Unemployment, Amazon wages

[Deesse23]

While we were focused on Kavanaugh:

Unemployment dropped to its lowest level in 49 years

Wow! The graph clearly shows that the unemployment fell steadily since 2009! Thats very impressive.

Speaking as an outsider to the US: I wonder what happened around 2008-2009 (around or after the big crisis) and lasted until now, to make the economy recover so impressively?
Clearly its not Trumps election in 2016, unless you claim the US economy to be working like quantum mechanics (where cause can precede effect according to some interpretations).

The article also mentions that salary increases seem to be a bit "disappointing". Almost as if a lot of americans have jobs.......with underwhelming turnout. Almost as if..........someone else but the people doing the actual work is collecting the money.

Maybe i got the wrong impression. Wouldnt be the first german to do so, right?

---

Lower taxes (Trump) and less burdensome regulation (Trump) --> greater investment in business --> more jobs --> lower unemployment --> employers forced to bid up wages.

Yeah, its really impressive how Trump, elected in 2016, created so many jobs in the mid 2010s.
Almost.........magic.

[Brian37]

Lower taxes (Trump) and less burdensome regulation (Trump) --> greater investment in business --> more jobs --> lower unemployment --> employers forced to bid up wages.

Um no dumbass, lower taxes on billionaires only means they sit on more profits. No regulations means they can get away with dumping coal ash and Genex into water supplies. 

If you stupidly think that regulations hurt businesses, then tell me why the auto industry DID NOT GO OUT OF BUSINESS adapting things like FUCKING SEAT BELTS AND AIR BAGS. Why didn't they go out of business when they were forced to take LEAD out of gas?

BECAUSE REGULATIONS are not there to punish businesses YOU STUPID FUCK! They are there to promote BETTER BUSINESS PRACTICES and spark INNOVATION!

The ONLY real argument about keeping or ditching any regulation IS AGE and effectiveness. BUT THAT IS IT.

"No regulations" at all only benefits those who can use wealth to bully everyone else.

Do you stupidly think cell phones would work if we stuck to rotary phone laws?

You have this bullshit utopia concept of "no rules" and you are a moron for thinking that works.

[The Grand Nudger]

IDK why people still pretend that trickle down works.  Even the politicians who vote for it know that it doesn't.

[Brian37]

IDK why people still pretend that trickle down works.  Even the politicians who vote for it know that it doesn't.

I am serious when I say the same con gatekeepers worldwide, be it political or economic or religious use to keep power, is the same. Dangle a bullshit utopia in front of the masses and you can get them on the hamster wheel to chase the carrot, when the real carrot to be had is that they shouldn't be so gullible.

[downbeatplumb]

While we were focused on Kavanaugh:

Unemployment dropped to its lowest level in 49 years

and...

Amazon raised its minimum wage to $15/hour

MAGA baby!

Wait for Trumps policies to bite. At the moment you are riding the Obama boom. The crash will be huge. Doesn't really matter now though. Trumps environmental policy has doomed the world so we may as well party to the end. Fucking Republicans, evil sons of bitches every single one.

[Minimalist]

Poor Heinrich.... he's happy that wages are going up which puts him at odds with the rest of the scumbag republicunts who call the shots.

These five fucktards are not alone.

https://www.thoughtco.com/members-of-con...ge-3367838

5 Politicians Who Would Abolish the Minimum Wage
Republican Lawmakers See No Point in Federal Law

And as far as Der Orange Turdfuhrer goes, that motherfucker changes his mind every time he opens his mouth on the issue.  Which is about what one would expect from an unprincipled fucktard like him.

You better get back in line, Heinrich.  When you're goosestepping and fuck it up the guy behind you will kick you in the ass.

[Minimalist]

Ah... the devil is always in the details.  The one thing the capitalist fucks understand is that a catchy headline is enough to fool the trumptard morons!

https://www.nytimes.com/2018/10/09/techn...ss&emc=rss

Why Some Amazon Workers Are Fuming About Their Raise

But in Amazon warehouses across the country, many longtime workers are fuming that — based on the information they have received so far — they may end up making thousands of dollars less a year.

Yes, Amazon is increasing wages, which will benefit most employees. But it will no longer give out new stock grants and monthly bonuses. Some workers believe that means their total compensation will shrink.

I remember from my union days that if a manager says something and his lips are moving, he's lying.  Some things never change.

[The Valkyrie]

I'll give Trump credit when he puts into law a nationwide minimum wage of $15 an hour.

But since he represents the greedy...

[Brian37]

I'll give Trump credit when he puts into law a nationwide minimum wage of $15 an hour.

But since he represents the greedy...

Oh he'd do that, while allowing corporations, housing, and drug companies and education loan sharks and credit card companies to raise prices at the same time. 

The GOP and giant corporations know this trick. They have been pulling that shit since Reagan. Like I told Alpha, raising the wage to $15 wont mean shit if the cost of living goes up outpacing and eating up that increase.

[Reducetarian]

People seem to be fixated on low unemployment numbers, as if they tell the whole story, because for so long, high unemployment reflected the fact that so many were competing for fewer and fewer jobs.

The truth is that unemployment is often simply a reflection of demographics, and given all the baby boomers who are retiring, low unemployment is to be expected as fewer people are of an age to compete for jobs. This is completely independent of government policy.

But very low unemployment does not necessarily translate into increased opportunity: it does not reflect the jobs that have been automated due to labour shortages, and are thus never coming back, or jobs that might have existed but don't exist because of lack of innovation or start-up opportunities. It doesn't reflect the skills gap between an undereducated labour force and high-skilled jobs desperate for high quality workers.

A higher demand for labour may be good for some members of the labour force, but it can be crippling for small businesses, causing many to fail, which stifles competitiveness and dampens the effectiveness of economic stimulus measures.

It used to be that if you had a job, you could expect a decent salary and benefits, save for retirement, a comfortable life.
But thanks to union-busting and "right-to-work" legislation (God how I hate that term), so few of those good jobs exist now, and those that do exist require higher education, leading to academic debt, and lower standards of living: a vicious circle.

Also keep in mind the number of people who now need to work 2 jobs, (or at least moonlight) just to survive, and the picture is bleaker still.
Today, holding down a minimum wage job, or even two jobs, is closer to indentured servitude than the American dream.

Now if you could show me how lower unemployment leads to a reduction in the gap between rich and poor, then I'd be on board.
But sadly, I have yet to see this play out.