Some interesting census numbers....

[CosmicCowboy]

OK, argue these numbers. Says basically the same thing. We have the lowest labor participation rate since 1978.

http://data.bls.gov/timeseries/LNS11300000

[boutons_deux]

Walmart Worker: Why Did the Waltons Get $8 Billion in Subsidies While I Had to Pay Taxes?



While millions of working- and middle-class Americans pay taxes each year, the richest family in the world—the Waltons—received nearly $8 billion in tax breaks last year, according to a new report by Americans for Tax Fairness, a campaign fighting for progressive tax reform.

That’s why Walmart worker Richard Reynoso and his fellow co-workers decided to bring the $7.8 billion tax bill to Walmart Chairman Rob Walton’s doorstep on Tuesday.

The report stated that in 2013, Walmart received about $6.2 billion in federal taxpayer subsidies because its employee wages are so low.

Many employees, in turn, are forced to rely on healthcare, food stamps and other taxpayer-funded programs.

The corporation then further evaded $1 billion through tax breaks and loopholes.

The Walton family, in addition, avoided about $607 million of taxes on their Walmart dividends.

http://www.alternet.org/activism/wal...-had-pay-taxes

[Winehole23]

OK, argue these numbers. Says basically the same thing. We have the lowest labor participation rate since 1978.

fewer workers supporting more social parasites. got it. what's your point?

[pgardn]

In my work if I get ty numbers like this that look to have been manipulated and I don't ask someone to check my reasoning then what I am paid to do could lead down a road of a huge amount of waisted time (WORK) experimenting with the wrong problem.

I must be missing something. Now I will stay up all night. And spend months of fruitless thinking. Which I do perfectly well outside of work.

[Winehole23]

kicking everyone off the dole and cancelling everyone's health insurance would ease that burden for sure. is that what you're for?

you'd be cutting off the limb you plan to sit on but the fact is, you don't really need to suck on the government -- you just prefer to whenever it's offered.

[pgardn]

OK, argue these numbers. Says basically the same thing. We have the lowest labor participation rate since 1978.

http://data.bls.gov/timeseries/LNS11300000

I don't want to argue. I want someone to check my reasoning.

So I look at the above and I'm ok.
If you want a possible explanation, I would have to look at the age demographics as I would guess this plays a large role. But there could be many other contributing factors as well that are more important. I'm sure there are many economists that have looked into explanations.

[Winehole23]

you'd be cutting off the limb you plan to sit on but the fact is, you don't really need to suck on the government -- you just prefer to whenever it's offered.

[Winehole23]

I said no such thing.

Your OP implies it. You tried to argue that government was intrinsically unproductive and fell on your face more or less instantly.

Do you agree or disagree with what your own OP says, CC? If so, how do you agree or disagree with it?

[CosmicCowboy]

Seriously WH. I used the article simply for it's compilation of the census numbers. I was not necessarily agreeing with the agenda of the author.

The intent was to provoke conversation on the numbers, not to defend his position.

And yes, I will take advantage of any government tax credits, deductions, SS, Medicare etc. offered to me with zero guilt.

I have paid over a million dollars of tax in my lifetime. No guilt at all.

[Winehole23]

you're en led to public largesse because you don't need it, the rest of us are social parasites. makes sense to me.

[Winehole23]

lol "not necessarily" going along.
lol just talking about the census numbers.

[boutons_deux]

"simply for it's compilation of the census numbers."

cherry picked to support his agenda, with no social/economic context, no reasons why these numbers are now, nor what they were earlier, no trends,

just "govt employess and govt assisted people too numerous. I'm trying to outrage pitbull 's Real Americans, bubbas, rednecks, gun fellators who are "enduring" the situation"

also did not mention that the number of govt employees at all levels has declined starting with Banksters Great Depression

[CosmicCowboy]

you're en led to public largesse because you don't need it, the rest of us are social parasites. makes sense to me.

you sure are in a y mood today!

Public largesse? The government gives tax credits and deductions in order to influence behavior. So they influence my behavior and I accept the credits and deductions. I bought electric vehicles. I bought solar panels. Big ing deal. I did what the government wanted.

[Winehole23]

what was your point about the census numbers again?

[Winehole23]

you never quite got done clearing your throat.

[SnakeBoy]

This is an emotional hit piece to rabble rouse the likes of CC,WC, Snakeboy and TSA.

Why you trying to drag me into this? I've never been against social welfare, that territory belong to CC & WC. The only thing those numbers are indicative of is the poor state of our economy.

[pgardn]

Why you trying to drag me into this? I've never been against social welfare, that territory belong to CC & WC. The only thing those numbers are indicative of is the poor state of our economy.

So we got the numbers of people who get up and work 86,000,000.




but...




In the last quarter of 2011, according to the Census Bureau, approximately 82,457,000 people lived in households where one or more people were on Medicaid. 49,073,000 lived in households were someone got food stamps. 23,228,000 lived in households where one or more got WIC. 20,223,000 lived in households where one or more got SSI. 13,433,000 lived in public or government-subsidized housing.?




So these are numbers given per household? Why not just count the number of people that get food stamps like workers were counted? Why not just count the number on Medicaid? So 3 kids live in a household where grandpa gets Medicaid and the parents both work. Right there you have 6 people from one household tied to Medicaid? 6 that are apart of that 82,000,000. When only ONE person is on Medicaid.




Am I really reading this blatant misuse of statistics? Seriously, I gotta be missing something. A little help over here please.

Ok Snake, tell me what you get from the numbers.
I get an absolutely blatant misuse of numbers.

[SnakeBoy]

Ok Snake, tell me what you get from the numbers.
I get an absolutely blatant misuse of numbers.

Uh...I just did...

The only thing those numbers are indicative of is the poor state of our economy.

[pgardn]

Uh...I just did...

Well then I pity your ability to reason given the numbers the Original article gave.
i know what it's intended to say. But that's not what those numbers say.

[Th'Pusher]

Why you trying to drag me into this? I've never been against social welfare, that territory belong to CC & WC. The only thing those numbers are indicative of is the poor state of our economy.

Sorry. My mistake. As I know you're a consumer of Sean Hannity I reflexively lumped you in with the rabble that get roused by the op.

[Th'Pusher]

CC got to the shop this morning at the crack of dawn, fired up the old desktop, stared out the window at the wasteland that is fox tech, then began getting emotional about how SAISD is driving down his property value so he started banging around the net hitting all the conservative websites till he came across this jewel at cns news. He thought it was so provocative and insightful, he had to share it...

[TeyshaBlue]

cherry picked to support his agenda

, please.....


boutons nothing to say

[scott]

Agreed.

Point being, if I pay you a dollar, you then pay Fred a dollar, Fred then pays George a dollar, George then pays Mary a dollar, Mary then pays Sally a dollar....iIt's not five dollars....t's still just one dollar of value that had to be originally produced by someone...

Maybe I'm misunderstanding your point... but I disagree with your premise here.

If I pay you a dollar for something I think is worth a dollar... and you pay Fred a dollar for something that you think is worth a dollar... and Fred pays George a dollar for something that Fred thinks is worth a Dollar... and George pays Mary a dollar for something George thinks is worth a dollar... and Mary pays Sally a dollar for something Mary thinks is worth a dollar... we definitely have 5 dollars worth of value. The dollar doesn't have an intrinsic value, it's the stuff that dollar bought that does.

What you're essentially describing is the velocity of money. The more times the same dollar is spent (velocity), the higher nominal GDP is.

Algebraically:

M * V = P * Y

Where:

M = Money supply
V = Velocity
P = Price level
Y = Real GDP
(And P * Y = Nominal GDP... and skipping ahead to the punchline, we observe monetary neutrality and that a chance in M will only have a change in P. Also skipping ahead to the punchline, we observe that V is very stable over time)

Further elaboration will invoke an invoice at the rate equal to the amount of my last 3 years at the University

[scott]

Or we can chat next time I see you, but I imagine we could find something more interesting to discuss

[CosmicCowboy]

Or we can chat next time I see you, but I imagine we could find something more interesting to discuss

LOL, I'm sure we will.