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(The New York Times)   World economy growing unevenly. Great, now we have to flatten out the air bubbles in the market   (nytimes.com) divider line 18
    More: Interesting, global economy, advanced economies, structural unemployment, current accounts, Organization for Economic Cooperation, emerging markets, consumer confidence  
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1454 clicks; posted to Business » on 03 Sep 2013 at 9:46 AM (51 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
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2013-09-03 09:00:38 AM
2 votes:

ajgeek: The problem of long-term joblessness is best addressed by better training policies, as well as stronger demand, as well as tax reforms to increase work incentives, the organization said.

Absolutely, yes, and aw hell naw! I, for one, am tired of getting (not) trickled on because everything at the top is dammed up and reinforced with security guards posted every square foot.


Ever notice that even when there's no significant change to the underlying tax code, business regulations and employment laws, when unemployment takes hold the first thing you hear from the right is how we need to "reduce the burden" on businesses by changing said code, regulations and laws?

It's almost like those with a vested interest in changing those things are just disingenuously using the natural cycle of unemployment to drive the political demand for such reforms.
2013-09-03 08:45:31 PM
1 votes:

Barfmaker: ajgeek: The problem of long-term joblessness is best addressed by better training policies, as well as stronger demand, as well as tax reforms to increase work incentives, the organization said.

Absolutely, yes, and aw hell naw! I, for one, am tired of getting (not) trickled on because everything at the top is dammed up and reinforced with security guards posted every square foot.

The tax reforms can refer to useful and smart things such as giving some kind of break to the employer's share of the worker's costs such as health care, employment insurance...I have no idea if you guys even have this stuff.

Anyway, the point being that it's not a stand alone tax break, it's simply a reduction on the hit if they hire someone full time.


That's the key.  You can't give the reward until the employers have done the good behavior.  The "tax cuts will spur hiring" crowd wants to give employers the tax cuts and then just hope that there will be employment.  But that's just silly.  You have to offer the tax cuts as a carrot (or tax increases as a stick would work too, I suppose).  If companies know they can reduce their tax burden by X% if they hire Y number of people, watch them scramble to throw up the "Help Wanted" signs.
2013-09-03 06:31:51 PM
1 votes:

El Pachuco: Okay, here's another anecdote: when I was in high school in Phoenix in the early 80s, annual flooding of the Salt River routinely damaged or destroyed one or more of the city bridges that had been built by the private sector. The several bridges that had been built in the 50s by the Army Corps of Engineers never had problems.


Again, the ACoE does not build the bridges.  They may design and manage the construction, but they almost always contract out the actual construction to private construction companies.  I am pretty sure that is the same as the city bridge as the city likely did the design themselves (or maybe had a private 3rd party do the engineering).

This sounds like more of a design issue as the city bridge appears to not have enough clearance during flood events.  Also, it could be because the stream characteristics have changed since when the bridge was designed.  Urbanization usually means more runoff and increasted peak flows during heavy rains.
2013-09-03 04:44:44 PM
1 votes:

FarkedOver: If you have enough money you can make any charge go away :)


Another point here is that many municipalites don't have an unlimited amount of funds.  They have to work within a *gasp* BUDGET, just like the rest of us average joes.  They get to choose on things like 1) do we want to replace 3 of our old bridges with new ones that are plain-jane and that maybe cuts a few corners, or just 2 that are done with flair 2) should we replace that leaky sewer line down by the river that no one knows about or extend the greenbelt bike path that will be done with ribbon cuttings and much fanfare.
2013-09-03 04:20:13 PM
1 votes:

FarkedOver: Some times the owner is just an asshole.


That is not a problem with the system.  That is a problem with the owner.   I thought that the indictment was on the system, not crappy personnel.
2013-09-03 04:16:50 PM
1 votes:

FarkedOver: That is one off the top of my head, I highly doubt its "the one project that went south".


No, there are a fair number that have gone south.  However, there are many more that have gone fine.  Naming one that went south and then pretending that all or most infrastructure projects are like that is a fine example of cherry picking.
2013-09-03 04:10:46 PM
1 votes:

FarkedOver: I got better.


That is an opionion that you may have of yourself.  Others may disagree.
2013-09-03 03:52:09 PM
1 votes:
At some point we are going to have to admit, as a society, that having 1% of the people move 50% of the wealth between each other on a digital exchange is not a job and can't be the basis for a vibrant economy.
2013-09-03 03:50:29 PM
1 votes:

HeadLever: FarkedOver: There should be a new amendment to the U.S. constitution guaranteeing the right to employment.

Lol.  Becasue that platitude would have no unintended consequences whatsoever.  That sounds like a perfect way to become even more uncompetitive in the world.


No that would not be a problem... if it is only a right to employment.

I am unemployed, hey govt how about a job?

Here is shovel, dig there and move the dirt there.  When done move dirt back and fill hole.  I will give you $.50 an hour up to 4 hours a day.  Congrats you are now employed.
2013-09-03 03:47:12 PM
1 votes:

FarkedOver: So just keep on keeping on! WOO HOO all aboard the exploitation express.


Strawman.  I never said anything about re-evaluting the direction forward.
2013-09-03 03:46:17 PM
1 votes:

FarkedOver: My belief is that humanity can do better and humanity does deserve better than what capitalism has to offer.


Hard to argue with the results.  In historical terms, capitialism has progressed humanity much more than any other system.  You may belive that socalism/communism may be a better path, but most will disagree.
2013-09-03 03:40:59 PM
1 votes:

FarkedOver: There should be a new amendment to the U.S. constitution guaranteeing the right to employment.


Lol.  Becasue that platitude would have no unintended consequences whatsoever.  That sounds like a perfect way to become even more uncompetitive in the world.
2013-09-03 03:11:50 PM
1 votes:
You're arguing against something (unfettered capitalism) that doesn't exist. I agree government should be a better counterweight against the power of private capital, and in that regard is headed in the wrong direction. I think the idea that capitalism is the only barrier between the people and universal altruism and cooperation is beyond silly.
2013-09-03 02:40:03 PM
1 votes:

Prophet of Loss: GoldSpider: FarkedOver: Instead of working to benefit a few capitalists we should work to benefit all of humanity.

The real world needs more than platitudes to improve our current system.  Your ideal requires humanity to abandon individualism.  Good luck with that.

Our current system is failing. I, for one, am open alternatives.

Kings or Corporate Executive? WTF is the difference?


Don't get me wrong, I think the income distribution system is pretty farked too. I think we can improve it greatly, though, without scrapping the whole system. Pretending that everyone will work together for the common good, if only we coukd break the shackles of capitalism, is naieve at best.
2013-09-03 02:29:34 PM
1 votes:

FarkedOver: Instead of working to benefit a few capitalists we should work to benefit all of humanity.


The real world needs more than platitudes to improve our current system.  Your ideal requires humanity to abandon individualism.  Good luck with that.
2013-09-03 02:18:50 PM
1 votes:

FarkedOver: Neither is a society where people are forced to sell their labor in order for their basic needs.


So you think people should be able to sit on their asses and have their every need fulfilled by people who work and pay taxes, if they so choose?
2013-09-03 01:54:05 PM
1 votes:

FarkedOver: You want to live in a stable society where people aren't going to guillotine your head, you have to pay for it.


A society where you have to pay to not be killed is not one I'd call "stable".
2013-09-03 12:22:16 PM
1 votes:

FarkedOver: We could put everyone to work for a good wage.


I'd ask who would pay said wage, but I already know the answer.  Good luck with that.
 
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