POTUS 2016, part 3

A place to bring a contemplative / Dharmic perspective and opinions to current events and politics.

Who would you like to see winning the presidency of the U.S.?

Hillary Clinton - (Dem.)
38
47%
Donald Trump - Mike Pence (Rep.)
21
26%
Gary Johnson - Bill Weld (Libertarian)
8
10%
Jill Stein (Green)
14
17%
 
Total votes: 81

Phena
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Re: POTUS 2016, part 3

Post by Phena » Sun Mar 19, 2017 4:28 am

All the hard work regarding employment has been done under the previous administration, with the unemployment rate falling from 10% at it's highest down to 5%. This was quite a remarkable achievement given the basket case of an economy Bush handed over to Obama. The figure that has more significance is the unemployment rate rather than job creation.

However, the most concerning factor of all is not the current unemployment rate in America (5% is quite modest) but the pathetically low wages for the supposed wealthiest country in the world. The rate of increase in the working poor in the US is staggering, with many working for as little as $8/hr and having to hold-down multiple jobs, sometimes working up to 70hr/week!

The real test of a Trump government, is not employment, but to improve the wages and conditions of working Americans. I will go on the record right now and state that, not only will Trump not bring about improvement, but America will see a further decline in workers' living standards, while the big end of town (Trump's real constituents) will grow ever more greedy and fat.

America is beyond a joke for the living standards of workers and the underprivileged.

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mikenz66
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Re: POTUS 2016, part 3

Post by mikenz66 » Sun Mar 19, 2017 5:45 am

Phena wrote: However, the most concerning factor of all is not the current unemployment rate in America (5% is quite modest) but the pathetically low wages for the supposed wealthiest country in the world. The rate of increase in the working poor in the US is staggering, with many working for as little as $8/hr and having to hold-down multiple jobs, sometimes working up to 70hr/week!
It's an interesting comparison
Using current exchange rates the minimum hourly wage (in USD) is:
  • US 7.25
    UK 8.31
    New Zealand 10.69
    Australia 13.61
Here's an article from a couple of years ago about minimum wages: http://money.cnn.com/2015/05/14/pf/mini ... australia/

I went out to dinner last week with an American friend, who commented that many things seem more expensive here than back in Minnesota. I guess wages (and taxes) have an impact on some of those costs.

:heart:
Mike

Phena
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Re: POTUS 2016, part 3

Post by Phena » Sun Mar 19, 2017 6:49 am

mikenz66 wrote:
Phena wrote: However, the most concerning factor of all is not the current unemployment rate in America (5% is quite modest) but the pathetically low wages for the supposed wealthiest country in the world. The rate of increase in the working poor in the US is staggering, with many working for as little as $8/hr and having to hold-down multiple jobs, sometimes working up to 70hr/week!
It's an interesting comparison
Using current exchange rates the minimum hourly wage (in USD) is:
  • US 7.25
    UK 8.31
    New Zealand 10.69
    Australia 13.61
Here's an article from a couple of years ago about minimum wages: http://money.cnn.com/2015/05/14/pf/mini ... australia/

I went out to dinner last week with an American friend, who commented that many things seem more expensive here than back in Minnesota. I guess wages (and taxes) have an impact on some of those costs.

:heart:
Mike
Minimum Wage rates are misleading Mike (but the US doesn't fair too well there anyway). Firstly, I never mentioned Minimum Wages, but the growth of the working poor in America, and associated problems such as the working poor living in tents in parking lots because they cannot afford housing. This is a significant and growing problem in the US, where real wages have been declining.

What this spells out is the growing disparity of wealth, which is a far better indicator of the situation. In the OECD, using the Gini coefficient (the income or wealth distribution of a nation's residents), America is third from the bottom, eclipsed only by Chile and Mexico.

http://www.compareyourcountry.org/inequality
Last edited by Phena on Sun Mar 19, 2017 7:03 am, edited 1 time in total.

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mikenz66
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Re: POTUS 2016, part 3

Post by mikenz66 » Sun Mar 19, 2017 7:01 am

Yes, minumum wages are a blunt measure, but there are many people working on, or just above, the miinumum wage here and in the US, who, as you say, have difficulty affording basic necessities. It's interesting that the US, with a 50% higher GDP per person, has a significantly lower miniumum, and slightly lower median, wage compared to NZ. When I moved to the US temporarily in the early 80s it certainly seemed that those on minimum wages had more difficulty making ends meet than in NZ. Since then NZ has embraced many neo-liberal concepts, and the disparity between rich and poor has widened, and those on low wages have a more difficult time.

The "living wage" in NZ is, according to campaigners http://www.livingwage.org.nz/what_is_the_living_wage, about 35% higher than the minimum wage.

:heart:
Mike

Phena
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Re: POTUS 2016, part 3

Post by Phena » Sun Mar 19, 2017 7:27 am

It's a widespread problem in the OECD and it has been increasing, particularly recently.

America is an exceptional example though because of it's status as the wealthiest country.

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robertk
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Re: POTUS 2016, part 3

Post by robertk » Sun Mar 19, 2017 11:05 am

Every time I visit NZ I can't get over the prices.-
I pay for a cleaner for my mother's house for 4 hours a week and even that is costly. It seems a bit hard when much of the world can get full-time maids for not much more..

And then I had to pay tens of thousands in GST (VAT)for a piece of land..

Socialist states have their drawbacks.

Buddha Vacana
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Re: POTUS 2016, part 3

Post by Buddha Vacana » Sun Mar 19, 2017 12:04 pm

:shock:
Yeah they are not good for those who are privileged and not willing to share. They may be better for the many more underpriviliged who can't make a living wage working eg as maids because the minimum salary is so low

chownah
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Re: POTUS 2016, part 3

Post by chownah » Sun Mar 19, 2017 1:57 pm

Buddha Vacana wrote::shock:
Yeah they are not good for those who are privileged and not willing to share. They may be better for the many more underpriviliged who can't make a living wage working eg as maids because the minimum salary is so low
In the usa I think that the typical maid (maids are not typical there in general) who work as house cleaners who come not every day and charge by the hour actually make a very good wage.
chownah

Phena
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Re: POTUS 2016, part 3

Post by Phena » Tue Mar 21, 2017 12:25 pm

So not only has James Comey now driven the final nail into heart of the blatant fabrications of Trump claiming that Obama "tapped" him, but he has also admitted that Trump-Russia collusion is being investigated by FBI, Comey confirms:
FBI director James Comey has said there was no basis for Donald Trump’s claims to have been wiretapped by Barack Obama, but confirmed for the first time that the agency is investigating possible collusion between the Trump campaign and Moscow to influence the outcome of the presidential election.

Comey had previously refused to comment on the existence of any such investigation but addressing the House intelligence committee, Comey reversed course and said he had been authorised to depart from that policy and give some basic details.

Comey’s appearance, flanked by the NSA director, Adm Michael Rogers, marked a remarkable and unprecedented threshold in US political history, putting beyond doubt that a sitting’s president’s entourage was under investigation for possibly conniving with a foreign adversary to put that president in power.

What made the moment even more extraordinary was Trump’s tweeted commentary on – and misrepresenting of – the hearing as it was happening.
Comey and Rogers refused to answer scores of questions speculating on who in Trump’s orbit could be part of the wide-ranging investigation and spurned countless invitations to comment on news reports. But they made many key points over the course of several extraordinary hours of testimony.

• The counter-intelligence investigation into Trump-Moscow links began in late July 2016 and is still ongoing
• More than one person associated with the Trump campaign is under investigation for their ties to the Russian government
• Both FBI and NSA directors said there was no information to support Trump’s claims that he had been wiretapped by the Obama administration
• The NSA chief rejected White House suggestions that GCHQ had helped the Obama administration spy on Trump Tower and said the claim was “frustrating to a key ally”
• The Russian intervention in the election was “unusually loud”, as if Moscow did not care about being caught

Comey repeatedly stressed the unusual nature of the occasion, which led him to break with longstanding FBI practice of never commenting on ongoing investigations.
If and when this investigation begins to gain momentum and put heat on Trump and his administration, we can expect to see a lot more sensational tweets and leaking of tax returns, etc for distraction purposes. Hopefully the media will not be as gullible this time.

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SDC
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Re: POTUS 2016, part 3

Post by SDC » Wed Mar 22, 2017 7:52 pm

Phena wrote:So not only has James Comey now driven the final nail into heart of the blatant fabrications of Trump claiming that Obama "tapped" him...
Final nail as far as the FBI is concerned.

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SDC
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Re: POTUS 2016, part 3

Post by SDC » Wed Mar 22, 2017 7:57 pm

FYI - with the new POTUS 2017 thread this one is likely to close at any time. Of course any ongoing discussion can be moved there.

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retrofuturist
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Re: POTUS 2016, part 3

Post by retrofuturist » Wed Mar 22, 2017 9:50 pm

Greetings,

We may as well close it now. Thanks everyone for your contributions.

As SDC says, feel free to continue the conversation over at the new POTUS 2017 topic.

Metta,
Paul. :)
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