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Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts
Tuesday, December 21, 2010
What's the Unemployment Forecast? Two More Years of 'John Galt' Winter.
0 comments Posted by kotang at 4:01 AMThis article, written by a small manufacturing businessman who lives in the Midwest, published in Pajamas Media's blog, is the best damned read I've read in a fortnight.
Wondering why we aren't recovering economically? Why we are still mired in a long-running unemployment downturn with very little effort or desire to rehire and expand businesses? Jeff Pope 'splains things to you...
Who is John Galt, you ask?
We are all John Galt.
Wondering why we aren't recovering economically? Why we are still mired in a long-running unemployment downturn with very little effort or desire to rehire and expand businesses? Jeff Pope 'splains things to you...
So we have a real problem. Businesses are reluctant to hire due to two hard years behind and concern about the future policies of an ideologically driven government that is clearly not pro-business ahead. Business conditions in 2010 are a little better than 2009, but nowhere near the prior levels that might encourage a more aggressive view. The three major forces in policymaking, President Obama, Harry Reid, and Nancy Pelosi, continue to hold office and make no secret that they desire to advance their agenda with or without regard to the Constitution. They and their anti-business orientation will remain in place for at least two more years. On the other side of the aisle, most of the senior Republicans who were so ineffective over the past decade will retain the same ability to compromise away government restraint for the next two years. The November elections may have helped the situation, but the Republicans have a long, long way to go to prove they are up to the generational level change it will take to turn things around. Worse, it is becoming easier to accept the possibility that the corruption between all the special interests, including corporate, and government is just too firmly entrenched and too lucrative to break apart at all. If that is true, nothing changes until an ultimate collapse.Read the whole thing.
What to do? Stay locked down, very conservative, and prepared for at least two more years wandering in the employment desert.
Who is John Galt, you ask?
We are all John Galt.
Wednesday, August 18, 2010
Want to watch a cancer spread across the nation? Watch this little video that plots the unemployment rate since January 2007. Based on real Department of Labor statistics.
According to the U.S. Department of Labor's Bureau of Labor Statistics, there are nearly 31 million people currently unemployed -- that's including those involuntarily working parttime and those who want a job, but have given up on trying to find one. In the face of the worst economic upheaval since the Great Depression, millions of Americans are hurting. "The Decline: The Geography of a Recession," as created by labor writer LaToya Egwuekwe, serves as a vivid representation of just how much. Watch the deteriorating transformation of the U.S. economy from January 2007 -- approximately one year before the start of the recession -- to the most recent unemployment data available today. Original link: www.latoyaegwuekwe.com/geographyofarecession.html. For more information, email latoya.egwuekwe@yahoo.com
If you still have a job, good for you! There's a good chance you won't have a job in a year or two.
This will not turn around until we can wrest this nation's politics away from the dirtiest socialists. Whilst BHO is still in office, don't expect a turnaround.
Even when schools get monies to hire new teachers, they aren't. Like many corporations, there's a wait-and-see-and-hope plan. Money is being squirreled away. Hiring is non-existent amongst those who have the ability to hire. Only Government jobs are created.
What to do? Stay focused on November. Cogent commentary...
The monster State is finished. We can take it apart now, or be crushed beneath its weight when it collapses. I think those shocking generic-candidate polls, and the vast shift in the electorate they describe, are due to the growing awareness of those alternatives.
The gathering thunder of a revolution is always a little scary. We will not falter.
The “hope and change” promised last time was a lie. There was no “change,” just a heavy foot on the gas pedal of a very old machine that was already coming apart at the seams. Now that all its tires are blown, and we’re headed for a cliff… surprise! The very same people instruct us that the correct attitude is hopelessness. Well, “hope” is a prayer for rescue, offered by the powerless. Only faith in ourselves can give us the courage to welcome an uncontrolled future, as the canvas where we will paint our achievements. It also provides armor against distraction, and intimidation, which is why the Left is wasting its time by trying to rewrite the story of November 2010 in advance.
So, hang in there if you can. Good luck, really. Remember in November.
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