Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The debt went up because progressives, meaning bought and paid for politicians, voted to increase spending. It's never about taxes, it's always about spending.
Not when you reduce revenue with one stroke of the President's pen. The tax cut passed at the beginning of last year is already expected to increase the national debt by a trillion.
Do you know what a yield curve is?
Do you know what leading economic indicators are?
Do you know what happens when gold and silver start to rise.
We have more jobs available than workers who can do them.
The problem isn't a lack of jobs. It's a lack of workers who have the training necessary to do the work.
The days of a worker being nothing but a human machine are over for good. The robot now does the repetitive work and the human must know how to program the robot.
This is why free education is such an important issue.
Without free public education, good workers who don't have the needed mental skills to fill a steady well-paying job will never get the training that creates those mental skills. And neither will his children, because they are all cut out of the high-cost advanced education that is providing the skills.
Floor workers on the factory floor will remain the backbone of our economy. But the factory floor has changed forever. So the worker must change too.
Higher education is our most important national long-term investment in our country's future. We continue to dither while China has already recognized that fact and its importance, and has committed itself to training their workers for the future at all costs.
So has India, most of Europe, and most of the far East. Even Africa is beginning to commit. They will all leap frog right over us if we don't make the commitment.
And then what will happen? Just as many of all those people will come here as are needed and take the jobs.
They have the skills, and we need the skills.
If Americans don't have them, then someone else will do. Business will hire the qualified wherever they come from.
The debt went up because progressives, meaning bought and paid for politicians, voted to increase spending. It's never about taxes, it's always about spending.
That's like a business owner who keeps cutting business costs but never raises the price of his goods. Eventually something has to break. The economic elite in this country have been getting breaks for decades now....while everyone has to cut back on funding for essential services.
We have more jobs available than workers who can do them.
The problem isn't a lack of jobs. It's a lack of workers who have the training necessary to do the work.
The days of a worker being nothing but a human machine are over for good. The robot now does the repetitive work and the human must know how to program the robot.
This is why free education is such an important issue.
Without free public education, good workers who don't have the needed mental skills to fill a steady well-paying job will never get the training that creates those mental skills. And neither will his children, because they are all cut out of the high-cost advanced education that is providing the skills.
Floor workers on the factory floor will remain the backbone of our economy. But the factory floor has changed forever. So the worker must change too.
Higher education is our most important national long-term investment in our country's future. We continue to dither while China has already recognized that fact and its importance, and has committed itself to training their workers for the future at all costs.
So has India, most of Europe, and most of the far East. Even Africa is beginning to commit. They will all leap frog right over us if we don't make the commitment.
And then what will happen? Just as many of all those people will come here as are needed and take the jobs.
They have the skills, and we need the skills.
If Americans don't have them, then someone else will do. Business will hire the qualified wherever they come from.
What you said is absolutely important. Some years ago a book called "The Rise and Fall of the Great Empires" cites education as an important contributing factor in the rise of the empires. A reason cited for the failure of the Italian army in WW 2 was the need for mechanical knowledge in a peasant class that had none. Even the WW 1 equipment that they fought the British with in WW 2 was beyond the ability of the agrarian Italian peasant to understand.
The debt went up because progressives, meaning bought and paid for politicians, voted to increase spending. It's never about taxes, it's always about spending.
So the GOP and Our Dear Leader are Progressives? Trump pushed for and received huge increases in spending at the same time he pushed for and got a huge cut in revenue.
When unemployment is low, wouldn't you expect less jobs to be created? There are fewer unemployed people to fill new jobs.
There are still 5 million people who say they want a job, but are not looking. The LFPR has inched up which signals more people who were not looking have returned to the job market. Eventually your assertion should hold, but so far I don't think we have seen it.
Let's take a closer at your last statement.
Nixon - started 1 recession
Ford - wasn't in there long enough.
Carter - 0 recessions
Reagan - started 2 recessions
Bush Sr. - started 1 recession
Clinton - 0 recessions
Bush Jr. - recession in 01 and a lollapaluza at the end
Obama - led the recovery from the lollapaluza
Trump - overdue
I think that we can see a trend here.
LEt's be real -- Presidents don't 'start' recessions. There are multiple factors that contribute to recessions and -- hate to break it to you -- but the American President doesn't control all of them.
Presidents can ignore the signs of an oncoming recession, refuse to address it , as Bush Jr. did.
I do think we are going to have a bit of a recession -- it won't be a 1007/2008 recession because, although folks are still getting themselves under water in debt -- I don't think it is as bad as it was back then. Job growth is going to slow down -- as pointed out we are at or near natural full employment. Unless the USA is committed to opening the LEGAL immigration gates -- this will start to impact our economy.
LEt's be real -- Presidents don't 'start' recessions. There are multiple factors that contribute to recessions and -- hate to break it to you -- but the American President doesn't control all of them.
Presidents can ignore the signs of an oncoming recession, refuse to address it , as Bush Jr. did.
I do think we are going to have a bit of a recession -- it won't be a 1007/2008 recession because, although folks are still getting themselves under water in debt -- I don't think it is as bad as it was back then. Job growth is going to slow down -- as pointed out we are at or near natural full employment. Unless the USA is committed to opening the LEGAL immigration gates -- this will start to impact our economy.
The only caveat I would add is don't know is which sectors are highly leveraged. In 2007/2008 it wasn't that most mortgages were bad, but those organizations that were highly leveraged threatened to take down otherwise healthy organizations. As an example I read a couple of years ago that a lot of the investment in Oil and Gas in recent years was done with highly leveraged derivatives. It was estimated that many of the deals needed oil to stay above $60 to avoid defaults. The use of opaque derivatives has only grown since 2007/2008; maybe not with mortgages but in other sectors of the economy.
The problem isn't a lack of jobs. It's a lack of workers who have the training necessary to do the work.
That's only part of the equation. You do have plenty of workers with those skills, they're just not in the right location and unwilling to relocate for employment.
Wage increases are barely beating inflation. If the jobs were there, employers would be competing and wages would be going up at a much stronger clip.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
