What happened to all of the doom and gloom economic threads?

[ivantheterrible]

Plenty of US companies are hiring. In India.

The recession was just a convenient way for our companies to outsource while avoiding union and public backlash.

Jobs aren't coming back. Expect 8% unemployment to be the new normal. And yeah, welfare rolls are permanently inflated because of it.

People need to stop blaming Obama though. The same thing would have happened under McCain.

the stage was set before obama. rich man playing games. using imaginary numbers. and it is all just a bunch of bullshit. " martha stuart is polishing the brass while the ship goes down....."

 

[Beco]

because so many old men were giving themselves heart attacks trying to be 18 again.

but what a way to go....

 

[Beco]

Plenty of US companies are hiring. In India.

The recession was just a convenient way for our companies to outsource while avoiding union and public backlash.

Jobs aren't coming back. Expect 8% unemployment to be the new normal. And yeah, welfare rolls are permanently inflated because of it.

People need to stop blaming Obama though. The same thing would have happened under McCain.

Party line bullshit....do you ever have an original thought?

 

[cebalrai]

Party line bullshit....do you ever have an original thought?

I've never heard or read a politician from either party say this.

Baseless accusations make you look dumb.

 

[firespin]

Plenty of US companies are hiring. In India.

The recession was just a convenient way for our companies to outsource while avoiding union and public backlash.

Jobs aren't coming back. Expect 8% unemployment to be the new normal. And yeah, welfare rolls are permanently inflated because of it.

People need to stop blaming Obama though. The same thing would have happened under McCain.

Still a moron even after spinning off that other guy, hmmm?

Here's some facts for you:

"Tata Consultancy Services, Infosys, and Wipro expanded their global workforces by an average of 5.1 percent last quarter, together adding 16,701 employees, company documents show – an early sign that the Great Recession may ultimately benefit India as cost-conscious companies outsource more work, just as they did after the dot-com bust."

http://www.huffingtonpost.com/2010/01/20/india-outsourcing-compani_n_429739.html

That 16,701 employees is .01% (one part in 10,000) of the US labor force of about 160 million. So while these three companies are not the whole Indian oursourcing market, even if you say that overall the total is 10X larger to include multinationals like IBM, it's still .1% of the US labor force.

 

[cebalrai]

That 16,701 employees is .01% (one part in 10,000) of the US labor force of about 160 million. So while these three companies are not the whole Indian oursourcing market, even if you say that overall the total is 10X larger to include multinationals like IBM, it's still .1% of the US labor force.

I would say the overall total is much larger than 10X your example.

Also, India is just one country. You still have to account for outsourcing to latin america, Bangladesh, CHINA, Thailand, Laos, Vietnam, Phillippines, Malaysia, Indonesia, Cambodia, etc.

 

[firespin]

I would say the overall total is much larger than 10X your example.

Also, India is just one country. You still have to account for outsourcing to latin america, Bangladesh, CHINA, Thailand, Laos, Vietnam, Phillippines, Malaysia, Indonesia, Cambodia, etc.

Only if you're a moron. C'mon, dude, srlsy...Laos? Cambodia? You picking asian countries at random here? You left out Myanmar and North Korea.

A lot of US headquartered companies employ more people outside the US than inside...possibly because most of the world's population lives outside the US. This is not hard. It doesn't mean that US jobs are moving anyplace en masse, even if one or even ten companies are doing so.

 

[cebalrai]

Only if you're a moron. C'mon, dude, srlsy...Laos? Cambodia? You picking asian countries at random here? You left out Myanmar and North Korea.

A lot of US headquartered companies employ more people outside the US than inside...possibly because most of the world's population lives outside the US. This is not hard. It doesn't mean that US jobs are moving anyplace en masse, even if one or even ten companies are doing so.

Cambodia... Garments account for an astonishing 80 percent of this impoverished Southeast Asian nation's exports, and the World Bank estimates that the industry, which was worth $2.5 billion last year, helps support – directly or indirectly – about 1 in 5 Cambodians, according to government estimates.

http://www.csmonitor.com/2007/0905/p07s02-woap.html

A look in my closet revealed two GAP polo shirts made in Cambodia.

Gap has factories there. Gap used to utilize the American labor force, but no longer. They once produced their clothing entirely in San Francisco. Now they only produce in China, Cambodia, India, and tiny Saipan. As the economy recovers and they start hiring, do you think they're going to hire in San Fran or Cambodia?

 

[Ulaven_Demorte]

Only if you're a moron. C'mon, dude, srlsy...Laos? Cambodia? You picking asian countries at random here? You left out Myanmar and North Korea.

A lot of US headquartered companies employ more people outside the US than inside...possibly because most of the world's population lives outside the US. This is not hard. It doesn't mean that US jobs are moving anyplace en masse, even if one or even ten companies are doing so.

I needed a good laugh this morning. You displaying your utter clueless and unbridled arrogant nature always does it for me.

I owe you a big thank you with a hearty guffaw at your expense.

 

[unregistered]

 

[Frisco_Slug_Esq]

Seems that after U_D's break, he's returned with nothing; just attack and laugh, no attempt at discussion.



I read a lot into that.

 

[unregistered]

 

[Frisco_Slug_Esq]

He's busy trying to translate "we're fucked" into a positive.

The worse things look for Democrats, the more they will focus on Republicans and Capitalism...

I see that this morning.

 

[unregistered]

 

[Frisco_Slug_Esq]

It's interesting that Paul ran on a strictly pro capitalist, pro constitution, platform. He didn't even try moving to the center. Somebody in KY liked what they were hearing.

And still a lot of the Republican party doesn't understand that they're there to be a choice not a punishment for when Democrats do what they want to do...

 

[Ulaven_Demorte]

Seems that after U_D's break, he's returned with nothing; just attack and laugh, no attempt at discussion.



I read a lot into that.

It seems that after my little break nothing here has changed with you and yours either Cap'n.

Just the same tired old bullshit being shoveled around. Since when have you ever attempted anything resembling discussion with anyone who didn't already agree with you?
You seem to read a lot into everything.. it's a bad habit of yours.

He's busy trying to translate "we're fucked" into a positive.

*LMAO*
Oh no.. Not upstart Rand Paul, the Justin Bieber of the 'Atlas Shrugged' crowd...

In his acceptance speech, Rand Paul said he had "a message from the Tea Party": "We've come to take our government back." Which is good, because we had been wondering when conservative white men would arrive to wrest control of the government from Van Jones and Elena Kagan.

Do you want to take odds on how long it will take poor Rand to self destruct and be labeled a "RINO" IF (big if) he manages to get elected?

 

[Ulaven_Demorte]

It's interesting that Paul ran on a strictly pro capitalist, pro constitution, platform. He didn't even try moving to the center. Somebody in KY liked what they were hearing.

I'm sure Memphis Man was cheering in the streets.

 

[Frisco_Slug_Esq]

Thank you for the proof...




Now, about that pesky Alinsky question.

What did you read into his book?

 

[unregistered]

 

[Frisco_Slug_Esq]

Must be a lot of Memphis men and women going to the polls to take their government back from the collectivists.

It was just a "temper tantrum..."

 

[unregistered]

 

[Ulaven_Demorte]

I notice that since you all can't really find anything bad to say about the economic recovery (how about those job creation numbers!?). What with the Dollar up 11% against the Euro and the price of gold siding toward realistic numbers it's said it will be down to $800 by the end of the year (you did sell high right Cap'n?).

You've decided to harp on a primary in which a relative nobody (shades of Scott Brown) got the backing of the tea-bagger nimrods.

How did that work out last time I wonder?

 

[unregistered]

 

[unregistered]

 

[Frisco_Slug_Esq]

I notice that since you all can't really find anything bad to say about the economic recovery (how about those job creation numbers!?). What with the Dollar up 11% against the Euro and the price of gold siding toward realistic numbers it's said it will be down to $800 by the end of the year (you did sell high right Cap'n?).

You've decided to harp on a primary in which a relative nobody (shades of Scott Brown) got the backing of the tea-bagger nimrods.

How did that work out last time I wonder?

It's not an economic recovery when you point to the bum in the gutter and pat yourself on the back for being better off than he as you stand in the unemployment line...

I'm not harping on anything.

I'm eagerly looking for the end of the week.

Who knows, we might hit that 11K benchmark on the DOW that proves how well Obama's unfunded spending spree worked...