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Old 09-28-2019, 08:19 AM   #136
Griff
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Quote:
Originally Posted by Undertoad View Post

Those people did not just disappear from the work force. The thing is, automation has always created more jobs, and so we are not suffering at all from the jobs that were lost. We don't miss them. We have single digit unemployment, even after most of the mindless manual labor is outsourced to China.
I'm going to assume that workforce participation rates are really hard to measure but...
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Last edited by Griff; 09-28-2019 at 08:23 AM. Reason: left is guys right is gals
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Old 09-28-2019, 08:36 AM   #137
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Here is a good explanation of the variables related to labor force participation. There are a lot of reasons for it. Reason #3 brings out automation. It's one of the variables. But half the number is structural, due to retirement.

Also it's an American graph, but we have globalization now. If automation of smaller mindless tasks is here, we are not shipping everything overseas to have half a billion Chinese people do that job.
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Old 09-28-2019, 09:00 AM   #138
Griff
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Fourth, there is increased use of opioid medication. Almost half of the prime-age men not in the labor force take pain medication daily to treat chronic health conditions. Two-thirds of them are on prescription meds. A study by Yale professor Alan Krueger shows how this affected the LFPR. He estimates that from 1999 to 2015, 20% of the LFPR decline for these men was caused by opioid dependency.

It seems like we are not shiny happy people.

This would seem to be the statistic to watch, less the retired.
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Old 09-29-2019, 12:51 AM   #139
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I was forced out of work, they offered me money to stay home.
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Old 10-02-2019, 06:13 PM   #140
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I was forced out of work, they offered me money to stay home.
Expected as the Don's economic policies slowly undermine responsible economic tends instituted by Obama.

It took five years for Obama just to undo economic disasters by created by George Jr (actually Republicans who openly say deficit don't matter. An exact quote. and why we spent $3 trillion just in Iraq. And massacred 5000 American servicemen for no purpose. Dejavue Nam.).

We are still in a Obama economy. Things that make profits today were instituted four and ten years ago. But we are now seeing job losses in sectors that Trump is protecting.

Again, American Keg (its president) foolishly believed Trump's Steel tariffs would be good. Months later, he had to fire one third of his employees due to a massive loss of sales.

US Steel, a Trump protected industry, recently laid off 800 workers and closed two blast furnaces. One in IN was their largest. Again, bean counters and a communist (one whose only purpose is to advance himself) explains why jobs were and will continue to be lost.

Why? Trump supporters (wacko extremists) want to wreck shit. And say so openly here.

The Economist magazine made it obvious this week. Publication based in facts (not the emotions of a child) show a picture of people only an extremist would love. Twitterdum amd Twaddledee. People only elected because they lie so much: Donald Trump and Boris Johnson. Lies inspire extremists (adults who are emotional and are therefore still think like children).

Extremists need not be honest. They are preaching to the many who cannot bother to learn how the world really works. They so hate themselves as to even listen to what Fox News orders then to think. (Fox News openly said those people in the New Orleans Superdome and Convention Center were not denied food for three days.) Better is to be told how to think rather than burn too many calories thinking for one's self.

This recession apparently started in January. Job losses may happen today. But serious job losses are expected in four years if concepts promoted by wacko extremists are not reversed.

Stock market crashed in 1929 because economics said the economy was self destructing. Therefore jobs were lost mostly in 1933. We all are suppose to learn from history - not from Fox News and our resident wacko extremists.
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Old 10-03-2019, 09:20 AM   #141
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I was forced out of work, they offered me money to stay home.
What year was that?
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Old 10-03-2019, 09:45 AM   #142
Griff
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Bernie was hospitalized yesterday. Good health sir.
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Old 10-03-2019, 09:47 AM   #143
Griff
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What year was that?
Are you suggesting to tw that something bad happened before Trump?!

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Old 10-03-2019, 11:13 AM   #144
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What year was that?
10 years ago.
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Old 10-03-2019, 12:05 PM   #145
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Not a coincidence, then. Celebrity Apprentice had been on the air for a year at that point.
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Old 10-04-2019, 09:32 AM   #146
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Trump is 73, yeah?

Pretty much -- accordin' to extremists -- every bad thing in the past three quarters of a century is Trumps's fault. Hurricanes, earthquakes, fires, etc.

The man is literally -- accordin' to extremists -- the Four Horsemen of he Apocalypse rolled up into one Orange bundle.
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Old 10-04-2019, 12:27 PM   #147
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Accordin' to extremists -- every bad thing in the past three quarters of a century is fake news.
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Old 10-04-2019, 05:57 PM   #148
henry quirk
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hyperbolic drivel

you're gettin' to be as crappy as tw
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Old 10-04-2019, 11:40 PM   #149
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And you're getting as ridiculous as Urbane Gorilla.
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Old 10-05-2019, 08:21 AM   #150
sexobon
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The four of you can double date.

Another successful Cellar matchmaker story.

Other notable successes:

Lumberjim and Gravdigr
BigV and Dude111
Undertoad and Flint
Sexobon and …

… Uh-oh, we made need a poll. It may need to enable multiple selections. I hope it includes some women. I'll be all alone until then.
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