The Rich Love High Unemployment

"The unemployment crisis has been a godsend for America's superrich, who own the vast majority of financial assets - stocks, bonds, currency and commodities...

"America's labor market depression propels asset price appreciation. In the last two years, US corporate profits and share prices rose at the fastest pace in history - and the fastest in the G-7.

"Considering the source of profits, the soaring stock market appears less a beacon of prosperity than a reliable proxy for America's new misery index. Mark Whitehouse of The Wall Street Journal describes Obama's hamster wheel recovery:

"'From mid-2009 through the end of 2010, output per hour at U.S. nonfarm businesses rose 5.2% as companies found ways to squeeze more from their existing workers.

"'But the lion's share of that gain went to shareholders in the form of record profits, rather than to workers in the form of raises.

"'Hourly wages, adjusted for inflation, rose only 0.3%, according to the Labor Department. In other words, companies shared only 6% of productivity gains with their workers. That compares to 58% since records began in 1947.'"

"Out of work Americans deserve more than unemployment checks - they deserve dividends.

"The rich would never have recovered without them."

Why the Rich Love High Unemployment | Truthout

Of course they do, they love not having a demand for their products.

The rich love the fact their businesses are failing because no one has any money in their pocket...

They love the fact that the same money they're taxed goes right to government or welfare idiots that buy their products..

Businesses give money to the government, the government gives free money to the people, and the people spend the free money on the businesses that in turn gave the money away in the first place...

What a vicious damned circle, eh?
 
No, the rich dont like high unemployment. They like dirt cheap labor. Something for nothing.
The rich want the rest of us fighting for jobs at McDonalds.

The more applicants for each job the less in wages and benefits they have to pay.

Get ready for a repeal of minimum wage.

Anybody want to work 8 hours for one $20 bill(no taxes!)
 
I am disjointed with both parties. One gives everything away, the other wants me dead and hates me because I am not wealthy. Time for a third party... stick it to the american system...

I'm assuming you mean the right wants you dead, or are you a fetus?
Please explain why you think the right hates you and wants you dead. We simply want you to be responsible for your own life. We want you to reach your potential and contribute to society rather than sponging off those that do.
 
No, the rich dont like high unemployment. They like dirt cheap labor. Something for nothing.
The rich want the rest of us fighting for jobs at McDonalds.

The more applicants for each job the less in wages and benefits they have to pay.

Get ready for a repeal of minimum wage.

Anybody want to work 8 hours for one $20 bill(no taxes!)

You Statist IDIOTS got what you wanted when you chided GWB and others for "Hamburger Flipper Jobs"...You got your self-fufilling prophecy answered, didn't you? But you will continue on until NO ONE will be able to buy those burgers won't you?
 
i have never had a poor person employ me



ever

bingo...

Harley Davidson just moved its headquarters to singapore.


good for them

If I owned the company I would move out of the Democrat toilet that demonizes business, profits and punishes my successes that employ the masses and pay their bills, mortgages and healthcare


Fuck Democrat socialist scum



The USA is becoming Detriot



Because of Obama and socialist useless college stoners
 
No, the rich dont like high unemployment. They like dirt cheap labor. Something for nothing.

WRONG. They hire at what the free market will bear. IF you don't like what a JOB pays ACE? Don't take it. Individual CHOICE...what a concept...eh?
What "free" market are you talking about, Chief?

The one that's free of all regulation, or the one free of undue FIRE sector (Wall Street) influence?
 
If we could get everybody in the US to go along with not spending a cent for just one day, just one day, would that have an affect on the economy? A question for those of you experts? Makes me wonder.
How would it have any significant effect at all? You'll buy the day before your boycott to prepare and buy the day after to replace. Your 3 day average will be essentially unaffected.
 
"We want you to reach your potential and contribute to society rather than sponging off those that do."

I get the point but that is an overused line that makes me chuckle. The "We" is a bunch of BS. The fact is only a small percentage of people can actually save enough not to need some SS or medicare. One catastrophic illness should in NO WAY, NO WAY WHATSOEVER put someone into financial trouble. Something is very wrong with that.

I did contribute to society. I didnt sponge off anybody. Never collected unemployment. I did quit some jobs when my employers needed me most but that gave me a sense of pride as I quickly secured a much higher paying job and it put the bad employers in a bind which is what in my mind needed to happen. I saved enough to retire. I paid into SS and medicare. Now I get both. If that makes me a sponge then I PROUDLY wear the label. You want to get rid of SS and medicare and such? Fine, then give me back my cash, all of it, including some of my taxes that go for other stuff too like national defense. Cut that way down too. If we cut social programs then ALL programs, even the military, should be fair game.
 
i have never had a poor person employ me



ever

bingo...

Harley Davidson just moved its headquarters to singapore.


good for them

If I owned the company I would move out of the Democrat toilet that demonizes business, profits and punishes my successes that employ the masses and pay their bills, mortgages and healthcare


Fuck Democrat socialist scum



The USA is becoming Detriot



Because of Obama and socialist useless college stoners



I will never vote for a democrat again




ever







ever





Democrats create ghettos
 
No, the rich dont like high unemployment. They like dirt cheap labor. Something for nothing.

WRONG. They hire at what the free market will bear. IF you don't like what a JOB pays ACE? Don't take it. Individual CHOICE...what a concept...eh?
What "free" market are you talking about, Chief?

The one that's free of all regulation, or the one free of undue FIRE sector (Wall Street) influence?

And what makes this economy go? People BUYING things...and YES the PEOPLE are the final arbitor by their decision to engage in commerce or NOT.

Sorry...YOU assume too much, assign too much to the wrong people.

I just gave you the WORD on the FREE MARKET.

Let us SEE if YOU ignore it.
 
"The unemployment crisis has been a godsend for America's superrich, who own the vast majority of financial assets - stocks, bonds, currency and commodities...

"America's labor market depression propels asset price appreciation. In the last two years, US corporate profits and share prices rose at the fastest pace in history - and the fastest in the G-7.

"Considering the source of profits, the soaring stock market appears less a beacon of prosperity than a reliable proxy for America's new misery index. Mark Whitehouse of The Wall Street Journal describes Obama's hamster wheel recovery:

"'From mid-2009 through the end of 2010, output per hour at U.S. nonfarm businesses rose 5.2% as companies found ways to squeeze more from their existing workers.

"'But the lion's share of that gain went to shareholders in the form of record profits, rather than to workers in the form of raises.

"'Hourly wages, adjusted for inflation, rose only 0.3%, according to the Labor Department. In other words, companies shared only 6% of productivity gains with their workers. That compares to 58% since records began in 1947.'"

"Out of work Americans deserve more than unemployment checks - they deserve dividends.

"The rich would never have recovered without them."

Why the Rich Love High Unemployment | Truthout

Of course they do, they love not having a demand for their products.

The rich love the fact their businesses are failing because no one has any money in their pocket...

They love the fact that the same money they're taxed goes right to government or welfare idiots that buy their products..

Businesses give money to the government, the government gives free money to the people, and the people spend the free money on the businesses that in turn gave the money away in the first place...

What a vicious damned circle, eh?

Yeah, its some funky form of pseudo capitalism...
 
Of course they do, they love not having a demand for their products.

The rich love the fact their businesses are failing because no one has any money in their pocket...

They love the fact that the same money they're taxed goes right to government or welfare idiots that buy their products..

Businesses give money to the government, the government gives free money to the people, and the people spend the free money on the businesses that in turn gave the money away in the first place...

What a vicious damned circle, eh?

Yeah, its some funky form of pseudo capitalism...
...perpetuated on Gubmint manipulation/control...(That needs to cease...they have overreached on the Commerce Clause by a long shot)...
 
can someone answer the question?

What if lets say 95 percent of americans never spent a penny for one day, just one day. Would the effect be devastating? Something to ponder. It would be a neat experiment.
 
If they get wages low enough in the US, they won't have to employ people in India and Mexico.

Because there won't be anything of consequence left of substance...everything will have been chased offshore by the Statists in government so they can finishtheir implimentation of thier Socialist plans.
Are corporations "Statists"?

When US oil companies reflag their tankers to save on taxes are they engaging in Statist behavior?

What's the connection between Statists and Government Sachs?
 
If they get wages low enough in the US, they won't have to employ people in India and Mexico.

Because there won't be anything of consequence left of substance...everything will have been chased offshore by the Statists in government so they can finishtheir implimentation of thier Socialist plans.
Are corporations "Statists"?

When US oil companies reflag their tankers to save on taxes are they engaging in Statist behavior?

What's the connection between Statists and Government Sachs?

FIRST you must learn the term STATIST...so far? You FAIL.
 

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