The Jobless Summer - only 1 in 4 teens employed in US

You have to be pretty stupid to be bad at math. They go way to slow at the elementary level, and I think they go a little to fast at the advanced high school level. At the high school level, you don't have the time to truly learn the material unless you want an hour of homework every night. You can learn the material for the test, but then you forget it right after. Mathematic concepts are very easy for me to understand. It's just hard for me to remember them after awhile. Kids should not be sitting at a desk all day in school. They should work a lot more with their hands if and when they can in school.

 

You don't have to be stupid to be bad at math. I'm sure it helps, but many people who are bad at math simply don't think that they can understand it.

I'm convinced that the reason they don't think they can learn math is that someone tried to teach them abstract mathematical concepts before they were ready to learn them, and they decided that they were bad at it.

Some students seem to have a blind that they pull down when math is being taught. On the blind are four words: "I don't get it."

 

1 in 4 teens.

Ha, there are 1 in 4 Mexicans employed in agriculture in the USA. LOL.


Really, unemployment will stay at 9 to 10% for the next 2 decades or more. Get use to it, accept it. FYI: the USA and other countries in the EU, Austrailia, Japan, and other wealthy nations have MAXED out on growth. They are all so oversaturated by capitailism that there is no more opportunity to make money off someone else. In addition, Manufacturing is producing more product with less workers (more efficient), and making bigger profits than ever before. The resession has taught the corporations to profit more with less workers. Hence, there will allways be less jobs and more workers seeking them.

With money being tight, most old people will be working to older ages. With government employees re-doing their pension programs, there will be less retired people. With retirement programs going broke, more people will be seeking work. Get use to it.

The real opportunities to capitalize are abroad. Learn a different language Chinese, Korean, Arabic, Indian, Spanish, or Portugese if possible. These are emerging countries with big opportunity for jobs and capitalization.

The one great indicator of this shift where people from the uSA start getting jobs abroad will be when the Mexican immigrants start moving their families back to Mexico and farther south to Brazil, Chile, Argentina, Colubia, Panama.
Reason for this is because they speak Spanglish and can learn Portugese faster than english, and their adaptation to blend in will be more easy. Also, South America is a well kept secret from the USA people. They have been paying 9%-20% on investments for the past 20 years. In the 50s, massive amounts of Japanees moved to Brazil to escape the lack of jobs in Japan after the bomb.

So if you have kids, set your sights on South America or the other emerging countries for opportunity of wealth and opportunity for capitalism. Teach them the language now, and they will be able to seek out work. If not, they will be just hanging out at home. Too sheltered to step outside of their comfort zone.

 

Not sure what you mean here. Is it a simple reference to growth maximisation analysis (where alternative markets, rather than domestic horizontal integration, becomes key) or are you going with something more radical?

 

Or, you can make it so kids don't have to work. There are many very easy ways to reduce unemployment. You can have people work fewer hours for the same pay. You can have people retire earlier. You could also have a lot fewer women work than they are now like the old days.

 

Hours worked do differ significantly across countries.

Given problems with pension systems that isn't on offer. Retirement age will be put back.

In the 'old days' working women were the norm.

 

If the "old days" go back to the early '60s and further, then yes, absolutely, working women were the norm. They did the laundry, vacuumed/swept, dusted, took care of the children, and had a good meal ready when the hubby came home from his job.

 

Some would call that having too much government regulating socialism. fact is there are not enough jobs to go around. Not even to recycle. Before most of these job seekers were born, old people never worked in fast food, or any minimum wage job as they did not need to. Today is not like it was back 10-20 or 30 years ago. This is a global market, and the competion for work goes beyond the limitatons of the town or city. Some like to say that the old people are living longer, but fact is they are working longer, and soon the college grad and laid off professional in the USA (who can't find employment) will turn to the minimum wage jobs that the Mexicans and young people once occupied while on summer vacation.

You must look at the large picture (Macro) to see how jobs/opportunities are created, and how buisness runs to analyize what is going on here. Same as planners have been doing for decades, but now involving the rest of the world. This can be looked at as triccle down unemployment. When the top earners get unemployed for long periods of time they turn down their expectations, and when corporations learn how to be more efficient and make massive profits, they learn to apply those techniqes to all ther market strategy. So again. triccle down unemployment. Get use to it because it is happening and will continue to happen.

 

Not so much radical. But more the new conventional. this has been the trend and reason is sounds radical is because they do not teach it is school. this is taking into account a higher up or larger scale global view on what is happening to jobs in the USA. Eventually, the media and schools will catch on to it and try to work with it. But for now my suppositions are what the schools and broadcast media, as well as politician are trying to keep hush hush, because it looks grim. But it is, and the sooner people realize it the sooner they can target their goals.

As most people will adhere to their status quo and follow the heard, they will continue to struggle to succeed in the new world of global economics. Only after the smart and weaalthy have secured places of capitalism around the world in the emerging markets will they acknowledge that the real opportunity for capitalism and jobs are abroad, it will be too late, and profit margins will be smaller, and jobs will be far less. A similar small scale example of what I'm describing is the Gold Rush of the 1800s.

 

That's what I meant. Instead of having jobs, they could stay at home and take care of things.

 

You're going for a blip. Go back "further" and Western civilisation was characterised by employed women. Not surprising really, given the need for dual earners to secure an overall living wage

 

When have women been employed in any great numbers for anything but housekeeping and child care?

 

Umm... hmmmm! sure! Did you run that one by your wife by any chance?

 

thats actually typical of most keynessian fanatics LOL

 

he also can't see that his keynessian crap has destroyed the economy of japan

 

you want to see your failed theories? Look at Japan

 

I know its difficult for right wingers to refer to economics, but you can try and buck the tradition! Start by offering a means to dispute the relevance of monopsony (where firms have wage making power through, for example, job search frictions)

 

ok then....lets start with Japan:

Had they bjust let the bad banks fail, then I can guarantee you that japan would of been well on its road to recovery by now....sure there would of been hell to pay for a couple of years but thats the price to pay for a decade of easy money...its the hangover after the drugs.

and.....today japan would of had a much lower debt to GDP if they had never bailed out the banks!

 

Nope, let's start by referring to the economic theory that I've used! Your rants about Japan and Keynesianism are completely irrelevant to the thread.

So, don't dodge now, offer a means to dispute the relevance of monopsony (where firms have wage making power through, for example, job search frictions)

 

unfortunately my econ courses were taken a long time ago but from what I can remember about monopsony is when there are several sellers and only one buyer.........in this example of course prices will fall...this would include wages.....in fact then lets go to the philipines.....where there is no wage controls.....people actually work for just a bowl of rice...so is this what you want for america?

 

Come now, I've already given the game away: wage making power isn't reliant on the market labour supply curve coinciding with the firms. We can derive it by just referring to job search frictions.

Result of the minimum wage? Increases in employment and wage, reflecting how monopsony hinders the exhaustion of mutually beneficial exchange. That's the ironic aspect of the 'don't know no economics' right wingers. They're trying to coerce a result that hinders exchange.

 

if what you say is true then why arent wages rising now in the philippines...there is no minimum wage there yet wages are stagnant......like I said......people working for a bowl of rice. Yes I know there is corruption in that country but still according to your model then wages should of started to increase by now.

 

You're struggling to understand what monopsony means: wage making power that leads to inefficient underpayment. Catch up and then type something that makes sense!

 

A) this is a debate board, not a university lecture
B) you are not impressing anyody with your big words......tell me....how much gold have you bought in the past 5 years? I thought not

 

seriously, if we had all of these fantastic mathematical models to improve the economy, why haven't they been implemented?