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Do not watch this if you are easily offended. Do not watch if you are a Democrat or Republican. Do not watch if you believe anything you see in the media. Any media. Do not watch this if you don't want to hear facts and truth. Do not watch this if you back the EU, the IMF, South American countries. And definitely do not watch this at work or in front of any under age. Caution this will make you angry, laugh, shake your head and question everything you think you know...... Enjoy

 

Seriously, don't watch this.... You have been warned!

 

 

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21 minutes ago, Shelley said:

The Jobs being created aren’t good  jobs ?

 

 

$10 to $15 an hour..... You can't live on that. In my town to rent in the slums averages about $750 a month... Can you live on $2500 a month? Heck, at the local Volkswagen plant they pay $18 an hour... The lowest paid auto workers in America.

 

B/A

Edited by bostonangler
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2 minutes ago, umbertino said:

 

I happen to agree with some of the things angry guy is stating.....Some I said

 

I think we can all agree with some of what he says... LOL

The funny thing is, some will hear him bash Trump and never hear anything after that. Some will hear him bash the democrats and Biden, and they won't hear anything else... With this guy there are no sacred cows.

 

B/A

Edited by bostonangler
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Quote

With this guy there are no sacred cows.

End Quote

 

And I do agree that alone is a great thing already.....There shouldn't be any ( sacred cows)...But we're human.......All of us have our sacred cows somewhere in our minds and hearts......

Edited by umbertino
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6 hours ago, bostonangler said:

 

$10 to $15 an hour..... You can't live on that. In my town to rent in the slums averages about $750 a month... Can you live on $2500 a month? Heck, at the local Volkswagen plant they pay $18 an hour... The lowest paid auto workers in America.

 

B/A

Sorry B/A I’m going to have to differ in opinion with you , the first three fields he listed were medical, education and construction..... I know people in all those fields and none make $10-$15 an hour ... they’re getting paid more than that ...

he sounded like an elitist snob in that video that wants no part of middle class and blu collar workers . 

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For over 100 consecutive months, the United States government has reported that the economy has produced 50-year highs in employment and record lows in unemployment.  

The data from the Department of Labor (DOL) suggests that we are in a Utopian period of economic prosperity due to the historic low rate of unemployment. By many metrics, the job market is doing well and, in some spots, it's blazing hot.   

There is a big disconnect. The reality for most people is inconsistent with the employment figures. Stories of job seekers spending an exceedingly long period of time searching for a suitable job, lackluster salary offers, relatively small wage increases for employees and the rapid growth of gig-economy jobs—such as Uber and Lyft drivers, Instacart shoppers and DoorDashers—repudiate the “best job market ever” narrative.

There have been some new reports that back up the claims of people who say that the job market is not as hot as advertised. A study by the Brookings Institute, a nonprofit public policy organization that conducts research to solve problems facing society, found that a large amount of the newly created positions are “low-wage” jobs. According to the report, low-wage workers make up a huge part of the workforce. A staggering amount of people—over 53 million; 44% of all workers ages 18 to 64 in the U.S.—earn low hourly wages.    

 

A new job-measuring metric, the U.S. Private Sector Job Quality Index (JQI), tracks the quality and pay of jobs is gaining attention. The researchers, which include Cornell University, plan to report their findings each month along with government’s DOL data. 

The JQI tracks the weekly income a job generates for an employee. Similar to the Brookings Institute study, it reflects sluggish hourly wage growth, flat or declining hours worked and low labor participation (the amount of people actively looking for work). Since 1990, the jobs available have significantly declined in quality, as measured by the income earned by workers. Less hours worked with less pay and little room for growth is becoming the norm. The increase in low quality jobs is a byproduct of the growth in the service sector, including healthcare, leisure, hospitality and restaurants, which pays lower wages. This trend coincides with the decreased needs in the once-flourishing manufacturing sector.

 

The low-quality jobs offer an average of 24.6 hours of work per week at $14.65 an hour, which is $360 per week. These roles are also the 13.5 million retail jobs offering 30.3 hours a week at $16.73 an hour, which is $506 in weekly pay. About 83% of all private sector jobs—105 million workers—are in nonsupervisory jobs. More than half of those positions—58 million—pay less than the average weekly U.S. wage of $793. A good deal of these jobs don’t afford proper  healthcare or benefits. Unfortunately, for many Americans, these are the best jobs they could get.

Bloomberg asserts, “If quality is more important than quantity, the U.S. labor market isn’t as good as the headline numbers indicate,” as it relates to the index. Daniel Alpert, an adjunct professor at Cornell Law School said, “This will be the grain of salt to take with the rest of the jobs data.” Alpert, who also works on Wall Street and is a managing partner of Westwood Capital added, “This is talking about the erosion of the middle class: the more people you have in low-wage, low-hour jobs, the worst inequality is.”

While this is happening, certain sectors, such as technology, can’t find sufficient enough people to staff their open headcounts. It looks like a bifurcated job market. On one end of the spectrum, there is a strong demand for certain skilled professionals that offers high salaries, advancement, solid benefits and equity in the company. The other side of the employment spectrum consists of workers just getting by with low-wage, no-growth jobs. 

As long as the government only reports the quantity of jobs (as opposed to the quality), it sends a false picture to the public about the real state of the overall job market. 

 

https://www.forbes.com/sites/jackkelly/2019/11/25/the-frightening-rise-in-low-quality-low-paying-jobs-is-this-really-a-strong-job-market/#64fcade94fd1

 

 

 

 

 

 

I told you not to watch it

B/A

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14 minutes ago, bostonangler said:

For over 100 consecutive months, the United States government has reported that the economy has produced 50-year highs in employment and record lows in unemployment.  

The data from the Department of Labor (DOL) suggests that we are in a Utopian period of economic prosperity due to the historic low rate of unemployment. By many metrics, the job market is doing well and, in some spots, it's blazing hot.   

There is a big disconnect. The reality for most people is inconsistent with the employment figures. Stories of job seekers spending an exceedingly long period of time searching for a suitable job, lackluster salary offers, relatively small wage increases for employees and the rapid growth of gig-economy jobs—such as Uber and Lyft drivers, Instacart shoppers and DoorDashers—repudiate the “best job market ever” narrative.

There have been some new reports that back up the claims of people who say that the job market is not as hot as advertised. A study by the Brookings Institute, a nonprofit public policy organization that conducts research to solve problems facing society, found that a large amount of the newly created positions are “low-wage” jobs. According to the report, low-wage workers make up a huge part of the workforce. A staggering amount of people—over 53 million; 44% of all workers ages 18 to 64 in the U.S.—earn low hourly wages.    

 

A new job-measuring metric, the U.S. Private Sector Job Quality Index (JQI), tracks the quality and pay of jobs is gaining attention. The researchers, which include Cornell University, plan to report their findings each month along with government’s DOL data. 

The JQI tracks the weekly income a job generates for an employee. Similar to the Brookings Institute study, it reflects sluggish hourly wage growth, flat or declining hours worked and low labor participation (the amount of people actively looking for work). Since 1990, the jobs available have significantly declined in quality, as measured by the income earned by workers. Less hours worked with less pay and little room for growth is becoming the norm. The increase in low quality jobs is a byproduct of the growth in the service sector, including healthcare, leisure, hospitality and restaurants, which pays lower wages. This trend coincides with the decreased needs in the once-flourishing manufacturing sector.

 

The low-quality jobs offer an average of 24.6 hours of work per week at $14.65 an hour, which is $360 per week. These roles are also the 13.5 million retail jobs offering 30.3 hours a week at $16.73 an hour, which is $506 in weekly pay. About 83% of all private sector jobs—105 million workers—are in nonsupervisory jobs. More than half of those positions—58 million—pay less than the average weekly U.S. wage of $793. A good deal of these jobs don’t afford proper  healthcare or benefits. Unfortunately, for many Americans, these are the best jobs they could get.

Bloomberg asserts, “If quality is more important than quantity, the U.S. labor market isn’t as good as the headline numbers indicate,” as it relates to the index. Daniel Alpert, an adjunct professor at Cornell Law School said, “This will be the grain of salt to take with the rest of the jobs data.” Alpert, who also works on Wall Street and is a managing partner of Westwood Capital added, “This is talking about the erosion of the middle class: the more people you have in low-wage, low-hour jobs, the worst inequality is.”

While this is happening, certain sectors, such as technology, can’t find sufficient enough people to staff their open headcounts. It looks like a bifurcated job market. On one end of the spectrum, there is a strong demand for certain skilled professionals that offers high salaries, advancement, solid benefits and equity in the company. The other side of the employment spectrum consists of workers just getting by with low-wage, no-growth jobs. 

As long as the government only reports the quantity of jobs (as opposed to the quality), it sends a false picture to the public about the real state of the overall job market. 

 

https://www.forbes.com/sites/jackkelly/2019/11/25/the-frightening-rise-in-low-quality-low-paying-jobs-is-this-really-a-strong-job-market/#64fcade94fd1

 

 

 

 

 

 

I told you not to watch it

B/A

 

I took your advice and have not watched it....

 

A point well taken is that "stats" can be manipulated to illustrate most any desired result.....guess the same can be said about polling as well.....  JMO.   CL 

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1 minute ago, coorslite21 said:

 

I took your advice and have not watched it....

 

A point well taken is that "stats" can be manipulated to illustrate most any desired result.....guess the same can be said about polling as well.....  JMO.   CL 

 

Too true... When I posted this I knew people on all sides would find something they didn't like and things they did like, but of course in today's world the reactions are to the negative side... For the right, there is some great stuff bashing Biden, the democrats and the impeachment. But I hear crickets. On the left there is great stuff bashing republicans, tax cuts, the impeachment, but again crickets. I guess people are programmed to react to what they don't like... Like voting, people mostly vote for what they are against instead of what they are for. Maybe that's why they are so loyal to Trump. His supporters believe they are voting for what they stand for. He has done a good job of promising what they want to hear. And that's what a good politician does.

 

B/A

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4 minutes ago, bostonangler said:

 

Too true... When I posted this I knew people on all sides would find something they didn't like and things they did like, but of course in today's world the reactions are to the negative side... For the right, there is some great stuff bashing Biden, the democrats and the impeachment. But I hear crickets. On the left there is great stuff bashing republicans, tax cuts, the impeachment, but again crickets. I guess people are programmed to react to what they don't like... Like voting, people mostly vote for what they are against instead of what they are for. Maybe that's why they are so loyal to Trump. His supporters believe they are voting for what they stand for. He has done a good job of promising what they want to hear. And that's what a good politician does.

 

B/A

 

You may be selling the voters short.....I believe more are better informed today than ever....(although there is a real question as to the integrity of much of that informatiom)

 

Say it comes down to Trump and Bernie.....(oopps the DNC just crapped it's pants)

 

Trump wins in a land slide....because what he offers is a better option than socialism.     Of course it could be said he only won because people were voting against socialism.....but there's that "stats" thing again.....

CL 

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2 minutes ago, coorslite21 said:

 

You may be selling the voters short.....I believe more are better informed today than ever....(although there is a real question as to the integrity of much of that informatiom)

 

Say it comes down to Trump and Bernie.....(oopps the DNC just crapped it's pants)

 

Trump wins in a land slide....because what he offers is a better option than socialism.     Of course it could be said he only won because people were voting against socialism.....but there's that "stats" thing again.....

CL 

 

I think people are less informed because they only watch the slanted news they like... FOX or CNN for example. And regardless of who is in the final election, it won't be a landslide, it will be who gets out the most voters, because we as a country are that divided. Not many democrats will ever vote for Trump and not many republicans will ever vote for any democrat. So the independents may be the deciding factor.

 

B/A

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Quote

Maybe that's why they are so loyal to Trump. His supporters believe they are voting for what they stand for. He has done a good job of promising what they want to hear. And that's what a good politician does.

End Quote

 

That's what many / most politicians are especially capable of.....

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22 minutes ago, umbertino said:

Quote

Maybe that's why they are so loyal to Trump. His supporters believe they are voting for what they stand for. He has done a good job of promising what they want to hear. And that's what a good politician does.

End Quote

 

That's what many / most politicians are especially capable of.....

 

That is what they are best at....

 

B/A

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Quote

A point well taken is that "stats" can be manipulated to illustrate most any desired result.....guess the same can be said about polling as well.....  JMO.   CL 

End Quote

 

I do agree with your statement above......Not only regimes/ dictatures will manipulate any relevant news and the press in general ( which is not free in regimes, obviously) but even in democracies PTB can and oftentimes do manipulate anything or most things not in line with their agenda...Unfortunately

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