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Nye Bevan

(25,406 posts)

32. "Lump of Labor fallacy" (see post 12) (nt)

Reply to TheKentuckian (Reply #28)

Tue Apr 2, 2013, 05:31 PM

Apr 2013

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The more children people have, the better shape Social Security will be in. [View all] Nye Bevan Apr 2013 OP

Fuck that. There IS a clear solution. randome Apr 2013 #1

No, the Duggar girls will be married, stay-at-home mothers and sinkingfeeling Apr 2013 #2

Perhaps. But those girls will have kids, of whom some will be boys and will go to work, Nye Bevan Apr 2013 #14

Only if they having paying jobs. Without TV, the Duggars would be on sinkingfeeling Apr 2013 #22

Or we can just have a sensible immigration policy Gormy Cuss Apr 2013 #3

I am totally in favor of that. Nye Bevan Apr 2013 #5

Raise the cap. Raise the cap. Raise the cap. NYC_SKP Apr 2013 #4

I see this all the time on DU. But people almost never explain what they mean by it. Nye Bevan Apr 2013 #7

Earners don't pay their 15% tax for Social Security for income beyond the first $106,800. NYC_SKP Apr 2013 #15

Then the maximum Social Security payment will automatically be uncapped. Nye Bevan Apr 2013 #17

No, it won't. SS payments have to be means-tested. NYC_SKP Apr 2013 #21

So you are proposing to turn Social Security into a welfare program. Nye Bevan Apr 2013 #25

Think of it this way too. LiberalFighter Apr 2013 #31

Social security won't help you if there is no food to eat, water to drink, or air to breathe. antigone382 Apr 2013 #6

+1 One_Life_To_Give Apr 2013 #9

And in 1894, the London Times estimated that by 1950 London would be 9 ft deep in horse manure (nt) Nye Bevan Apr 2013 #10

I don't think the two situations really compare. antigone382 Apr 2013 #16

Hell there aren't enough jobs for the people we have now? upaloopa Apr 2013 #8

Ah, now that's what economists refer to as the "Lump of Labor" fallacy. Nye Bevan Apr 2013 #12

All economists agree on this? redqueen Apr 2013 #23

What's the unemployment rate? Why do we have so many graduates upaloopa Apr 2013 #30

Are you ignorant of the problems caused by overpopulation? tabasco Apr 2013 #11

I am familiar with the predictions made by Thomas Malthus in 1798 (nt) Nye Bevan Apr 2013 #13

So what? tabasco Apr 2013 #19

At that time there were other places to go to. antigone382 Apr 2013 #20

Moreover, if you're going to reduce all the arguments against overpopulation to Malthusian hysteria antigone382 Apr 2013 #24

Thank you for being brave enough to mention the unmentionable. Gregorian Apr 2013 #18

All that is needed for Social Security to be in fine shape is to pay a Living Wage. RC Apr 2013 #26

That, and raising the cap on what portion of one's earnings get taxed. GoCubsGo Apr 2013 #27

No, that just gluts the labor pool which reduces wages which are declining already TheKentuckian Apr 2013 #28

"Lump of Labor fallacy" (see post 12) (nt) Nye Bevan Apr 2013 #32

See reality. Labor is not a fixed number but it isn't infinite either. TheKentuckian Apr 2013 #34

The more children people have, the worse our entire planet will be. MadHound Apr 2013 #29

The more people, the more competition to stand out from the crowd. randome Apr 2013 #33

"Who is going to take care of you when you are old" bullshit mentality. Wonder if anyone who idwiyo Apr 2013 #35

Turning it into a Ponzi scheme is hardly a solution bhikkhu Apr 2013 #36

No, because most of them will have McJobs and not pay much into SS. nt raccoon Apr 2013 #37

I'd prefer immigrants treestar Apr 2013 #38

Definitely. We should welcome skilled immigrants with open arms. Nye Bevan Apr 2013 #39

I was thinking more of young families treestar Apr 2013 #42

Immigration is much better RB TexLa Apr 2013 #46

wow. stunningly bad op. gets my nomination for worst of the day cali Apr 2013 #40

See post 39 re. raising the cap (nt) Nye Bevan Apr 2013 #41

Agreed. Got no problem with the Duggars LittleBlue Apr 2013 #43

Right. With fewer jobs and more of them minimum wage, smirkymonkey Apr 2013 #44

I'm not giving up my time and income to raise children RB TexLa Apr 2013 #45