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gut
Posts: 15,058
Sep 4, 2014 3:42pm
Then the rate would drop....i.e. you have 18 out of 20 people with jobs (90%) and then 10 retire and go unfilled, now your participation rate is 80% (8 out of 10).jmog;1650439 wrote:That's true if the employer fills the vacancy with someone who is currently unemployed. If they just let the person retire and don't fill, then the rate doesn't change.
But obviously they calculate with estimates, adjusted for unemployment claims and maybe SS or 401k/IRA distributions. So for the most part, when those people retire even if only some are backfilled the participation rate should go up.
Regardless, if the current participation rate is 62% or so, over 60% of retiree positions would have to be eliminated to negatively affect the participation rate.
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jmog
Posts: 6,567
Sep 5, 2014 8:08am
True, and even more reason to look at the labor participation rate as a sign of the economy's condition rather than the unemployment rate.
Q
QuakerOats
Posts: 8,740
Sep 5, 2014 1:42pm
RECORD 92,269,000 AMERICANS NOT WORKING
Black Unemployment Hits 11.4%... (and obviously much higher than that)
Change we can believe in ....
Black Unemployment Hits 11.4%... (and obviously much higher than that)
Change we can believe in ....
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Manhattan Buckeye
Posts: 7,566
Sep 5, 2014 7:21pm
In the greater scheme of things, this is not much:
http://news.yahoo.com/president-obama-checks-stonehenge-off-bucket-list-190256099--abc-news-politics.html
But seriously, I'm sure many tourists had their days ruined because the SS took care to make sure no one else could enjoy the historical site for those few hours. In reality no one can just walk around stonehenge without some sort of educational permit. Most people are forced to look at it from a fence a hundred yards or so around the perimeter. It is a tourist trap, and traffic around it is horrible.
http://news.yahoo.com/president-obama-checks-stonehenge-off-bucket-list-190256099--abc-news-politics.html
But seriously, I'm sure many tourists had their days ruined because the SS took care to make sure no one else could enjoy the historical site for those few hours. In reality no one can just walk around stonehenge without some sort of educational permit. Most people are forced to look at it from a fence a hundred yards or so around the perimeter. It is a tourist trap, and traffic around it is horrible.
Classyposter58
Posts: 6,321
Sep 5, 2014 9:43pm
About Bush though, I really don't think he was that bad of a president. It was one of the worst periods in American history tragedy wise, we had the worst attack on our nation since Pearl Harbor, one of the worst natural disasters in history, a second gulf war and the collapse of the housing bubble. I can never hate Bush to this day for how he got us through September 11th, he performed admirably
believer
Posts: 8,153
Sep 6, 2014 9:07am
More "lost" IRS emails... http://bigstory.ap.org/article/competing-views-irs-treatment-tea-party
The IT gurus in the Federal gubmint must be massively incompetent...or perhaps we have a shit load of talented liars at the highest levels of the IRS and the White House. I'm putting my money on the latter.
The IT gurus in the Federal gubmint must be massively incompetent...or perhaps we have a shit load of talented liars at the highest levels of the IRS and the White House. I'm putting my money on the latter.
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Manhattan Buckeye
Posts: 7,566
Sep 6, 2014 11:08am
This guy is such an embarrassment.
http://news.yahoo.com/apnewsbreak-obama-delay-immigration-action-135104793--politics.html
Obama is everything that is wrong with DC. Narcissistic, everything driven by politics and cynical. If something is the right thing to do (I don't agree on this one), you don't wait to do it after an election. We can't get rid of this ass soon enough.
http://news.yahoo.com/apnewsbreak-obama-delay-immigration-action-135104793--politics.html
Obama is everything that is wrong with DC. Narcissistic, everything driven by politics and cynical. If something is the right thing to do (I don't agree on this one), you don't wait to do it after an election. We can't get rid of this ass soon enough.
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gut
Posts: 15,058
Sep 6, 2014 1:38pm
At this point, I'll settle for Lois Lerner going to jail. At least take her pension, damnit....she deserves a lengthy prison term This is criminal times three, and politically motivated.believer;1650999 wrote:More "lost" IRS emails... http://bigstory.ap.org/article/competing-views-irs-treatment-tea-party
The IT gurus in the Federal gubmint must be massively incompetent...or perhaps we have a shit load of talented liars at the highest levels of the IRS and the White House. I'm putting my money on the latter.
believer
Posts: 8,153
Sep 6, 2014 3:00pm
Manhattan Buckeye;1651018 wrote:This guy is such an embarrassment.
http://news.yahoo.com/apnewsbreak-obama-delay-immigration-action-135104793--politics.html
Obama is everything that is wrong with DC. Narcissistic, everything driven by politics and cynical. If something is the right thing to do (I don't agree on this one), you don't wait to do it after an election. We can't get rid of this ass soon enough.
EVERYTHING about this Administration is politically motivated. There has been absolutely nothing about Obama & Co. that shows me these buffoons actually have the best interest of all the American people in mind.gut;1651052 wrote:At this point, I'll settle for Lois Lerner going to jail. At least take her pension, damnit....she deserves a lengthy prison term This is criminal times three, and politically motivated.
Classyposter58
Posts: 6,321
Sep 8, 2014 5:03pm
I agree completely and consistently they are fried for this in the WSJbeliever;1651066 wrote:EVERYTHING about this Administration is politically motivated. There has been absolutely nothing about Obama & Co. that shows me these buffoons actually have the best interest of all the American people in mind.
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QuakerOats
Posts: 8,740
Sep 9, 2014 4:39pm
IRS now going after Breitbart News ........... the assault continues.
http://www.foxnews.com/politics/2014/09/09/breitbart-news-says-irs-targeted-company-for-audit/
http://www.foxnews.com/politics/2014/09/09/breitbart-news-says-irs-targeted-company-for-audit/
Belly35
Posts: 9,716
Sep 10, 2014 6:42am
IRS needs to be gone...... Along with the EPA and few others departments, each state regulate taxes, energy and education.
Classyposter58
Posts: 6,321
Sep 10, 2014 2:31pm
Haha cause that worked so well before. Lets go back to earning $2 a day as well working along side childrenBelly35;1652533 wrote:IRS needs to be gone...... Along with the EPA and few others departments, each state regulate taxes, energy and education.
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QuakerOats
Posts: 8,740
Sep 10, 2014 2:38pm
Classyposter58;1652724 wrote:Haha cause that worked so well before. Lets go back to earning $2 a day as well working along side children
It worked just fine; we used to have a juggernaut of an economy. Today, under the marxists, we have no growth, no wage growth, record numbers out of the work force, record food stamp roles, and regulators and bureaucrats out the wahzooo. Better wake up.
Dr Winston O'Boogie
Posts: 1,799
Sep 10, 2014 3:50pm
You could argue that the greatest expansions in our economy in the past 100 years occurred under liberal presidents (Roosevelt, Truman, and Clinton).QuakerOats;1652729 wrote:It worked just fine; we used to have a juggernaut of an economy. Today, under the marxists, we have no growth, no wage growth, record numbers out of the work force, record food stamp roles, and regulators and bureaucrats out the wahzooo. Better wake up.
fish82
Posts: 4,111
Sep 10, 2014 4:27pm
Yeah...that probably would happen. :rolleyes:Classyposter58;1652724 wrote:Haha cause that worked so well before. Lets go back to earning $2 a day as well working along side children
believer
Posts: 8,153
Sep 10, 2014 5:16pm
What saved Roosevelt's ass certainly wasn't the New Deal. WWII had far more to do with his "great expansion".Dr Winston O'Boogie;1652750 wrote:You could argue that the greatest expansions in our economy in the past 100 years occurred under liberal presidents (Roosevelt, Truman, and Clinton).
Truman enjoyed the inevitable post wartime boom. ANY POTUS would have enjoyed that bonus.
Clinton inherited Reagan's economy. And he got some help from a Republican-controlled Congress, the dot-com bubble, and an artificial housing boom.
Next.....
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Manhattan Buckeye
Posts: 7,566
Sep 10, 2014 6:57pm
"the dot-com bubble,"
That killed our economy for nearly a decade. Now we have social media that gets its money from where? I have a twitter account (but don't tweet), and a FB account and never once looked at an advertisement.
Hard to believe that we used to live in a country that actually made things.
That killed our economy for nearly a decade. Now we have social media that gets its money from where? I have a twitter account (but don't tweet), and a FB account and never once looked at an advertisement.
Hard to believe that we used to live in a country that actually made things.
H
HelloAgain
Posts: 537
Sep 10, 2014 10:01pm
Hasn't Obama inherited Bush's economy then?believer;1652778 wrote:Clinton inherited Reagan's economy.
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HelloAgain
Posts: 537
Sep 10, 2014 10:07pm
Advertising real estateManhattan Buckeye;1652795 wrote:Now we have social media that gets its money from where?
It would be as if a few companies owned all the billboard and newspaper ad space in the world back in the 80's. They'd have been worth a few dollars too.
I'd say creating websites that billions of people in the world use every day qualifies as "making things." Sorry it's not steel beams or copper pipes or whatever your wet dream is.
believer
Posts: 8,153
Sep 11, 2014 5:12am
Indeed...and Barry has managed to double-down on that debacle.HelloAgain;1652832 wrote:Hasn't Obama inherited Bush's economy then?
fish82
Posts: 4,111
Sep 11, 2014 7:45am
No POTUS "inherits" anything. They all ask for the job, and they all know full well where things stand when they do.
Q
QuakerOats
Posts: 8,740
Sep 11, 2014 10:08am
HelloAgain;1652832 wrote:Hasn't Obama inherited Bush's economy then?
Yes, and he completely trashed it, and continues his assault upon it.
pmoney25
Posts: 1,787
Sep 11, 2014 10:50am
Question. On his own. Not compared to Obama. Do you consider Bush a good president? Because any conservative I know with half a brain does not.QuakerOats;1652938 wrote:Yes, and he completely trashed it, and continues his assault upon it.
Heretic
Posts: 18,820
Sep 11, 2014 11:15am
I love how the same people who constantly complain whenever anyone mentions Bush's suckitude in reference to Obama are super-quick to point out that Clinton benefited from Reagan. I mean, at least with Bush-Obama, there's a direct succession. With Reagan-Clinton, there were four years of lies and failure in between their 8-year reigns.believer;1652778 wrote:Clinton inherited Reagan's economy. And he got some help from a Republican-controlled Congress, the dot-com bubble, and an artificial housing boom.
Next.....