Trump World -USA-2019
- Thread starter Ocean Breeze
- Start date
Wages are increasing faster than inflation . If you check the numbers inflation is very low in America for the last few years .
Understanding The U.S. Economy: Lots Of Rotten Jobs
“It doesn’t make any difference whether a country makes computer chips or potato chips!”
—Attributed to Michael Boskin, Chairman of President George H. W. Bush’s Council of Economic Advisors
When U.S. unemployment is at a 50-year low, why do so many people have trouble finding work with decent pay and adequate predictable hours? A new economic indicator—the US Private Sector Job Quality Index (JQI)—gives the answer: we have lots of jobs, but they are increasingly low-quality jobs.
“The problem is that the quality of the stock of jobs on offer has been deteriorating for the last 30 years,” says Dan Alpert, an investment banker and Cornell Law School professor. The JQI is built and maintained by Alpert and his fellow researchers at Cornell University Law School, the Coalition for a Prosperous America, the University of Missouri-Kansas City, and the Global Institute for Sustainable Prosperity. (As to how the JQI is constructed, see the technical note below.)
So, when tomorrow morning at 8.30 a.m. EST, the Bureau of Labor Statistics announces the monthly official unemployment statistics and the administration trumpets “the best economy in history,” we will know why that isn’t true.
More: https://www.forbes.com/sites/steved...erstanding-the-us-economy-lots-of-rotten-jobs
“It doesn’t make any difference whether a country makes computer chips or potato chips!”
—Attributed to Michael Boskin, Chairman of President George H. W. Bush’s Council of Economic Advisors
When U.S. unemployment is at a 50-year low, why do so many people have trouble finding work with decent pay and adequate predictable hours? A new economic indicator—the US Private Sector Job Quality Index (JQI)—gives the answer: we have lots of jobs, but they are increasingly low-quality jobs.
“The problem is that the quality of the stock of jobs on offer has been deteriorating for the last 30 years,” says Dan Alpert, an investment banker and Cornell Law School professor. The JQI is built and maintained by Alpert and his fellow researchers at Cornell University Law School, the Coalition for a Prosperous America, the University of Missouri-Kansas City, and the Global Institute for Sustainable Prosperity. (As to how the JQI is constructed, see the technical note below.)
So, when tomorrow morning at 8.30 a.m. EST, the Bureau of Labor Statistics announces the monthly official unemployment statistics and the administration trumpets “the best economy in history,” we will know why that isn’t true.
More: https://www.forbes.com/sites/steved...erstanding-the-us-economy-lots-of-rotten-jobs
Prog shit. Pure fiction written by a Trump-hater.Understanding The U.S. Economy: Lots Of Rotten Jobs
“It doesn’t make any difference whether a country makes computer chips or potato chips!”
—Attributed to Michael Boskin, Chairman of President George H. W. Bush’s Council of Economic Advisors
When U.S. unemployment is at a 50-year low, why do so many people have trouble finding work with decent pay and adequate predictable hours? A new economic indicator—the US Private Sector Job Quality Index (JQI)—gives the answer: we have lots of jobs, but they are increasingly low-quality jobs.
“The problem is that the quality of the stock of jobs on offer has been deteriorating for the last 30 years,” says Dan Alpert, an investment banker and Cornell Law School professor. The JQI is built and maintained by Alpert and his fellow researchers at Cornell University Law School, the Coalition for a Prosperous America, the University of Missouri-Kansas City, and the Global Institute for Sustainable Prosperity. (As to how the JQI is constructed, see the technical note below.)
So, when tomorrow morning at 8.30 a.m. EST, the Bureau of Labor Statistics announces the monthly official unemployment statistics and the administration trumpets “the best economy in history,” we will know why that isn’t true.
More: https://www.forbes.com/sites/steved...erstanding-the-us-economy-lots-of-rotten-jobs
Understanding The U.S. Economy: Lots Of Rotten Jobs
“It doesn’t make any difference whether a country makes computer chips or potato chips!”
—Attributed to Michael Boskin, Chairman of President George H. W. Bush’s Council of Economic Advisors
When U.S. unemployment is at a 50-year low, why do so many people have trouble finding work with decent pay and adequate predictable hours? A new economic indicator—the US Private Sector Job Quality Index (JQI)—gives the answer: we have lots of jobs, but they are increasingly low-quality jobs.
“The problem is that the quality of the stock of jobs on offer has been deteriorating for the last 30 years,” says Dan Alpert, an investment banker and Cornell Law School professor. The JQI is built and maintained by Alpert and his fellow researchers at Cornell University Law School, the Coalition for a Prosperous America, the University of Missouri-Kansas City, and the Global Institute for Sustainable Prosperity. (As to how the JQI is constructed, see the technical note below.)
So, when tomorrow morning at 8.30 a.m. EST, the Bureau of Labor Statistics announces the monthly official unemployment statistics and the administration trumpets “the best economy in history,” we will know why that isn’t true.
More: https://www.forbes.com/sites/steved...erstanding-the-us-economy-lots-of-rotten-jobs
Is it a difficult concept? I think good jobs are jobs that need to be done, jobs there is a lot of demand for. Jobs in the medical field are one example, jobs picking up garbage and getting rid of it is another. If the garbage doesn't get dealt with then eventually there is more demand in the medical field as people get sick. Many bureaucrats get stuck with poor jobs due to redundancy. A good test of poor jobs would be ones that can be replaced with a robot or a computer. We are quickly reaching the point where jobs are paying more money than they are able to generate. You can't be paying someone $25 an hour to build widgets that people are only willing to pay 2 cents for. That's my take on the situation.
That's only a very small part of the story. Low unemployment may indicate a glut of useless jobs.
A lot of people are hood winked, deflation is long overdue. We've seen inflation for virtually every year since W.W.2. Inflation is 100% the result of GREED! It's criminal. Why should we have to pack 100s of $ in our pockets for what I can remember buying for a $20 bill...……….it's f**king ridiculous!. We used to be able to buy a decent gift for a person for $1. That would be an embarrassment today!
Whistleblower to IRS: Mormon Church has amassed $100 billion in tax-exempt fund rather than supporting charitable works
A former investment manager alleges in a confidential complaint to the IRS that the church has stockpiled surplus donations from members of the Church of Jesus Christ of Latter-day Saints instead of using them for religious or educational activities, according to a copy of the complaint obtained by The Washington Post. He also accuses church leaders of using the tax-exempt donations to prop up a pair of businesses.
Source: WAPO
We need more whistle blowers......
This is new to you? The Mormon Church is the most wealthy institution west of the Mississippi.
What they do with their no money isn't anybody's business unless you are a member of the LDS.
Trump 44 (+3)
Biden 41
Trump 44 (+5)
Sanders 39
Trump 45 (+8)
Warren 37
Trump 43 (+9)
Bloomberg 34
Trump 43 (+10)
Buttigieg 33
Suffolk University/USA Today Poll
Biden 41
Trump 44 (+5)
Sanders 39
Trump 45 (+8)
Warren 37
Trump 43 (+9)
Bloomberg 34
Trump 43 (+10)
Buttigieg 33
Suffolk University/USA Today Poll