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Old 10-06-2010, 06:25 AM
 
Location: Raleigh, NC
20,054 posts, read 18,275,532 times
Reputation: 3826

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Summer of recovery is over? So sad...

ADP Estimates Companies in U.S. Cut 39,000 Jobs in September - Bloomberg
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Old 10-06-2010, 07:13 AM
 
7,993 posts, read 12,856,042 times
Reputation: 2731
Quote:
Originally Posted by summers73 View Post
How did this happen????

Obama said things were improving under his leadership
Obama said the economy was getting better
Obama said we were in recovery

Did Obama lie????
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Old 10-06-2010, 10:06 AM
 
Location: Ohio
24,621 posts, read 19,152,432 times
Reputation: 21738
Of course he lied. And he was able to lie because none of you are very bright.

In 2007, your very own Bureau of Labor Statistics published its employment projection for the 10-year period 2008-2018.

Over those 10 years only 139,000 new jobs would be created each month.

Over the same period 284,000 replacement jobs would open as the result of attrition.

Apparently, none of you are intelligent enough to grasp the reality that you will need to create 250,000 jobs per month just to absorb new entrants into the workforce, and to absorb returning entrants, you know, the people who quit to go back to school, or have children or care for an elderly parent or other family member.

And then you have to create jobs to absorb all of the people that lost their jobs.

Well, it doesn't take a Rhodes Scholar to figure out that it just ain't gonna happen. I'm real sorry about your luck, but that's just the way it is. You will all have to learn how to do less with less, and if you can't deal with it, hari-kari is a good option.

So, jobless recovery? Duh! No kidding, there never was going to be a recovery and your government has known that since 2007. Too bad you all didn't.
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Old 10-06-2010, 10:44 AM
 
Location: Michigan
5,376 posts, read 5,344,175 times
Reputation: 1633
For a company that specializes in outsourcing solutions, it would seem that they are doing their job well, as shedding other companies payroll is Job #1 at ADP.
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Old 10-06-2010, 11:00 AM
 
Location: AZ
2,096 posts, read 3,807,922 times
Reputation: 3749
Quote:
Originally Posted by Mircea View Post
Of course he lied. And he was able to lie because none of you are very bright.

In 2007, your very own Bureau of Labor Statistics published its employment projection for the 10-year period 2008-2018.

Over those 10 years only 139,000 new jobs would be created each month.

Over the same period 284,000 replacement jobs would open as the result of attrition.

Apparently, none of you are intelligent enough to grasp the reality that you will need to create 250,000 jobs per month just to absorb new entrants into the workforce, and to absorb returning entrants, you know, the people who quit to go back to school, or have children or care for an elderly parent or other family member.

And then you have to create jobs to absorb all of the people that lost their jobs.

Well, it doesn't take a Rhodes Scholar to figure out that it just ain't gonna happen. I'm real sorry about your luck, but that's just the way it is. You will all have to learn how to do less with less, and if you can't deal with it, hari-kari is a good option.

So, jobless recovery? Duh! No kidding, there never was going to be a recovery and your government has known that since 2007. Too bad you all didn't.





What's in bold is why so many now are angry at the rich. They can't use their homes as their personal ATM's anymore so they can "PRETEND" to be rich. If the shoe was on the other foot you bet damn well they'd be protecting their assets!They also need to face the fact that they might have to work 2-3 jobs now to make what they're use to!
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