NYcarbineer
Diamond Member
Obama is definitely responsible for the worst record for unemployment. His insurance mandate has stalled the economy. If you review each state, you will find that half of the 18-64 age bracket is employed and the other half is not employed.
A few of the States, there are more unemployed than their are employed. We need at least 20 to 30 million new jobs, preferably in manufacturing and production to get us back on track. That doesn't appear remotely possible at the moment or in the near future.
Whereas I agree with you as it pertains to policy and how the current administration policies are hindering economic growth, I need to offer my sentiments as it pertains to overall job creation....
The recession actually opened the eyes of many employers. They found they were overstaffed to begin with.
Example.....
In 1995 a company had 50 employees broken down this way:
2 receptionists/clericals
8 exempt employees (managers/supervisors)
5 order processors
5 Warehouse/shipping and receiving personnel
30 machinists turning lathes and making product from stock
From 1995-2007 they never adjusted their staff size. They were prosperous and ...well.....you dont fix it if it aint broken.
However, during that time, they installed a new phone systemn with direct line voice mail; they installed a new inventory program (high tech) and they installed CNC and eliminated manual lathe turning.
Then the recession hit. Orders went down, and they laid off....
Gone is one receptionist
Gone are 3 warehouse personnel
Gone are 10 machinists
So in 2009, they now had 35 employees....and that staff met the decrease in demand.
Then demand increased again.....
But....
with direct line voice mail, they realized they do not need another receptionist
with the high tech inventory system, they dont need to rehire anyone else in the warehouse
With CNC lathes, each machinists puts out twice the prodcut they used to manually
So output increases, but the need for an increase in personnel is not there.
Unless we ENCOURAGE people to start new busineeses, I believe we will see 7.5% unemployment as the new normal.
That brings me back to policies.
Obam,a is not encouraging risk taking. Thats a problem.
What do you want Obama to do to encourage 'risk taking'?
Why is that encouragement important? Isn't demand for whatever goods and services a new company plans to provide the single most important factor in determining whether or not one should risk starting a business?