I too was laid off after 15 years and agree the economy isn’t getting better it is being uplifted through job cuts, record profits due to said job cuts and then leadership “talking up” the state of the economy. The so called strength is fake and will be uncovered soon enough. Make no mistake this supposed recovery is smoke and mirrors. But I’m certain there will be cheerleaders come right along to correct you and I.
Other than rollback of regs which do help businesses, there's little else. Yet. But, with the energy sector leading the way, things will boom if congress gets off their arse.
In my area (northeastern NJ) nobody has any misconceptions about the economy - it is still horrible, and we haven’t hit bottom yet (in terms of the “Greater Depression”). When people tell me the soaring stock market is a sign of strong recovery, I respond that the best way for companies to up their stock prices is to shed American workers.
At this point the performance of the stock market and that of American workers are inversely related; ObamaCare is being kept alive to transfer health care costs from employers to taxpayers, and this is helping many companies’ bottom lines (and therefor stock price).
Go to comment 18. Not saying that person is a bag guy/girl. But, there’s more going on than meets the eye.
It’s all about stockholders/shareholders and rates of return. Not much about the guys turning wrenches, etc. Now I know what it feels to be someone that loses out to on Indian, here on an H1B Visa.
I’m not asking for sympathy, but things aren’t what they appear to be.