7.10 http://biz.yahoo.com/rb/030710/economy_6.html
They say new jobless claims hit a 20-year high
but i am wondering if any of this is due to the
fact more people were employed during the dot-com
boom so there are more potential workers out of jobs
and also, is it because they are simply more people
in the workplace due to population growth and the fact
that the past good economy got some people to get off
their lazy ass and get a job? Or are all these factors
already deducted from the statistics?
\_ percentages of poeple filing are really high too. The fact
is that things are bad out there.
\_ It's sort of like how recent movie hit all-time box office
highs in ticket sales, but do they consider that tickets now
average nearly $10 while in 1977 i saw Star Wars for $3.00?
\_ Well, at least one site, http://boxofficemojo.com, does (Gone With
The Wind is #1 all-time)
\_ Yeah I hate that.
\_ actual unemployment is usually a lot higher than the published
the figure most of the time. Further, If a person who is too
lazy to look for a job, he won't be counted as an unemployed.
Population is always growing, so that is not an excuse. The real
issue is that we are in a post over-produced economy, and there
isn't a clear way to get out of it. History is not very
encouraging, as last time we got out of the mess by declar war
on Germany and Japan.
\_ See? Bush is trying to get us out of the oncoming Depression!
Why can't we all just help him start WW III ?
\_ Anyone too lazy to look for a job (your crack mama) shouldn't
count as unemployed. She goes on permanent welfare and ends up
counted under a different statistic and rightly so. Part of the
problem in tech is the H1b program. With zillions of qualified
Americans unemployed they're still letting in foreigners under a
program intended to let in foreigners only to fill jobs where no
qualified American is available. And worse is abuse of the L
program which has even fewer restrictions on who can come in, do
what, for how long and how much.
\_ what a shitty little troll you are.
\_ I'm glad you took the time to respond to something that
professional economists and others have pointed out for
years with an empty personal attack. My points stand and
you're wasting bits until you say something worth posting.
\_ Businesses have cried that there aren't enough H1b
visas issued! It's all about the free market; local
labor prices themselves right out of it. Why pay more
when you can get an H1b guy who won't complain or
join unions? Are you saying that companies that are
using H1b's are intentionally driving this economy
down?
\_ The H1b program was not created to push labor prices
down. It was very specifically created to allow
companies to hire foreigners when there wasn't a
qualified American available. It had nothing to do
with the free market or labor rates. Any other use
is an abuse of the program.
\_ that's how they described it but it's pretty clear
that in practice it's just a cheap labor device.
"qualified" and "available" in that criteria are
just too hard to enforce.
\_ No, there are very clear regulations that state
how much effort a company must go through to
try to not only hire an American but *replace*
H1b workers with an American. The only problem
here is abuse of the program which the feds
allow by ignoring it. The difference here is
that I'm talking about the law and you're just
writing whatever you 'feel'.
\_ His feelings are as valid as a law that
is ignored.
\_ No because the law could and should be
enforced. His feelings should not.
\_ Abuse is not the "only problem". The law
itself is the problem when it is too hard
to enforce/easy to abuse. God you're dumb.
\_ It isn't too hard to enforce. They
choose not to. Thanks for the babyish
personal attack. You look so smart now.
\_ Business would prefer to pay $1/hr to workers for
80 hour work weeks, are you in favor of that, too?
\_ Yes, and it would work like this: There aren't
that many people willing to work in those
conditions, and there would be a labor shortage.
To attract more workers, businesses would raise
wages and/or give other benefits, until a balance
was reached. Free market all the way.
\_ Let's see, there are 800 M Chinese willing to
work for $1/hr and 100M Americans who are not.
How low do you think wages would go under your
plan?
\_ who the hell are you to cry about your
artificially high wages?? If businesses
*want* to lose money they can overpay
for american workers. Get some more
marketable skills; not all workers add
the same value to a company.
\_ There are so skill so marketable that
your job can't be outsourced for less to
a third world country. What set of
skills should we all go get that can't
be sent overseas? |