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Old 11-19-2017, 11:23 AM
 
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Tax reform is going to pass. It already passed the house of representatives. Why wouldn't it pass? -
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Old 11-19-2017, 11:26 AM
 
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Originally Posted by pvande55 View Post
One reason the unemployment rate is so low is because the workforce is older. Many, upon getting laid off, choose to retire instead of looking for a job. And, of course, you're not counted as unemployed unless you're looking.

No the workforce is much younger on average than even 10 years ago. People in their 20s and 30s have never done as well as currently in terms of employment.
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Old 11-19-2017, 11:27 AM
 
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Originally Posted by NickL28 View Post
Tax reform is going to pass. It already passed the house of representatives. Why wouldn't it pass? -
The same scenario happened with one of the health care bills and look what happened there.
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Old 11-19-2017, 11:32 AM
 
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Originally Posted by Good4Nothin View Post
I agree companies like Amazon are doing great. Lots of regular stores are closing, as people increasingly shop online.

And the nature of technology is that it keeps on evolving, there are continually new ideas.

Not that it helps the average American any, especially if they don't own a lot of stocks.

But in order for stocks to keep going up, there have to be lots of customers, so there has to be a relatively healthy middle class. I don't know if there is, or will be for long.

This economy is great for certain types of engineers. I have known 25-year-old computer programmers making over $100k.

But you have to be in the right field, at the right time, to get these jobs. Since technology keeps changing, you can't predict exactly what skills are going to pay well.
You also have to be of certain intelligence and aptitude. Despite what former president Barack Obama or Hillary Clinton think you can't just put every public school kid into an expensive STEM program and expect all of them to graduate from such programs
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Old 11-19-2017, 11:33 AM
 
8,226 posts, read 3,422,044 times
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Originally Posted by NickL28 View Post
No the workforce is much younger on average than even 10 years ago. People in their 20s and 30s have never done as well as currently in terms of employment.
Maybe that's because a lot of them have 2 or 3 part-time jobs, and each one is counted as a job.
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Old 11-19-2017, 11:36 AM
 
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Originally Posted by NickL28 View Post
You also have to be of certain intelligence and aptitude. Despite what former president Barack Obama or Hillary Clinton think you can't just put every public school kid into an expensive STEM program and expect all of them to graduate from such programs
I don't know if it's aptitude or inclination. You have to care enough about math to work hard at it.

But I agree it makes no sense for everyone to go to college, especially considering what it costs now. You can pay $100k for a liberal arts degree and get a job at Starbucks, or you can go to vocational school and get valuable skills.
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Old 11-19-2017, 12:29 PM
 
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Originally Posted by Good4Nothin View Post
Maybe that's because a lot of them have 2 or 3 part-time jobs, and each one is counted as a job.

Really?? Doesn't seem that way at all in Boston MA or the NYC area. Typically those who take 2 or 3 part time jobs are people who spent 20 years in prison and can't get a white collar job for obvious reasons
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Old 11-19-2017, 01:07 PM
 
Location: Sputnik Planitia
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Originally Posted by NickL28 View Post
Tax reform is going to pass. It already passed the house of representatives. Why wouldn't it pass? -
They can lose at most 2 GOP senators, there are already 2 who say they are not going to support it and more are undecided. In addition to avoid a filibuster they need 10 Democrat votes which is impossible for the current version of the bill.

An alternate version may pass but it will no include Obamacare mandate penalty repeal and Wall St will not be pleased with a severely watered down version that does not enrich the fat cats.
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Old 11-19-2017, 03:01 PM
 
37,315 posts, read 59,869,570 times
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Originally Posted by NickL28 View Post
Tax reform is going to pass. It already passed the house of representatives. Why wouldn't it pass? -
Just my $.02--
Your comment shows that you don't understand how the election process actually occurs and differs between Congressional seats and Senate seats

1--Congressional districts are not always representative of the entire state which elects a Senatorial candidate-

Sometimes they reflect the average tendencies/attitudes very closely and sometimes they conflict--

As in Austin Tx in Texas--my home state--there are many more liberals voting in that area than conservatives although TX is a strong conservative state and did go for Trump...
BUT the GOP legislature in TX has made a point of trying to gerrymander certain districts to oust Democratic Congressional and state legislators to help raise number of GOP members in Congress and in the state legislature....There have been lawsuits which challenge the gerrymandering aspects of redistricting in Texas as well as other states--one has already made it all the way up the judicial food chain to the Supreme Court--

One reason McConnel and the GOP Congress refused to even entertain the possibility of seating Obama's recommendation and stalled until after the election when Trump nominated Gorsuch--and when McConnell also said they would do the same thing (stall) if Clinton was elected---says to have a conservative tilt to the Court for cases like gerrymandering...
Wisconsin is another state where the balance of registered Democratic and Republican voters skews Democratic but the voting results in past election cycles have allowed Republicans/GOP to secure a majority in the state legislature as well as elect GOP Congress reps--an outsized proportion of GOP elected when more Democratic votes were cast over all in the state--
That is unfair distribution at work--gerrymandering in a major way...

2--Senators know they have to be elected by a MAJORITY within their state--they can't count on the fewer numbers within a special carved-out district like a Congressional candidate can...

3--Making voters angry is one way to ensure they show up to vote
Check the last election in North Carolina and other states where Democrats seemed to pull upsets because voters mobilized to secure races in certain unexpected areas...OK being one of them...

4--as others have pointed out there is a much finer balance in the Senate to require a passing vote
GOP lost the health care bill in the Senate because of the refusal to compromise within their own party and because they tried to strong arm their own party members...
And because Democrates knew a pig when they saw one

5--the longer this bill is analyzed the more the dirty laundry will be hung out to dry
How many voters do you think have children with college debt they are trying to pay off and need that deduction---how many voters do you think have children or grand children going to college and getting a rebate from their tuition by working as grad assistants for a low stipend???
How many voters do you think have assets that fall far below 11 million dollars which is the current level the estate tax is set at????
California is a huge state--three million voters were the excess voting for Clinton over Trump but ALL Californians--Republican and Democrats--pay a state income tax as do those in New Jersey, New York, and some other states...
Do you think they are going to want to be double taxed???
Maybe the wealthy will see it as a trade off to get rid of the estate tax--
Maybe they have the option to buy house/rent apartment in non-income tax state and declare themselves a resident there even if they aren't living there more than 3 days a year---after all it worked for Steve Bannon with his Florida house...

No double tax on state income tax is one of the oldest, more respected deductions in income tax law...
So I think that idea is one that most residents of those states--and even CA has Congressional districts that are GOP filled--so they should pay attention to that being a stupid idea

The idea that any company is actually paying the highest Federal income tax is as dumb as the idea Trump and his family won't make out like gangbusters from this tax bill if enacted...
Everyone of his Cabinet members except Sec of Defense Mattis stands to reap a HUGE benefit from doing away with the estate tax....
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Old 11-19-2017, 03:09 PM
 
37,315 posts, read 59,869,570 times
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Originally Posted by Good4Nothin View Post
I don't know if it's aptitude or inclination. You have to care enough about math to work hard at it.

But I agree it makes no sense for everyone to go to college, especially considering what it costs now. You can pay $100k for a liberal arts degree and get a job at Starbucks, or you can go to vocational school and get valuable skills.
As a retired teacher, I agree not everyone is getting good value from a college education
My son has a MA in creative writing and works for company doing educational software and training materials but I think if he had gotten an MA with a tilt to what he is doing now he would have made much faster upward progress--
And in my former district many of our students who didn't want college went into our vocational/trade classes--
Cosmetology, auto mechanics, something with computers--that came about time I retired--
There were restaurant/culinary classes that many students w/learning disabilities could handle and wanted to attend so they could come out with some proof they could be a decent worker and get a job

Plumbers and electricians and anyone who can work with computer/internet systems can certainly make a good living and even build their own business...
Construction trades, pool builders, roofers---you might BENEFIT from certain college courses but you can learn on the job (In TX builders are not required to be licensed--go figure--but electricians are)...

And way too many people are seduced by the social life and football programs of too many colleges--pay too much for a degree that would be less expensive at smaller, quality college...
But some people don't really put pencil to paper to validate all the propaganda about colleges....
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