CEOs tell The Washington Post why they're not hiring
 

it makes sense.

Democrats say we need more stimulus, and Republicans say we need less regulation and lower taxes. But CEOs say the real problem is that they simply don't trust American consumers will open their wallets in the coming years.
http://www.washingtonpost.com/wp-srv...d=top_business

And why wont customers wont open their wallets? Because we know we, the tax payer, are getting taxed and regulated, to fucking death. So it looks like the Republicans are right.

Not easy for the 17% who are unemployed to open their wallets right now.

And many who have jobs are not spending because they aren't sure they will continue to have jobs.

^ this

and can you reply to the email I sent a few days ago? Never heard back from you :)

US average 9.7.

Those are not real numbers.

I think he is referring to the U6 Unemployment rate which is considered by many to be a more accurate reflection of reality.

thats how many people are collecting unemployment, not how many are unemployed

someone tell those CEO's that they haven't given the american worker a decent raise in decades now.

http://americaneconomicalert.org/Ima...ID2227_1_1.gif

How are you getting regulated and taxed to death? Please explain ?
Is there some invisible tax barry launched I didnt see?

Yeah people tend not to employ workers when there is uncertianty in the air. The serious talk about a double dip recession will spook business too.

people have no money. they are not buying. adapt or die.

anyways, all politicians are crooked and stupid, and the media is willingly manipulated. nothing will save america. prepare for it. adapt or die.

China lends, America spends ...

Didn't think it would last forever did you?

What are you doing to adapt and not die?

Corporations have done nothing but screw over the consumer for year and years. And they want to know why we don't spend...


Spanx!
Jack

9.7% is of people who are actively looking for jobs. Those who stopped aren't counted as unemployed so the number of jobless is higher

"Stimulus" is pure fraud. Nothing has been stimulated except the buddies of the Obama administration.

Consumers will open their wallets if they have jobs, and companies will hire them if taxes are lowered and success isn't punished.

So, lower taxes and stop regulating to death!

good post....

credit fueled unsustainable growth...

when the credit dried up, so did the spending..

people only tend to look at consumer credit, but the fact is that business credit has dried up as well and companies are having a hard time getting the credit they would normally use to weather economic storms..

on top of that, productivity is up because fewer people are doing the same amount of work that two or three people used to..

i attribute this to people working harder so they can keep their jobs..

the perfect storm has been brewing for years and a lot of this can be blamed on US companies sending jobs and manufacturing overseas...

unless some major changes are implemented and implemented quicky, this recession could last for decades... :2 cents:




.

The CEOs aren't telling the truth either.

Productivity - the measure of profit per employee - is up. Employees on the payroll are working harder for the same pay. Many companies are actually showing better margins, even with slipping sales. And not all companies are showing slipping sales. Some are doing quite well, AND they've laid off thousands, making themselves more profitable.

There is simply no reason to hire. That's the plain simple truth of it.

Word. Corporate america don't pay americans jack shit, ship their jobs overseas, & then banks turn the screws with foreclosures & 30% credit cards. Maybe these dumb fucks at the top of the food chain should give up a yacht or 2 so their employees can get off the dollar menu.

Republicans? Right?


http://screwedus.com/wp-content/uplo...lin-whoosh.jpg

Its the consequence of a global economy. People seem to thing they are owed a job, or somehow owed something because others are better off. Shit is only going to get worse as more and more companies and businesses can access labor markets overseas who do a better job at a fraction of the cost. You are owed nothing.

17%?? where did you get that

"buddies" as if anybody in politics, red or blue, or anybody in business rich or poor does it any differently