The xXx Gloom & Doom Report

[i_am2bz]

I'm guessing employers will have to increase the wages offered to entice people to apply for the jobs. Wages have to be higher than what people make on unemployment or most won't get off their butts. :/

true, but then that leads to other issues. if they have to pay a higher wage to entice those workers, then they will in turn have to raise their prices when they sell their crops. Higher prices for the crops means that it will be higher prices in the grocery store. It is a trickle effect with serious repercussions.

Some day people are going to have to pay the real cost of living. Might as well be sooner than later.

I agree, moolie. Cheap food should not be used as an excuse for allowing millions of people, who may have nefarious intentions, to flood the border.

What it seems to me is that by playing a strategic game of chess with the Fed, Mortgage Lenders, and by using specific peoples in Gov they are achieving their goals.

Could this be why they Amero has already begun being printed?

Huh? Wha....??

 

[framing fowl]

This isn't really a gloom and doom thing from the standpoint of the national or global economy, but if this happens in one state, what happens if it happens in all states?

New State Immigration Law

I'm guessing employers will have to increase the wages offered to entice people to apply for the jobs. Wages have to be higher than what people make on unemployment or most won't get off their butts. :/

I would prefer if the federal government began easing back on unemployment benefits. Why should a small business owner who produces a good or service have to pay more money for employees just to entice them off of unemployment?

As an unemployed person, the only taxes you are paying are sales tax on items you choose to buy.

If you are a small business owner, you are paying income tax and worker's comp which in turn are being handed out to those not working PLUS you're paying the wages of the employees that you do have.

 

[colowyo0809]

I'm guessing employers will have to increase the wages offered to entice people to apply for the jobs. Wages have to be higher than what people make on unemployment or most won't get off their butts. :/

true, but then that leads to other issues. if they have to pay a higher wage to entice those workers, then they will in turn have to raise their prices when they sell their crops. Higher prices for the crops means that it will be higher prices in the grocery store. It is a trickle effect with serious repercussions.

Some day people are going to have to pay the real cost of living. Might as well be sooner than later.

I agree actually. I was just pointing it out. In addition, if you raise the cost of food, your also raising other things. People who are barely affording to get by suddenly have to pay more for their food. Now it becomes an issue of "do I buy groceries or pay the heat? Do I feed my children or the gas bill? " and for people who are already making those decisions now it's "Do I go a second month in a row without food or go without making that house payment/rent/water/electricity/etc?". I wholeheartedly agree that we should be paying actual price for everything we buy, regardless of what it is. However, I also believe that prices on everything is overinflated and that we are paying way more than things are worth for everything.

I would prefer if the federal government began easing back on unemployment benefits. Why should a small business owner who produces a good or service have to pay more money for employees just to entice them off of unemployment?

As an unemployed person, the only taxes you are paying are sales tax on items you choose to buy.

If you are a small business owner, you are paying income tax and worker's comp which in turn are being handed out to those not working PLUS you're paying the wages of the employees that you do have.

I tend to agree with this as well. Why should the employers have to offer substantially more to get people hired? unemployment benefits were never intended as a permanent solution to not working. They are meant as a temporary help to get a person through tough times if they lose a job due to certain rather specific instances. If you are drawing unemployment benefits you should be subjected to the same taxes as working people. After all, you are in fact drawing a salary. I don't begrudge people who honestly need the help because they are trying to find a job. I begrudge giving the money to people who make a living off of it, without putting serious effort into finding a job.

 

[i_am2bz]

I would prefer if the federal government began easing back on unemployment benefits. Why should a small business owner who produces a good or service have to pay more money for employees just to entice them off of unemployment?

I have no argument with that. Being on UIB for 2 years is insane, IMHO. But I was simply reacting to the linked story, which said that jobs were going unfilled in a place where the illegal immigrants were self-deporting due to state laws. If people can more easily sit at home & collect benefits rather than take a demanding job, many are going to continue to sit, unless you make it worth their while (or force them to by removing said benefits).

Edited to add: If a person is allowed to collect UIB for 2 years, call it what it is: welfare.

 

[AL]

rushing through at work.... had this from a financial email I receive periodically

Our economy is in complete disarray. But its been that way since the recession began.

Unfortunately, the worst may be about to hit us. And I can feel the panic beginning to sweep through our economy.

Last week we saw both the stock market and gold prices plummet.

And this week has brought additional volatility that has left average Americans uncertain of whats to come.

But the experts are starting to come to a consensus. And its not good.

Famed economist Robert Shiller now warns that the stock market is "still high by historic standards," and that we havent seen the dramatic correction yet that occurred during the Great Depression.

Dallas Fed President Richard Fisher says that Bernankes Operation Twist will be working against job creation."

And probably the most shocking prediction comes from New York Times best-selling author and internationally respected economist Robert Wiedemer.

Recently he sat down for an interview with Newsmax to explain how America could fall into a situation with 50% unemployment, a 90% stock market plummet, and a second housing collapse.

 

[TanksHill]

The only reason the Market is still running is because the Fed keep printing more money to keep it afloat.



North American Union, Amero?????

http://www.youtube.com/watch?v=T74VA3xU0EA
http://www.youtube.com/watch?v=6hiPrsc9g98

 

[Toulle]

And speaking of the zombies protesting on Wall St (& elsewhere)...does anyone think the protests will get out of hand (turn violent, like in Greece), or will the zombies all sorta slip away when it starts getting really cold out...?

Well, you have a bunch of bored, broke kids, looking for something "meaningful" or at least rebellious to do... Of course it'll get out of hand! The cold WILL definitely put a stop to it though. I doubt any of the protesters know what capitalism actually is. They're just filling time between unemployment checks.

Very astute. Very well phrased. I wish I had said that.....

 

[Toulle]

Ya'll lost me when you brought up Glen Beck and Nostradamus

sorry just not my cup of tea

 

[moolie]

true, but then that leads to other issues. if they have to pay a higher wage to entice those workers, then they will in turn have to raise their prices when they sell their crops. Higher prices for the crops means that it will be higher prices in the grocery store. It is a trickle effect with serious repercussions.

Some day people are going to have to pay the real cost of living. Might as well be sooner than later.

I agree, moolie. Cheap food should not be used as an excuse for allowing millions of people, who may have nefarious intentions, to flood the border.

It's not the alien workers who have nefarious intentions, the majority of your illegals are just trying to make a living and take care of their families like everyone else. It's too bad that everyone gets painted with the same brush.

The average US citizen has actually created the US-Mexico cross-border worker problem by demanding cheap food and not being willing to work the jobs that immigrants are only too happy to do out of desperation to care for their families. If they couldn't get jobs in your country, they'd stop coming. However their labour is required to maintain the American status quo.

Some day people are going to have to pay the real cost of living. Might as well be sooner than later.

I agree actually. I was just pointing it out. In addition, if you raise the cost of food, your also raising other things. People who are barely affording to get by suddenly have to pay more for their food. Now it becomes an issue of "do I buy groceries or pay the heat? Do I feed my children or the gas bill? " and for people who are already making those decisions now it's "Do I go a second month in a row without food or go without making that house payment/rent/water/electricity/etc?". I wholeheartedly agree that we should be paying actual price for everything we buy, regardless of what it is. However, I also believe that prices on everything is overinflated and that we are paying way more than things are worth for everything.

See, if you pay the workers a fair wage, the cost of living increases become moot. There is a tipping point to everything.

It's been mentioned in this thread that people are unwilling to work low-paying jobs. I'll submit that those people would still refuse to take labour-intensive jobs even if they paid as well as their cushy old office/tech jobs did.

People who are actually willing to work should get paid accordingly for that labour, after all--what's more important than feeding the nation?

Some prices of non-food items are definitely over-inflated--it doesn't cost that much to build a tv, it's just plastic and small electronic parts. However there is huge demand for this type of product, thus the cost. Plus the fact that all tech products are manufactured offshore (adding on shipping costs) by, again, cheap labour. But no one in America wants to build tvs for peanuts. Same thing with cars--they're not that expensive when you consider the parts and hours of labour it takes to make a car, however this industry is different in that the labour unions ensure that the workers get a decent wage, thus why automobiles are still manufactured in North America. It's not a perfect system, but I personally believe that if we paid people a fair wage for their work, the system would work better because the workers could afford the products.

There's no way to fix the whacked-out priorities of the people who'd rather spend on tvs and cars than on good food, or the people who are too lazy to put in a day's work, but the Darwin effect should eventually take care of that--adapt or die.

 

[BarredBuff]