Reason good economists are concerned or should be

WTH_Progs?

Diamond Member
Feb 19, 2019
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Remember 2020 everything was shut down? Sure you do, evidenced by the TV everywhere, you couldn't even go to a ball game, casino, almost everything shut down. Fuck you couldn't even have a funeral. Hands tied, enhanced paranoia suiting certain agendas. Society went into a cry simply because the orange-man spoke to an audience.

Wow and those dirty Democrats too releasing restrictions when there were twice the cases as a year earlier. Coincidence that happened AFTER the election? Write that one down as evidence 10.

Yet still we closed 2020 losing only about 3.8% GDP somehow, stock market up. You figure the money was changing hands by design? Darn right it was.

But here we are a year later after near everything is open and with great contributions to our GDP thanks to COVID. But by the time you calculate inflation and such where are we? Our GDP performance under Trump was 20th of 55 last qtr. of 2020, and 18th of 55 the first qtr. of 2021, and it's been all downhill since. Meanwhile I hear places like Germany are almost completely shut down, yet somehow they perform better than us, why?

And on top of that we have the GREAT RESIGNATION, we've literally been in training to quit working, too good for it, apparently. Millennials were just a pre-curser. Surely the Chinese will own that house you rent for 5K.
 
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From what I can tell, the Great Resignation isn't over, and the job numbers recently released were not good. I hafta wonder WTF is going on, wages are going up but people haven't gone back to work. Is it too easy to stay home now? I can't make any sense of it, but fewer employees does not help the economy grow, y'know? One good thing, it doesn't look like Biden's BBB Bill is going to be passed, ergo a little bit less inflation than it otherwise would've been. I think Schumer is going to force a vote on the filibuster, but Manchin and Sinema sure sound like no votes to me so the dems are fucked. What's funny is that I don't think they got the message even after the VA election where they got their asses kicked. I think another message is coming in November, we'll see if they change their agenda. Doubt it though, the Far Left are extremely determined and I don't see them going away anytime soon.
 
The Great Resignation is people quitting their jobs for better paying ones, dipshits.

Unemployment is so low that anyone who wants a job can have one.

It takes a real tard to spin that into something negative.
 
Many people who were eligible to retire and were working retired. We need them to stay retired. Many people quit to move onto better jobs. Workers have options now and that's a great thing. So there are positives.
 
What's going on is fairly simple to understand. After the 2008 crash Americans were told that the price of recovery was flat wages and high productivity. We bought that hook, line and sinker. People have been working themselves into a rut ever since. People are burned out, I know I am. I work for myself and my boss is still a slave driver.
 
OK, lotsa jobs available! So why then do we have ANY welfare for people who are not hurt/unable to work? I mean, they can just walk down the road and get a job, pay taxes like the rest of us, so why are we supporting them?

You can NOT have it both ways. Either there are tons of jobs and welfare except for special cases get thrown out the window, or there are no jobs. Personally, I think there are a ton of jobs, and anyone wanting to keep massive welfare going is a phony baloney. Make them work like the rest of us.
 
Millions of job openings gives a worker more leverage vs his or her employer. That's a good thing. Plus it enables workers to hop from one job to another several times. That's good for employers. It leads to high turnover which is what most employers want.
 
Millions of job openings gives a worker more leverage vs his or her employer. That's a good thing. Plus it enables workers to hop from one job to another several times. That's good for employers. It leads to high turnover which is what most employers want.

Too bad inflation is wiping out any measly gains that they might've made.
:hhello:
 
Plus it enables workers to hop from one job to another several times. That's good for employers. It leads to high turnover which is what most employers want.

I cannot imagine why you would think that. Most employers do NOT want high turnover cuz hiring and training people costs money and it's bad for business cuz you've always got newbies making more mistakes than an experienced person would. And job-hopping from one job to another isn't really good for either the employer or the employee; as an employer, if I have 2 resumes for a job and one of them is a job-hopper then all other things being equal I'm going to hire the other person. And that ain't so good for the job-hopper.
 
So you would not hire the worker that constantly is looking for a better higher paying job? Any worker worth a grain of salt is always ready to move on to a better job. The loyalty you desire has no part in our economy anymore. What kind of person isn't constantly looking for higher pay?
 
So you would not hire the worker that constantly is looking for a better higher paying job? Any worker worth a grain of salt is always ready to move on to a better job. The loyalty you desire has no part in our economy anymore. What kind of person isn't constantly looking for higher pay?

^^^^^^^
Free employment advice!
CAUTION: There's a reason it's free.
 
The Great Resignation is people quitting their jobs for better paying ones, dipshits.

Unemployment is so low that anyone who wants a job can have one.

It takes a real tard to spin that into something negative.

NOT TRUE "The Great Resignation is people quitting their jobs for better paying ones"
 
So you would not hire the worker that constantly is looking for a better higher paying job? Any worker worth a grain of salt is always ready to move on to a better job. The loyalty you desire has no part in our economy anymore. What kind of person isn't constantly looking for higher pay?

Damn, dude. This isn't about loyalty, employers will pay higher wages to keep those who are worth it. Of course everybody is looking for a bigger paycheck, but from what I've heard, wages are going up but many people still aren't working. They quit and so far haven't gone back to work. Why? Dunno. All I said was I would rather hire a person that isn't as likely to be gone next month for whatever reason. Loyalty is not an issue, stability is. Depending on the line of work and the business, there are constraints in some cases as to how much an employer can afford to pay in wages and benefits. I believe that most employers will pay more in wages to a steady, dependable person that does a good job vs paying less wages and having a revolving door of newbies coming and going. Contrary to what you said above, most employers do NOT want a high turnover in employees.
 
UE benefits ended. If one quits they cannot get them. And some are still whining yet. Maybe they no longer need to work. They have a spouse and decided they're doing ok. Or they had enough of their jobs. Whatever the case is some are still bitching about a few openings.
 
Employers aren't entitled to workers just let me employees aren't entitled to jobs. So if some people are now making it without having to work well Ithey have no duty to return to work for the good of the nation.
 
Employers aren't entitled to workers just let me employees aren't entitled to jobs. So if some people are now making it without having to work well Ithey have no duty to return to work for the good of the nation.

Remember that statement when you're paying chinese 5K rent, because you know, "it's good for the nation"
 
I'm not talking about the heroes who are part of the greatest military on earth. I'm speaking of the average worker. Do you believe they wake up every morning, endure the rat race, so that they can save the nation by working a job they despise? C'mon let's be real. People work for the paycheck as it's a means to an end. So if a few people quit, the nation isn't going to falter because of it. The vast majority are working, and working harder than ever.
 
Apparently the right wing's class war isn't going well. It seems all the heart felt orders commanding all these low life proles to work for nothing and put in 16 hour days 7 days a week for free so dividends for market gamblers and billionaires can rise a lot faster are falling on deaf ears.

I wish I could feel their pain but I died from being vaccinated so I can't.
 

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