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Showing posts with label Unemployment. Show all posts
Showing posts with label Unemployment. Show all posts

Sunday, January 2, 2011

Lessons Liberals and their President refuse to learn

More of Victor Davis Hanson to come- he first discusses Greece in Raging Against “Them” Seems the Greeks want to blame everyone but themselves.
It’s All Greek to Us
In very un-Icelandic fashion, last week protestors in Athens tried to blow up a downtown courthouse. Over a year after the Hellenic meltdown, the Greek newspapers still reflect the popular fury—protests, strikes, senseless violence—at the mandatory cutbacks, the public sector layoffs, and the high-interest needed to attract investors to shaky Greek bonds. And yet amid the furor, 60% of the public still polls in favor of the European Union. How are we to diagnose the drowning non-swimmer who eagerly grasps—and yet hates—the life preserver?
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You get the picture:1970s Greece reflected a small southern Balkan population wedded to a siesta lifestyle, on a rocky peninsula in which there was little wealth other than tourism, a poorly developed agriculture, some shipping, and remittances from Greek expatriates in the United States and Germany.

Fast forward to the post-Olympics Greece: five star hotels, 20,000 plus private swimming pools (most of them unreported for tax purposes), half the work force ensconced in cushy government or government-related jobs, Attica dotted with Riviera-like second homes, BMWs more common than Mercedeses, billions of euros worth of new highways, and a new airport and subway system.
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Now? Oz is over with and the Greeks are furious at “them.” Furious in the sense that everyone must be blamed except themselves. So they protest and demonstrate that they do not wish to stop borrowing money to sustain a lifestyle that they have not earned—but do not wish to cut ties either with their EU beneficiaries and go it alone as in the 1970s. So they rage against reality.
Now he compares Greece and California
California Got What It Wanted
The same is true of California. Our elites liked the idea of stopping new gas and oil extraction, shutting down the nuclear power industry, freezing state east-west freeways, strangling the mining and timber industries, cutting off water to agriculture in the Central Valley, diverting revenues from fixing roads and bridges to redistributive entitlements, and praising the new multicultural state that would welcome in half the nation’s 11-15 million illegal aliens. Better yet, the red-state-minded “they” (the nasty upper one-percent who stole from the rest of us due to their grasping but superfluous businesses) began to leave at the rate of 3,000 a week, ensuring the state a Senator Barbara Boxer into her nineties.
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And now we are broke. Our infrastructure is crumbling and an embarrassment. My environs is known as “Zimbabwe” or “Appalachia” for its new third-world look that followed from about the highest unemployment and lowest per capita income in the nation. Again, thanks to the deep South, our schools are not quite last in reading and math. So of course, like the Greeks, we are mad at somebody other than ourselves. Californians are desperate for a “them” fix. But who is them? “Them” either left, is leaving, or has been shut down.
You will want to real it all.  What happens in California usually travels all across the United States in a slow pace.  Please don't let it happen here.

Thursday, April 15, 2010

More Jobs Lost - another "Who Knew?" moment

Sorry if I sound blaise about this but it just makes me think the media are such fools. They follow the party line of the Democrats and then when it doesn't pan out they are SHOCKED! SHOCKED! SHOCKED!
Of course more people are being laid off, of course foreclosures are on the rise.  We all wish it wasn't so but what is happening to change the facts?  Nothing. Nada. When business keeps getting beat up by the current congress and president why should they plan on expansion, hiring more workers or anything else but pulling in like a turtle and hunkering down?  When businesses are promised nothing but more regulation, more taxes why should they expland? 
We need someone with business experience at the helm and in congress.  This just isn't working out for us.  How about you?

Friday, March 5, 2010

Another Big Surprise, Not!

Unemployment rate remains at 9.7 percent

Economists had expected the snowstorms to have a bigger impact, but job losses were surprisingly mild in February as employers cut 36,000 jobs.
A few days ago while listening to news on the radio we heard how bad the snowstorms were going to impact unemployment. We had the thought that the MSM and Obama administration were try to lessen the impact of bad news.
The snowstorm wouldn't actually have anything to do with unemployment, just with how many days were worked. It might have an impact on how much money would be made by department stores and individual as no one would be shopping anywhere but the grocery stores and individuals would not make as much if they were unpaid days off.
It doesn't have anything to do with unemployment as an immediate effect. It may later, as some smaller stores may have to close because of their financial situation. But with this headline The One is covered. Not his fault.  Move along.