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Trumps biggest issue
As has been pointed out in another thread. The Labor Force Participation Rate is going to continue to decline. We will have less people working. 20 million folks are going to retire on his watch in the next few years and about equal are going to come online. We are trading experienced and trained folks for untrained and inexperienced folks.
We are not going to worry about unemployment or jobs but how to find people. He can try and redo trade agreements to keep manufactoring and deport illegals but we don't have the people now. U.S. Jobless Claims Fall - WSJ Lowest initial job claims since 1973. http://www.peridotcapital.com/wp-con...-1975-2014.png 4.8% now. Unemployment is near decade lows. http://www.abhmuseum.org/wp-content/...oymt-chart.jpg Black unemployment is at all time lows in some states and near decade lows overall if not at it at 8.5%. Economists have said that we are near the peak of this economy by every standard and have been for a few years. But is this a new normal? Japan has had this for 10 years as their population is now declining and their work force has been declinging for a while. |
Bloody Sunday ...
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The Labor Force Participation Rate is an indication of a much larger problem... Our population is getting older. This means less people working. However, it also means more healthcare resources and costs, and more and more people in the work force being required to work in healthcare to take care of these people.
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His biggest issue is doing a job he doesn't really want to do. He's trying to figure out how to weasel out of the mess he's gotten himself into.
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Add in if he deports tons of workers.
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If so then black unemployment might drop to a record zero percent and Trump will have accomplished what has not been done since slavery was "legal"! |
Trump's biggest issue is coming through with substantially everything he said he would do.
So far all I see is whining on Twitter. "Possible" financial conflicts of interests. And the usual suspect political operatives. What could go wrong? All aboard the clown bus ... My children will manage my blind trust and live with me in the White House. WTF, does Trump think we are all idiots? My guess is that he may reconsider this sham quickly. |
It's not a problem when freeloaders have to get a job.
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The bigger problem is the drop in taxable incomes. Healthcare is easily covered by granting Green Cards to migrants. |
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Some of those jobs reveal a serious lack of training and education. The rest I suspect are fancy words for jobs like shop workers. Which could be a decreasing skill as online shopping replaces them. |
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The problem is those guys will be out of work due to driver-less big rigs. About 2 or 3 months ago the first ever shipment was dilivered to a beer plant in Colorado by a driver-less truck. 10 years from now it will be a normal thing. |
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Slaughterers and Meat Packers Slaughterers and Meat Packers http://city-salaries.careertrends.co...n-South-Dakota |
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He has multiple issues!
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