it will do
little if anything to create jobs in the economy as
a whole, but will be
a bonanza for tax lawyers and accountants.
I'm not a tax lawyer, but what's wrong with full
employment for lawyers? ;) jks, esq.
__
Do you Yahoo!?
Yahoo! Mail
[ New York Times ]
January 14, 2003
Stimulus for Lawyers
By PAUL KRUGMAN
My colleagues on the editorial page dubbed the Bush administration's
proposal to eliminate taxes on corporate dividends The Charles Schwab
Tax Cut. Indeed, the idea seems to have originated in remarks Mr.
Schwab made last
Joel Blau wrote:
The collective animal "Wall Street" may not be quite so fixated on the
unemployment rate per se, but wouldn't you agree that broadly speaking, it and
the other indicators you cite tend to move together as a cluster?
Wall Street does care about the U rate. They love labor market
As always, the issue is what they count, and whether it is countable. For
example, a purely quantitative approach to welfare reform can count the
increased employment among welfare mothers and ignore the decline in parental
supervision that such work demands. In fact, the commodification of child
What's your beef with MDRC?
mbs
I am very dubious about these studies. First, Manpower Demonstration
Research Corporation is among the quantoid (and therefore tunnel-visioned)
of the institutes researching welfare. . . .
What's your beef with MDRC?
mbs
I am very dubious about these studies. First, Manpower Demonstration
Research Corporation is among the quantoid (and therefore tunnel-visioned)
of the institutes researching welfare. . . .
It appears to be that they count things...
ified from their
perspective) was viewing their performances as my data set.
To return to the topic of full employment, (and the sub-topic of today's
perverse world) I want to recall something I said about the seeming
simplicity of the dichotomy between the Big Boys who want and get a labo
Nice post, Tom.
But I'm also attracted by a seemingly simplistic opposition between the
"Big Boys" who favoured a buyer's market for labour and the advocates of
government planning who clearly and unequivocally insisted on the
superiority of a seller's market -- not just a marginally less harsh
NEW YORK, June 2 (Reuters) - Stocks held strong gains in late morning
trading on Friday after a jobs report suggested that recent interest
rate increases by the Federal Reserve are succeeding in slowing the
economy.
The U.S. Labour Department reported that the May unemployment
It's my understanding that the rate would have gone even higher without the
hiring of 200,000+ census workers. Since these jobs are temporary, Wall
Street must be quite confident that the trajectory for the unemployment rate
will likely trend upward in the next few months.
Joel Blau
Timework
The U.S. Labour Department reported that the May unemployment rate
climbed to 4.1 percent from its 30-year low of 3.9 percent.
Joel wrote:
It's my understanding that the rate would have gone even higher without the
hiring of 200,000+ census workers. Since these jobs are temporary, Wall
Jim:
The collective animal "Wall Street" may not be quite so fixated on the
unemployment rate per se, but wouldn't you agree that broadly speaking, it and
the other indicators you cite tend to move together as a cluster?
Joel Blau
Jim Devine wrote:
I don't think their speculations revolve
At 12:51 PM 6/2/00 -0400, you wrote:
Jim:
The collective animal "Wall Street" may not be quite so fixated on the
unemployment rate per se, but wouldn't you agree that broadly speaking, it and
the other indicators you cite tend to move together as a cluster?
right, but the WS herd has a tendency
Detroit papers headline today is that car sales are down.
CB
Jim Devine [EMAIL PROTECTED] 06/02/00 12:16PM
The U.S. Labour Department reported that the May unemployment rate
climbed to 4.1 percent from its 30-year low of 3.9 percent.
Joel wrote:
It's my understanding that the rate
At 12:53 PM 6/2/00 -0400, you wrote:
Detroit papers headline today is that car sales are down.
the LA TIMES says that's not true for imports...
BTW, in yesterday's TIMES, they had a story about a study of "welfare
reform" in Minnesota, that indicated that the most generous substitute for
ADFC
I am very dubious about these studies. First, Manpower Demonstration Research
Corporation is among the quantoid (and therefore tunnel-visioned) of the
institutes researching welfare. Second, while income did rise 15%, this
figure brought it to just $10,800 a year. Third, when they record
At the risk of "quoting from old books", I have been browsing through a
special supplement to a September 1945 *New Republic* addressing the topic
of full employment. It is interesting to go back and see how the issue was
framed half a century ago, if only because it was possible at
The Centre of Full Employment and Equity (CofFEE) at The University of
Newcastle in collaboration with the Australian Catholic Social Justice
Council will be hosting the Second Annual The Path to Full Employment
Conference on Thursday, December 2 and Friday, December 3, 1999.
It will be held
Hi Jim D:
So the Fed concerns itself with inflation
and keeping it as low as possible. They're willing to let others suffer
from unemployment.
I don't think most Americans know that, though -- hence the myth. I'm
willing to bet that the majority of college graduates who have taken
courses in
Yoshie writes:You don't have to be a Marxist to notice that capitalism
doesn't provide full employment (you can just listen to the Fed, for
instance).
It depends on what one means by "full employment." The Fed sees some sort
of threshold unemployment rate below which inflatio
This is a multi-part message in MIME format.
--Boundary_(ID_JVredU9bSn3Lt/ajELrgxQ)
A REMINDER
A two day Conference entitled The Path to Full Employment and Equity will be held on
Thursday December 3rd and Friday December 4th at the Industrial Development Centre,
adjacent
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--Boundary_(ID_xL9ktWLSc7018LH1NsqQbw)
ANNOUNCING..
The Economics Department, University of Newcastle, NSW, Australia is pleased to
announce a two day Conference entitled The Path to Full Employment and Equity on
Thursday December 3rd
"refuse to work." The same
argument arises in Canada with workfare which exists in one form or
another in many provinces.
These governments are not serious about providing work for all
since full employment is not a goal under capitalism. Nor is full
employment possible under capita
Let me add a couple of quotes from the Wall St. Journal article I mentioned.
"With budget deficits restraining governments in the U. S. and Europe
from increasing spending or cutting taxes, the task of fighting
unemployment in recent years has fallen to the Federal Reserve and other
central
The central bankers' Rocky Mountain comments are
puzzling. How and why is there a sudden consensus on
a new natural level of full employment?
I take this as a challenge to business interests, with
the central banks saying "we've done all we can for now,
unless you're willing t
The new issue of the FRB of Kansas City's Economic Review has an article,
which I've only just skimmed so far, arguing that full employment should
now be seen as 6 1/4% (old method of calculating unemployment, that is;
new method would be around 6 1/2 give or take a few basis points
The new issue of the FRB of Kansas City's Economic Review has an article,
which I've only just skimmed so far, arguing that full employment should
now be seen as 6 1/4% (old method of calculating unemployment, that is;
new method would be around 6 1/2 give or take a few basis points). That
means
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