Unemployment Benefit Applications Lowest in Almost 50 Years

So you think child labor laws and fair wages are a "hindrance"?

 

Just as I figured, thxs.

 

Thxs for the right wing talking points, heard them all before.

 

Way to prove a point master debater, LMAO

See how its done

Talking points, learn it!

 

Do you have anything other than cheap jabs to contribute to the conversation? My nephew is an EMT and makes $15. per hour. If min wage is increased to $15., why would he continue to expose himself to bodily fluids when he can safely flip burgers for the same money? We appreciate anything an econ professor, like yourself, can teach us.

 

didn't AOC get a degree in economics?
$15 an hour will insure some people NEVER get a job. I've known people like that, they just aren't worth $15 an hour. What is the name of that economist that write for the NY Times.. that guy is not just wrong, but 180 degrees wrong so many times..

 

A fair wage is when the value of the labor is worth the amount being paid. Do you think its fair for someone working the drive-thru window making the same as an EMT, who is exposed to hazardous work conditions and bodily fluids?

 

Donald Trump thanks Obama every day for the strong economy he inherited.
It’s the only thing he can talk about. That and the well established Mexihate.

 

higher paid labor pays more in taxes and creates more in demand; grow our expanding, universal economy we must.

a fifteen dollar an hour minimum wage is a simple cost of living adjustment simply Because our First World economy costs first world bucks.

the left need merely ensure full employment of capital resources through the socialism of equal protection of the law.

 

the left understands socialism cannot rely on capital excuses. full employment of resources is promoting the general welfare.

 

I thought you had a background in economics? Your own argument at face value only shows an increase in pay for the IRS. The worker is no better off.

 

Only socialism is not the full employment of resources because most people are not going to perform at their full potential for the sake of some other anonymous person, and some others will do no more than fill a space if they are going to be fed anyway. What the proponents of socialism never consider in their utopian dreams is human nature. Like the crank that keep telling it what "collectivism" is, that exist in some species, such as bees and ants, and it sci-fi , such as the Borg.
and I have no idea what you were trying to say in the first sentence. The worse thing about socialism/communism is, it is contrary to human nature and the proletariat must be forced to comply

 

how did you reach that conclusion?

 

solving for capitalism's natural rate of unemployment via market friendly means is what I am referring to.

 

There is already a perti dish showing results. Los Angeles. When you factor the increase in living expenses, it is only an increase for the IRS. The worker is no better off. You can increase it to $35.00 per hour and the worker must still buy from companies paying its employees $35.00 for their daily needs.

 

No, and I don't think EMTs are paid nearly enough. Then again, we live in a country whose universities spend millions on football teams.

 

how does that work in microeconomics?

 

No..........just getting the wigs cleaned this week.

 

nope

Stimulus spending. Had republicans not blocked every single thing democrats wanted to do starting in 2010, the economy would have been even better. But as it stands, even with republican obstruction, he managed to take the worst republican caused recession in 80 years and completely turn it around.

 

of course I have.

and then gave you actual data demonstrating it.

infrastructure. stimulus spending. etc.

 

Stimulus spending? After the money moves through the government, how much is left to spend? That same money left with the working tax payer buys a lot more. I live here in the Democrats petri dish, (Los Angeles) and in spite of our taxes being among the highest, our roads are in extremely poor condition. We are the poverty capitol of the US and there is a huge gap between the rich and the poor.

Government cannot create growth, it can only hinder it. Americans get a lot more done when the gov gets out of their way.

 

proven false

 

Equal protection of the law can solve simple, market based poverty due to capitalism's natural rate of unemployment.

 

We have a Command Economy where Congress commands fiscal policy and the Fed commands monetary policy. Our GDP is demonstrably affected by government policies and government spending.

 

Typing the words "Proven false" is not proof. You are falsely gave credit for the efforts of millions to one single man. Your claim that giving more money to the government will stimulate growth is already being played out here in Los Angeles and shows you are wrong. Reducing the burden of the government allows American businesses to grow, invest, and hire more as we are experiencing now. Trump is still a thief and takes much more from the tax payers than they should be paying, but he is still less of a thief than Obama.