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#41
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OT--Terrific employment news again
"Gould 0738" wrote in message ... You can debate the intentions of the proposal all you want, but the fact is fast-food jobs are *not* considered manufacturing jobs. You're as dishonest as Harry, just smoother in your delivery. Interesting. So, do you then feel that the document titled "President's Economic Report" and that stated fast food jobs were a form of manufacturing was some sort of liberal hoax? Yes. Do you deny such a document exists? A document in which the president states that "fast food jobs were a form of manufacturing"? Yes I do deny it. Do you deny that it stated fast food jobs were to be considered "manufacturing"? Yes. What portion of my statement, "including fast food workers in the manufacturing sector skews the statistics" do you find dishonest? The part where you said they "were" included. President Bush directly stated that his administration intended to include burger flippers and sandwich wrappers in the totals for "manufacturing jobs". He, nor anyone from his administration has ever said this. From the CBS link you provided- "The report does not recommend that burger-flippers be counted alongside factory workers." Instead, it concludes that the fuzziness of the manufacturing definition is problematic, because policies — like, for example, a tax credit for manufacturers — may miss their target if the definition is overly broad or narrow. Has he changed his mind? How can he change his mind on something he never said? If not, we're back to my original "swerve" that those "mfg jobs" aren't included yet they will be in the future. Yes, we're back to *your* lie. |
#42
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OT--Terrific employment news again
"Joe" wrote in message ... I said we can debate the intentions of the *proposal* all you want, and I will post the exact language for just that. Ok, here is the exact text from the report from page 73-74 as referenced in your CBS link. (link to full report http://www.gpoaccess.gov/eop/index.html ) You tell me were it recommends that fast food jobs should be classified as manufacturing jobs. Box 2-2: What Is Manufacturing? The value of the output of the U.S. manufacturing sector as defined in official U.S. statistics is larger than the economies of all but a handful of other countries. The definition of a manufactured product, however, is not straightforward. When a fast-food restaurant sells a hamburger, for example, is it providing a "service" or is it combining inputs to "manufacture" a product? The official definition of manufacturing comes from the Census Bureau’s North American Industry Classification System, or NAICS. NAICS classifies all business establishments in the United States into categories based on how their output is produced. One such category is "manufacturing." NAICS classifies an establishment as in the manufacturing sector if it is "engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products." This definition is somewhat unspecific, as the Census Bureau has recognized: "The boundaries of manufacturing and other sectors… can be somewhat blurry." Some (perhaps surprising) examples of manufacturers listed by the Bureau of Labor Statistics a bakeries, candy stores, custom tailors, milk bottling and pasteurizing, fresh fish packaging (oyster shucking, fish filleting), and tire retreading. Sometimes, seemingly subtle differences can determine whether an industry is classified as manufacturing. For example, mixing water and concentrate to produce soft drinks is classified as manufacturing. However, if that activity is performed at a snack bar, it is considered a service. The distinction between non-manufacturing and manufacturing industries may seem somewhat arbitrary but it can play an important role in developing policy and assessing its effects. Suppose it was decided to offer tax relief to manufacturing firms. Because the manufacturing category is not well defined, firms would have an incentive to characterize themselves as in manufacturing. Administering the tax relief could be difficult, and the tax relief may not extend to the firms for which it was enacted. For policy makers, the blurriness of the definition of manufacturing means that policy aimed at manufacturing may inadvertently distort production and have unintended and harmful results. Whenever possible, policy making should not be based upon this type of arbitrary statistical delineation. |
#43
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OT--Terrific employment news again
Joe wrote:
Yes, we're back to *your* lie. Lie? I asume that you are prepared to make the same "liar" charge against Gregory Mankiw, (Chairman of the President's Economic Advisors) who has publicly stated that switching burger flipping to a manufacturing job is an "important consideratin" of the Bush economic recovery plan? ******************* According to The New York Times, the idea of reclassifying fast-food restaurants as manufacturers is buried in 417 pages of statistics included in the new report. But Gregory Mankiw, chairman of the president's Council of Economic Advisers, is certainly not shying away from this plan. In a speech last week to economists in Washington, Mankiw said that classifying hamburger flippers as manufacturers is "an important consideration" for the administration's economic policy. (From the Macomb Daily, 2-29-2004) ****************************************** |
#44
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OT--Terrific employment news again
"Gould 0738" wrote in message ... Joe wrote: Yes, we're back to *your* lie. Lie? I asume that you are prepared to make the same "liar" charge against Gregory Mankiw, (Chairman of the President's Economic Advisors) who has publicly stated that switching burger flipping to a manufacturing job is an "important consideratin" of the Bush economic recovery plan? ******************* According to The New York Times, the idea of reclassifying fast-food restaurants as manufacturers is buried in 417 pages of statistics included in the new report. But Gregory Mankiw, chairman of the president's Council of Economic Advisers, is certainly not shying away from this plan. In a speech last week to economists in Washington, Mankiw said that classifying hamburger flippers as manufacturers is "an important consideration" for the administration's economic policy. (From the Macomb Daily, 2-29-2004) ****************************************** Why not go back and address each (snipped) question that I answered, in order, and then I'll answer this one? |
#45
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OT--Terrific employment news again
On Sun, 06 Jun 2004 00:48:23 -0400, thunder wrote:
On Sun, 06 Jun 2004 02:30:59 +0000, Gould 0738 wrote: Regardless, we'll have more jobs at the end of Bush's term than at any point during the Clinton years. And good thing, too. I have seen from several sources that our economy needs to generate 150,000 net new jobs per month just to stay even with the growing population of working age adults. What is often overlooked, is that, due to low American birth rates, that growing population of working adults is dependent on immigration. I was surprised to learn that nearly all of the net increase in the Northeast's labor force was due to immigration. As it is becoming increasingly clear that our economic growth depends on immigration, I'm wondering just how much post 9/11s tightening of our borders has had on our low job numbers. http://www.dallasfed.org/research/sw.../swe0306a.html As an aside, I noticed Chart 2 looked a little like the Red/Blue States map. When placed against the following map, the comparison is quite clear. http://www.massinc.org/commonwealth/..._red_blue.html An enlightening post, thunder, thank you. John H On the 'Poco Loco' out of Deale, MD on the beautiful Chesapeake Bay! |
#46
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OT--Terrific employment news again
NOYB wrote:
I didn't read the Economic Report...only the commentary of liberal pundits. I'll read the report and give you my perspective... "which I'm sure will be different from that of the liberal pundits". Then there is no reason to read it if you have already made up your mind. I think we all agree to a limited degree that "burger flipping" and related jobs, shouldn't be included. -- _______m___õ¿~___m_________________________ "Life is not measured by the number of breaths we take, but by the moments that take our breath away". --George Carlin-- |
#47
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OT--Terrific employment news again
Why not go back and address each (snipped) question that I answered, in
order, and then I'll answer this one? Because you are the party that has abandoned discourse in favor of name calling. You want to holler "liar", then it should be easy enough for you to post the list of occupations included in the "manufacturing jobs" portion of the report and establish that Bush did not follow through with his own, announced, intention and "important consideration" of including fast food workers in the mfg job category. I don't have such a list either. I was simply relying on the President's recent assertions, (in the President's Economic Report) that burger flippers belong in the manufacturing category. Guess that's what happens when you believe the president. Why is it so many of you guys over there think that hollering "liar" or "traitor" when you hear something you disagree with is some sort of substitute for reasoned discussion? I hope that Bush did not put the burger flippers in the mfg category. All I know for a fact is that he said earlier this year that the burger flippers *should* be included, members of his administration have since defended that position, and then lo an behold, a few months before the election, manufacturing jobs enjoy this whalloping increase. If someone will produce evidence that Bush changed his mind about burger flipping being a "manufacturing job" or post a list of the occupations included in the "manufacturing jobs" category in the report NOYB mentioned, I would be willing to concede an error in assuming that Bush followed through with his announced plan. In the mean time, aside from playground-level insults and unsupported denials from Bush supporters, we have no evidence that the fast food workers were *not* factored in to Mickey up the numbers. |
#48
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OT--Terrific employment news again
John H wrote:
Good news is really bad news, isn't it? Umm, no. My point was that the good noews is unfortunately accompanied by lots more bad. ... Has there ever been a time when no engineer was looking for work? Oh yes. The class before mine was 85% recruited before graduation and 100% employed in the field. AFAIK that was the peak. In the boom years of the middle 1990s we could not hire anybody for a salary the company could afford. I'm sure that somehwere, some engineer was looking for a job... but unless he was a complete idiot he found one quick. ... If the employment rate were 1%, would no engineers be out of work. The employment rate is better than it was throughout the 90's, yet there is this persistent whine. Maybe that's because the unemployment rate is not a true reflection of how many people are out of work... by which I mean the work they are trained & qualified for, not pumping burgers... It is an economic verity: when the demand for capital rises, interest rates rise. When the demand for goods & services rise, the demand for capital to create the jobs will rise. So, as long as interest rates are dead on the floor, so is the economy. Of course, the current picture is better IMHO than double digit inflation, but then, I currently have a job. If I was flipping burgers, I'd see it differently. DSK |
#49
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OT--Terrific employment news again
DSK wrote:
John H wrote: Good news is really bad news, isn't it? Umm, no. My point was that the good noews is unfortunately accompanied by lots more bad. ... Has there ever been a time when no engineer was looking for work? Oh yes. The class before mine was 85% recruited before graduation and 100% employed in the field. AFAIK that was the peak. In the boom years of the middle 1990s we could not hire anybody for a salary the company could afford. I'm sure that somehwere, some engineer was looking for a job... but unless he was a complete idiot he found one quick. ... If the employment rate were 1%, would no engineers be out of work. The employment rate is better than it was throughout the 90's, yet there is this persistent whine. Maybe that's because the unemployment rate is not a true reflection of how many people are out of work... by which I mean the work they are trained & qualified for, not pumping burgers... It is an economic verity: when the demand for capital rises, interest rates rise. When the demand for goods & services rise, the demand for capital to create the jobs will rise. So, as long as interest rates are dead on the floor, so is the economy. Of course, the current picture is better IMHO than double digit inflation, but then, I currently have a job. If I was flipping burgers, I'd see it differently. DSK Herring prefers the simple-minded answers that raise no questions...it's easier for guys like him when they can believe in their political leader and not worry about the millions on the fringes... |
#50
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OT--Terrific employment news again
On Sun, 06 Jun 2004 13:01:26 -0400, DSK wrote:
John H wrote: Good news is really bad news, isn't it? Umm, no. My point was that the good noews is unfortunately accompanied by lots more bad. ... Has there ever been a time when no engineer was looking for work? Oh yes. The class before mine was 85% recruited before graduation and 100% employed in the field. AFAIK that was the peak. In the boom years of the middle 1990s we could not hire anybody for a salary the company could afford. I'm sure that somehwere, some engineer was looking for a job... but unless he was a complete idiot he found one quick. ... If the employment rate were 1%, would no engineers be out of work. The employment rate is better than it was throughout the 90's, yet there is this persistent whine. Maybe that's because the unemployment rate is not a true reflection of how many people are out of work... by which I mean the work they are trained & qualified for, not pumping burgers... It is an economic verity: when the demand for capital rises, interest rates rise. When the demand for goods & services rise, the demand for capital to create the jobs will rise. So, as long as interest rates are dead on the floor, so is the economy. Of course, the current picture is better IMHO than double digit inflation, but then, I currently have a job. If I was flipping burgers, I'd see it differently. DSK So the unemployment rate was zero at the time you graduated? John H On the 'Poco Loco' out of Deale, MD on the beautiful Chesapeake Bay! |
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