Posted on 09/27/2009 7:20:15 AM PDT by george76
The unemployment rate for young Americans has exploded to 52.2 percent -- a post-World War II high, according to the Labor Dept. -- meaning millions of Americans are staring at the likelihood that their lifetime earning potential will be diminished and, combined with the predicted slow economic recovery, their transition into productive members of society could be put on hold for an extended period of time.
And worse, without a clear economic recovery plan aimed at creating entry-level jobs, the odds of many of these young adults -- aged 16 to 24, excluding students -- getting a job and moving out of their parents' houses are long. Young workers have been among the hardest hit during the current recession -- in which a total of 9.5 million jobs have been lost.
Al Angrisani, the former assistant Labor Department secretary under President Reagan, doesn't see a turnaround in the jobs picture for entry-level workers and places the blame squarely on the Obama administration and the construction of its stimulus bill.
"There is no assistance provided for the development of job growth through small businesses, which create 70 percent of the jobs in the country," Angrisani said in an interview last week. "All those [unemployed young people] should be getting hired by small businesses."
There are six million small businesses in the country, those that employ less than 100 people, and a jobs stimulus bill should include tax credits to give incentives to those businesses to hire people,
Angrisani said he believes that Obama's economic team, led by Larry Summers, has a blind spot for small business because no senior member of the team -- dominated by academics and veterans of big business -- has ever started and grown a business.
(Excerpt) Read more at nypost.com ...
Because some of the little American prima donnas think that job isn't good enough for them. Parents bought them a new car they couldn't afford and we can't have 'friends' thinking they aren't 'rich'.
I worked from the age of seventeen as well as going to school full time. I didn't care what kind of job it was. I still love to work. I would be lost if I didn't have something to do and had to stay home.
We have a neighbor whose daughter (late twenties) and still hasn't worked a day in her life. They all buy new cars as if the car stopped working after a year.
I hear you. Go with the memory, it’s probably happier if not more accurate. :)
OREGON Basic Minimum Rate (per hour) $8.40
HA !
“THEY should carve out $100 billion right now and create something like $5,000 to $6,000 job credits that would drive the hiring of young, idled workers by small business.”
BAILOUT !
I totally agree with you. There have been about 6 or 8 houses reroofed on my street in the last couple of years. The company with the Hispanics far outshines any other ones. These houses have roofs that are 30 to 40 squares in size. They are all torn off and reroofed in one day.
And frankly, I would rather have some Hispanics serve me at McDonalds that some smart mouth teenager with an I don’t care attitude.
Totally agree! I’ve worked since I was 15 years old and wouldn’t have it any other way.
BZZT! Wrong answer.
Simple solution: Eliminate ALL mandated wage requirements and leave the negotiation of wages to the employer and employee.
Just read that Obama wants to extend the school year and/or school hours.
Before they force kids to sit for even longer in failed schools, they need to fix the problem!
No school vouchers = no competition
monopoly = strong teachers union
teaching political correctness instead of a real education = failed schools
D.C. and Chicago have 50% - 75% drop out rates, but they spend almost twice the national average per student! California has the highest paid teachers and the 2nd WORST test scores!!
More money or time in school is not what is needed! COMPETITION between schools is what is needed. Teacher pay and job stability based on merit, not on longevity is what is needed. Get rid of the teacher’s union! Get the Fed Gov’t out of the classroom!!
Read: “Against School” which was written by an NYC Teacher of the Year
It will break your heart to read how our system is robbing our children of an education that would actually improve their lives... our children are being used as pawns to increase the power of politicians and unions.
http://www.wesjones.com/gatto1.htm
Then, watch: How To Brainwash A Nation
http://www.youtube.com/watch?v=zeMZGGQ0ERk
Yuri Bezmenov is an ex-KGB agent that gave interviews/lectures in the 1980’s where he described in detail how Marxism/Leninism was being disseminated in U.S. public schools through a process called “Ideological Subversion”. It describes to a tee what has happened to America over the last 40 - 50 years.
Also, read the American Thinker article: From Russia With No Love
It is an excellent article about the 4 stages of Ideological Subversion. You will recognize all of the tactics... they are being used against us every day.
From Russia With No Love: http://www.americanthinker.com/2009/08/from_russia_with_no_love.html
No factories.
To All:
“Cheap stuff is a lot more expensive than we think it is.”
Quote of our lifetime!!!
Short and sweet!!!
Maybe not so sweet ;-)
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