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Daily CE Musings of Piob - Page 19

post #271 of 5120
Thread Starter 
Quote:
Originally Posted by Ataturk View Post

Now I'm not so sure about that. I always thought the labor force participation rate only measured those under 65, but the BLS website says 16+ with no mention of a top age cutoff.

OECD uses 16-64 so I'm going to assume the BLS does too.
post #272 of 5120
Here's the source for that 50% figure.
post #273 of 5120
Quote:
Originally Posted by Gibonius View Post

Might as well just phrase it as paying people a minimum guaranteed income to remove themselves from the workforce as surplus labor, because that's basically what you're doing.

From the same article -
Quote:
2. Social Security for All

But let's think even bigger. Because as much as unemployment blows, so do jobs. What if people didn't have to work to survive? Enter the jaw-droppingly simple idea of a universal basic income, in which the government would just add a sum sufficient for subsistence to everyone's bank account every month. A proposal along these lines has been gaining traction in Switzerland, and it's starting to get a lot of attention here, too.

We live in the age of 3D printers and self-replicating robots. Actual human workers are increasingly surplus to requirement – that's one major reason why we have such a big unemployment problem. A universal basic income would address this epidemic at the root and provide everyone, in the words of Duke professor Kathi Weeks, "time to cultivate new needs for pleasures, activities, senses, passions, affects, and socialities that exceed the options of working and saving, producing and accumulating."

Put another way: A universal basic income, combined with a job guarantee and other social programs, could make participation in the labor force truly voluntary, thereby enabling people to get a life.

Cause, you know, working for a living was sooooooooooo 20th century.
post #274 of 5120
Quote:
Originally Posted by harvey_birdman View Post

From the same article -
Cause, you know, working for a living was sooooooooooo 20th century.

You'll enjoy this article I think.

Hipsters on Food Stamps

It also includes the famous Glengarry Glen Ross speech, so it's worth it just for that.
post #275 of 5120
Thread Starter 
It's a two for one musing Friday. This one is heart breaking.

http://www.cnn.com/2014/01/10/us/nebraska-swearing-toddler/index.html?hpt=hp_t2

This is a link concerning the "thug toddler" video from Omaha. The mother is 16, the toddler is two. The toddler was apparently wounded in a home shooting recently, the mother and toddler have been relocated more than once due to gang activity, and apparently are currently in protective placement somewhere.

I'm not commenting on the tone of the police union that posted this video, as I've not read the actual posted content, but they are 100% correct that this little kid is probably doomed and that's pretty fucking sad.
post #276 of 5120
Series Id: LNS12300060
Seasonally Adjusted
Series title: (Seas) Employment-Population Ratio - 25-54 yrs.
Labor force status: Employment-population ratio
Type of data: Percent or rate
Age: 25 to 54 years



http://data.bls.gov/timeseries/LNS12300060
post #277 of 5120
I still don't believe that Rolling Stone article is real. It just can't be. No one who can string together groups of coherent sentences could possibly be that stupid. Right?
Quote:
Originally Posted by Piobaire View Post

It's a two for one musing Friday. This one is heart breaking.

http://www.cnn.com/2014/01/10/us/nebraska-swearing-toddler/index.html?hpt=hp_t2

This is a link concerning the "thug toddler" video from Omaha. The mother is 16, the toddler is two. The toddler was apparently wounded in a home shooting recently, the mother and toddler have been relocated more than once due to gang activity, and apparently are currently in protective placement somewhere.

I'm not commenting on the tone of the police union that posted this video, as I've not read the actual posted content, but they are 100% correct that this little kid is probably doomed and that's pretty fucking sad.

I read that article a few minutes ago. It really is sad. It's hard to conceive of a life situation that would make that kid any less likely to become a productive member of society.
post #278 of 5120
There's nothing good about the two data points released today.

Add me to the list of people who lol'd at that RS article.
post #279 of 5120
Retire at 65? Screw that. I'm done at 45.
post #280 of 5120
Quote:
Originally Posted by harvey_birdman View Post

May I inquire as to the price for the unicorn?

If you have to ask, you don't understand the true value. No price is too high.
post #281 of 5120
I know MrG just said this but holy holy shit. Is that Rolling Stone thing trolling? I want to find whoever wrote that and punch him in the fucking face.

If it's real this is so going on my FB page.
post #282 of 5120
after reading this, yes, i'm going with troll.

http://www.mediaite.com/tv/chris-hayes-asks-why-rolling-stone-columnist-pushing-for-end-of-private-property-drove-everybody-nuts/
Quote:
Rolling Stone columnist Jesse Myerson became embroiled in controversy after he published a piece in which he advised millennials on the type of economic reforms for which he thought they should be fighting. Among those reforms were universal income, the forcible seizure of private property, the elimination of the concept of ownership, and state banks.

Conservatives bristled at the Marxism that Myerson was advocating and, on Tuesday, MSNBC host Chris Hayes invited the columnist on his program to investigate why this post met with such a backlash.

“Hoarders blow,” Myerson wrote in an effort to convince the youngest generation to eliminate private ownership. “Ever noticed how much landlords blow? They don’t really do anything to earn their money,” he added in a push to persuade the young to accept the ceding of all land to the state.

Joining Hayes, Myerson identified himself as a “far leftist” and said that his primary occupation is to “troll liberals” with intentionally provocative material designed to inspire anger and frustration among his more moderate political allies.

“The right-wing basically has never heard of me until this twit named Charles Cooke from the National Review tweeted out this article,” Myerson explained.

“Once that membrane was punctured, all of the bigoted, and hateful, violent muck and filth just doo-dooed all over my ‘at’ mentions,” he continued.

At this stage, Hayes began to dissect why concepts expressed in Myerson’s piece “drove people nuts.” He acknowledged that some of Myerson’s ideas were “discredited” doctrinal Marxism, but said there was more to why Myerson experienced such a backlash from the right.

“I think there was just like, there’s nothing the right loves more than a good fight against communists and they don’t get them that often, and here you are,” Hayes submitted.

Myerson said that the backlash focused entirely on his political beliefs and identity and not the ideas he expressed in that post.
post #283 of 5120
Lol, Rolling Stone got trolled too.
post #284 of 5120
Thread Starter 
Okay, a third musing today and it is also very unfortunate.

Sexting and nude pics. What is going to happen is a bunch of teenage boys are going to go through life as sex offenders and/or child pornographers because they get age appropriate girls sending them pics and sexts.

I say this after reading several accounts of just this happening.
post #285 of 5120
Some of the women are getting charged for production/distribution of child porn. For photos of themselves.

'Murica.
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