tag:blogger.com,1999:blog-6616959642391988608.post8277565295658328455..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: What's driving the decline in labor force participation?Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6616959642391988608.post-81709043714890460622014-11-23T02:15:35.224-08:002014-11-23T02:15:35.224-08:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/06547009695726614906noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40258165286396910512014-07-31T12:50:55.959-07:002014-07-31T12:50:55.959-07:00"But demographics don't turn on a dime, t..."But demographics don't turn on a dime, they take many years to play out."<br /><br />Actually, they *can* turn on a dime. If you look at <a href="http://4.bp.blogspot.com/-Z7MDG98XsbY/UgescdGT96I/AAAAAAAAbdU/7q5k1gdylfg/s1600/Births2012.jpg" rel="nofollow"><b>a chart of the # of births per year</b></a>, you'll see that, right after WWII, the # of births shot up dramatically. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82200369396568853942014-07-31T11:39:33.458-07:002014-07-31T11:39:33.458-07:00Today's Investor's Business Daily article ...Today's Investor's Business Daily article on same topic--slow growth and weak job market.<br /><br /><a href="http://news.investors.com/ibd-editorials/073014-711157-applause-for-solid-growth-may-not-last.htm" rel="nofollow">Despite Strong Quarter, U.S. Remains in Growth Rut</a>sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-80130154073377458522014-07-31T05:56:45.092-07:002014-07-31T05:56:45.092-07:00St Louis Federal Reserve Bank
Velocity of M2 Mone...St Louis Federal Reserve Bank<br /><br /><b>Velocity of M2 Money Stock</b><br /><br />2014:Q2:....1.531 <br />2014:Q1:....1.534 <br />2013:Q4:....1.563 <br />2013:Q3:....1.569 <br />2013:Q2:....1.568 <br /><br />Still declining but at a slower rate in 2nd Quarter 2014.<br /><br />http://research.stlouisfed.org/fred2/series/M2VWilliamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-83145493015502487292014-07-30T21:25:18.241-07:002014-07-30T21:25:18.241-07:00PPS: I also believe that personal taxation should ...PPS: I also believe that personal taxation should be outlawed -- governments need to find some other way of raising money, or simply go away forever -- my idea of less government is very similar to essentially no government at all...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62330863158401713552014-07-30T21:21:15.825-07:002014-07-30T21:21:15.825-07:00PS: I also believe that Americans should have the ...PS: I also believe that Americans should have the guaranteed right and duty to work their entire lives, or until such time as they are fully disabled or able to retire via personal savings -- this would eliminate Social Security and Medicare costs for all but Americans who are fully disabled -- my definition of fully disabled is missing two or more limbs, eyes, or hearing (any combination) -- McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17888794072957292302014-07-30T21:03:37.441-07:002014-07-30T21:03:37.441-07:00I concur with Scott's analysis regarding labor...I concur with Scott's analysis regarding labor participation -- I am an advocate of cutting government spending by not less than 40% immediately (balancing the budget) -- to that end, only uniformed personnel should remain on the government payrolls -- moreover, all military personnel currently deployed overseas should be returned to the US for homeland defense duties on US soil -- governmentMcKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67514548754000326752014-07-30T19:31:42.713-07:002014-07-30T19:31:42.713-07:00The increased safety net clearly plays a significa...The increased safety net clearly plays a significant role as an enabler for people leaving the workforce. IMO, what's uncertain is whether there would have been sufficient work for marginal participants, even if they had been better incentivised. Productivity gains and technology has changed so much, and the Great Recession exposed a huge number of marginal workers that simply couldn't randyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-72364989002311693302014-07-30T19:27:37.139-07:002014-07-30T19:27:37.139-07:00I agree with Scott Grannis on this one.
SSDI and...I agree with Scott Grannis on this one. <br /><br />SSDI and VA "disability" rolls are booming. These people are getting paid to do nothing--except they put a burden on productive Americans. <br /><br />There are about 12 million Americans getting "disability" payments either through SSDI (8 million) or VA (close to 4 million, and no, they are not injured in battle. That Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75882776081376568132014-07-30T19:25:27.401-07:002014-07-30T19:25:27.401-07:00I think this explains a lot about the low work par...I think this explains a lot about the low work participation rate in the US.<br /><br />It also matches the bigger picture of a US economy that is hindered by big government and a lack of growth policies.<br /><br />The US continues to become Europe as Europe becomes Japan.PD Dennisonhttps://www.blogger.com/profile/10012560806774461700noreply@blogger.com