Associated Press on the Latest Jobs Numbers: A Recovery ‘Isn’t Supposed to Be This Wa

Granny says, "Dat's right - an' she still ain't got dat 2nd stimulus check yet either...
:mad:
How The 'World's Dumbest Idea' Killed The US Economic Recovery
7/29/2013 > Readers of this column know that short-term shareholder value, which is still pervasive in large organizations, has a lot of accomplishments to its credit. It has led to “bad profits” that have destroyed customer loyalty. It is responsible for massive offshoring of manufacturing, thereby destroying major segments of the US economy. And it has even undermined US capacity to compete in international markets.
Now the Financial Times reports that the short-term shareholder value theory has a new feather in its cap: it is responsible for killing the economic recovery that should have occurred after the financial meltdown of 2008. Over the last month, the Financial Times has been doing a great job in cataloguing the problems caused by the shareholder value theory. Now Robin Harding has terrific article pinpointing its role in undermining the US economic recovery. In his article entitled “Corporate investment: A mysterious divergence” he explores a conundrum that has puzzled the world’s top economists: why is net investment at a measly 4 per cent of output when pre-tax corporate profits are now at record highs – more than 12 per cent of GDP?

In standard economic theory, this makes no sense. When profits go up, companies should be seizing investment opportunities to lay the groundwork for even more profits in future. In turn, that investment should create jobs, generate more capital goods and lead to higher wages. That’s how capitalism is meant to work. So why isn’t it happening? Mr. Harding explores systematically why all the leading scapegoats for what’s gone wrong—regulations, Obamacare, tax policy, fear of another financial crisis and so on—and shows why they don’t add up. Then he comes up with the kind of thing that you rarely see in economics—a study that enables us to pinpoint the problem by offering “with” and “without” data.

A brilliant study by economists from the Stern School of Business and Harvard Business School, Alexander Ljungqvist, Joan Farre-Mensa, and John Asker, entitled “Corporate Investment and Stock Market Listing: A Puzzle?” compares the investment patterns of public companies and privately held firms. It turns out that the lag in investment is a phenomenon of the public companies more than the privately held firms. “They find that, keeping company size and industry constant, private US companies invest nearly twice as much as those listed on the stock market: 6.8 per cent of total assets versus just 3.7 per cent.”

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Adolf Obama touts his policies as being transforming..

We are sinking under the weight of his tyranny and destruction of America

Wars used to be the method our enemies used to try and destroy us

Instead, they have one of their own inside the White House decaying us from the inside out

Pathetic

-Geaux
 
I blame the "Job Creators"

They are not doing their jobs
 
I blame the "Job Creators"

They are not doing their jobs

Sort of challenging when you beat them over the head, hand cuff 'em and lock them in a cage. When you increase the regulatory burden there are private sector costs associated with it, when you increase the tax burden there are private sector costs associated with it, when you keep shifting the landscape business cannot plan ahead so they mark time until the fog lifts.

Unlike government, businesses don't have printing presses that they can use to print greenbacks and add un/counter-productive staff with.
 
I blame the "Job Creators"

They are not doing their jobs

Sort of challenging when you beat them over the head, hand cuff 'em and lock them in a cage. When you increase the regulatory burden there are private sector costs associated with it, when you increase the tax burden there are private sector costs associated with it, when you keep shifting the landscape business cannot plan ahead so they mark time until the fog lifts.

Unlike government, businesses don't have printing presses that they can use to print greenbacks and add un/counter-productive staff with.

The Government doesn't create jobs........"Job Creators" create jobs

We have given them 30 years of supply side economics to show us the jobs....hasn't happened. And what do we get from conservatives?

Government didn't do enough for supply siders. Still waiting for all that trickle down
 
I blame the "Job Creators"

They are not doing their jobs

Sort of challenging when you beat them over the head, hand cuff 'em and lock them in a cage. When you increase the regulatory burden there are private sector costs associated with it, when you increase the tax burden there are private sector costs associated with it, when you keep shifting the landscape business cannot plan ahead so they mark time until the fog lifts.

Unlike government, businesses don't have printing presses that they can use to print greenbacks and add un/counter-productive staff with.

The Government doesn't create jobs........"Job Creators" create jobs

We have given them 30 years of supply side economics to show us the jobs....hasn't happened. And what do we get from conservatives?

Government didn't do enough for supply siders. Still waiting for all that trickle down

You're right government DOESN'T create jobs (other than parasitic ones), government economic central planning gets in the way of the private sector creating jobs that are productive (ones that actually add value to the economy), when government adds regulatory burdens & uncertainty onto the shoulders of the productive economy it suppresses job growth.

As far as "supply siders" go, do you operate under the assumption that the only viable options are variations of economic central planning? (or were you unaware the "supply side" economics is just another central planning methodology?) I know that's a very silly question to ask of a government worshiper but curiosity often drives one to ask questions even when one has an expectation that the answer will be completely disconnected from reality.
 
I blame the "Job Creators"

They are not doing their jobs

Sort of challenging when you beat them over the head, hand cuff 'em and lock them in a cage. When you increase the regulatory burden there are private sector costs associated with it, when you increase the tax burden there are private sector costs associated with it, when you keep shifting the landscape business cannot plan ahead so they mark time until the fog lifts.

Unlike government, businesses don't have printing presses that they can use to print greenbacks and add un/counter-productive staff with.

The Government doesn't create jobs........"Job Creators" create jobs

We have given them 30 years of supply side economics to show us the jobs....hasn't happened. And what do we get from conservatives?

Government didn't do enough for supply siders. Still waiting for all that trickle down

So, no jobs created in those 30 years?

You are spewing meaningless talking points. In that 30 years we have had periods of full employment.
 
Sort of challenging when you beat them over the head, hand cuff 'em and lock them in a cage. When you increase the regulatory burden there are private sector costs associated with it, when you increase the tax burden there are private sector costs associated with it, when you keep shifting the landscape business cannot plan ahead so they mark time until the fog lifts.

Unlike government, businesses don't have printing presses that they can use to print greenbacks and add un/counter-productive staff with.

The Government doesn't create jobs........"Job Creators" create jobs

We have given them 30 years of supply side economics to show us the jobs....hasn't happened. And what do we get from conservatives?

Government didn't do enough for supply siders. Still waiting for all that trickle down

So, no jobs created in those 30 years?

You are spewing meaningless talking points. In that 30 years we have had periods of full employment.

Debatable since government employment measures are suspect to begin with, for example when you stop counting working age adults who "stop looking for work" as not being unemployed (essentially saying that they are employed at being unemployed) then it becomes easy to reach full employment, just tell everyone who's unemployed to stop looking for work (or give them incentives to stop looking).

There's also no accurate way to measure the opportunity costs of central planning policies since the only measure you have is comparing one central planning methodology to another central planning methodology.
 
Adolf Obama touts his policies as being transforming..

We are sinking under the weight of his tyranny and destruction of America

Wars used to be the method our enemies used to try and destroy us

Instead, they have one of their own inside the White House decaying us from the inside out

Pathetic

-Geaux

Are you kidding me?

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

Adolf Trump touts his policies as being transforming. We are sinking into another recession because of his tyranny and destruction of an economy that was good when he took over.

And we have Putin's puppet in the white house now stupid.
 
Adolf Obama touts his policies as being transforming..

We are sinking under the weight of his tyranny and destruction of America

Wars used to be the method our enemies used to try and destroy us

Instead, they have one of their own inside the White House decaying us from the inside out

Pathetic

-Geaux

Are you kidding me?

U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

Adolf Trump touts his policies as being transforming. We are sinking into another recession because of his tyranny and destruction of an economy that was good when he took over.

And we have Putin's puppet in the white house now stupid.
Thanks for bumping my 6 year old post there Rip Van Winkle? What, you been busy supporting Antifa violence?

-Geaux
 
Impressive that Trump's trade war is responsible for economic woes in 2013 :D
 
I blame the "Job Creators"

They are not doing their jobs

Sort of challenging when you beat them over the head, hand cuff 'em and lock them in a cage. When you increase the regulatory burden there are private sector costs associated with it, when you increase the tax burden there are private sector costs associated with it, when you keep shifting the landscape business cannot plan ahead so they mark time until the fog lifts.

Unlike government, businesses don't have printing presses that they can use to print greenbacks and add un/counter-productive staff with.

The Government doesn't create jobs........"Job Creators" create jobs

We have given them 30 years of supply side economics to show us the jobs....hasn't happened. And what do we get from conservatives?

Government didn't do enough for supply siders. Still waiting for all that trickle down

1. The problem starts when unions get out of control and make demands that cause the business to become unprofitable.
2. The business makes a decision to outsource the jobs and move the factories overseas
3. After a few decades the US economy becomes "only retail (70%) and healthcare (30%)"
4. Then the US has a $22T Debt and the foreign producers like China overtake the US as a global power
5. There are only so many healthcare and retail jobs so the US workers look for a new direction, like Trump in 2016
5. How will the story go? See the 2020 election for a continuation...
 
Adolf Obama touts his policies as being transforming..

We are sinking under the weight of his tyranny and destruction of America

Wars used to be the method our enemies used to try and destroy us

Instead, they have one of their own inside the White House decaying us from the inside out

Pathetic

-Geaux

Are you kidding me? U.S. adds just 130,000 jobs, a sign Trump’s trade war may have begun hiring slowdown

The job gain was boosted by the temporary hiring of 25,000 government workers for the 2020 Census. Excluding all government hiring, businesses added just 96,000 jobs, the fewest since May.

Adolf Trump touts his policies as being transforming. We are sinking into another recession because of his tyranny and destruction of an economy that was good when he took over. And we have Putin's puppet in the white house now stupid.

A big font means you're shouting. That post is not shout-worthy because it resorts to "Godwin's Law" Godwin's law - Wikipedia

The Fed says that a recession is not on the horizon.
Fed's Powell says he doesn't foresee a US recession

Please recall that a "recession" is defined as "two consecutive quarters of negative growth."
Trump's economy is chugging along at a sustainable 2% or so.

Thanks for playing, but you really need facts to backup your stupid talking points, or you look like a partisan idiot.
 

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