Good economic news.
Viejo Vizcacha
http://www.theonion.com/content/news/labor_dept_available_labor_rate
Canuck57
> The number of potentially employable people keeps rising in the US.
>
> http://www.theonion.com/content/news/labor_dept_available_labor_rate
While "The Onion" is a parody/humorous web site, there is ironic truth
to the article.
And think, leaders of Canada and the US will be quick to declare the
recession over as inflation kicks up the GDP and we have a "jobless"
recovery. Lots of low end jobs... Many don't rememebr 1982, how it was
declared over but took more than a decade for net household incomes to
rise again.
People don't get it, the liberal currency management, liberal debt
accumulation and liberal taxation has robbed this generation of new
workers into taxation servatude and a whopping drop in standard of
living. We truly follow the pied piper politicians to hell on this one.
And I bet the people vote for the same old crap next year.
Viejo Vizcacha
I beg to disagree.
When I was a child, my father encouraged me to study with the threat
that, otherwise, I would end up shouldering bags and boxes at the
harbour front. That job no longer exists, and harbours are now filled
with containers. Many people, even children, used to work in textile
jobs, doing menial jobs in farms, cleaning warehouses, doing the
laundry of middle class families, taking care of animals in farms, or
working during harvest, fixing watches, radios, and silk stockings,
and so many jobs that nowadays no longer exist, or were shipped
overseas.
It is very nice to want to have those "good jobs" that pay 30+ dollars
an hour, but we should consider that there are many people who cannot
qualify for those jobs. Let's face it, by the mere definition of IQ,
50% of the people is below 100. That people might not deserve to have
a swimming pool in their backyard, but they certainly deserve to have
a decent meal at their table, health coverage, and the chance to
educate their children so they can reach the top of their abilities.
VV
Don H
news:4736ee16-9e55-4d71...@e37g2000yqn.googlegroups.com...
I beg to disagree.
VV
# Containers on wharves were introduced partly because of pilfering by
wharfies from boxes and bags - long after the daily fight for a job on the
wharves by desperate unemployed.
Local capitalists gloated as factory jobs were exported, and local
workers dumped into unemployment. However, the result now comes back to
haunt us, as we pay for importation of manufactured goods we once made
ourselves.
This is partly the reason why USA has a large deficit, and China a
surplus, on current account - but can be somewhat remedied by reversing the
process: start up factories at home, and thus avoid need to import. GM went
broke. QED.
The capitalist economic system is obsolete, and unless this is faced,
then recurrence of Boom and Bust will continue.
Recovery of Wall Street is a false dawn - it means exploitation is back
in action, whereby there are those who do the work, and those who get the
profit, and so the rip-off goes on.
Until there is Industrial Democracy, then a General Election, such as
looms in Britain, will be between kindly capitalism and callous capitalism -
a type of parlour game, in which the more things change, the more they
remain the same.
It may be of significance that the Czech Republic is considering
banning the still-extant Communist Party. Why should the Commos pose any
kind of threat - unless Capitalism is in crisis? Not that the Comms have
the solution, but the alternative could be Fascism. Unless, of course,
Industrial Democracy, and an overall Rational Economy (as distinct from
Economic Rationalism). Get rid of the privateers and gobbleusts, too.
Canuck57
Ever seen what a dock worker in BC makes? It is obscene stupid for a
grade 12 flunky. The only reason they get it as the local mafia-union
is militant enough and politicians don't want to get involved.
And they pack it in containers so it isn't as easy to steal.
> It is very nice to want to have those "good jobs" that pay 30+ dollars
> an hour, but we should consider that there are many people who cannot
> qualify for those jobs. Let's face it, by the mere definition of IQ,
> 50% of the people is below 100. That people might not deserve to have
> a swimming pool in their backyard, but they certainly deserve to have
> a decent meal at their table, health coverage, and the chance to
> educate their children so they can reach the top of their abilities.
Unless going to extremes, my experience is wisdom and desire are more
important than IQ. Someone who tries with a passion is going to make it
more often than the someone with the IQ. IQ helps, don't get me wrong,
but it isn't the be all and end all.
While I agree that everyone desrves a minimum if they work, our society
isn't that socially evolved at all. Still resembles a colony of angry
frustraighted gang rats. Take for example GM CAW supporting the tax
rape of people across the country. If fairness had anything to do with
it why does a $40++/hr with more benefits than hades has whores CAW
grade 12 flunky think that a lesser wage person paying taxes in 9 other
provinces should have to bailout his/her sorry greedy ass?
It has to do with organized greed, entitlement and envy. Good union
leaders, big shot politicians and successful CEOs all know how to turn
the sin in our souls to their music.
Now rest up, 2010 is a new year. And the government now has bank, GM
and Chrysler debt for you to pay via taxation. 2009 was a bad year for
Canadians as our corrupt government saddled us with about $100 billion
more debt, so that banks, GM, Chrysler and others got a free ride on
their gross negligence and greed.
rudolph (the red)
"Canuck57" <Canu...@nospam.com> wrote in message
news:prRZm.8609$8e4....@newsfe03.iad...
=======================================================
You have my sincere condolence, seeing that you fail on all counts
olde.sault
> The number of potentially employable people keeps rising in the US.
>
> http://www.theonion.com/content/news/labor_dept_available_labor_rate
A similar situation to that of Australia. . .
Does America import Chinese goods that puts Americans on the scrap
heap?
Where is the logic in this policy?
The idle need support so those working, have to pay extra tax to feed
those who don't. Most of the latter are not lazy just that jobs aren't
available.
Have our politicians organized this to undermine their citizens' self-
esteem?
Is that the reason for the rise in thefts, bashings, gang-warfare,
etc. (putting the suicide rate aside).
Never mind, the Chinese are looking so much happier these days!
As an afterthought, do migrants help or cause the economy more
headaches?
OS
Casey Terry
Immigrants in Canada assist us in many ways. Statistics say that an
immigrant arriving here at the age of 20 will probably earn equally as
a native born like me. My family has been here since the early
1800's.
Also, Canada is a vibrant and expanding country whose population in
1967 was about 10 million less than today, and we are a nation with a
deficit of birth. Our births are not exceeding our deaths when it
comes to the likes of me and the "originals". Our idea of social
security is vested until 2060. The USA is afraid of it going broke
any time now.
Heck! Bush wanted to invest the Social Security plan into the stock
market. However that would have been a disaster considering the
events of Autumn 2008.
But only because of an expanding workforces that contribute to the
pensions of those like me one day are we vested to the date well after
I will probably die. I was born in 1958.
The bottom line? Canada needs immigration to survive into the 21st
century.
On the other hand, getting people to be like us will be difficult. I
don't expect an Australian to move to Toronto and make his kid an ice
hockey player over night.
olde.sault
"deficit of birth"?
What do you people eat so not to breed like insects?
Most of the world's wise think that over-population is the cause of
most of the world's problems..
Look at India's people living in squalor, at the Africans, where
disease and wars never end!
That's because there is not enough food for their growing numbers.
OS
Our idea of social
> security is vested until 2060. The USA is afraid of it going broke
> any time now.
>
> Heck! Bush wanted to invest the Social Security plan into the stock
> market. However that would have been a disaster considering the
> events of Autumn 2008.
>
> But only because of an expanding workforces that contribute to the
> pensions of those like me one day are we vested to the date well after
> I will probably die. I was born in 1958.
>
> The bottom line? Canada needs immigration to survive into the 21st
> century.
>
> On the other hand, getting people to be like us will be difficult. I
> don't expect an Australian to move to Toronto and make his kid an ice
> hockey player over night.- Hide quoted text -
>
> - Show quoted text -
Eunometic
> On Dec 28, 12:05 am, "olde.sault" <olde.sa...@gmail.com> wrote:
>
>
>
>
>
> > On Dec 27, 8:31 am, Viejo Vizcacha <nats_ugly...@yahoo.com> wrote:
>
> > > The number of potentially employable people keeps rising in the US.
>
> > >http://www.theonion.com/content/news/labor_dept_available_labor_rate
>
> > A similar situation to that of Australia. . .
>
> > Does America import Chinese goods that puts Americans on the scrap
> > heap?
>
> > Where is the logic in this policy?
>
> > The idle need support so those working, have to pay extra tax to feed
> > those who don't. Most of the latter are not lazy just that jobs aren't
> > available.
>
> > Have our politicians organized this to undermine their citizens' self-
> > esteem?
>
> > Is that the reason for the rise in thefts, bashings, gang-warfare,
> > etc. (putting the suicide rate aside).
>
> > Never mind, the Chinese are looking so much happier these days!
>
> > As an afterthought, do migrants help or cause the economy more
> > headaches?
There is no correlation between GDP and population size, it doesn't
exist. Bigger countries are not wealthier.
Plot GDP/Capita agains national population and run the COREL
function. r = minus -0.1, indicating large populations actually
impoverish ever so slightly.
The sudden population increase from immigration actually diverts funds
into infrasture towards providing for the new arrivals.
>
> > OS
>
> Immigrants in Canada assist us in many ways. Statistics say that an
> immigrant arriving here at the age of 20 will probably earn equally as
> a native born like me. My family has been here since the early
> 1800's.
>
> Also, Canada is a vibrant and expanding country
Fluffy meaningless feel good words. I've seen dead bodies left lying
for days in Bombay. Its described as "vibrant" as well..
> whose population in
> 1967 was about 10 million less than today, and we are a nation with a
> deficit of birth. Our births are not exceeding our deaths when it
> comes to the likes of me and the "originals". Our idea of social
> security is vested until 2060. The USA is afraid of it going broke
> any time now.
>
Immigration is actually causing the low birth rate.
Today raising a child requires considerable sums of money. Money to
establish a house in a good and therefore relatively expensive area
with safe neighbourhood, a neighbourhood near transport, employment
opportunities and infrastructure.
Bringing in migrants forces up the price of this kind of quality land
and housing. Its simple supply and demand.
It now takes 4/5 years of income to pay for a house in Canada instead
of the 10 months or so it took in the 1950s/1960s.
Females must therefore spend much more of their reproductively fertile
years in the workforce since the potential 'mothers' income is now
essential to supporting a mortgage.
As a result you can see you people putting of marriage, putting of
having a child because they can't afford to. By the time mum is 33
and her biological clock is screaming she has time for only one
child. She can''t afford to take time of work for a second one.
Its all due to immigration raising the population artifically fast.
At the same time all of that long term insfrastructure built up by the
parents of Canadians that takes decades to 'repay' benefits the new
arrivals while the new infrastructure has has to be paid for by
present Canadians.
In addition its hard to find a sector of the economy that is well
paying because rather than train Canucks migrants are quickly brought
in a the same time automation takes a back seat.
> Heck! Bush wanted to invest the Social Security plan into the stock
> market. However that would have been a disaster considering the
> events of Autumn 2008.
>
> But only because of an expanding workforces that contribute to the
> pensions of those like me one day are we vested to the date well after
> I will probably die. I was born in 1958.
That dependancy ratio argument has been found to be fallacious. It
doesn't work you simply can bring in enough people to change the
depandancy ratio much.
Automation will liberate much of the workforce. Automatic harvesting
and horticulture would already dominate argiculture in the west but
for immigraion distorting the market. The machines work 24/7 and now
can handle just about anything.
Automation can and does serve you petrol in unmaned petrol stations,
opperate you cashier in the supermarkets, assemble and weld your car
etc.
Advice for the USA more mechanisation less mexication.
>
> The bottom line? Canada needs immigration to survive into the 21st
> century.
Nonsense.
Canada doesn't NEED immigration at all.
Without immigration the Population rise slows down, it might even
lower for a little bit or stay steady
If you cut immigration, land and housing costs drop, labour shortages
raise wages.
People can afford to have more children.
Immigration is selling out the birth right of our children.
Benway (original non-Zionist)
**********************************************
The jellyfish people have replaced reality with
fluffy NWO words like "vibrant" or "diverse" and
they seek to "embrace" or "celebrate" the murder
of their own nations and cultures, not to mention
loss of quality of life or the degraded social
and natural environments.
Fairy tale creatures who belong in kindergarten.
When it all goes pear-shaped, they will seek
scapegoats, and they will punish the innocent.
**********************************************
bringyagrogalong
> Viejo Vizcacha <nats_ugly...@yahoo.com> wrote:
>
> > The number of potentially employable people keeps rising in the US.
>
> > http://www.theonion.com/content/news/labor_dept_available_labor_rate
>
> A similar situation to that of Australia. . .
Olde.Sault's got it wrong as usual.
The unemployment rate in Australia decreased 0.1 pt to 5.7% in
November 2009.
Australia's "miracle" economy continues to lead the world under the
brilliant stewardship of our most popular leader in decades, Kevin
Rudd.
Benway (original non-Zionist)
*******************************************
Just for the record, the "miracle" is being
financed by even more debt. The bubble is
only being deformed a little to benefit scum.
--------------
Too hard to confront:
Australian HOUSEHOLD Debt reaches 100% of GDP!
*
http://www.crikey.com.au/2009/07/17/park-the-debt-truck-household-debt-reaches-100-of-gdp/
*
...Government debt is not what we should be worrying
about. What is more concerning is private debt...
I know that you vegetables want to kill any information
that suggests that the status quo is in error, or that
maybe bipartisan policies and dogmas are taking
Australians over a steep socioeconomic cliff.
------------------------------------
Household Debt:
100.4% Of GDP
Aussies $1.2 trillion in debt
In a new record, Australians now owe more in
household debt than the country's entire economy
earns in a year.
Reserve Bank figures show mortgage, credit card
and personal loan debts now stand at $1.2 trillion,
up 71 per cent from just five years ago and equating
to $56,000 for every man, woman and child in the
country, News Ltd says.
Our spending binge, fuelled most recently by the
federal government's First Home Owner Grant,
means personal debt now totals 100.4 per cent of
Australia's annual GDP - one of the highest ratios in
the developed world.
"It's the first time household debt has cracked 100
per cent of annual GDP and it's a terrible, terrible
sign," University of NSW economics professor Steve
Keen told News Ltd.
"It shows we are living beyond our means and many
highly geared borrowers are now extremely
vulnerable to further rate rises - they are already
saturated with debt and will not be able to tolerate
much of an increase to their repayments."
Australia's financial headache is likely to get worse
before it gets better. The country is in the midst of
the peak spending season, when billions goes on the
plastic, yet the Reserve Bank data dates back to
October's debt levels only, so that means there are
another two months of First Home Owner
Grant-fuelled mortgage activity still to be taken into
account.
The extra cost is expected to add billions to the
burgeoning debt tally.
***************************
Canuck57
> On Dec 27, 8:31 am, Viejo Vizcacha<nats_ugly...@yahoo.com> wrote:
>> The number of potentially employable people keeps rising in the US.
>>
>> http://www.theonion.com/content/news/labor_dept_available_labor_rate
>
> A similar situation to that of Australia. . .
>
> Does America import Chinese goods that puts Americans on the scrap
> heap?
>
> Where is the logic in this policy?
Lots actually. Would you rather pay $3 for a spatula from China or a
union made domestic one for $15?
> The idle need support so those working, have to pay extra tax to feed
> those who don't. Most of the latter are not lazy just that jobs aren't
> available.
Jobs are not available because the productivity isn't there. Lots of
factors go into it ranging from taxation, more taxation, welfare, lazy,
entitlement, costs of governemnt and so forth.
> Have our politicians organized this to undermine their citizens' self-
> esteem?
People want cheap goods. More people can own a 46" LCD TV at $800 than
at NA/AU union/management rates it would be $5,000.
> Is that the reason for the rise in thefts, bashings, gang-warfare,
> etc. (putting the suicide rate aside).
A biproduct of the times. Suicide is up here too I suspect, but
government keeps that statistic quiet as no one wants to look at the facts.
> Never mind, the Chinese are looking so much happier these days!
Yep. Middle class is growing like weeds as capitalism is thriving and
developing.
> As an afterthought, do migrants help or cause the economy more
> headaches?
Depends if your immigrants are quality types or rejects running from
something. They come in both varieties. It is a case by case thing.
Virtually everyone is an immigrant, question is why did they or
forfathers move. Seeking a good better life and experiences, or just a
nobody running from local gangs they pissed off?
US attracts a higher quality immigrant than most countries, often
demanding and getting advanced degrees and the like. Allowing the US a
pick and choose. Where as other less desirable countries get the left
overs. Given in Canada for example, current residents only have 1.58
births per couple, population would shrink if it we not for a loose as a
Canadian goose immigration policy. Canada actually pays for people to
relocate here to keep the population from shrinking and it's economic
effects on the housing industry.
Too many on the taxpayers hind I suspect has a lot to do with it.
People can't afford too many kids, too busy paying for government. A
vicious circle really as government is a consumer of wealth and cannot
by itself generate wealth. Castro, Chavez and a host of others try, but
none have as a governemtn that creates wealth. Oh, they can be good at
redistributing it, but cannot create it.
Did AU saddle you taxpayers with corporate taxes for the likes of GM,
Chrysler, banks and other greedy special interests?
Canuck57
>> Immigrants in Canada assist us in many ways. Statistics say that an
>> immigrant arriving here at the age of 20 will probably earn equally as
>> a native born like me. My family has been here since the early
>> 1800's.
>>
>> Also, Canada is a vibrant and expanding country whose population in
>> 1967 was about 10 million less than today, and we are a nation with a
>> deficit of birth. Our births are not exceeding our deaths when it
>> comes to the likes of me and the "originals".
>
> "deficit of birth"?
I think he means birth rate deficit or government debt and deficit. If
Canada didn't have immigration, the population would be decreasing big
time. So would tax revenue.
> What do you people eat so not to breed like insects?
Birth control pills mostly. Followed by one or the other getting tied.
One could argue many are too tired after working their asses off to
get ahead, no desire for sex.
> Most of the world's wise think that over-population is the cause of
> most of the world's problems..
Certainly isn't sustainable the way Africa is going at it. Kids born
right into starvation because thier parents are too stupid and selfish
to think. And some jack asses think it is our fault!
Sooner or later there will be war over food and resources. Inevitable
on our current path.
> Look at India's people living in squalor, at the Africans, where
> disease and wars never end!
War and disease is and always has been the limiting population control
for these types of places. Unfortunate we as a species are
unintelligent at it, but that is the way it is. It isn't politicially
correct to say to someone that you can't afford to feed your kids so why
are you having them like snails? Might hurt the UN's feeling, but it is
the sad truth that our world political system is 100% ineffectual to
reality.
> That's because there is not enough food for their growing numbers.
Even rats decrease reproduction when food becomes in short supply.
Governemnt greed fills peoples heads full of green and CO2 crap and
ignore the real hard problems of over population. Governments like
green, the green in your pocket, totally misguiding society from the
real issues.
It is why Copenahgen and kyoto are huge farces of the global kind.
2010 or shortly after will be the begining of a wars I am sure. Somalia
could be the tip of the iceberg, where people litterally loose their
heads over greed and intollerance. 1/2 the reason the carbon credit
farce is going as the banana republic countries run by dictators figure
it is cool to use the UN for free money. Hey, we got bombs, feed us or
we will use them. Just greedy monkeys (as in evolution) actually, just
needing a nuke or two to set it straight and humble them a bit.
I will not likely be alive by 2100, but predict with certainty at least
a 20 year period of war, economic disruption and massive numbers of
dead. It is almost certain at this point, far too many breading far too
many without regards to social evolution is a certain recipe of strife.
My bet is on China, the more I read about their system and politics, the
more I realise they have leap frogged the west. They actually have a
birth control policy, increasing technology that blows even the US away.
20xx is the centry of the red dragon. Their politicians don't seem to
be the knee jerks the west has.
Canuck57
> Aussies $1.2 trillion in debt
Would be about the same as Caanda if Canada also accounted for future
shortfalls in CPP/OAS.
> In a new record, Australians now owe more in
> household debt than the country's entire economy
> earns in a year.
You mean grosses in a year. GDP is a gross number. Makes it even worse.
Hopelessly in debt is a good sumation.
> Reserve Bank figures show mortgage, credit card
> and personal loan debts now stand at $1.2 trillion,
> up 71 per cent from just five years ago and equating
> to $56,000 for every man, woman and child in the
> country, News Ltd says.
I can see the crash in standard of living coming.
> Our spending binge, fuelled most recently by the
> federal government's First Home Owner Grant,
> means personal debt now totals 100.4 per cent of
> Australia's annual GDP - one of the highest ratios in
> the developed world.
Shot lived. Never has worked before, and will never work. You can't
spend your way out of debt to prosperity. Oh, you can try but it just
makes it worse. Debt is like herion. Addictive until it kills you.
> "It's the first time household debt has cracked 100
> per cent of annual GDP and it's a terrible, terrible
> sign," University of NSW economics professor Steve
> Keen told News Ltd.
I was kind of floored to read about Canada having $1.3 trillion of
household debt.
http://www.cbc.ca/consumer/story/2009/05/26/canada-household-debt854.html
Most dumbshit Canadians think this recession/depression is over... I got
news for them, it has just started.
> "It shows we are living beyond our means and many
> highly geared borrowers are now extremely
> vulnerable to further rate rises - they are already
> saturated with debt and will not be able to tolerate
> much of an increase to their repayments."
Governments are trying their damnest to cause a rapid hyper-inflation.
More on that below.
> Australia's financial headache is likely to get worse
> before it gets better. The country is in the midst of
> the peak spending season, when billions goes on the
> plastic, yet the Reserve Bank data dates back to
> October's debt levels only, so that means there are
> another two months of First Home Owner
> Grant-fuelled mortgage activity still to be taken into
> account.
>
> The extra cost is expected to add billions to the
> burgeoning debt tally.
Your assumption is correct. Be it this depression or the next, the
economics as we know it today are breaking down big time. Taxation is
modern day slavery. Most Canadians born today will pay 25% or more of
their income to just debt services for the government that has zero
value to them. Just debt-slavery.
All for debt lovers.
It will lead to an economic collapse. This recession/depression marks
the begining of this change. As China with 2 trillion USDs does not
want USDs any more. So many USDs out there it does not hold value any
more. China is increasing striking deals like TVs for coal, iron, gold,
food... even India is buying gold like no tomorrow.
Remember inflation in the 70's? This is going to be at least as bad.
And dont expect net income to go with it. Cash in the next 10 years
will be a depreciating asset.
I expect Canada, US, UK, AU, Germany, Japan and others will all in
unison depreciate. A yuan will appreciate if the Chinese let it.
Brazil learned their lesson two decades ago is doing quite well.
Eunometic
Lets see what they think of having a 'diversity of cancers'
Eunometic
Seeking to better income withing countries that have high IQ
populations, better systems of government and pay out loads of social
welfare.
They often bring with them their hates and ethnic loyalties and the
attitudes that make their original culture and countries so awfull
they left in the first place.
Meanwhile Europeans pay the price.
>
> US attracts a higher quality immigrant than most countries, often
> demanding and getting advanced degrees and the like.
Pfft, US is loaded with 46 million illegal mexicans, average serious
crime rate is 3-4 times the white rate while the second and 3rd
generation ones are well behined at school performance. They can't
compete for jobs on objective tests and need racial quotas to get and
keep qualified jobs.
The US most pointedly runs a sham green cards system and then many
other defacto schemes that have ruined the country socio-economically
by flooding its labour markets at all levels.
Krudd the Dud
<sof...@aapt.net.au> wrote:
>The unemployment rate in Australia decreased 0.1 pt to 5.7% in
>November 2009.
Could you inform us what it was when the Liberals left office?
macksamillion
> Lots actually. Would you rather pay $3 for a spatula from China or a union made
> domestic one for $15?
Wake up, boy. You're going to pay $15 for a spatula made in China, too. The saving in
labour costs is NOT being passed on to consumers in developed and western countries. The
only profit-making is by those companies now using Chinese labour instead of unionized,
home-country labour.