While calling the latest job losses astounding, President Barack Obama said Friday he will not accept a future marked by a recurring cycle of Americans forced out of work due to economic woes.
While calling the latest job losses astounding, President Barack Obama said Friday he will not accept a future marked by a recurring cycle of Americans forced out of work due to economic woes.
This should be interesting to watch!!
Slàinte,
Patch
If he really means what he says (which I greatly doubt) instead of following the words of his Chief of Staff, Rahm "Dead Fish" Emanuel, "You never want a serious crisis to go to waste", and wasting time "fixing" healthcare, education, and energy, how about instead focusing on the banking and the economic issues that are dragging the economy down.
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MacE AKA Steve Ewing
I know that my Redeemer lives, and that in the end he will stand upon the earth. Job 19:25
"Non sibi sed patriae!"
Reviresco (I grow strong again) Clan MacEwen motto
Audaciter (Audacity) My Ewing Family Motto (descendants of Baron William Ewing of Glasgow, born about 1630)
"Better to remain silent and be thought a fool than to speak out and remove all doubt." Abraham Lincoln
"Igitur qui desiderat pacem, praeparet bellum." from "Epitoma Rei Militaris," by Vegetius
He has been in Elkhart Indiana and Columbus Ohio of late discussing jobs and the economy in the promotion of the stimulus bill. In both instances he came off as "grabbing at straws. The economy has since worsened in both locations, particularly in Elkhart!
The latest job losses are just another reason to entice small companies to remain and regain footing here in America w/tax incentives. Just say no to corporate lobbying and bring back entreprenurial spirit!
Jillian
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"Disappointments are inevitable. Discouragement is a choice."
The latest job losses are just another reason to entice small companies to remain and regain footing here in America w/tax incentives. Just say no to corporate lobbying and bring back entreprenurial spirit!
Jillian
Sorry to report this but the current attitude among many of the "small" business people is that they are "Going Galt" and cutting back on business, employees, and you name it. The Obama/Democrat theory of taxing the rich ($250,000.00 a year and more) strikes right at the heart of small business, which are most often set up a Sub Chapter S or as a Sole Proprietorship in which all income is reported on the owner's income tax.
The "small" business I worked for, until we were "merged" with a large worldwide publicly traded corporation, employed 30 to 50 people and had a gross income of up to $10,000,000.00 a year. Why would would an owner of a business like that want to expand his/her business just to give the government more money?
Astounding????? Did he think that just because he was president now, that this would all go away? Just one more example of how truely clueless he and his party are!
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Hoka Hey! The more Liberals I meet, the more I like my dogs!
Sorry to report this but the current attitude among many of the "small" business people is that they are "Going Galt" and cutting back on business, employees, and you name it. The Obama/Democrat theory of taxing the rich ($250,000.00 a year and more) strikes right at the heart of small business, which are most often set up a Sub Chapter S or as a Sole Proprietorship in which all income is reported on the owner's income tax.
The "small" business I worked for, until we were "merged" with a large worldwide publicly traded corporation, employed 30 to 50 people and had a gross income of up to $10,000,000.00 a year. Why would would an owner of a business like that want to expand his/her business just to give the government more money?
Jay Leno had a headline tonight which made me laugh: "Republicans Offended At The Size of Obama's Package"! ...
Republicans aside, as far as I'm concerned, there's not much to laugh about this President, so I'm desparate for some comic relief. Keep up the Irish Obama stuff and other assorted nonsense, please!
U.S. private sector axes 742,000 jobs in March Wed Apr 1, 8:38 am ET
NEW YORK (Reuters) - Job losses in the U.S. private sector accelerated in March, more than economists' expectations, according to a report by ADP Employer Services on Wednesday. Private employers cut jobs by a record 742,000 in March versus a 706,000 revised cut in February that was originally reported at 697,000 jobs, said ADP, which has been carrying out the survey since 2001. The big drop foreshadows a huge decline in the non-farm payroll reading in the government's employment report that will be released on Friday, some analysts said. "It's a terrible number. It is almost a loss of three quarters of a million jobs which is possibly the highest we have seen so far over the length of this crisis," said Matt Esteve, foreign exchange trader with Tempus Consulting in Washington. U.S. stock futures and the dollar fell after news of the bigger-than-expected job losses, while U.S. Treasury bonds regained some of their lost ground. Economists had expected 655,000 private-sector job cuts in March in the ADP report, according to a recent Reuters poll.
Slàinte,
Patch
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