Posted on 10/21/2009 6:12:15 PM PDT by Libloather
RUSH: And, my friends, Obama, while the rest of you are starving and deciding whether to eat dog food or cat food, and wondering, "Where is my job coming from?" know that even Mort Zuckerman is out with a piece today, Mort Zuckerman the CEO and publisher of US News & World Report, basically saying that we're not going to have any new job creation. He's going on along with what the AP said the other day, that some industry jobs are not ever going to come back, that we're going through a transformation so 10% unemployment is the new norm. Meanwhile, Obama is out at $17,000 a plate, $33,000 a plate fundraisers.
http://www.rushlimbaugh.com/home/daily/site_102109/content/01125104.guest.html
How incredibly stupid is this when we had low unemployment year after year???
We don't have a free market at this point in our history, but I'm sure it would make jobs if we had one.
How many illegals did show up on the employment (and voting) rolls when working and on the unemployment rolls now?
+++++++++++++++++++++++
Imagine the teeth gnashing Dowd, Olbermann, CNN, Gibson would be doing if this was Bush???
Of course, the Democrats are the authors of "It's the Economy, Stupid." Sure be a shame if that mantra came back to haunt them.
What liberals and leftists want us to believe is that our best days are behind us and that we have to settle for the chronically high unemployment that afflicts loser socialist countries in Europe and elsewhere. Meanwhile, the Chinese and Indians pass us and our standard of living and place in the world are headed for the toilet.
This is an updated version of Jimmy Carter’s malaise speech. Republicans ought to be condemning this from every forum they can find, on every t.v. show, in every speech and opinion piece. We ought to be saying we simply DO NOT ACCEPT second class status now or ever. We are number one and we intend to stay that way. Enough of this defeatist talk. Where’s a Reagan to lift the country up?
Baraqqis realize this game isn’t going well.
Time to move the goal posts.
Free market? Where the hell have you been, Mort, the Hamptons?
There is mountains of construction work to be done in this country. However the transaction costs between marginal worker and a construction worker is so high that the working class home owner can not afford it, and the construction worker would be better off bagging groceries.
And what are these transaction costs between the humble home owner and skilled laborer? Government taxes, permits, fees, mandated codes that neither the home owner wants or can afford, nor does the skilled tradesmen feel are warranted.
So the housing stock decays, and trades want for work, because you know if it comes down to between you, me, and the government. The government and its workers are going to make sure they survive, if not actually prosper and you and I can go to hell.
“The free market is not up to the job of creating work (Mort Zuckerman: Get Used to 10% Unemployment)”
Corrected title: “The democrat party in total power is not up to the job of creating work (Mort Zuckerman: Get Used to 10% Unemployment)”
Funny how the unemployment rate was 4% for 8 years under the Republicans.
Yes, but this is not about the truth: it's propaganda; it's the fight for the hearts and minds of Americans. And it works: many people on this conservative forum are angry at Goldman Sachs, bonuses, CEOs... All this anger has the same lack of foundation in reason or facts, but it HAS been enticed by people like Emmanuel ("Don't let a crisis go to waste") and Zuckermann.
I can't disagree. Say, has Mort ever had to survive on rations? Sure doesn't sound like it. I especially enjoy the part where his infinite wisdom lost $40 mil investing with Bernard Madoff.
Mortimer Benjamin "Mort" Zuckerman (born June 4, 1937[1], Montreal, Quebec, Canada) is a Canadian-born American magazine editor, publisher, and real estate billionaire. He is a naturalized citizen of the United States.
In 2008, Zuckerman was the 147th wealthiest American[2], and in 2007, he was the 188th[3] as per Forbes. In 2006, he was ranked 382.[4] The increase was related to the sale in 2007 of 5 Times Square and 280 Park Avenue in New York, which together realized US$2.5 billion for his company, Boston Properties, Inc..[5]
He has been the publisher/owner of the New York Daily News since 1993 and, as of 2007, is the current Editor-in-Chief of U.S. News & World Report. He co-founded Boston Properties, Inc. in 1970. He is chairman of the board, and director.
http://en.wikipedia.org/wiki/Mortimer_Zuckerman
Hong Kong’s unemployment rate is 5.3 percent. Singapore’s unemployment rate is 3.3 percent. Why don’t we study what they are doing?
I can tell you one thing they are NOT doing is making it hard to start businesses and hire people. John Stossel did a show where he went to start a business in Hong Kong. He was able to legally start selling merchandise within a morning. All he had to do was pay $25 for a business license, and he was good to go.
Imagine if we cut taxes and fired a lot of government employees whose job it is to bug businesses. The private sector could explode.
What’s this “free market” of which he speaks?
Isn’t 10% full employment in Europe?
We don't even have the rule of law in this country anymore.
When a small businessman can't be sure that his property won't be confiscated, that a retroactive tax won't be put into place, that the dollar won't be driven into the ground, how could any responsible business take the risk to hire someone.
The businessman has a responsibility to his family not to lose it all. He also wants to keep providing jobs for the employees he already has for his own and their benefit.
The same could be said for any investor. What investor would want to put his money into an American business when the fascists are in control. He'll put his money offshore or buy gold bars and bury it. That is capital taken out of our economy that could be working.
I don't blame them. In fact I am doing the very same thing.
The free market doesn’t create work when the GOVERNMENT disincentives it to do so. Suckerman is an azzhat.
We know how that turned out because the Japanese went on a spending binge for infrastructure. What did it get them over 200% nation debt to income ratio and a lost decade economically. At least they now have the world's longest suspension bridge and a nice airport built on an artificial island.
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