Let’s get one thing straight: America is not facing a fiscal crisis. It is, however, still very much experiencing a job crisis. In fact, of course, it’s just the opposite: The danger is that the deficit will come down too much, too fast. And the reasons that might happen are purely political; we may be about to slash spending and raise taxes not because markets demand it, but because Republicans have been using blackmail as a bargaining strategy, and the president seems ready to call their bluff.Read more »
That's their long-term plan.
“We’re headed in the right direction,” explained Rep. Chaka Fattah (D-PA) said on MSNBC’s Al Sharpton program. And then he went on to explain how Obama will win among unemployed who wish to keep “their benefits.”Read more »
Hours before unemployment officials were to determine whether he was physically fit for work, an Austrian man sawed off his left foot with an electric saw, Austrian broadcaster ORF reported. The 56-year-old man had just learned that his benefits could be slashed if he did not accept work found for him, the Daily Mail reported. He reportedly placed the severed foot in a wood stove to make sure doctors could not reattach it to his leg. Meticulous, perhaps, but possibly not a success. Url may still qualify for work despite the amputation, the Daily Mail reported.Read more »
A woman is pulled over in a traffic stop only to find out there is a warrant for her arrest because she is unable to pay a medical bill....Read more here:Read more »
This article was posted in the comments section of this boing_boing story about a Starbucks barista that posted a job rant on YouTube for which he was later fired (http://boingboing.net/2011/09/21/baristas-starbucks-rant-song-gets-him-f... ).
I thought the FTL family would enjoy parsing the lunacy of a doctrine that many out there fully buy into.
Read it and you'll enjoy gems like this:
"In fact, the right to a job is a matter of law—and has been for 62 years!"Read more »
Over the past few years the media has continually written that they are "unexpectedly" reporting on bad economic data. How long until they wake up and start expecting the reports that are following the same trend month after month?Read more »
Many Californians have become cynical about the padded pensions of government retirees. There are at least a couple of reasons: The sizable number who are earning as much or more in retirement than they did while working -- which would be impossible in the private sector -- and the number whose pensions are $100,000 or more, sometimes at age 50.Read more »
Could jobs that were once outsourced to India come back to the US? It seems that could happen.
Pramod Bhasin, CEO of Indian outsourcing giant Genpact, said he will move jobs to America because high US unemployment is pushing wage rates below that of what he's having to pay in India.Read more »
She's encouraging high unemployment and more welfare.Read more »
One of the alleged 162,000 jobs created in March can be found in Snohomish, Washington. Although the gig only pays $8.55/hour, it’s a real resume builder. What minimum wage job posted on Craigslist inspired 260 applications from people aged fourteen to sexagenarian? Why, being a kennel helper at Roscoe’s Ranch, owned by Guy Palumbo, of course.Read more »
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