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US economy unexpectedly sheds 92k jobs in February

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Re: US economy unexpectedly sheds 92k jobs in February

#801
post #49

Earlier quoted context omitted.

Ok but was the expected loss 60k or 0? Makes a big difference.

We live in an infinite growth economy mindset - it's always expected to grow

This Time Is Different: Eight Centuries of Financial Folly (2011) https://press.princeton.edu/books/paperback/9780691152646/th...

Re: US economy unexpectedly sheds 92k jobs in February

#802

Earlier quoted context omitted.

I had never vacationed abroad in my whole life, then last year I traveled separately to Amsterdam (with 2 nights in Groningen) and Paris. Both trips ended up being cheaper than similar domestic trips. Both times I was extremely sad to return home. I would love to emigrate to Europe. One of the nights in Amsterdam, I couldn't sleep and spent the night frantically researching how to legally emigrate.

That's a bit ironic. If all of the undocumented people in the US spent this much time trying to emigrate legally, the US wouldn't need ICE and we wouldn't be having this discussion.

As someone who immigrated here, legally, from a low-risk country, I can tell you it cost the best part of $35,000 going through the process, and byzantine weirdnesses and requirements that included things like my mother-in-law signing surety on my usage of Social Security and Medicare and other financial commitments because US immigration is in some ways so broken that it cannot at all comprehend a world where the immigrant might be the breadwinner, and not the USC (I was working as an experienced senior IT person while my US partner was back in college).

Ultimately, it would have been quicker, easier, and cheaper (and in the end, just as legal as my immigration) to come here on a tourist visa or the VWP, marry her in spite of the prohibition thereon, and ask for forgiveness and apply to be able to stay anyway.

When it's those three things versus "legal immigration", and other factors, I rather empathize with many of those people.

And as for your comment, it's more and more apparent that Trump intends for ICE to be his cudgel for all manner of opposition, not just immigration issues (witness the attempts to extort Minnesota into handing over state voter rolls, "We will move ICE enforcement out of the state if you do") so no, we'd still be having it.

Re: US economy unexpectedly sheds 92k jobs in February

#803
post #705

Earlier quoted context omitted.

No, most people recognize a government isn’t reflective of individual people and are kind. If anything you’ll be more likely to be let in on the road if you are in the wrong lane assuming you don’t know where you are going. Having said that I wouldn’t wear/sticker political messaging, namely Trump and MAGA given current realities, but really of any type.

> but really of any type. I've never understood why somebody behind me on the road would care at all about what my political views were anyway. I guess I get it during an election, maybe (in a grammar school "inventor contest" which happened to be during the 1980 US presidential election, I invented a bumper sticker sleeve that attaches to your car, so you could swap out political bumper stickers after your candidate…

I'd take that election atmosphere and then recognize Canadians are living in a charged environment with cost of living/quality of life/economy changing and uncertainty. Many Canadians see Trump & his with the de facto support he has (in that nothing has been done about it despite posturing) as a threat and root cause of much of it. Not all of that's true or due to him or the US. But it means nobody down there will meaningfully protect Canada with his threats/economic war if they can't even block his domestic chaos. Folks are happy to see other folks and appreciate visitors but they also recognize a threat. Just like in America. So agree why publicize foreign political views.

Perhaps in the white vs black experience lens that most of my US friends seem to see every world conflict through to relate to their own history (wild conversations about Middle Eastern politics there being racial), it's like wearing something racially inflammatory to the wrong neighbourhood. If one's blowing $$,$$$ on bespoke fly in tourism you can probably get away with it with a polite topic change as tourism keeps food on the table, but park a Trump sticker on a residential street I'd be surprised if even in the nicest neighbourhood there isn't some damage to it. Likely from a teenager goofing off with friends in the current environment.

To the second individually most Americans are nice in my experience, if you are seen as a person and not anonymous in the crowd. I've had a family member get a rifle leveled at them for stepping over a property line in the US where clearly they weren't seen as a fellow human... what can I say to that or the normalization of it.

Re: US economy unexpectedly sheds 92k jobs in February

#804

Earlier quoted context omitted.

Healthcare was carrying the economy. Any commentary on why that’s failing?

I can't find a reference for this, but listening to NPR this morning there was an offhand mention that last month there were significant strikes going on, and that those are now resolved, but showed up in the employment numbers for last month. So that part could just be a blip. The rest seems on-trend.

In a healthy economy there would be hiring in other industries, helping to offset those numbers.

Re: US economy unexpectedly sheds 92k jobs in February

#805

Earlier quoted context omitted.

Based on the old soviet joke, the first time you blame it on your predecessor, the second time you blame it on your advisors, the third time you write 3 letters. Since Kristi Noem was fired yesterday, maybe we've moved into the second letter phase.

I figured there had to be some story behind this reference, and I found this "two letters" version on Reddit - https://www.reddit.com/r/ussr/comments/1n7dips/soviet_joke_t... Do you have a "three letter" reference?

That's the reference but I've always heard it as 3 envelopes:

1. blame your predecessor

2. blame your staff

3. write 3 letters...

Re: US economy unexpectedly sheds 92k jobs in February

#806
post #667

Earlier quoted context omitted.

"The majority" I'll grant you, but I'd say 43.4% is close enough to "half" for these purposes. It's only a touch lower than his poll numbers right before the election. Compare with Kier Starmer, who as of this writing has not sent armed goons into his own cities, wrecked all of his international trade and tourism, alienated his allies, or once again invaded the Middle East. His approval rating is about 20%!

Well Starmer giving away the Diego Garcia military base has certainly alienated at least one ally. https://www.reuters.com/world/europe/trump-calls-uks-chagos-...

Yet nobody in the UK gives a stuff, other than those who thing the Chagosians are being done in

And a few months ago America was endorsing the plan

Worth nothing that this was a Tory inititive -- Truss and Sunak did pretty much all the work, it was their idea.

Re: US economy unexpectedly sheds 92k jobs in February

#807
post #730
post #285

Earlier quoted context omitted.

For readers not in Washington, there is currently legislation being worked on that is essentially a millionaire's tax, (simplified as) 10% income tax on income over 1 million dollars, inflation adjusted. There are a few very angry, emotional, and vocal opponents of this in most corners of the internet, although very few of them actually make a million dollars and there are many million+ income people supporting this.…

And there is such small thing as state constitution that explicitly forbids any income tax. Current government is using it as toilet paper, first by introducing capital gains tax, and now income tax. I see in another comments though that you argue in bad faith by dismissing opponent arguments as “small amount”, “talking points”. If you don’t have anything real to say, don’t bother to answer.

The state constitution does not forbid an income tax. We both know it is more nuanced than that. Don't accuse me of bad faith in the same comment that you present an inaccuracy in the form of simplification that suits your argument

Re: US economy unexpectedly sheds 92k jobs in February

#808
post #655

Earlier quoted context omitted.

What percentage of the market actually pays it this way? IIRC, somewhere north of a third of Americans are already on a form of single payer healthcare. Most of the remainder are getting it through their job, subsidized to varying degrees. The fraction of the population that actually pays the full premiums out of their own pocket is pretty limited, AFAIK.

I think it's also worth considering that taxpayer funded US government spending on health care is about the same as in a typical single-payer European country. Then many tax payers still have to pay for private health care on top, to actually get health care for themselves.

Yeah, doctors get paid way more in the US. There's a number of changes beyond the payment method that we'd have to make if we wanted to have costs on par with a typical European country.

Re: US economy unexpectedly sheds 92k jobs in February

#810

Earlier quoted context omitted.

I'm not a big fan of Dubai, but it used to be a really safe travel destination, at least for male travelers. A month or two ago there was no reason to assume it would be otherwise. BTW, the irony is that they decided not to go to the US, but they are victims of the danger caused by the US anyway.

I enjoy Dubai, but it’s is part of a state where showing a stranger the middle finger is punishable with jail and deportation, nevermind an expat criticism the emirs. It’s pretty telling to consider that safe but to be afraid of showing your passport to CBP.

Dubai is predictable evil. You know what to do to avoid trouble.

The Trump admin acts like it is on cocaine. Many people - and I think this can be a highly rational preference - prefer predictable more evil of chaotic less evil.

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