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Business Title: How Government Creates Unemployment How Government Creates Unemployment
Economics isn’t hard, unless you’re a liberal. Republican governor Chris Christie mocked a network graphic insisting that 55 percent of New Jersey residents think he’ll be Vice President and 68 percent don’t. In case you don’t see the problem with these numbers, 68% + 55% = 123%. We’ve heard about giving “100 and 10 percent,” but that’s a sports number. Christie remarked about the 123% number, “That sounds like Democratic math!” Indeed. The same is true when it comes to things like youth unemployment. They can’t understand how the unemployment numbers for teenagers is so high. It’s quite simple: minimum wage laws. It used to be that when two people competed for the same job, the person who could undercut the cost an employer had to pay was in the running for the job, even if he didn’t have a lot of experience. An employer could take a risk on someone with a lack of experience because he didn’t have to pay him what an experienced worker might demand. Many of the jobs available to teens were low skilled anyway. By making it illegal to pay someone less than a government-mandated minimum wage, those with less experience are at a disadvantage. Employing teenagers is now a classic Catch-22 dilemma. “Do you have experience?,” the shop owner asks. Knowing how to add, the teenager is honest and shows initiative by answering, “No, but I’m willing to work at a lower wage to gain experience.”
“Sorry,” the shop owner says. “I would be breaking the law if I hired you for any amount less than the minimum wage. I can hire someone with experience at the same wage I’d have to hire you.” “But I can’t get experience if you won’t hire me.” “Tough luck. Write your congressman.” Brian Levine, co-owner of Tropical Smoothie Café knows how to add, but he also knows the law and the logic of the market place: “A lot of it comes down to what we can afford, versus the hours they’re available to work. We are more or less, the minimum wage type of place. I would obviously prefer to pay minimum wage, but I’d also go for an adult and pay them an extra dollar an hour. They’re available, have more experience and are quicker to train.” Renee Ward, founder of job posting site Teens4Hire.org, can also add. “If you have two candidates for a job, and one has experience and will take $10 an hour, and the other is a teen with no experience, who do you think would get the job? When jobs aren’t there for anyone, it’s that much harder.” Once again, government is the problem not the solution to job growth. Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest Comments (1-73) not displayed.
#74. To: A K A Stone, CZ82 (#70) (Edited) Actually. You, LM and other libs regularly cite Somalia as an example on a whole host of issues. It is a disingenuous argument as Somalia is not the United States of America. The differences are far greater then we have a minimum wage and they don't. Yet you and CZ can't even cite one example to counter it. Somalia is the US after you libertarians are done with it. You two guys are always holding up Israel as an example to emulate, so there should be plenty of free market examples there for you to cite. Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET #75. To: lucysmom (#73) Stone, you need to read the article CZ posted. The same is true when it comes to things like youth unemployment. They can’t understand how the unemployment numbers for teenagers is so high. It’s quite simple: minimum wage laws.
#76. To: mininggold (#74) Somalia is the US after you libertarians are done with it. So finally you come clean. You were comparing us all along. I knew it. You knew it. CZ knew it. LM knew it. I'm not sure if war knew it or not though. He's challenged.
#77. To: A K A Stone (#76) So finally you come clean. You were comparing us all along. I knew it. You knew it. CZ knew it. LM knew it. I'm not sure if war knew it or not though. He's challenged. I never denied "I" did!!!!!!!!!!!!!!!!!!! You on the other hand evidently have no counter example to cite. Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET #78. To: mininggold, war (#77) I never denied "I" did!!!!!!!!!!!!!!!!!!! Told ya so.
#79. To: A K A Stone (#78) (Edited) Told ya so Show me where I denied MY using Somalia as an example.
BTW when are you going to accuse CZ of wanting an unregulated, free, abortion service providing market? Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET #80. To: A K A Stone (#75) The same is true when it comes to things like youth unemployment. They can’t understand how the unemployment numbers for teenagers is so high. It’s quite simple: minimum wage laws. Does the author claim that is only true in the US? Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1 We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul #81. To: mininggold, war (#79) Told ya so LM used it too. The told ya was to war. You and LM used it in the same context.
#82. To: lucysmom (#80) Does the author claim that is only true in the US? That is kind of like saying that the back of the pack of kool aid says add sugar but it doesn't tell you not to put pissy toilet water in it.
#83. To: A K A Stone. war (#81) (Edited) LM used it too. Then why is it directed to me, using a post of mine as the example? Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET #84. To: A K A Stone (#72) Lets ad in back alley abortions. I would rather see the bitch die then get a "safe abortion". What about the use of IUDs and the pill? Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1 We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul #85. To: lucysmom (#84) What about the use of IUDs and the pill? I must be dumb. I don't know what IUD's are. If some woman wants to take the pill that is ok I guess.
#86. To: A K A Stone (#82) That is kind of like saying that the back of the pack of kool aid says add sugar but it doesn't tell you not to put pissy toilet water in it. Oh my, Stone. That's way to deep for me. Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1 We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul #87. To: mininggold (#83) Then why is it directed to me, using a post of mine as the example? Maybe because in the back of my mind I kind of think you two are the same.
#88. To: lucysmom (#86) Oh my, Stone. That's way to deep for me. I could have used this example. My old boss was mixing up some putty one day. It took part A and part B. It is made by Abatron. He added some tar stuff. I said why did you think that would work. He said it didn't say you couldn't add the tarry stuff to the mixture. That was pretty much your argument.
#89. To: A K A Stone (#85) I must be dumb. I don't know what IUD's are. If some woman wants to take the pill that is ok I guess. The IUD prevents pregnancy by preventing the fertilized egg from implanting. The pill primarily works by preventing the release of an egg, and secondarily by preventing implantation and is thus classed as an aborficant by right to lifers. Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1 We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul #90. To: A K A Stone, war, Lucysmom (#87) Maybe because in the back of my mind I kind of think you two are the same. You think I'm war or you think I'm Lucy? LOLOL Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET #91. To: lucysmom (#89) I would say if you don't want a kid don't have sex.
#92. To: A K A Stone (#88) That was pretty much your argument. Only if you think the author was writing about the US exclusively rather than an economic theory. Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1 We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul #93. To: mininggold (#90) You think I'm war or you think I'm Lucy? In the back of my mind I think it is possible that you are also LM. I'm not certain of this. But you two agree on everything. When I'm talking to one of you and I mention the other. The other always pops up a few minutes later. You two always tag team to try to get your point across.
#94. To: lucysmom (#92) Only if you think the author was writing about the US exclusively rather than an economic theory. Only the U.S. was mentioned as far as I recall. But I just skimmed through the article.
#95. To: A K A Stone (#91) I would say if you don't want a kid don't have sex. Good luck with that! Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1 We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul #96. To: A K A Stone (#88) My old boss was mixing up some putty one day. It took part A and part B. It is made by Abatron. He added some tar stuff. I said why did you think that would work. He said it didn't say you couldn't add the tarry stuff to the mixture. Buy it already mixed, it's just as cheap. The new vinyl stuff is great. Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET #97. To: lucysmom (#95) Good luck with that! Well that is what happens.
#98. To: A K A Stone (#94) Only the U.S. was mentioned as far as I recall. But I just skimmed through the article. The United States wasn't mentioned once. Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1 We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul #99. To: mininggold (#96) Buy it already mixed, it's just as cheap. The new vinyl stuff is great. Abatron makes the best wood epoxy/filler I have ever used. You can mainly only get it mail order. It is a good product. The bondo or minwax woodfillers are also good. You can get them at Lowes/Home Depot. The vinyl stuff sucks. It shrinks and dries to slow. It also can't be sawed, planed or drilled. You can replace an entire piece of wood that is gone with the abatron. It takes an artists touch to get it back to the original shape the wood was.
#100. To: A K A Stone (#97) Well that is what happens. No wonder you right to lifers are so cranky. Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1 We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul #101. To: lucysmom (#98) The United States wasn't mentioned once. Read the article. They are talking about the United States.
#102. To: lucysmom (#100) Well that is what happens. No wonder us right to lifers think you right to murderers are sick.
#103. To: A K A Stone (#99) Abatron makes the best wood epoxy/filler I have ever used. You can mainly only get it mail order. It is a good product. The bondo or minwax woodfillers are also good. You can get them at Lowes/Home Depot. All the painters in my area swear by the vinyl. I've used the Minwax in the past. It worked very well. I need to restucco a portion of the house. What do you suggest I use for the epoxy? Almost every country in the Middle East is awash in oil, and we have to side with the one that has nothing but joos. Goddamn, that was good thinkin'. Esso posted on 2012-01-13 7:37:56 ET #104. To: mininggold (#103) Abatron makes the best wood epoxy/filler I have ever used. You can mainly only get it mail order. It is a good product. The bondo or minwax woodfillers are also good. You can get them at Lowes/Home Depot. To patch stucco I would use stucco. Vinly patching stuff is ok for small nail holes and stuff like that. Abatron is for that and many more things. Here is their site. www.abatron.com/ Here is an example of their product. I know it is off topic.
#105. To: mininggold (#103) I've used the Minwax in the past. It worked very well. Minwax is good. I also like their wood hardner. The minwax is overpriced though. The bondo wood filler and some off brand is much cheaper and the exact same thing. Lowes sells one and Home Depot sells the other.
#106. To: A K A Stone (#68) (Edited) Give it up Stone. Your efforts to look more stupid that you already do is impossible. I'll believe that a corporation is a person 1 second after Texas executes one... #107. To: war (#106) You efforts to look more stupid that you already do is impossible. Next time you call someone stupid you should talk in real sentences.
#108. To: A K A Stone (#107) Someone told you that I made a typo? I'll believe that a corporation is a person 1 second after Texas executes one... #109. To: mininggold (#30) But most of those making minimum wage are still living with Mommy and Daddy...... Did you fall off the wagon??? It sounds as if you chugging Nyquil again...... Quiz of the Day: Who made the statement "The world would be a better place if only Men were to vote?????? HINT: It was a woman!!! #110. To: lucysmom (#27) 51.2% of minimum wage workers are 16-24 years old; 21.2% are 25-34 years old. Am I correct in assuming the 20 some % that are left are older retired people supplementing their income???? Quiz of the Day: Who made the statement "The world would be a better place if only Men were to vote?????? HINT: It was a woman!!! #111. To: CZ82 (#110) Could be. Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1 We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul #112. To: lucysmom (#111) Could be. Minimum wage and sub minimum wage workers make up about 6% of the hourly paid workforce.... Now if those statistics you gave me are correct that means for 75% of those 6% it's actually not a problem because they have other income or assistance... So.... Minimun/Sub minimum wages only seem to be a problem for about 1-1/2% of the hourly paid workforce not the total workforce..... So what are we talking about here 1-2 million people???? So what can be done to fix the problem???? My suggestion is the government needs to quit meddling in things it doesn't understand and also to fix the tax system..... By the way the last time the percentage of people in the workforce that are working for minimum wages was this high was in 1979.... (Jimmy Carter)... Coincedence or pattern???? HHmmmmmmm........... Quiz of the Day: Who made the statement "The world would be a better place if only Men were to vote?????? HINT: It was a woman!!! #113. To: CZ82 (#0) (Edited) Republicans are doing their very best to make us look more and more like China. Let's get of the unions, get rid of minimum wages laws, get rid of regulations. I am sure their corporate sponsors would be delirious but the rest of America would suffer.
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