Toronado3800
Gold Member
- Nov 15, 2009
- 7,608
- 560
- 140
Here are a couple links.
Bloomberg - Are you a robot?
Analysis | Kevin McCarthy claims that the labor participation rate is ‘going back up’ under Trump
So if I understand right this means the writers believe darned near everyone who wants a job has a job? That's the case with folks I know, there are a few failure to launch individuals sucking off their parents and there are quite a few folks who are underemployed but generally everyone has at least a McJob.
We can argue if that is true.
We can also argue what to do to make Americans more productive. Or even what that means, I keep reading about the hand holding of higher wages and inflation but I figure that's a problem we can live with as long as folks have better jobs.
IF it is true that we are at near full employment it means a couple things to me:
1-We need to aim to do better with our jobs than just working to ship Chinese goods from one side of the country to another or flip burgers.
2-A bit higher birth rate (to slow?) or more immigration would not hurt. Ten years ago I learned how much of our economy was tied to property values and we have empty decaying houses all over creation. My half empty glass tells me racism and justified fear of crime are what maintain property values in our suburbs.
What are your takes and take aways?
Bloomberg - Are you a robot?
Analysis | Kevin McCarthy claims that the labor participation rate is ‘going back up’ under Trump
So if I understand right this means the writers believe darned near everyone who wants a job has a job? That's the case with folks I know, there are a few failure to launch individuals sucking off their parents and there are quite a few folks who are underemployed but generally everyone has at least a McJob.
We can argue if that is true.
We can also argue what to do to make Americans more productive. Or even what that means, I keep reading about the hand holding of higher wages and inflation but I figure that's a problem we can live with as long as folks have better jobs.
IF it is true that we are at near full employment it means a couple things to me:
1-We need to aim to do better with our jobs than just working to ship Chinese goods from one side of the country to another or flip burgers.
2-A bit higher birth rate (to slow?) or more immigration would not hurt. Ten years ago I learned how much of our economy was tied to property values and we have empty decaying houses all over creation. My half empty glass tells me racism and justified fear of crime are what maintain property values in our suburbs.
What are your takes and take aways?