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  1. #10483

    Raise the minimum wage and increase the Labor Force Participation Rate

    Quote Originally Posted by Tiny12  [View Original Post]
    Errata, Post 10456

    The labor force participation rate increased from 62.7% in January, 2018 to 63.4% in February, 2020.

    Estimates were that the TCJA would reduce government revenues by 1.5 trillion.

    I'm not able to link to Peter Whiteford's comments in Greg Mankiw's blog. Either replace the asterisks below with "b l o g s p o t", or Google Mankiw and Whiteford to read the piece.

    http://gregmankiw.********.com/2011/...ssive-tax.html
    First of all, expand any Labor Force Participation Rate chart you've got to Max and you will see the gigantic plunge in the rate occurred throughout Reagan wannabe Repub GW Bush's presidency. That downward plunging trajectory only came to a halt and began to painstakingly reverse course under Obama-Biden starting in September 2015.

    So any vague suggestion that it was "down" under Obama or due to anything Obama had done is total BS. He is the one under whose presidency the dramatic downward plunge trajectory came to a halt and reversed course!

    Second, the only notable increase in the rate from where it had increased under Obama began around June 2019. Then, of course, that 8 month uptick came to an abrupt halt in February 2020 when Trump's disastrous economic and stewardship decisions from 2018 and all through 2020 came crashing down with a vengeance.

    Labor Force Participation Rate Chart

    https://fred.stlouisfed.org/series/CIVPART

    I have posted screen shots of the above interactive Labor Force Participation Rate chart at the various points I just referenced; at Max showing the dramatic plunge throughout Reagan wannabe Repub GW Bush's presidency, at 10 years showing when it halted its downward plunge trajectory and reversed course under Obama and the June 2019 to February 2020 uptick before Trump's Pandemic crashed it. Although the screenshots are not necessarily in that order.

    So what happened in 2019 to cause that 8 month notable uptick in the Labor Force Participation Rate under Trump before his crash? Could it have had anything whatsoever to do with his Tax Cuts and Jobs Act? In all likelihood, not very much. Why would tax cuts for corporations that they used to buy back their own company stocks inspire anyone to re-enter the Labor Force? Why would any tax cuts for anyone inspire unemployed holdouts to re-entering the Labor Force?

    Reagan wannabe Repub GW Bush famously cut taxes a whole bunch, at least twice, and as you can see on that chart, Americans fled the Labor Force in droves!

    I submit there was a far more logical reason for a notable uptick in American workers re-entering the Labor Force in 2019 and that trend would probably have continued doing so had Trump's Pandemic not derailed the entire USA economy as well as others around the world.

    And it was a trend I already previously cited here as the real reason wages increased for women, blacks, hispanics and other minorities that Trump tried to take undeserved credit for but in fact it was something he, Moscow Mitch and most Repubs did and still do adamantly oppose:

    Blue states $15 minimum wage push gets a jump-start.
    February 19, 2019


    https://www.politico.com/story/2019/...m-wage-1173156

    With a national $15 minimum hourly wage still out of reach, blue states are mounting an offensive to fill the void.

    New Jersey this month joined three other states in raising its hourly minimum wage to $15, Illinois is poised to follow next week, and more states are waiting in the wings.

    Its all part of an effort to leverage Democratic midterm election gains to advance the so-called Fight for $15 and increase pay for some of the lowest-paid workers even if the federal government wont.

    (and more)
    Attached Thumbnails Attached Thumbnails Screenshot_20221005_011247.jpg‎   Screenshot_20221005_011631.jpg‎   Screenshot_20221005_011435.jpg‎   Screenshot_20221005_011714.jpg‎   Screenshot_20221005_011610.jpg‎  


  2. #10482
    Quote Originally Posted by Canada  [View Original Post]
    Biden claims oil companies are gouging Americans. Gas in Wyoming last week $3. 29 a gallon, gas in Houston $2.99 a gallon, gas in Tucson, AZ $3.19 a gallon. All republican areas. Gas in Las Vegas $5.19. Gas in Barstow, Ca $6.79. Democrat areas. Why is gas 80 to 100 percent higher in dem run cities? Trying to force people to buy electric cars? Yes stupidity at its finest as the dumbest people in America voted for these dems.
    Why are gasoline prices high in California? Well, if a person were interested in details, he might want to look into the taxes and fees charged by California, which add up to about $1. 00 a gallon. Or the fact that California has to import 55% of its oil, incurring transportation costs, from places like Asia, South America and Alaska, even though the state has large oil resources. Maybe the state's refusal to issue permits for fracking has something to do with that. Twenty six refineries have closed in California. Perhaps the biggest reason for higher prices is the excessive regulation in the formulations required for gasoline. But people here aren't interested in all those pesky details.

    So, when you get right down to it, it's because the California Democratic politicians cater to the greenies who want to have a smug feeling of self satisfaction and superiority from doing good things for the environment, even though they're not in any meaningful way. And they cater to the people who are sitting home on their asses and sucking off the government tit, so they don't have to commute. The workingman, who's busting his ass and paying $4,000 a year for gasoline to go to and from work, he's the minority. And he tends to vote for Republicans anyway. So f* him.

  3. #10481

    Who controls the price?

    Quote Originally Posted by Canada  [View Original Post]
    Biden claims oil companies are gouging Americans. Gas in Wyoming last week $3. 29 a gallon, gas in Houston $2.99 a gallon, gas in Tucson, AZ $3.19 a gallon. All republican areas. Gas in Las Vegas $5.19. Gas in Barstow, Ca $6.79. Democrat areas. Why is gas 80 to 100 percent higher in dem run cities? Trying to force people to buy electric cars? Yes stupidity at its finest as the dumbest people in America voted for these dems.
    Do the oil companies or dems control the price? Seems to me that the oil companies do and they are taking care of their friends which explains the cheap prices in are areas. Electric cars are the latest joke. Remember when diesel cars were the future and EPA said they were less polluting? Really there is nobody to believe neither the nor are. When is Mexico's first payment coming for the Great Wall?

  4. #10480
    Quote Originally Posted by Canada  [View Original Post]
    Biden claims oil companies are gouging Americans. Gas in Wyoming last week $3. 29 a gallon, gas in Houston $2.99 a gallon, gas in Tucson, AZ $3.19 a gallon. All republican areas. Gas in Las Vegas $5.19. Gas in Barstow, Ca $6.79. Democrat areas. Why is gas 80 to 100 percent higher in dem run cities? Trying to force people to buy electric cars? Yes stupidity at its finest as the dumbest people in America voted for these dems.
    Good post, Canada. Some of us know the difference between Republican areas and Democratic cities.

  5. #10479

    Canada never disappoints

    Quote Originally Posted by PVMonger  [View Original Post]
    The mayor of Houston (Sylvester Turner) is a Republican? Really? Did he switch sides yesterday? Or did he switch sides after reading your horseshit post? Regina Romero (Mayor of Tucson) is a Republican too? Did she switch parties along with Turner?

    You said this: "Why is gas 80 to 100 percent higher in dem run cities?

    The one thing we can count on you for is not doing any research before you bloviate. Smdh.
    Gas in New York is around $3. 30. Another Repub bastion, I suppose.

  6. #10478
    [Deleted by Admin]

    EDITOR'S NOTE: This report was redacted or deleted to remove sections of the report that were largely argumentative. Please read the Forum FAQ and the Forum's Posting Guidelines for more information. Thank You!

  7. #10477

    Red States: I want my "laissez-faire" cake and eat it too.

    Quote Originally Posted by PVMonger  [View Original Post]
    "And the federal government doesn't have jack to do with that, except to take taxpayer money and inefficiently redistribute part of it to states and cities."

    I am all for the Federal government not sending jack shit of what they collect back to the states. Since "red states" receive a disproportionate amount of those federal funds, they'll all wither and die. https://sipanews.fiu.edu/2021/03/24/...pendent-states
    That's exactly right. Although warranted, I thought it a bit harsh though, as there are some good Repubs in "red states", but I understand the frustration, w/r to Repubs in the "red states" as they often are their own worst enemy.

    But inevitably, many of these "red states" rant, pomp, bloviate and bluster about Wash. DC should "back-off" and insistently crow about wanting a "laissez-faire" fed. government, that is of course, until the proverbial "shit hits the fan".

    Meaning that, when every red city, county, or state run a foul of corruption, malfeasance, debt, bankruptcy, natural disaster or an inept mishandling of a viral epidemic outbreak (and it's not a matter of if, but rather when), they'll come to the feds with proverbial "tail tucked between leg", begging for help and a handout.

    (As just noted in EihTooms' recent post http://www.internationalsexguide.nl/...=1#post2749548).

    How many times have we seen this scenario play out, from capitalist fraudsters, to the bankster gangsters, to corporate welfare, to gov't funding of the "red states", all with "laissez-faire" hat-in-hand, when times get tough, but were more than happy to tell the feds. "go pound sand" and to "back-off" when the good-times / profits were rolling in.

  8. #10476

    Really?

    Quote Originally Posted by Canada  [View Original Post]
    Biden claims oil companies are gouging Americans. Gas in Wyoming last week $3. 29 a gallon, gas in Houston $2.99 a gallon, gas in Tucson, AZ $3.19 a gallon. All republican areas. Gas in Las Vegas $5.19. Gas in Barstow, Ca $6.79. Democrat areas. Why is gas 80 to 100 percent higher in dem run cities? Trying to force people to buy electric cars? Yes stupidity at its finest as the dumbest people in America voted for these dems.
    The mayor of Houston (Sylvester Turner) is a Republican? Really? Did he switch sides yesterday? Or did he switch sides after reading your horseshit post? Regina Romero (Mayor of Tucson) is a Republican too? Did she switch parties along with Turner?

    You said this: "Why is gas 80 to 100 percent higher in dem run cities?

    The one thing we can count on you for is not doing any research before you bloviate. Smdh.

  9. #10475

    Same could be said for all the fake pollsters

    Quote Originally Posted by MarquisdeSade1  [View Original Post]
    The left is always the beneficiary of these fake polls.

    So I'm guessing its deliberate, so that when "election" day rolls around they can "cover up" their cheating.

    When something like this happens with Lula for some reason the right hand and the left hand didn't match up.

    And you have a huge discrepancy.

    Political 3 card Monte!
    Those who vote decide nothing. Those who count the votes decide everything.

  10. #10474

    Beaten to the "red states" punchline...

    Quote Originally Posted by EihTooms  [View Original Post]
    Here comes Uncle Sam and Sleep Joe to the rescue again.

    I hear Biden has already assured doughy, infantile Ron "no Federal aid for Hurricane Sandy" DeSantis that real tax payers in responsible states like New York and California will pick up the tab for his massive shortfall on this. ...

    We'll see how inflation goes for those Repub areas when they get their wish to have all these issues taken care of and paid for from "smaller government" city, state and local tills and pay full boat to their ever popular private sector businesses from now on.
    Darn it!

    I was just about to report on this very same topic, w/r to PVMongers post on "red states" and you beat me to punch...WELL DONE!

    Great post!

  11. #10473

    Here's my 2 pesos

    Quote Originally Posted by MarquisdeSade1  [View Original Post]
    https://www.breitbart.com/news/brazi...nst-bolsonaro/

    Polls had Lula winning by 10-15%.

    Fake polls don't work LMAO.
    The left is always the beneficiary of these fake polls.

    So I'm guessing its deliberate, so that when "election" day rolls around they can "cover up" their cheating.

    When something like this happens with Lula for some reason the right hand and the left hand didn't match up.

    And you have a huge discrepancy.

    Political 3 card Monte!

  12. #10472
    Quote Originally Posted by Tiny12  [View Original Post]
    Damn it Tooms, I'm trying to cut back on posting here. But you're making it hard. Real hard.

    They don't want you to look at the details, as long as you believe "Democrat Good, Republican Bad", they're happy.

    Aaagh! The TCJA took effect on January 1, 2018. Employment grew by 2.7 million in 2018 and 2.1 million 2019. Then COVID hit. If I may be allowed to cherry pick, like you and your left of center media sources do, the average growth per year in employment during Obama's administration was 1. 4 million..
    Oh, the TCJA took effect on January 1, 2018? Then your boy Trump's one and only economic "stimulus" legislation reduced the unemployment rate a whopping 0. 4 percentage points from 3.9%, where his coasting on the Obama-Biden economy brought it down to by December 2017, to 3.5% several months later.

    https://data.bls.gov/timeseries/LNS14000000

    And for that we paid $2.5+ Trillion? How many people did it effect to make that dramatic move? 150? That must have been the number of new Fact Checkers the networks had to hire in order to keep up with Trump's 30,000+ lies.

    In 2012, MittWitt Romney assured America that his superior Repub economic policies would get the unemployment rate to 6% in four years if we would only put him in the WH to do it.

    Obama-Biden got it below 6% in less than two years.

    So it's "baloney" that the USA government is "people"? How about corporations? Are they "people" but the USA government of, by and for We, The People is not?

    Weepy Boehner was the one making the Repub case that business owners were the "job creators", a position that fuels his Party's lamebrain notion that Supply-Side / Trickle-Down tax and economic policy creates more jobs than the Dems' alternative even though it never has for almost 100 years.

    Yeah, I am fine with Obama's take on it that corporations and business owners couldn't build anything without the economic infrastructure built by all taxpayers, not just them, and paying customers.

  13. #10471

    Gas higher in dem run cities

    Quote Originally Posted by CaliGuy  [View Original Post]
    Biden's plan to curtail inflation not working. Gas just went up to $6. 59 a gallon in San Diego today. Over $7 in some areas of California. Biden continues to spend tax payer dollars on giveaways and inflation rising. Idiots are still talking about Trump and past presidents while America suffers. Biden stupidly and incompetence may have USA equal the recession of the 1930's. The worst president ever and he hasn't a clue. Just like the idiots talking about the past. The past looks great with past republican or democrat presidents compared to todays leadership and the future looks even worse. Republicans are smart enough to acknowledge that Biden is a disaster. Several democrats admit USA is in trouble. The idiot socialists keep trying to talk nonsense thinking that Biden disasters will improve on their own. Stupidity at its finest.
    Biden claims oil companies are gouging Americans. Gas in Wyoming last week $3. 29 a gallon, gas in Houston $2.99 a gallon, gas in Tucson, AZ $3.19 a gallon. All republican areas. Gas in Las Vegas $5.19. Gas in Barstow, Ca $6.79. Democrat areas. Why is gas 80 to 100 percent higher in dem run cities? Trying to force people to buy electric cars? Yes stupidity at its finest as the dumbest people in America voted for these dems.

  14. #10470

    Mirror, Mirror on the wall, who's the dumbest of them all?

    The QAnon/Repub/Bothsidesism talk about Dems supports being dumber than Biden, for several manufactured so called reasons, is just hilarious.

    Let's for a moment entertain that notion (and play devil's advocate) and give the Repubs the benefit of the doubt, and said dumbness from the Dems were true, it still wouldn't mount to a hill of beans, over Donnie "the Devil" J. Dommkopf, fleecing his gullible, brain dead, dumb supporters/donors into welfare, hardship and saving account depletion.

    How quickly the QAnon/Repub/Bothsidesists, forget "the devil" saying, he loves "the uneducated". I wonder why that is? (....kkkk!). I guess ignorance is bliss.

    https://onlysky.media/rsnedeker/igno...rump-education

    No amount of dumbness on behalf of Dems will ever surpass the QAnon/Repub/Bothsidesism dumb-dumbs, getting a financial drubbing from their supreme grifter, supreme lair and all-a-round supreme fraudster and cheater.

    BTW, don't forget to donate to this month's "get-outta-jail" fund raiser email drive.

    PS: Donnie "the Devil" J. Dommkopf, I think this month's rally cry, is "...you know you can't be rich, so donate and make me rich instead." (...kkkk!)

  15. #10469

    Here comes Uncle Sam and Sleep Joe to the rescue again

    I hear Biden has already assured doughy, infantile Ron "no Federal aid for Hurricane Sandy" DeSantis that real tax payers in responsible states like New York and California will pick up the tab for his massive shortfall on this.

    Hurricane Ian could be Floridas costliest storm ever

    https://edition.cnn.com/2022/09/30/b...icane-ian-cost

    Considering Repub pols in states like Florida have for decades ignored the fact that their locations are ripe for the worst of ongoing Climate Change disasters, this might be a good time to start denying Federal assistance beyond immediate life-saving measures to states and districts whose Senators and Representatives did not vote for Biden's American Rescue Plan, Infrastructure Bill and especially the Inflation Reduction Act.

    We'll see how inflation goes for those Repub areas when they get their wish to have all these issues taken care of and paid for from "smaller government" city, state and local tills and pay full boat to their ever popular private sector businesses from now on.

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