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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: gamesmistress who wrote (21264)7/30/2012 2:00:45 PM
From: koan1 Recommendation  Read Replies (2) | Respond to of 85487
 
You don't even try to learn, or find the truth. You just like to fight.

<<<<"Saying every major city is failing is nonsense."

It was "Every major city that is failing is run by the Dems." What a difference those 5 words which you left out makes. In case you want to see the list, just search for Detroit, Buffalo, Miami in this thread. You might also look at the article I posted about the Democrat-run city of San Bernardino in the Democrat-run state of California. SB has just declared bankruptcy.>>

Saying EVERY major city that is failing is run by DEMS is nonsense. EVERY CITY?

<<"One cannot use anecdotal evidence."

Like your friends the tourists? >>

Yes, including my friends the tourists.

<<"Denmark has been studied by scientists."

According to the guy who lives there, "I have no idea how researchers reached the conclusion that Danes are the "happiest people in the world" – neither I nor anyone I know was asked. But since it is published in a major scientific survey carried out by Leicester University in England, it must be true." I think he was being somewhat sarcastic there.

One survey. When? What were the questions? Any other surveys to back it up?

<<"Income inequality has been quantified by the scientific community and its damage to societies has been studied."

Non-sequitur.>>

How is that a non sequitur?

"I don't want to be kept by the state. Where did you get that idea? I want our country to take care of the poor and sick. And provide affordable education to all people."

<<You want the US to do it the way Denmark does. Which is the state takes all your money and redistributes it as it sees fit. You like the results? That is your, and Denmark's, prerogative. You could say that I have weighed the costs and benefits and it is worth it to me. But you don't. You ignore the costs (and I don't mean just money) and sing your little song that Denmark's way is the best, if not the only way to have a more civilized society.>>

I didn't say that. I said what the sentence above says, that you just took and changed in the way you wanted with no regard to the facts or logic.

You just say stuff with little regard ot the facts or reason.

Bull.



To: gamesmistress who wrote (21264)7/30/2012 3:12:45 PM
From: Brian Sullivan3 Recommendations  Respond to of 85487
 
One thing for certain is that California is run by Democrats...

Which States Have Worst Underemployment?

By Neil Shah

California ain’t having a great summer. Its economy remains crippled by the housing bust. Its unemployment rate is the nation’s third-highest, after Nevada and Rhode Island. And officials in four of its cities — Stockton, Mammoth Lakes, Compton and San Bernardino — recently filed or indicated they might file for bankruptcy protection. Well, here’s one more not-so-golden medal for the Golden State: It has the worst involuntary-part-time-worker problem.

According to new Labor Department figures, California’s average unemployment rate from July 2011 through June 2012 was 11.2% … but its broader “under-employment” rate was a whopping 20.3%. While it’s the government’s unemployment rate that moves headlines every month — the latest, for July, comes out Friday — the “under-employment” rate, or “U-6” rate, includes everyone else affected by the moribund job market: people who want to work but haven’t looked in the last four weeks because they figured no jobs were available and those working part-time gigs but would prefer full-time positions. (By the way, the government’s number-crunchers prefer “four-quarter moving averages” when it comes to state data because of it’s smaller sample size. By taking in longer time spans, the government may boost the reliability of the findings.)

Nevada, another state battered by the housing bust, is actually worse off than California when it comes to general underemployment. Its average unemployment rate is 12.3%, the government says, and its underemployment rate is 22.1% — a gap of 9.8 percentage points compared to California’s 9.1 percentage point gap. The U.S., as a whole, has a 6.8 percentage point difference between its 8.5% unemployment rate and 15.3% underemployment rate.

Some states that are performing near or better than the national average in general unemployment have bigger underemployment issues. For example, Massachusetts’ 13.5% U-6 rate is more than double its headline rate of 6.6%.

But when it comes to one particular type of underemployed citizen — the part-timer who wants to work full-time — California’s the worst. In economics lingo, California has the biggest gap between its overall underemployment rate, the U-6, and the slightly less broad U-5 rate that doesn’t include forced part-timers. It narrowly beat out Nevada. For its part, Nevada appears to have the biggest problem with workers ceasing to look for work after getting discouraged. North Dakota, whose oil production ranks second only to Texas’s, ranks lowest on both of these fronts — and also has the nation’s lowest unemployment rate.

California aside, there’s some good news in the data for the country as a whole. The declines seen across many states’ underemployment rates are bigger than what the government saw when it did this a few months ago. Particularly notable are improvements for the long-term unemployed and discouraged workers. Still, California is a huge part of the U.S. economy, accounting for around 13% of GDP, and the bigger picture revealed by this data is one of workers struggling to find jobs and hours, and companies too skittish to hire.