Home
Blog
Radio
Missing Persons
Crime
April 18, 2024, 06:24:15 PM
Welcome,
Guest
. Please
login
or
register
.
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
News
:
NEW CHILD BOARD CREATED IN THE POLITICAL SECTION FOR THE 2016 ELECTION
Home
Help
Login
Register
Scared Monkeys Discussion Forum
>
Current Events and Musings
>
Political Forum
> Topic:
Where are the American jobs? Job in the USA?
Pages:
1
Go Down
« previous
next »
Print
Author
Topic: Where are the American jobs? Job in the USA? (Read 1467 times)
0 Members and 1 Guest are viewing this topic.
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Where are the American jobs? Job in the USA?
«
on:
August 17, 2010, 01:47:31 PM »
Quote
...Two weeks ago, Geithner had the temerity to say:
* "Business investment and consumption -- the two keys to private demand -- are getting stronger, better than last year and better than last quarter.
* "Even the surge in imports, which lowered the rate of increase of GDP, actually reflects healthy and growing American demand.
* "American families are saving more, paying down their debt and borrowing more responsibly.
* "The auto industry is coming back, and the Big Three -- Chrysler, Ford and General Motors -- are now leaner, generating profits despite lower annual sales.
* "The White House and Congress helped save 8.5 million jobs."
This is egregious 'spinning' -- and it's out of control.
Almost every day, Mr. Geithner gilds the economy's lily in inappropriate attempts to delude American workers into believing that: business investment is in fine shape when in fact businesses are sitting on an unprecedented $2 trillion of cash precisely because of 'uncertainty'; the "surge in imports" is "healthy" when in fact it is an ongoing nightmare (i.e., just in June the overall U.S. trade deficit in goods and services surged 19% to a 21-month high of $49.9 billion); income inequality is not so unequal when in fact it is at its highest level since 1928; the "auto industry is coming back" when in fact most of its vigor is coming from cutting domestic employment in favor of offshoring; and "8.5 million" jobs have been saved by the White House when just a few weeks ago Geithner himself used the figure of "3 million" for jobs created and saved.
Quote
Here are some additional truths about our economy, over and above the sad income inequality truths that now hang over our nation like a plague:
* The real unemployment rate is 18.3%, not the 9.5% official rate the administration uses.
* The number of real unemployed workers in all four categories of unemployment is 29.3 million, not the administration's one-category-only figure of 14.6 million.
* Since the start of the Obama administration, the number of real unemployed workers has increased by 4.6 million. By contrast, the economy needs to add around 150,000 new jobs each month simply to keep up with population growth.
* In real terms the all-important "jobs gap" is 21.3 million new jobs.
* The average number of weeks unemployed is at least 34.2, and the number of workers unemployed a half year or longer is at least 10.1 million.
Mr. Geithner's rhetorical deceptions mask the ineffectiveness of the only two potentially meaningful job-creation initiatives -- aid to the states and the bailout of Detroit -- that he and Summers largely put together, while letting him ignore the several initiatives, including trade reform, which could actually create, relatively quickly, millions of jobs.
Quote
Congressman John Dingell of Michigan has written that, "the U.S. automakers benefitted greatly from federal largesse and they should feel morally compelled to retain and create as many domestic jobs as possible." Obviously the automakers don't agree, nor, when it had the opportunity, did Treasury demand that they do so. Here are a few more truths:
* GM has invested a staggering $4.1 billion in Mexico over just the last four years, and after quickly shedding thousands of American jobs in the 'bailout', it recently announced a further $500 million investment in its Ramos Arizpe, Mexico plant to produce a new vehicle and a new line of engines there.
* Chrysler announced in February that it will spend $550 million to retool its Toluca, Mexico factory to assemble the subcompact Fiat 500 model.
* Ford has announced $3 billion in new investments throughout northern Mexico just since 2008.
Driving all of this home is the statement two weeks ago from Ed Whitacre, the Chairman and CEO of General Motors. Whitacre, it is said, is so eager to rid GM of the "stigma" of being government owned that he wants Treasury to sell its entire stake in the company during GM's upcoming initial public offering of stock. "We want the government out, period," he has said.
When Mr. Whitacre speaks of "stigma" I think he means that he doesn't want any scrutiny of his company's ongoing offshoring moves, which should have been largely prohibited by Treasury in return for the massive government aid which saved his company's bacon.
He probably also means he doesn't want Congress scrutinizing the company's embarrassing purchase three weeks ago, for $3.5 billion, of AmeriCredit, a subprime lender which, at a time of unprecedented 'financial illiteracy' and continuing financial chicanery, is committed, as the New York Times wrote, to "extending loans and leases to [GM] customers with questionable credit".
http://www.huffingtonpost.com/leo-hindery-jr/treasury-secretary-geithn_b_684565.html
Who's going to make good on all those bad loans? Taxpayers in the USA? Future generations?
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
WhiskeyGirl
Monkey All Star Jr.
Offline
Posts: 7754
Re: Where are the American jobs? Job in the USA?
«
Reply #1 on:
August 17, 2010, 01:51:00 PM »
I remember reading about so many American auto startup companies - whole vehicles, battery manufacturers/innovators that lost stimulus/recovery money to foreign nations/workers/companies and GM/Chrysler.
American innovation lost out to patronage jobs and foreign/business/unions interests.
When will those in Washington work for American workers? Someone has to work and create wealth to support Obama's spending, debt, and growing welfare state.
Where are the jobs? The innovation?
The only thing growing in America since stimulus, is stagnation and decay.
jmho
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
Pages:
1
Go Up
Print
Scared Monkeys Discussion Forum
>
Current Events and Musings
>
Political Forum
> Topic:
Where are the American jobs? Job in the USA?
« previous
next »
Jump to:
Please select a destination:
-----------------------------
FORUM RULES
-----------------------------
=> Forum Rules and Tips
-----------------------------
Polls, Polls and more Polls
-----------------------------
=> Missing Persons Polls
=> Current Events/News Polls
=> Crime and Trial Polls
=> Just For Fun Polls
-----------------------------
Missing Persons - High Profile
-----------------------------
=> Missing Persons High Profile
===> Dylan Redwine, 13yrs old, last seen 11/19/12, Vallecito, CO
===> Kyron Horman - Portland Oregon
===> Caylee Marie Anthony - Florida (BODY FOUND)
=====> Caylee's Law - by State
=======> Caylee's Law - text
=======> ALABAMA
=======> ALASKA
=======> ARIZONA
=======> ARKANSAS
=======> CALIFORNIA
=======> COLORADO
=======> CONNECTICUT
=======> DELAWARE
=======> DISTRICT OF COLUMBIA
=======> FLORIDA
=======> GEORGIA
=======> HAWAII
=======> IDAHO
=======> ILLINOIS
=======> INDIANA
=======> IOWA
=======> KANSAS
=======> KENTUCKY
=======> LOUISIANA
=======> MAINE
=======> MARYLAND
=======> MASSACHUSETTS
=======> MICHIGAN
=======> MINNESOTA
=======> MISSISSIPPI
=======> MISSOURI
=======> MONTANA
=======> NEBRASKA
=======> NEVADA
=======> NEW HAMPSHIRE
=======> NEW JERSEY
=======> NEW MEXICO
=======> NEW YORK
=======> NORTH CAROLINA
=======> NORTH DAKOTA
=======> OHIO
=======> OKLAHOMA
=======> OREGON
=======> PENNSYLVANIA
=======> PUERTO RICO
=======> RHODE ISLAND
=======> SOUTH CAROLINA
=======> SOUTH DAKOTA
=======> TENNESSEE
=======> TEXAS
=======> UTAH
=======> VERMONT
=======> VIRGINIA
=======> WASHINGTON
=======> WEST VIRGINIA
=======> WISCONSIN
=======> WYOMING
=====> Caylee Marie Anthony Murder Trial Archives
===> Sierra Lamar, 15yrs old, Morgan Hill, CA Missing Since March 16, 2012
===> JO ANN (JODIE) BAIN AND 3 DAUGHTERS MISSING 4/27/2012(2 murdered 2 safe)
===> Isabel Mercedes Celis, 6 yrs old missing 4/21/12 Tucson, AZ (Body Found)
===> Jennifer Kesse - Orlando/Ocoee, Florida
===> Susan Powell 28yrs old, missing 12/6/09 West Valley City, Utah
===> Michelle Loree Parker, Last Seen 11/17/11, Orlando, FL
===> Celina Cass, 11yrs old missing 7/25/11 New Hampshire
===> Aliayah Lunsford, 3yrs old, Weston, West VA, missing since 9/24/2011
===> Lisa Irwin, 10mo old missing since 10/4/2011 KC, MO
===> Robyn Gardner missing in Aruba August 2, 2011
=> Missing Persons - High Profile - Archives
-----------------------------
Virginia Area Missing and Murdered - possible connections
-----------------------------
=> Morgan Dana Harrington, 20yrs missing VA Tech 10/17/09(BODY FOUND)
=> Hannah Elizabeth Graham missing since 9/13/14 Charlottesville, VA
=> Alexis Murphy, missing since 8/3/13 Charlottesville, VA
=> Samantha Ann Clarke 19yrs. old Orange Va. Last seen 09/13/10
=> Dashad Sage Smith missing since 11/20/12 Charlottesville, VA
=> Cassandra Morton 23, Lynchburg, missing 10/10/09 body found 11/29/09
-----------------------------
High Profile Crimes and Trials (not missing persons)
-----------------------------
=> Jodi Arias trial - for the murder of Travis Alexander
=> Trial of George Zimmerman - 2nd Degree Murder of 17yr old Trayvon Martin
=> Scott Peterson Appeal of Murder Conviction
-----------------------------
Missing, Exploited and True Crime
-----------------------------
=> Missing Exploited and True Crime
===> Missing Persons Forum
=====> Missing Found or Presumed Deceased
=====> Missing Found Safe
=====> Missing Endangered Runaways
=====> Resourses, Search Groups and Fundraisers
===> Crimes Against Children, Elderly and the Disabled
===> Crimes of Passion/Anger
===> Serial Killers and Their Possible Victims
===> Unsolved Crimes
=====> Finally Solved
===> Haleigh Marie Cummings - Florida
===> Adji Desir - Florida
===> Somer Renee Thompson 7 yo, Orange Park FL 10/19/09(BODY FOUND)
===> Tracy Ocasio - Orlando/Ocoee, Florida
===> Shaniya Nicole Davis, 5 Fayetteville, NC Missing 11/10/09(BODY FOUND)
===> Holly Bobo, 20yrs old missing Parsons, TN 4/13/11
===> Hailey Dunn - 13yrs old - Colorado City, TX missing 12/27/10 (Body Found)
===> Elizabeth Olten - 9yrs, Jefferson City, MO missing 10/21/09 (BODY FOUND)
===> Lindsey Baum - McCleary, WA 6/26/09
===> Amber Leeanne Dubois 14yrs old - Escondido, CA(BODY FOUND)
===> Chelsea King, 17, Missing 2-25-2010 Rancho Bernadino CA (BODY FOUND)
===> Sandra Cantu, 8 years old - Tracy, CA(BODY FOUND)
===> Madeleine McCann - Portugal
===> Christine Marie Sheddy - missing since 11/13/2007 - Maryland(BODY FOUND)
===> Nevaeh Amyah Buchanan 5yr Monroe Michigan(BODY FOUND)
===> Gabriel Johnson 8 mo., last seen 12/26/09 Tempe AZ-San Antonio TX
===> Stacy Ann Peterson missing & Kathleen Savio murdered - Illinois
===> Zahra Clare Baker - 10yrs old Hickory, NC (Body Found)
-----------------------------
Natalee Holloway
-----------------------------
=> Natalee Holloway
=> Important Case Documents
===> Joran Statements/PV's
===> Paulus Statements/PV's
===> Deepak Statements/PV's
===> Satish Statements/PV's
===> Misc Statements/PV's
=> LCD Archive
=> Shango/Simian and other Codetalkers
-----------------------------
Current Events and Musings
-----------------------------
=> Monkey Musings / Open Discussion
=> Pop Culture Main
===> Hugely Popular TV Shows
===> Movies and Television
===> Social Media
===> Music
===> Books
===> Scared Monkeys Radio with Dana Pretzer
=> Health and Medical Issues
=> Food and Product Recalls
=> News of the Day
=> Business News
=> Sports
=> Political Forum
=> Religion (discussion and debate)
-----------------------------
The Monkey Lounge
-----------------------------
=> The Monkey Lounge
===> Fashion & Decorating
===> What's Cooking? Recipes
===> Games
=> Inspirational
===> Memorial - Gone but Never Forgotten
===> Gratefulness - Light a Candle in Prayer
===> Inspirational scriptures, songs, stories and prayers
-----------------------------
Natalee Discussions (2005 ARCHIVE)
-----------------------------
=> Natalee Holloway
=> Theory and Speculation
=> Links and References Only
=> Natalee Breaking News Archive
-----------------------------
General Discussions (2005 ARCHIVE)
-----------------------------
=> News Issues
=> Chit Chat
Loading...