There are no jobs because that is the plan.
All dirt, no shovels.
http://www.truth-out.org/silent-liquidity-squeeze/1310652572
Ask the 40 million illegal immigrants. The families I see all seem to be working.
We are so stupid in this country.
zero president, zero jobs.
Krugman and the other DU types call this the ‘confidence fairy’. They actually believe this is a big bunch of bull and businesses don’t really care about the potential economic climate going south due to extreme government nonsense. Bunch of lunatics.
In his testimony before congress in June, Bernanke inicated that he was puzzled by the slow growth of employment in the country. This was, of course, a political dodge as the Chairman is a very smart man. He could not bring himself to use the phrase that puts the blame squarely where it belongs. A truthful and intellectually honest reponse would have gone as follows...”Sirs, the Fed has done everything it can possibly do with monetary policy. It will never be enough to overcome the ‘regime uncertainty’ that permeates every aspect of our economy. This, and the criminal fecklessness of our fiscal policy has killed any hope for growth.”
Obama is pro-labor union and could care less about the individual workers except for their money and votes.
Obamanomics has to go. He is injecting too much risk here and abroad. His strategy of supporting the muslim brotherhood against Israel has put the whole mid east on a new war trajectory. This effects global business and returns as the risk is factored in to the costs of the goods.
We see it in every market place right down to commodities.
Here? employers , potential employers, investors and the private sector have put out their gone fishing sign until the phenomena in the White House passes.
The problem is not in economics, its the philosophy, the e-manure from the Out House parked at the White House.
Labor unions and the minimum wage are job killers.
Kenyan Marxist in the White House.
If you got it now, it will be taken away.
If you don’t got it, 0bummer gonna spread the wealth around.
Why work anyway?
Easy answer: 20 years of systematic dismantling of the great American industrial base in order to make insane profits for Wall St. and promote the international communists/globalist vision of one world at the same economic level with them in charge. When you don’t build anything and only recycle ponzi scheme money to keep people employed you have basically allowed the short term thinking or greed and stupidity to trump the long term strategy of economic health and longevity.
GATT/NAFTA/WTO is just another way for them to turn the American public into but yet another cheap pool of easy-to-exploit labor. Compound this with the age of automation and we are looking at very hard times for very long times unless we put to death the myth of global/free/fair trade.
long time passing!
where have all the jobs gone?
long time ago!
where have all the jobs gone?
scared of Obama, every one!
when will we ever learn?
when will we ever learn?
— with semi apologies to some hippies
0bamageddon
“Where are all the new jobs?”
In Texas.
I can tell you why. As an owner of a small manufacturing company I had to let employees go as the post Obama “Shock and Awe” attack against private American businesses decimated our sales in the first year of his “presidency.”
One of the things never talked about is the cost of unemployment insurance rates(both state and federal) based strictly upon gross payroll. The calculation is very simple...the greater your payroll, the greater the amount you pay. The more you lay off...the higher your rate.
The rate increases are INSTANT while the rate reductions (based on a long “experience” period) are reduced very slowly only if you don’t have to lay more off during that period. But if you do...the rate continues to climb and reset at the instant you fire or lay someone else off.
The cost is substantial. That is why when a business has to lay off to reduce costs to stay alive, they do not hire as a surge in business occurs. They simply work the current employees longer hours rather than employ new employees that would inflate both their bottom line payroll costs and the payments they make to the unemployment compensation funds. In Texas that would be 941, 940, and TWC costs.
I, along with many others, are simply waiting to see if: (1) we can bring the whole economy back (if possible) and (2)to outlast our current exorbitant unemployment rates.
There are other factors too but you will never hear one of the real reasons employers refrain from hiring during this depression.