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It says a lot that the extra $300 in unemployment is being cut off in many states to encourage people back to work. They don't want those small businesses to close...not because they care about small biz.....but because smaller biz owners make up a decent block of tax revenue. Big corps don't pay taxes because we've decided they shouldn't have to but regular workers and smaller biz owners have to make up that shortfall.
Americans, especially those of a certain age and older, have been brainwashed into accepting that corporations are allowed to cut corners and cheat but somehow become self-righteous when regular citizens find and exploit shortcuts.
They complain about "lazy, entitled people" living off THEIR hard-earned tax money but have no problem with a billion dollar entity paying less in taxes than Joe The Plumber. Mainstream media (FOX, MSNBC, CNN etc) is called "programming" for a reason. It's ok for a President to avoid paying taxes but not OK for a 25-year old to stay on unemployment.
I don’t see why corporations should pay any tax at all. They are providing jobs and the wages are being taxed to hell. They are already doing their part by providing goods and services and are already raped with excise taxes, property taxes, contributions to social security, health plans, sales taxes, it never ends. Corporations should not be subject to income tax at all.
This time, those businesses are also competing with the Federal Government and some State Governments who continue to pay people not to work.
My guess is that this is about 30% of the problem. From my workplace's experience, it's a somewhat more simple problem of people just don't WANT the jobs???
Even with the $300 bump, u/e is not more than what they would make working, it's probably 20-40% less in most cases especially now that we've raised wages... in my area the effective minimum wage pre-pandemic was about $12, it's now more like 15-16.50, a 30% increase. There's no way if you were working a $12-13 job or jobs before, you're making MORE with u/e unless you are defrauding u/e.
That tells me the pandemic has caused people to value their time differently than before. Some people have straight up told me that someone they knew dying of covid caused them to re-evaluate whether they wanted or needed to work full time jobs, particularly the job they were working.
I think the current end date of August-September is reasonable; in 2021-22 we should start up schools normally, vaccinations should be in the 60%-ish range, it's time to move on from the pandemic and end these emergency supports. A few good things have come out of it... we'll use the internet a little more to its full ability and the child tax credit payments I think will be institutionalized. From talking to a few employees with kids that really is going to make all the difference because now they can actually afford daycare. If we can get universal pre-k, expanded headstart, too... that will pretty much resolve the child-care problem except for the shouting.
Delta variant is only a threat to the unvaccinated, so I don't think that'll be an issue. The main question left is whether we need booster shots by Fall-Winter.
Something else I think people are taking for granted is how rude the pandemic made people, how much on a short string people's tempers are. I've noticed this first-hand at restaurants - people are meaner. They come in pissed off having to wait, are pissy the whole time, and they don't tip well. If I were looking for work now I'd probably avoid customer service unless I had no other choice... and there ARE choices.
Quote:
There. It finally happened. You and I agree on something related to economics & the economy.
Just funnel all immigrants through a tent upon entry to the US where they receive the J&J single-dose vaccine shot.
Good for us! Yeah, once I started hearing about people not wanting to work, I though... "I bet there are immigrants who want to work."
We are still in a pandemic, and our unemployment is only 2% higher than pre-pandemic.
That's not that bad.
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How many people are sitting on the sidelines whether you talk unemployment payments or other concerns?
I don't understand your question. Can you clarify?
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I don't understand your question. Can you clarify?
Unemployment the rate is calculated by how many people are actively seeking work. Many are not actively seeking. I do think if you tallied all up not looking for work but not working due to something related to Covid, the unemployment rate has been truly higher the whole time. Don't you?
My guess is that this is about 30% of the problem. From my workplace's experience, it's a somewhat more simple problem of people just don't WANT the jobs???
Even with the $300 bump, u/e is not more than what they would make working, it's probably 20-40% less in most cases especially now that we've raised wages... in my area the effective minimum wage pre-pandemic was about $12, it's now more like 15-16.50, a 30% increase. There's no way if you were working a $12-13 job or jobs before, you're making MORE with u/e unless you are defrauding u/e.
That tells me the pandemic has caused people to value their time differently than before. Some people have straight up told me that someone they knew dying of covid caused them to re-evaluate whether they wanted or needed to work full time jobs, particularly the job they were working.
I think the current end date of August-September is reasonable; in 2021-22 we should start up schools normally, vaccinations should be in the 60%-ish range, it's time to move on from the pandemic and end these emergency supports. A few good things have come out of it... we'll use the internet a little more to its full ability and the child tax credit payments I think will be institutionalized. From talking to a few employees with kids that really is going to make all the difference because now they can actually afford daycare. If we can get universal pre-k, expanded headstart, too... that will pretty much resolve the child-care problem except for the shouting.
Delta variant is only a threat to the unvaccinated, so I don't think that'll be an issue. The main question left is whether we need booster shots by Fall-Winter.
Something else I think people are taking for granted is how rude the pandemic made people, how much on a short string people's tempers are. I've noticed this first-hand at restaurants - people are meaner. They come in pissed off having to wait, are pissy the whole time, and they don't tip well. If I were looking for work now I'd probably avoid customer service unless I had no other choice... and there ARE choices.
Good for us! Yeah, once I started hearing about people not wanting to work, I though... "I bet there are immigrants who want to work."
To the bold true, but some areas are less vaccinated than others are and also the younger have been more hesitant to get vaccinated for whatever reason.
Please specify the useless degrees and associated un or under employment rates.
"Art History" major.
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