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The Ugly Truth About Our Economy
National Review, by Jim Geraghty

Original Article

Posted By:Ruhn, 2/13/2013 5:13:59 PM

Of course there’s State of the Union reaction and Rubio-mania in the Morning Jolt, but also an examination of the economic truths you didn’t hear last night, and probably won’t hear from an elected official for a while (snip) Okay, forget what the president said. Why has hiring been so sluggish since the Great Recession began? I’m going to look at a post from Zero Hedge, an economics-minded blog that it always interesting and sometimes understandable. Charles Hugh-Smith argues: Those who have spent their careers in government or academia have little idea what it takes to hire more people.

      


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Reply 1 - Posted by: plex, 2/13/2013 5:35:58 PM     (No. 9174740)

Oh, and degrees in the STEMS are hard work, perhaps too much for a hipster.

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Reply 2 - Posted by: QRP, 2/13/2013 5:58:50 PM     (No. 9174771)

The only way marginal people get jobs are when the economy is growing so fast that companies just need warm bodies to handle the business.
Since we have been scraping along the bottom for so long there is a huge surplus of workers many with experience that would be hired before the new grads. Now dump 8 to 10 million newly legalized aliens into the mix and it may be these people will never work again.

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Reply 3 - Posted by: wsdiego, 2/13/2013 8:03:38 PM     (No. 9174967)

Ask Nancy what happened to UN-employment when she raised the minimum wage in 2007!

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Reply 4 - Posted by: JHHolliday, 2/13/2013 9:04:25 PM     (No. 9175061)

Great article.

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Below, you will find ...

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Posted By: Ruhn- 1/24/2014 1:03:16 PM     Post Reply
It was Michael Barone who, early in President Obama’s first term, described the Obama administration as “gangster government.” With Obama now re-elected, his administration’s gangsterism has shifted into high gear. Consider the following news stories from just the last 24 hours: * Dinesh D’Souza, who made a popular documentary film critical of Obama, has been indicted on felony charges by a U.S. Attorney in New York for using straw contributors to donate $20,000 to a friend’s Senate campaign in 2012. (snip)* For the last two years, Obama’s IRS has been investigating the Friends of Abe, Hollywood’s only conservative group, and

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On November 7, President Barack Obama made a first tentative stab at an apology for the fact that, despite his often-repeated assurances to the contrary, millions of Americans were losing their health insurance plans as a result of the Patient Protection and Affordable Care Act (ACA). "I am sorry that they are finding themselves in this situation based on assurances they got from me," he told Chuck Todd of NBC News. The president´s reluctant apology was as empty as the promise that he broke. Obama was not sorry for the law or its impact on the health insurance status of

   

 

  


 
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Posted By: Ruhn- 12/3/2013 9:58:32 AM     Post Reply
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Posted By: Ruhn- 11/4/2013 2:46:16 PM     Post Reply
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Posted By: Ruhn- 10/3/2013 9:46:42 AM     Post Reply
“A lot of people talk about wanting to change Washington. Well, if we actually change Washington there’s a lot of resistance. This is what it looks like. And we shouldn’t be surprised that when Washington is being forced to change by the American people, is being forced to actually listen to the voters that there’s going to be a lot of resistance because a lot of people are vested to the status quo.” — Senator Ted Cruz on ‘The Mark Levin Show’ Finally. Recognition dawns. Last night Speaker Boehner emerged from the White House to report that President Obama and

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Posted By: Ruhn- 8/2/2013 5:50:20 PM     Post Reply
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