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More likely we will be discussing the velocity of Scott's beer sales.
I would suggest we study the velocity of Scott's beer.
More likely we will be discussing the velocity of Scott's beer sales.
Boots...
Look at what I wrote.
Those numbers are meaningless.
They are manipulated INVALID comparisons.
There is really nothing to discuss.
Ok. Argue these numbers.
What's your goddam argument, CC?
oh right, "posted without editorial comment"
lol having the cowardice of your own convictions
lol running away from your own OP as well the numbers you claim to be interested in
As I was reading that, I was thinking:
1) what about those on full time jobs that also receive benefits?
2) we do have a demographics where we have a whole lot of older people (retiring/retired, getting their welfare) and not enough young people. If we pretend money supply is fixed, short of screwing older people, there's no obvious solution to it.
Fortunately for the US, money supply isn't fixed (not infinite either, obviously). So the obvious solution is a combo of both growth and increased money supply so we don't screw up CC's welfare checks, and there's no such major burden to younger people (who aren't necessarily to blame for lower birth rates).
growth is the key there. without it countercyclical policy results in banks and big business sitting on anic piles of money.
growth? no. almost all gains of growth (of GDP, a ty measure of economy) go to the 1% and corps, not to the 99%.
the key here is reverse the redistribution upwards to the 1% done by govt policies, to stop preferring capital (gains) to labor (earned income)
how to reverse the redistribution? reverse the tax policies of the past 40 years so that capital gains and high incomes are taxed heavily AGAIN.
Also tax ALL financial transactions. so govt has the money to invest in the productive economy (solar, wind, electric grid, public transport, water, research, etc).
The key PROBLEM is that the corps and 1%, through their protection racket of their Repug proxies and esp the astro-turf tea bagging Repugs, block all PROGRESS back towards more equitable economy.
Last edited by boutons_deux; 04-19-2014 at 09:51 AM.
Growth is preferred because it also helps remove people from welfare, so it has a double effect to address the problem.
But growth is also difficult to achieve when you're uncompe ive (largely the situation we're in now).
There's many routes to become compe ive again (the one govt can control is gradually increasing the money supply to the detriment of standard of living), but that's a different topic altogether.
"Growth is preferred because it also helps remove people from welfare"
... no. Unemployment and welfare are still way way away from healthy while growth 1%'s/corporate wealth has exploded.
iow, St Ronnie-nomics' trickle down is a HUGE LIE
So your solution is bigger government?
of course, what's the problem?So your solution is bigger government?
Do you read what you post?
of course, what's the problem?
I'm not debating it, since it's actually quantifiable. ie: Foodstamp recipients grow during an economic downturn, they decrease when the economy is growing.
gfy :p
show the welfare/snap/whatever stats from 2007 to now
ha ha ! told ya!
this bull called GDP, corporate profits, stock market, M & A activity, executive compensation, all up, all "GROWTH", for the past couple years, but people on public assistance has been, yes!, GROWING, too.
"growth" isn't growing for the 99% like it is for the 1% and corporations, because the system has been rigged to enrich top by sucking wealth from the 99%.
All boats don't get floated, trickle down is a huge VRWC/Voodoo St Ronnie-nomics LIE.
"Let us 1% make $Ts by cutting our taxes and deregulation, and we 1%ers will trickle down our wealth to all y'all workers"
Since the Banksters Great Depression, 90%+ of the GROWING income has gone to the 1% and corps. trickle trickle!
Participation dropped every time GDP growth exceeded 5%... Last time that happened was during 2005 (middle of the housing bubble)... also happened more often during the dotcom bubble...
ha ha, told ya!
GDP. it is less and less a measure of the income, wealth of the 99%. The economy has been financialized, capital is vastly more, and increasingly more important than labor. So drop GDP as a measure of the well being of the 99%, and above all of Bishop Gecko's 47% which contains the people on public assistance.
The Economy Is Improving, But Not for Everyone
The BLS reported today that weekly earnings for full-time wage and salary workers rose 3 percent in the first quarter of 2014 compared to a year ago. Since inflation is running at 1.4 percent, that's good news. Earnings are going up.
But wage gains are pretty unevenly distributed. Jeffrey Sparshott passes along a recent Labor Department note which concludes that all of the wage gains since 2009 have gone to the top 40 percent. The poor, the working class, and the middle class have seen no gains at all. This is reflected in the chart on the right, which shows weekly earnings for production and nonsupervisory workers. Weekly earnings for this group have been rising at a rate slightly above inflation for the past year, but not by much. Nor is that number getting better: In the first quarter of 2014, weekly earnings rose only 1.8 percent.
There are some positive signs that the labor market is tightening a bit—decent job creation rates, fewer unemployment claims, rising earnings for full-time workers—but not everyone is benefiting. This remains a pretty uneven recovery.
http://www.motherjones.com/kevin-dru...g-not-everyone
I expect the recovery for the 47% will remain "uneven", aka ty, long term.
You don't have to like it, but that's how we measure growth in economic terms.
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