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Bernie Sanders unveils Job Guarantee legislation

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    Apart from Trump's silly nicknames that Trump has for most of the Democratic candidates, the Republicans "road to victory" will be to (1) focus on the fantastic economy (which he inherited from Obama) and (2) focus on the dangers of socialism.

    For the president, the socialist label is also a form of nasty name-calling, a way to demean his opponents, like “Crooked Hillary,” “Little Marco,” “Lyin’ Ted,” “Pocahontas” and, most recently, “Sleepy Creepy Joe.” And it is red-meat red-baiting for his hard-core base. Last year, a Gallup poll found that among Republicans, 71 percent had a positive view of capitalism and only 16 percent viewed socialism favorably.

    "The Nation" this morning published an article on why Democrats SHOULD focus on socialism:

    https://www.thenation.com/article/gop-red-baiting-2020/

    If the Republicans don't like socialism, ask them if they would be willing to give up their Social Security benefits.

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    Sorry the real picture is that "name calling" is an pure "mob" tactic as well his "bullying"

    About the "fake economy" which is going downhill as we speak ( the Dow now more than 400 points down today, as well about 1700 points down in less than a month) furthermore an no China deal, an "cover up" on N.Korea, still an Iran self created issue and lots of other issues, like having an mile of "wall" built without any approval from Congress, built by individuals.

    Yes the whole House of Cards will collapse, mark my words. Pelosi is with her back against the 'wall' and get nothing done.

    Thus things are going downhill in a hurry, but no one blinks.

    If the Dem's don't do something drastically, like getting Trumps tax returns or Deutsche Bank records, then forget 2020.

    Mueller made an "10 minute" statement which only made things worse, but gets him of the hook; he just did prove that he not did his work; totally neglected to investigate trumps "money" laundering with Russian connections, as well ducked paying his "taxes" for years. Sorry I've always said that the guy plays an "GOP" game and has not the guts to state that Trump is an "liar" and an "cheat" who ducked his taxes and "plays" games with his Russian contacts as well Saudi Arabia.

    Wake up Democrats, the time to be nice and "correct" are long gone.

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    In 1928, Herbert Hoover was quoted as saying that his policies would put a chicken in every pot, and a car in every garage. He actually did not use those exact words, but the phrase DID turn up in Republican campaign flyer at about the same time. It wasn't long after the 1928 election, though, that the Republican's promise of prosperity became an embarrassment to the party. "Hoovervilles" sprang up all over the country, and it took a Democrat (FDR) to fix the mess. Naturally, history repeated itself in 2008, and it took Obama a few years to fix the mess left by George W. Bush.

    See the source image

    https://culinarylore.com/food-history:did-hoover-say-a-chicken-in-every-pot/

    Since our unemployment rate has been under 5% for the last 4 years, and continues to trend down, a guaranteed job program is not a topic that is going to generate a lot of enthusiasm.

    https://tradingeconomics.com/united-states/unemployment-rate

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    I’m not look at the politics of it.

    The time to set this program up is when unemployment is low.

    The official U3 bls rate undercounts true unemployment.

    Monthly employment data continues to show a significant portion of those taking jobs didn’t show up in U3 the day before.

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    Carlitos Wrote:

    I’m not look at the politics of it.

    The time to set this program up is when unemployment is low.

    The official U3 bls rate undercounts true unemployment.

    Monthly employment data continues to show a significant portion of those taking jobs didn’t show up in U3 the day before.

    Carlitos, you should know by now that in this country they "tinker" with numbers all the time; so start with what is the "definition" of "employment" and how is it counted. I guess you forgot the "data" said that Hillary was way ahead of Trump; guess who sits with his fat ass in the W.H. now.
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    Dutch:

    As Carlitos hints at, there are more than one way to measure unemployment. As a matter of fact, there are NINE, and you can read about them in the link below:

    https://www.thebalance.com/types-of-unemployment-3305522

    Even in a healthy economy, an unemployment rate between 4.5 % and 5% is not a cause for concern. In fact, an unemployment rate that is too low is actually more of a problem, which is exactly the problem we have right now. Many industries simply cannot find enough workers to fill open positions, and the trucking industry is just one example. Agriculture is another example, due to the restriction of the flow of immigrants from Mexico.

    Cyclical unemployment, though, IS big problem, and is exemplified by the fact that our unemployment rate during the Great Depression peaked at about 25%. The "real" U-6 rate reached 17.5% in October 2009 (during the Great Recession).

    The article below mentions the differences between U-3 and U-6, and it also describes U-1, U-2, U-4 and U-5.

    https://www.investopedia.com/articles/investing/080415/true-unemployment-rate-u6-vs-u3.asp

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    I just watched the You Tube video. Enjoyed getting a summarization of the program. Many positive aspects and it would undoubtedly help many many people.

    The bureaucracy seems insane. Management of the employees needs versus employers needs seems huge. I would love to be wrong.

    Rethuglicans will call it hugely expensive welfare. I hope further acceptance and attention can be obtained. 98% have heard about the JG program but have spent less than 5 minutes reading about it.

    Many could be helped. Let's get that message out there.

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    Once one recognizes that the involuntary unemployed are part of the size of government, the JG becomes the limited government thing to do.

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    From TJ's post:

    "Rethuglicans will call it hugely expensive welfare."

    The implied fallacy that spending is bad could not be further from reality. Spending creates jobs which funds more spending in the hands of people who will spend it. That is an economy. +

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    Chet, welcome back. Anyway the word "spending" can have different effects. Especially if you spent "'loaned money" from your credit card etc. Also if Trump "loans" his money from dictators and spent it on himself. Also don't forget that most people here are in "debt" as well the government being trillions in "debt". "Spending" money on wars and war equipment is counter productive and gives no return on investment, but creates may be some jobs, but increases the "debt".

    Thus my question is how long can you maintain such; I guess this type of "spending" does not help this country, but will lead to 1933 all over again.

Categories: Jobs & Bernie Sanders