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I agree with a 2% drop in unemployment by the end of 2011. I base that on the fact that earnings of American corps are good and there is a lot of cash waiting to be put to work.
Most jobs are in and come from small businesses, how many small businesses went out of business over the last two years? Seeing the top companies earn more does not mean they are growing, many are just absorbing the business from the small competitors who are now gone, they many not translate that into hiring all of those former employees back.
Most jobs are in and come from small businesses, how many small businesses went out of business over the last two years? Seeing the top companies earn more does not mean they are growing, many are just absorbing the business from the small competitors who are now gone, they many not translate that into hiring all of those former employees back.
Actually, new companies tend to create the majority of new jobs and they tend to start out small.
Still, When those large corps who are sitting on cash start to spend again that money will benefit small suppliers and create new companies too which will in turn create new jobs.
When large corporations see growth opportunities they ramp up hiring as well.
Actually, new companies tend to create the majority of new jobs and they tend to start out small.
Still, When those large corps who are sitting on cash start to spend again that money will benefit small suppliers and create new companies too which will in turn create new jobs.
When large corporations see growth opportunities they ramp up hiring as well.
In the end it all translates to jobs.
New companies do but not many new companies are starting up.
Sure, if the cash is spent, the supply created and the demand follows, all will work out fine. I am not a supply sider so I don believe that just putting products in front of the masses creates demand.
In theory yes, I agree. I just won't bet the farm on it.
It's great, let's expect many jobs created !
With the tax code overhaul (corporate tax to 23% from 35% today) and less regulatory burdens on businesses and more exports this decade could be great, 1990s-like
You are dreaming, first the article does not even address the impact of severe cuts in government spending and the job cuts that are going to be part of those cuts.
Second they make a completely unfounded assumption that banks are going to start lending. Are they insane? The banks are not going to take money they can use for carry trade making double digit profits, and loan it to the public who is still drowning in their debts from before the collapse. Whatever positive growth you see in GDP will be manufactured by lying about inflation. Anyone who thinks we are going back to the good old days is delusional.
You are dreaming, first the article does not even address the impact of severe cuts in government spending and the job cuts that are going to be part of those cuts.
Second they make a completely unfounded assumption that banks are going to start lending. Are they insane? The banks are not going to take money they can use for carry trade making double digit profits, and loan it to the public who is still drowning in their debts from before the collapse. Whatever positive growth you see in GDP will be manufactured by lying about inflation. Anyone who thinks we are going back to the good old days is delusional.
Judging by the SEC/Facebook fiasco, outsourcing is bound to continue until the SEC and this President get their acts together and stop killing the creation of well-paying jobs in this country.
Obama will also have to sever his joined-at-the-hip relationship with unions, which are about as popular as cockroaches at a picnic.
Furthermore, the meddling in the housing market is going to have to stop, and his DOJs continuing pushing ofsubprime loans, which is indefensibly asinine will lead to his demise next year; why he feels that folks who aren't qualified to own a home are nevertheless entitled to own one is flat-out stupid.
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