Posted on 01/12/2014 9:00:44 AM PST by Olog-hai
A cutoff of benefits for the long-term unemployed has left more than 1.3 million Americans with a stressful decision:
What now?
Without their unemployment checks, many will abandon what had been a futile search and will no longer look for a job—an exodus that could dwarf the 347,000 Americans who stopped seeking work in December. Beneficiaries have been required to look for work to receive unemployment checks.
Some who lost their benefits say they’ll begin an early and unplanned retirement. Others will pile on debt to pay for school and an eventual second career. Many will likely lean on family, friends, and other government programs to get by. …
(Excerpt) Read more at hosted.ap.org ...
Only 2 1/2 years until we hopefully turn over this lawless regime.
That means our side needs to be ready to lead.
I don’t see the preparation for that. We need to lead, when that day arrives.
That means, we need to start improving the job situation immediately.
That means, we need to BRING BACK JOBS.
How are we going to do that?
Just saying...
3 years before O’bastard is gone. If they nominate the slob from NJ it will be 11 years.
After all, isn't that what this "recovering" economy is all about?
What about the loss of JOBS? Is there a correlation?
Seventeen Trillion dollar deficit... 20 Trillion dollars spent on poverty since johnson’s “Great Society”. If not for the rat party buying minority votes... we would have a 3 Trillion dollar surplus... even with this insane level of spending!
“There is no way that companies like Apple or Google are going to build their smartphones and tablets here in the United States where they have to deal with pinky-ringed union thugs and a government that will be hell-bent on legislating and litigating them out of business under a blizzard of regulations and lawsuits. “
Exactly; it’s just not happening.
They’re never coming back and they don’t have to. Going back here to the US would be like an abused wife going back to her abuser, pure stupidity after being informed of all the realities of what going back would be like.
Yep. It took me a lot of time to find a job but finally landed a good one. God really watched out for me but I was getting a bit thin on cash.
They should have started sending Resumes out as soon as they lost their job.
Well I believe they’ve begun the road to being sold out.
China is a gigantic mess of competing for foreign patent-holders claims.
I believe the Apple phone is on its way to becoming a Chinese phone.
Not sure whether the entire company is at risk, but they’re playing a risky game here.
America really needs to start looking at what is happening internationally, and start to enact effective defenses on American companies.
And start to protect America.
Just saying...
I always did. Finally wormed my way into one of the last good paying blue-collar factory jobs in America and it's non-union too.
You’re right about needing to bring back jobs, but the American social and cultural structure needs to change first and then end up making it a good reason for the companies to come back.
These businesses are about to be sold out, but if the environment hadn’t become so hostile here in the US, they never would have been driven out into the waiting arms of the Chinese.
Same here. I’m well connected and well on my way to having all my hard work at long last pay off.
A cutoff of benefits for the long-term unemployed has left more than 1.3 million Americans with a stressful decision:
What now?
The whole notion that we now have an ‘unemployment rate’ that can be theoretically 0% yet have nobody employed would make even Orwell recoil in horror. Yet here we are and there it is.
I would just point you to those Chinese companies.
There is a (very) large section of the Chinese economy which directly supports their federal government.
(using the work “federal” advisedly, because it is in reality a huge monopoly)
Not like here. We say that, but in China there’s an entire again, level of government support. A monopoly really.
Government controls, almost everything to a degree we do not even recognize here.
Every single company which does business with China, supports the Chinese federal government, and helps it grow ever stronger.
China now exports more than any other country, in the entire world.
More than America. More than anyone.
There is a long history of American companies turning to China as an alternative.
That alternative is becoming ever more risky, long-term for America.
We need jobs. Real jobs. A lot of jobs, and we need to bring back American jobs which have been exported all around the globe.
I’m just saying.
Bring back American jobs.
You’re quite right!
Heh. They’ve been talking about that since the 1940s. They were also promising that the people displaced by robots would be retrained to maintain the robots.
But instead, government got in the way . . .
The technological advances of the past 15 years have made robots possible. Economical factors have held deployment of robots back. It's still cheaper to hire humans to do most of the work that robots can do.
We are approaching the tipping point however and once the cost of human labor intersects with the cost of producing robots, we will quickly attain the necessary economy of scale to have robots assume a much larger role with respect to most menial tasks.
By the way, I think the term "robots" is outdated and will soon go away. We probably won't call them robots but more likely something more Orwellian such as "labor-saving devices" - so they don't seem as threatening.
Exactly.
Thanks for the graph.
You need to find that reporters email address and send it to him for some education. He may never admit he received it, but there is always an outside chance the guy truly is clueless.
After all, those who become reporters never do get a lot of honest economic lessons to learn from.
Do they count welfare recipients as part of the unemployment rate?
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