Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Friday, March 9, 2012

Job Growth In New York City Is Blowing Everyone's Mind

Article From Business Insider

We're back!!
Get them credit cards out, happy days are here.

Oh Yeah...

Vote for Obama.

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"The tourism here is mind blowing. I am in NYC and we are flooded w tourists, which is a good thing."

Illegal aliens are not tourists. :)

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I have been all over the united states and have seen a lot of places worth visiting, but I would not list new york city in the top 10,000.

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Most likely the weak dollar. I’ve been following the Australian dollar and it’s currently worth $1.05 US. When I was there it was $1US was worth $2 Aus dollar. No one was coming to the US because it cost them double. Now the opposite is true.

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More people actively looking for work I'd guess.

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This is more liberal media lies.Seasonably adjusted are not real jobs.That's a government trick.
There are no good jobs. Real unemployment is over 20%.All governments are collapsing under massive debt. Almost 50% of Americans on foodstamps or other government assistance and still no good jobs with all this borrowing of money pumped into the economy.

Obama added 5 trillion more in debt, state and local governments also trillions more in debt, U.S. 17 trillion debt, 125 trillion in unfunded liabilities, massive consumer debt. Any of these liberal media reporters think this won't lead to collapse?

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There’s always good paying jobs in NYC for whores, pimps, drug pushers, gang bangers, crooked cops, on-the-take city inspectors, union leaders and city council members. You can easily knock down a minimum of $300,000 per year. If they don’t pay enough, and you want REAL money, just start telling people that you’re a ‘certified’ preacher and get a gig like Rev. Al.

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NYC still has it’s mystique to foreign tourists.

That mystique usually dissipates somewhat after they are relieved of a couple thousand dollars and they only have a T-shirt to show for it.

It generates cash for some business, but those on the front-lines of the tourist industry don’t make nearly enough to live in NYC without some other source of income.

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My daughter who goes to college in NYC works part time as a greeter ($30.00/hour, it’s sort of a modeling/living mannequin type gig) at the Fifth Avenue Flagship Hollister store in Manhattan says the clientele with money to spend are largely the foreign tourists - often Asians. She is grateful she has the job as she is (mostly) paying her own way through college and works hard so she is thankful for these tourists. The store would be struggling without them.

Let’s hope the Occupiers don’t come back this summer and kill all tourism. Even for those who don’t have much use for NYC - it would be a sad day if it turned into a Detroit or other failed city because it does have a lot to offer.


-- There's so much derp in this. Occupy movement killing tourism? New York on the verge of becoming Detroit? Someone working their way through college on a part time job?

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A lot of companies have been downsizing and re-centralizing - cutting, say, 2,000 white collar jobs around the country but moving another 1,000 back to their headquarters in New York and the surrounding areas. It's not surprising New York would actually be getting economically stronger, in spite of the city and state governments' best efforts.
New York will hang on longer than most other cities when the real crisis comes.

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NYC has so much to offer - we live upstate in the Hudson River Valley - I wish NY and NYC weren’t so liberal!

Tuesday, February 14, 2012

Why Are Record Numbers Of Young Adults Jobless And/Or Living At Home With Mom And Dad?

Summary: In the United States today, unemployment among those age 18 to age 34 is at epidemic levels and the number of young adults that are now living at home with Mom and Dad is at an all-time high. So why are so many of our young adults jobless? Why are record numbers of them unable or unwilling to move out on their own?

There were a variety of reactions, so I added in a bit of everything.

Comments:

The recession has only given “parents” and their child adults an excuse. They were alreayd headed down that path years before.

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I’ll tell you exactly what their problem is: unlike every previous generation in this nation’s history, They. Refuse. To. Be. Poor. Not for a minute.

They won’t live in crappy apartments when their old bedroom is available.

They won’t drive a beater; why should they? They don’t pay rent. They can swing the payment for a brand-new Beemer, at least for a while.

They all have iPhones. People trying to save money for a down payment on a home should give up the iPhones and save a hundred bucks a month.

I don’t feel sorry for them. They refuse to go through the stage we all had to go through, that of post-nest poverty. They were raised to be entitled a-holes, and that’s exactly what they are.

What they’re facing is no more than every generation has faced. Did the children of the Depression buy cars they couldn’t afford? Did they give up the idea of marriage and children? No. They made do. They took any job they could get. Good luck offering a job picking fruit to someone with a journalism degree.

No “making do” for these entitled darlings. Oh, and get ready to pay back their student loans for them. That’s coming.

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This is the FACTION the Republicans must strip away from the Democrats.
All they have to do is say "We will fix this first".

The Obamistas still deny the Great Obama Recession is the Great Obama Depression for young people. In fact, the Obots think they can "buy" these young people with promises of free condoms.

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Yeah, but let’s not forget that it is these very same “young people” that VOTED FOR ALL THIS HOPE AND CHANGE. They have nobody to blame except the person in the mirror.

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The minimum wage is the fundamental cause. It prices entry-level workers out of the job market. In order to climb the ladder, you have to get on the first rung, and the minimum wage thwarts that.
The minimum wage was invented to do one thing; protect white unionized construction workers from competition from black, non-unionized construction workers, who were paid less (blacks were banned from union membership during the 1930s).

The year the minimum wage law went into effect was the last year the unemployment rate of blacks was lower than that for whites.

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My youngest daughter graduated from college in December of 2009. She took a lot of honors classes and college credit courses in high school, and then worked her tail off again to graduate within 3 1/2 years from college. She also worked as an RA for two years which really helped with our college costs and hers. She got out, put together her resume, sent out hundreds of copies. Got zero response.
After that disappointment and looking at the state of our economy, she used some of the student loan that was left over to get herself certified to teach overseas and then started that job search (also took an immersion Japanese language course). Finally, in February of 2011 she was offered a job in Japan and is now residing there and teaching English.

She was living at home, but she really was ready to be out and working and living in an apartment of her own. But, there simply were no jobs available.

She is thinking of staying overseas for another year. I believe she is hoping that Zero will be voted out of office and she can come back and get a job in the U.S. It has been a sobering experience for her, and while she was living at home waiting for some news on her job applications, she started reading Ayn Rand. So Zero ended up making her something of a libertarian.

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“Why Are Record Numbers Of Young Adults Jobless And Living At Home With Mom And Dad?”

WELL DUH....
Young people committed ECONOMIC SUICIDE by voting for Democrats in 2006, and Obama in 2008.

some lessons have to be learned the hard way, like my generation learned under Carter, to cut through the MSM bulls***t.

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Because they are getting free Bammy money to go to school.

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It’s not intelligence, we as a race - are no dumber now than what we were in the 30-60’s. What has changed? Well, there used to be 18 yr old getting married, buying a car, working a job and affording a home. Why, many owned a home, a car and were starting a family while they were in their early 20’s. Why?

Taxes and Gov’t. Used to be a time when a young person could earn enough to work, while his wife stayed home and took care of housework and raising a family. He could earn a comfortable wage, provide for his family, his retirement, live in a decent home, and live comfortably. What was his tax rate? What Gov’t assistance programs were available? It was a time of personal responsibility and honest work.

Today, how many 20-somethings do you know who own their home and are embarking on a family with a stay-at-home wife? Back then, a reasonable house was approximately equal to ~2-4x their annual salary. Today, what is the cost of a home compared to a couple’s annual salary? Now, of that annual salary - how much do they get to keep versus 40 yrs ago?

Now, look at the business environment. Never before have we had so many businesses failing, off-shoring and layoffs. I remember when IBM announced layoffs in the late 70’s. The first to go were Sr. Managment; they got the company in that shape to start with. That is exactly the opposite way things work today.

The kids aren’t dumber, it’s not lack of educational opportunties - it’s a variety of reasons, and all of them are out of the ability for the ordinary person to control.

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"I have a 25 year old and a 19 year old living at home with little to no prospects."

Why is that? Do they have educations? Are they too fussy? Are there NO jobs of any kind in your vicinity?
I just popped into Career Builder, put in my ZIP code and found well over 500 local openings.
Then I went to the NY Job Bank and found over 500 openings in my area.
In my 35+ years of working, I was laid off three times and it was a full time job getting hired again.

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...most high school graduates these days are simply not prepared to function at even a very basic level in our society....

In addition, most high school students are not prepared to function in high school because they have not been properly prepared by mommy and daddy.

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Our younger son was of the conservative/libertarian mindset like his mom and I. Then he went to Berkeley and became a liberal.

When he realized that his Anthropology degree wasn’t worth the paper it’s stamped on, he began to come around again. Still not completely back yet, but he doesn’t like Obama. He agrees with me that Hussein is a fascist dictator. So there is hope.

He’s been out of the house for two years now. We occasionally help him out financially, but we definitely aren’t carrying him.


-- My son became a hippie in SoCal and couldn't get a job with his degree in Anthro! Luckily he realizes THIS IS ALL FARTBAMA'S FAULT

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I think some of it is a consequence(intended or not) of the sexual revolution, feminism and homosexualism. In a previous era, young males were encouraged and required to become a man and being a man meant get a job and become self-supporting so you could get married and support a wife who could stay at home and raise the children. When the incentives for that were taken away and masculine men were seen as something bad that our society did not want our sons to turn into, it encouraged this idea for males to stay perpetual little boys forever with no incentive to mature. And of course without men for women to marry, it affected females as well since a major change for one sex always affects the other sex too.

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This era is defined by having no self-worth, integrity and no compuncture to take responsibility for yourself. Just take a look at who our culture idolizes(the usual Hollyweird folks) and who this age group elected to the White House. Didn’t Obama and Nancy Pelosi pass legislation that children could stay on their parents’ insurance till they were 26?

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Sorry to hear your children are without gainful jobs. However, some part of me wishes that I had a house big enough to hold all my children and grandkids. I’d especially love to counteract the grand girls’ education indoctrination on a daily basis.

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My son is 24 and took 5 months out of college to get a full time job. He is never late to the job and calls in sick only when he's really sick. He got a terrific first review appraisal. He banks almost his entire pay check, He doesn't drink , smoke or do drugs. His only vice is buying movies on DVD.

He helps around the house and is never intrusive. Why should I tell him to move out and pay another person's mortgage with his rent money when in a few years he'll be able to afford the down payment on his own place?

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I find the condescending comments on this site against young people beyond absurd and ignorant. Yes there are some lazy slackers, but many are hard working people using the time to pay down debt, get some savings, and wait out this mess.

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The job market for young people is poor.

However, I simply can’t understand why so many young people are content to live at home.

I moved out at 17 and never looked back, even when times got tough. Lived with roomates, worked odd jobs - whatever it took. But NO WAY was I moving back in with the rents.

For some reason, this generation lacks that drive.

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Just got my youngest of two out the door and set up on her own. I, however, see the inevitable looming as both are in jobs that will soon tank. They'll be back. Both are industrious and hard working. Both voted enthusiastically for Obama, and now openly express buyer's remorse at every opportunity. Be that as it may, blood is thicker than water. As Mark Twain once famously said, "Home is the one place in this world where they have to let you in when you come knocking."

Friday, January 13, 2012

Obama proposes closing Commerce Department, merge agencies

I couldn't wait to see how the Freepers would react to this one. By the way, there are two articles that I'm quoting from, and the other one's title is: "Obama seeks power to merge agencies (The Communist Dictator wants more powers)"

Summary: President Barack Obama will ask Congress on Friday for authority to close the Commerce Department and create a new export agency, an overhaul that could save US$3-billion and help inoculate him against Republican election-year charges that he is a big-government liberal.

Pulling more departments into his spider’s web of control. If/When he ever leaves office, his (Soro’s and Ayer’s) minions will be able to carry on with their quest.

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Room for another new uncountable CZAR!

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touted...saving 3 billion over ten years, meanwhile our interest alone on debt is 4.5 billion a day

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Well, I agree with closing Commerce, Education, Energy and numerous other departments, but I do not trust this President.
Consequently, I need to wait for analysis of this typical Friday afternoon news / document dump.

Having said that, I am extremely wary of anything this man does.

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I think everyone's skepticism is wellfounded. There is nothing in this clown's DNA that would even allow him to think about reducing anything gubbermint does. If he is allowed to merge these other agencies with Commerce it may look good on paper but the end result will be a large increase in bureaucrats. Count on it. This is a cynical head fake, nothing more. But the stupidoes in the Boehner -McConnell branch of the gop will probably suck it down after a few hems and haws.

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Wesley Mouch: "I MUST HAVE MORE POWER!"

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It's a power grab move, that's all. It has nothing to do with “streamlining” the Government, it has everything to do with consolidating control of Government.

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Good idea bad execution.
It would be better if congress wrote legislation to that effect and 0 would have to sign it.
Do not hand power to 0, he will propose something blatantly leftist, like create a whole new super-agency under one of his nutjob consumer advocacy environmentalist czars, and then blame the Republicans for obstructing his gov't reduction efforts.


---Yeah, don't give power to the president, guys. God knows what he'd do... if he had power.

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"Most of us know what this Soros backed communist is up to. So far he is Hitler lite. The rest of this year will see him try to gain full power. God help us all."

Absolutely spot on! 0bozo reminds me most of Mussolini but he isn’t exactly like any previous dictator. But this isn’t Europe, Africa or Eur-Asia either. I think the resistance here will be a little different.

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Obama is a nationalist-socialist: a fascist.He is a black power/ethnic minority nationalist who seeks to destroy America as a melting pot, white majority society. He is a socialist because he means to destroy the wealthy class, tax them and their income sources out of existence, destroy conservative culture, destroy conservative politics and destroy conservative capitalist economy. Then fascist Obama will build his cultural mosaic fascist society where only those who get the Obama approval can acumulate wealth in society, we already see this in GE and in the health care waivers, for example.
This distinction we NEED to know in order to defeat Obama and his movement. Fascists are defeated by truth ( no spin on facts), exposure ( publication in the press)and ridicule ( disempowerment through ridicule in public.), the formula taught by WInston Churchill.

We either do this now for the Nov. election,or we will be fighting with guns in the streets to destroy the Obama movement. Communism has the ideology of equality of wealth which Obama and his running dogs do not have,fighting him as a communist will not work, and the Unions are being used by Obama, as they may soon find out.The Unions can be turned against Obama very easily by revealing the facts about Obama and his fascist movement

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"We either this now for the Nov. election,or we will be fighting with guns in the streets for" ... our very lives.

Saturday, August 20, 2011

66 Percent of CEOs Plan to Freeze or Downsize Workforce Size

Article from this very reliable looking website: CEOs Plan To Freeze Or Downsize

Tax uncertainty, regulations, restrictions and anti-business policies take a lot of work. The Cretin-in Chief needs to relax.

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Obama policies leave them strangled. They have no choice but to cancel new jobs.

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His plan is the destruction of the United States. Count on it. This guy has to be removed from office so this country and its people can start putting things back on the road to prosperity. I don’t believe we can wait until the next election. Congress needs to stand up and say enough. Even Democrats are beginning to see what this President is doing. It has to stop and stop now.

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Don’t you see that it’s the evil corporations and rich people (150,000+) that are doing this!! Oh....and lack of Health Care!.....Oh.....and Global Smarming!......and.....RACISM!

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Thank you, Obamacare.....

Aren’t you glad Democrats in Congress didn’t bother reading the bill, before passing it?

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Once the stock market started to tank from mid-July on, I knew bad things were going to happen.

Indeed, right now just in the USA companies are now sitting on US$2 TRILLION in liquid assets and not using them, out of fear of the declining economy and paying for increasing government regulations/mandates from the Obama Administration. I think there is increasing fear we could see a repeat of what FDR did--force private holders of precious metals to give up coins and bullion blocks but go one step further: seize a large fraction of the companies' liquid asset holdings, essentially centralizing control of the US economy altogether.

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Altogether now: The tax rates in Feb 2012 will be?

Crickets? Do I hear crickets?

There’s your problem, Zero. Nobody has the slightest idea what kind of unholy Hell you’re plotting next. And that’s why your next job will be in the Twilight Zone.

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From what I understand, 70% of corporate political donations (and I would venture to say the same percentage of CEO's) went to demoRAT in 2008's elections, especially to 0dumb0 the commie pig candidate at the time.

I work for a large multi-national corporation and our CEO was just slobbering over 0dumb0 during the 2008 election timeframe and especially during the "heady" first 6-7 months of 0bumb0 slamming his trillion dollar programs through Congress with complicity of demoRAT socialists, and racking up a record $4 trillion deficits in his first 24 months

Personally I would love to take the 70% CEO's and their top execs who voted for 0dumb0, into separate rooms, and just beat the living sh_t right out of them for being so stupid to contribute financially and put this unaccomplished, radical, commie pig into the highest office of the greatest nation in the history of the world.

Another personal opinion, I would bet that most of the 70% CEO's who supported 0dumb0 in 2008, will do so again in a heartbeat in 2012.

These CEOs are immoral, unprincipled, devious, deceptive & greedy, and have no personal moral convictions or standards, other than their own privileged hedonistic lifestyles. They contribute more money to demoRATs including 0dumb0, because they take advantage of the Pay to Play game.

Tuesday, July 26, 2011

Obama responds to GOP plan (9pm ET/6pm PT)

Won’t be watching...

He has been in our faces since the day he started running for President and hasn’t let up. ENOUGH is ENOUGH!

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How many more times this week will this jug eared imbecile take to the airways?

He and the no class wife are an embarrassment.

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I shut if off after 30 seconds.

why blame Bush... why can’t you take responsibility?

it’s over. Carter II.

lame duck President

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" trillions were spent on tax cuts " ???

Didn't take ten seconds for him to start lying!!

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Hey Bonehead; it doesn’t speak well when this skinny crack-head lauds being able to work with you and the Gobbler!

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Watching on "mute." He looks "off" tonight.

He's slipping between angry expressions and "I'm going to bust up with laughter."

Oh look it's the "chop-chop" hand motion.

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I WANT YOUR PAYCHECK - Pres Obummer

It's all commie mommie and daddie taught him...marxism. He HATES anyone that has achieved in America...

Now he's quoting Reagan...he has no shame, none whatsoever.

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Don’t forget “Unprecedented”..he can’t help himself,,that’s one of those multisyllabic “I’m so damned smart” sounding words....

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His shirt is wrinkled and that’s not one of his best ties.

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I’m fed up with you and your minions. YOU are the circus. I’m offended by YOU. I didn’t vote for an ineligible POTUS. Yes, we can solve this probem - We can impeach your ash and hit the reset button.

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I’m really fed up with his fast talking jive.

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already 18 mins.

He is Hugo Chavez.

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Oblidiot is looking like a ticked off 4 year old. got the whole chop chop thing going too.

Hey Obama, we sent the tea party to DC to STOP YOU AND YOUR FOLLOWERS, and if that meant gridlock, that is BETTER than the crap you Nancy and Harry shoved down our throats. People aren;t coming home bone tired you asshat, they are UNEMPLOYED because of YOUR politics and policies. So SCREW YOU Oblidiot. This is YOUR fault and I for one am going to ENJOY forcing your stupid arab a$$ to veto the ONLY bill that has been written, and it was written by the GOP because you democrats DON’T KNOW HOW to write decent legislation that favors the American people instead of the bastards in DC. We are watching you Oblidiot, and we are going to watch you sign OUR legislation.

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Rpublicanssssssssssssss. Using his snake voice.

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Watching him walk down the hall I swear I heard “Moving On Up.”

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Obama had 15 minutes to rant and ramble. Boehner got 5. Boehner focused on jobs and wild spending. No sense stooping to Obama's level. Boehner has surrogates to do that.

Obama's sidelined. That's why he's out there. He's got no new plan of his own. He's just whining, on the same broken record of "balanced approach," "shared sacrifice," scaring the sick & elderly, threatening markets, etc. He's gone stale.

The topic came up Monday evening and I was surprised to hear two 2008 Obama voters express they are sick of seeing him on their TVs and another outright say the "no Social Security checks" threat was a lie and it's just SS being used as a pawn.

Unfortunately memories are short and the election still 469 days away.

Friday, May 27, 2011

Unemployment is the new norm

Summary: “Even as the economy recovers, the days of 5% unemployment may be gone for good."


Of course. A "new norm" to cover for the failure of Keynesian based Obamanomics.

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B.S. Make me president with a Republican House and Senate and I would have unemployment down to 7% and possibly 6% by the end of my term.

How? By using government to encourage growth rather than punishing growth, by cutting and streamlining taxes and by taking steps to bring jobs back to the U.S. that have fled the country. But it would not work with the same anti-business Democrats controlling one chamber of Congress so my promise would only be good if you give me GOP majorities in both chambers.

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We are hiring at my work and we’re having a tough time filling positions. But we’re seeking people with skills. Many of the unemployed today are unskilled.

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Remember the dimrats and their press howling about 5% unemployment under GW Bush?

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Lower the corporate tax rate from the highest in the world at 35% to 0%.

That will cause foreign companies to set up their factories and offices in this country to avoid paying the higher taxes in their own countries. It's reversing the phenomenon that caused American companies to move jobs overseas.

But you need republicans in the White House and the congress to do it because it's against Marxist principles to do such a thing.