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Old 10-26-2009, 10:16 PM
 
4,538 posts, read 4,810,105 times
Reputation: 1549

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For 17 years, she has counseled professionals, business managers, engineers, accountants, scientists — people who are mature, middle-aged, highly motivated, well-educated, well-spoken.

But in all that time, she’s never seen so many of the jobless with such impressive skills as this last year.

“Last week I had seven lawyers in this room,” she said. “I’ve had lots of folks from TV and The Baltimore Sun. This week I’ve got five human resources directors — I’ve never had that.”

The number of professionals and managers in unemployment programs at this suburban work-force center halfway between Baltimore and Washington is the highest it has been since the state first made this group a target for outplacement support in 1992.

http://www.nytimes.com/2009/10/25/fa...=2&ref=economy
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Old 10-27-2009, 10:52 AM
 
46,940 posts, read 25,969,275 times
Reputation: 29434
Default Well, to be brutally honest...

In my experience (comparing to the European workplaces I've been in), US businesses tend to be a byzantine web of middle managers fighting over the dwindling number of *******s who actually know how to build, do and/or make things. Too many coxswains, not enough rowers.

If middle management is feeling the cuts, perhaps some businesses are getting their priorities straight.

As for the lawyers - the US has the highest rates of lawyers per capita of any nation, anywhere. It's not at all surprising that some will feel the pinch.

I feel for the people, obviously, but if US workplaces are focusing on keeping the productive employees over the overseers, that's a fundamentally sound philosophy.
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Old 10-27-2009, 10:55 AM
 
21,026 posts, read 22,143,615 times
Reputation: 5941
Quote:
Originally Posted by KRAMERCAT View Post
For 17 years, she has counseled professionals, business managers, engineers, accountants, scientists — people who are mature, middle-aged, highly motivated, well-educated, well-spoken.

But in all that time, she’s never seen so many of the jobless with such impressive skills as this last year.

“Last week I had seven lawyers in this room,” she said. “I’ve had lots of folks from TV and The Baltimore Sun. This week I’ve got five human resources directors — I’ve never had that.”

The number of professionals and managers in unemployment programs at this suburban work-force center halfway between Baltimore and Washington is the highest it has been since the state first made this group a target for outplacement support in 1992.

http://www.nytimes.com/2009/10/25/fa...=2&ref=economy
Oh no, no, no, I'm sure the article is wrong!

The Repubs INSIST that the huge tax breaks that Bush gave the wealthiest 2% CREATED JOBS!!!!!!!

Oh! I'm sure job loss is just in everyone's imagination!!!
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Old 10-27-2009, 11:00 AM
 
Location: the very edge of the continent
88,973 posts, read 44,788,307 times
Reputation: 13681
Quote:
Originally Posted by Dane_in_LA View Post
In my experience (comparing to the European workplaces I've been in), US businesses tend to be a byzantine web of middle managers fighting over the dwindling number of *******s who actually know how to build, do and/or make things. Too many coxswains, not enough rowers.

If middle management is feeling the cuts, perhaps some businesses are getting their priorities straight.

As for the lawyers - the US has the highest rates of lawyers per capita of any nation, anywhere. It's not at all surprising that some will feel the pinch.

I feel for the people, obviously, but if US workplaces are focusing on keeping the productive employees over the overseers, that's a fundamentally sound philosophy.
But it's wreaking havoc on income tax revenue...

Income tax revenue dropped a whopping 44% while unemployment was only 8.8% (2009 Q1).
"6 million people lost jobs in the 12 months ended in April — and that means far fewer dollars from income taxes. Income tax revenue dropped 44% from a year ago."
IRS tax revenue falls along with taxpayers' income - USATODAY.com

How can that be? Higher income earners pay a disproportionately high percentage of the income tax and they are among those who have either lost their jobs or have taken a pay cut.

This exposes the fundamentally unsound philosophy of depending on a certain segment of the population for a disproportionately high percentage of the income tax revenue.
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Old 10-27-2009, 11:07 AM
 
Location: Alvarado, TX
2,917 posts, read 4,765,444 times
Reputation: 802
How's the hopenchange workin' for ya?
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