Trump admin tax architect to America: Get off your asses and get back to work!!!

[Yo_Mama_Been_Loggin]

Gary Cohn: 'We need to force people in many respects' back to work

Gary Cohn, a key architect of former President Trump's 2017 Tax Cuts and Jobs Act, has a new mission.

"We now need to get people back into the workforce and we need to force people in many respects to re-enter the workforce," Cohn told Yahoo Finance Live.

Cohn said he is worried the current shortage of labor threatens to undermine the ability of American businesses to compete at home and globally. The U.S. Department of Labor's latest JOLTS report showed there are almost 11 million job openings and roughly 8.4 million unemployed people in the United States.

"I think it's a huge issue right now, as you point out, labor demand is far outpacing labor supply," Stifel Chief Economist Lindsey Piegza said. But getting the unemployed back on the job, "it's not going to be a very fast or flip the switch scenario," Piegza added.

https://finance.yahoo.com/news/gary-cohn-we-need-to-force-people-in-many-respects-back-to-work-105004787.html

[Hugin]

1. Pay them a living wage...

No 'forcing' needed. Except, maybe those who are offering sub-living wages.

[DBoon]

10. and treat workers decently

Don't expect them to sacrifice friends and family to work at your command.

Don't expect them to give up vacations for your urgent crises.

Don't expect them to support your worthless relative who has snagged a management position.

Don't expect them to reschedule their honeymoon for your project deadline.

[Hugin]

11. Sounds reasonable.

[Hugh_Lebowski]

2. It *IS* a huge issue. This horrible situation causes wages/salaries to rise

and then the 1% doesn't get AS BIG of a new yacht, or AS BIG of a new vacation house this year, just because the (spits on ground) WORKERS are unfairly improving their lot in life!?!

This needs to STOP!

[House of Roberts]

3. He's oblivious to the fact that many of us have retired.

At one point pre-pandemic, 10,000 Americans a day were reaching the age of 65.

Now I might take a job, if the money was good, but in order to do that it's got to pay me more than $4-5 an hour more than my Social Security.

[NickB79]

4. So there are 2.6 million more jobs than workers?

Huh, sounds like we need more workers even if every American went back to work

Gee, if only there were a couple million immigrants desperate to come here and work. And if they just gathered at the border, begging to be let in, it would be even easier.

Oh, what am I thinking, that's crazy.

[VMA131Marine]

5. If only there was another source of labour to fill some of these jobs ...

maybe we could let some of the people clamouring to get into the country have some of them. Oh wait …

[Arazi]

6. The disconnect of the rich continues to astound

At LEAST 700,000 dead Americans.

At LEAST two million more chronically ill from long haul Covid.

Even more millions who've retired early or found ways to survive on a single working parent's income (and now prefer it).

The disconnect is disgusting. Reality check Mr. Cohn! Your party's leader(ship) blew a huge fucking hole in the labor force with their deadly pandemic response. Get used to it (or pay people along with benefits and you MIGHT lure some back to a viable job)

[Bettie]

7. Interesting conversation I had with a friend about

the current labor shortage.

He is an older man. He retired last year, as did, according to him, a lot of people in his age range, who might have otherwise remained working.

So, his take was this:

We lost a bunch of people to Covid.

More older people retired than usual for various reasons, including long term effects from Covid.

Younger people moved up the ladder, so to speak which allowed younger people who had been working two or three part time jobs to get a single full time job that covers their bills.

Some families realized that they really can make it on one income and be just fine.

So, restaurants and other places that rely on low-paid part time workers are having trouble filling those jobs, because they suck and because the people who used to work there have moved on to better jobs or have realized that a low paying high stress job isn't worth it.

And Gary Cohen can fuck right off.

[Marius25]

14. I also know that a lot of people are taking time off

if they have the means to do so to let Covid die down.

Lots of medical workers have quit, and are just taking a break or working in other areas that aren't in direct contact with patients.

People probably think I'm a loser, but I lost my luxury hotel job due to Covid, and I got some unemployment, but the industry is still pretty bad, and I'm taking care of a sick family member and not willing to go back to a job where I wasn't appreciated, wasn't paid enough, and have to risk dealing with the general public and crowds constantly. I have enough savings where I don't need to work right now and I spent the last 7 years doing backbreaking work for tips to cater to a bunch of self-entitled rich snobs.

I'm also trying to move, but haven't figured out where my best option is yet. Don't want to stay in my current area.

[Delphinus]

18. Nope,

not a loser to me. Thank you for all that you did in your job and for taking care of your family member, a job which takes a lot and is not paid.

[SWBTATTReg]

16. You said it best, and reflect exactly what I think too...And Gary Cohen can fuck right off.

[haele]

8. Yup, that IT engineer with a Master's degree totally wants to work at Hot Topic.

For a mere $8.00 an hour at 25 hours a week, or even get paid tips (!) on top of that wage asking customers if they want fries, soup or a side salad with their entree.

Heck yeah - and maybe even move two or three states over for a higher paying data entry or cable company installer.

A lot of people left the work force because they got a better offer. Or they retired early. Or they've got long-haul COVID and can't work. Or they went back to school, or have child care issues. Or they had to move back with the 'rents, or worse, they're homeless and no one hires someone that doesn't have an address.

Also, there's a little issue of immigration/seasonal labor that was impacted by TFG's racist immigration policy.

People want to work where 1) They're appreciated and 2) where they make enough to pay the necessary bills and live in a safe, reasonably comfortable home, be it an apartment or house.
And not in that order.

Haele

[Marius25]

13. Don't forget for that $8.00 they also risk exposure to Covid

and risk being punched in the face for asking for vaccine status or requesting people put on masks.

[DBoon]

9. in other words, "tea time's over ...

... back on your heads"

What? You don't want to work in Hell anymore?

[Marius25]

12. This sounds like a good reason to not go back to work.

Screw Cohn, and screw the bottom line of corporations.

[Hekate]

15. A whole system broke down regarding childcare from preschool through middle school...

If experts like this jerk want all the womenfolk to start showing up at their paying jobs, first address the issue of what to do with their babies, toddlers, and school-age kids.

No? Because he probably thinks that’s “just a women’s issue.” When someone outside the Biden administration opens their comments on the “shortage” of labor by discussing after-school programs and preschools, I will consider taking their opinion seriously.

Absent that, I think they are simply not in touch with reality.

[SWBTATTReg]

17. Well, you passed the 2017 tax cut and jobs bills, and so my question is, where are the good paying

jobs that you supposedly promised? You didn't deliver, and what's more, you delivered on 1/2 of the worst part of this bill, cut taxes for those who didn't need tax cuts, thus ballooning the federal deficit to outrageous amounts during the rump admin., to over 6 trillion dollars in unpaid spending that you dumped on everyone else but yourselves.

A true scumbag if you ask me. And just how are you going to force people back to work? Offer better wages...of course not. The markets are already reacting w/o your say so, and is indeed, starting to offer better paying jobs in order to get people back into the workforce, without your f**king opinion. What are you going to do, throw people in jail?

Scumbag. By the way, I do have two Economics degrees so I do speak w/ a tiny bit of authority here...the 2017 tax cut and jobs bill is a one sided bill that clearly shows the disadvantages of putting into law such a lopsided bill into law. Only the 1%ers really were the winners and no one else, and now you all are griping and moaning about the long term effects that you caused (besides the COVID issue, which forced a lot of these labor issues into play today, and is forcing (finally!) higher pay that workers deserve (and one that republicans would NOT pass or give workers).

[durablend]

19. 7.25 an hour at Dollar Tree

The people are LINED UP filling out applications