Job Cuts Surge 59% In July 2011, Highest Since March 2010 As Hiring Intentions Plunge

Zero Hedge ^ | 08/03/2011 | Tyler Durden

[longtermmemmory]

There was some psycho woman on NPR this morning who could not understand why businesses were not using their profits to hire people.

She could not grasp that it was not “her money” to give away. The profits already belong to the shareholders.

With the guarantee of new taxes in December, Reid will keep the senate in session through christmas and new years, there is NO WAY any sane businessman is hiring.

[magellan]

"There was some psycho woman on NPR this morning who could not understand why businesses were not using their profits to hire people."

These people do not understand the difference between businesses and charity, between employment and being on the dole, between a having a job, and being a ward. To them it is all the same.

These people really see no difference between the wage earner and congenital welfare recipient. They are morally equivalent in the eyes of the left.

Those who bust their butt in school, work their tail off, and earn good money are just lucky. The are the "fortunate". Those who are second generation welfare recipients, who grew up with access to Head Start, free schools, community colleges, Pell Grants, and low interest education loans, and have nothing to show for it are not responsible for their condition, they are just unlucky, the "less fortunate".