is debt deal job killer?

by jobhuntguru 1. August 2011 09:29 Jobs |
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Well if taxes are sure fire way to cause job losses, than it just begs the question on whether the current Washington debt deal is a job killer? After all, since the Feds are the only ones spending cash these days, will it really help to cut federal spending even more? Well the GOP seems to think so. In fact, the Tea Party zealots fought long and hard over the weekend for massive federal spending and no tax increases. They also fought for maintaining very unpopular corporate tax loopholes. Now we might need to call in the big gun economist across the country for this one but hey aren't we still in a recession? Last i checked, unemployed surpasses 9%. Last i checked, there were 14 million people hanging out in unemployment lines.

When was the last time so many people have been unemployed, with no hope in sight? Try the 1930s - hey wasn't that around the same time as the Great Depression? Gee I thought so. Didn't the country get out of the hole through the vision and spending of the Feds? Naw - hogwash so sayeth the GOP, we got out of that hole based on good luck and timing - yea that's it. Well from the looks of it referring to history as a example of how to manage this economic crisis is not necessary - just look to the wisdom of GOP. Who knows after the Feds are totally out of cash, maybe instead of an additional 5 - 6 million people being added to the ranks of unemployed and jobless, that instead we will magically see job growth thanks to the goodwill of corporations. Yea that's it. Why not just shut down the Feds altogether and rely on the goodwill of big corporations like say BP. Way to go GOP. So is the debt deal a job killer - according to the Tea Party rebels absolutely not. We'll get by somehow. Frown

five more years of jobless drama

by jobhuntguru 10. June 2011 07:18 Jobs |
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Still think the worst is over with the economic rebound? Maybe not, perhaps we're looking at five more years of new inductees into the jobless arena. So you think I’m kidding? Sorry to disappoint but that's what the economic adviser geeks are saying. By the end of the next five years the US will have gone through its own lost decade similar to Japan. So this just begs the question -- what happened to the bailout billions that were slated to pull the economy out of the depths of hell and spur huge tides of job growth? It's anyone's guess at this moment on where the money went - but surely it didn't create the jobs as expected.

Let’s face it, the situation is looking a little grim as far as available jobs goes, considering new college grads are beginning to outpace the number of jobs created. Moreover, that doesn't even include those with established careers looking to regain footing in the job market. With all the Harvard and Yale grads hanging out in Washington, it makes you wonder --- hummh maybe we need a few more Harvard/Yale yuppies to preside over this mess in Washington. Then on the other hand, you begin to wonder if this "stuck in the ditch" job situation is actually intentional. Hummh, now there's a thought. Perhaps, any real job growth is strategically planned to magically happen sometime near the 2012 elections. Undoubtedly, either the Red or the Blue pill will try to pull off a magical "save the earth" next year to propel to success in the elections. Who stands to gain the most by this job situation mess? The votes are in --- none other than the GOP - high unemployment, low wages and high crime equate to high profit margins for the fat cats. Five more years of this jobless drama means none other than wealth preservation...and you thought they cared - sike! Sealed

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