Tractor Talk Discussion Board |
Not quite right on unemployment...
[ Expand ] [ View Replies ] [ Add a Reply ] [ Return to Forum ]
Posted by Matt from CT on August 01, 2006 at 12:59:47 from (68.118.198.252):
In Reply to: Re: Anyone else out there broke posted by Easy1 on August 01, 2006 at 10:19:59:
Even if you're not collecting any longer, you're still "unemployed" as long as you're actually looking...however the statistics guys figure that out in the polls. If you say something smart-alec like, "Yeah, I quit looking because there's nothing out there..." then you're not unemployed since you took yourself out of the labor market. There's other anamolies hard to account for to make a strict apples-to-apples comparison. For example, we have another million or so in prison today than 30 years ago. So they're not out looking for work. On the other hand, we've trimmed the Military by a million or so over the last 30 years. So a bunch of guys who used to go in the service are out and looking. Or in jail. ;) Oh so many ways to try and slice and dice your way through these statistics! I can say this: My personal use of gas is down somewhat, especially for recreation. My spending on other "luxuries" is off quite a bit. The *one* thing helping the U.S. a lot right now is partly from company cost-savings over the last 20 years, and partly from workers rolling over for the most part and being to scared to ask for raises: In 2004, U.S. corporations sat on more cold, hard cash reserves...even adjusted for inflation...than any time in U.S. history. While consumers have been running credit through the roof, the corporations have been saving their profits. Economists where scratching their heads trying to figure out why...was there nothing out there the companies wanted to invest in? Since cash usually doesn't earn much interest. Along with the Gov't printing money in the form of the national debt, companies have been able to dig into deep pockets to keep buying at high prices rather than stop spending. Matt
Replies:
Home
| Forums
Today's Featured Article -
Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
Copyright © 1997-2025 Yesterday's Tractor Co. All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|