Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Wednesday, February 08, 2012
Tuesday, August 18, 2009
Jobless Recovery
I think the jobless recovery is due to many things, but one reason is that companies are getting more productivity from the surviving workforce. People are worried that they'll lose their job, so they are putting in overtime to make up for the employees laid off, like myself.
The thing is, I don't see an end to this. We are in a death spiral. I think we've been on this path for a very long time, ever since the deficit spending of the eighties. Couple the government's fiscal mismanagement with the decline of education and you have a recipe for the end of America. This saddens me greatly. I didn't think my generation or the next would fail.
Who cares about health care reform when the existing government social programs are all bankrupt. Adding universal health care will just add more fuel to the fire.
In the end, I think by 2015, if not sooner, America will be morally and financially bankrupt. Hyperinflation will rule and the breakdown of American society will have commenced. I don't know what will happen. The Feds will try to hold on through force and the States will try to break away.
Maybe connected states will try to form new nation states. All I know is that it will be a mess and it will get ugly. Once the government starts to fall apart, it will be every man for himself.
This didn't need to happen, but We the People have let it develop by electing people who were more concerned with themselves and their ambition rather than the common good.
Our culture has reflected these values and has contributed to this decline.
I think the jobless recovery is due to many things, but one reason is that companies are getting more productivity from the surviving workforce. People are worried that they'll lose their job, so they are putting in overtime to make up for the employees laid off, like myself.
The thing is, I don't see an end to this. We are in a death spiral. I think we've been on this path for a very long time, ever since the deficit spending of the eighties. Couple the government's fiscal mismanagement with the decline of education and you have a recipe for the end of America. This saddens me greatly. I didn't think my generation or the next would fail.
Who cares about health care reform when the existing government social programs are all bankrupt. Adding universal health care will just add more fuel to the fire.
In the end, I think by 2015, if not sooner, America will be morally and financially bankrupt. Hyperinflation will rule and the breakdown of American society will have commenced. I don't know what will happen. The Feds will try to hold on through force and the States will try to break away.
Maybe connected states will try to form new nation states. All I know is that it will be a mess and it will get ugly. Once the government starts to fall apart, it will be every man for himself.
This didn't need to happen, but We the People have let it develop by electing people who were more concerned with themselves and their ambition rather than the common good.
Our culture has reflected these values and has contributed to this decline.
Tuesday, March 31, 2009
Letter to Senator John Cornyn
Economy/Jobs
I'm primarily a conservative libertarian and believe that government is the problem, not the solution, BUT I think when it comes to getting people back to work, the government needs to compell businesses to hire Americans first.
I'm an unemployed IT professional and I see lots of great jobs that I almost qualify for, but not quite. Why don't businesses consider that someone may be qualified enough for a position, despite the fact that they might not have exactly what is required.
Please consider these two things:
1. Businesses must hire citizens before hiring anyone imported into this country on an H1B visa.
2. If a job has been posted for 30 days without anyone meeting the businesses specific requirements, the government should compell the business to hire the next best qualified candidate or else face penalties.
Why do I propose this? Well, companies today often require specific technical expertise or years of experience in a specific skill, yet companies are not willing to train or develop employees with those skills. Everyone needs to be responsible for their personal development, but without the opportunity to gain experience in a production environment, having the education is not enough. Government needs to encourage businesses to develop the workforce of today and tomorrow with incentives or otherwise face penalties.
This needs to be done sooner rather than later or else this recession will deepen and last a lot longer than it needs to last. Foreign businesses operating in this country need to be required to develop the local workforce before they move workers from their company's home country.
Thank you for your consideration of my proposal and I hope that you will work to shepherd this through congress.
Economy/Jobs
I'm primarily a conservative libertarian and believe that government is the problem, not the solution, BUT I think when it comes to getting people back to work, the government needs to compell businesses to hire Americans first.
I'm an unemployed IT professional and I see lots of great jobs that I almost qualify for, but not quite. Why don't businesses consider that someone may be qualified enough for a position, despite the fact that they might not have exactly what is required.
Please consider these two things:
1. Businesses must hire citizens before hiring anyone imported into this country on an H1B visa.
2. If a job has been posted for 30 days without anyone meeting the businesses specific requirements, the government should compell the business to hire the next best qualified candidate or else face penalties.
Why do I propose this? Well, companies today often require specific technical expertise or years of experience in a specific skill, yet companies are not willing to train or develop employees with those skills. Everyone needs to be responsible for their personal development, but without the opportunity to gain experience in a production environment, having the education is not enough. Government needs to encourage businesses to develop the workforce of today and tomorrow with incentives or otherwise face penalties.
This needs to be done sooner rather than later or else this recession will deepen and last a lot longer than it needs to last. Foreign businesses operating in this country need to be required to develop the local workforce before they move workers from their company's home country.
Thank you for your consideration of my proposal and I hope that you will work to shepherd this through congress.
Thursday, March 05, 2009
Monday, February 16, 2009
32 More Positive News Items
Air Liquide Fiscal-year Net Profit Up 9%
Czech Economy Grows By 1% in Fourth Quarter of 2008
Cognizant Technology Fourth-quarter Profit Rises 17%
Nordic American Tanker Profit Climbs On 'sound' Market
Pernod-Ricard Half-year Net Profit Up 5%, Confirms Guidance
Foreclosures Fall from December to January
Strayer Revenue Up as Enrollment Rises
Smith & Nephew Profit Steady
Better-than-expected Results Lift CB Richard Ellis Shares
Genzyme's Profit Rises in Fourth Quarter
GE to Sell Saudia Arabia Nearly $1 Billion in Gas Turbines
Dean Foods Quarterly Profit More Than Doubles
3M Lifts Quarterly Dividend 2% to 51 Cents a Share
Macerich Profit Climbs 58%
Genesee & Wyoming Profit up 81%
DaVita 4th-quarter Net Up 15% on 7.8% Higher Revenue
Vestas Wind Systems 4th Quarter Revenue Gains 31%
Daily Mail Operating Profit Ahead of Group Expectation
Danone Quarterly Sales up 10%
Reckitt Benckiser Quarterly Net Income Up 36%
Computer Sciences Posts Profit
ProLogis Shares Rise on Earnings, Outlook
Intel Plans Two-year, $7 Billion Investment in U.S. Plants
Expeditors Posts Higher Fourth-quarter Profit
DirecTV Earnings per Share up 6.7% in Quarter
Genesee & Wyoming Carloads Up 12.2% in January
Patriot Coal Swings to Profit as Sales Jump
McDonald's January Global Comparable Sales Up 7.1%
Kirin Holdings Fiscal Year Net Income Up 28% to $878 Million
Elan Corp Swings to Quarterly Net Profit
Lorillard Earnings per Share Up 24%
U.K. Comparable Retail Sales Up 1.1% in January
Thursday, February 12, 2009
15 Positive News Items
There is too much negativity going on right now. So to remedy that, here is some positivity to consider.
There is too much negativity going on right now. So to remedy that, here is some positivity to consider.
Embarq Fourth-quarter Profit Rises To $1.34 a Share
McAfee Profit Rises On 19% Revenue Gain
Mortgages Rates Fall After Last Week's Increase
T. Rowe Price Raises Quarterly Dividend To 25 Cents
Weekly Jobless Claims Drop 8,000 to 623,000
Freddie Mac: 30-year Fixed-rate Mortgage Average Falls
Coca-Cola Profit Tops View, Shares Rise
Netflix Passes 10 Million-subscriber Mark
Retail Sales Jump 1% in January
Progress Energy Net Income Rises 4%
Teradata Earnings Per Share 4.7% Higher In Quarter
NRG Energy Net Income Nearly Triples
Northwest Natural Gas' Fourth-quarter Profit Rose 12%
Stifel Financial Generates 5% Quarterly Revenue Growth
Diageo: 6-month Net Profit Up 16%
Subscribe to:
Posts (Atom)