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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Cut off the unemployment subsidies. Now.

Cut off the unemployment subsidies. Now.

Scheduled Pinned Locked Moved General Discussion
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  • M Away
    M Away
    Mik
    wrote on 6 May 2021, 14:11 last edited by
    #1

    https://www.reuters.com/business/whats-up-with-labor-market-probably-wont-know-until-fall-2021-05-06/

    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

    1 Reply Last reply
    • A Offline
      A Offline
      Axtremus
      wrote on 6 May 2021, 17:48 last edited by
      #2

      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.

      M 1 Reply Last reply 6 May 2021, 21:43
      • L Offline
        L Offline
        Loki
        wrote on 6 May 2021, 18:55 last edited by
        #3

        Is thought that increasing corporate tax rate will help in hiring?

        A T 2 Replies Last reply 6 May 2021, 18:57
        • L Loki
          6 May 2021, 18:55

          Is thought that increasing corporate tax rate will help in hiring?

          A Offline
          A Offline
          Axtremus
          wrote on 6 May 2021, 18:57 last edited by Axtremus 5 Jun 2021, 18:59
          #4

          @loki said in Cut off the unemployment subsidies. Now.:

          Is thought that increasing corporate tax rate will help in hiring?

          Increasing corporate tax rate to pay for better education and training will create a larger, more skillful workforce. Using that money to improve infrastructure will increase demand for labor. So yes, through those mechanisms it will help in hiring.

          L 1 Reply Last reply 6 May 2021, 19:15
          • A Axtremus
            6 May 2021, 18:57

            @loki said in Cut off the unemployment subsidies. Now.:

            Is thought that increasing corporate tax rate will help in hiring?

            Increasing corporate tax rate to pay for better education and training will create a larger, more skillful workforce. Using that money to improve infrastructure will increase demand for labor. So yes, through those mechanisms it will help in hiring.

            L Offline
            L Offline
            Loki
            wrote on 6 May 2021, 19:15 last edited by Loki 5 Jun 2021, 19:19
            #5

            @axtremus said in Cut off the unemployment subsidies. Now.:

            @loki said in Cut off the unemployment subsidies. Now.:

            Is thought that increasing corporate tax rate will help in hiring?

            Increasing corporate tax rate to pay for better education and training will create a larger, more skillful workforce. Using that money to improve infrastructure will increase demand for labor. So yes, through those mechanisms it will help in hiring.

            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?

            A 1 Reply Last reply 6 May 2021, 20:05
            • L Offline
              L Offline
              LuFins Dad
              wrote on 6 May 2021, 19:31 last edited by
              #6

              The types of jobs infrastructure creates are not jobs you learn at Junior College. They are jobs you learn on the job or at trade school. So there's little help there.

              Say what you want about the unemployment benefits not being a factor. I suspect that neither you nor the author of the article are dealing with 15 fvcking calls a week where people are wanting job interviews but not wanting the job. They just want to show that they are looking.

              The Brad

              1 Reply Last reply
              • L Offline
                L Offline
                LuFins Dad
                wrote on 6 May 2021, 19:34 last edited by
                #7

                *"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.

                The Brad

                A 1 Reply Last reply 6 May 2021, 20:09
                • L Loki
                  6 May 2021, 19:15

                  @axtremus said in Cut off the unemployment subsidies. Now.:

                  @loki said in Cut off the unemployment subsidies. Now.:

                  Is thought that increasing corporate tax rate will help in hiring?

                  Increasing corporate tax rate to pay for better education and training will create a larger, more skillful workforce. Using that money to improve infrastructure will increase demand for labor. So yes, through those mechanisms it will help in hiring.

                  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?

                  A Offline
                  A Offline
                  Axtremus
                  wrote on 6 May 2021, 20:05 last edited by
                  #8

                  @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.

                  L 1 Reply Last reply 6 May 2021, 22:03
                  • L LuFins Dad
                    6 May 2021, 19:34

                    *"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.

                    A Offline
                    A Offline
                    Axtremus
                    wrote on 6 May 2021, 20:09 last edited by
                    #9

                    @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.

                    1 Reply Last reply
                    • J Offline
                      J Offline
                      Jolly
                      wrote on 6 May 2021, 20:58 last edited by
                      #10

                      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

                      A 1 Reply Last reply 7 May 2021, 02:46
                      • A Axtremus
                        6 May 2021, 17:48

                        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.

                        M Away
                        M Away
                        Mik
                        wrote on 6 May 2021, 21:43 last edited by
                        #11

                        @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.

                        “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                        1 Reply Last reply
                        • A Axtremus
                          6 May 2021, 20:05

                          @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.

                          L Offline
                          L Offline
                          Loki
                          wrote on 6 May 2021, 22:03 last edited by
                          #12

                          @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?

                          1 Reply Last reply
                          • J Jolly
                            6 May 2021, 20:58

                            A little revolution might do this country some good.

                            A Offline
                            A Offline
                            Axtremus
                            wrote on 7 May 2021, 02:46 last edited by Axtremus 5 Jul 2021, 04:46
                            #13

                            @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?

                            J 1 Reply Last reply 7 May 2021, 04:42
                            • A Axtremus
                              7 May 2021, 02:46

                              @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?

                              J Offline
                              J Offline
                              Jolly
                              wrote on 7 May 2021, 04:42 last edited by
                              #14

                              @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.

                              “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

                              1 Reply Last reply
                              • L Loki
                                6 May 2021, 18:55

                                Is thought that increasing corporate tax rate will help in hiring?

                                T Online
                                T Online
                                taiwan_girl
                                wrote on 8 May 2021, 02:42 last edited by
                                #15

                                @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???

                                1 Reply Last reply
                                • L Offline
                                  L Offline
                                  LuFins Dad
                                  wrote on 8 May 2021, 03:10 last edited by
                                  #16

                                  https://babylonbee.com/news/shocking-study-finds-paying-people-not-to-work-makes-people-not-want-to-work

                                  The Brad

                                  1 Reply Last reply
                                  • J Offline
                                    J Offline
                                    Jolly
                                    wrote on 8 May 2021, 12:24 last edited by
                                    #17

                                    Shocked! I'm shocked, I tell you!

                                    “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

                                    1 Reply Last reply
                                    • A Offline
                                      A Offline
                                      Axtremus
                                      wrote on 11 May 2021, 10:35 last edited by
                                      #18

                                      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

                                      1 Reply Last reply
                                      • A Offline
                                        A Offline
                                        Axtremus
                                        wrote on 11 May 2021, 22:46 last edited by
                                        #19

                                        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/

                                        L 1 Reply Last reply 11 May 2021, 23:55
                                        • A Axtremus
                                          11 May 2021, 22:46

                                          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/

                                          L Offline
                                          L Offline
                                          Loki
                                          wrote on 11 May 2021, 23:55 last edited by
                                          #20

                                          @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.

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