Author Topic: Economy Errata  (Read 112232 times)

  • Administrator
  • Official Doomster
  • *****
  • Posts: 1810
    • View Profile
Economy Errata
« on: September 08, 2021, 12:09:07 pm »
"Now, why won't they work?"


Job openings reach historic high of almost 11 million. Why are 9 million still jobless?


The disconnect between job openings and the ranks of the unemployed is something of a
cbsnews.com


Because a $10/hr job is no better than a $0/hr no job, as long as you have food to eat and a roof over your head.  SNAP cards are still being dished out and most people can find somebody to couch surf with.  Granma on SS  is a common choice these days.

Also in 2-parent working families, it never really paid for the mom to go to work for low wages.  By the time you pay for child care, all the earnings are spent anyhow.

This is sort of a modern equivalent of a Slave Revolt.  With no real hope of getting ahead, the slaves just say F*CK IT and don't bother working.

RE

Share on Bluesky Share on Facebook


  • Official Doomster
  • *****
  • Posts: 610
    • View Profile
Re: Economy Errata
« Reply #1 on: September 08, 2021, 02:03:33 pm »
I agree, underemployment does not get people ahead making progress, just barely surviving. I mentioned last week about the zoom call with business manager and regional psych service manager of The better health generation (just a giant locum provider of registered health care professionals, so irony there). Zoom meeting was on providing some ideas on the psych intervention for the disability and long term unemployed in the Back2Work program. After that meeting I went and caught up with a friend who supervises the people working directly with the jobseekers, he spent a few years doing the direct work himself. He said 80% don't want to work. I said I don't think so, probably 20% at most. When he elaborated that the people don't want to take whatever is offered and want to do what they want in a 'good job', I asked what was an eg of something they turn down. Farm work harvesting. So that is absolute lowest industry award, long travel and fuel cost where to farms where there is no public transport and just casual as needed, maybe a few days or a few weeks out in the field. If the day is cut short by rain or other reason it was not worth going.

Pressing further, there are plenty of other casual jobs where even if conditions are better, the on call as needed nature makes it not worth it either. Employers say the hours will probably be close to full time, but it turns out that is only occasionally and they keep extra capacity on the books for very busy days only. We just had a big strike by truck drivers hired by the largest transport company Toll group over casual contracts and hours. I've heard the problem is huge in construction. The concreting contractor needs far less crew to do a driveway of a house than an industrial job so many are only called as needed. The same then flows on to the cement trucks, drivers of extra trucks on the big jobs have hours up and down from week to week.

They also can just not be called back at any time if they screw up once and who doesn't, wheras a full time hire needs at least two warnings.

So this is behind his clarification that they "want a good job straight away". 

  • Official Doomster
  • *****
  • Posts: 610
    • View Profile
Re: Economy Errata
« Reply #2 on: September 08, 2021, 03:16:52 pm »
The Social Democratic government stated in the proposal, 'if you come to Denmark, you have to work and support yourself and your family'

Complete lack of understanding that for Muslims, supporting family is solely a man's responsibility. Any income a woman makes is for her to spend on herself. For Sunni who have no real distinction between employee and slave as there were no wages when the Koran was written, govt job and govt social security are both acceptable, along with being in business. Drug dealing is actually more honourable than working at Walmart. Govt job is viewed as an extension of being an extended royal family and graft with doing very little work is the culture. Social security is then no shame in that framework and as long as the account payments go into is in a man's name, the woman's name with the children on the application does not make it her money to do with as she pleases.

Also note at the end of article it says most jobs available are 4-10 hrs a week. Probably things like an extra hand behind the counter or in the kitchen over the lunch
rush. Imagine the prolific breeding Muslim woman getting the breast milk into a bottle and bringing the baby to a sitter, so they can get dressed up and go from suburbs to city or industrial area, for 1-2 hrs work and then back in time to collect other kids from school. Not worth the bother.

The proposal by the minority Social Democratic government claims many women of foreign descent remain outside the labour market .
dailymail.co.uk
« Last Edit: September 08, 2021, 03:23:18 pm by Phil Potts »

  • Administrator
  • Official Doomster
  • *****
  • Posts: 629
    • View Profile
Re: Economy Errata
« Reply #3 on: September 08, 2021, 03:42:07 pm »
Quote
Workers are saying “enough.” If bosses won’t pay a living wage and respect their workers’ health and safety, people who’ve gutted it out through a year of terror and watching their loved ones get sick and die may not be so willing to come crawling.

COVID exposes the nature of our exploitative society.  People are getting angry now because we still do not have our **** together.  If people start getting smart, boiled billionaire will be a thing.
« Last Edit: September 19, 2021, 06:58:14 pm by K-Dog »

  • Administrator
  • Official Doomster
  • *****
  • Posts: 1810
    • View Profile
Re: Economy Errata
« Reply #4 on: September 08, 2021, 04:53:58 pm »
I agree, underemployment does not get people ahead making progress, just barely surviving. I mentioned last week about the zoom call with business manager and regional psych service manager of The better health generation (just a giant locum provider of registered health care professionals, so irony there). Zoom meeting was on providing some ideas on the psych intervention for the disability and long term unemployed in the Back2Work program. After that meeting I went and caught up with a friend who supervises the people working directly with the jobseekers, he spent a few years doing the direct work himself. He said 80% don't want to work. I said I don't think so, probably 20% at most. When he elaborated that the people don't want to take whatever is offered and want to do what they want in a 'good job', I asked what was an eg of something they turn down. Farm work harvesting. So that is absolute lowest industry award, long travel and fuel cost where to farms where there is no public transport and just casual as needed, maybe a few days or a few weeks out in the field. If the day is cut short by rain or other reason it was not worth going.

Pressing further, there are plenty of other casual jobs where even if conditions are better, the on call as needed nature makes it not worth it either. Employers say the hours will probably be close to full time, but it turns out that is only occasionally and they keep extra capacity on the books for very busy days only. We just had a big strike by truck drivers hired by the largest transport company Toll group over casual contracts and hours. I've heard the problem is huge in construction. The concreting contractor needs far less crew to do a driveway of a house than an industrial job so many are only called as needed. The same then flows on to the cement trucks, drivers of extra trucks on the big jobs have hours up and down from week to week.

They also can just not be called back at any time if they screw up once and who doesn't, wheras a full time hire needs at least two warnings.

So this is behind his clarification that they "want a good job straight away".

I would like to know how many of those 11M available jobs pay better than $15/hr? a "good job" should allow you to lead a "good life"  The jobs they offer allow you to live a sh*t life, therefore they are sh*t jobs.  I certainly would not go off SS for anything less than $40/hr.  It just wouldn't be worth it.

It costs on average about $60K/yr to keep somebody in prison, similar to keep old folks in Assisted Care Gulags.  That is an absolute MINIMUM a working person should be paid to do ANY job at all.

RE

  • Newbie
  • *
  • Posts: 48
    • View Profile
Re: Economy Errata
« Reply #5 on: September 08, 2021, 06:11:44 pm »
I keep getting reminded how lucky I am to be in the situation I'm in. Still living at home, soon to be working part time again at the grocery store, taking a welding program at the local college. The big thing for me is not having rent to pay. Even for a single room in a student rental is $550 per month! I do feel for the folks who do not have the option to live with family, for whatever reason. Even with all my cheap ways it would still be far harder to get by when paying rent or a mortgage. One of my friends is building a tiny house with her boyfriend on his parents' property. It's the gen z version of a starter home, lol. My family got talking about how rough things are for the younger generation, and I just mentioned that one of the best things anyone can do is lower expectations (thanks c5). And not in the "oh life is gonna be shitty anyways why even try" sort of way but realizing that you might not be living the same lifestyle your parents or grandparents did - and that is fine! The things that make us happy haven't changed I don't think - meaning, a sense of community, etc. Fortunately those do not need to cost a lot to acquire. You don't need the big house and 3 cars to achieve it. As NF says I think if one sticks to living at or below one's means you can still get by. It just won't be quite as easy as it once was.

  • Administrator
  • Official Doomster
  • *****
  • Posts: 1810
    • View Profile
Re: Economy Errata
« Reply #6 on: September 08, 2021, 10:10:08 pm »
I keep getting reminded how lucky I am to be in the situation I'm in. Still living at home, soon to be working part time again at the grocery store, taking a welding program at the local college. The big thing for me is not having rent to pay. Even for a single room in a student rental is $550 per month! I do feel for the folks who do not have the option to live with family, for whatever reason. Even with all my cheap ways it would still be far harder to get by when paying rent or a mortgage. One of my friends is building a tiny house with her boyfriend on his parents' property. It's the gen z version of a starter home, lol. My family got talking about how rough things are for the younger generation, and I just mentioned that one of the best things anyone can do is lower expectations (thanks c5). And not in the "oh life is gonna be shitty anyways why even try" sort of way but realizing that you might not be living the same lifestyle your parents or grandparents did - and that is fine! The things that make us happy haven't changed I don't think - meaning, a sense of community, etc. Fortunately those do not need to cost a lot to acquire. You don't need the big house and 3 cars to achieve it. As NF says I think if one sticks to living at or below one's means you can still get by. It just won't be quite as easy as it once was.

In the grocery today I ran into the young guy who moved in next door to my old apt after the prior neighbor committed suicide.  Prior to Covid he worked as a chef in one of the bars in Palmer.  We made a Pizza video together.  Also a dinner video chatting.



He was a good cook.  Now stacking the shelves.

RE

  • Official Doomster
  • *****
  • Posts: 610
    • View Profile
Re: Economy Errata
« Reply #7 on: September 09, 2021, 01:08:53 pm »
He was a good cook.  Now stacking the shelves.
RE

What happened to the cook job? He get laid off during Covid?

He says that in the vid, but did he get his stimy yet? More pertinent is wtf was the woman wanting refilled?
« Last Edit: September 09, 2021, 01:50:43 pm by Phil Potts »

  • Administrator
  • Official Doomster
  • *****
  • Posts: 1810
    • View Profile
Re: Economy Errata
« Reply #8 on: September 09, 2021, 02:21:45 pm »
He probably eventually got it.  I got 1 of mine, still missing later ones.  No idea about the woman.

RE

  • Administrator
  • Official Doomster
  • *****
  • Posts: 1810
    • View Profile
This could prove interesting.

President Xi Jinping faces serious test of his financial reforms as struggles of property giant send ripples through real-estate sector
the Guardian · theguardian.com


‘China’s Lehman Brothers moment’: Evergrande crisis rattles economy

RE

  • Administrator
  • Official Doomster
  • *****
  • Posts: 629
    • View Profile
Re: Economy Errata
« Reply #10 on: September 19, 2021, 07:13:00 pm »
COVID exposes the nature of our exploitative society.   ---   What I wanted to say.


Watching videos of stupid people who think their libertarian freedom gods are more important than people staying alive, I realize the Koch foundation is behind all this Krap.



Koch, Kaos, Krap  Three works staring with K.  Is this a coincidence?   I think not and KDog makes it four words.  I bring you the cosmic cypher,  Intentional Menticide is what it is.

================ (world orders review) ================ CORONA [places in the world, Australia focus telegraph's the agenda] PEOPLE, PROTEST, POLITICS https://www.bitchute.com/video/OvtFdV...
Bitchute · bitchute.com
        <------  The real Texas.  Where everything really is bigger.



* menticide (ˈmɛntɪˌsaɪd) -------  the destruction or undermining of a person's mental independence in order to alter his or her beliefs.

** If you make them think they are free you can keep them as your slave forever.  Or at least until we run out of time.
« Last Edit: September 19, 2021, 07:36:12 pm by K-Dog »

  • Administrator
  • Official Doomster
  • *****
  • Posts: 1810
    • View Profile
Evergrande contagion threat hits global markets
« Reply #11 on: September 20, 2021, 04:11:51 am »
This could prove interesting.

https://www.theguardian.com/world/2021/sep/17/chinas-lehman-brothers-moment-evergrande-crisis-rattles-economy

‘China’s Lehman Brothers moment’: Evergrande crisis rattles economy

RE

Lehman Deja Vu all over again.

Evergrande contagion threat hits global markets

RE

https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134

  • Official Doomster
  • *****
  • Posts: 610
    • View Profile
Re: Economy Errata
« Reply #12 on: September 20, 2021, 07:51:09 am »
COVID exposes the nature of our exploitative society.   ---   What I wanted to say.


Watching videos of stupid people who think their libertarian freedom gods are more important than people staying alive, I realize the Koch foundation is behind all this Krap.



Koch, Kaos, Krap  Three works staring with K.  Is this a coincidence?   I think not and KDog makes it four words.  I bring you the cosmic cypher,  Intentional Menticide is what it is.

https://www.bitchute.com/video/OvtFdVKlVusH/        <------  The real Texas.  Where everything really is bigger.



* menticide (ˈmɛntɪˌsaɪd) -------  the destruction or undermining of a person's mental independence in order to alter his or her beliefs.

** If you make them think they are free you can keep them as your slave forever.  Or at least until we run out of time.

They believe they are protesting for the right to stay alive. If you watched that whole long dan Andrews press conference, he urged people not to wait for Pfizer to be available, go and get a-z or Moderna. That's because the Pfizer is the only one the 12 yr olds can take as it is 30% as strong. Many people want to try and take less of what they see as any combination of dangerous, unnecessary and inneffective.

The police are beating **** out of people with complete impunity on camera all the time. What you saw where the protesters rushed through the line of police and then kept walking was when they were hemmed in on two ends. It was set up where there were steep banks on the sides and police blocked the crowd at either end. After the crowd rushed through, the police just continued pepper spraying people just walking by from the sidelines. They had first been doing this from above. It's all on cam but is not what the propaganda arm msm will report. A 70 year old woman was knocked down and then sprayed by two cops.

In the press conference where Andrews is saying early next year the passport will require a booster, nobody in the media asks about the effectiveness or safety of it, even though in the US and UK, officialdom has been split and urging caution as human trials never tested effects of multiple shots. I've tried to look up the animal studies online, but didnt find. I want to verify if it's true all the monkeys and most of the mice died under that condition. If it is, Deagel 2025 might be in the ballpark.

The incident yesterday and it's msm reporting is an attempt at PR to try and turn majority opinion hostile to the hesitant. This normally always involves babies and children, because we instinctively see them as innocent and to be protected. Babies washed up on beaches, thrown out of incubators by Saddams soldiers, chemical weaponed by Assad and passed over airport fences to soldiers in Afghanistan a couple of weeks ago, (never Palestinian or our own drone striked kiddos though). These all turn out to be fake or staged to get approval. I expect the next variant will be said to target children and therefore become fully compulsory. As it is, unvaxd parents can't go onto school ground in many places. The same people are unlikely to be able to work either, so if they can survive will stay home and homeschool rather than risk known short term and unknown long term side effects. Not quite 'children of men', but there are indications we could be going some way toward it a generation from now. A who coulda knowed unforseen consequence, of biannual protection from covid during their development solves a lot of planetary problems.

 Under 500 cases in a day was the absolute max in an outbreak that was contained in August last year. Now we are at close to 2000 in what looks like exponential explosion, coinciding with heading toward reaching the vaxn target. With that happening, we are reopening a 'vaxnated economy' with expected overwhelmed healthcare system. Seems to me like the virus beat the vax but, doubling down on it as the only solution anyway.
« Last Edit: September 20, 2021, 08:21:18 am by Phil Potts »

  • Member
  • ****
  • Posts: 283
    • View Profile
Re: Economy Errata
« Reply #13 on: September 20, 2021, 10:41:30 am »
This could prove interesting.

https://www.theguardian.com/world/2021/sep/17/chinas-lehman-brothers-moment-evergrande-crisis-rattles-economy

‘China’s Lehman Brothers moment’: Evergrande crisis rattles economy

RE

Lehman Deja Vu all over again.

Evergrande contagion threat hits global markets

RE

https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134

The Chinese are facing some interesting challenges.  LNG is 4-5 times more than a year ago and coal prices in China are at a all time high.  They seem to be willing to endure a crash in the hyper speculative property market as they play the long game and have another agenda.

The Chinese are apparently moving to an evolved vision of a "common prosperity" socialist model as explained in this article which was written for investors. 

 
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
zerohedge.com


A Zero Hedge article - so of course a strong conservative bias.  However, the information on recent Chinese policy is useful to understanding their moves.

  • Administrator
  • Official Doomster
  • *****
  • Posts: 1810
    • View Profile
Re: Economy Errata
« Reply #14 on: September 20, 2021, 11:36:46 am »
This could prove interesting.

https://www.theguardian.com/world/2021/sep/17/chinas-lehman-brothers-moment-evergrande-crisis-rattles-economy

‘China’s Lehman Brothers moment’: Evergrande crisis rattles economy

RE

Lehman Deja Vu all over again.

Evergrande contagion threat hits global markets

RE

https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134

The Chinese are facing some interesting challenges.  LNG is 4-5 times more than a year ago and coal prices in China are at a all time high.  They seem to be willing to endure a crash in the hyper speculative property market as they play the long game and have another agenda.

The Chinese are apparently moving to an evolved vision of a "common prosperity" socialist model as explained in this article which was written for investors. 

 
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
zerohedge.com


A Zero Hedge article - so of course a strong conservative bias.  However, the information on recent Chinese policy is useful to understanding their moves.

I have never bought into the meme that the Inscrutable Chinese are "Playing the Long Game".  I think they are just as Clueless as Western Pols and practice Reactive Politics, just they react differently.  If they truly were playing a long game, they never would have built all those empty cities and bridges to nowhere.

"Common Property" in this instance is just a bigger version of the Capitalist credo of Privatize the Profits and Socialize the Losses.

While the Chinese Goobermint might be strong enough to withstand a financial crash, the real problem as with Lehman is CONTAGION in global financial markets.  all that debt has been rehypothecated and resold and used as collateral for many banks outside China.  If the Chinese don't backstop that debt, it would be like letting AIG fail, and AIG was only $100B.

My bet is there is a slanty eyed Hank Paulsen over there who will pull out a Money Bazooka to patch things up for a while.

RE