mercury14
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If a bunch of employers drop health benefits think how much money they'll save and how many more workers they can hire. What a fantastic economic stimulus. You should be all for it.
What happened to all of the doom and gloom economic threads?
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If a bunch of employers drop health benefits think how much money they'll save and how many more workers they can hire. What a fantastic economic stimulus. You should be all for it.
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And you and yours will keep footing their bill(s)...
...just so you all can continue to enjoy whatever diminishing degree of lifestyle the statists allow you to cling to while milking you dry.
I used to wonder how/why so many Jews allowed themselves to be led into boxcars...
...I don't anymore.
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mercury14
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The people who lose employer-paid health insurance end up getting it from a private insurer on an exchange. You realize that private insurers are not run by the state, right? I don't think you've really thought this through.
I think a lot of employers will also drop coverage for their employees and use that reduced spending to increase salaries or other benefits. Any employer who uses the transition to cut overall employee compensation is just going going to make themselves known as the company that treats its workers like shit. Then they'll lose out on talent to the companies who treat their workers decently.
Busybody
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I don't pay taxes
in the 3rd yr of NIG-CO.....I quit my jobs, closed my businesses, and went on FOOD STAMPS
I agree with you on JEWS
Busybody
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Mort Zuckerman: "America Remains In A Jobs Depression"
Authored by Mort Zuckerman, originally posted in The Wall Street Journal,
Jobs! President Obama has set a record. In his speech to Congress on Tuesday, he uttered the word "jobs" more than in any of his previous four State of the Union addresses. His 45 mentions were more than double the references to any of the other policy ambitions encapsulated in his speech by such words as health, education, immigration, guns, deficit, debt, energy, climate, economy, Afghanistan, wage, spend or tax (the runner-up).
If only the president's record on unemployment were as good.
After four years America remains in a jobs depression as great as the Great Depression. But the crisis isn't seen in that light because the country isn't confronted daily by scenes of despair like the 1930s photographs of bread lines and soup kitchens and thousands of men (very few women then) waiting all day outside a factory in a forlorn quest for work.
But the jobless are still in the millions across the land, little changed in their total since the 1930s: 12.3 million today officially fully unemployed compared with 12.8 million in 1933 at the depth of the Depression.
Yes, the U.S. population is much larger now, but 12 million out of work still means 12 million lives devastated. And that number masks the true vastness of the modern disaster.
The jobless today are much less visible than they were in the 1930s because relief is organized differently. Today in the "recovery," the millions are being assisted, out of sight, by government checks, unemployment checks, Social Security disability checks and food stamps.
More than 48 million Americans are in the food-stamp program—an almost incredible record. That is 15% of the total population compared with the 7.9% participation in food stamps from 1970-2000. Then there are the more than 11 million Americans who are collecting Social Security checks to compensate for disability, also a record. Half have signed on since President Obama came to office. In 1992, there was one person on disability for every 35 workers; today it is one for every 16.
Such an increase is simply impossible to connect to direct disability experienced during employment, for it is inconceivable that work in America has become so dangerous. For many, this disability program has become another form of unemployment compensation, only this time without end.
But the predicament of our times is worse than that, worse in its way than the 1930s figures might suggest. Employers are either shortening the workweek or asking employees to take unpaid leave in unprecedented numbers. Neither those on disability nor those on leave are included in the unemployment numbers.
The U.S. labor market, which peaked in November 2007 when there were 139,143,000 jobs, now encompasses only 132,705,000 workers, a drop of 6.4 million jobs from the peak. The only work that has increased is part-time, and that is because it allows employers to reduce costs through a diminished benefit package or none at all.
The broadest measure of unemployment today is approximately 14.5%, way above the 7.9% headline number. The 14.5% reflects the unemployed and three other categories: the more than eight million people who are employed part-time for economic reasons (because their hours have been cut back or because they are unable to find a full-time job), the 10 million who have stopped looking for work, and those who are "marginally attached" to the workforce.
The labor-force participation rate has dropped to the lowest level since 1981. It reflects discouraged workers who have dropped out of the labor force. If it were not for the dropouts, the formally announced unemployment rate would be around 9.8%, not the headline 7.9%.
Sometimes the employment numbers that are announced are simply not understood. January was supposed to have seen 157,000 jobs created. The news provoked relief and even enthusiasm in some quarters. But the supposed hiring was based on seasonally adjusted numbers—numbers adjusted to reflect regularly occurring shifts in employment, such as increased hiring of farm workers during crop harvests or retail employees after Thanksgiving. The real, unadjusted figures for January show that nearly 2.8 million jobs disappeared, which happened to be worse than the 2.63 million lost in January 2012. Even though the 157,000 jobs created were fewer than the 311,000 of January 2012, many commentators cheered because they don't understand the effects of seasonal adjustment.
So there is no solace in the statistics. Job seekers are only one-third as likely to find work as they were five years ago, and a record number of households have at least one member looking for a job, which affects everyone. And most of the newly available jobs don't match the pay, the hours or the benefits of the millions of positions that have vanished.
It typically takes 25 months to close the employment gap from the employment peak near the start of the downturn. Yet this time, more than 60 months after employment peaked in January 2006, nonfarm unemployment is still more than three million jobs below where it started.
The president's speech was not without sensible commitments, and the news of negotiations for a trans-Atlantic free-trade area is promising. Europe and the U.S. represent 44% of the world economy, but both have stalled. They (and the rest of the world) would benefit from freer trade. Europe and the U.S. would also benefit from common technology standards and simpler regulations. The bilateral talks have been conducted quietly and positively for some time (while the World Trade Organization talks have floundered), but it will need real executive energy to get an agreement with a real impact on jobs.
Ordinary Americans are looking for leadership and renewal. They know that a job is the most important family program, the most important economic program, and the most important national program that America could have. They also know that, by this standard, we have failed
Authored by Mort Zuckerman, originally posted in The Wall Street Journal,
Jobs! President Obama has set a record. In his speech to Congress on Tuesday, he uttered the word "jobs" more than in any of his previous four State of the Union addresses. His 45 mentions were more than double the references to any of the other policy ambitions encapsulated in his speech by such words as health, education, immigration, guns, deficit, debt, energy, climate, economy, Afghanistan, wage, spend or tax (the runner-up).
If only the president's record on unemployment were as good.
After four years America remains in a jobs depression as great as the Great Depression. But the crisis isn't seen in that light because the country isn't confronted daily by scenes of despair like the 1930s photographs of bread lines and soup kitchens and thousands of men (very few women then) waiting all day outside a factory in a forlorn quest for work.
But the jobless are still in the millions across the land, little changed in their total since the 1930s: 12.3 million today officially fully unemployed compared with 12.8 million in 1933 at the depth of the Depression.
Yes, the U.S. population is much larger now, but 12 million out of work still means 12 million lives devastated. And that number masks the true vastness of the modern disaster.
The jobless today are much less visible than they were in the 1930s because relief is organized differently. Today in the "recovery," the millions are being assisted, out of sight, by government checks, unemployment checks, Social Security disability checks and food stamps.
More than 48 million Americans are in the food-stamp program—an almost incredible record. That is 15% of the total population compared with the 7.9% participation in food stamps from 1970-2000. Then there are the more than 11 million Americans who are collecting Social Security checks to compensate for disability, also a record. Half have signed on since President Obama came to office. In 1992, there was one person on disability for every 35 workers; today it is one for every 16.
Such an increase is simply impossible to connect to direct disability experienced during employment, for it is inconceivable that work in America has become so dangerous. For many, this disability program has become another form of unemployment compensation, only this time without end.
But the predicament of our times is worse than that, worse in its way than the 1930s figures might suggest. Employers are either shortening the workweek or asking employees to take unpaid leave in unprecedented numbers. Neither those on disability nor those on leave are included in the unemployment numbers.
The U.S. labor market, which peaked in November 2007 when there were 139,143,000 jobs, now encompasses only 132,705,000 workers, a drop of 6.4 million jobs from the peak. The only work that has increased is part-time, and that is because it allows employers to reduce costs through a diminished benefit package or none at all.
The broadest measure of unemployment today is approximately 14.5%, way above the 7.9% headline number. The 14.5% reflects the unemployed and three other categories: the more than eight million people who are employed part-time for economic reasons (because their hours have been cut back or because they are unable to find a full-time job), the 10 million who have stopped looking for work, and those who are "marginally attached" to the workforce.
The labor-force participation rate has dropped to the lowest level since 1981. It reflects discouraged workers who have dropped out of the labor force. If it were not for the dropouts, the formally announced unemployment rate would be around 9.8%, not the headline 7.9%.
Sometimes the employment numbers that are announced are simply not understood. January was supposed to have seen 157,000 jobs created. The news provoked relief and even enthusiasm in some quarters. But the supposed hiring was based on seasonally adjusted numbers—numbers adjusted to reflect regularly occurring shifts in employment, such as increased hiring of farm workers during crop harvests or retail employees after Thanksgiving. The real, unadjusted figures for January show that nearly 2.8 million jobs disappeared, which happened to be worse than the 2.63 million lost in January 2012. Even though the 157,000 jobs created were fewer than the 311,000 of January 2012, many commentators cheered because they don't understand the effects of seasonal adjustment.
So there is no solace in the statistics. Job seekers are only one-third as likely to find work as they were five years ago, and a record number of households have at least one member looking for a job, which affects everyone. And most of the newly available jobs don't match the pay, the hours or the benefits of the millions of positions that have vanished.
It typically takes 25 months to close the employment gap from the employment peak near the start of the downturn. Yet this time, more than 60 months after employment peaked in January 2006, nonfarm unemployment is still more than three million jobs below where it started.
The president's speech was not without sensible commitments, and the news of negotiations for a trans-Atlantic free-trade area is promising. Europe and the U.S. represent 44% of the world economy, but both have stalled. They (and the rest of the world) would benefit from freer trade. Europe and the U.S. would also benefit from common technology standards and simpler regulations. The bilateral talks have been conducted quietly and positively for some time (while the World Trade Organization talks have floundered), but it will need real executive energy to get an agreement with a real impact on jobs.
Ordinary Americans are looking for leadership and renewal. They know that a job is the most important family program, the most important economic program, and the most important national program that America could have. They also know that, by this standard, we have failed
Busybody
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Remember When Nancy Pelosi Asked "Where are the jobs, Mr. President?"
Posted by Lorie Byrd
Published: October 8, 2009 - 8:35 AM
I remember when she asked that. It was back in late 2003. I included the quote and the context in my column at American Issues Project today.
In late 2003, when economic growth surged "at the fastest pace in nearly two decades" with the gross domestic product (GDP) growing at a 7.2 percent rate, those in Congress hoping to convince voters that George Bush's policies were failing pointed to the unemployment numbers. To draw attention away from the incredible growth numbers, Democrats pointed to the job market which lagged behind other economic indicators.
In August 2003, reacting to a July unemployment rate of 5.2 percent, Congresswoman Nancy Pelosi asked "Where are the jobs, Mr. President." With the current unemployment rate at 7.8 percent......BY MANIPULATION.... and many predicting it will go higher over the coming months, House Speaker Pelosi should be asking that question even more emphatically than she did six years ago
yevkassem72
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The solution to dealing with the traditional Left (which as a Jacobin I find as repulsive as Fascists, neo-cons, and Libertarians find each other) is to attack their programs, no matter what they do.
If they go for option A, attack them for that.
If option B, attack them for that.
Make sure it's a no-win for the social democrat sponge enablers. No more sucking on the public teat for the able-bodied. Only old folks, the handicapped, the retarded, and kids should get welfare.
If they go for option A, attack them for that.
If option B, attack them for that.
Make sure it's a no-win for the social democrat sponge enablers. No more sucking on the public teat for the able-bodied. Only old folks, the handicapped, the retarded, and kids should get welfare.
You lie and jive...
...as you fully fund exactly what you strive to protesteth so much against.
Give us some more stock advice while you reap the rewards a market totally regulated by statist government allows you...
...eh, bb?
You fantasize there's still time to sit on the pot and enjoy your leisure...
...while the republic has long gone to sh!t, thanks to your dutiful contribution.
Lincoln began the collective acceptance of superior federal government power and authority over the States and the People 152 years ago; Lee's surrender rooted that statism as the future federal government standard; the tyranny that was Reconstruction sprouted what was to come...
...Republican statist Roosevelt and Democratic statist Wilson birthed the progressive political party philosophies that've been ingraining their statist dogmas into the very fabric of American life for over a hundred years now.
If America truly desires to reestablish individual liberty as the tree whose roots sprout everything else in this country, Americans like you must immediately get off the pot and stop fertilizing the statist game.
And I see only 3 explanations why you wouldn't:
1. you desire to hold onto as much as you can while the statists take more of it away from you everyday (like the Jews who longed to hold onto whatever piece of their lives they could while their statist oppressors led them to the gas chambers)...
2. you don't accept that the republic is already lost, and fantasize if only the "right" kind of statist, partisan hacks gain office, then 152 years of federal government oppression can be miraculously relieved...
3. you are not who you pose to be.
I am a fanatical supporter of the all mighty and, thus, vastly, specifically-limited federal government our framers constituted and the States and the People ratified into legal existence. But the last 152 years have established the undeniable fact that that federal government has evolved into the exact statist power the founders and framers revolted and then constituted against.
You keep feeding the monster while acting against it, bb...
...why?
Beco
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At first I thought your screen name said, Yad Vashem , and I was like, Hmmmm, another RobDownSouth alt......
but, not so
mercury14
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Whose alt is it?
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Busybody
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Busybody
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Obama and Biden probably killed their business:
Popular D.C. Burger Joint Forced to Shut Down
February 15, 2013 12:57 PM
ARLINGTON, Va. (CBSDC) — One of the D.C. area’s iconic burger joints is no more.
Ray’s Hell-Burger, where the likes of President Barack Obama, Vice President Joe Biden and the Russian president have gone for a juicy burger, has been shut down after failing to pay its rent.
Arlington County General District Court on Feb. 8 served an eviction notice to the restaurant, located in the Colonial Village Shopping Center along Wilson Boulevard in Arlington, for unpaid rent and ordered owner Michael Landrum to pay more than $39,000 in overdue rent and damages.
Landrum was served notice last month that he had five days to pay more than $21,000 in fees to the landlord, or default the terms of the lease. The extra $18,000 was tacked on during court proceedings.
Another Landrum-owned restaurant, Ray’s Hell-Burger Too — which doubles as Nice ‘n’ Greasy Steak ‘n’ Cheesy — also has been shut down and large ‘For Rent’ signs currently hang in the windows of both restaurants. The chef’s third restaurant, Ray’s to the Third, still is open across the street from the original burger joint.
Ray’s Hell-Burger earned national and international fame when Obama ate there with Biden in 2009 and Russian President Dmitry Medvedev in 2010.
http://washington.cbslocal.com/2013/02/15/popular-d-c-burger-joint-forced-to-shut-down/
did they make ELECTRIC CARS or BATTERIES?
cjh
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Obama and Biden probably killed their business:
Popular D.C. Burger Joint Forced to Shut Down
February 15, 2013 12:57 PM
ARLINGTON, Va. (CBSDC) — One of the D.C. area’s iconic burger joints is no more.
Ray’s Hell-Burger, where the likes of President Barack Obama, Vice President Joe Biden and the Russian president have gone for a juicy burger, has been shut down after failing to pay its rent.
Arlington County General District Court on Feb. 8 served an eviction notice to the restaurant, located in the Colonial Village Shopping Center along Wilson Boulevard in Arlington, for unpaid rent and ordered owner Michael Landrum to pay more than $39,000 in overdue rent and damages.
Landrum was served notice last month that he had five days to pay more than $21,000 in fees to the landlord, or default the terms of the lease. The extra $18,000 was tacked on during court proceedings.
Another Landrum-owned restaurant, Ray’s Hell-Burger Too — which doubles as Nice ‘n’ Greasy Steak ‘n’ Cheesy — also has been shut down and large ‘For Rent’ signs currently hang in the windows of both restaurants. The chef’s third restaurant, Ray’s to the Third, still is open across the street from the original burger joint.
Ray’s Hell-Burger earned national and international fame when Obama ate there with Biden in 2009 and Russian President Dmitry Medvedev in 2010.
http://washington.cbslocal.com/2013/02/15/popular-d-c-burger-joint-forced-to-shut-down/
probably so.
until obama was elected, no iconic burger joints had ever failed.
i blame obama's war on guns.
cjh
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I blame it on BUSH ERA regulations, DONT YOU
if only it had been a too-big-to-fail iconic burger joint, we could have bailed it out.
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yevkassem72
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Obama Economy Comes For Mainline Media Too: WaPo Lays Off Several Dozen Employees
Via Huffington Post:
The Washington Post has laid off several dozen employees on the business side, Fishbowl DC reported on Friday.
The entire mobile team was let go, according to sources, while editorial staffers were unaffected. The exact number of layoffs is not clear, but Fishbowl DC placed the number at 54.
Chief information officer Shailesh Prakash confirmed the cuts in a memo to staff on Wednesday, saying that they were part of a “broader restructuring” as the company re-evaluates and reduces costs.
Other changes are on the horizon, as well. The newspaper is considering re-locating its offices and selling its downtown headquarters. The goal, according to publisher Katharine Weymouth, is “to give us a more modern, bright, open and efficient building that better supports and advances our mission into the future.” In December, the newspaper also announced that it will introduce a paywall in 2013.
The Post layoffs come weeks after the New York Times also made cuts. The Times offered voluntary buyouts, and made some additional layoffs.
Via Huffington Post:
The Washington Post has laid off several dozen employees on the business side, Fishbowl DC reported on Friday.
The entire mobile team was let go, according to sources, while editorial staffers were unaffected. The exact number of layoffs is not clear, but Fishbowl DC placed the number at 54.
Chief information officer Shailesh Prakash confirmed the cuts in a memo to staff on Wednesday, saying that they were part of a “broader restructuring” as the company re-evaluates and reduces costs.
Other changes are on the horizon, as well. The newspaper is considering re-locating its offices and selling its downtown headquarters. The goal, according to publisher Katharine Weymouth, is “to give us a more modern, bright, open and efficient building that better supports and advances our mission into the future.” In December, the newspaper also announced that it will introduce a paywall in 2013.
The Post layoffs come weeks after the New York Times also made cuts. The Times offered voluntary buyouts, and made some additional layoffs.
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