Cut off the unemployment subsidies. Now.
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*"Economists say that if employers need workers so badly, they would raise pay. So far, that's not happening. U.S. compensation rose more quickly than expected in the first quarter, but the boost came mostly from one-time bonuses to financial sector workers, and was not broadly shared.
"The full sentence is 'I can't find workers at the wage I am willing to offer.' Full stop," said ADP chief economist Nela Richardson. "You can find workers."*
No, SOME economists say that. In the middle of all of this fucking inflation, they think that raising wages will help? Idiots.
@lufins-dad said in Cut off the unemployment subsidies. Now.:
In the middle of all of this fucking inflation, they think that raising wages will help? Idiots.
Paul Volcker showed us that the way to fight inflation was to hike interest rates. Raising wages for the lower- and middle-income folks in the middle of an inflation is fine, and might even be a necessity if you don't want a revolution on the streets.
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A little revolution might do this country some good.
“Cry havoc and let slip the DOGE of war!”
Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton
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The article highlights for you six reasons why there aren‘t more people hired. Not only you choose to focus only on the last one, it’s also one that the economists cited by the article say is dubious.
@axtremus said in Cut off the unemployment subsidies. Now.:
The article highlights for you six reasons why there aren‘t more people hired. Not only you choose to focus only on the last one, it’s also one that the economists cited by the article say is dubious.
It's not dubious. I know lots of people who are doing it. Besides that it is the one the government can act on quickly but the idiots extended it to September. When it ends and if they don't extend it watch how much teh labor force loosens up.
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@loki said in Cut off the unemployment subsidies. Now.:
Our education infrastructure is plenty good. 4000 colleges! It’s what they are teaching and if this forum is representative it seems to be fixated on wokeness and cultural studies. Why pay for skills that don’t matter in the workforce?
Yeah, I'm OK with reducing financial aid for most of the liberal arts and social studies and pour resources into STEM, professional, and trade education and apprentice programs.
@axtremus said in Cut off the unemployment subsidies. Now.:
@loki said in Cut off the unemployment subsidies. Now.:
Our education infrastructure is plenty good. 4000 colleges! It’s what they are teaching and if this forum is representative it seems to be fixated on wokeness and cultural studies. Why pay for skills that don’t matter in the workforce?
Yeah, I'm OK with reducing financial aid for most of the liberal arts and social studies and pour resources into STEM, professional, and trade education and apprentice programs.
I think a lot of people would. Is there anything in our free education legislation that talks about this?
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@jolly said in Cut off the unemployment subsidies. Now.:
A little revolution might do this country some good.
Are you confident that, should a revolution come about, you will like the aftermath more than the status quo?
@axtremus said in Cut off the unemployment subsidies. Now.:
@jolly said in Cut off the unemployment subsidies. Now.:
A little revolution might do this country some good.
Are you confident that, should a revelation come about, you will like the aftermath more than the status quo?
Yes, both Jefferson and I.
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@loki said in Cut off the unemployment subsidies. Now.:
Is thought that increasing corporate tax rate will help in hiring?
Just for curious, I looked up the corporate tax rate over history in the US.
(https://tradingeconomics.com/united-states/corporate-tax-rate)
For the last 110 years, it has averaged 32.3%. Not sure why all of a sudden, anything above 21% is so bad and will crumble the economy???
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Growing number of GOP-led states move to end Covid unemployment benefits https://www.nbcnews.com/politics/politics-news/ill-informed-cruel-growing-number-gop-led-states-move-end-n1266900
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It’s a great reassessment of work in America
https://www.adn.com/nation-world/2021/05/08/its-not-a-labor-shortage-its-a-great-reassessment-of-work-in-america/ -
It’s a great reassessment of work in America
https://www.adn.com/nation-world/2021/05/08/its-not-a-labor-shortage-its-a-great-reassessment-of-work-in-america/@axtremus said in Cut off the unemployment subsidies. Now.:
It’s a great reassessment of work in America
https://www.adn.com/nation-world/2021/05/08/its-not-a-labor-shortage-its-a-great-reassessment-of-work-in-america/Just like nobody wanted homes or things anymore. LOL. What is wrong with people…oh I know, they have narrative in search of an example.
