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Joblessness hits 44 year low. Bad news for Democrats... What will they do?
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Jun 15, 2018 05:56:52   #
Super Dave Loc: Realville, USA
 
https://www.cnbc.com/2018/06/14/us-weekly-jobless-claims-june-9-2018.html

Democrats need a highly unemployed underclass to survive. That's pretty obvious. They always run on unemployment, never on employment.

Can Democrats undo the progress and increase unemployment before the election? How?

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Jun 15, 2018 07:12:21   #
Big Kahuna
 
Super Dave wrote:
https://www.cnbc.com/2018/06/14/us-weekly-jobless-claims-june-9-2018.html

Democrats need a highly unemployed underclass to survive. That's pretty obvious. They always run on unemployment, never on employment.

Can Democrats undo the progress and increase unemployment before the election? How?


George Soros, Mark Zuckerberg, George Clowney, Jane Fonda and Robert DeNiro and most of Hollyweird will come to the rescue and offer working demonrats more money to stay unemployed and drive up the unemployment numbers. Then they will blame the high unemployment on Trump and the corrupt media will progagandize the word to the demonratic sheepie who will buy the line hook, line, and sinker. The leftists on this site will follow the party line and be led like sheep to the demonratic slaughter.

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Jun 15, 2018 07:35:10   #
buffalo Loc: Texas
 
Super Dave wrote:
https://www.cnbc.com/2018/06/14/us-weekly-jobless-claims-june-9-2018.html

Democrats need a highly unemployed underclass to survive. That's pretty obvious. They always run on unemployment, never on employment.

Can Democrats undo the progress and increase unemployment before the election? How?


Then why aren't wages rising for the average worker?

From May 2017 to May 2018, real average hourly earnings decreased 0.1 percent, seasonally adjusted.
The decrease in real average hourly earnings combined with a 0.6-percent increase in the average
workweek resulted in a 0.5-percent increase in real average weekly earnings over this period.

A few maybe EARNING more due to longer hours but WAGES are not increasing.

People are still dropping out of the labor market which makes the numbers look better.

http://www.bls.gov/news.release/pdf/realer.pdf

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Jun 15, 2018 08:17:53   #
valkyrierider Loc: "Land of Trump"
 
buffalo wrote:
Then why aren't wages rising for the average worker?

From May 2017 to May 2018, real average hourly earnings decreased 0.1 percent, seasonally adjusted.
The decrease in real average hourly earnings combined with a 0.6-percent increase in the average
workweek resulted in a 0.5-percent increase in real average weekly earnings over this period.

A few maybe EARNING more due to longer hours but WAGES are not increasing.

People are still dropping out of the labor market which makes the numbers look better.

http://www.bls.gov/news.release/pdf/realer.pdf
Then why aren't wages rising for the average worke... (show quote)


Don't you understand that if wages increase then goods and services increase so that the democrats can get their share of the pay raises. All the local governments will raise property taxes ect: Then the pay raise is fricking gone and then they have to raise wages again and the cycle starts over. If wages stay where they are then people do prosper better than if the wages go up. It causes the economy to stabilize. More jobs puts more people to work and if they want a higher paying job then move up in the workforce. Low paying jobs are worker entry jobs and should give the worker the incentive to move to a better job so that a new worker can enter the workforce. If your first job is 15 bucks an hour, you probably won't move any higher on the food chain. That is just human nature for the most of the people. They do not have the drive to go any further in life.

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Jun 15, 2018 08:22:10   #
lpnmajor Loc: Arkansas
 
Super Dave wrote:
https://www.cnbc.com/2018/06/14/us-weekly-jobless-claims-june-9-2018.html

Democrats need a highly unemployed underclass to survive. That's pretty obvious. They always run on unemployment, never on employment.

Can Democrats undo the progress and increase unemployment before the election? How?


One thing was Trump was 100% correct about..........................the Government jobs numbers are totally bogus.

Reply
Jun 15, 2018 08:30:48   #
Mike Easterday
 
Not to mention when minimum wage goes up it puts those workers in a higher tax bracket.

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Jun 15, 2018 08:39:50   #
working class stiff Loc: N. Carolina
 
Super Dave wrote:
https://www.cnbc.com/2018/06/14/us-weekly-jobless-claims-june-9-2018.html

Democrats need a highly unemployed underclass to survive. That's pretty obvious. They always run on unemployment, never on employment.

Can Democrats undo the progress and increase unemployment before the election? How?



How about you go back to using the same metric you used to measure the Obama administration. During that time you cried 'fake numbers' whenever the unemployment rate went down. Labor force participation rate...that was the true number. Let's stick to that, shall we? Or do you want to be a hypocrite?

http://fred.stlouisfed.org/series/CIVPART

Looks about the same as when the President took office. So either Obama handed off a really good economy or you are blowing smoke.


Reply
 
 
Jun 15, 2018 08:58:26   #
old marine Loc: America home of the brave
 
Mike Easterday wrote:
Not to mention when minimum wage goes up it puts those workers in a higher tax bracket.


It is a "damn if you do and damn if you don't situation."

When wages raise so does the costs of living.

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Jun 15, 2018 09:15:26   #
working class stiff Loc: N. Carolina
 
old marine wrote:
It is a "damn if you do and damn if you don't situation."

When wages raise so does the costs of living.


That isn't a problem because labor's share of the economy is going down and has been for decades. Real wage are stuck in the 1970's while corporate profits and white collar compensation has been ballooning.
Most folks I know will gladly accept a higher tax bracket if it mean their income is going up. Fat chance of that happening, though.

http://fred.stlouisfed.org/series/LABSHPUSA156NRUG

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Jun 15, 2018 09:33:30   #
buffalo Loc: Texas
 
valkyrierider wrote:
Don't you understand that if wages increase then goods and services increase so that the democrats can get their share of the pay raises. All the local governments will raise property taxes ect: Then the pay raise is fricking gone and then they have to raise wages again and the cycle starts over. If wages stay where they are then people do prosper better than if the wages go up. It causes the economy to stabilize. More jobs puts more people to work and if they want a higher paying job then move up in the workforce. Low paying jobs are worker entry jobs and should give the worker the incentive to move to a better job so that a new worker can enter the workforce. If your first job is 15 bucks an hour, you probably won't move any higher on the food chain. That is just human nature for the most of the people. They do not have the drive to go any further in life.
Don't you understand that if wages increase then g... (show quote)


Might want to get the bugs out of your teeth, there. By your ill-informed reasoning then the cost of goods and services should go down if wages decrease, which wages have for 40 years and the cost of goods and services continued to climp right along with corporate profits and executive pay. Why don't property taxes go down? They NEVER do. Stagnant wages are why the middle class is disappearing and the working poor class is growing.

Corporate profits and executive wages have soared over the last 30 years, wages have been stagnant. The economy will always be booming for the wealthy 10%. Trickle down is a MYTH!

Here educate yourself about wages and the economy and then get back to me:

http://www.epi.org/publication/charting-wage-stagnation/

Reply
Jun 15, 2018 09:41:15   #
Super Dave Loc: Realville, USA
 
buffalo wrote:
Then why aren't wages rising for the average worker?

From May 2017 to May 2018, real average hourly earnings decreased 0.1 percent, seasonally adjusted.
The decrease in real average hourly earnings combined with a 0.6-percent increase in the average
workweek resulted in a 0.5-percent increase in real average weekly earnings over this period.

A few maybe EARNING more due to longer hours but WAGES are not increasing.

People are still dropping out of the labor market which makes the numbers look better.

http://www.bls.gov/news.release/pdf/realer.pdf
Then why aren't wages rising for the average worke... (show quote)
You can't expect after 8 years of the worst recivery in 1/2 century to have America brought completely back to greatness in 1-1/2 years.

Give it time....

But in the meantime Democrats can keep looking for the worst and hope it's enough to get them more power.

Reply
 
 
Jun 15, 2018 09:42:59   #
Super Dave Loc: Realville, USA
 
Mike Easterday wrote:
Not to mention when minimum wage goes up it puts those workers in a higher tax bracket.
Worse than that it increases costs on goods making fixed income and food stamps buy less.

Reply
Jun 15, 2018 09:58:39   #
buffalo Loc: Texas
 
Super Dave wrote:
You can't expect after 8 years of the worst recivery in 1/2 century to have America brought completely back to greatness in 1-1/2 years.

Give it time....

But in the meantime Democrats can keep looking for the worst and hope it's enough to get them more power.


In the meantime, corporate profits continue to soar, executive pay and bonuses rise, stock buy backs grow, all of which continues to enrich the wealthy 10% as wages of the working class continue to stagnate and the bottom 50% is just told they should be optimistic and wait for the crumbs to trickle down, right?

I don't see much difference in the plight of the working class whether the left arm (dems) or the right arm (repubs) are in "power" while the middle class continues to shrink and the ranks of the poor continue to swell.

Really, Dave? They been waiting for 40 years. Trickle down is a bad joke played by the wealthy.

Reply
Jun 15, 2018 10:14:43   #
Coos Bay Tom Loc: coos bay oregon
 
The economy seems to be going good depending on where you live. We really need to address the shortage of affordable housing. It is a real struggle and a major drawback to prosperity.

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Jun 15, 2018 12:54:53   #
archie bunker Loc: Texas
 
Coos Bay Tom wrote:
The economy seems to be going good depending on where you live. We really need to address the shortage of affordable housing. It is a real struggle and a major drawback to prosperity.


Child care is another one since women now have shoes, and attitudes.

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