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Joined: Nov 2011
Posts: 31,154 Likes: 5
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Nov 2011
Posts: 31,154 Likes: 5 |
Recently in another thread, I did a run through of Labor Force, Labor Force participation rates, and Unemployment. In that spirit, let's take a look at Greece, and see if we can spot the problem:
Population 10,775,557.00
Labor Force 3,910,000.00
Labor Force participation rate (2013) 53.00%
Labor Force Participants. 1,837,700.00
Unemployment rate 27.00%
Employed 1,341,521.00
Percent of population working 12.45%
Public Sector portion of GDP 40.00% Their problem is pretty clear. With only 12.45% of the population employed, effectively IS WORKING.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Apr 2010
Posts: 14,748 Likes: 4
Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2010
Posts: 14,748 Likes: 4 |
At what percentage rate of tax is it still profitable for a person to continue working??
Even birds know not to land downwind!
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Joined: Aug 2004
Posts: 28,252 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Aug 2004
Posts: 28,252 Likes: 2 |
Recently in another thread, I did a run through of Labor Force, Labor Force participation rates, and Unemployment. In that spirit, let's take a look at Greece, and see if we can spot the problem:
Population 10,775,557.00
Labor Force 3,910,000.00
Labor Force participation rate (2013) 53.00%
Labor Force Participants. 1,837,700.00
Unemployment rate 27.00%
Employed 1,341,521.00
Percent of population working 12.45%
Public Sector portion of GDP 40.00% Their problem is pretty clear. With only 12.45% of the population employed, effectively IS WORKING. Link?
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Joined: Mar 2001
Posts: 12,165
Campfire Outfitter
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Campfire Outfitter
Joined: Mar 2001
Posts: 12,165 |
At what percentage rate of tax is it still profitable for a person to continue working?? I'm lucky in that my job is very flexible. I can basically work as much or as little as I want, it just depends upon how hard I want to push myself. I can't say for the Greeks, but when I hit the higher income tax brackets each year I slow down working. I'm divorced now so the rates ramp up quickly. Add on top of that the 5% Mississippi state income tax and the Medicare tax & they're taking 40% of everything I make. That's too much to make it worthwhile for me to go to work. I'd rather have the time off than work for 60 cents on the dollar.
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Joined: Aug 2005
Posts: 7,041
Campfire Tracker
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Campfire Tracker
Joined: Aug 2005
Posts: 7,041 |
Greece sounds like a model for what Zero is trying to accomplish here.
Communists: I still hate them even after they changed their name to "liberals". ____________________
My boss asked why I wasn't working. I told him I was being a democrat for Halloween.
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Joined: Nov 2011
Posts: 31,154 Likes: 5
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Nov 2011
Posts: 31,154 Likes: 5 |
Recently in another thread, I did a run through of Labor Force, Labor Force participation rates, and Unemployment. In that spirit, let's take a look at Greece, and see if we can spot the problem:
Population 10,775,557.00
Labor Force 3,910,000.00
Labor Force participation rate (2013) 53.00%
Labor Force Participants. 1,837,700.00
Unemployment rate 27.00%
Employed 1,341,521.00
Percent of population working 12.45%
Public Sector portion of GDP 40.00% Their problem is pretty clear. With only 12.45% of the population employed, effectively IS WORKING. Link? Barky, I put these numbers together myself. For my source, I used the CIA world Factbook: https://www.cia.gov/library/publications/the-world-factbook/geos/gr.html
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Aug 2004
Posts: 28,252 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Aug 2004
Posts: 28,252 Likes: 2 |
Recently in another thread, I did a run through of Labor Force, Labor Force participation rates, and Unemployment. In that spirit, let's take a look at Greece, and see if we can spot the problem:
Population 10,775,557.00
Labor Force 3,910,000.00
Labor Force participation rate (2013) 53.00%
Labor Force Participants. 1,837,700.00
Unemployment rate 27.00%
Employed 1,341,521.00
Percent of population working 12.45%
Public Sector portion of GDP 40.00% Their problem is pretty clear. With only 12.45% of the population employed, effectively IS WORKING. Link? Barky, I put these numbers together myself. For my source, I used the CIA world Factbook: https://www.cia.gov/library/publications/the-world-factbook/geos/gr.html OK, thanks.
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Joined: Apr 2004
Posts: 42,924 Likes: 13
Campfire 'Bwana
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Campfire 'Bwana
Joined: Apr 2004
Posts: 42,924 Likes: 13 |
kinda reminds ya of Detroit.....
or many towns in California...
"Minus the killings, Washington has one of the lowest crime rates in the Country" Marion Barry, Mayor of Wash DC
“Owning guns is not a right. If it were a right, it would be in the Constitution.” ~Alexandria Ocasio Cortez
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Joined: Oct 2008
Posts: 18,178
Campfire Ranger
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Campfire Ranger
Joined: Oct 2008
Posts: 18,178 |
There's only so many olives that can be pressed and tourist to be fleeced...what's everyone else to do?
TRUMP- GABBARD 2024
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Joined: Sep 2006
Posts: 7,150
Campfire Tracker
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Campfire Tracker
Joined: Sep 2006
Posts: 7,150 |
Those percentages look familiar...oh wait...it's similar to the USA. We're fooked.
"It's a source of great pride, that when I google my name, I find book titles and not mug shots." Daniel C. Chamberlain
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Joined: Aug 2007
Posts: 115,424 Likes: 13
Campfire Sage
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Campfire Sage
Joined: Aug 2007
Posts: 115,424 Likes: 13 |
I'm still I disbelief a country full of Greeks would be pro-lazy.
Travis
Trump being classless,tasteless and clueless as usual. Sorry, trump is a no tax payin pile of shiit. My young wife decided to play the field and had moved several dudes into my house
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Joined: Sep 2004
Posts: 29,383
Campfire Ranger
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Campfire Ranger
Joined: Sep 2004
Posts: 29,383 |
I'm still I disbelief a country full of Greeks would be pro-lazy.
Travis Switch must go off when they move to the US. I don't know a greek family that doesn't over work.
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Joined: Nov 2003
Posts: 67,804 Likes: 11
Campfire Kahuna
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Campfire Kahuna
Joined: Nov 2003
Posts: 67,804 Likes: 11 |
Greeks have always had a strong left wing tendency. Right after WWII, only armed intervention by the Brits saved Greece from going communist then. For many years, Greeks have 'enjoyed', and demanded socialism. This is the end result.
Sam......
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Joined: Sep 2007
Posts: 26,524
Campfire Ranger
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Campfire Ranger
Joined: Sep 2007
Posts: 26,524 |
I like the fact that they are fighting where to get bailout from.
And austerity means which social programs are tightening the belts.
Apparently the concept of working is pretty well f'd up?
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Joined: Dec 2012
Posts: 7,696
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2012
Posts: 7,696 |
give them what they want. let it be a lesson to the rest of the world.
ked
if a man speaks, and there isn't a woman around to hear him, is he still wrong?
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Joined: Dec 2014
Posts: 303
Campfire Member
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Campfire Member
Joined: Dec 2014
Posts: 303 |
Have they been prominently flying their rainbow flags?
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Joined: Sep 2006
Posts: 23,660 Likes: 1
Campfire Ranger
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Campfire Ranger
Joined: Sep 2006
Posts: 23,660 Likes: 1 |
The problem with Greece, nobody is working: Also driven by the fact that Greece makes almost no hard good, i.e., no industrial base for either jobs or goods to sell or trade. The exact direction of the U.S. economy. MM
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Joined: Nov 2005
Posts: 22,737
Campfire Ranger
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Campfire Ranger
Joined: Nov 2005
Posts: 22,737 |
I see Putin isn't wasting anytime snuggling up to the socialists in grease.
My home is the "sanctuary residence" for my firearms.
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Joined: Sep 2007
Posts: 964
Campfire Regular
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Campfire Regular
Joined: Sep 2007
Posts: 964 |
I hate to be this cruel but, this maybe a good thing for the world. Everyone is watching Greece. Unlike all other times in history when a country went belly up, we did not have the full media, and social media we have now. Depending on how bad it gets it may instill fear in other countries, and people in general, which will be a good thing. People will see that money spent on credit has to be paid back. It doesn't matter if a county gives a perk like retiring at 50 on credit, or someone using credit to buy a jet ski in Florida. People must be shown an example of what will happen when you live beyond your means, borrow money, and don't live on a budget. Many people believe that someone, or something will step in and save them, they won't really have to suffer the consequences of living beyond their mean. That's why people who lived through the depression in the 1930s would almost never borrow money. They realized wheat happened if you could not pay your bills, and it wasn't. Might be good for people to see the grapes of wrath in living color. I do feel bad for the Greeks who will be the actors in this horror film.
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Joined: Nov 2007
Posts: 1,015
Campfire Regular
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Campfire Regular
Joined: Nov 2007
Posts: 1,015 |
I'm still I disbelief a country full of Greeks would be pro-lazy.
Travis Switch must go off when they move to the US. I don't know a greek family that doesn't over work. The key here is that they emigrated to US looking for better opportunities and not afraid to work. I just read an article the other day about how Greece is on a death spiral because many of the educated/skilled Greeks are moving out of the country.
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