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Labor, supply shortages and unemployment benefits Labor, supply shortages and unemployment benefits

07-25-2021 , 03:15 PM
Wait until they find out that landlords sometimes raise rents based purely on the quality of applicants.

There's a sweet spot between charging more than anyone will reasonably pay, and charging too little such that your application pipeline is filled with a bunch of awful applicants.

The fewer adverse action letters I have to send out, the better. I'm sure the box on those discount units I mentioned earlier is going to be stuffed with a bunch of sub 600 credit scores tomorrow.
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07-25-2021 , 03:35 PM
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Originally Posted by Inso0
Wait until they find out that landlords sometimes raise rents based purely on the quality of applicants.
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07-25-2021 , 06:10 PM
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Originally Posted by lagtight
Well said.

I'm as much anti-Crony-Capitalism as I am anti-Socialism.

This is all-to-true in America: Socialism for the corporations and capitalism for the ordinary folks.
If you were truly anti-Crony-Capitalism then you would be a socialist.
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07-25-2021 , 07:21 PM
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Originally Posted by Montrealcorp
It was suppose to be the case as technology increased I suppose but the concept of privatizing profits and socializing loss still dominate.

So people gets poorer and poorer by losing their job to technology with nothing n return while corporations gets the reward .

I remember in the 80s , the story of early retirement at around 50 or working 3 days a week with lot of free time due to the increase of technological advancements lol …..
I dont think there's any "suppose to" about it.

It's something we have to try to make happen and we haven't got far yet. We can see the pressures building and it's going to build much faster/higher as automation takes over. I dont see anyway democratic capitalism can survive unless it transitions away from the focus on work. UBI is gaining political ground as a concept because of this very pressure.

The alternative will be losing democracy because there simply wont be enough work based opportunity to keep enough people happy. They will vote for more and more extreme/ridiculous options in their anger and disatsification until the thing falls apart and we end up with some flavour of authoratarian regime.

Some are in denial and make claims about automation always creating new jobs as it destroys old jobs but this is missing what is happening completely. We're not just automating jobs anymore. We're fast automating the human abilities that can do any job.
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07-25-2021 , 07:41 PM
I have said consistently that the de facto marginal tax rates, when you consider the effects of fading social benefits, can discourage work and trap people in poverty.

I think the current situation is a good example of this. If you can only make ~$800 a week before taxes (~$40,000 a year), your marginal tax rate on that $800 a week is effectively 100% because you'd end up with the same roughly $600/week after tax income.

The solution isn't to starve people to death. The solution is to phase benefits out more gradually. UBI, a bonus payment for finding a job, restructuring unemployment benefits almost as an interest free loan from the government (so more withholding, maybe 5% more, until paid back), and probably a bunch of other ways can work.
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07-25-2021 , 08:55 PM
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Originally Posted by Victor
If you were truly anti-Crony-Capitalism then you would be a socialist.
How so?
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07-25-2021 , 09:53 PM
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Originally Posted by chezlaw
I dont think there's any "suppose to" about it.

It's something we have to try to make happen and we haven't got far yet. We can see the pressures building and it's going to build much faster/higher as automation takes over. I dont see anyway democratic capitalism can survive unless it transitions away from the focus on work. UBI is gaining political ground as a concept because of this very pressure.

The alternative will be losing democracy because there simply wont be enough work based opportunity to keep enough people happy. They will vote for more and more extreme/ridiculous options in their anger and disatsification until the thing falls apart and we end up with some flavour of authoratarian regime.

Some are in denial and make claims about automation always creating new jobs as it destroys old jobs but this is missing what is happening completely. We're not just automating jobs anymore. We're fast automating the human abilities that can do any job.
Not disagreeing .
The problem is technology improved faster then human (bottom 50%? ) can adapt .
Just looking how old people have more problem just to use a smart phone and internet is an example .
To me UBI obviously the best choice to counter the automation process to make sure technology is beneficial to the society as a whole .

I guess people will come to terms with the fact that working only 3/4 days a week but with the same living standards due to technology Is fine , like previously in the industrial revolution , people were working 6 days a week , 12 hours a day without any benefits ,shrug .

Last edited by Montrealcorp; 07-25-2021 at 09:59 PM.
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07-25-2021 , 11:45 PM
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Originally Posted by lagtight
How so?
bc capitalism only has one direction and that is this so-called crony system that we see. theres more too it ofc since capitalism requires Imperialism/Colonialism to provide the resources and labor to exploit.

but its pretty simple really, a system that values profit over everything else is always going to end up like this.
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07-26-2021 , 01:05 AM
Every system is brutal bc people are horrible especially when in power
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07-26-2021 , 02:08 AM
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Originally Posted by nutella virus
Every system is brutal bc people are horrible especially when in power
Well said.

The main problem is human nature, not whatever political system is in place.

Probably 100% of the worst 1000 atrocities in all of history were ordered by the leaders of the reigning government, or in a civil war by leaders against a reigning government.

Famous quote, with various attributions: Any government with the power to give the people everything they need, also has the power to take away everything they need.
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07-26-2021 , 07:18 AM
Right but I mean give the horribleness of ppl then why advocate for a system predicated on profit above all us.
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07-26-2021 , 09:23 AM
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Originally Posted by Victor
Right but I mean give the horribleness of ppl then why advocate for a system predicated on profit above all us.
Because to make a profit, even the most vile, scumbug, awful, selfish capitalist has to provide goods or services that people actually want. A powerful government doesn't necessarily have to provide what people need or want as long as they have a sufficiently strong police force to keep the people from overthrowing their regime.
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07-26-2021 , 09:27 AM
Quote:
Originally Posted by Victor
If you were truly anti-Crony-Capitalism then you would be a socialist.
Maybe you're right. For example, I am quite open to the UBI concept. Does that make me a socialist?
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07-26-2021 , 11:43 AM
Quote:
Originally Posted by nutella virus
Every system is brutal bc people are horrible especially when in power
Yup.

That is why the system with the most checks and balances is the one that is best. That does not mean good, ... just best.


The various forms of Dictatorship and then Communism have the least checks and balances. That does not mean you could not have a 'mostly good' Dictator or Communist party but if they are not good the mechanisms within the country are not there to check them.

In that way it might actually be tougher to check a rogue Communist Party as opposed to a Dictator, as arguably one person (a populist) could usurp or over throw a dictator. It would take a significant percent of the Chinese populace to rise up, in unison in a civil war type effort, to over throw the party, and even then they might not succeed if the Party sees it coming at all.

Trump exposed how vulnerable the US system is, so any smugness there needs to go away. I think if he gets a second term he breaks it literally and becomes a Putin like dictator and no one will stop him, this time. He now knows where he made his past mistakes and will attack with surgical precision to remove all the obstacles. But for now, it held. But not by much.
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07-26-2021 , 04:41 PM
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Originally Posted by lagtight
Maybe you're right. For example, I am quite open to the UBI concept. Does that make me a socialist?
yes, from republican point of view, any handouts is communist.
So surely at minimum, your a socialist.
just dont tell your friends or they will ban you from this point.
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07-26-2021 , 04:50 PM
Quote:
Originally Posted by lagtight
Maybe you're right. For example, I am quite open to the UBI concept. Does that make me a socialist?
No. It's actually in large part more of a right of center thing. Thatcher was keen on the idea of giving people money and then letting them choose what healthcare/education/utilities/etc to buy from private companies. Socialism is more about the state provision of these services.

So UBI for both camps with the left /right divide remaining about socialsied services/etc
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07-26-2021 , 05:22 PM
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Originally Posted by Montrealcorp
yes, from republican point of view, any handouts is communist.
That's just false. Just when I started liking your posts, you revert to full loopy mode.

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So surely at minimum, your a socialist.
just dont tell your friends or they will ban you from this point.
My friends aren't my friends based on our political views. It's sad if your friends are that way.
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07-26-2021 , 05:31 PM
It can be either or both. For example the left is more inclined to state provisions of services that are free at the point of use while right of center is more inclined to give people money to purchase the services from private companies.

So as a lefty I want a UBI but not to pay for healthcare or education etc.
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07-26-2021 , 05:35 PM
Quote:
Originally Posted by chezlaw
It can be either or both. For example the left is more inclined to state provisions of services that are free at the point of use while right of center is more inclined to give people money to purchase the services from private companies.

So as a lefty I want a UBI but not to pay for healthcare or education etc.
I think a modest UBI (approx. $1,000/mo.) plus UHC would be something I would consider. I think I would nuke all government funding for higher education, with the possible exception of community colleges.
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07-26-2021 , 05:44 PM
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Originally Posted by lagtight
RflushDiamonds comes across as someone who is clueless about how hard it is to be a landlord. Did you see how he referred to you in an earlier post as a slumlord?
he is one and you are a phony hypocrite who claims to be a son of Jesus while at the same time being a massive bigot

op = crybaby
pay em more and you will have workers
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07-26-2021 , 06:40 PM
Quote:
Originally Posted by lagtight
That's just false. Just when I started liking your posts, you revert to full loopy mode.



My friends aren't my friends based on our political views. It's sad if your friends are that way.

Well seeing how republicans treat their own like Mike Spence or liz Cheney just because they aren’t in agreement at 100% , they ban damn right , even Barr lol ?
If not threatened to hang them ….
So sorry if I based my opinion on facts …..

You must not be a true Republican
Moderate Republican ~> traitors in the eyes of trump and his acolytes, shrug.

Ps: fwiw I didn’t change anything about how I post…
Maybe it’s you who starting to see the « light » , friend .

Last edited by Montrealcorp; 07-26-2021 at 06:45 PM.
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07-26-2021 , 07:44 PM
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Originally Posted by barney big nuts
he is one
Prove it, Barney.

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and you are a phony hypocrite who claims to be a son of Jesus while at the same time being a massive bigot
Prove it, Barney. Or please take your big nuts somewhere else.

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op = crybaby
pay em more and you will have workers
Ironically, you're the only crybaby in this thread.

Don't crack your nuts on the way out.
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07-26-2021 , 11:31 PM
Quote:
Originally Posted by lagtight
Because to make a profit, even the most vile, scumbug, awful, selfish capitalist has to provide goods or services that people actually want. .
Lol wat

Quote:
Originally Posted by lagtight
Maybe you're right. For example, I am quite open to the UBI concept. Does that make me a socialist?
Maybe
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07-27-2021 , 02:19 AM
Quote:
Originally Posted by lagtight
Because to make a profit, even the most vile, scumbug, awful, selfish capitalist has to provide goods or services that people actually want. A powerful government doesn't necessarily have to provide what people need or want as long as they have a sufficiently strong police force to keep the people from overthrowing their regime.
I don't know. You're posting in a thread where people are wanting the government to starve people in order to force them to work.
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07-27-2021 , 02:20 AM
Did eliminating the enhanced UB reduce the unemployment rate over those who did kept the enhanced UB?

Survey says........ no.
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