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Freeloading Rusty said:
Mitch McConnell says the GOP will vote for the US to default on its debt
www.businessinsider.com

Mitch McConnell says the GOP will vote for the US to default on its debt

Nancy Pelosi and Chuck Schumer announced they would attach a debt-ceiling suspension to a government-funding bill, daring the GOP. McConnell answered.
www.businessinsider.com www.businessinsider.com
  • Pelosi and Schumer said they would attach a debt-ceiling suspension to the government-funding bill.
  • McConnell quickly struck down the idea, saying the GOP would not vote for the legislation.
  • They effectively dared him to vote for the US to default on its debt, and he met their dare.
Click to expand...
The debt ceiling is the dumbest thing in the world. It will always be raised except unless there is a perfect storm of political bickering it all it does is create an artificial showdown every few years.
The GOP has made a public overture and will Force of government shutdown to score political points. Government will come back and recovering from said shut down will cost more than the normal process of just running government anyways.
The debt ceiling will be raised with both sides claiming victory And blaming each other for the shutdown.

GOP presidents have consistently presided over the larger expansion of government for greater than 50 years. More recently Republican Congress and president agreed to run huge debts during a hot market pre-pandemic. This is the clearest most recent indication that Mitch and everybody else with him do not actually care about debt worries or deficits.
 
Hauler

Hauler

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Freeloading Rusty said:
Mitch McConnell says the GOP will vote for the US to default on its debt
www.businessinsider.com

Mitch McConnell says the GOP will vote for the US to default on its debt

Nancy Pelosi and Chuck Schumer announced they would attach a debt-ceiling suspension to a government-funding bill, daring the GOP. McConnell answered.
www.businessinsider.com www.businessinsider.com
  • Pelosi and Schumer said they would attach a debt-ceiling suspension to the government-funding bill.
  • McConnell quickly struck down the idea, saying the GOP would not vote for the legislation.
  • They effectively dared him to vote for the US to default on its debt, and he met their dare.
Click to expand...
Political posturing.
If there was a GOP Pres in office he'd be the loudest voice for the increase.

The fact we still have one is laughable.

The Gov spends like $2 for every $1 it collects in taxes, but I love how every other year or so one side suddenly gets self-righteous about fiscal responsibility and acts like they aren't a card-carrying member of the bloated turd that is DC.
 
Lukewarm Carl

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Hauler said:
Political posturing.
If there was a GOP Pres in office he'd be the loudest voice for the increase.

The fact we still have one is laughable.

The Gov spends like $2 for every $1 it collects in taxes, but I love how every other year or so one side suddenly gets self-righteous about fiscal responsibility and acts like they aren't a card-carrying member of the bloated turd that is DC.
Click to expand...
I'm not even sure which is worse at this point.
The Ds generally are consistent. "We want to spend but maybe not on that so can we spend some more on this and then I'll feel better about that."
The Rs are all "HELL NO we aren't going to spend a damned dime! Well.. Unless it's on ships and bombs and things that we want when we're in charge but to hell with spending on any of those exact things when we're not in charge!!!"
 
Hauler

Hauler

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Willthiswork said:
Hauler @Hauler


View: https://twitter.com/heynottheface/status/1440369730477428754?s=20
Click to expand...
I'm not against higher wages, but businesses should be competing with other businesses for workers. They shouldn't be competing against free money from the gov't.

Hypothetical numbers...
Would you rather get $18/hr to sit on your ass or $18/hr to work?

Or how about $18/hr doing nothing vs $25/hr and you have to get up every morning and go to work?

It's not apples to apples, which is why we are having such difficulty getting people back to work. People are weighing their options, and mid-morning doobies, all-day XBOX and afternoon naps are winning out over earning a paycheck. ?
 
D

Deleted member 1

Guest
Hauler said:
I'm not against higher wages, but businesses should be competing with other businesses for workers. They shouldn't be competing against free money from the gov't.

Hypothetical numbers...
Would you rather get $18/hr to sit on your ass or $18/hr to work?

Or how about $18/hr doing nothing vs $25/hr and you have to get up every morning and go to work?

It's not apples to apples, which is why we are having such difficulty getting people back to work. People are weighing their options, and mid-morning doobies, all-day XBOX and afternoon naps are winning out over earning a paycheck. ?
Click to expand...
www.13newsnow.com

Data shows end of federal unemployment benefits likely won't solve labor shortages

Federal unemployment benefit programs end Sept 4. Labor data shows states which cut benefits early saw a limited effect on job growth, countering a common narrative
www.13newsnow.com www.13newsnow.com


The end of federal unemployment benefits likely won’t solve labor shortages in certain industries, as jobs data shows many more people have left the workforce entirely – potentially for family or health reasons.
For months, politicians and many others have floated a narrative that expanded unemployment benefits are to blame for a shortage of retail, service and restaurant workers.
Some states cut benefits early, but labor data shows that had little impact on job growth.
“When comparing states that ended expanded benefits early to states who kept expanded benefits until this week, what that data shows is that job growth was actually higher from April through July in the states that kept expanded unemployment," McNab said.
In Hampton Roads, McNab said it will help when people who are receiving unemployment benefits find jobs, but it won’t solve labor shortages.
"You could take every unemployed worker, put them to work in hotels, bars and restaurants, and you would still have jobs that need to be filled. What does that mean? There’s just people who have left the labor force entirely," he said.
 
Hauler

Hauler

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Splinty said:
www.13newsnow.com

Data shows end of federal unemployment benefits likely won't solve labor shortages

Federal unemployment benefit programs end Sept 4. Labor data shows states which cut benefits early saw a limited effect on job growth, countering a common narrative
www.13newsnow.com www.13newsnow.com


The end of federal unemployment benefits likely won’t solve labor shortages in certain industries, as jobs data shows many more people have left the workforce entirely – potentially for family or health reasons.
For months, politicians and many others have floated a narrative that expanded unemployment benefits are to blame for a shortage of retail, service and restaurant workers.
Some states cut benefits early, but labor data shows that had little impact on job growth.
“When comparing states that ended expanded benefits early to states who kept expanded benefits until this week, what that data shows is that job growth was actually higher from April through July in the states that kept expanded unemployment," McNab said.
In Hampton Roads, McNab said it will help when people who are receiving unemployment benefits find jobs, but it won’t solve labor shortages.
"You could take every unemployed worker, put them to work in hotels, bars and restaurants, and you would still have jobs that need to be filled. What does that mean? There’s just people who have left the labor force entirely," he said.
Click to expand...
I don't care how many times you fuckos post that report, there's no way I'm going to believe that paying people to not work is a great way to actually get them to get back to work.

Changes in the labor market take time to play out. It's not a light switch.

You could take every unemployed worker, put them to work in hotels, bars and restaurants, and you would still have jobs that need to be filled.
Click to expand...
This may be true if you only count folks who are actively searching for work. If you don't look for work, don't you fall off the unemployment report? Legit question as I'm not sure.

And how many people made way more money with the Covid bennies than they did while working? If those folks are used to living paycheck to paycheck, maybe they are comfortable bleeding that surplus to zero before they get off their ass and get a job.
 
D

Deleted member 1

Guest
Hauler said:
This may be true if you only count folks who are actively searching for work. If you don't look for work, don't you fall off the unemployment report? Legit question as I'm not sure.
Click to expand...
Only if you aren't looking AND not drawing unemployment. By definition, those people are not taking the bennies.
 
Hauler

Hauler

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Also - I don't eat fast food so I find this humorous - The amount of people losing their fucking minds over local fast food joints closing early because they don't have enough workers to fill all their shifts is hilarious.

Losing. Their. Minds.

So bonus - Maybe we'll get healthier as a society.
 
D

Deleted member 1

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Hauler said:
...anymore
Click to expand...
If true, that is still irrelevant to that specific point.
The extended unemployment is not causing them to avoid work. They aren't on it before they even ran out. They have left the workforce while being offered bennies and your slave wages.

Perhaps killing 600,000 Americans and infecting millions more wasn't the best plan for economic stimulus.
Perhaps your labor shortage has a lot more to do with massive competition all at once following a year of layoffs, so workers have selection upon reentering that hasn't been fixed due to friction in the market place.
 
Hauler

Hauler

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Splinty said:
If true, that is still irrelevant to that specific point.
The extended unemployment is not causing them to avoid work. They aren't on it before they even ran out. They have left the workforce while being offered bennies and your slave wages.

Perhaps killing 600,000 Americans and infecting millions more wasn't the best plan for economic stimulus.
Perhaps your labor shortage has a lot more to do with massive competition all at once following a year of layoffs, so workers have selection upon reentering that hasn't been fixed due to friction in the market place.
Click to expand...
LOL @ slave wages

I'd buy the competition point if there were any companies who were fully staffed. Anecdotal - but just about every company around here is hiring.

My brother has been looking to hire 4 welders for the better part of 6 months. They start (and train) at $25/hr. That's up from the pre-pandemic rate of $18. Nothing. You won't buy a yacht at that rate, but I wouldn't call it slave labor either.

Drivers are hired guns at this point. Bouncing from job to job to collect hiring bonuses and a little more on the hour. There's a huge shortage so they are definitely in control.

Again - I don't care about higher wages. I've done a market correction for all my guys to keep them in line with what's out there and to keep them above what I need to pay new hires to get them in the door.

All that goes to the bottom line for the end user.
Where's that inflation thread?
 
D

Deleted member 1

Guest
Hauler said:
I'd buy the competition point if there were any companies who were fully staffed
Click to expand...
If they were fully staffed they wouldn't be competing with you for the same employee.
Hauler said:
Anecdotal - but just about every company around here is hiring.
Click to expand...
Yes that's what high competition for the worker looks like.


Hauler said:
Drivers are hired guns at this point. Bouncing from job to job to collect hiring bonuses and a little more on the hour. There's a huge shortage so they are definitely in control.
Click to expand...
That's also what competition for the worker looks like.
 
BeardOfKnowledge

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Splinty said:
If true, that is still irrelevant to that specific point.
The extended unemployment is not causing them to avoid work. They aren't on it before they even ran out. They have left the workforce while being offered bennies and your slave wages.

Perhaps killing 600,000 Americans and infecting millions more wasn't the best plan for economic stimulus.
Perhaps your labor shortage has a lot more to do with massive competition all at once following a year of layoffs, so workers have selection upon reentering that hasn't been fixed due to friction in the market place.
Click to expand...
For some reason, I feel like the 65+ crowd isn't really the economic driver you're portraying them as.
 
Hauler

Hauler

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