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On Nov 6, 1:51*pm, "nom=de=plume" wrote:
"Frogwatch" wrote in message ... On Nov 6, 9:56 am, H the K wrote: On 11/6/09 9:39 AM, Tosk wrote: Well, at 10.2 % unemployment, the stimulous didn't work. No amount of "stimulous" will convince a real employer to hire a loser like you, Ingersoll. You should expect 12.5% unemployment by June 2010. *Us employers have gone on strike against the Obamination and his cronies who caused the economic meltdown. *As long as Dodd, Frank and Obama are still in office or still have power, nobody will invest. *At least Corzine who benefited from the meltdown got kicked out. So, you can either vote people out in the 2010 election or learn to say "Welcome to WalMart". Reply: Completely untrue. the unemployment rate will still climb slightly, but as productivity increases at some point no significant gains can be had with current employees, orders (which are increasing) will force companies to hire. The turning point should be mid-2010. -- Nom=de=Plume We should all feel so good, the second derivative is getting smaller, ie the rate of increase is getting smaller. Note, unemployment is still getting larger and is far beyond anything Obama said would happen under his porkulus that has done so much to cause unemployment. Of course with his ideas on punishing small business by hitting em with an 8% tax for not supplying health care, you can expect unemployment to jump sharply if they pass this monstrosity. Most employers know they can do well with fewer employees and when they consider this 8% they will immediately cut employees. Outsourcing to no benefit independent contractors will be far cheaper than employees and using software or robots to do stuff will be much more attractive than new employees. Obama is providing the incentive to produce permanent unemployment above 10%. Even burger flippers will be replaced by machines and all the Wal Mart greeters will be replaced by cutesy "HelloKitty" style robots who will not require bennies. Welcome to Obamanomics where only party members have jobs. I refuse to hire and refuse to invest in Obama's Soros inspired socialist economy. |
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