So how is employment an Obama problem?

Discussion in 'Politics' started by shintao, Oct 27, 2010.

  1. shintao
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    Who’s Sitting On $1 Trillion In Cash

    As economic recovery lags, companies see few reasons to spend
    October 27, 2010 | By Paul Ausick

    It’s common knowledge that U.S. companies are sitting on a large pile of cash. Moody’s estimates that pile to be worth $1 trillion. It must be a comfortable place to sit, too, because there seems little enthusiasm for whittling the size of the pile down.

    Economic Recovery Lags And Companies Aren't Spending | InvestorPlace
     
  2. loosecannon
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    loosecannon Senior Member

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    Obama kind of made it his problem when he promised that if the stimulus was passed unemployment would remain below 8%.

    Remember Obama was only elected in the first place because the economy tanked on the eve of the election.

    Live by the recession, die by the recession.
     
  3. Mini 14
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    Mini 14 Senior Member

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    It isn't.

    UNemployment is another story for the Bastard in Chief.
     
  4. shintao
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    And the Trillion dollars sitting idle in corporate hands? Are you getting the big picture here?:lol:
     
  5. Oddball
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    Oddball BANNED Supporting Member

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    Ever ask yourself why they're sitting on those resources?

    Didn't think so.
     
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  6. del
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    del BANNED

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    probably for the same reasons i'm holding onto mine.
     
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  7. shintao
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    Oh, yeah I did. You see I know by making less, they can sell less for more as an item become scarce in a capitalist market, and make a bigger profit. And if there is a complaint to making less, the government will subsidize their sorry asses and give them bonuses for hiring.
     
  8. The T
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    The T George S. Patton Party Supporting Member

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    Oddball? They don't have the propensity to ask themselves such questions. It is out of the realm of their knowledge, and curiosity...you're asking too much of thier simple minds...go easy dude...

    :eusa_whistle::cool:
     
  9. shintao
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    I am into land investment, so I am spending mine.
     
  10. The T
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    The T George S. Patton Party Supporting Member

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    "Translation: "I cannot make it out there on my own...and cannot compete therefore I have to have Government come in and fuck it all up for everyone..."

    Don't you know SHITHEAD that is how business is born? I suppose that you HATE competiton...

    You have a limited view, and limited history knowledge.
     

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