It seems, so long as workers can be fired, that workers take a rather large risk, but are only left with the metaphorical crumbs from the table. Workers are never allowed to make the big money, that is only right for the risk takers and bigwigs like CEOs, or so we're often told.
Buchanan has been correct on a host of issues, so please can we please stop (I think I have said this now over 30 times!) the partisanship bashing without analyzing the specifics.
I cannot find it at the moment but there was a group of PhDs quoted on this and said something to the effect of "are you kidding me? I have a PhD!"
I call it the dismissal blow off response from hell.
I'll have to write this up but it's absurd and they also allocate billions for this "non training training".
It's just propaganda to deal with that minor detail of career destruction due to labor arbitrage, invented by the Clinton administration to justify bad trade deals, offshore outsourcing, which would destroy U.S. jobs.
one job at a time do they need to tie the Stimulus to domestic jobs for U.S. workers.
Long term they have to address global labor arbitrage...
and crap like "oh retrain" is not the answer there but for this current bill, short term....
keep calling them.
This is an astounding victory for it implies maybe, just maybe Congress might be realizing the statistics are overwhelming we have global labor arbitrage going on and thus once and for all reform those guest worker programs to stop it.
I may hate the financial industry in general, but it's not going away anytime soon, and in this deflationary spiral we "normal" Americans need every freakin' job we can get! Finally, a victory for the middle class.
This is insane, they want to continue to squeeze working America when it's quite clear they have wrung every drop of blood from this stone.
They do anything but do what is needed to increase wages, increase job security and stability, anything but any policy that will actually strengthen the middle class, a wage based class.
The headline unemployment number is 7.6%.
However, that's the seasonal adjusted number. The non seasonal adjusted unemployment number is 8.5%. That's up from 5.4% last January.
Also, the monthly job creation numbers for all of 2008 were revised. These are the results:
Unemployed +550,000
Employed -832,000
Civilian labor force - 282,000
When I get time. I suspect the numbers I'm using (which, BTW, are only the Census Estimate vs BLS's own seasonally adjusted monthly report) are available back to 1913 or so. I don't have time this weekend, but soon I will.
Except for exceptional wartime numbers (Census lists WWI and WWII), armed services are not usually included. The Census lists WWI numbers because otherwise due to the war and the 1918 influenza oubreak, that's the year the United States actually had NEGATIVE population growth.
If anybody knows of a good source for automatic entry in a reasonable (tab delimited or comma delimited) format, let me know. I think it would be interesting to see the near-100-year monthly chart of this.l
I hope you are working on doing this as a time series, as far back as possible. At the very least, compared to the 1960s, and then the 1970s, which kicks off the plunge into "post-industrial" insanity.
Also, how are you treating members of armed services, prisoners, and parolees? Lots of issues there, which have been discussed every now and then on EuroTrib.com.
I consider myself an anverage american. I don't face eviction. I don't think the AVERAGE american faces eviction either. In the event that they have experienced a decline in income most should be able to find a home.
Think about it. There are some "average americans" that are landlords as well. what good does it do to kick a family of 4 out of their rental home (which the landlord owns AND is making payments on as well). That landlord loses that income.
With the economy in decline, property values and interest rates are declining.
Americans don't need to be given MORE money. They need to learn how to BUDGET what little they have.
Many of the 'average americans' that claim hardship these days are the same idiots that took out high-interest loans for a 5 bedroom house or a fancy new SUV when they make $8.50 at their job in the mall.
Its called "restraint" folks. It's called "conservation." Learn to get by and stop pissing away your money on stuff you don't need.
It seems, so long as workers can be fired, that workers take a rather large risk, but are only left with the metaphorical crumbs from the table. Workers are never allowed to make the big money, that is only right for the risk takers and bigwigs like CEOs, or so we're often told.
It seems workers have been scammed.
Buchanan has been correct on a host of issues, so please can we please stop (I think I have said this now over 30 times!) the partisanship bashing without analyzing the specifics.
Uh, I don't think your clip is the right one. It's about a movie, not an argument between Krugman and Buchanan.
Really Good News. American jobs for Americans and American Projects for American Products.
I cannot find it at the moment but there was a group of PhDs quoted on this and said something to the effect of "are you kidding me? I have a PhD!"
I call it the dismissal blow off response from hell.
I'll have to write this up but it's absurd and they also allocate billions for this "non training training".
It's just propaganda to deal with that minor detail of career destruction due to labor arbitrage, invented by the Clinton administration to justify bad trade deals, offshore outsourcing, which would destroy U.S. jobs.
Has always been "retrain for what"? and "have you ever successfully retrained for a 2nd career?"
I can't get an answer to the first, and find VERY few people who were able to do the 2nd.
one job at a time do they need to tie the Stimulus to domestic jobs for U.S. workers.
Long term they have to address global labor arbitrage...
and crap like "oh retrain" is not the answer there but for this current bill, short term....
keep calling them.
This is an astounding victory for it implies maybe, just maybe Congress might be realizing the statistics are overwhelming we have global labor arbitrage going on and thus once and for all reform those guest worker programs to stop it.
I may hate the financial industry in general, but it's not going away anytime soon, and in this deflationary spiral we "normal" Americans need every freakin' job we can get! Finally, a victory for the middle class.
The offshore outsourcing and insourcing committee.
I mean come on, GE? The biggest offshore outsourcer/global labor arbitrage agenda, trash their workforce multinational corporation?
Or at least, that's what this panel will be arguing for- saving money by going elsewhere.
This is insane, they want to continue to squeeze working America when it's quite clear they have wrung every drop of blood from this stone.
They do anything but do what is needed to increase wages, increase job security and stability, anything but any policy that will actually strengthen the middle class, a wage based class.
I wonder if in D.C. income is a dirty word.
The headline unemployment number is 7.6%.
However, that's the seasonal adjusted number. The non seasonal adjusted unemployment number is 8.5%. That's up from 5.4% last January.
Also, the monthly job creation numbers for all of 2008 were revised. These are the results:
Unemployed +550,000
Employed -832,000
Civilian labor force - 282,000
When I get time. I suspect the numbers I'm using (which, BTW, are only the Census Estimate vs BLS's own seasonally adjusted monthly report) are available back to 1913 or so. I don't have time this weekend, but soon I will.
Except for exceptional wartime numbers (Census lists WWI and WWII), armed services are not usually included. The Census lists WWI numbers because otherwise due to the war and the 1918 influenza oubreak, that's the year the United States actually had NEGATIVE population growth.
If anybody knows of a good source for automatic entry in a reasonable (tab delimited or comma delimited) format, let me know. I think it would be interesting to see the near-100-year monthly chart of this.l
we cannot have more than one blog post on the incredible unemployment numbers in order.
I like the last line of seebert's post, "we're in an insolvency trap".
Not only are you not aware of what is happening to working America, you add insult to injury trying to blame people for what is happening to them.
Get out more!
I never ceases to amaze me the lack of compassion or even recognizing the statistical facts of what is happening to people in the United States today.
I hope you are working on doing this as a time series, as far back as possible. At the very least, compared to the 1960s, and then the 1970s, which kicks off the plunge into "post-industrial" insanity.
Also, how are you treating members of armed services, prisoners, and parolees? Lots of issues there, which have been discussed every now and then on EuroTrib.com.
I'll edit and change the U6 immediately. I must have mistyped this.
Wasn't January's U6 reported at 13.9% today?
I consider myself an anverage american. I don't face eviction. I don't think the AVERAGE american faces eviction either. In the event that they have experienced a decline in income most should be able to find a home.
Think about it. There are some "average americans" that are landlords as well. what good does it do to kick a family of 4 out of their rental home (which the landlord owns AND is making payments on as well). That landlord loses that income.
With the economy in decline, property values and interest rates are declining.
Americans don't need to be given MORE money. They need to learn how to BUDGET what little they have.
Many of the 'average americans' that claim hardship these days are the same idiots that took out high-interest loans for a 5 bedroom house or a fancy new SUV when they make $8.50 at their job in the mall.
Its called "restraint" folks. It's called "conservation." Learn to get by and stop pissing away your money on stuff you don't need.
I can imagine that- I grew up knowing and talking to litterally hundreds of people who did just that.
United States, NAFTA has worked it's magic. You now have the same economy as Mexico.
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