Comments on: SC Jobs: Keep Your Eye On The Ball http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/ Politics, Sports and Pop Culture Tue, 14 Feb 2012 22:49:30 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jim Kappler http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73759 Jim Kappler Fri, 30 Oct 2009 15:53:58 +0000 http://www.fitsnews.com/?p=32201#comment-73759 Can 200 people generate enough economic activity to create one more paycheck? If so, then you can create "local shopping" programs that can lower the unemployment rate 1%. In South Carolina that would be more then 20,000 jobs created from the production and purchase of goods and services, without one dime of "bailout" or "stimulus" money. With regards to the high unemployment rate, it is not the job that is important. It is the paycheck that is important. Therefore, a "paycheck creation" program is needed. The unemployment rate is a percentage of the labor force that is unemployed. Since the labor force is approximately 50% of the population (this varies from county to county,) jobs need to be created for approximately 1/2 of 1% of the population to shift the unemployment rate 1%. The ratio of population (local shoppers) to a 1% unemployment rate shift is about 200 to 1. Click on the following link to download an analysis that presents a starting set of numbers for the wages, generated from per capita economic activity, that would lower the South Carolina unemployment rate 1% (20,000+ jobs.) http://paycheckeconomics.wordpress.com/2009/08/26/an-approach-to-lowering-the-south-carolina-unemployment-rate-1-2/ Being a per capita based, this analysis this can be adopted for any community, county, state, or even nationally (it all adds up.) Click on the following link to download an analysis that presents a starting set of numbers for the wages, generated from per capita economic activity, that would lower the United States unemployment rate 1% (1.5 million jobs.) http://paycheckeconomics.wordpress.com/2009/10/18/an-approach-to-lowering-the-united-states-unemployment-rate-1-on-about-20week/ Can 200 people generate enough economic activity to create one more paycheck?

If so, then you can create “local shopping” programs that can lower the unemployment rate 1%. In South Carolina that would be more then 20,000 jobs created from the production and purchase of goods and services, without one dime of “bailout” or “stimulus” money.

With regards to the high unemployment rate, it is not the job that is important. It is the paycheck that is important. Therefore, a “paycheck creation” program is needed.

The unemployment rate is a percentage of the labor force that is unemployed. Since the labor force is approximately 50% of the population (this varies from county to county,) jobs need to be created for approximately 1/2 of 1% of the population to shift the unemployment rate 1%. The ratio of population (local shoppers) to a 1% unemployment rate shift is about 200 to 1.

Click on the following link to download an analysis that presents a starting set of numbers for the wages, generated from per capita economic activity, that would lower the South Carolina unemployment rate 1% (20,000+ jobs.)

http://paycheckeconomics.wordpress.com/2009/08/26/an-approach-to-lowering-the-south-carolina-unemployment-rate-1-2/

Being a per capita based, this analysis this can be adopted for any community, county, state, or even nationally (it all adds up.) Click on the following link to download an analysis that presents a starting set of numbers for the wages, generated from per capita economic activity, that would lower the United States unemployment rate 1% (1.5 million jobs.)

http://paycheckeconomics.wordpress.com/2009/10/18/an-approach-to-lowering-the-united-states-unemployment-rate-1-on-about-20week/

]]> By: SCCON http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73673 SCCON Thu, 29 Oct 2009 21:39:18 +0000 http://www.fitsnews.com/?p=32201#comment-73673 So Dad was right: money really doesn't grow on trees. It's a root crop. So Dad was right: money really doesn’t grow on trees. It’s a root crop.

]]> By: political hack http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73667 political hack Thu, 29 Oct 2009 20:44:27 +0000 http://www.fitsnews.com/?p=32201#comment-73667 Gotta love the hype the great Guvment of our state is getting on this from all news media outlets for bringing .25 whatever percent of the jobs back to SC, they must be the saviors we have been searching for in all this mess! I wonder what the Soviet will do next? Gotta love the hype the great Guvment of our state is getting on this from all news media outlets for bringing .25 whatever percent of the jobs back to SC, they must be the saviors we have been searching for in all this mess! I wonder what the Soviet will do next?

]]> By: Small Business Always Overlooked http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73650 Small Business Always Overlooked Thu, 29 Oct 2009 19:33:47 +0000 http://www.fitsnews.com/?p=32201#comment-73650 Small businesses will never see the incentives. Too much corruption would be had if there were incentives for small businesses. That's part of the problem. That and the Walmarting of American small business. Small businesses will never see the incentives. Too much corruption would be had if there were incentives for small businesses. That’s part of the problem. That and the Walmarting of American small business.

]]> By: Minto W. McGill http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73643 Minto W. McGill Thu, 29 Oct 2009 17:56:58 +0000 http://www.fitsnews.com/?p=32201#comment-73643 It's the soil conditions, I tell you, it's the soil conditions. You were right Mark, all is forgiven! It’s the soil conditions, I tell you, it’s the soil conditions. You were right Mark, all is forgiven!

]]> By: SC Native http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73639 SC Native Thu, 29 Oct 2009 16:59:06 +0000 http://www.fitsnews.com/?p=32201#comment-73639 Fits, You are obviously not a fan of the research university economic development initiatives, but what is your take on Clemson University's ICAR? Fits,

You are obviously not a fan of the research university economic development initiatives, but what is your take on Clemson University’s ICAR?

]]> By: donny http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73636 donny Thu, 29 Oct 2009 16:56:16 +0000 http://www.fitsnews.com/?p=32201#comment-73636 Fact check: Washington state had $3 billion in incentives vs. $170 million from SC, so we did not out-incentivize them. Fact check: Washington state had $3 billion in incentives vs. $170 million from SC, so we did not out-incentivize them.

]]> By: G.L. http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73632 G.L. Thu, 29 Oct 2009 16:14:17 +0000 http://www.fitsnews.com/?p=32201#comment-73632 Yeah, small businesses are getting shit on by the government from every side. The school tax now is the worst because businesses got no relief from the tax swap a few years ago. Since homeowners' taxes don't increase, school boards are raising taxes to the maximum amount allowed by Act 388 each year which is adding to the business taxes never got decreased. Also, businesses are having to pay the extra sales tax on top of all that. Yeah, small businesses are getting shit on by the government from every side. The school tax now is the worst because businesses got no relief from the tax swap a few years ago. Since homeowners’ taxes don’t increase, school boards are raising taxes to the maximum amount allowed by Act 388 each year which is adding to the business taxes never got decreased. Also, businesses are having to pay the extra sales tax on top of all that.

]]> By: Joseph Reynolds http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73631 Joseph Reynolds Thu, 29 Oct 2009 15:58:02 +0000 http://www.fitsnews.com/?p=32201#comment-73631 You are sure that the lack of unions wasnt just a teensy-wheensy bit of the reason that Boeing picked SC? You are sure that the lack of unions wasnt just a teensy-wheensy bit of the reason that Boeing picked SC?

]]> By: Mike http://www.fitsnews.com/2009/10/29/sc-jobs-keep-your-eye-on-the-ball/#comment-73628 Mike Thu, 29 Oct 2009 15:41:46 +0000 http://www.fitsnews.com/?p=32201#comment-73628 Sounds a lot better way of saying things than the garbage put out by the tone deaf fools at the Policy Council. Sounds a lot better way of saying things than the garbage put out by the tone deaf fools at the Policy Council.

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