AP: Old people "are stealing jobs from young people."

once again your treating my links like an obamacare legislation....

Perhaps you should read the article first....

 

So what is your point about it?

 

Actually, it may have more to do with right giving the wealthiest a free pass when it comes to multimillion dollar bonuses with the Peoples' tax monies, but the opposite concerning the least wealthy on public assistance.

 

obama's fundamental transformation of America will reduce everyone into poverty to eliminate income inequality.

Once we are all slaves, everyone will be equal in the eyes of the left handed.

 

I believe we only should solve for official poverty, the simpler the better.

 

You can't have exports without imports...how many one-way trade deals can you list?

We, the US, want to sell our goods in your country, but you are not allowed to sell your goods in our country...

 

You know the answer to that.

Enforce our immigration laws and deport the estimated 20-25 million illegal aliens.

Then there will be plenty of jobs for Americans.

 

Why not generate revenue from foreign labor and ensure Commerce is legal and well regulated in State markets; aren't you for Commerce instead of merely the coercive use of force of the State?

 

Could be. Doesn't change the fact though.

 

Ween the unemployed Obama voters to the jobs once held by illegal aliens.

 

Nicely stated...

Regarding export growth, each $1 trillion of GDP equates to about 10 million US jobs ($100K each), so in terms of getting the unemployment rate down to 4-5%, we only need to grow GDP by $1 to $1.5 trillion. In parallel to creating 15 million new jobs, the income from these jobs will be spent into our economy thereby increasing the personal consumption side of GDP.

Again, the US has 300 million consumers while the world has 7 billion consumers. It's amazing all that we have accomplished in the US in terms of our economy so imagine what we can do if we service the world markets with US labor?

You are correct about China being dependent on the US with their exports and they would be stupid to do something political with the US debt they hold, but then again, politicians are known to do stupid things...

 

Could be. Doesn't change the fact though.

 

I wonder if anyone actually read the article since it clearly says "assertion that has been accepted by the unemployed". Why would anyone care about unsubstantiated assertions?

 

What "fact" are you referring to?

 

The fact that there are 11 million unemployed people and less than 4 million jobs available. And thus millions who still need assistance until the job situation is better.

 

It seems kind of stupid if a person is located in Mayberry RFD, and they want to work, but they cannot find a job, therefore they are considered unemployed. How many of our unemployed live outside of the major employment centers...this would be interesting to know?

And surely all of those open jobs that require specific skills/education, of which the general US population cannot provide, will eventually be filled by green-card workers from outside of the USA.

 

Are you talking about TARP or the ARA? The ARA is what is referred to as the stimulus. When you look at when it was spent opposed to when it was past it had no effect on the recession and labor force was higher before then after. Sorry your plan of outright corruption didnt work.

Do t you wish you had something to point to justify the expense? Meanwhile, for profit businesses are being lavished with cash money for being loyal to the left. Crony capitalists are the worst, but that is the Chicago way.

 

Why is that stupid?

That seems like a highly dubious claim to me.

 

Does it really matter with Any natural rate of unemployment, even if everyone has a PH.D.?

 

There will be more than enough jobs available once the illegal aliens are gone.

 

How much is that going to cost? We already have examples of other wars on other abstractions.

 

Those that use quotations out of context are some of the most dishonest of all people.

The truth according to the AP:

http://abcnews.go.com/Politics/wireStory/surge-older-workers-jobs-young-21411801

On the otherhand there is a very limited factual basis for it. Older workers that have had their careers end because of the Recession have often been required to change careers so they are employed as entry level workers in their new career. This does take away jobs from younger workers that have traditionally filled these entry level positions. These older workers are not making a lateral move professionally but instead often going from an "experienced" level in their prior career to an "entry" level in their new career as they have no prior experience in it. Of course with this change they also suffer significant reductions in income often by as much as 50% or more of what they previously earned.

There is a fundamental flaw in the arguments of why older workers don't reduce employment for younger workers though in the argument:

Yes, that was true when women entered the workforce because the income they earned expanded consumption which expanded the economy. The problem today is that the increases in wealth production (GDP) are not fueling consumption as 95% of the income from the growth in the GDP is going to the top 1% of income earners that don't increase consumption based upon an increase in income. They already have more income than what they spend on consumption so increased income does not result in additional consumption.

Only if economic expansion results in increased consumption does it fuel more economic expansion. When the workforce actually loses income, which is what has happened since 2008, then it depresses economic growth. The bottom 93% of income earners have lost about 4% of their income since 2009 and, because they spend almost all of their income on consumption, the actual consumption per person is going down unlike when women entered the workforce and their income was spent on consumption.

 

If you look into it, youll find thats pretty much the case....

Chinese goods enter America tariff free, but our goods exported to China are taxed via tariffs.

Its only free trade with China, not the other way around.

Its all part of the democrat plan to tie our economy with chinas to prevent a war.

 

I'm sure the left will make it cost as much as possible.

But it's the right thing to do.

 

A better thing to do is to simply bear true witness to our own laws, simply for the sake morals, not to mention a McCarthy era phrase in our pledge.