Comment Re:Probably people entirely disillusioned (Score 1) 172
Comment Re:Probably people entirely disillusioned (Score 2) 172
Comment Re:Probably people entirely disillusioned (Score 1) 172
It was obvious then why it was happening, not so clear now though. But still bad. I can't say it isn't fair to criticize Trump for the same, but it's important to know why it's happening and at this point I'm not sure we do.
It's very unlikely to be the case, but the one condition I can think of where a rising U-6 would be a positive sign would be people leaving the workforce to have more children.
Comment Re:Probably people entirely disillusioned (Score 1) 172
I turn 50 next year. Not super excited about that milestone.
(Yes, I am being facetious)
Comment Re:Probably people entirely disillusioned (Score 1) 172
U-6 has always been the better figure to look at, and I don't know why it isn't the one the press cares about. Blame them, not the people who publish the numbers you say are hidden.
Comment Re:They're all ... (Score 1) 172
Comment Re:They're all ... (Score 2) 172
That cost would cripple taxpayers and squeeze businesses to the point where they can't afford to hire, kicking off a downward spiral with a positive feedback loop. That's what happened in the Great Depression, and it took a world war to break it.
We need pro-growth policies so that small businesses can grow and hire. That cycle spirals upward.
And here's an idea for one - no business taxes if you pay your employees (including contractors to close that loophole) more than some threshold value. Pegged to some function of the poverty level, or maybe a highest to lowest salary ratio for large enterprises. You can do that safely because corporate income taxes just get passed on to consumers anyhow, and you'll be capturing higher individual income tax revenue. Higher wages lead to higher demand, higher demand leads to expanded supply, which leads to more jobs...
Comment Re: time to eat billionaires (Score 1) 172
Comment Re:Functional unemployment is 20% (Score 1) 172
Comment Re:The 13th could get used by the current regime (Score 1) 172
Comment Re:How hard is it to just create jobs ? (Score 2) 172
Government doesn't produce things. It can build infrastructure, but that's useless if there's no private enterprise to put it to productive use. You need private enterprise to provide the jobs.