United States Heading towards a Depression?

Um... isn't that basically what I wrote?????

The difference between continental Europe and and USA is that, in continental Europe, and unemployment payout is much larger and lasts much, much longer. GET IT?

Of course, you've never worked in continental Europe. I have.

gworld, you remind me of your friend Obama, never admit to your ignorance.

 

The above is from your link and exactly what I posted. At least read the links that you post, so you don´t look so stupid.

Corwin(mia), this is not what you said, no matter how much you try to hide your ignorance. In your post you said that the employer pays the unemployment pay out which is totally wrong. Employer pays the social security tax and severance pay which is in line with USA & Canada. If you have worked as cleaner for couple of months in Italy (which I doubt since as American is not easy to get work permit), I live in Spain right now and I had and have companies in different European countries.

 

Sounds similar setup in Australia, 4 weeks severance for every year worked. Seeing our economy's doing well I don't think you can blame that for recession. Why don't you just admit you've had theives and crooks running the place and it needs a revolution to clear them all out.

PS: make sure you plan a more suitable way to run things (the succession plan) before you begin the cull.

 

I found/watched this video today and thought about this thread. 30 mins of the American dream.

[video=youtube;tGk5ioEXlIM]http://www.youtube.com/watch?v=tGk5ioEXlIM[/video]

 

Is this the same Bushranger calling for revolution who criticised me for saying we should get mad, like in "The Network"?

Maybe things have changed since I last visited these crazy parts.

Great youtube clip by the way. I watched an interesting one last night on the Rothschild family. Sons of bitches, every last one of 'em.

I'm very surprised there's no thread about the healthcare bill.

 

gworld(BreezeWood), let's make this simple.

WHO pays the cost of a person's unemployment in Europe? Whose bottom line does it negatively impact? Who pays for it? If an Italian company complains that they have to pay for a former employee's unemployment, are they correct? WHERE DOES THE MONEY COME FROM?

If you go shopping at the grocery store and pay by credit card, you don't say "VISA paid for my groceries", do you? YOU paid for your groceries.

gworld, this isn't a debate that you think you can win on a "technicality". In Europe, a person's unemployment is paid for by the former employer. It's a bottom-line thing. This isn't a debate of semantics, it's an economics lesson. Understand?

 

Corwin, what do you mean by a person's unemployment? Do you mean the dole and such benefits? If so, everyone else (i.e. tax payers) pay for their unemployment. There's no escaping subsidising those who receive benefits. "Social security" is taken out of everyone's earnings but this is deceptive because it all ultimately ends up in the same money pot. Every penny I spend on petrol, food, clothes and booze is taxed. The next generation to replace the existing one here in the UK is going to have unbelievable problems; most of my friends, both singletons and couples, are on the dole. The couples are the worst as they get income support, council tax and their god damn rent paid for.

Being unemployed and receiving benefits is now a career choice. Don't get me started on those who have children for the benefits...

 

LOL. Corwin finally discovered that government budget comes from the tax that people and companies pay. Did you discover this all by yourself or someone helped you? Did have a Eureka moment when you discovered this unbelievable fact about economy? I don´t want to make you sad but the rest of us always knew that in all the countries governments tax the population and then use it as their budget for different programs.

 

No, what you actually posted was

1) US unemployment payments aren't based - AT ALL - on the number of years you work. As long as you worked at least 26 weeks, you collect. Payment is based solely on the amount you were paid before you lost your job.

2) NO state has mandatory severance pay. That's entirely up to the employer.

3) Unemployment Insurance and Social Security are two totally separate systems. Neither one has the slightest thing to do with the other. (SS is federal, UI is state.)

 

LOL. gworld finally understands that the government's budget comes from the tax that people and companies pay. Did you discover this all by yourself or has someone helped you? Did you have a Eureka moment when you discovered this unbelievable fact about economy?

Look, gworld, I don´t want to make you sad, but the rest of us always knew that in all countries, governments tax the population and then use it as their budget for different programs.

And when it comes to unemployment insurance in Europe, a business directly pays the government for a particular person's unemployment. When that person's unemployment insurance runs out, the business stops paying for that particular person. Understand? The difference between the USA and Europe is that European unemployment is a lot larger and lasts a lot longer. Hence European business' reluctance to hire. Understand?

 

LOL. Corwin (mia) true to the form, posts so much nonsense in order not to admit that he doesn´t know what he is talking about.

 

This is gworld(Bozo) surrendering the conversation yet again.

 

Some things never change.
I would have thought after more than a decade here that Julian would have grown up by now.
Again, some things never change!

 

It is so touching when you come to defend of your boy friend.

 

I love coming here to see you guys fight. It's more entertaining than WWE.

 

Thanks. I was going to reply, but you covered it nicely. I should add that, even here in the US, people who tend to vote with the democrats are the worst abusers of these "safety nets". It has become standard practice in California, for instance, where K-12 teachers make 86k a year with a 80% pension plan at age 55, to file for unemployment "compensation" during summer break.

I had a friend who was a fireman up in Mammoth lakes. it was seasonal work, so he would work exactly the six months he needed to be able to collect unemployment, and travel the other 6 months while collecting a check from the state for his "hardship".

From that particular circle of friends, another friend is doing his internship as an orthopedic surgeon, having graduated med school almost two years ago. Just the other day, he told me he regretted having gone to med school. Said he felt like he had made the wrong life decision because his dad, who is also a doctor, pushed him into medicine. He told me, for the compensation, number of years lost to slavery (internship) and school, and the amount of debt, he would have been FAR better off to pursue a career working as a fireman (for the government), based on his knowledge of the lifestyle of our other mutual friend.

This is the type of society we are headed towards. Its idiotic.

 

Exactly ObamaNation, the degree bubble is a scam. Most of my friends are now on the dole having graduated. Luckily for me I made a choice of degree based on a trade/skill that will only be in more demand as technology progresses.

 

While I agree that the degree bubble is a scam, I'm not sure I would lump a degree in medicine into the same pool as a degree in humanities, communications, or underwater basket weaving. I was trying to point out the gross injustice of compensating a fireman more than a medical doctor of any kind, especially in consideration of the skills and education required for each job.

About 20 years ago, Orange County CA rolled all of what it considered emergency services into a single management and pay structure. Police, Fire, Lifeguards. Now, the top lifeguard in any incorporated city in Orange County gets paid the same wage as a fire battalion cheif, roughly $265k a year, with 90% of their wage paid in pension at 65, or 80% if they retire at 55. Not bad for driving up and down the sand in Newport Beach, looking at the "scenery" all day long. Sign me up.

 

I understand, I agree that medicine is not on par with the "-ologies" and such.

Regarding the attractive public sector jobs, what do you expect, we're moving towards a type of communism. Unemployment will be eradicated through FDR-like mass government boondoggle jobs. All hail the establishment!

That lifeguard position sounds incredible. Having fun AND getting paid in bags o' cash? Sweet.

 

No offense, but if your friend wasn't actively and sincerely looking for another job during that 6 months, it was probably fraud? There isn't really any way around that. On unemployment, at least in my area, you are required to fill out a form (either electronic or mail) on a weekly basis to continue getting it. You have to say you were seeking employment, and available for work each day(being out of town is not available). With your signing, it also informs you of penalties for falsification. You can also get a letter in the mail at any time telling you to go to their office at such and such date and time. If you fail to appear they will stop your unemployment that same day. While you're there they ask for your list of where you have applied and names of potential employers you have spoken to. I think people that haven't been in a position to collect unemployment have a greater tendency to view it as a free and easy vacation. It's understandable. You work hard, go to work every day, and look around and see people getting "free" money from unemployment, food stamps...Some people resent it. But you have to understand, an average person doesn't want to be unemployed and dependent. But unemployment helps them get by temporarily so they don't also become homeless too. During the 6 month time when I was unemployed, I met many people in the same situation. I will always remember, they had a computer room at the unemployment office. Many of these people didn't even have the "luxury" of having a home computer. They would go in every day and spend hours on the computer applying for jobs. That room was always packed, lots of people desperately looking for work. So, with that story, sure, there are the few that take advantage. That's how it always is. But for the majority, it is a little safety net to buy them time to get it together again. You know too, one in seven people in the US are getting food stamps. But I firmly believe as long as we have opportunity, more jobs, better paying jobs, that's what people would prefer. It's normal to want to provide for yourself.

p.s. I think the government should focus on job creation. The demand for welfare type programs, even unemployment would sharply decrease on it's own.