Quote:
Originally Posted by GGG
I’m arguing businesses will take profit rather than hire new workers given replacement workers exist and the uncertain market means minimizing costs is a primary driver right now. I agree once the job market tightens and there isn’t a surplus of workers that what you suggest will happen.
I’ve been disappointed in the analysis around youth unemployment. It hasn’t seem to have gone beyond comparing the percentages. To really compare you need to pull out the general increase in youth unemployment North America wide and normalize it.
Then you need to try to parse the recession from the wage increase by comparing say Seattle data to Calgary Data. Then we could have a good discussion around cause.
Right now we have high youth unemployment which is caused by some combination of high minimum wage, recession, general reduction in youth interest in employment or even other factors like the TFW program. It’s tough to provide a solution when the cause isn’t well defined.
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Oh my God.
Are you serious with this?
I've thought about this post a lot before actually posting it.
Theres more but its gone now.
Heres the short gist of it:
There are people in charge and, I know this is insane, but who actually get paid to figure this stuff out.
They're called: The Government.
Unfortunately they're stupid. Thats our fault.
Its like asking a 4 year old to take care of the International Space Station. He'll try his best but its going to be a disaster.
All that hysterical hyperbole aside, whats worse than our Government being stupid?
You cant cure stupid. Whats worse is that our Government knows they're stupid and they just dont care.
They just be stupid all day and screw up other people's lives and then go home and admire their paycheques and their pensions that they didnt earn.
Not caring about other people is whats worse than being stupid. In case anyone was wondering.