Unemployment Going To 12-13%?

Discussion in 'Current Events' started by Annie, Nov 12, 2009.

  1. Annie
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    Annie Diamond Member

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    James Pethokoukis » Blog Archive » 12 reasons unemployment is going to (at least) 12 percent | Blogs |

     
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  2. KittenKoder
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    KittenKoder Senior Member

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    I wager we have not come close to seeing the end of this mess. By spending all that money on "stimulus" by both baffoons, there isn't any to actually invest in jobs. When I say spending, I really mean wasting, because that's exactly what they did. They didn't put it to good use at all, they just threw it all at people and businesses and expected that to help ... well ... if they had been smart they could have, oh I don't know ... cut all the filing and licensing fees for businesses to come here so more would move here and increase the number of jobs. Perhaps increase tourism by offering investing in attractions and parks that draw international clients so people would bring money into the country instead of us continuing to funnel it out. Improve strong products which still have high demands so not only Americans would purchase, but there would be an export demand for them as well, bringing more money into the country ... but naw ...

    They threw the money are people and businesses, who all promptly bought a ton of imports, sending it all to other countries ... I know I did, bought a ton of European and Japanese imports actually.
     
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  3. Mike458877
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    Mike458877 Conservative

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    I agree, 13% will not be the top of this mountain, I'm betting we go higher. Who knows where we really are right now, as the numbers are fudged often.

    I know this, you cannot strangle business and then expect them to keep people employed, let alone expect them to grow and employ more! It simply doesn't work.

    Washington is full of lawmakers who have never had to run a lemonade stand, let alone a business, yet they feel they are qualified to direct how businesses operate and what they can afford.

    Personally we could easily expand and add several new hires, but, the clamps are so tight and demanding, we are hunkering down to weather a storm. We are not going to risk our business on hopes and dreams of some kind of wishful change which is no where to be found. We don't dare consider anything but reductions right now, with the current talk in Washington of higher fees, higher taxes and so on. Further, local government is just as bad.

    So the choice is simply, make me pay more and watch me be forced to lay more people off and reduce liabilities or provide me real incentives to expand and hire more. A one time credit of a mere 3,000 for a new hire is a joke. anyone in business sees through that BS.

    Mike
     
  4. KittenKoder
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    KittenKoder Senior Member

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    There's been freezes on lots of hiring for many fields in my area, even the tech industry (something that's suppose to be Seattle's new backbone with the loss of our big coffee company) is very slow in growth. Microsoft is actually growing a lot slower than they appear to, their profits are due to layoffs as their international sales are still falling, domestic sales are only holding. Apple is steady, but it's not enough revenue to hold us afloat, our city is sinking fast, already bankrupt and in debt, if things don't pick up soon, we're screwed completely ... and I see no possibility of it improving anytime soon. Our "newly" elected officials are still the same ones ... just playing musical chairs. As I say, we are now officially California Junior.
     
  5. tigerbob
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    tigerbob Increasingly jaded.

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    Fantastic! Down to 12-13%? That would be awesome!

    .......and then I realized you weren't posting something specific to Michigan. :(
     
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  6. KittenKoder
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    KittenKoder Senior Member

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    Damn ... but then you don't have much of an industry there do you? We have one thing that's stable, the ports. If not for the Sound, we'd already be where you're at.
     
  7. Single Dad
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    Single Dad Member

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    More Unemployed People = More People On The Public Dole(s) = More Democrat Votes


    It's all part of the Socialist plan people. There are no surprises here.
     
  8. midcan5
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    midcan5 liberal / progressive

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    And moaning and crying and crying and complaining and bitching and moaning will get you where? Where will that get you? Are those working buying? Seems not as stores, restaurants are empty and offering all sorts of incentives. We recently bought a Buick made in Michigan and have been out shopping and eating out. People put up or STFU. And stop shopping where they fluck over American workers.

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  9. Single Dad
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    Single Dad Member

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    What kind of a Buick did you buy?
     
  10. KittenKoder
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    KittenKoder Senior Member

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    Then tell them to make the products better. ;) It's a simple formula that drives capitalism ... good product .... affordable cots .... equals more sales .... bad product ... at too high a price ... equals no sales.
     

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