SoCal Deek Posted May 6, 2019 Share Posted May 6, 2019 13 hours ago, plenzmd1 said: i disagree a bit, but for sake of argument, let's say you are correct. We are basically at zero unemployment now. Where are you going to find workers to train? Boomers retiring at a faster pace then Gen Z are entering the workforce. Millions of open jobs can and will be, a negative effect on the economy for a myriad of reasons. Why not immigrants? We’ll find new workers the same way the country always has, through legal immigration. Nobody is against that, not even the President. Get in line and enter the country legally just like pretty much all of our ancestors did. It’s not complicated. It’s called the Rule of Law. 1 Link to comment Share on other sites More sharing options...
Azalin Posted May 6, 2019 Share Posted May 6, 2019 21 hours ago, plenzmd1 said: i disagree a bit, but for sake of argument, let's say you are correct. We are basically at zero unemployment now. Where are you going to find workers to train? Boomers retiring at a faster pace then Gen Z are entering the workforce. Millions of open jobs can and will be, a negative effect on the economy for a myriad of reasons. Why not immigrants? This sounds to me to be exactly the kind of problem that we should want. Wages will increase to attract new hires as employers compete to fill job vacancies. People will develop greater skills in order to become more attractive to prospective employers. More unskilled labor will be filled via automation, especially with the deployment of 5G imminent. I see these as symptoms of prosperity, not as negatives at all. 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted May 6, 2019 Share Posted May 6, 2019 1 hour ago, Azalin said: This sounds to me to be exactly the kind of problem that we should want. Wages will increase to attract new hires as employers compete to fill job vacancies. People will develop greater skills in order to become more attractive to prospective employers. More unskilled labor will be filled via automation, especially with the deployment of 5G imminent. I see these as symptoms of prosperity, not as negatives at all. Correct on all accounts. And the old school way of thinking about Job Training is fading fast. Technology is evolving so rapidly that the idea of having to attend a class at some behind the times junior college just to learn new software will be a distant memory and considered a total waste of time and money. 1 Link to comment Share on other sites More sharing options...
Deranged Rhino Posted May 6, 2019 Share Posted May 6, 2019 1 Link to comment Share on other sites More sharing options...
Hedge Posted May 7, 2019 Share Posted May 7, 2019 Link to comment Share on other sites More sharing options...
B-Man Posted May 7, 2019 Share Posted May 7, 2019 New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. , Link to comment Share on other sites More sharing options...
Koko78 Posted May 7, 2019 Share Posted May 7, 2019 3 minutes ago, B-Man said: New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. , All this proves is that King Andrew needs to tax the "rich" even more, and punish those evil corporations across the state with more crushing regulations and fees! Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 8, 2019 Share Posted May 8, 2019 1 hour ago, B-Man said: New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. To be fair, it is possible the 2017 prepay (hubby and I did it) was a tax revenue shuffle for NYS as claimed later in the article. The article said business tax revenues were up 10%, personal down 6.6% so theoretically, the Budget Office may be correct - a lot of people took advantage of the prepay before SALT limits took place. They lose credibility when they remark on a "expectations of a slowing economy". And they need to stop spending so much - up 4.4%. Shesh Link to comment Share on other sites More sharing options...
leh-nerd skin-erd Posted May 8, 2019 Share Posted May 8, 2019 3 hours ago, B-Man said: New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. , I live in the Albany area and was downtown last summer. While waiting for my daughter to finish a meeting, I sat in front of the Capitol building in the photo from the article on a nice sunny day. I wanted to head up the front steps of that incredibly beautiful building just to walk the path that so many famous Americans had tread previously, unfortunately, there were barricades up front preventing ordinary citizens like me from doing so. No notes, no apparent construction, just a cold steel barrier and quite a few cops around the area. I did wonder what might happen if I jumped the...let's call it a wall...and made my way to the top. Would law enforcement come and harass me, maybe ask me for my...let's call them papers? Would good old Andy Cuomo intervene on my behalf? I decided not not to risk it. I'm not Andy's type of NYer. 2 hours ago, Buffalo_Gal said: To be fair, it is possible the 2017 prepay (hubby and I did it) was a tax revenue shuffle for NYS as claimed later in the article. The article said business tax revenues were up 10%, personal down 6.6% so theoretically, the Budget Office may be correct - a lot of people took advantage of the prepay before SALT limits took place. They lose credibility when they remark on a "expectations of a slowing economy". And they need to stop spending so much - up 4.4%. Shesh Fair enough, but when Cuomo first broke the news of the decrease in revenue, he sounded troubled by it. I'm not one to suggest he's scared or panicking, but he most definitely sounded unsettled. for all their reassurance, nearly $4bill is a damn chunk of money they most definitely need to keep this little 3 Card Monty game rolling. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 8, 2019 Share Posted May 8, 2019 3 hours ago, leh-nerd skin-erd said: I live in the Albany area and was downtown last summer. While waiting for my daughter to finish a meeting, I sat in front of the Capitol building in the photo from the article on a nice sunny day. I wanted to head up the front steps of that incredibly beautiful building just to walk the path that so many famous Americans had tread previously, unfortunately, there were barricades up front preventing ordinary citizens like me from doing so. No notes, no apparent construction, just a cold steel barrier and quite a few cops around the area. I did wonder what might happen if I jumped the...let's call it a wall...and made my way to the top. Would law enforcement come and harass me, maybe ask me for my...let's call them papers? Would good old Andy Cuomo intervene on my behalf? I decided not not to risk it. I'm not Andy's type of NYer. Fair enough, but when Cuomo first broke the news of the decrease in revenue, he sounded troubled by it. I'm not one to suggest he's scared or panicking, but he most definitely sounded unsettled. for all their reassurance, nearly $4bill is a damn chunk of money they most definitely need to keep this little 3 Card Monty game rolling. No doubt. He has made comments recently about not being able to tax the rich continually. I "think" he sees what is happening, but can he contain Albany's spendthrift way? Does he really want to? 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted May 8, 2019 Share Posted May 8, 2019 WTF how is NY State going to build the Bills a new stadium now! 1 Link to comment Share on other sites More sharing options...
B-Man Posted May 8, 2019 Share Posted May 8, 2019 . Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 8, 2019 Share Posted May 8, 2019 Electric trucks? Link to comment Share on other sites More sharing options...
DC Tom Posted May 9, 2019 Share Posted May 9, 2019 8 hours ago, Buffalo_Gal said: Electric trucks? It's what redneck androids dream of. 1 Link to comment Share on other sites More sharing options...
Chef Jim Posted May 9, 2019 Share Posted May 9, 2019 On 5/7/2019 at 4:18 PM, B-Man said: New York state tax revenues plummet by $3.7 billion. In the midst of an economic boom. , We have a surplus (thanks Donald) and pretty boy Gavin still wants to raise taxes. https://amp.sacbee.com/news/politics-government/capitol-alert/article230101754.html Link to comment Share on other sites More sharing options...
/dev/null Posted May 9, 2019 Share Posted May 9, 2019 1 hour ago, DC Tom said: It's what redneck androids dream of. 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 10, 2019 Share Posted May 10, 2019 The Trump administration is walking an economic tightrope as well as any seen before.US consumer prices rose in April, but underlying inflation remains tame* U.S. consumer prices rose in April but underlying inflation remained muted. * The data suggested the Federal Reserve could keep interest rates unchanged for a while. * The Labor Department said its Consumer Price Index increased 0.3% last month, lifted by rising gasoline, rents, and health-care costs. </snip> 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 10, 2019 Share Posted May 10, 2019 This could also go in foreign politics, but I think works better here: (thread, but the first three tweets are the meat of it) And then as he finishes up... ? 1 Link to comment Share on other sites More sharing options...
Koko78 Posted May 11, 2019 Share Posted May 11, 2019 (edited) 7 hours ago, Buffalo_Gal said: And then as he finishes up... ? Damn, he is a master troll. ? Edited May 11, 2019 by Koko78 2 Link to comment Share on other sites More sharing options...
BeginnersMind Posted May 11, 2019 Share Posted May 11, 2019 Big loss for us if we don’t get this deal done. It is the most important thing this administration is doing. I hope they can close it. Link to comment Share on other sites More sharing options...
3rdnlng Posted May 11, 2019 Share Posted May 11, 2019 45 minutes ago, BeginnersMind said: Big loss for us if we don’t get this deal done. It is the most important thing this administration is doing. I hope they can close it. I can agree with you that it is important but it is a loss only in comparison to what we hope it to be. As of today, we are already ahead. Link to comment Share on other sites More sharing options...
BeginnersMind Posted May 11, 2019 Share Posted May 11, 2019 6 minutes ago, 3rdnlng said: I can agree with you that it is important but it is a loss only in comparison to what we hope it to be. As of today, we are already ahead. If he makes this deal happen and China sticks to it, it’s not only good the US, it’s good for the world. Nothing he will do besides this will be anything by comparison. He tackled an issue that his predecessor had neither the balls nor the economic position to tackle. I hope he can can close it and think he will. But the fat lady isn’t singing yet. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted May 11, 2019 Share Posted May 11, 2019 1 16 minutes ago, BeginnersMind said: If he makes this deal happen and China sticks to it, it’s not only good the US, it’s good for the world. Nothing he will do besides this will be anything by comparison. He tackled an issue that his predecessor had neither the balls nor the economic position to tackle. I hope he can can close it and think he will. But the fat lady isn’t singing yet. China sticking to an agreement is a BIG "if". Like you, I hope it happens. Link to comment Share on other sites More sharing options...
BeginnersMind Posted May 11, 2019 Share Posted May 11, 2019 (edited) China will stick to it if it’s a good deal. If not, they won’t. Trump gets the issue. It remains to be seen if he closes on it. He has the same issue in NK. And with Iran. So far we have talks, which is good, but mean little without closure and adherence (and with all these parties a mechanism to measure adherence). Edited May 11, 2019 by BeginnersMind Link to comment Share on other sites More sharing options...
row_33 Posted May 11, 2019 Share Posted May 11, 2019 Winning every day Link to comment Share on other sites More sharing options...
Tiberius Posted May 13, 2019 Share Posted May 13, 2019 Idiot Quote Their is no reason for the U.S. Consumer to pay the Tariffs, which take effect on China today. This has been proven recently when only 4 points were paid by the U.S., 21 points by China because China subsidizes product to such a large degree. Also, the Tariffs can be..... — Donald J. Trump (@realDonaldTrump) May 13, 2019 ..There will be nobody left in China to do business with. Very bad for China, very good for USA! But China has taken so advantage of the U.S. for so many years, that they are way ahead (Our Presidents did not do the job). Therefore, China should not retaliate-will only get worse! — Donald J. Trump (@realDonaldTrump) May 13, 2019 Link to comment Share on other sites More sharing options...
Tiberius Posted May 13, 2019 Share Posted May 13, 2019 China retaliates, will raise tariffs on $60 billion in U.S. goods Beijing’s announcement comes days after the United States ratcheted up tariffs on Chinese imports as trade talks stumbled. By Taylor Telford, Damian Paletta and Gerry Shih 34 minutes ago BREAKING NEWS Dow plunges at market open as trade war heightens jitters Link to comment Share on other sites More sharing options...
Deranged Rhino Posted May 13, 2019 Share Posted May 13, 2019 Link to comment Share on other sites More sharing options...
Chef Jim Posted May 13, 2019 Share Posted May 13, 2019 11 minutes ago, Tiberius said: China retaliates, will raise tariffs on $60 billion in U.S. goods Beijing’s announcement comes days after the United States ratcheted up tariffs on Chinese imports as trade talks stumbled. By Taylor Telford, Damian Paletta and Gerry Shih 34 minutes ago BREAKING NEWS Dow plunges at market open as trade war heightens jitters Awesome!! I’ve been looking for an opportunity to fully fund my SEP for last year. Thanks Donald! Link to comment Share on other sites More sharing options...
Tiberius Posted May 13, 2019 Share Posted May 13, 2019 Just now, Chef Jim said: Awesome!! I’ve been looking for an opportunity to fully fund my SEP for last year. Thanks Donald! Thanking incompetence, how good of you! Link to comment Share on other sites More sharing options...
leh-nerd skin-erd Posted May 13, 2019 Share Posted May 13, 2019 On 5/8/2019 at 9:03 PM, Chef Jim said: We have a surplus (thanks Donald) and pretty boy Gavin still wants to raise taxes. https://amp.sacbee.com/news/politics-government/capitol-alert/article230101754.html 6 months of paid family leave for birth of a child. Yowza. Link to comment Share on other sites More sharing options...
Chef Jim Posted May 13, 2019 Share Posted May 13, 2019 5 minutes ago, Tiberius said: Thanking incompetence, how good of you! Sooooo when the market tanks it’s his incompetence? So that means that it hitting record highs during his term his competence? I knew you’d come around. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted May 13, 2019 Share Posted May 13, 2019 Weeeeeeeeeeeeee!!!! We will tax ourselves to prosperity! Just now, Chef Jim said: Sooooo when the market tanks it’s his incompetence? So that means that it hitting record highs during his term his competence? I knew you’d come around. This was a direct result of his actions. How was the growth of the economy this past ten years his doing? You can't answer that question Link to comment Share on other sites More sharing options...
leh-nerd skin-erd Posted May 13, 2019 Share Posted May 13, 2019 (edited) 11 minutes ago, Chef Jim said: Awesome!! I’ve been looking for an opportunity to fully fund my SEP for last year. Thanks Donald! Barrack Obama slow jammed with Jimmy Fallon, personally imagined hundreds of thousands of jobs coming 9-10 years after he was elected, and set the stage for business leaders to acknowledge Trump's role in deregulation and tax cuts for middle class Americans. He rightly should take credit for the Chinese tariff blow back and rest assured it IS part of His master plan. I'm boycotting Ho Lee Fuk's Chinese Emporium as payback. HELL NO TO GENERAL TSO! HELL NO TO GENERAL TSO! Edited May 13, 2019 by leh-nerd skin-erd 1 Link to comment Share on other sites More sharing options...
Tiberius Posted May 13, 2019 Share Posted May 13, 2019 Just say no! Trump doubles down on China tariffs, saying there is 'no reason' for US consumers to pay them Link to comment Share on other sites More sharing options...
Tiberius Posted May 13, 2019 Share Posted May 13, 2019 Aide instead of trade! Welfare Quote CHICAGO/WASHINGTON — U.S. Agriculture Secretary Sonny Perdue said on Friday that President Donald Trump had asked him to create a plan to help American farmers cope with the heavy impact of the U.S.-China trade war on agriculture. A new aid program would be the second round of assistance for farmers, after the Department of Agriculture's $12 billion plan last year to compensate for lower prices for farm goods and lost sales stemming from trade disputes with China and other nations. https://www.nytimes.com/reuters/2019/05/10/business/10reuters-usa-trade-china-farmers.html Link to comment Share on other sites More sharing options...
KRC Posted May 13, 2019 Share Posted May 13, 2019 1 hour ago, Chef Jim said: Sooooo when the market tanks it’s his incompetence? So that means that it hitting record highs during his term his competence? I knew you’d come around. When it tanks, it is because of Trump. When it excels, it is because of Obama. Get with the program!! Link to comment Share on other sites More sharing options...
Tiberius Posted May 13, 2019 Share Posted May 13, 2019 Oh boy China may stop purchasing US agricultural products and energy, reduce Boeing orders and restrict US service trade with China. Many Chinese scholars are discussing the possibility of dumping US Treasuries and how to do it specifically. — Hu Xijin 胡锡进 (@HuXijin_GT) May 13, 2019 Link to comment Share on other sites More sharing options...
3rdnlng Posted May 13, 2019 Share Posted May 13, 2019 7 minutes ago, Tiberius said: Oh boy China may stop purchasing US agricultural products and energy, reduce Boeing orders and restrict US service trade with China. Many Chinese scholars are discussing the possibility of dumping US Treasuries and how to do it specifically. — Hu Xijin 胡锡进 (@HuXijin_GT) May 13, 2019 For your own sake, never play poker for money. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted May 13, 2019 Share Posted May 13, 2019 12 minutes ago, 3rdnlng said: For your own sake, never play poker for money. STFU Link to comment Share on other sites More sharing options...
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