Balance of trade, globalization, and unemployment

It is my opinion that in the bulk of all cases, poverty solves itself.
People adapt and prosper if left alone.


It would also be good for the economy if we let the serially unproductive die. The disabled, the old. The weak and the stupid.
What's good for the economy however, isn't the be all and end all of things.

What is money for?
We make it to spend it.

Not just to have to it.

 

You do love a random reply!

 

well under libcommieism in China the govt would not leave them alone and 60 million slowly starved to death but liberals have learned their lesson and badly want another try! China gave up, switched to capitalism, and now 100's of millions are getting rich.

 

Global free trade, does the same thing, allegedly. Yet, the National Guard not the Liberal Guard, is heading to the border.

 

The point is, by providing that recourse to that income, simple poverty can be solved on an at-will basis in any at-will employment State.

The left is for a fifteen dollar an hour minimum wage and equal protection of the law regarding the legal concept of employment at will.

 

Still random! The minimum wage has never been an effective poverty alleviation device.

 

Unemployment compensation on an at-will basis ensures full employment of capital resources in those capital based markets.

Unemployment compensation has been measured engendering a positive multiplier effect of 1.5, in the past. Someone fully employed would simply have greater costs and engender a positive multiplier of 2 or more. A conservative, combined effect of 3.5, just through full employment of capital resources in that sector.

 

In terms of macroeconomics, this is nonsensical. You continue to abuse Economics 101, using basic concepts to make outrageous claim over poverty and employment.

 

lol. it is pure, macro-economics. Micro-economics can never solve simple poverty.

 

Point me to a study that supports your position?

You've been abusing Macro 101 for years. You haven't even managed to adapt the script

 

Actually, it was a multiplier effect of 2.

https://www.dol.gov/opa/media/press/eta/eta20101615fs.htm

Working Labor simply generates a greater positive multiplier.

 

Employed people don't need help.

The poorest do.

Instead of raising benefits, simply lower taxes.
Same result, higher efficiency.

Get rid of what Americans call the "pork barrel" and life gets cheaper for everyone except them.

Economy gets rid of waste in the system. Free's up counter productive workers to become productive workers.

Less laws = less law makers, less law enforcers, less law courts, less judges, less court attendants and less lawyers.
And all these expensive counter productive activities can be replaced by productive uses of their time or at worst unemployment benefits which is cheaper.

Complicating a system makes it worse not better. More open to corruption not less open to corruption.
Less is more.

Genius is the art of reducing the complex to it's simplest form.

 

lol. the bottom line is even simpler. why not simply get rich faster?

 

That's the idea
I don't want to work forever. I want to earn my money as fast as I can and then retire.
I'm in a hurry. So is everyone else.

So if you drag your feet or place obstacles between people and that goal, you are going to piss us all off.

So jog on with your more government solutions. Don't need your kind of help thanks.
All these people have to do to reduce poverty is resign.

Nothing more.

 

why send the government, guard to the border?

 

The multipler is taught to kiddywinks. You can't use it to support your conclusions. It merely informs us of aspects such as fiscal effects of a balanced budget.

 

Don't ask me.
Our government guards it's borders too.

People like not being invaded as a golden rule. Don't want extra competition for the same resources.

I guard my own borders. Government isn't allowed in. They can guard their own property any way they like. As can I.

 

Which god?

 

Christian God, obviously. You did't know the West was Christian??? Let me guess you're a liberal??

 

What evidence do you have that the Christian god exists?

 

if you're interested why not start a thread on it since it has nothing to do with my post or thread topic.

 

What you don't understand is that it's not the companies that can't compete. It's the countries, and their policies that create the uncompetitiveness. The companies just move from where they are driven from, to where they are welcomed.

It really is just that simple.

 

Yes, I can, especially this most pertinent part:

The study found that UI benefits:

• have a multiplier effect of 2.0: for every dollar spent on unemployment insurance, this report finds an increase in economic activity of two dollars.

Working labor must generate a higher positive multiplier.

 

We've known about multiplier effects from fiscal policy for yonks. Naff all to do with solving poverty mind you. The impact of unemployment benefits is focused on automatic stabilisation

 

Trump is a free trader and is using the threat of taxes to get free trade deals with China and others. He wants USA to sell in China as easily as China sells in USA. Its been in all the papers for 3 weeks. What a surprise that the liberal missed it entirely.