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The result of Obamanomics...

HoustonHusky
HoustonHusky Member Posts: 5,999
According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

“We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

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Comments

  • 2001400ex
    2001400ex Member Posts: 29,457

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
  • Blackie
    Blackie Member Posts: 499
    edited December 2016

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
  • greenblood
    greenblood Member Posts: 14,559
    Blackie said:

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
    Most of these contract jobs aren't legit jobs. Most are multi-level sales jobs, which over half lose money on, and only about 10% make an honest livable wage.
  • 2001400ex
    2001400ex Member Posts: 29,457

    Blackie said:

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
    Most of these contract jobs aren't legit jobs. Most are multi-level sales jobs, which over half lose money on, and only about 10% make an honest livable wage.
    OK! That comment is so far lost on reality.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,417 Founders Club
    2001400ex said:

    Blackie said:

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
    Most of these contract jobs aren't legit jobs. Most are multi-level sales jobs, which over half lose money on, and only about 10% make an honest livable wage.
    OK! That comment is so far lost on reality.
    Ironic.
  • LoneStarDawg
    LoneStarDawg Member, Swaye's Wigwam Posts: 13,672 Founders Club
    "Freelancer" is millennial talk for part time barista and/or wanna be photog
  • greenblood
    greenblood Member Posts: 14,559
    edited December 2016
    2001400ex said:

    Blackie said:

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
    Most of these contract jobs aren't legit jobs. Most are multi-level sales jobs, which over half lose money on, and only about 10% make an honest livable wage.
    OK! That comment is so far lost on reality.
    You're right...it's more like 5%

    Let's also not forget the "professional" bloggers. They need love too.
  • Sledog
    Sledog Member Posts: 37,624 Standard Supporter
    Businesses don't want full time employees due to Obozo care. Simple fact and no choices involved for most employees.
  • doogie
    doogie Member Posts: 15,072
    You can't ignore 250,000 Uber drivers in the US
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    Businesses don't want full time employees due to Obozo care. Simple fact and no choices involved for most employees.

    Actually that's not true either. The part time employment scare that the right wing news sites pushed was about as legit as death panels and Obamacare cratering the economy.
  • doogie
    doogie Member Posts: 15,072
    So, there aren't 250,000 UBER drivers classified as "New Businesses" in the United States that have been added in the past 6 years?
  • 2001400ex
    2001400ex Member Posts: 29,457
    doogie said:

    So, there aren't 250,000 UBER drivers classified as "New Businesses" in the United States that have been added in the past 6 years?

    Who disagreed wth you?
  • Sledog
    Sledog Member Posts: 37,624 Standard Supporter
    2001400ex said:

    Sledog said:

    Businesses don't want full time employees due to Obozo care. Simple fact and no choices involved for most employees.

    Actually that's not true either. The part time employment scare that the right wing news sites pushed was about as legit as death panels and Obamacare cratering the economy.
    Your DNC talking points get so old. Try daily KOS it's more in tune to your beliefs.
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    2001400ex said:

    Sledog said:

    Businesses don't want full time employees due to Obozo care. Simple fact and no choices involved for most employees.

    Actually that's not true either. The part time employment scare that the right wing news sites pushed was about as legit as death panels and Obamacare cratering the economy.
    Your DNC talking points get so old. Try daily KOS it's more in tune to your beliefs.
    What DNC talking points are you arguing?
  • DugtheDoog
    DugtheDoog Member Posts: 3,180
    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    Yes, independent contract work and sole proprietorship are generally good things that benefit small business and the individual worker. But typical HondoFS can't understand that Obubba's economy is not creating millions of the types of contract jobs where people are stepping over each other to take.

    If you can't see that the contract jobs Obubba has "created" are by and large, the ones people take out of necessity, you are HondoFS.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    Yes, independent contract work and sole proprietorship are generally good things that benefit small business and the individual worker. But typical HondoFS can't understand that Obubba's economy is not creating millions of the types of contract jobs where people are stepping over each other to take.

    If you can't see that the contract jobs Obubba has "created" are by and large, the ones people take out of necessity, you are HondoFS.
    First of all, Obama didn't create jobs. Secondly, in most expansions, there's a mix of jobs that are created. I'm the 2000s, it was temporary jobs from the housing market, like sheet rockers and such, and service jobs from the explosion in restaurants and such.

    This decade it was technology jobs and service jobs, including Uber. Our economy is transitioning into a technology society from a manufacturing one. Medical jobs have also increased a lot the last decade (despite the "news" that said Obamacare would crater health care jobs).

    A lot of these things are out of the control of the president or Congress. You can increase taxes on imports and if it's still cheaper to pay people in China to do the work, companies will.

    That being said, how do you think Trump will create jobs that meet your definition of a good job?
  • Sledog
    Sledog Member Posts: 37,624 Standard Supporter
    doogie said:

    You can't ignore 250,000 Uber drivers in the US

    That people have been forced to make their personal vehicles into taxi's in order to make ends meet.

    That's Obamanomics in a nutshell!
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    doogie said:

    You can't ignore 250,000 Uber drivers in the US

    That people have been forced to make their personal vehicles into taxi's in order to make ends meet.

    That's Obamanomics in a nutshell!
    Who the fuck has been forced into driving for Uber?
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113
    2001400ex said:

    Sledog said:

    doogie said:

    You can't ignore 250,000 Uber drivers in the US

    That people have been forced to make their personal vehicles into taxi's in order to make ends meet.

    That's Obamanomics in a nutshell!
    Who the fuck has been forced into driving for Uber?
    It will be funny to watch the narrative go from "The economy is complete shit" to "The economy is booming" over the next month and a half. Trump is already trying to take credit for the DJIA hitting 20k.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    Sledog said:

    doogie said:

    You can't ignore 250,000 Uber drivers in the US

    That people have been forced to make their personal vehicles into taxi's in order to make ends meet.

    That's Obamanomics in a nutshell!
    Who the fuck has been forced into driving for Uber?
    It will be funny to watch the narrative go from "The economy is complete shit" to "The economy is booming" over the next month and a half. Trump is already trying to take credit for the DJIA hitting 20k.
    Exactly. Labor participation rates and deficits won't matter anymore.
  • Sledog
    Sledog Member Posts: 37,624 Standard Supporter
    Obama won't matter anymore. Antisemite turd.
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    Obama won't matter anymore. Antisemite turd.

    Trump would have won the popular vote if 3 million illegal immigrants didn't vote.

    I know it's not on a meme so you probably won't get it.
  • Sledog
    Sledog Member Posts: 37,624 Standard Supporter
    2001400ex said:

    Sledog said:

    Obama won't matter anymore. Antisemite turd.

    Trump would have won the popular vote if 3 million illegal immigrants didn't vote.

    I know it's not on a meme so you probably won't get it.
    You're as worthless as your hero's.
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113
    Sledog said:

    2001400ex said:

    Sledog said:

    Obama won't matter anymore. Antisemite turd.

    Trump would have won the popular vote if 3 million illegal immigrants didn't vote.

    I know it's not on a meme so you probably won't get it.
    You're as worthless as your hero's apostrophes.
  • Sledog
    Sledog Member Posts: 37,624 Standard Supporter

    Sledog said:

    2001400ex said:

    Sledog said:

    Obama won't matter anymore. Antisemite turd.

    Trump would have won the popular vote if 3 million illegal immigrants didn't vote.

    I know it's not on a meme so you probably won't get it.
    You're as worthless as your hero's apostrophes.
    As worthless as grammar Nazis?
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    Sledog said:

    2001400ex said:

    Sledog said:

    Obama won't matter anymore. Antisemite turd.

    Trump would have won the popular vote if 3 million illegal immigrants didn't vote.

    I know it's not on a meme so you probably won't get it.
    You're as worthless as your hero's apostrophes.
    As worthless as grammar Nazis?
    It's always special trying to act smart when you don't understand third grade grammar.
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113
    Sledog said:

    Sledog said:

    2001400ex said:

    Sledog said:

    Obama won't matter anymore. Antisemite turd.

    Trump would have won the popular vote if 3 million illegal immigrants didn't vote.

    I know it's not on a meme so you probably won't get it.
    You're as worthless as your hero's apostrophes.
    As worthless as grammar Nazis?
    I thought we liked fascism again.