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The WSJ article on the previous page was quite good at explaining things. Anybody else read it?

Obama Shifts to Export-Led Jobs Push Long Recession Ignites Debate on Jobless Benefits
Any government program that would reduce unemployment has to make working more attractive for both employer and employee. Since late 2007 the federal government has spent somewhere around $3.6 trillion to stimulate the economy. That is a lot of money.

My suggestion would have been to take all $3.6 trillion and declare a federal tax holiday for 18 months. No income tax, no corporate profits tax, no capital gains tax, no estate tax, no payroll tax (FICA) either employee or employer, no Medicare or Medicaid taxes, no federal excise taxes, no tariffs, no federal taxes at all, which would have reduced federal revenues by $2.4 trillion annually. Can you imagine where employment would be today? How does a 2.5% unemployment rate sound?
quote:
Originally posted by teyates:
Buttercup, If you are unemployed and in need of money to support your family, a good work ethic will dictate that you take whatever comes along in an effort to help support your family, until something else opens up, rather than sucking from the government teat and living off the back of others.
Unemployement was only supposed to be stopgap to help people bridge the gap to a new job, and was never meant to be something that lasted for months and even years.
Thank God some people in the government are having a little tough love and saying NO to more psedning. The money is not there. The problem is getting worse. There are some jobs out there, they may not pay much, but desperate times calls for desperate measures. Take the job, make less money, and apply for some help (Medicaid, Food stamps, school lunches, etc). They do not need to be totally dependent on the government and the other taxpayers.


I agree that unemployment is only intended to help people until they can find a new job, but there aren't any jobs. The market is flooded with people seeking employment; unemployed workers now outnumber job openings five-to-one.

Living in the Shoals, where there's a major scarcity of jobs, what would you do if you suddenly lost your job? Have you thought about that? Hopefully you have six months worth of living expenses saved up, but if you do you're in the minority.

It's easy to judge the unemployed as "sucking from the government" until you find yourself in that situation.
quote:
Originally posted by teyates:
Buttercup, If you are unemployed and in need of money to support your family, a good work ethic will dictate that you take whatever comes along in an effort to help support your family, until something else opens up, rather than sucking from the government teat and living off the back of others.
Unemployement was only supposed to be stopgap to help people bridge the gap to a new job, and was never meant to be something that lasted for months and even years.
Thank God some people in the government are having a little tough love and saying NO to more psedning. The money is not there. The problem is getting worse. There are some jobs out there, they may not pay much, but desperate times calls for desperate measures. Take the job, make less money, and apply for some help (Medicaid, Food stamps, school lunches, etc). They do not need to be totally dependent on the government and the other taxpayers.


uhhh just my two cents but if like me, you've worked all your life 32 years in my case, and suddenly find yourself unemployed, your hardly suckin off of other people or the government teat, you've paid in toward unemployment for many many years. now, i am self employed so it doesn't apply to me but i did draw unemployment for a while after my job was eliminated and before i went to work for myself.
quote:
Originally posted by CageTheElephant:
quote:
No actually, I am self employed.I worked my way thru the final years of college, and then graduate school.


Business owner getting "hit" by those taxes, from the same Government dolling it out to
"those sucking the teat"? And while you were working your way through...did you have a family to feed? Was there a market for what you majored in? Did minimum wage allow you to be independent, and still attend college?

quote:
If I lose my job today, I will find something else to do tomorrow, whether it pays the same as now or not. That is the type of work ethic I have.


Obviously haven't had to in todays economy.

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as long as they live under my roof.


Hmmm...is that the same as "As long as they do what I SAY"? That statement alone speaks volumns of your "ethic"

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And the other probelem, is the money is not there. Can you not understand that. This money is being borrowed fromsomewhere else, or taken from the pockets of those who are working already. Get a grip.


The "money" hasn't been there in over 50 years. But there hasn't been a problem shelling it out to other nations, pet projects, mothballed nuclear plants, BAILOUTS, etc...NOW it's about people.
Borrowing? Take a look at Social Security, etc.
Taking from working peoples pockets...how easy you forget that the unemployed were once EMPLOYED...many for most of their lifetime.

But you keep that "grip"...it's easier when you have something in hand, to judge those that have nothing to "hold on to" anymore.


Okay, first I can't believe I agree with Cage about something but I do.

As to our debt issues, teyates, I assume you are referring to what we owe China.

(I posted this on the News thread about the employment problem too):

Americans haven't stopped buying yet. And if we want to buy anything, chances are it's made in China, making China's economy dependent on U.S. customers. Also, because Europe is experiencing a worse fiscal crisis than the U.S., China will continue to buy our bad debt; the dollar is still a safer bet than the euro.

Debt is not good but as long as we're China's best customer they will not try to bankrupt us. If the U.S. economy collapses, so does China's.
quote:
Originally posted by bama in chi-town:
Just went out to grab lunch. In downtown Chicago there were signs posted in the windows of Subway, Quizno's, and 7-11 that said they were hiring.


More than likely part-time jobs with no benefits. And I wonder how many applications these places had already received for these jobs - probably quite a few.
quote:
Sez Buttercup:
Okay, first I can't believe I agree with Cage about something but I do.


Stop that!!! an' don't do it again!

You start agreein' with me, an' I might...just maybe...remotely...start to like you...WHICH! would completely blow my "hardazzed, I -don't-give-a-shizz-what-anyone-thinks attitude ta' hell...

ps...I still don't like you! Big Grin
quote:
Originally posted by CageTheElephant:
quote:
Sez Buttercup:
Okay, first I can't believe I agree with Cage about something but I do.


Stop that!!! an' don't do it again!

You start agreein' with me, an' I might...just maybe...remotely...start to like you...WHICH! would completely blow my "hardazzed, I -don't-give-a-shizz-what-anyone-thinks attitude ta' hell...

ps...I still don't like you! Big Grin


Well I don't like you either! And stop posting cool songs on the threads in Misc. All this, along with my peace treaty with b50m, is just...confusing. Razzer Big Grin
quote:
Originally posted by Buttercup:
quote:
Originally posted by CageTheElephant:
quote:
Sez Buttercup:
Okay, first I can't believe I agree with Cage about something but I do.


Stop that!!! an' don't do it again!

Picture flowers, peace symbols and smoke whispering in the open air, and dancing in a meadow while we all sing..........Well the times they are 'a' changin........Ah, feel the love in this room?

Legalize Marijuana????? Big Grin Cool Smiler Smiler

You start agreein' with me, an' I might...just maybe...remotely...start to like you...WHICH! would completely blow my "hardazzed, I -don't-give-a-shizz-what-anyone-thinks attitude ta' hell...

ps...I still don't like you! Big Grin


Well I don't like you either! And stop posting cool songs on the threads in Misc. All this, along with my peace treaty with b50m, is just...confusing. Razzer Big Grin
quote:
Originally posted by seeweed:
quote:
Originally posted by Jobe:
quote:
Originally posted by CageTheElephant:
Defeating jobless bill

http://www.timesdaily.com/arti...7069997/0/ELECTION04



Among them are Alabama Sens. Jeff Sessions, of Mobile, and Richard Shelby, of Tuscaloosa, who joined their Republican peers last week in defeating an extension of unemployment benefits.



The dems own the House and Senate. Republicans can’t defeat anything. Nice spin.

Not quite since the Repubs have decided to filibusterer EVERYTHING , whatever , since they would rather see the country go down the river than to see Obama and his party succeed at anything.
It ain't "Mr Smith Goes to Washington"s filibuster anymore .


Yes, quite so. Republicans haven’t decided to filibusterer EVERYTHING as you say. This country is already going down the tubes with your president and the democrats policies. Your president, and the dems are a complete failure. You and cage can keep on spinning but your leader is incompetent.
Last edited by Jobe

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