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Old 08-27-2012, 02:19 PM
 
9,240 posts, read 8,664,523 times
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I hope these politicians understand this giving out all these work permits.
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Old 08-27-2012, 04:18 PM
 
29,981 posts, read 42,917,108 times
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What Is The Real Unemployment Rate? - Seeking Alpha
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Old 08-27-2012, 04:19 PM
 
Location: La Jolla, CA
7,284 posts, read 16,675,136 times
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Quote:
Originally Posted by All American NYC View Post
I hope these politicians understand this giving out all these work permits.
7% is a pipe dream.
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Old 08-27-2012, 04:25 PM
 
13,186 posts, read 14,972,499 times
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Quote:
Originally Posted by All American NYC View Post
I hope these politicians understand this giving out all these work permits.
LOL Rich.

You're antiunion, whine about how mistreated the rich our with their higher tax rates, and you favor cutting middle class benefits.

And you think you're qualified to know whats best for workers and the middle class?
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Old 08-27-2012, 04:32 PM
 
Location: Chicago, IL
9,701 posts, read 5,109,464 times
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I don't understand how else you can increase the private job market when company's today are paying record low taxes & earning record high prices AND STILL AREN'T HIRING. We've done all we can to encourage to support corporate profits turning into more jobs. It's hit the plateau.

The only solution is creating more consumers, and that's done by not cutting budgets that lead to layoffs for teachers, police, and other civil servants. It's done by spending money on infrastructure projects that put unemployed construction crews to work.
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Old 08-27-2012, 04:41 PM
 
61 posts, read 219,917 times
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Quote:
Originally Posted by EddieB.Good View Post
I don't understand how else you can increase the private job market when company's today are paying record low taxes & earning record high prices AND STILL AREN'T HIRING.
I just sat through a 3 hour long seminar on Health Care overhaul and how it will impact my business. The reason many small businesses aren't hiring (including me) is because we'll need the dough to pay the penalties (many of us simply can't afford to insure our folks. )
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Old 08-27-2012, 04:42 PM
 
13,186 posts, read 14,972,499 times
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Quote:
Originally Posted by EddieB.Good View Post
I don't understand how else you can increase the private job market when company's today are paying record low taxes & earning record high prices AND STILL AREN'T HIRING. We've done all we can to encourage to support corporate profits turning into more jobs. It's hit the plateau.

The only solution is creating more consumers, and that's done by not cutting budgets that lead to layoffs for teachers, police, and other civil servants. It's done by spending money on infrastructure projects that put unemployed construction crews to work.
Exactly. In real objective surveys. Business point to one single prime reason why they are not hiring.

LACK OF DEMAND

Not regulation, not business taxes, not "uncertainty, ...not any of the reason these right wing liars claim.

They are making huge profits still, because they are able to get by with less workers, with less benefits, and less pay.

When it finally sinks in with white voters that it isn't just brown people that are going to be doing menial, low paying, grunt jobs

Then they will finally start paying attention.

And the only way to spur demand is more government spending. Because tax cuts just sit in the bank, horded by rich elites, that have all the money.
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Old 08-27-2012, 04:54 PM
 
Location: Chicago, IL
9,701 posts, read 5,109,464 times
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Quote:
Originally Posted by RicT View Post
I just sat through a 3 hour long seminar on Health Care overhaul and how it will impact my business. The reason many small businesses aren't hiring (including me) is because we'll need the dough to pay the penalties (many of us simply can't afford to insure our folks. )
Yes that's the reality for a lot of companies, but the problem of companies not hiring despite being profitable and paying low taxes has been around before the ACA was even a discussion.
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Old 08-27-2012, 04:57 PM
 
Location: Great State of Texas
86,052 posts, read 84,442,711 times
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Well I guess this falls right in line with Bernanke toying with an open ended QE.
That is scary though because there is no dollar amount and no time limit.

We are 4 years since the first QE and we have had multiple. They were supposed to be temporary with a Fed exit strategy. I don't think they are going to be temporary and there is no exit strategy, not when you go open ended.
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Old 08-27-2012, 04:59 PM
 
Location: Great State of Texas
86,052 posts, read 84,442,711 times
Reputation: 27720
Quote:
Originally Posted by padcrasher View Post
Exactly. In real objective surveys. Business point to one single prime reason why they are not hiring.

LACK OF DEMAND

Not regulation, not business taxes, not "uncertainty, ...not any of the reason these right wing liars claim.

They are making huge profits still, because they are able to get by with less workers, with less benefits, and less pay.

When it finally sinks in with white voters that it isn't just brown people that are going to be doing menial, low paying, grunt jobs

Then they will finally start paying attention.

And the only way to spur demand is more government spending. Because tax cuts just sit in the bank, horded by rich elites, that have all the money.
That would be lack of demand here in the US. The multinationals are making their profits via foreign sales, not US sales. There's no lack of demand in these emerging nations with new middle class consumers.
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