Comments on: Jobs, What Jobs?

By: Leo

Leo — Thu, 14 Oct 2010 16:29:00 +0000

It does not really matter whether it created jobs or not. The whole thing about the taking tax money and creating jobs is ridiculous. Jobs should be productive as in it produces, not just create jobs for the jobs sake. Its like, you owe alot of money, owe money to creditors, then you decide, yeah lets borrow more money so i could take the money as a salary for a job cleaning the house.

By: blackoutyears

blackoutyears — Wed, 18 Nov 2009 17:53:39 +0000

Biden was on Jon Stewart last night and JS brought up the fake Arizona district issue. Biden minimized it, saying that there were seventy verifiably false cases out of 130,000 claims and that it was a matter of claims not being properly verified on the website; they’re relying on the honor system IOW, at least until someone can follow up.

By: Paul

Paul — Wed, 18 Nov 2009 15:01:06 +0000

Could it be that someone is playing fast and furious with statistics here ? You have to keep both eyes open when the government uses them !

By: Frank Hagan

Frank Hagan — Wed, 18 Nov 2009 00:12:02 +0000

You have a point, Mike, but only in so far as the balancing act between government intervention and free markets has been done spectacularly poor since the change in banking laws in the 1980s. The specific interventions to encourage the “culture of ownership” by Bush and the “non-discriminatory lending” (to people who can’t afford mortgages) by the Democrats in the past 10 years contributed more to our problems than the actions of the market itself. Big government Republicans have as much or more responsibility as the big government Democrats.

Time will tell if spending $787 billion to get 650,000, or 630,000, or … how many? … jobs will pan out. You and I will be paying for those jobs for quite a while. Meanwhile, private employers are holding back on hiring decisions while they wait to see how much more an employee is going to cost them with health care reform, cap and trade, and the onslaught of financial regulation that will make the job-crippling Sarbanes-Oxley regulations look like child’s play.

We are in for interesting times, that’s for sure.

By: Mike A.

Mike A. — Tue, 17 Nov 2009 22:53:42 +0000

“And that’s the danger in relying on government to solve economic problems. You hope the predictions are right before the biggest entity in the known universe sucks all the oxygen out of the room. ”

What’s the solution, to have the free market solve our economic problems? No danger there? Their ability to predict the financial collapse served us how well?

THAT was the big entity that sucked the oxygen out of the room the end of last year.