Jump to content

Biden creates an economic crisis--Unemployment, Inflation, risk of STAGLFATION increasing


Recommended Posts

23 minutes ago, Governor said:

You have to stop being so sad. It was a great day. Record day in the markets, infrastructure bills passing.

 

Joe also told business owners to piss off and pay a living wage. Unemployment and inflation decreasing. The whole premise for this thread is fake.

 

Great days ahead!

well, as a business owner and my fiance also a business owner, we will be cutting back on employees.  see how that works?

Link to comment
Share on other sites

1 hour ago, Governor said:

You have to stop being so sad. It was a great day. Record day in the markets, infrastructure bills passing.

 

Joe also told business owners to piss off and pay a living wage. Unemployment and inflation decreasing. The whole premise for this thread is fake.

 

Great days ahead!

 

The only true thing you said is that it was a record day in the markets.  Which only helps the rich, like we were told when Trump was President.  The rest is fantasy.

 

56 minutes ago, Beach said:

oh, i mean there will be less employees

 

Yup.  Fewer employees and rising prices.  But on the bright side, many of those you and others get rid of will stop looking for work and make those unemployment numbers look better...

Link to comment
Share on other sites

7 hours ago, Beach said:

well, as a business owner and my fiance also a business owner, we will be cutting back on employees.  see how that works?

 

Dems abhor small business.
 

Too small and numerous to have effective authoritarian regulatory oversight, provide upward mobility, proprietors tend to lack government reliance, harder to corrupt with unions. Small businesses and the ability to start one represent the traditional’land of opportunity’,  ‘American dream’ and is an icon of capitalism. 
 

Small business stands for everything the socialists distain.

  • Like (+1) 3
Link to comment
Share on other sites

9 hours ago, Chef Jim said:


If everything is so great why is the government having to hand out money like candy on Halloween? 

 

Probably because your dear leader thought COVID-19 was a hoax and refused to take any meaningful steps to mitigate it before hundreds of thousands of people died and the economy was nearly shattered last year.  That's what started the whole thing.  Now people are used to their Trump Socialism handouts and we have to wean ourselves from such monies.  The free money should have stopped awhile ago.  But you have nobody but Trump to blame for this mess. 

9 hours ago, Beach said:

well, as a business owner and my fiance also a business owner, we will be cutting back on employees.  see how that works?

 

Yup.  I do.  You're going to have trouble finding employees if you don't pay a living wage.  See the restaurant industry.  Everyone there is whining because they can't find help.  Guess what!  It turns out that people have decided not to do their crap work on a crap second shift for a crap wage.  

Link to comment
Share on other sites

15 minutes ago, SectionC3 said:

 

Probably because your dear leader thought COVID-19 was a hoax and refused to take any meaningful steps to mitigate it before hundreds of thousands of people died and the economy was nearly shattered last year.  That's what started the whole thing.  Now people are used to their Trump Socialism handouts and we have to wean ourselves from such monies.  The free money should have stopped awhile ago.  But you have nobody but Trump to blame for this mess. 

 

Yup.  I do.  You're going to have trouble finding employees if you don't pay a living wage.  See the restaurant industry.  Everyone there is whining because they can't find help.  Guess what!  It turns out that people have decided not to do their crap work on a crap second shift for a crap wage.  

I’ve never seen this in my lifetime. Red states took away unemployment and people still refuse to work for less than 15 an hour. Millions are quitting their crappy jobs. It’s pretty amazing.

  • Like (+1) 1
Link to comment
Share on other sites

31 minutes ago, Governor said:

I’ve never seen this in my lifetime. Red states took away unemployment and people still refuse to work for less than 15 an hour. Millions are quitting their crappy jobs. It’s pretty amazing.


fascinating, turns out when you print and handout money for doing nothing, people are happy to take it and do nothing. Who ever could have predicted humans are inherently lazy? 
 

it’s Almost as if there needs to be some kind of economic system that incentivizes productivity to keep people engaged and working so they don’t become parasites. 

  • Like (+1) 1
Link to comment
Share on other sites

13 minutes ago, Over 29 years of fanhood said:


fascinating, turns out when you print and handout money for doing nothing, people are happy to take it and do nothing. Who ever could have predicted humans are inherently lazy? 
 

it’s Almost as if there needs to be some kind of economic system that incentivizes productivity to keep people engaged and working so they don’t become parasites. 

But that’s not what we’re seeing. The added 300/week wasn’t the reason people aren’t returning to work. 
 

Businesses that realized this early on and raised their wages will be the ones that survive. The others will be gone in a year. The floor is now 15/hour and no one is returning to awful restaurant/retail work. Not ever.

Edited by Governor
Link to comment
Share on other sites

3 hours ago, Over 29 years of fanhood said:

 

Dems abhor small business.
 

Too small and numerous to have effective authoritarian regulatory oversight, provide upward mobility, proprietors tend to lack government reliance, harder to corrupt with unions. Small businesses and the ability to start one represent the traditional’land of opportunity’,  ‘American dream’ and is an icon of capitalism. 
 

Small business stands for everything the socialists distain.

People love capitalism when they have an unfair advantage over workers. Once that shifts towards workers ever so slightly, you lose your minds and pretend there’s a labor shortage when it’s about low wages.

 

It’s time to pay up chompers. Businesses that don’t will be gone, and they’ll be replaced with ones that do. See how that works?

 

 

Link to comment
Share on other sites

53 minutes ago, Governor said:

But that’s not what we’re seeing. The added 300/week wasn’t the reason people aren’t returning to work. 
 

Businesses that realized this early on and raised their wages will be the ones that survive. The others will be gone in a year. The floor is now 15/hour and no one is returning to awful restaurant/retail work. Not ever.

Wage floors are artificial, sort of like most people’s understanding of economics. 
 

since labor is a significant component of cogs, all adding an artificial floor does is inflate the cost of all domestic goods and services, raise the hh income needed to be out of poverty, and undermine competitiveness with lower wage nations who don’t follow suit. 

 

you celebrate progress that guarantees more destitution…  

 

but you know what three say, those who can do…. 

41 minutes ago, Governor said:

People love capitalism when they have an unfair advantage over workers. Once that shifts towards workers ever so slightly, you lose your minds and pretend there’s a labor shortage when it’s about low wages.

 

It’s time to pay up chompers. Businesses that don’t will be gone, and they’ll be replaced with ones that do. See how that works?

 

 


so naive. In a global economy get where those replacement businesses come from? 
 

you are so full of it. Why don’t you tell me how you only buy American everything even if it costs ten times more oh principled one? 

Link to comment
Share on other sites

8 minutes ago, Over 29 years of fanhood said:

Wage floors are artificial, sort of like most people’s understanding of economics. 
 

since labor is a significant component of cogs, all adding an artificial floor does is inflate the cost of all domestic goods and services, raise the hh income needed to be out of poverty, and undermine competitiveness with lower wage nations who don’t follow suit. 

 

you celebrate progress that guarantees more destitution…  

 

but you know what three say, those who can do…. 


so naive. In a global economy get where those replacement businesses come from? 
 

you are so full of it. Why don’t you tell me how you only buy American everything even if it costs ten times more oh principled one? 

You’re desperately holding onto a dead ideology. Trickle down failed, and the country has moved on.

 

The slaves aren’t coming back to anything that pays less than $15.

Link to comment
Share on other sites

 

the irony of this thought process, is the same people that are stomping their feet about white privilege being a systemic problem are the same who are stomping their feet saying they demand their entitled  and privileged existence. 
 

I thank you gov for shining the light on this irony… 

10 minutes ago, Governor said:

You’re desperately holding onto a dead ideology. Trickle down failed, and the country has moved on.

 

The slaves aren’t coming back to anything that pays less than $15.


must be nice to refuse to get off your but for less than 30 grand a year 

Edited by Over 29 years of fanhood
Link to comment
Share on other sites

5 minutes ago, Over 29 years of fanhood said:


It’s a dead ideology is that people pay the lowest price they can? Are you batty? 

The reality is, strong states have already put the $15 in place with great results, and we’ll just drag the weak Red states along kicking and screaming like we do with everything else.

Link to comment
Share on other sites

5 minutes ago, Governor said:

The reality is, strong states have already put the $15 in place with great results, and we’ll just drag the weak Red states along kicking and screaming like we do with everything else.

 

Which states are those? Actually name one state with $15 minimum wage and the great results. 

Edited by Over 29 years of fanhood
Link to comment
Share on other sites

10 minutes ago, Over 29 years of fanhood said:

 

the irony of this thought process, is the same people that are stomping their feet about white privilege being a systemic problem are the same who are stomping their feet saying they demand their entitled  and privileged existence. 
 

I thank you gov for shining the light on this irony… 


must be nice to refuse to get off your but for less than 30 grand a year 

Just because you and I had to work for nothing growing up doesn’t mean that it was ever ok, and doesn’t mean people should be paying their dues like we did in 2021. It’s that kind of bitterness that hurts the country as a whole.

1 minute ago, Over 29 years of fanhood said:

Name one state with $15 minimum wage. Just 1

Didn’t I just do that?

Edited by Governor
Link to comment
Share on other sites

On 5/7/2021 at 10:14 AM, BillStime said:

 

Poor people refusing to work unless they get paid more. Bonnie, who do they think they really are, CEOs?

 

Oh, and its a little early for this thread, @Big Blitz - considering the fact that Trump left Biden with the worst jobs record since Herbert Hoover.

 

 

 

https://www.washingtonpost.com/business/2020/09/05/trump-obama-economy/

 

Yah the worst jobs due entirely to the pandemic DA ! 

 

No President republican or democrat could have made the economy better in the same circumstances but you as usual decide to use that as a excuse because of your political biased, hatred & BS that you love to spread to keep you trying to look good but we all know where you come from .

 

So above is a article that shows (in my independent political view) the good bad and the ugly of Obama & Trump which i'm sure you will cherry pick what you want us to see through your rose colored glasses as usual but we have learned what to expect from you by now & will take it with a grain of salt !

 

But the charts and the numbers don't lie unlike some here . So bash away bash away bash away billstime .

Link to comment
Share on other sites

1 minute ago, Governor said:

Just because you and I had to work for nothing growing up doesn’t mean that it was ever ok, and doesn’t mean people should be paying their dues like we did in 2021. It’s that kind of bitterness that hurts the country as a whole.


hard work growing up served as a great motivator for me to grow far beyond minimum wage by working hard.  Not bitter about it at all. Having worked in manufacturing I’ve seen first hand what happens when labor costs rise, you have to lay off a bunch of people and hand your business to another country. I’m positive none of those people though they were losing their jobs because they are underpaid. When you live in utopian world ignorant of reality, it all sounds great.  

 

Why not make minimum wage $40 an hour right? 

 

People these days  scoff at working hard and working your way up, especially those ignorant of basic economics… but I blame the education system for that. Economic illiteracy is even prolific in people with advanced college degrees. 
 

Link to comment
Share on other sites

5 minutes ago, Over 29 years of fanhood said:


hard work growing up served as a great motivator for me to grow far beyond minimum wage by working hard.  Not bitter about it at all. Having worked in manufacturing I’ve seen first hand what happens when labor costs rise, you have to lay off a bunch of people and hand your business to another country. I’m positive none of those people though they were losing their jobs because they are underpaid. When you live in utopian world ignorant of reality, it all sounds great.  

 

Why not make minimum wage $40 an hour right? 

 

People these days  scoff at working hard and working your way up, especially those ignorant of basic economics… but I blame the education system for that. Economic illiteracy is even prolific in people with advanced college degrees. 
 

All of the major retailers start at $15 here in NJ. I believe they had until the end of the year to do that and decided to do it sooner.

 

It isn’t a debate on whether is should or shouldn’t happen. It already happened. You’re fighting a battle that you already lost a year ago.

Edited by Governor
Link to comment
Share on other sites

10 minutes ago, Governor said:

All of the major retailers start at $15 here in NJ. I believe they had until the end of the year to do that and decided to do it sooner.

 

It isn’t a debate on whether is should or shouldn’t happen. It already happened.

So you’re saying New Jersey has state minimum wage of $15/hr?

Link to comment
Share on other sites

1 minute ago, Over 29 years of fanhood said:

So you’re saying New Jersey has state minimum wage of $15/hr?

Yes. Goes into effect end of year. Many other states also. Maryland is probably only 1 year behind us. What is their timetable?

Edited by Governor
Link to comment
Share on other sites

Just now, Governor said:

Yes. Goes into effect end of year. Many other states also.

 Weird as of may 21 NJ has one of the highest unemployment rates in the country. 

https://www.bls.gov/charts/state-employment-and-unemployment/state-unemployment-rates-map.htm

Along with California and New York. I guess that’s that success story right? 

Link to comment
Share on other sites

2 minutes ago, Over 29 years of fanhood said:

 Weird as of may 21 NJ has one of the highest unemployment rates in the country. 

https://www.bls.gov/charts/state-employment-and-unemployment/state-unemployment-rates-map.htm

Along with California and New York. I guess that’s that success story right? 

This sadness has to stop.

 

When does Maryland go into effect?

Link to comment
Share on other sites

9 minutes ago, Governor said:

This sadness has to stop.

 

When does Maryland go into effect?

Sorry… don’t let data and basic economic literacy get in the way of a good narrative. 
 

Maryland - 5 or 6 years maybe ?  
 

Our production facility there was already forced to reduce labor by 50% replacing assembly workers with robotics in the past 5 years and also moved a bunch of lines to Foxconn in Shenzhen to stay competitive in our industry. The entire facility will probably be shuttered in the next couple years. 
 

ah progress…. 

Edited by Over 29 years of fanhood
Link to comment
Share on other sites

23 minutes ago, Over 29 years of fanhood said:

Sorry… don’t let data and basic economic literacy get in the way of a good narrative. 
 

Maryland - 5 or 6 years maybe ?  
 

Our production facility there was already forced to reduce labor by 50% with robotics in the past 5 years and moved a bunch of lines to Foxconn in Shenzhen to stay competitive in our industry. 

Nobody cares. You either pay a living wage or get out. No one is losing sleep over it except for billionaire CEOs.

 

If you cannot provide a living wage, the state of NJ does not want your unethical business operating here any longer. Go to Alabama and do that. 

Edited by Governor
Link to comment
Share on other sites

1 hour ago, Governor said:

You’re desperately holding onto a dead ideology. Trickle down failed, and the country has moved on.

 

The slaves aren’t coming back to anything that pays less than $15.

 

 

And you won't be eating or shopping at the restaurant/retail stores because the service and quality will be dead and gone.  There is a reason I just go straight to Amazon and all its slave labor for almost everything these days outside of my groceries that have gone up 40% in price.   

 

The mom and pop places thank you for your small business crushing and society damaging world view.  

   

And then we can all enjoy our fast chain ***t holes together, where a Number 7 costs $10.  In context, a family of 5 that isn't ordering off the "value" menu is definitely spending over $40 to $50 to eat at MCDONALD'S.  Family of 5 lololol.  Fun side effect of all this is the population control folks have convinced a generation its too expensive to have more then 1 or 2 kids.  It's brilliant!

 

 

 

Businesses adjust to regulation crushing policy that hurts them and the customer.  I was at Chipotle last week.  Had to order 2 bowls and a burrito.  $35.  Rice was dry.  Actually out of white rice.  Half the staff as usual.  So a 30 minute "line."  It was actually 15 people that pre 2020 took 10 minutes. 

 

One tiny scoop of chicken each bowl but they sure were kind with the corn.  But hey cool that 16 year old did work her tail off scooping it in.  Pay her $20 an hour. 

 

The skill is unrivaled.

Edited by Big Blitz
  • Agree 1
Link to comment
Share on other sites

4 minutes ago, Big Blitz said:

 

 

And you won't be eating or shopping at the restaurant/retail stores because the service and quality will be dead and gone.  There is a reason I just go straight to Amazon and all its slave labor for almost everything these days outside of my groceries that have gone up 40% in price.   

 

The mom and pop places thank you for your small business crushing and society damaging world view.  

   

And then we can all enjoy our fast chain ***t holes together, where a Number 7 costs $10.  In context, a family of 5 that isn't ordering off the "value" menu is definitely spending over $40 to $50 to eat at MCDONALD'S.  Family of 5 lololol.  Fun side effect of all this is the population control folks have convinced a generation its too expensive to have more then 1 or 2 kids.  It's brilliant!

 

 

 

Businesses adjust to regulation crushing policy that hurts them and the customer.

I was at Chipotle last week.  Had to order 2 bowls and a burrito.  $35.  Rice was dry.  Actually out of white rice.  Half the staff as usual.  So a 30 minute "line."  It was actually 15 people that pre 2020 took 10 minutes. 

 

One tiny scoop of chicken each bowl but they sure were kind with the corn.  But hey cool that 16 year old did work her tail off scooping it in.  Pay her $20 an hour. 

 

The skill is unrivaled.

Strangely enough, it was Amazon that helped set the floor at $15.

 

You have it entirely backwards. The working poor has money to spend and small businesses are thriving here in NJ.

Edited by Governor
  • Haha (+1) 2
Link to comment
Share on other sites

2 minutes ago, Governor said:

Nobody cares. You either pay a living wage or get out. No one is losing sleep over it except for billionaire CEOs.


A living wage is different depending on your cost of living. There is no ubiquitous living wage! But i understand, these are the shallow talking point of  a utopian mind cult., not based in any fundamental understanding of reality. 
 

Just make sure to remember how hypocritical it is to buy a Chinese made good because cots cheap. So un-socialist.

 

and those billionaire CEOs want higher minimum wages- it Makes it justification  to offshore write itself…
 

think democrats are saviors of the people?
 

Those billionaires funnel all that money to democrats because they want to pay more taxes snd can’t figure out how? No they want to break the ladder of social mobility to stay billionaires without competition… 
 

wake up! You’re being bamboozled. 

2 minutes ago, Governor said:

Strangely enough, it was Amazon that helped set the floor at $15.

Of course- how else do you cost justify self driving drone cars dummy

  • Haha (+1) 1
Link to comment
Share on other sites

4 minutes ago, Over 29 years of fanhood said:


A living wage is different depending on your cost of living. There is no ubiquitous living wage! But i understand, these are the shallow talking point of  a utopian mind cult., not based in any fundamental understanding of reality. 
 

Just make sure to remember how hypocritical it is to buy a Chinese made good because cots cheap. So un-socialist.

 

and those billionaire CEOs want higher minimum wages- it Makes it justification  to offshore write itself…
 

think democrats are saviors of the people?
 

Those billionaires funnel all that money to democrats because they want to pay more taxes snd can’t figure out how? No they want to break the ladder of social mobility to stay billionaires without competition… 
 

wake up! You’re being bamboozled. 

Of course- how else do you cost justify self driving drone cars dummy

Say hi to your new home in Birmingham, Alabama where it’s a race to the bottom and everyone’s poor. Yay! Isn’t this great??? Lol. You sure showed us right?

Link to comment
Share on other sites

10 minutes ago, Governor said:

Say hi to your new home in Birmingham, Alabama where it’s a race to the bottom and everyone’s poor. Yay! Isn’t this great??? Lol. You sure showed us right?

Poor and violent? like EVERY CITY in New Jersey?

 

 

 

https://www.google.com/amp/s/abc7ny.com/amp/9-50-most-miserable-cities-are-in-new-jersey-list/5595210/

 

a steaming pile of blue! With the exception of a few wealthy burbs propped up by adjacent cities in other states, one of the worst places to live in the country. Wow

 

 

Biringham is an interesting reference. 2.7% unemployment this past April. That’s a bad thing right?

 

https://www.bls.gov/regions/southeast/summary/BLSSummary_Birmingham.pdf

Edited by Over 29 years of fanhood
  • Haha (+1) 1
Link to comment
Share on other sites

20 minutes ago, Governor said:

Strangely enough, it was Amazon that helped set the floor at $15.

 

You have it entirely backwards. The working poor has money to spend and small businesses are thriving here in NJ.

 

 

Of course they did!

 

It's the same reason they support higher tax rates.

 

No small start up can compete with them because they can handle it.  

 

Big corporations will survive minimum wage and tax increases.  They often support them.

 

Because their competitors or potential start ups can not.  

  • Like (+1) 1
  • Agree 1
Link to comment
Share on other sites

2 minutes ago, Big Blitz said:

 

 

Of course they did!

 

It's the same reason they support higher tax rates.

 

No small start up can compete with them because they can handle it.  

 

Big corporations will survive minimum wage and tax increases.  They often support them.

 

Because their competitors or potential start ups can not.  

You guys will stick to your failed trickle down theory until it puts you on the streets. That’s dedication right there.

Link to comment
Share on other sites

1 minute ago, Big Blitz said:

 

 

Of course they did!

 

It's the same reason they support higher tax rates.

 

No small start up can compete with them because they can handle it.  

 

Big corporations will survive minimum wage and tax increases.  They often support them.

 

Because their competitors or potential start ups can not.  


Is it me or is it almost like these smart billionaires have figured out how to fool and take Advantage of naive subscribers to Utopianism, by making them think they are winning? 

My bad I guess this isn’t new, it’s been happening for centuries 

  • Like (+1) 2
Link to comment
Share on other sites

11 minutes ago, Governor said:

You guys will stick to your failed trickle down theory until it puts you on the streets. That’s dedication right there.


Your social welfare theory makes me want to consider living on the streets, instead of this drab working for a living thing. 
 

can I just drop a government subsidized trailer in you backyard and live there rent free since you are such a giver and presumably wealthy land owner? 

I promise to hold hands and sing cumbye-ah with you by the fire pit every night 

Edited by Over 29 years of fanhood
  • Thank you (+1) 1
Link to comment
Share on other sites

×
×
  • Create New...