Holiday greetings and an early start to the New Year!

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Special graphic for the Bruce blog by Louis Dunn, former Bay Guardian art director, graphic artist, and cartoonist. Selections from his work can be seen at LouisDunn.com

Comments

Well, the new year won't be good at all for the 1.3 million people losing their unemployment insurance. This corrupt D/R government has plenty of money to pour in a hole called the Military Industrial Complex and plenty of money for themselves (a little over half of the congress = millionaires), but money for the unemployed? No, there's no more money. It's disgusting.

Barack Obama’s Holiday gift to workers
DC workers speak out on federal budget cuts
http://www.wsws.org/en/articles/2013/12/24/dcue-d24.html

Posted by Guest on Dec. 24, 2013 @ 5:39 am

drawn it for a year or more. That creates a disincentive to find a job.

Cutting off UI pay is the right decision. If we really want to help the unemployed, maybe we should temporarily dismantle the minimum wage.

Posted by Guest on Dec. 24, 2013 @ 3:26 pm

in California and one of the lowest unemployment rates.

Tens of millions of discouraged workers who have exhausted their unemployment benefits no longer have that "disincentive" and remain without jobs.

Labor participation rates are at their lowest points since almost forever.

Median US household incomes remain around $5000 below 2008 levels.

Around 50,000,000 use food stamps, an all time high.

Reinstituting slavery will eliminate unemployment and would seem to fit into your philosophy.

Posted by Guest on Dec. 24, 2013 @ 5:17 pm

in any event, my comment applies to the nation, since this was a federal rule being discussed.

I fully agree with not extending the UI benefits for the simple reason that the deficit cannot afford them.

Posted by Guest on Dec. 24, 2013 @ 6:13 pm

High minimum wage, large labor force, low unemployment.

There's no minimum wage in many parts of the world that have over 50% unemployment.

Businesses hire people if they can make money from their labor. When the economy tanks because too few people have too much money or most people don't have enough (like now), unemployment rises regardless of the minimum wage.

The US minimum wage is below 1970 rates, and is falling in real terms daily, but unemployment remains high. There was no hike in the minimum wage during the 2007-8 financial crisis and unemployment skyrocketed.

Posted by Guest on Dec. 24, 2013 @ 9:56 pm

not at $12 an hour.

Support minimum wage if you wish, but there is no way that it doesn't suppress employment at the margin.

Posted by Guest on Dec. 24, 2013 @ 6:15 pm

And there's actually a good reason for that. Despite what employers might say (everybody likes to whine), nobody hires fewer workers when wages go up, because nobody hires one single worker they don't need in the first place.

Employers don't see their purpose as being a jobs program. If they need some work done, they hire someone to do it. If they can do without the employee, they do without.

Now they might raise their prices, but even that's overblown. There are several reasons for this.
1. Prices are only partly determined by labor costs. In fact, for most businesses, labor isn't even the largest cost.
2. Competition usually prevents the employer from passing on 100% of even the increased labor cost to the consumer. They'd *like* to, but the reality of the marketplace means that they will likely have to eat some of the costs by reducing their profits a little.
3. More money in the pockets of lower paid workers always goes back into the economy; lower-paid workers spend all their money, while more money to the bosses gets partly spent, but partly hoarded. Therefore, increased labor costs may actually turn out to help the business owner through higher sales.

Posted by Greg on Dec. 24, 2013 @ 11:26 pm

If a new outlet is viable if I pay $8 an hour but not if I pay $12 an hour, then I will invest in it if a local government does not force me to pay the higher rate.

Or i may expand in places which only have the federal minimum wage and not a higher local one. That is why 1/3 of all new jobs in the last 10 years have been created in Texas. Many of them are low-pay jobs but that is still better than no jobs at all.

Ideally I would prefer no minimum wage and leave the parties free to negotiate whatever they want. No need to meddle.

Posted by Guest on Jan. 08, 2014 @ 4:14 pm

I watched a video the other night of Lily Tomlin mocking a class-ist bitch. When I watched her, I thought of:

"Posted by Guest on Dec. 24, 2013 @ 3:26 pm"

With someone that dead and cold inside (as Guest on Dec. 24, 2013 @ 3:26 pm"), what does one expect? One wonders whether that person (if it is a person) had their lobotomy before or after they were born. Difficult to tell.

Here's the Tomlin video:

Description: "Lily Tomlin appears on Night After Night to pitch her new movie, "The Search For Signs of Intelligent Life in the Universe." But instead of appearing as herself, she is interviewed as "Kate", a wealthy Manhattan socialite who bankrolled the movie and only has a passing acquaintance with Lily Tomlin. Further, it appears she doesn't even like Lily that much. Alan does a great job playing along, acting at times as if he's genuinely disgusted with Kate. This is brilliant television."

https://www.youtube.com/watch?v=zk6UQtjwIMc

Posted by Guest on Dec. 25, 2013 @ 5:22 pm

A wonderful job. Super helpful innmioatrof.

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Posted by John on Apr. 11, 2014 @ 1:00 am

Just give it a chance, and you'll find that the city Women Louis Vuitton Artsy MM-Brown Louis Vuitton M40249 has so much Women Louis Vuitton Alma MM-Brown Louis Vuitton M53150 more to offer than crime and fear.

Posted by John on Apr. 11, 2014 @ 1:02 am

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