets throw more? is that the thinking?
absurd.
its like me maxing out my credit card and visa calls and says, "we are going to increase your credit limit so you can get out of debt". complete insanity
jordan293
Well-Known Member
they're only raising taxes for ridiculously rich people the republicans always try to leave that out there not there to help the economy there there to put as much money in they're pockets as they can god I hate capitalism
jeff f
New Member
...he says while sitting on his computer, in air conditioning, trying to make more money to better his family and buy nicer shit....
yes, capitalism sucks.
undertheice
Well-Known Member
no, what you hate is the successful capitalist. what you're feeling is called envy, an emotion i don't doubt you are quite familiar with.
jordan293
Well-Known Member
I'm only 18 asshole I dont even work I just see the rat race from the outside looking in if u kno wat I mean
jordan293
Well-Known Member
no I hate capitalism because it gives rich people power like lobbyist for laws being passed how bush passed all those tax cuts for big businesses and wealthy people cuz he's in the fuckin oil company!!! he's not there to help America he's there to make the most money that he can
jordan293
Well-Known Member
ya I still live with my parents and I go to college
beardo
Well-Known Member
Your parents must be great people, you should take care of them when they get old-Don't send them to a crappy home, change their diapers yourself or make sure you marry a good woman and have her do it, it's the least you can do.