Posted on 02/05/2010 8:23:22 AM PST by Slyscribe
Some analysts are focusing on the positive in the jobs report: a gain in temporary jobs, decent hiring outside construction, and a drop in the jobless rate.
But these silver linings shouldnt cloud the depth of the labor markets woes. Factoring in a modest 12,000 drop in private payrolls in January and revisions to prior data that wiped out another 1.4 million jobs, private nonfarm payrolls were at their lowest level since November 1998.
(Excerpt) Read more at blogs.investors.com ...
All on the backs of the tax payers.
“The Private sector’s only purpose is to prop up of millions of government employees, their government unions, their opulent benefits, salaries, and their lottery style government retirement benefits...”
...and guarantee their job security. It’s nearly impossible to get fired in the government. BTW, DC area feds got a pay increase of 2.42% for 2010. IMO, feds should not have received any raises. Isn’t it enough that they have secure and comfortable jobs while the rest of the country is suffering?
I agree that something needs to be done about the growth of government jobs, and their pay and benefits. But take a government job or starve, I will take the government job. The simple solution of getting rid of government employees without an increase in private sector jobs will destroy this country.
The stats are accurate, but the headline is misleading. It should read:
“All 6 million private sector jobs gained since 98 - lost since Obama nomination”
No, cut the government workers free and let them adapt, whether as employees or entrepreneurs—while there’s a lower tax structure for all.
If there is no environment for job growth or there is no favorable environment for entrepreneurs, then you will have a lot of people starving to death. Starvation brings chaos and results in people looking to the government for survival. You are more than welcome to wish starvation on your fellow Americans though. I would prefer we find different solutions to resolve the problems facing this country.
There is no environment for job growth precisely because the government is starving out enterpreneurial spirit. Cut the government bloat and the money being stolen by government, and the latter in private hands will inevitably generate jobs. You need to stop placing your faith in socialist mediocrity.
And why isn’t there an environment for growth other than intrusive government policies and taxation? Let the private money that would otherwise go to government employees be circulated within the private sector—including in purchasing services previously provided by the government. We’re a long, long way from having a single bureaucrat starve.
“Hello, welcome to Waddle Burger. Would you like to super-size and get a side order of Glucophage with that?”
Oh wait, that should probably be en Espanol.
With all due respect, in the future I would appreciate it if you would not tell me what I need or not need to place my faith in, especially when your assumptions are wrong.
Intrusive government policies and taxation is what is destroying this country. Get rid of the policies and reduce the taxes. Just getting rid of government employees won’t fix the policy/taxation issues.
Government payrolls and pensions are closely tied to the taxation and intrusion. Who do you think is doing the intruding and where do you think taxpayer funds are going?
That's the mindset of centralized planning. We don't need a centralized plan. We need to return the money to the citizenry, and let them make up their own plans to use their own wealth. That is how the maximum amount of real value is generated, because then people are getting what they, personally, desire, rather than getting what someone else has decided for them.
I agree, and that would be what I call "the game plan". Right now if you get rid of gov employees, their former salaries will go to fund their unemployment benefits, food stamps, etc. This will generate a guarantee reelection for whoever gives this to the former gov employees. Remember there are not enough private sector jobs to employ all the unemployed workers as it is.
Hypothetical: left over money from the former gov salaries and benefits is then given to Al Gore's friends so they can invest in green technology. Then private companies will be forced to use very expensive green light bulbs. These private companies won't be able to afford the expensive green light bulbs so they will lay off private sector employees. Then these private sector employers will pay more for unemployment insurance. The former private sector employees will then receive unemployment, food stamps, etc.
The problem is that we do have central planning and you are correct in that it needs to be adjusted. Figure out the game plan, which is put people in office that can cast the tough vote, and then gov employee salaries/benefits are adjusted and the money flows into the private sector instead of back to the idiots that have cast their vote in their own best interest. We need to put the right horses before the cart. Right now we have jackasses pulling the cart in the wrong direction. The more people that are dependent on the government for their survival, the less likely the problems will be fixed.
. the disease is envionmentalism (EPA restrictions) and the banking system being in bed with politics,
the US is a consumer economy is based on the buying and selling of debt, no production = net loss
the cow has been milked to death, Economic Winter is fast approaching, and there is no hay stored in the barn
Your examples are good. Now we just need to find politicians that are not afraid to make the necessary changes.
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