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Why Trump's 4% GDP Will Remain Elusive: It's Not His fault, it is simply a function of math
Zero hedge ^ | 01/03/2016 | Lance Roberts via RealInvestmentAdvice.com

Posted on 01/03/2017 2:26:29 PM PST by SeekAndFind

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To: crz

I was agreeing with you and expanding on your thoughts there.


41 posted on 01/03/2017 6:34:18 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: miniTAX
Besides, I suspect there are more than 2 reasons for GDP growth.

Our GDP is the sum total of all goods and services produced in the U.S. There might be other "reasons" for it, but the end result is that someone has to buy everything and someone has to sell it. These are basically functions of population and productivity.

You're right that working population is the primary factor on the production side, but there are plenty of sales of products and services even with non-working people (elderly, children, etc.).

42 posted on 01/03/2017 7:57:52 PM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: DannyTN
Only 60% of our working age people are actually working. So if you put them back to work, you have a huge productivity boost. You go from not producing anything to producing something.

That's a very good point, but there's a flip side to this. I look around at all of the job postings and unfilled positions in various industries in my area, and I wonder how many of those 40% are even capable of working in decent jobs at all.

43 posted on 01/03/2017 8:01:27 PM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: Alberta's Child

Making welfare/food stamps/section 8/energy assistance and all the other freebies a little less lucrative and people might be a bit more willing to earn their keep.


44 posted on 01/03/2017 8:04:58 PM PST by meyer (The Constitution says what it says, and it doesn't say what it doesn't say.)
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To: SeekAndFind

If Obama can keep the GDP growth in the positive range, Trump should be able to get to 4% quite easily, given the same conditions.


45 posted on 01/03/2017 8:23:36 PM PST by Crucial
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To: SeekAndFind

LOL! More of those heavily invested in the current set of circumstances trying to explain why we really can’t change things - just too dang hard and here’s the charts to prove it.....


46 posted on 01/04/2017 4:41:19 AM PST by trebb (Where in the the hell has my country gone?)
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To: Alberta's Child

That’s a valid point. I have an uncle who is a manager in the rain garment industry. They’ve offshored and are just a distribution point now. He says there is no skilled labor left in America.

That may be true. But it seems like they trained foreigners easy enough. I don’t believe Americans are not trainable.


47 posted on 01/04/2017 9:15:50 AM PST by DannyTN
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To: DannyTN
I have met more than a few business owners who tell me that a lack of work skills aren't the biggest problem they face in prospective employees, but work ethic and personal initiative.

Here's a sobering article about this subject:

Click Here

On-the-job training does nothing for people who don't have basic standards of human behavior, drug problems, or a combination of these things.

48 posted on 01/04/2017 10:51:08 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: DannyTN
He says there is no skilled labor left in America that will work for third world wages.

Fixed it.

49 posted on 01/04/2017 10:55:31 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Alberta's Child; central_va

I’m for doing interventions for these type of people.

It doesn’t make sense to do interventions until you have jobs available. But once there are jobs available, those that don’t go back to work willingly, need to have help, they need supervision, they made even need training in basic standards of human behavior.

They will be a drag on society until it’s addressed. So we might as well give them a hand up, even if it’s a push or shove.


50 posted on 01/04/2017 11:00:22 AM PST by DannyTN
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Comment #51 Removed by Moderator

To: central_va
I come to FreeRepublic for intelligent interaction with other people -- many of whom may disagree with a lot of things I post here.

"Intelligent" is the operative word here ... which is why this will be the last thing I ever post in response to you.

52 posted on 01/04/2017 11:15:42 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: DannyTN

Interesting idea, but who will do the “intervention” in these cases?


53 posted on 01/04/2017 11:16:51 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: Alberta's Child
Interesting idea, but who will do the “intervention” in these cases?

Government would have to coordinate it. Social services is already used to coordinating therapy / rehab /training with third parties. I wouldn't give it to them, since they instantly would want to take any kids in the household. But you could model it after them.

Step one, would be an assessment that attempts to identify why the person isn't working. What does the individual claim? What do past employers say? What do family members say? Might make sense to run through through some basic assessments, psych test, skills test, etc.

Then you go from there. Could be mandatory education classes, mandatory therapy, drug tests, drug rehab, assistance applying/maintaining jobs, possibly even placing cameras in the home for a week or month, to identify behavior problems.

54 posted on 01/04/2017 11:49:44 AM PST by DannyTN
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To: Alberta's Child
which is why this will be the last thing I ever post in response to you.

Good news that.

55 posted on 01/04/2017 11:57:29 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: crz
Excise taxes are not "bad".

But what they are, are taxes.

They take money out of the pocket of some citizens, under penalty of imprisonment, in order to benefit other citizens.

And they are every bit as susceptible to cronyist manipulation as is our current tax system.

As long as we all keep that in mind, we'll be OK.

56 posted on 01/05/2017 7:58:11 AM PST by Eric Pode of Croydon
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