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Correlation Between Unemployment Benefits and Job Growth


Proud Tiger
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The libs aren't going to like this. Can't wait to hear the spin.

http://www.washingto...article/2559267

Underpinned by this pretty good source.

http://www.nber.org/papers/w20884

Edited by Proud Tiger
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Not funny....but explains what some of us have been saying about the fabricated jobs numbers. You can't expect government to tell the truth these days.

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Not funny....but explains what some of us have been saying about the fabricated jobs numbers. You can't expect government to tell the truth these days.

Sorry. Substitute strange for "funny".
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The libs aren't going to like this. Can't wait to hear the spin.

http://www.washingto...article/2559267

Underpinned by this pretty good source.

http://www.nber.org/papers/w20884

I am not in complete agreement with their conclusions but I see light at the end of the tunnel.

I was laughed at when I stated the unemployment rate being under 6% was a positive because welfare assistance would be dropped for many people. No unemployment and no food stamps will cause many to actually start looking for a job. To this I agree and want to see happen.

BUTTTTTT !!!! If the end to unemployment benefits caused 1 million people to get a job then what about the "WOE is the worker" crowd talking about hard working people not able to find work?

If 1 million lazy slackers got off their butts and found jobs then their was 1 million jobs available in the first place.

Edited by aubfaninga
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The libs aren't going to like this. Can't wait to hear the spin.

http://www.washingto...article/2559267

Underpinned by this pretty good source.

http://www.nber.org/papers/w20884

Did you read the paper, or just parrot back the article from the Examiner?

I read the paper and there are serious endogeneity issues arising from their methodology. And that's pretty evident in the boldness of their conclusion.

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Common sense. Subsidize setting on your ass and people set on their ass. Take it away and they get off their ass. Who knew? Anyone with a brain knew. Great, now we have a study to prove human nature once again rules.

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Common sense. Subsidize setting on your ass and people set on their ass. Take it away and they get off their ass. Who knew? Anyone with a brain knew. Great, now we have a study to prove human nature once again rules.

Now all we need is a study done by any of the hundreds of lib universities to find out how people FEEL about this...
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So I guess the answer is no, none of you actually read the study. Shocker.

Here are a couple more studies that directly debunk the argument made by Hagedorn, Manovskii, and Mitman:

http://www.nber.org/papers/w19048

http://www.nber.org/papers/w17534

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I understand cutting benefits IF, the job picture is improving. However, the same people who argue for cutting benefits, argue that the jobs numbers are fake. If there are opportunities available (jobs), then yes, let's not give incentive to stay on welfare. But, if the employment picture is not better, how can we, in good conscience, cut benefits?

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It's the classic Welfare v/s work scenario..... Welfare for some can bring home more $$$ than a $7.50 hr job. In this day and age, a person needs to make around $11 hr to break even or gain an edge over the government offering.

If you are a single mom with two or three kids and you have this as a scenario you won't look for work. Why would you????? That would be financial suicide. And in 2015, with fewer good paying middle class jobs out there that pay upwards of 14-15 bucks an hour, you won't see a big shift from home to the workplace. Anyone out there looking at childcare costs these days?????

Our country is in desperate need of jobs reform. Not just the $$$$ thrown at it but how do we increase these kind of jobs while offsetting the education gap for tech jobs?

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It's the classic Welfare v/s work scenario..... Welfare for some can bring home more $$$ than a $7.50 hr job. In this day and age, a person needs to make around $11 hr to break even or gain an edge over the government offering.

If you are a single mom with two or three kids and you have this as a scenario you won't look for work. Why would you????? That would be financial suicide. And in 2015, with fewer good paying middle class jobs out there that pay upwards of 14-15 bucks an hour, you won't see a big shift from home to the workplace. Anyone out there looking at childcare costs these days?????

Our country is in desperate need of jobs reform. Not just the $$$$ thrown at it but how do we increase these kind of jobs while offsetting the education gap for tech jobs?

So there are jobs, those jobs just don't pay as much as welfare? Is there a shortage of minimum wage workers?

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It's the classic Welfare v/s work scenario..... Welfare for some can bring home more $$$ than a $7.50 hr job. In this day and age, a person needs to make around $11 hr to break even or gain an edge over the government offering.

If you are a single mom with two or three kids and you have this as a scenario you won't look for work. Why would you????? That would be financial suicide. And in 2015, with fewer good paying middle class jobs out there that pay upwards of 14-15 bucks an hour, you won't see a big shift from home to the workplace. Anyone out there looking at childcare costs these days?????

Our country is in desperate need of jobs reform. Not just the $$$$ thrown at it but how do we increase these kind of jobs while offsetting the education gap for tech jobs?

So there are jobs, those jobs just don't pay as much as welfare? Is there a shortage of minimum wage workers?

I would argue there is a shortage of minimum wage workers (not in absolute numbers, but in terms of those willing to work for that rate). There is persuasive research that demonstrates that welfare benefits push the wage rate up because of beneficiaries' simple calculation that a job they begin should pay more than what they are currently receiving.

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It's the classic Welfare v/s work scenario..... Welfare for some can bring home more $$$ than a $7.50 hr job. In this day and age, a person needs to make around $11 hr to break even or gain an edge over the government offering.

If you are a single mom with two or three kids and you have this as a scenario you won't look for work. Why would you????? That would be financial suicide. And in 2015, with fewer good paying middle class jobs out there that pay upwards of 14-15 bucks an hour, you won't see a big shift from home to the workplace. Anyone out there looking at childcare costs these days?????

Our country is in desperate need of jobs reform. Not just the $$$$ thrown at it but how do we increase these kind of jobs while offsetting the education gap for tech jobs?

So there are jobs, those jobs just don't pay as much as welfare? Is there a shortage of minimum wage workers?

There are some jobs in the marketplace that Americans could fill if it made sense to them economically. The country has shifted so much from an industrial nation to a service sector nation that it has choked off a ton of middle class jobs. All that is left is either higher wage positions that require advanced degrees or jobs that pay little and a lot of people think that it is either below them or pays less than government assistance. I could be wrong but the numbers would imply that it's very possible.

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So, are there a substantial number of low wage jobs that can not be filled? In absolute terms. Is welfare affecting employers ability to fill these jobs? I'm not trying to be clever. I just don't see welfare competing with employers. I don't see the wages going up at that level. What I do see is, employers hiring people off the books in order to avoid taxes. However, that is a personal observation. That doesn't make it a trend.

In any event, I believe the only manipulation that makes sense is policy that brings jobs back to this country. Particularly in the case of goods and services for our own consumption. It would cut unemployment, lower the cost of welfare, increase tax revenues, lower the deficit, and lower our trade deficit. Yes, we will have to pay a little more for some consumer goods.

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So, are there a substantial number of low wage jobs that can not be filled? In absolute terms. Is welfare affecting employers ability to fill these jobs? I'm not trying to be clever. I just don't see welfare competing with employers. I don't see the wages going up at that level. What I do see is, employers hiring people off the books in order to avoid taxes. However, that is a personal observation. That doesn't make it a trend.

In any event, I believe the only manipulation that makes sense is policy that brings jobs back to this country. Particularly in the case of goods and services for our own consumption. It would cut unemployment, lower the cost of welfare, increase tax revenues, lower the deficit, and lower our trade deficit. Yes, we will have to pay a little more for some consumer goods.

My understanding is that most of the activity I posted above is happening in metro America, which is where the majority of Americans live. There are pockets of people in rural America (Kentucky, West Virginia and Pennsylvania) that add to this but for the most part it's in urban areas. Just look at the number of people on Welfare v/s the number of jobs available v/s he number of jobs taken each month and it kind of makes sense. Of course there are other factors but I've heard some people who receive welfare state this here in AL.

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