Unemployment Challenges Class of 2012

[Curt James]

Unemployment Challenges Class of 2012 - YouTube

While the job market has been improving for young people, the Class of 2012 is graduating into a world ripe with economic challenges. (June 11)

 

[LAM]

those that enter the workforce during periods of recession will earn an easy 20% less over the course of the lifetime depending on their field.

 

[Curt James]

^^^^ Thank you, Mr. Ray of Sunshine.

 

[LAM]

some of my friends have given me new nicknames ranging from Morpheus to The Harbinger of Doom. I am merely a purveyor of information to help people plan their future accordingly.

 

[Curt James]

some of my friends have given me new nicknames ranging from Morpheus to The Harbinger of Doom. I am merely a purveyor of information to help people plan their future accordingly.

 

[Wanna_B_Bigger]

Hell I'm from the class of 1989 and it's not too rosy for me either...

 

[heckler7]

50% percent of all surveys are meaningless half the time

 

[BFHammer]

25% of males from 25-55 years old are unemployed currently per DOL. Which is a huge indicator of economic health as that is the employee group that drives the workforce. Nothing against females though they generally tend to be in support positions or government jobs.
Businesses won't hire because of the crap Obama Bin Biden is forcing down their throats with Obamacare and insane regulations. The current cost of regulation compliance is estimated at 1.7 trillion, more than the federal budget. Business goes overseas because the government has a boot on their throats and hands in the piggy banks.

 

[LAM]

Businesses won't hire because of the crap Obama Bin Biden is forcing down their throats with Obamacare and insane regulations. The current cost of regulation compliance is estimated at 1.7 trillion, more than the federal budget. Business goes overseas because the government has a boot on their throats and hands in the piggy banks.

nice try but large US firms have been not hiring as many workers because of healthcare expenses for almost 2 decades now after they started exploding in the 80's. its' one of the main reasons why many company's outsource labor, not simply because of the old wage excuse and the cost of union labor.

and how can the cost of regulation be 1.7T if the total amount in taxes from business only account for 10% of US GDP?

many us large firms ship labor overseas not only to reduce payroll expenses but because of the low interest rates in the US they get a much higher return on capital even though those monies can't be brought back into the US before being taxed.

Contrary to conservative ideology, there is no such thing as a free market that is wholly divorced from laws, regulation and government. The market, as it exists, is a function of those property rights that were modified to exclude communal rights. The legal infrastructure of capitalism is what separates ownership from labor, and turns the marketplace into an inherently "owner friendly" institution.

Government created this marketplace because it created the infrastructure that makes it possible.

 

[BFHammer]

How are you confusing taxes with regulation?? Taxes are just an added burden wasting 65 billion man hours to file each year.
United States' economy: Over-regulated America | The Economist

A study for the Small Business Administration, a government body, found that regulations in general add $10,585 in costs per employee. It’s a wonder the jobless rate isn’t even higher than it is.

10.5k x 140 million give or take and there is your 1.7 trillion wasted so liberal government chair warmers can feel they actually do something useful.

Contrary to idiotic liberalism you can't make a perfect society by attempting to control the world through regulations and nanny state helmet wearing.

 

[LAM]

How are you confusing taxes with regulation?? Taxes are just an added burden wasting 65 billion man hours to file each year.
United States' economy: Over-regulated America | The Economist

A study for the Small Business Administration, a government body, found that regulations in general add $10,585 in costs per employee. It’s a wonder the jobless rate isn’t even higher than it is.

10.5k x 140 million give or take and there is your 1.7 trillion wasted so liberal government chair warmers can feel they actually do something useful.

Contrary to idiotic liberalism you can't make a perfect society by attempting to control the world through regulations and nanny state helmet wearing.

the cost of regulation gets deducted from profits which lowers the tax liability. when you pay an accountant to do your taxes, that's a deduction. if you outsource your HR, that's another deduction, etc.

going to the 2nd paragraph of that article in the economist:
"But red tape in America is no laughing matter. The problem is not the rules that are self-evidently absurd. It is the ones that sound reasonable on their own but impose a huge burden collectively. America is meant to be the home of laissez-faire. Unlike Europeans, whose lives have long been circumscribed by meddling governments and diktats from Brussels, Americans are supposed to be free to choose, for better or for worse. Yet for some time America has been straying from this ideal."

and that is exactly what brought us the Great Recession...free markets are a delusion and do not exist in reality as is self-regulation of the markets..it's been tried before and it didn't work why do you think there is so much regulation today? it didn't start out that way..