L8erToots

I'm so tired of the bum rap our youth are getting today. I know of NO ONE over the age of 18 (and I know quite a few) that doesn't want a job or who wants to live at their parents house - they suffer through it because no one is willing to hire them because:
1. They don't have a degree, or
2. They don't have a minimum of 6 months experience in the job they are applying for, or
3. Companies can hire a foreign worker and pay them much less
Don't believe me? Here's an example from the attached article everyone should read:

"BuzzFeed News tells the story of Nicole Burt who "showed, trained, and g***med horses" as a teenager and applied for a job straight out of high school.
"But when Burt called to check on her application, she was told no jobs were available.
"'Basically we never hire US workers who are applying,' the farm’s director of human resources, LaTerri Williams, told the Department of Labor in a signed statement. 'I don’t conduct interviews or take their applications. Basically I just tell them we have no openings.'"

And there you have it folks - another Millennial destined to "live happily ever after in their mother's basement" because human resources personnel refuses to even interview them.
Blame the government, blame Obama, blame the youth for being lazy and feeling "entitled", but the t***h is, as my sister once pointed out: "There can be a thousand jobs out there that you're qualified for or can learn to do- but you can't put a gun to someone's head and force them to hire you". The "blame" rests squarely on every single company and every single person who works in human resources at that company- the ones who decide who gets interviewed and hired.

I really hope Trump becomes president and follows through with his plan to make Work Visas so expensive that companies will start hiring from our American pool of workers again - our teenagers, our minorities and our immigrants, so that they too can have the chance to rise in the ranks and live The American Dream - you know, like The Greatest Generation and us Baby Boomers had the chance to do.

But please, stop bashing our youth over something they can't control - they feel s**tty and inadequate enough as it is.

http://www.numbersusa.com/blog/dont-alert-press-bipartisan-agreement-immigration

karpenter Loc: Headin' Fer Da Hills !!

57 Worst College Majors

http://www.conservapedia.com/Worst_College_Majors

The worst college majors are fields of study that leave the student with relatively few job opportunities and often a distorted or ultra-liberal view of the world. Students incur an average debt in excess of $25,000 for attending college, and these college majors can leave such students without the ability to pay off their loans, which are typically not dischargeable in bankruptcy.

Adding insult to injury, many public colleges have begun charging students more if they decline one of the Worst College Majors, and study something of value instead.
http://usatoday30.usatoday.com/news/education/story/2012-04-24/differential-tuition-increase-major/54513940/1

Universities Have Become Degree Mills
Having A University Degree, Doesn't Automatically Make One Qualified To Do Anything At All
Just Look At That List

And Notice In The News For The Past 50yrs
How The Students Have Made Demands On What And How They Should Be Taught

MarvinSussman

The problem is austere conservative budgets. We have 70,000 bridges that need critical repair and Congress won't spend the money that would bring prosperity and almost eliminate unemployment. Penny wise, pound foolish.

karpenter Loc: Headin' Fer Da Hills !!

Austerity When It Actually Has To Happen
Will Make Your Head Spin
Americans Don't Know The Meaning Of Austere

Maybe A Lot People Need To Be Knocked Off Welfare And Disability
Eliminate Overlapping Federal Bureaucracies
Stop Financial Foreign Aid To Countries That Are Destroying Themselves
Universities Eliminating Useless Degrees In G****r, Ethnic And Social 'Sciences'

There's More Than $BILLIONS Right There

MarvinSussman

The facts are that inflation is nowhere in sight and millions of people have given up hope of finding a real job. The opportunity cost (labor-years of unemployment) X (output value per year) = trillions of dollars of infrastructure NOT produced since 2010: desalination plants, next-generation railways, etc.

Opportunity cost is not in your limited vocabulary.

karpenter Loc: Headin' Fer Da Hills !!

Maybe 'It's Time For A Change'
Hillary Has Sworn To Stay Obama's Failed Economic Course
That Her Husband Set In Motion With The Repeal Of The Glass/Steagall Act
Like Obama, She Swears To Constrict The Energy Sector Further
And Eliminate The Highest Paying Industrial Job In America...Coal Miner

'Since 2010',
That's When Harry Reid Started Tabling Every House Bill That Came Into The Senate
Democrats Don't Read Bills, Remember ??
They Have To Pass Them To Know What's In Them, Remember ??
Can't Pass Them To Know What's In Them When The Bills Are Tabled

And The National Debt Has More Than Doubled In The Last Seven Years
Obama Has Out-Spent All The Previous Presidents Back To Martin Van Buren COMBINED
'Austere Conservative Budgets' My Eye-Ball
Obama's Gotten Every Dime He Asked For
Apparently He Squandered It All On Something Other Than All Those 'Shovel-Ready' Infrastructure Jobs, Ya Reckon ??
And Where Is That $6 Billion Hillary Mis-Placed At The State Department ??

But That Is Beyond Your Limited Comprehension Faculties, Obviously...

MarvinSussman

Obama’s stimulus prevented Great Depression 2.0.

Obamacare was the stupid imitation of Romneycare by Sen. Baucus, a Republican idea straight from the Heritage people’s gift to the insurance industry.

The Clintons are BlueDogs, practically Republicans.

The f****l f**l industry is doomed. Solar and nuclear will soon be cheaper.

You had no reply for opportunity cost because there is none.

Deficits are due to low revenue due to low spending by austere budgets.

Discretionary spending by Obama is the lowest since Eisenhower thanks to austere budgets.

You lie! Obama did not get money for infrastructure.

The reason there were few shovel-ready projects is that Republicans shrunk the fedrill gummint so that Congress does not know the state of repair of any of the nation’s infrastructure. The President can’t be responsible for that knowledge in his first month in the Oval Office. .

karpenter Loc: Headin' Fer Da Hills !!

No, It Didn't
The Recession Was Over Before He Filled His Cabinet

It Was Repealed In Massachusetts
Can We Repeal It For The US Now ??

No They Aren't, But Maybe In Some L*****t Fantasy World...
In Reality, The Are Incorrigibly And Possibly Criminally Corrupt

Cheaper Than It Is Now, Maybe, But Still Won't Power An Industrial Society Of Over 320 Million
Have You Seen The Highly Touted Solar Farm In California Is Already A Failure ??
http://www.bloomberg.com/news/articles/2016-03-17/california-solar-farm-seeks-to-avoid-default-on-pg-e-contract
When Was The Last Nuclear Plant Built ?? Think The EPA Will Allow That ??
How About Hydro-Electric ?? Will Those Wreck The Surrounding Environment Too ??
Wind Farms Don't Produce Even 8% Of Their Rated Capacity
If They Weren't Heavily Subsidized They'd Be Sold To China For Scrap Metal

Obama Has Doubled The Debt Of Every Presidency Back To Martin Van Buren COMBINED
Lack Of Money To Squander Has Not Been His Problem

Deficits Are Due To Out Of Control Spending By This Administration That Doesn't Know What A Budget Is
Operated Without One For Years, And Our Bankruptcy Shows
The US Credit Worthiness Has Been Downgraded At Least Twice Since Obama Took Office
And We Are About To Lose Our Status As The World Trade Currency

Obama Has Squandered Over $8 Trillion Dollars With No Discernable Positive Results
The Economy Is Roaring Along At 0.5%

Obama Lied About 'Shovel Ready Jobs',
When He Had No Plan For Anything, As He Was Unprepared To Sit In The Oval Office
There Is ONE Shovel Ready Job That Has Been Around From Day One
It's Called The 'Keystone Pipeline', But He Doesn't Know or Care About Jobs

He Said He Had That Knowledge
But, Obama Has No Practical Knowledge Of Economics
No Knowledge Of Foreign Affairs, He's A Child On The World Stage
He Didn't Make His College Team, Not Even 'Junior Varsity'
His Golf Game Is Heavily Handicapped
And He Thought There Are 57 States

He's A Fraud, An Empty Chair, A Failure Through-&-Through
And Now He Has A Record Of Professional Failure And Incompetence To Prove It

Which Record Of Proven Failure And Incompetence Are You Going To V**e For Next ??
Hillary ?? Or Sanders ??

This Really Is Over Your Limited Comprehension Faulties, Marv...

MarvinSussman

The unemployment rate was over 8% in 2010. There are still 20 million people who have given up looking for work.

Replace Obamacare with Medicare for all.

Clinton joining with Phil Gramm to k**l Glass-Steagall and other controls over Wall Street is about as Republican as you can get.

And Whitewater was a crime that prosecutor Starr could not find. And Governor Clinton was running a drug business. And Vince Foster was shot by Hilary. And Hilary ordered the Army not to rescue people at B******i and they naturally obeyed because the military always obeys the Secretary of State. Etc., etc.

We haven’t even begun to harvest the photo-electric energy available in sunlight.

Self-driving cars will reduce auto population and production and energy use by 90%.

Hyperloop trains will destroy long-haul trucking. The cost of highway maintenance will be cut to a fraction. We are a generation away from the end of coal and coughing.

Thorium will bring a rebirth of safe nuclear energy.

As the need for energy declines, wind will provide a larger portion of the need.

Tidal and wave and thermal-electric energy is just beginning to be examined.

Like a coward with a poor memory, you are repeating the debt canard without answering for low tax revenue because you can’t. Almost all the spending is MANDATORY SPENDING, NOT DISCRETIONARY. Borrow a dictionary.

Responsibility for the economy belongs to Congress, which controls spending, which controls the economy, stupid! The President has NO responsibility for the economy unless he agrees with Congress. Blame Boehner and McConnell.

Obama's stimulus was designed by Republican Senator Olympia Snowe with 40% as tax cuts for fully employed workers who used it to pay down debt instead of spending it. But it was still a success: http://www.pitbulleconomics.com/stimulus.pdf

You lie! You can’t quote Obama saying he knew how many shovel-ready jobs there were.

Anyway, the whole idea of a stimulus was not infrastructure. It was getting money into circulation as fast as possible. It should have consisted of giving money to the unemployed who would spend it immediately.

Every condominium board in the USA has a list of projects with estimated costs, available contractors, reserve funds, zoning approvals, etc. Once we had an active Civil Service. But, since Reagan, budget-cutters have reduced the federal government to bathtub size so it can be drowned.

Outside of the DOD, we have no national registry of all the items of infrastructure in the US with state of maintenance, estimated costs, environmental impact statements, approved contractors, costs, schedules, etc., etc. Nothing is “shovel-ready” to stimulate the economy. Thanks, conservatives!

Why don’t we have an army of bureaucrats working on contracts TODAY for the 70,000 bridge that need critical repairs? Republicans fired them. Penny wise, pound foolish. Under Obama, discretionary spending is the lowest since Eisenhower. Thanks to austerity! Spending is what we needed.

The Keystone Pipeline would require eminent domain that nobody wants and would bring 100 permanent jobs and a million lung problems.

You haven’t got half of Obama’s IQ.

Obama said he had responsibility for 57 states and territories. You have a hearing problem.

He made mistakes, like Obamacare instead of Medicare for children and not ending the Drug War and sending 30K troops to Afghanistan and deposing Kaddafi and the BS Commission to reduce the deficit and trying to get rid of Assad and a few more. But you didn’t catch those real mistakes because of your low IQ.

Try again.

karpenter Loc: Headin' Fer Da Hills !!

No, He Said 57 States

The Rest Of Your Screed As Usual, Is Speculative Opinion
Not Based In Verifiable Reality, But Lack Of Any Economic Understanding
Due To Your Limited Comprehension Faculties
Low Education Level, Lack of Common Sense
And Even Lower Intelligence

Unless, Of Course, You Have Verifiable Credible Sources
You Can Competently Post Links To Resources, Right ??

boatbob2

Hi,I have a PHD,and 3 master degrees,And My IQ is 156,I seriously DOUBT if obozos IQ is more than 120....

MarvinSussman

No He said "and territories". Get a hearing aid.

Quote my opinions rather than my facts. You cannot!

Sources for what facts? Try google, Wikipedia, etc, when in doubt

About economic understanding, find a false statement among the following: (and review my sources)

We hold these t***hs to be self-evident:

1. During World War II, Americans working double shifts and weekends bought “War Bonds”. At peace, they cashed in their bonds for cars and homes, finally getting the prosperity that enough government spending could have given them a decade earlier, when Hitler’s spending gave Germans prosperity and made him popular and powerful.
2. Nobody would avoid a tax hike by refusing a salary boost but, to avoid a tax hike, this Congress refuses to boost our infrastructure! In our past, Congressional spending gave us electrified farms, t***sistors, integrated circuits, computers, the internet, robots, jet planes, rocket ships, solar and wind energy, LCD and touch-screens, the mouse, SIRI, search algorithms, GPS, genomics, nanotechnology, and our pharmaceutical industry!
3. Our GDP grows approximately $2 for each Congressional $1 that is spent again and again until it is either taxed, saved, or exported. Our Debt/GDP ratio dropped from 120% in 1944 to 30% during 35 prosperous years due to moderate inflation and heavy spending on veteran housing and education, the Marshall Plan, nuclear energy, Korea, Cold War rearmament, the Interstate Highway, Man-on-the-Moon, Vietnam, and more.
4. Taxpayers do not provide money for Congress to spend! It is Congress’ spending that provides money for tax payments. Proof? If the IRS stopped taxing, Congress could continue spending until harmful inflation ensued but if Congress stopped all spending, deflation would stop tax collection as virtually all incomes would drop below tax liability.
5. Congress gives us infrastructure, cash to pay our taxes, savings, and Asian bargains! Currently, almost 90% of spending yields tax revenue. The deficit is saved or exported.
6. Deficit spending provides private savings and replaces dollars exported by trade deficits. A law requiring balanced budgets would cause an economic disaster: deflation!
7. More deficit spending by Congress would give taxpayers more after-tax savings.
8. High federal spending with sufficiently high tax revenue will produce lower budget deficits than low spending with low tax revenue. And produce added infrastructure!
9. As long as our GDP growth rate exceeds the federal debt’s interest rate, our debt can grow indefinitely and safely since the Debt/GDP ratio will remain or descend below 100%. (Check out the math: http://www.levyinstitute.org/publications/?docid=1379.)
10. The Fed’s purchase of US debt cuts debt interest rates by bidding up prices. It also effectively reduces the debt and debt interest expense because the Fed gets the interest and principal at maturity but must return 94% of its annual profit to the Treasury.
11. Our proper budget goal: Deficit = Private Savings +Trade Deficit. More spending would increase inflation; less spending would increase deflation and unemployment. So, spending should be limited only by the onset of harmful inflation when it is controlled by the Fed with moderate long-term interest rates and by Congress with adequate progressive taxes on discretionary incomes, financial t***sactions, and estates.
12. The US dollar’s reserve currency status favors US consumers, traders, etc., and requires that we maintain a large national debt, much of it held in foreign nations.
13. Foreign exporters will either accept our dollars and bonds or stop selling us goods.
14. Increased output for the same input is anti-inflationary so inflation is not increased when Congress hires the unemployed to gain infrastructure and productivity. The stuff that the unemployed now get with stamps would instead be bought with their salaries, ending the humiliations of the idle poor and the resentments of the working poor.
15. As long as excessive unemployment exists, excessive federal deficits are due only to low tax revenue, not to spending that hires the unemployed to build infrastructure.
16. Excessive unemployment is due only to Congress’ refusal to build infrastructure.

The above statements are based on works provided by these writers and their publishers:

J. D. Alt, Writer, Architect (Amazon).
Mark Blyth, Brown University Professor of International Political Economy (Oxford University Press).
Francis X. Cavanaugh, US Treasury economist for over 30 years (Harvard Business School Press).
Dr. Stephanie Kelton, Chairperson, UMKC Economics Department (NewEconomicPerspectives.org).
Warren Mosler, economist (Oxford University Press).
Frank N. Newman, former Deputy Secretary of the US Treasury (Two Harbors Press).
Professor L. Randall Wray, UMKC Economics Department (Palgrave Macmillan).

“”””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””””
Wars are won with infrastructure so our needs are unlimited but we should now be building enough to stay well ahead of a China gearing up 24/7. Since a pot-hole could delay a vital delivery, all infrastructure is necessary for defense. Since Congress is responsible for defense, it should pay for all infrastructure, including all pot-holes; roads and streets; childcare and pre-K to PhD education; healthcare; fire/police emergency; all absolutely necessary for defense. State and local governments would manage most infrastructure, coordinating construction planning and funding with the Administration. Members of
Congress who refuse to hire the unemployed to build infrastructure for defense are endangering our existence as a free nation as well as betraying the wish of our Founding Fathers that we “…promote the general Welfare and secure the Ble ssings of Liberty to ourselves and to POSTERITY…”, dependent upon infrastructure! V**ers, give your adorable grandchildren the arsenal they will need for survival!

© 2016 Marvin Sussman, All Rights Reserved.