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Old 11-06-2009, 04:31 PM   #21 (permalink)

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Originally Posted by Conan Memories View Post
It's scary how sharply this graph is going up with high momentum.
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Old 11-06-2009, 04:32 PM   #22 (permalink)

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And today in the news they're talking about how the current administration is looking to raise the minimum wage. Sure, give employers more disincentive to hire, make domestic goods more expensive, a night out to dinner more costly. Like a poster above me said, we shouldn't have economic illiterates running the country.
The correlation between Min wage increases and unemployment is non existent at best.
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Old 11-06-2009, 04:34 PM   #23 (permalink)

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Getting laid off in the US is also pretty funny, the ole out the door see ya later bub. In Europe at least they have to work out something with your seperation pay. Not saying we should go as far as them but we need to move a bit in that direction.
Also in European countries the unemployed still have their health care.
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Old 11-06-2009, 04:34 PM   #24 (permalink)

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It's scary how sharply this graph is going up with high momentum.
Oh, goodie! ****bag Mammaries has a new graph to post as a response in every thread.
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Old 11-06-2009, 04:35 PM   #25 (permalink)
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The correlation between Min wage increases and unemployment is non existent at best.
And you base this on what exactly?

It goes against all sound economic thinking that a price floor will not lead to economic distortions in ANY good - wages are not excepted.
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Old 11-06-2009, 04:36 PM   #26 (permalink)
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God damnit, how the fuck am I supposed to get a job now? Are any sectors or industries doing better in terms of employment than others?
Higher level workers have a big edge. If you have a lot of work experience, employers will probably look for you first. I work with software, and low end guys have no luck. Senior guys can still find a job pretty easily.
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Old 11-06-2009, 04:43 PM   #27 (permalink)

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The signs are good
Porductivity is up, employment will follow, conservatards will still whinge
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Old 11-06-2009, 04:44 PM   #28 (permalink)

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The signs are good
Porductivity is up, employment will follow, conservatards will still whinge
Productivity is up? What does that mean?
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Old 11-06-2009, 04:47 PM   #29 (permalink)
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Productivity is up? What does that mean?
I guess he means the GDP is up, which is correct.

But GDP = C + G + I. Government has dramatically increased it's spending and encouraged people to consume more. That has nothing to do with productivity or a sustainable recovery. All it means you went deeper into debt.
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Old 11-06-2009, 04:48 PM   #30 (permalink)

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Productivity is up? What does that mean?
I think Obama hired Baghdad Bob for White House PR.
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