Obamanomics: Decreased Productivity = More Jobs
Launching his “White House to Main Street” tour, President Barack Obama spoke at Lehigh Carbon Community College, north of Allentown, Pa., last Friday. During his prepared remarks, he noted that while the economy seems to be growing again, unemployment still hovers in double digits because companies won’t staff up. Then he offered this explanation:
Now some of this is because they’re still trying to get out of the red brought on by tough times this year and they’re still seeing consumers pull back because people got overextended on their credit cards; those home equity loans suddenly didn’t look so attractive. And so people are spending a little bit less.
But part of what’s happened also among a lot of companies is they figured out how to squeeze more productivity out of the workers that they’ve got; they’re working people longer hours, they’re doing more overtime, or not, but either way they’re producing the same amount of product or providing the same services without hiring more people.
And that’s something that we’re going to have to really work on. [emphasis added]
Look at that last sentence again. The president believes that increased per-employee productivity is a problem that he needs to “work on.” In other words, the president sees his challenge now as how to get the American worker to be less productive, so that companies require more employees to maintain current output.
Indeed, existing workers are putting in slightly more time, as the Chicago Tribune reports: “Economists were encouraged by an increase in the average workweek to 33.2 hours from 33, which was the lowest on record.”
But the new Obama crisis is that these same workers are producing more goods and services. The president seems to believe that greedy corporate bosses have not only driven their fatigued wage-slaves to put in an extra 12 minutes per week, but that they’ve also “squeezed” them for more output per minute, thus assuring the unemployed will remain sedentary.
This “problem,” of course, already has a couple of tailor-made solutions within the president’s worldview: academia and labor unions.
If any industry has figured out how to get Americans to produce fewer goods in more time at a higher cost per item, it’s labor unions. For decades, the United Auto Workers (UAW) has partnered with GM, Chrysler, and Ford to reduce productivity while increasing employment.
Now GM and Chrysler have teamed up with the U.S. government, using that same recipe to keep the Treasury teetering on the brink of insolvency, the national debt skyrocketing, and the currency feeble — thus promoting decreased productivity even outside of the auto industry.
Case in point: while most bailed-out financial sector firms seem likely to repay their loans to the Treasury, the New York Times reported that GM and Chrysler won’t, thus causing a net loss of about $30 billion for taxpayers.
Oddly enough, during the first stop of the president’s “White House to Main Street” lecture tour, the president condemned the entire financial services industry as greedy and irresponsible:
PRES. OBAMA: So there was just a lot of funny business going on, on Wall Street, and everybody was participating up and down the line because they were all making a lot of money. [emphasis added]
While the president lavished criticism on the financial services sector, on the health care sector, on the previous administration, and on Congress, somehow, during 45 minutes of talking about jobs, he didn’t even mention organized labor — not once.
How can organized labor help to “solve” the high productivity crisis?
President Obama’s top “outside’ adviser,” Service Employees International Union (SEIU) boss Andy Stern (king of the White House frequent-visitor list), will likely suggest collective bargaining agreements under ever-looming strike threats, increased compartmentalization of job responsibilities, higher wages, sweeter benefits, longer breaks, and the like. These measures would indeed reduce per-worker productivity, averting the crisis.
But let’s not put all of our hopes for slashing productivity on organized labor.
If the union model doesn’t git ‘er done, all the president has to do is figure out how to make business people think more like academics. His university experience would lead him to believe that the more navel-gazing you do, the more you get paid, and the more secure your job becomes. Perhaps the average American worker needs the lure of tenure to take his shoulder off the wheel, allowing him to focus on thinking great thoughts and sharing them in low-circulation journals. This would force companies to hire more people to do the actual work.
In his Lehigh County speech, President Obama credited universities and government with creating the great middle class after World War II. He also called community colleges “America’s most under-appreciated asset.”
He said nothing about the ever-escalating cost of a college degree — a product so expensive that only 27% of Americans own one.
And while health care has advanced by leaps and bounds, producing results that 20 years ago would have been classified as miracles, higher education offers no comparable progress. Some would argue that its quality has declined. (Exhibit A: the academics who staff the Obama White House.)
The president did not lambaste greedy academics for the “funny business” that has made a college degree the exclusive province of the wealthy, the brilliant, and the highly-leveraged — those who borrow their way through, hoping for sufficient future income to repay tens of thousands of dollars in student loans.
So the president, a college professor who has never run a business or even worked in the private sector, now believes he can accelerate employment growth by decreasing worker productivity through executive fiat, or perhaps through another 2,000-page piece of legislation.
Only a man with no private-sector experience (or one who’s intentionally trying to bring the United States to her knees) could speak like this:
PRES. OBAMA: Now, it’s typical that it takes time for job growth to catch up with economic growth. And it’s typical that it takes a little more time to come out of a recession when it comes to hiring. But Americans who’ve been desperately looking for work for months — some of them maybe for a year or longer — they can’t wait. And we won’t wait. We need to do everything we can, right now, to get our businesses hiring again so that our friends and our neighbors can go back to work. (Applause.) [emphasis added]
Our “chief academic officer” and his faculty (formerly called cabinet), who are 93 percent free of private-sector taint, ignore economic realities and natural business cycles. They think that if they just pull the correct lever on the giant Econom-o-tron machine at the White House — pushing new requirements onto employers and saddling taxpayers with more debt — the job market will react favorably with no unintended consequences.
In this worldview, if economic reality says that job recovery lags behind other prosperity measures, all the president needs to do is crank up the employment potentiometer, thus forcing the invisible hand of capitalism, against its will, to produce more jobs.
Oddly enough, the federal Econom-o-tron does have one rheostat that, if dialed back, would actually accelerate employment growth soon. Permanent cuts to corporate and personal income taxes free up investment cash, which private firms can use to ramp up employment. More cash in the pockets of individuals and their companies also spurs buying, and thus pushes demand for goods and services, again boosting employment.
Mr. President, the U.S. does not have a crisis of high productivity.
If you want to accelerate jobs growth, follow a basic rule of aerodynamics: to increase speed, decrease drag.
Sounds like the joke in the old Soviet Union, ”You pretend to pay us, we pretend to work.” Of course, Obama thinks high productivity is a problem, he’d like everything to be as un-productive as the government or academia.
In 1981, I went to India to set up a manufacturing project & spent a year in Calcutta. I could not help but notice a most bizarre phenomenon – every organization had lots of superfluous employees, all being paid next to nothing to do essentially nothing except waste everyone elses time.
I’ll give an example. I went to a handicrafts cooperative to buy some souvenirs. When I had selected a few items, I went to pay. The procedure was mind-boggling. First you give your items to someone at the counter. She gave me a number & passed the item to a man who took them to another desk. There, a man noted down the items & checked the prices in a big book. This took about 30 minutes. Then, he filled out a form & gave the items & the form to another man who took the items to another desk. There, another man checked the form, verified the items, & stamped the form. The items & form were then passed to yet another person who wrote up a bill in multiple copies & the items were passed to yet another person who wrapped them & attached some copies of the bill to the outside of the package. This was then passed to yet another person who detached a copy of the bill, stamped it, & passed the package to the front counter. At the same time, a copy of the bill was passed to someone else at the counter, placed on a pile of other bills. Finally, my number was called, I went to the counter to pay. I was given a receipt, stamped with another number, & sent to another line where I waited to give them the receipt & take my package.
Altogether, it took approx. 1 1/2 hours to pay for my purchases.
This is Obama’s vision of our future.
Technically, President Obama is correct. More productivity means less people (or the same) produce more. Employers are taking advantage of this and reduce/stop hiring. But Obama doesn’t think this is a problem, this is Scott Ott’s devious interpretation. Obama just pointed out the real life situation. He knows the solution is not less productivity. There are other factors in job creation. And people are not creating demand for goods and luxuries. People like Ott just mess around with words and statistics to feed the hate that his conservative readers starve for.
How much money can people who lost more than 50% of their 401Ks and stock investments put back in the market?
Job creation is a function of private sector and government dynamics. The government will have its chance after winter is over and invest in infrastructure upgrading. New home builders are waiting for all the foreclosures and bad debts to come to an end and lower housing inventories.
When I was in India, I saw hundreds of women carrying baskets on their heads with dirt and rocks. With the complete naviete that only an american can have, I asked my kind patron who was escorting me around the sinple question “Why?”
She said that by giving so many people jobs it gave them work, kept them busy and was insurance against insurrection. While in Bombay I bought many things and didn’t go through the purchasing process you describe. Regardless, I agree with you that India is a place of wonder and I was definitely a stranger in a strange land.
The larger issue is that there are enough undereducated, indoctrinated, and just plain stupid Americans out there to give political support to the absurdity that is Obama.
Did you know that in the last 50+ years EVERY cabinet has had people with more public sector experience than this current crop of crybabies and whiners. The lowest was JFK at around 40% . The “ONE”‘s cabinet has less than 10%. That’s right folks the people presiding over the recession have almost NO experience on how to turn this around. As a matter of fact most of them couldn’t buy a clue. They wouldn’t know a clue of it hit them over the head and mugged them.
Socialism: the few, leading the weak, trailing the ignorant, carrying the inept.
The government will have its chance after winter is over and invest in infrastructure upgrading.
I thought the stimulus was going to fund “shovel-ready” jobs starting in Spring 2009, not Spring 2010. In every private-sector job I’ve had (which is, thankfully, every job I’ve had), saying something is “ready” didn’t mean a year’s delay.
And you wonder why I hate people like you? It’s because you are hate-worthy.
I know how to make the economy unproductive. Return to the age of sail. Only flag three mast ship-sloops as merchant ships. It’s green and it will employ a hundred men to man the topsails. Also because of the rigging you will need stevedores to unload the cargo by hand. Jobs Jobs Jobs Jobs. Everyone wins, except for the few hundred a year that fall to the deck or drown in the ocean. Or the stevedores with bad spines, hips and knees. But that’s why we need public healthcare.
It won’t work, but it will cause
a lot of grief if it is tried;
Vote the Demoncrats out in 2010.
Start _now_; The trend needs to
be visible, predictable, as soon
as possible, to influence current
decision making for the future.
Per the aerodynamics reference;
Reform is like a ramjet:
“The faster it goes,
the faster it goes.”
Venividivici.
When they were saying ”shovel-ready” they were talking about the shovels needed for all the BS ……
This is how Obama is going to be re-elected in 2012
MASSIVE ELECTORAL FRAUD! WITH THE STIMULUS MONEY THEY HAVE STOLEN FROM THE AMERICAN TAX PAYERS!
You know what would help solve some of our issues? No representation without taxation.
If you haven’t paid any taxes for over a year you don’t vote, and requiring ID to vote as well. I have to show ID to buy WD-40, Cold Medication, canned air, booze, and cigarettes. You mean to tell me voting is less important than buying some goods?
The president believes that increased per-employee productivity is a problem that he needs to “work on.”…But the new Obama crisis is that these same workers are producing more goods and services.
Hasn’t this president declared that he works for the labor unions & stated that before he moves on “healthcare” or anything else under the sun that he consults Andy Stern (“workers of the world unite!”) at SEIU ?
As you say, labor unions are invested in a laborious, inefficient production process.
In real time, we’ve got Harry Reid claiming that if you have problems with the healthcare boondoggle, it is akin to being against abolition of slavery.
You’ve got Barbara Boxer claiming that denying taxpayer funded abortion under federal healthcare is tantamount to denying men viagra.
While Obama’s gay “safe schools czar” Kevin Jennings is, reportedly, spending taxpayer money to provide “fisting kits” (don’t ask) to school children.
The United States federal government is dominated by a Confederacy of Dunces with poor mental skills whose only real agenda is to concoct a system of dependence that insures their own power in perpetuity.
I THINK I CAN SEE THE HANDWRITING ON THE WALL. Legislation passed to FORCE businesses to hire, like it or not, with the stipulation that there there will be no INCREASED productivity. The same output by 20 employees as originally done by 10.
THAT HANDLES THE JOBS PROBLEM.
President Obama wants another “stimulus” for his corrupt union buddies; unions don’t create jobs. In fact, unions inhibit job creation since they create a political bureaucracy to keep corrupt, mediocre employees who are largely unproductive. Obama is only serious about a stupid campaign PR stunt to help is dropping poll numbers to his Socialism will pass.
If Obama were serious about creating more jobs, he would stop ObamaCare, Crap & Tax, Card Check, & Amnesty 2.0. However, he’s not. Obama is proving himself to be a radical Leftist with his own Marxist agenda. He will fail.
After reading this nonsense my next guess is that BHO will want to place a new tax on business owners who pay overtime to employees. It`s just the kind of cruel and usual punishment he would come up with…..
“In Russia, things that
just don’t happen,
happen.”
This is not Russia.
This is not Europe.
This is not England.
This is where all the people from there
who did not want to live that way
went, over the last ~300 years.
We are _right_here_, watching,
and waiting for the 2010 elections,
passing the time by mentioning to our
friends, and our local officials, what a
Legendary Fail is coming our way, if we
do not reform.
High productivity does restrict job growth, at least in the short run. However, productivity growth enables wage growth in the long run, and it also eventually leads to more jobs, too.
This is exactly how the Post Office gets run. And, by the way, most all other government offices.
“My friends, we live in the greatest nation in the history of the world. I hope you’ll join with me as we try to change it.”
– Barack Obama
Mr. President, put down the checkbook to the national treasury!
Now the new stimulus will be for a new shovel ready job which entails people digging graves to bury those that die of starvation due to lack of real jobs. Of course it won’t pay alot and is hard work but you will be kept busy and if bad comes to worse you may be digging your own grave!
vivo #2
Do you hear what you saying? Or are you just a mindless parrot?
Such a degenerative post is an insult to ANY intelligent human being. My GOD! I really hope you do not believe that drivel you just posted. Shameless ASSSSSSSS.
2. Actually, vivo, losing half of your retirement savings is exactly why you’d put more money into the market. If your savings have lost value, you need to increase the amount you save in order to make up for the losses.
Skydiver please do not pay attention to vivo I just go past any thing that is posted by that handle as it is always garbage. I know it is hard to look over insane and or asinine comments but in the future it would help to just go past vivo’s comments as if they weren’t even here (even when they are).
Also have a Merry Christmas and I hope in the New Year 2010 the real change will come to boot out those in government with the same thoughts as vivo has concerning this country and its inhabitants!
As much as I detest Vivo’s continuous reactionary postings here on topics large and small, his diversionary tactics to incite rather than illuminate take a back seat to the important issues Ott raises.
So Ott, when you ressurect the spector of Unionism as nothing more than theft by legal means is it really Andy Stern that you take aim at? I don’t buy it.
And Terry with your quaint Calcutta story? I don’t see the elequence of Proust in your memories of things past.
If you both are so convinced that all things union are anti-social and anti-productive, what about Police Unions? Or Firemen? I don’t remember any ressurections about busting their chops post 9/11. How come the NYFD never gets mentioned in the same sentence with traffic controllers circa ’81?
I think you both are full of crap on this – as are most conservative commentators. When you talk about GM you aren’t talking about that union or workers today – you are talking about that union as it existed 20 & 30 years ago. And it ususally works – because it’s seared into the memories of anyone over the age of 40.
Well, when Mark Steyn refers to GM as a pensioner slush fund that hijacked a once proud US corporation – it’s barely half the story. Even with Card Check unionism is not universally despised among all conservatives. I hear a very different story coming from luninaries like Mitch Daniels of Indiana – and even Larry Kudlow.
Terry can echo his bull#$%% free-market ideology from Calcutta to XaingWONG provience all praising Ott’s Von Meises Thesis = loving the company to pieces.
Middle class Americans are up to their eyeballs in debt – both the educated and those that floated through H.S. garnering little more than an attendence certificate. I’ve read Andy Stern, I’ve watched Andy Stern – and he doesn’t fit the profile you guys try and pigeonhole him into; a bomb throwing radical.
Unionism isn’t about theft or being anti-productive. Or just tenure; sacrificing the young to aid and comfort the pensioner. Americans today don’t give a rats *&S labor history – that children died in coal mines or at looms in a fire 80 years ago.
What they do care about, and what conservatives like Daniels understand, is that they are fed up about getting screwed in a market where protections and benefits for them MIRRORS THE 1880′S RATHER THAN 1980S!
Only now it isn’t life and limb that’s at risk. Now it’s debt – that if you or your kid gets sick – you either go bankrupt or you stay poor. Just presuming that all conservatives are on board with the assinine assumption that Unionism is both antiquated and protectionist economic assassination is WRONG WRONG WRONG!!!
So Ott, if you want to make a case that it’s both – make it. But don’t just try and toss a few adjectives and claim it is so.
to: no. 21 and 23:
Thanks Steve for lookin out for sky, but dont worry, im sure he aint lookin for a new boyfriend.
As far as Vivo goes? Vivo is vivo, what you see is what you get. Vivo has some good points but what vivo fails to point out is the “obvious failures when we take away the ..”I want it now” factor of capitalism”
He thinks its all about health care and the poor. We know its all about taxes and our right to enjoyment.
Not less production.
So all that is required here is an appreciation of perspective. After all, I am quite sure you would both enjoy a good red….white and possibly a blue..
can I get an amen? I doubt it.
The facts of the business world are lost on the President both due to his total lack of business experience, and upon his attitude of pressing his own agenda no matter the facts of reality. His advisers are all career polititians or campaign consultants, friends of Michelle, financial economists or wall streeter, or academitians….none of whom have a clue of running a company.
First…the economy has meant fewer sales of products, and an impossible credit market to allow business to build up inventories awaiting any return of buying. So they cut back due to cash flow issues….but, they have skilled employees that do not want to leave….so they let go the least trained….and keep the others….who unfortunately have to do a lot of the work that used to be done by a lot more people spreading the load out….but these folks APPRECIATE the company keeping them on the payroll…they may not like it…but the alternative is worse…no job at all in this economy that OBAMA is continuing to destroy. SO OBAMA puts the worst possible spin on the employer….who is just trying to survive his business….it is WALL STREET that victimized the 401(k)s….not the employer….but as long as OBAMA and his UNION thugs demonize the business leaders….he PREVENTS anyone who owns or manages a business from taking any chances….as they see he hates them, disrespects and misunderstands their values, and promised more taxes and regulations to cram down their throats…..and he blames the GOP of putting fear on the nation….IT IS THE KENYON PRINCE OF PIECES that is “f”ing up the business community.
This administration is totaly lost. I have 30 years as a engineer at non-union company in the Detroit Metro area that designs and builds automated assembly lines for the domestic and foreign car companies. Our main goals are to reduce the workforce, reduce costs, and increase quality and productivity. We have designed lines for 3rd world countries and to do that we strip out all the automation and add workers in their place. What you end up with is something out of the early 1900′s with workers pushing cars from station to station and workers hand welding the asemblies. Those conditions where intolerable then and led to the formation the unions. This must be what they want. It makes no sense. Productivty makes goods affordable to the masses and by adding workers that do not add value to the product drives up costs for everyone and eventually the company has to shut it’s doors. Unless of coarse you’re a union shop and can turn to the taxpayers. We did a line a couple a years ago in Obama’s S Chicago District. The rules and regulations are so burdensome there I’m surprised it actually was built. We had a problem with a night shift worker not making production. They wanted us to change the machine at considerable cost. It didn’t matter that the worker assigned to that station was 350lbs and moved like a sloth. Good grief….they are stupid.
to number 27: tom
I am going to respond to a second entry to a thread. I dont usually do that, but because you are from my hometown (motown). I will. I left detroit in the seventies. I left America in the nineties. So here we go.
First off your full of it: you are no engineer and you never worked for thirty years. Otherwise you would be alot more gratful than you would be bitter, selfish and stupid…
Secondly, OBama is pro union, not anti-union (ask anyone in here) I know what Im talkin about.
Third, stop treatin /// even the rightwinger in here like they are dumb…they wont appreciat that (they consider themselves smart) trust me.
Fourth, rules and regulations, …like women…who needs them eh?
yes we do.. although..you have a good point there…
so ok you made one point..
next time dont come in here trying to be …a. american b. a detroiter … c. human … married …d. or sober…
take care
#24, 25, ….
This is not going to work with me. I was born and lived in the biggest union going ( at the time) Soviet Union. So, spare me the cr….
The gripe I have with the unions is entitlements and absolute disgust for those whop have to work for a living. You know What I’m talking about. While we are the once loosing jobs, livelihoods you – unions- demanding contracts and raises we do not have and can not afford. While we – I’m talking about those like me who pay every step of the way, and support the economy of this country, you get ALL of it FREE. Medical – no copay’s, Vacations and sick days – ALL paid, Pension – don’t even get me started. You are a hypocritical asssss. As for Fire Department and Police – Are you????? Those guys, especially FD, are HANDS OFFFFFF. When you will grow some, what do you call those, and get into a burning building to save life – then you can say something about FD. By the way, I’m not, but I did serve in the army and I know what BRAVERY is.
Merry Christmas.
As a factory manager for 30++ years, I can tell you that politicians and union bosses do not have the objective to lower headcount, but plant managers do. First you work your workers as many hours as you can, then add more workers if volume demands it (OT is cheaper than new workers to a point). Each fiscal year you deploy capital (buying automation)to reduce headcount justified by the savings of the reduction in workers. So, productivity can be raised by “cracking the whip” by small amounts, but larger and longer lasting gains are made by automating the job. The politicians and union bosses cannot change the economics regardless of their desire to get more members or votes.
OK Skydiver – do you claim the same ‘grow a pair’ restriction when it comes to the military? Does one have to serve to have an opinon?
I am the son of a pipefitter. He was the son of a western Pa mine worker who was name Ford (yes after the Modle T) born in 1908 and who was a full time child worker sorting coal – and who still graduated with full honors at 12 from a one house in Indiana Co Pa. After he broke his back – literally – he became a self-taught mechanic – and later put in 27 years w/GM.
You say unionism is ok because of the risk firefighters take on – and ditto the Police. My question is why – given a history a lot of people conviently forget from the 40′s, 50′s & 60′s (that being it worked and helped build a healthy middle class) – Unions today must be an unspeakable horror that will destroy our economy and country?
I know why Mark Steyn believes this – he’s made it clear if you read him. So are you going with Mark Cuben to BB games with him too? (* mainly requiring a ‘retainer’ that your worth millions)
Living in arguably the most anti-union state, AZ, and having grown up in Cleveland, and having a teamsters withdrawl card, I certainly have my biases.
I just believe this state wouldn’t be in the sad shape it’s in if it wasn’t ground zero for illegal immigration – that it wouldn’t have been fodder for real estate overdevelopment – because 95% of the small biz that makes up this state were tacit co-dependents welcoming the invasion – had there been a union legacy that northeasteners and midwesterners enjoyed for generations. At least the entire housing/construction biz wouldn’t completely consist of third world workers.
I don’t know how old you are. But if you are over 50 (and you sound like it) can you honestly say that when you first started out 30 years ago you would ever dream the nightmare that in our country it would one day – as it IS TODAY – be normal for a company to even call itself such and NOT OFFER MEDICAL AS PART OF WAGES?
Unionism isn’t all about theft or the criminal legacy of James Hoffa Skydiver. There were a lot of social benefits besides Truckers who raised their kids and sent them to college.
So is that so true likewise now that we have gone so far the other way? What exactly has Goldman Sacks given this country with all the generouse rewards when supposidly doin’ ‘Gods Work’ these past few years?
“11. Real Deal:
You know what would help solve some of our issues? No representation without taxation.”
A concept, along with representational taxation, I have long advocated. Representational taxation of course being, that you are assessed taxes according to the spending(national defense excluded) the officials you elect pass.
That is French economics.
Jim @ 7:
Why stop there?
Why not outlaw self-service gas stations? Imagine the job opportunities for people to stick the hose in your gas tank… what career opportunities that would open up! (Though perhaps some of the nitwits in my town would actually get their windshields washed once in a while, which is all to the good.)
And don’t forget self-service elevators. Let’s go back to the days of having someone in the elevator to push the buttons for us, because, you know, we need to give people that sort of self-esteem-boosting employment.
I could go on, but I think most people (except vivo) get the idea. And besides, it’d be fun to see what ideas other people come up with for jobs that have disappeared but that we could bring back.
“That is French economics.”
Right on. Obama may think he has found something new, but the French have been fighting productivity for years by imposing maximum hours for workers.
Obama’s statements are beginning to sound consistently Orwellian. He is winding down TARP, but the Treasury extends it. The stimulus is working, but we need more. Every day he walks farther out onto a limb by trying to sound authoritative and knowledgeable on issues with which he is unfamiliar. We have had enough time to conclude, either consciously or subconsciously, that the suit is empty…
34. That might not be such a bad idea. It’s better than people being on welfare, anyway.
Actually Vivo, the government WILL do it’s thing next spring.
It will let the Bush tax cuts expire and the average man will
have $40.00 per week less to spend. That should take care of all
those extra jobs.
the Chicoms build roads using only shovels
“Decreased Productivity = More Jobs”?
No, you’ve got it wrong. It’s like in “South Park” episode about the Underpant gnomes: how to make profit?
Phase 1: collect underpants
Phase 2: ?
Phase 3: profit
That’s what Obama probably means:
Phase 1: decrease productivity (= DESTROY CAPITALISM, INSTALL SOCIALISM)
Phase 2: ?
Phase 3: more jobs.
Unfortunately, we know why there are no jobless people in socialist countries. THEY ARE ALL IN JAIL. Socialism makes work so inattractive, that the b…es have to make laws against “parasites”. Don’t work? – to jail with you.
The same are the reasons for the laws against the low quality of work: NOBODY WANTS TO WORK in socialism. So the state has to make people work. And this is the best way to destroy quality of production. Really, why should we try harder if my neighbour doesn’t, but we get the same money? Who is THAT RETARDED (except for the Dem-voters, o.c.)?
At least now we know Obama is an Underpant Gnome, in Chief.
First the good news: According to the U..S Department of Labor Statistics, the November jobless rate fell to 10%, a 0.2% improvement over October, when unemployment hit its highest level since 1983. Better yet, according to the Kronos Retail Labor Index, 3.87% percent of job applications currently lead to a hiring. This is the highest percentage in over a year.
Reinforcing your brand with every UI contact of your plugin is important in this competitive world. Many plugins launch Jobs when when Eclipse is starting up, to refresh their data, check the license, or whatever. Some Jobs display an icon to reveal the identity and reinforce the brand.
40. Johannes Efstratiadis:
I’ll take a part time blogger position in Stockholm.
21. Skydiver:
Your intellect is amazing! I feel humbled . . .
22. myth buster:
“2. Actually, vivo, losing half of your retirement savings is exactly why you’d put more money into the market. If your savings have lost value, you need to increase the amount you save in order to make up for the losses.”
Some people lost so much they can’t recoup. That’s my point.
23. Steve DeMarcus:
I understand your attitude. I don’t mind getting no responses, I know people read my postings and are afraid to agree with them because of the mass mentality of embarrassment with peers, just like the Silent Majority. Calling me names just shows your desperation and ignorance.
24. Phoenix48:
“his diversionary tactics to incite rather than illuminate”
You got it backwards, I illuminate, then incite.
25. Poor Citizen:
“He thinks its all about health care and the poor.”
I didn’t say that this time, your words.
Thanks for the post and for sharing the very resourceful information here, great post.