Can We Call It A Recession?

Are you telling me farmers are going to rise as the strongest economic force? It has some appeal. My dad still has his little 44 acre farm maybe it's time to move home.

 

indeed...ive heard nothing in terms of food growth directly...plenty around the increase of food or water quality (Africans can print out little water filters) i think for the time being, food production will still be in the hands of people...planting, tending and harvesting will eventually be automated...Soooo...what are we humans going to do? Sweden has already experimented the 6 hour day and 4 day week...its do-able, but even then a band-aid...we all will have to rethink what we will do in the future...lazy, useless human beings will be a dime a dozen..."Enter" a billion sci-fi movies as to what happens next...

 

AU treats its' employee's great, compared to Canada... Netherlands : 29hrs/wk, Denmark: 33, Norway:33, Ireland: 34, Germany:35...These are productive countries. Canada is as well. Why are we pulling 40hr weeks? ...And 2 weeks vacation for the first 3 years? Want my vote Conservative Canada? Give the workers a break. Not the government employee's. Us regulars.

 

We get five weeks holiday-vacation here in Darwin, if you're old enough a free flight south every two years too...Penalty rates for weekends and public holidays...we are trying to release a paid parental leave scheme also...we work abuot 38hrs a week, depending on profession...and where you are on the ladder.
I get my long service leave this year, add that to my accrued leave and i could take off 21 weeks! Full pay...Come to Australia Poppy... : )

 

Adding more and more tariffs only leads to a new wave of protectionism. America does it, then the next nation does it and so on and so on which reduces the ability for successful exports. If people/companies in nations with higher wages can succeed in manufacturing (ie: Germany) or other area's of the economy then the US with such a large population base and a very low wage compared to other nations should be able to as well. need to focus less on protectionism and more on who are actually in charge of the companies because protectionism and government hand outs just makes them lazy and incompetent.

 

Work more hours my self but then again I'm working towards opening my own business so got to do the hard yards =)

As for Abbots paid parental leave scheme, I hate it. All for giving mothers a fair go but 26 paid leave then the right to come back to the job will just hurt businesses big and small not to mention the poor sap that was taken in then has to be kicked out... That and they could be paid up to $50,000 for 26 weeks of leave... if they are on $100,000+ jobs a year then they dont need a government hand out.

 

Guess it's all about finding the right balance. But which ever way it is you have to make sure you are only spending 90% of what you take in so to leave room for repayments of all that debt. Dont want to be like Japan and have Debt double your GDP.

For all my issues with my government down under for the most part they tend to act against economical issues before it's too late, Probably the reason we are the only advanced economy in modern history never to have a debt higher then our gross GDP =D

 

"China owns us. Obama is borrowing forty cents of every dollar he is spending, most of it from China."

Brilliant plan Barack. China is paying for the immigration influx. ..See- he does know what to do.

 

"Dont want to be like Japan and have Debt double your GDP."

Japan is in debt? Thought they had a bazillion olds there, just on the crest of dying. They didn't have a lot of children, so they must have a ton of money somewhere...Or did Fukushima put a dent in their wealth?

 

Thats the problem, People are living longer so the percentage of time they spend accumulating wealth is shrinking. So more cash ends up flowing towards looking after the old farts (If I have offended any of the oldies here please feel free to hit me over the head, Just dont break a hip while your at it ).

People are just difficult, They dont want to pay high taxes, They dont want to work long and they happy to live forever...

 

Nothing wrong with immigration if you set the system up to take advantage of it. Most assume immigration to be a burden on the system when if set up properly can just as easily create a new work force and a larger consumer base. Find the right set up and immigration could be the thing that turns the US economy around.

 

"Find the right set up and immigration could be the thing that turns the US economy around."

That's kinda what I was looking for in the immigration thread. A reason. There must have been some reasoning behind OB's decision to allow subsequent events. Thanks VN.

 

A reason...

Bring in millions of illegal aliens...give them amnesty...Bam!...Millions of "instant" Democratic voters.

 

The problem is that illegal immigration (legal is not a problem) places a burden on the native born and legal immigrant population. The latest estimate I read is $1,117 per household. On the National level 1/3rd of the additional cost is recouped by taxes on the increased economic output. (The taxpayer eats the other 2/3rds or we borrow it.) On the state level only 5% of additional costs are off set. The classic example is California. In 2010-2011 fiscal year there were $21.8 billion dollars in additional expenses related to illegal aliens, the state budget deficit that year was $14.4 billion. So if not for illegal aliens the state would have enjoyed a 7.4 billion dollar surplus.

 

This isn't the same thing as Carter or Reagan.

Obama has issued orders to specifically waive deportation on children, pregnant mothers and so on. In effect, he's inviting in those who don't expect to work, but just to become wards of the welfare state. It's insanity!

In response, Guatemala, Honduras and Mexico signed agreements on July 7th to fast track their most destitute citizens (read: unable to work) straight through to the US.

http://www.wnd.com/2014/07/mexico-guatemala-fast-track-delivery-of-illegals-to-u-s/

 

You got it.

 

So there was some kind of agreement. Maybe it was in Canadian news, missed that part totally...I'd like not to work and live for free. Where would one sign up? Is there an office in Canada?

Saw where Australia was offering 10,000 to immigrants if they left AU, and never come back. Maybe the US should consider something similar. 5,000 US would probably buy a new life for them back home. And think of the long term savings... Unless your looking for votes.

 

Yes. The immigration law hasn't changed, but the Obama administration simply waived the deportation requirement for a broad segment of the illegals caught. The segment he chose to give a free pass to are minors, children and pregnant women. In other words "If you can not contribute to our society, you go to the head of the line." That message was picked up loud and clear to the south. Mexico signed an agreement (July 7th) with its southern neighbors to allow them to transit Mexico with a temporary pass as long as they were going straight through to the US. Mexico has 120 million people. Guatemala has 15 million. Honduras 8 million. El Salvador 6 million.
And all of those nations are dirt poor. And the poorest are the uneducated teenagers (many of them affiliated with gangs) and single mothers with children. And Obama just gave them a free pass to come to the US and collect a check. Mexico is now facilitating that passage to the door Obama opened.

How many millions (tens of millions?) will flood north? I don't know. How will we pay for them when they get here? We can't. What will happen a year from now? Chaos. Why did Obama do this? Because he's an idiot.

 

What is the agreements' title? Or would it be a bill? Did it require to pass a vote?