Greenspan's quote says it all....
But yet we can’t wait to get a new NWO President; Gingrich, Romney, Santorum, etc...
Greenspan's quote says it all....
1). Unions.
2). The minimum wage.
Abolish the minimum wage and make Right-to-Work the law and watch America's economy come roaring back to world dominance. There will be plenty of jobs once the government and labor goons get out of the way.
TAXES.....
Anyone who believed in “new jobs”, “green jobs”, or any of that other crap is too stupid to have a job.
Easy. BRACK 0BAMAO!
Check your Christmas gifts to see where the jobs have gone. Where is the ‘Perot’ who can hear the job sucking sound of government made free trade deals? He will get my vote.
More nonsense. Just as China's economy is vastly overestimated by Americans, so is China's military. I'm not claiming it isn't growing, but it is not capable of projecting Chinese power around the "planet".
And we have no idea how much they're spending on it anyway. Their government lies worse than ours.
No jobs? That IS the New Economy.
Unions drove wages up in this country + Companies moved to places where wages were lower = Fewer manufacturing jobs in this country.
2011 In Review 2012 Outlook
2011 should have settled once and for all the idea that government and the private sector are NOT a symbiotic relationship but rather a parasitic one.
2011 marked a year that the US economic growth trailed that of many 3rd world countries.
2011 saw for the first time people leaving the US for better opportunity elsewhere.
How does 2012 look?
Anyone who says it might be an improvement must not understand what caused 2011 to be so bad.
The reality is not so complicated. High taxes and excessive regulation were the culprits.
2012 promises to be as bad or worse in those areas.
So any investment strategies that assumes economic contraction and those running things really haven’t a clue would be wise.
As bad as things are I agree with those that said as soon as the current administration is officially a lame duck: “things will turn around so quick it will make your head spin” according to Michelle Bachmann.
Gingrich has said he doesn’t expect to see a turn around until election night and that is one thing I think he is right about.
Blaming the unions seems to me to be equivalent of the Left's irrational ranting that the Koch brothers are to blame for all the problems and then some.
There will be a 2011 report this month from BLS. Here's 2010.
[Start]
Highlights from the 2010 data:
--The union membership rate for public sector workers (36.2 percent) was substantially higher than the rate for private sector workers (6.9 percent). (See table 3.) [MOVE THE GOV'T JOBS TO RED CHINA INSTEAD! OK! We won't know the difference.]
--Workers in education, training, and library occupations had the highest unionization rate at 37.1 percent. (See table 3.)
--Black workers were more likely to be union members than were white, Asian, or Hispanic workers. (See table 1.)
--Among states, New York had the highest union membership rate (24.2 percent) and North Carolina had the lowest rate (3.2 percent). (See table 5.)
[End of quotes]
Lot of corporate profits in Red China. That's the reason.
Mean time American corporations stay here and foreign corporations MOVE HERE. How come they can make it? They have real managers perhaps? They know how to manage.
The only reason corporations give away their technology, know how, and intellectual property to our enemy Red China is for immediate benefits for the decision makers.
But when Deng's version of Lenin's New Economic Plan (NEP) ends and ALL the assets of foreign corporations are seized, the Western useful idiots kicked out with NOTHING! Don't go begging Congress for your TARP -- you ain't going to get it!
Plenty of jobs in China.