[cardinal43]

Given the number of people out of work, it should be illegal to work two jobs. Job hogs need to be stopped so that we can put more people to work.

I was looking for the sarcasm icon, but didn't find it. So, you want to penalize an individual that had the initiative and good fortune to find a job (actually 2 jobs)? If you are so worried about the "job hogs" taking a job away from someone else, then you should give your job to the one that got left out.

[Nesster]

Well, if health care and education are too important to be left to the private sector, what about something even more essential? Food!

You left out sex. Sexual relations and procreation are far too important to be left to the private sector, therefore the government must step in.

[Nesster]

I was looking for the sarcasm icon, but didn't find it. So, you want to penalize an individual that had the initiative and good fortune to find a job (actually 2 jobs)? If you are so worried about the "job hogs" taking a job away from someone else, then you should give your job to the one that got left out.

The problem of course isn't that people hold 2 jobs or work 80 hours a week - the problem is that the wrong people do so. If every computer programmer, designer, professional gave up 1/2 of the 60-80 hours they put in per week creating value in the economy in favor of letting others contribute, why, our economy would blossom with twice as many highly compensated, highly creative workers.

The problem isn't that we don't have job creators, it is that our job creators don't have good help.

[Parallax]

Sexual relations and procreation are far too important to be left to the private sector, therefore the government must step in.

They're trying.

[GeneV]

They're trying.

I don't know about the procreation by the government, but it is pretty easy to get.....

[normhead]

Now if you'd gone to a canadian system, American companies actually move to Canada to avoid the high insurance costs that are part of the cost of doing business in the US. And while there is part time work using the threshold you've discussed, it's cheaper to use part time workers, and there is a similar threshold, the effect isn't what you think it is. For one thing, universal health care cuts down on sick days taken so companies are better able to afford workers. The labour market takes care of the rest. Places that reduce costs by using part timers, lose employees to companies that employ people full time. Every thing they gain by ducking benefits they shoudl provide goes in to training costs for new employees and their businesses suffer because of staff turnover. I'm not saying you can't make a go of it dodging health care costs, but years of Canadian experience have shown, it's an ideological decision, and not a particularly smart business decision. For most companies, an employee worth paying is an employee worth keeping healthy. A company that struggles to pay health care costs, probably needs a better business model.

[mikemike]

More evidence of the declining middle class can be found in a recent report from The National Employment Law Project. Since 2001, employment has grown 8.7 percent in lower-wage jobs and 6.6 percent in high-wage ones but they've fallen more than 7% in mid-wage jobs. The situation since the Great Recession is similar: jobs in the mid-range paying $14 to $21 accounted for 60% of jobs lost but only 22% of the job gained while lower wage jobs paying a median wage ranging from $7.70 to $13.83 represented 58% of all new jobs.

The Middle Class Is Worse Off Than You Think: Michael Greenstone | Daily Ticker - Yahoo! Finance

Kiss your middle income good bye and say hello to minimum wage. Change you can believe in. Forward, Forward, Forward.

At least you will get your EBT and Medicaid.

Enjoy casting a ballot for Obama that will ensure enduring poverty.

[Parallax]

I don't know about the procreation by the government, but it is pretty easy to get.....

Yep, and they don't even buy you dinner first.

[cardinal43]

The Middle Class Is Worse Off Than You Think: Michael Greenstone | Daily Ticker - Yahoo! Finance

Kiss your middle income good bye and say hello to minimum wage. Change you can believe in. Forward, Forward, Forward.

At least you will get your EBT and Medicaid.

Enjoy casting a ballot for Obama that will ensure enduring poverty.

Think positive, mikemike. If you think the middle income is going away, then rather than stepping down to a lower paying job even though it increased 8.7%, step up to the higher paying job that increased 6.7%. No matter what the % increase was, I would always rather have the higher pay job.

[mikemike]

Think positive, mikemike. If you think the middle income is going away, then rather than stepping down to a lower paying job even though it increased 8.7%, step up to the higher paying job that increased 6.7%. No matter what the % increase was, I would always rather have the higher pay job.

I don't think you are following the math there, when you calculate it out basically the nominal values for middle wage jobs lost and low wage jobs created during the recession net out (a stat that Obama proudly touts about his job creation record during the past 2 years).

Think about it like this, at the start of the great recession there were 40 low pay jobs, 45 middle pay jobs, and 15 high pay jobs for a total of 100 jobs. The workforce has grown by 2 due to population growth, here is the effect of those numbers.

40*1.087+45*.93 +15*1.066 = 101.32

43.48 Low Pay Jobs + 41.85 Middle Pay Jobs + 15.99 High Pay Jobs = 101.32 Total Jobs

So you can see that more of the jobs being created are being created at the low end and there is only opportunity for 1 person to move from middle pay to high pay for every 3.5 who move down in an Obama economy. Stagnant job growth that doesn't keep up with population growth also means higher overall (official and unofficial) unemployment.

[Nesster]

Now if you'd gone to a canadian system, American companies actually move to Canada to avoid the high insurance costs that are part of the cost of doing business in the US.

Very true, we see Canada as a near-shore opportunity. Not only that, the equivalent job pays better in Canada.

[les3547]

The Middle Class Is Worse Off Than You Think: Michael Greenstone | Daily Ticker - Yahoo! Finance

Kiss your middle income good bye and say hello to minimum wage. Change you can believe in. Forward, Forward, Forward.

At least you will get your EBT and Medicaid.

Enjoy casting a ballot for Obama that will ensure enduring poverty.

Explain to me again how Obama is responsible for the disgraceful level of poverty (and crime) in the US, how he is responsible for the number of low paying jobs right now, and how he is responsible for the burden the middle class assumed from the financial collapse perpetrated by a relatively small group of far more wealthy people.

I don't think you are following the math there . . .

And I don't think you are doing all the math. If health care costs are 17.4% of our GDP and we can lower that cost, then people will have more money net. Proper math isn't just about how much money is made, it also includes how much things cost.

[kenafein]

The Middle Class Is Worse Off Than You Think: Michael Greenstone | Daily Ticker - Yahoo! Finance

Kiss your middle income good bye and say hello to minimum wage. Change you can believe in. Forward, Forward, Forward.

At least you will get your EBT and Medicaid.

Enjoy casting a ballot for Obama that will ensure enduring poverty.

You can thank Congress. Unfortunately we're going to get the same jokers back in office. There's no doubt that Obama's administration has been great for the rich, and that income disparity is increasing. Then why are the wealthy up in arms? They want him out because Romney will allow them to siphon the wealth even faster. Because he dares to suggest a 2-3% income tax increase on the top tier, because he has the audacity to suggest an 8% increase in capital gains, because he wants to stall the wealthiest Americans from aggregating all the wealth into their hands, Obama has to go. Jobs will come back in time, baby-steps, it's hard dragging tantruming children around, especially when you have 241 of them.

[cardinal43]

I don't think you are following the math there, when you calculate it out basically the nominal values for middle wage jobs lost and low wage jobs created during the recession net out (a stat that Obama proudly touts about his job creation record during the past 2 years).

Think about it like this, at the start of the great recession there were 40 low pay jobs, 45 middle pay jobs, and 15 high pay jobs for a total of 100 jobs. The workforce has grown by 2 due to population growth, here is the effect of those numbers.

40*1.087+45*.93 +15*1.066 = 101.32

43.48 Low Pay Jobs + 41.85 Middle Pay Jobs + 15.99 High Pay Jobs = 101.32 Total Jobs

So you can see that more of the jobs being created are being created at the low end and there is only opportunity for 1 person to move from middle pay to high pay for every 3.5 who move down in an Obama economy. Stagnant job growth that doesn't keep up with population growth also means higher overall (official and unofficial) unemployment.

Actually I did understand the math (I'm pretty good with numbers). My reply was basically a tongue in cheek sort of deal, with you being such and anti-Obama guy. I guess you misinterpred the I inserted.

[les3547]

So you can see that more of the jobs being created are being created at the low end and there is only opportunity for 1 person to move from middle pay to high pay for every 3.5 who move down in an Obama economy. Stagnant job growth that doesn't keep up with population growth also means higher overall (official and unofficial) unemployment.

It isn't the "Obama economy," it is the nature of a recovery from near destruction brought on by greed, and presently the "greed is good" philosophy is primarily embodied by the Republican party. Until everybody in the US can make enough money to live a decent life, our economy will continue to sink.

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