Posted on 12/19/2013 10:28:27 AM PST by 1rudeboy
Does anyone else find this chart shocking?
Here’s the source. I was looking up the proportion of part-time versus full-time workers to see if the passage of ObamaCare had any noticeable impact.
(Note: Be sure to look carefully at the left and right axes. It’s not that the whole composition of the workforce has flipped.)
I don’t think you can pin the blame on ObamaCare in isolation (it passed in March 2010), but the so-called Great Recession has been qualitatively worse than the dot-com bust. My short explanation is that the combination of economic turmoil and “regime uncertainty” in general (not just ObamaCare) has made employers very reluctant to commit to a full-time hire.
Well the chart us displaying two opposing diametrically data pools; of course it will look like two phallic symbols facing each other.../s
What did you expect would happen when you started competing against 1.4 billion chinese willing to work for $2/day?
Raise the import tariffs, put Americans back to work, rebuild American industry, make American less dependent on foreign nations.
Notice the downtrend was even before 2008. Leading up to 2008 the economy was bolstered by the refinancing industry, thanks to the low interest rates and no money down mortgages. When oil prices increased in 2007, drying up disposable income, it set the mortgages us for a fall. And when they fell the underlying weakness in the economy became apparent for all to see.
Notice the downtrend was even before 2008. Leading up to 2008 the economy was bolstered by the refinancing industry, thanks to the low interest rates and no money down mortgages. When oil prices increased in 2007, drying up disposable income, it set the mortgages us for a fall. And when they fell the underlying weakness in the economy became apparent for all to see.
And I'm sure Prof. Murphy would appreciate hearing from you. He'd set you straight.
The Case against Free Trade - By John Derbyshire, National Review
"For sure nearly all economic theoreticians favor absolute free trade: 93 percent, according to Ian Fletcher. His book persuades me they are wrong. Check it out."
The Case against Free Trade - By John Derbyshire, National Review
"For sure nearly all economic theoreticians favor absolute free trade: 93 percent, according to Ian Fletcher. His book persuades me they are wrong. Check it out."
Ian Fletcher. LOLOLOL
Wait until burger flippers get their $10/hr.
Stockman’s book (730 pages of gloom) says the number of “breadwinner” jobs in America peaked in 1998.
Your chart is another indication.
Call it “29er America”.
One of the most shocking representations of a 2 percent change I have ever seen!
bttt
Confusing chart, but good info.
Also wondering: what about total paid hours worked? Assume 35 hours is the cut-off for health insurance. Hourly employees with fewer hours may be still receive benefits, but suffer loss in take-home pay and loss of overtime.
Time on the job can be computed differently—lunch, break periods lengthened.
Lots of fudging in this data, I suspect.
Go ahead and laugh. But everyone can see the stores are full of stuff made in China, while fewer and fewer Americans have jobs.
This article you posted shows that many Americans don’t have quality jobs.
Go ahead and laugh. But everyone can see the stores are full of stuff made in China, while fewer and fewer Americans have jobs.
This article you posted shows that many Americans don’t have quality jobs.
Ian Fletcher blogs over at Huffington Post. You should check him out. And the “appeal to emotion” line-of-argument doesn’t work with me.
You have to understand that Rude Boy lives off of the kind of trade that is destroying American jobs.
If you only knew what I did for a living, you would crap your pants.
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