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(MSNBC) Obvious Ric Romero reports that "jobless consumers will hold back recovery." It's not news, it's MSNBC   (msnbc.msn.com) divider line 77
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OregonVet [TotalFark] 2009-07-05 11:37:56 AM  
Brilliant.

 
Fark Me To Tears [TotalFark] 2009-07-05 11:57:08 AM  
FTFA: The government jobs report for June Thursday pointed to a continued slowdown in the wave of layoffs that has sidelined more than six million workers since the recession began in Dec., 2007. Once that pace of layoffs eases and the unemployment rate peaks, consumers may get back into a spending mood, according to Merrill Lynch economist Drew Matus.

This is like saying the number of nuclear detonations has slowed down, indicating a possible recovery from WWIII.

Workers are still being laid off in huge numbers. Employers are still cutting the pay of those whom they continue to employee. Until this crap stops, the economy is not going to "recover."

It's about the jobs and the pay, folks. As long as employers keep cutting jobs and pay, the economy is going to stay in the toilet. The employees being screwed over are also the consumers that the economy is depending on to turn things around. Employers don't seem to understand this.

 
Fark Me To Tears [TotalFark] 2009-07-05 01:00:54 PM  
Fark Me To Tears: Workers are still being laid off in huge numbers. Employers are still cutting the pay of those whom they continue to employee.

FTFM

/unemployed
//forgetting how to type

 
elchip [TotalFark] 2009-07-05 02:34:04 PM  
Fark Me To Tears: This is like saying the number of nuclear detonations has slowed down, indicating a possible recovery from WWIII.

That's not a very good analogy. Layoffs have slowed down, and since unemployment is generally considered to be a lagging metric in gauging the economy, we may very well be coming out of the woods.

 
Hick [TotalFark] 2009-07-05 02:34:16 PM  
The stimulus bill will...
/nm

 
rat_brain_flies_plane 2009-07-05 02:34:38 PM  
Fark Me To Tears: Employers don't seem to understand this.

Employers don't seem to understand a lot of things and that is one of the greatest problems I see in this country.

 
PinkoLeftist 2009-07-05 02:35:08 PM  
Damn those jobless consumers! Get out there and spend spend spend! Damn slackers!

Oh, and buy a house while you're at it!

/oh, and uh pay us more taxes, the gov coffers are a bit low right now...

 
maddogdelta [TotalFark] 2009-07-05 02:36:23 PM  
Fark Me To Tears: It's about the jobs and the pay, folks.

[sarcasm]You obviously have never taken a class in economics. Because, according to the latest wonderful ideas in economics, everyone in America is a consumer with a 6 figure income who can spend all that cash on crap made in China. Outsourcing all jobs to China won't hurt at all, because everyone in America has no job that will be shipped to China, so it all works out. We outsource the jobs, but that will help this nation of 6 figure, unemployed consumers because they will pay less for Chinese crap. Now does it make sense? [/sarcasm]

// never made sense to me either.

 
Mad-n-FL 2009-07-05 02:37:44 PM  
Godless atheists will hold back the rapture too.

 
dead_dangler [recently expired TotalFark] 2009-07-05 02:39:44 PM  
I don't understand. For years people lived beyond their means. Why would not having a job matter?

/have you seen how big plasma TV's are lately?
//life's not worth living without an iPhone

 
SharkTrager 2009-07-05 02:40:13 PM  
Fark Me To Tears: FTFA: The government jobs report for June Thursday pointed to a continued slowdown in the wave of layoffs that has sidelined more than six million workers since the recession began in Dec., 2007. Once that pace of layoffs eases and the unemployment rate peaks, consumers may get back into a spending mood, according to Merrill Lynch economist Drew Matus.

This is like saying the number of nuclear detonations has slowed down, indicating a possible recovery from WWIII.

Workers are still being laid off in huge numbers. Employers are still cutting the pay of those whom they continue to employee. Until this crap stops, the economy is not going to "recover."

It's about the jobs and the pay, folks. As long as employers keep cutting jobs and pay, the economy is going to stay in the toilet. The employees being screwed over are also the consumers that the economy is depending on to turn things around. Employers don't seem to understand this.


One of my co-workers is fond of reading the business press (e are in project accounting) and forwards articles to our Regional Vice President.

I was really stunned at how excited she got about an article a month ago that stated unemployment hadn't gone up as much in the prior month. Most of us grasped that just because news isn't as bad doesn't necessarily make it good news.

 
Cyrus982 2009-07-05 02:40:45 PM  
How about... the lack of jobs other than min. wage fast food bullshiat will hold back recovery, because people would rather be unemployed than take the worst kind of work for the least amount of pay.

China's doin' pretty good right now though... with all those manufacturing jobs that we used to have here. Guess someone should have told the rich elite that moving all the good jobs out of the US was a bad idea, because now that most people can't make decent money they don't have any to spend on the useless shiat we used to buy in droves, and that's what was keeping the great beast of capitalism alive and well all these years.

 
labberdasher 2009-07-05 02:41:23 PM  
I think we should tax people standing in water.

/NIOOF

 
FunkOut [TotalFark] 2009-07-05 02:43:25 PM  
maddogdelta: Fark Me To Tears: It's about the jobs and the pay, folks.

[sarcasm]You obviously have never taken a class in economics. Because, according to the latest wonderful ideas in economics, everyone in America is a consumer with a 6 figure income who can spend all that cash on crap made in China. Outsourcing all jobs to China won't hurt at all, because everyone in America has no job that will be shipped to China, so it all works out. We outsource the jobs, but that will help this nation of 6 figure, unemployed consumers because they will pay less for Chinese crap. Now does it make sense? [/sarcasm]

// never made sense to me either.


We need to go over there, steal of a bunch of those Chinese people, and open up factories in the USA but still pay them Chinese wages. We can put them in Nebraska, I hear that's fairly empty.

 
Handsome B. Wonderful 2009-07-05 02:45:03 PM  
It's also not Ric Romero.

 
jonny_q 2009-07-05 02:46:19 PM  
Fark Me To Tears: It's about the jobs and the pay, folks. As long as employers keep cutting jobs and pay, the economy is going to stay in the toilet. The employees being screwed over are also the consumers that the economy is depending on to turn things around. Employers don't seem to understand this.

That's like saying that the rain isn't going to stop until the water stops hitting the ground.

Apparently your suggestion is to continue employing people you can barely pay to keep producing things that people can't afford. What you just said is about as wrong as it can possibly be.

 
TheMega 2009-07-05 02:50:03 PM  
I would have assumed the jobless people would be the best spenders with how forgiving the credit card companies are.. low interest rates.. and, don;t forget tinkerbell!

 
Calvin Coolidge 2009-07-05 02:53:48 PM  
elchip: Fark Me To Tears: This is like saying the number of nuclear detonations has slowed down, indicating a possible recovery from WWIII.

That's not a very good analogy. Layoffs have slowed down, and since unemployment is generally considered to be a lagging metric in gauging the economy, we may very well be coming out of the woods.


Um, THIS.

But don't let that stop your absorbtion of the media WHARR.

 
Cyrus982 2009-07-05 02:55:31 PM  
jonny_q: Fark Me To Tears: It's about the jobs and the pay, folks. As long as employers keep cutting jobs and pay, the economy is going to stay in the toilet. The employees being screwed over are also the consumers that the economy is depending on to turn things around. Employers don't seem to understand this.

That's like saying that the rain isn't going to stop until the water stops hitting the ground.

Apparently your suggestion is to continue employing people you can barely pay to keep producing things that people can't afford. What you just said is about as wrong as it can possibly be.


This reminds me of a few years back when this rich basketball player's pay was going to get cut, and he was on the news bellyaching about how "he wan't going to be able to feed his family on justa few million a year."

What I'm trying to say, is that most of the companies in this country CAN afford to pay MOST of their employees A LOT more than they do. They don't though, and when it comes up they biatch about the overhead and how it would bankrupt them and blah, blah, blah... while the top ten positions in said corp. make millions a year for going on vacations, snorting blow offa hookers asses, and generally not doing a single damn productive thing. And if those companies have that kind of money to pay the least productive members of the business, and to blow on things like "golden parachutes", then they most certainly have enough to pay their people on the front line a few more bucks an hour.

I mean, places like McDonald's makes more money than god ina single year, and you're telling me they can't afford to pay everyone 10 bucks an hour instead of min. wage? Bullshiat.

They just don't want to, and they never will unless they're forced to.

 
JRoo 2009-07-05 02:57:22 PM  
FunkOut: maddogdelta: Fark Me To Tears: It's about the jobs and the pay, folks.

[sarcasm]You obviously have never taken a class in economics. Because, according to the latest wonderful ideas in economics, everyone in America is a consumer with a 6 figure income who can spend all that cash on crap made in China. Outsourcing all jobs to China won't hurt at all, because everyone in America has no job that will be shipped to China, so it all works out. We outsource the jobs, but that will help this nation of 6 figure, unemployed consumers because they will pay less for Chinese crap. Now does it make sense? [/sarcasm]

// never made sense to me either.

We need to go over there, steal of a bunch of those Chinese people, and open up factories in the USA but still pay them Chinese wages. We can put them in Nebraska, I hear that's fairly empty.


Nebraska is not empty, we are growing the corn and cows that feed the country.

 
MemoryInMotion 2009-07-05 03:03:49 PM  
Oh, layoffs and unemployment numbers will "ease"... because soon there won't BE anyone left to lay off!

 
Pilot Kosmosa 2009-07-05 03:04:50 PM  
What we should do is form a council that oversees all business in the US. Everyone would be the same no matter what they do. The council would take results from school testing and place each person in a job they are suited for, and the council would also decide what needs to be produced and sold. I think that sounds pretty fair. Oh, wait... never mind. CEO's SUCK!

 
aammaazzoonn 2009-07-05 03:10:42 PM  
labberdasher 2009-07-05 02:41:23 PM
I think we should tax people standing in water.

/NIOOF


Forgive me for failing at the intarwebz ... but what is NIOOF?
The google, it does nothing.

 
bullock. 2009-07-05 03:11:16 PM  
Brilliant submitter line.

/works for the gov't. Just got off of 68+ OT weeks. We have our own fund.

//Gots me a lots of new electronics.

///Sucks to be the rest of you.

 
FunkOut [TotalFark] 2009-07-05 03:13:31 PM  
JRoo: FunkOut: maddogdelta: Fark Me To Tears: It's about the jobs and the pay, folks.

[sarcasm]You obviously have never taken a class in economics. Because, according to the latest wonderful ideas in economics, everyone in America is a consumer with a 6 figure income who can spend all that cash on crap made in China. Outsourcing all jobs to China won't hurt at all, because everyone in America has no job that will be shipped to China, so it all works out. We outsource the jobs, but that will help this nation of 6 figure, unemployed consumers because they will pay less for Chinese crap. Now does it make sense? [/sarcasm]

// never made sense to me either.

We need to go over there, steal of a bunch of those Chinese people, and open up factories in the USA but still pay them Chinese wages. We can put them in Nebraska, I hear that's fairly empty.

Nebraska is not empty, we are growing the corn and cows that feed the country.


Could you just let the Chinese workers sleep with the cows then? They'll keep each other warm.

 
neongoats 2009-07-05 03:18:12 PM  
I just got the "fark you in 60 days" letter 2 days ago from my company. Reasons why my company lost the project:

a)The middle/upper management try to run the place some kind of Sweatshop in Bangalore. Routinely clearing out veteran employees that do quality work to fill their spots with new untrained people making less and doing a shiatty job.

b)When they expect spikes of volume, they know about it a month or more ahead of time, and start pointing people up/etc to force them to work overtime, instead of, you know, motivating, they manipulate.

c)The middle/upper management are like.. 12. Or may as well be, they have the management acumen of your typical person with a business degree, IE: farking none, and no actual other job skills, again, like your typical person with a business degree.

d)People with a business degree and no technical acumen or experience shouldn't be training people to perform technical positions. Me and a few others essentially had to retrain all the new people, because of this, for oh, the last year or more now. The trainer is a furry obsessed with squirrels, and teaches about that instead of the job.

e)the project manager can barely type an email that is legible language. He is a white guy from Ohio, but just mind numbingly retarded.

I can't wait to suck that company for 52 weeks of unemployment, they deserve to go under.

 
jonny_q 2009-07-05 03:21:37 PM  
Cyrus982: What I'm trying to say, is that most of the companies in this country CAN afford to pay MOST of their employees A LOT more than they do. They don't though, and when it comes up they biatch about the overhead and how it would bankrupt them and blah, blah, blah... I mean, places like McDonald's makes more money than god ina single year, and you're telling me they can't afford to pay everyone 10 bucks an hour instead of min. wage? Bullshiat.

They just don't want to, and they never will unless they're forced to.


I'm really having trouble telling if people are serious today.

It's a free market. Go work somewhere they do pay more for the same work.

Also, underpaying employees is a sure-fire way to get low quality work. Yes, it happens.

I think you're way overestimating McD's profit margins, especially at franchise stores. Sure, they could afford to pay everyone $10 if you want the burgers to be $10, too, at which point you'd just go eat somewhere else. If you're worth being paid $10/hr, then go get a real job somewhere other than McD's. My first job out of college paid less than that.

Don't like the crappy service you're getting from those minimum wage McD's employees? Don't eat there. It will change. I've seen plenty of fast food places fail around here for that reason.

So, some employers are evil. So what. If that's true, then the good guys will be able to do a better job competing.

 
fromafar 2009-07-05 03:21:46 PM  
Hey, there's something missing in this "slowing of layoffs" scenario. Lemme think, lemme think. Oh, I know. Maybe it's that even if it finally STOPS (the layoffs) that doesn't mean all the unemployed are going to start working again right away. Something the news seems to just skip over. Just sayin'.

 
Belias 2009-07-05 03:22:04 PM  
First the f#$@ers won't get a job, now they're holding back my recovery? wth?

 
moothemagiccow 2009-07-05 03:52:52 PM  
Cyrus982: I mean, places like McDonald's makes more money than god ina single year, and you're telling me they can't afford to pay everyone 10 bucks an hour instead of min. wage? Bullshiat.

They just don't want to, and they never will unless they're forced to.


How can you assume the first part? Have you been doing research on McDonald's? I'll agree that the higher ups in the company probably make more than enough money to provide lower end workers a better wage and they don't. Forcing them to pay employees more does nothing. They pass the raises onto the consumer by raising prices to compensate, then the money I make is worth less and I need a raise from my boss.

 
Mija 2009-07-05 03:58:28 PM  
jonny_q: So, some employers are evil. So what. If that's true, then the good guys will be able to do a better job competing.

With that attitude slaver and child labor would still exist. There wold be no minimum wage that only gets raised once every few decades. Sometimes you have to force evil people to act more decently.

 
Uneven Displacement 2009-07-05 04:16:24 PM  
Cyrus982: jonny_q: Fark Me To Tears: It's about the jobs and the pay, folks. As long as employers keep cutting jobs and pay, the economy is going to stay in the toilet. The employees being screwed over are also the consumers that the economy is depending on to turn things around. Employers don't seem to understand this.

That's like saying that the rain isn't going to stop until the water stops hitting the ground.

Apparently your suggestion is to continue employing people you can barely pay to keep producing things that people can't afford. What you just said is about as wrong as it can possibly be.

This reminds me of a few years back when this rich basketball player's pay was going to get cut, and he was on the news bellyaching about how "he wan't going to be able to feed his family on justa few million a year."

What I'm trying to say, is that most of the companies in this country CAN afford to pay MOST of their employees A LOT more than they do. They don't though, and when it comes up they biatch about the overhead and how it would bankrupt them and blah, blah, blah... while the top ten positions in said corp. make millions a year for going on vacations, snorting blow offa hookers asses, and generally not doing a single damn productive thing. And if those companies have that kind of money to pay the least productive members of the business, and to blow on things like "golden parachutes", then they most certainly have enough to pay their people on the front line a few more bucks an hour.

I mean, places like McDonald's makes more money than god ina single year, and you're telling me they can't afford to pay everyone 10 bucks an hour instead of min. wage? Bullshiat.

They just don't want to, and they never will unless they're forced to.


Egalitarian wiener is egalitarian.

 
Cyrus982 2009-07-05 04:18:32 PM  
jonny_q: Cyrus982: What I'm trying to say, is that most of the companies in this country CAN afford to pay MOST of their employees A LOT more than they do. They don't though, and when it comes up they biatch about the overhead and how it would bankrupt them and blah, blah, blah... I mean, places like McDonald's makes more money than god ina single year, and you're telling me they can't afford to pay everyone 10 bucks an hour instead of min. wage? Bullshiat.

They just don't want to, and they never will unless they're forced to.

I'm really having trouble telling if people are serious today.

It's a free market. Go work somewhere they do pay more for the same work.

Also, underpaying employees is a sure-fire way to get low quality work. Yes, it happens.

I think you're way overestimating McD's profit margins, especially at franchise stores. Sure, they could afford to pay everyone $10 if you want the burgers to be $10, too, at which point you'd just go eat somewhere else. If you're worth being paid $10/hr, then go get a real job somewhere other than McD's. My first job out of college paid less than that.

Don't like the crappy service you're getting from those minimum wage McD's employees? Don't eat there. It will change. I've seen plenty of fast food places fail around here for that reason.

So, some employers are evil. So what. If that's true, then the good guys will be able to do a better job competing.


It must be nice to live in your fantasy world, where people do well based on things like "good business" and employees earn wages based on things like "merit" and "skill", because the real world is the exact opposite...

In the real world, people can't just "go work someplace else." For the last six months I've been signed up to job sites that e-mail you when companies in the area are hiring, and for the last six months every single last "career opportunity" has been some shiatty fast food place that only pays min. wage. Well, except the Joan Fabrics one from a few months ago... but I don't have a vagina so I doubt they would have hired me. (That probably only payed min. wage to though.) I've applied to other stores and haven't heard anything back.

And how the hell does paying their employess an extra $2.50 jack up the price of burgers $8.50? If anything, it might jack it up .25 cents or so, which almost everyone would still pay. They wouldn't even have to jack up the price of merchandise if the top 50% of corporate took a slight, almost unnoticeable pay cut... but God forbid they only have enough to buy 2 yachts this year instead of 3.

I guess I could go to college, and get a real job instead... but I just don't have a spare 100,000 bucks lying around. And I just don't feel right dropping that much on what really just amounts to "a slight chance of maybe sometime in the future getting a slightly better job than you could maybe get right now."

Lol, and you actually think that evil businesses will be fazed out by good ones. Lol, have you looked around lately? Evil Business is the standard today. It's WHY the economy has turned to shiat. Because Big Business used, abused and gutted the middle and lower class to make a few extra bucks. Then they shipped every decent job to some other country so that they could save a few pennies. All the while we can't do anything against them because they practically own the government, and idiots like you never stop jumping up to defend them...

I just want things to be fair. I don't understand why a CEO who does absolutely nothing gets paid millions a year while the foundation of the company, the people at the bottom, the people who make everything possible because they come in each day and do horrific back-breaking work ONLY get paid min. wage. It's freaking ridiculous, and I don't know why everyone isn't as pissed off as me...

 
Uneven Displacement 2009-07-05 04:30:05 PM  
Cyrus982:
I just want things to be fair. I don't understand why a CEO who does absolutely nothing gets paid millions a year while the foundation of the company, the people at the bottom, the people who make everything possible because they come in each day and do horrific back-breaking work ONLY get paid min. wage. It's freaking ridiculous, and I don't know why everyone isn't as pissed off as me...


Because they have a basic understanding of economics?

 
Cyrus982 2009-07-05 04:31:45 PM  
moothemagiccow: Cyrus982: I mean, places like McDonald's makes more money than god ina single year, and you're telling me they can't afford to pay everyone 10 bucks an hour instead of min. wage? Bullshiat.

They just don't want to, and they never will unless they're forced to.

How can you assume the first part? Have you been doing research on McDonald's? I'll agree that the higher ups in the company probably make more than enough money to provide lower end workers a better wage and they don't. Forcing them to pay employees more does nothing. They pass the raises onto the consumer by raising prices to compensate, then the money I make is worth less and I need a raise from my boss.


Why do they have to pass the raises onto the consumers? They don't. They do because they're greedy assholes and no one says shiat to stop them. It doesn't have to be that way. Someone has to force them to do the right thing because they're not going to do it on their own.

This free market shiat has gotten out of hand. For some reason people take it to mean, "Companies can do any evil thing they want to whoever they want. It doesn't matter if they destroy lives and entire economies in the process, as long as a handful of individuals at the top come home at the end of the day with a few more bucks in their accounts." The limit to any freedom is when it begins to hurt someone else. These monsters are destroying this country and its people just to turn a profit.

As far as I'm concerned, their right to do business as they see fit should have been revoked a long time before everything ever got this bad. Like farking children who can't play nice without beating each other over the head with their expensive action figures... someone needs to step in and take their toys away until they learn to get along with everyone else on the playground.

 
Cyrus982 2009-07-05 04:44:13 PM  
Uneven Displacement: Cyrus982:
I just want things to be fair. I don't understand why a CEO who does absolutely nothing gets paid millions a year while the foundation of the company, the people at the bottom, the people who make everything possible because they come in each day and do horrific back-breaking work ONLY get paid min. wage. It's freaking ridiculous, and I don't know why everyone isn't as pissed off as me...

Because they have a basic understanding of economics?


Don't give me that "They get paid less because there's more of them. Simple supply and demand. There's plenty of people to replace the grunts, while being a CEO is a hard job that only very few people can do." because that's horse shiat. It's another one of the lies idiots like you parrot because you have no real idea of what's going on.

A company can exist without a CEO, while if everyone working at the stores quit then the company would be done by the end of the week. So who is more important? Some rich brat who is only in charge because his daddy was rich and in charge before him, or the flesh and blood of the business-the common worker, the people who actually do the real work and keep things going? I mean, a farking chimp could throw feces at a dart board to make the same decisions and choices CEO's make as part of their "job."

It's people like you that think they "know economics" that are part of them problem. If people like you, and all the people in charge know so damn much and are so farking good at this, then why the hell has everything turned to shiat?

Really, I'd like to know WHY.

 
info whore 2009-07-05 04:47:10 PM  
TheMegaI would have assumed the jobless people would be the best spenders with how forgiving the credit card companies are.. low interest rates.. and, don;t forget tinkerbell!

This shows what an ass you are. I have paid my credit cards down to almost nothing, and only use them in emergencies such as a recent car repair. I was laid off in Feburary, and am getting by fairly well on the unemployment I receive which is about 1/2 my last salary. You're lucky to have a job, but to make generalizations like that about the unemployed just shows what a total jerk you are. Hopefully, you will lose your job and see how it feels.

 
hbk72777 2009-07-05 04:50:27 PM  
My former company has been using the economy as an excuse to fire half the company, and make everyone else do the work of 3-4 people. I just left 2 weeks ago. Let me preface this by saying I worked there for 5 years until 2001, then I left when my mother got cancer. While I was gone, they were bought out by Circor, so when I went back last year, I had to go through a temp agency.

They fired the 3 people in the stockroom, then they asked me to run it alone. No problem. Then they fired the receiving guy, and asked me to take over that job as well. Then they fired one of the 2 stockroom guys in the other building 2 miles away) ,and they asked me to get everything done, that 4 people had done in a full day each, before lunch so I could go to the other building to do the other guys job, every day. We're up to 5 jobs, no increase in pay. Fine. Then they fire the best assembler, due to him being outspoken, leaving 2 guys, plus a part time 71 year old who has bad arthritis, so he can only do some of the jobs. We get a huge order every quarter, but the idiots up front didn't think to keep him until after the order went out. So they come to me again. I worked about 4 hours, but every time a truck came or an order came in to pull, they wanted me to run back and forth like a jackass. I got fed up , so I went home for the day, not knowing if I was going to go back. The boss who wouldn't give me full time due to the company crying the blues about money, after being there a year, told the agency I was no longer needed out of spite. Had the idiot waited till monday, I might not have gone back, now, I get unemployment for a year and a half. I have a relative who works there for 25 years, she said one of the other supervisors , who always fought with my supervisor, begged to let me work in his area as an assembler (which was the job I started with before they needed a stock guy), but the putz refused.

Why I am I wasting your time about this. Well, Circor VP Chris Celtruda came to meetings at each company, including our own, telling everyone to work harder, no more overtime, do your own landscaping and cleaning , no more new hires etc, no raises. People were even declined supplies like a role of tape or boxes, stuff that was needed to package the stuff we were selling. But if you follow this link, this blowhard got his own personal bailout Link (new window). The poor baby who makes over a million a year in total compensations Link (new window) didn't want to take a loss on his house, so the company bought it at the former value and they even paid the income taxes on the sale, so the fat ass isn't out a dime. Makes you feel bad for these poor companies , doesn't it?

They also pulled a WalMart and told some of their employees to go on NY health care plus for insurance. This from a company that said in the same meetings that they have "200 million to play with" for buying other companies.

 
Mongo cut wood 2009-07-05 04:50:57 PM  
While everyone is biatching about the "Evil" Corporations, no one is biatching about Congress, who despite the falling job numbers, voted themselves a nice raise in January.

850 Billion in spending on Rich, Failed Corporations (WallStreet) by the Obama Administration. Would have been better spent giving it directly to those unemployed, those who live on Mainstreet.

850,000,000,000/10,000,000 unemployed = $85,000 per unemployed person. If they would have given that to the unemployed people, they would have Spent that money on things like houses (financial industry), cars (auto industry), food, etc.. That would have gotten the economy going.

 
A Tout Le Monde 2009-07-05 04:59:40 PM  
dead_dangler: I don't understand. For years people lived beyond their means. Why would not having a job matter?

/have you seen how big plasma TV's are lately?
//life's not worth living without an iPhone


I read somewhere that plasma is dead. As a technology it's inferior to LCD, prone to reliability problems, and every bit if not more expensive.

I feel sorry for the early adopters a few years ago who shelled out big $$$ to be the first on the block, of course those people are stupid.

In a few years they'll have a heavy tv that has major screen burn in and nothing to show for the money.

 
numb3r5ev3n 2009-07-05 05:00:57 PM  
Fark Me To Tears: FTFA: The government jobs report for June Thursday pointed to a continued slowdown in the wave of layoffs that has sidelined more than six million workers since the recession began in Dec., 2007. Once that pace of layoffs eases and the unemployment rate peaks, consumers may get back into a spending mood, according to Merrill Lynch economist Drew Matus.

This is like saying the number of nuclear detonations has slowed down, indicating a possible recovery from WWIII.

Workers are still being laid off in huge numbers. Employers are still cutting the pay of those whom they continue to employee. Until this crap stops, the economy is not going to "recover."

It's about the jobs and the pay, folks. As long as employers keep cutting jobs and pay, the economy is going to stay in the toilet. The employees being screwed over are also the consumers that the economy is depending on to turn things around. Employers don't seem to understand this.


I know, it's like, 'IF YOU COMMIES WOULD JUST START SPENDING MONEY THE ECONOMY WOULD IMPROVE.'

US: 'With what money? We're jobless and broke, yo.'

EMPLOYERS: 'WHY DO YOU HATE AMERICA?'

 
GomezAdams [recently expired TotalFark] 2009-07-05 05:29:07 PM  
I'm still looking for work too. Over a year now and the taxes and F.I.C.A. I had been paying is lost because some Indian is being paid 1/3 of what I made into his Indian account so ALL taxes and other contributions I, and thousands of others at (major 3 letter corporate logo here) and other major IT shops made, are no longer going into the various governmental and private agencies we supported by working. Now India's economy is benefiting. Now everyone is having their corporate servers and software done by someone who lied to get the job and is able to do only the most basic tasks so expect more personal data stolen and less stable banking, insurance, and credit card operations not to mention the country's IT infrastructure in the hands of foreign nationals. On my last job we had these UNIX gurus take down online servers and erase all the days data (rm -rf on the root dir) because they had no UNIX experience while claiming 5-10 years and no one vetted these idiots. Just took their recruiters' word because no one checks on academic or work credentials in India.

/done venting. Y'all keep working.
//I and 11 million illegal aliens are counting on you.

 
Cyrus982 2009-07-05 05:32:12 PM  
Mongo cut wood: While everyone is biatching about the "Evil" Corporations, no one is biatching about Congress, who despite the falling job numbers, voted themselves a nice raise in January.

850 Billion in spending on Rich, Failed Corporations (WallStreet) by the Obama Administration. Would have been better spent giving it directly to those unemployed, those who live on Mainstreet.

850,000,000,000/10,000,000 unemployed = $85,000 per unemployed person. If they would have given that to the unemployed people, they would have Spent that money on things like houses (financial industry), cars (auto industry), food, etc.. That would have gotten the economy going.


You're right, and this is a lot of what's going on too. But people aren't wrong when they only complain about the "evil corporations" because they're both pretty much one and the same at this point.

A lot of the people in government are the ones running the corporations too. A lot of the people in government are buddies with the people running the corporations and then write legislation geared towards helping their friends out. And if they aren't either of those, then the corporate lobbyists treat them to lobster dinner in the Bahamas in exchange for "considering their side." I.E. They bribe them to swing shiat in their favor. Corrupt Government and Evil Corporations have become so intertwined that they're basically the same beast anymore.

Almost every wealthy person alive in the country today is only rich because they inherited the cash from their dead dads. They're justa bunch of spoiled little rich kids, who've never known any real adversity, and who don't know how to do anything right because their money always ment they never had to. Is it any wonder why congress just throws cash at everything?

 
shotglasss 2009-07-05 05:37:59 PM  
Does anyone trust MSNBS anymore? Why should they?

webpages.charter.net

 
rewind2846 2009-07-05 05:42:08 PM  
This is one of the most stupid f*cking articles I have read in my f*cking life, ever, even for MSNBC. How in the motherf*ck are people ("consumers") supposed to f*cking "consume" if they don't have f*cking jobs with which to get f*cking money so that they can buy sh*t? Did the f*ckers who sat down and wrote the piece of sh*t actually THINK about what the f*ck they were typing? WTF?
Motherf*cking ridiculous.
/getting laid off at the end of august
//and yes, I'm f*cking pissed

 
shirtsbyeric 2009-07-05 06:00:30 PM  
the Aristocrats!

 
Ghastly [TotalFark] 2009-07-05 06:04:07 PM  
Pilot Kosmosa: What we should do is form a council that oversees all business in the US. Everyone would be the same no matter what they do. The council would take results from school testing and place each person in a job they are suited for, and the council would also decide what needs to be produced and sold. I think that sounds pretty fair. Oh, wait... never mind. CEO's SUCK!

What you're describing is the original Rollerball movie when the corporations decided they'd had enough of that evil government telling businesses what they can and can't do and started a world war. The end result being an uneasy truce between the 10 surviving corporations who decided what products needed to be produced where people needed to live and what jobs they needed to do for the sake of the corporation they were born into. The corporation assigned you everything from your job to your spouse to your home to the number of children you were permitted to have. But hey, at least everyone was free from the evils of government.

 
aquaticphoenix 2009-07-05 06:16:18 PM  
It really pisses me off that the fat cats in government and business keep calling average Americans "consumers", as if that's the only thing they are. That's completely false, and frankly, I find it insulting and offensive. The People are not mindless consumer sheep who exist only to dutifully move wealth up the ladder!

I think it's high time we told Congress and big business and the whole lot of those soul-sucking parasites, in no uncertain terms, that we're sick and tired of being raped in every conceivable way, that we're fed up with busting our arses while they sit in the halls of power, fark hookers, and Hoover our wallets dry!

In the immortal words of Howard Beale, we've got to get mad! We've got to say, "I'm a HUMAN BEING, Goddammit! My life has VALUE! So I want you to get up now. I want all of you to get up out of your chairs. I want you to get up right now and go to the window. Open it, and stick your head out, and yell, "I'M AS MAD AS HELL, AND I'M NOT GOING TO TAKE THIS ANYMORE!" I want you to get up right now, sit up, go to your windows, open them and stick your head out and yell - "I'm as mad as hell and I'm not going to take this anymore!" Things have got to change. But first, you've gotta get mad! You've got to say, "I'm as mad as hell, and I'm not going to take this anymore!" Then we'll figure out what to do about the depression and the inflation and the oil crisis. But first get up out of your chairs, open the window, stick your head out, and yell, and say it:

I'M MAD AS HELL, AND I'M NOT GOING TO TAKE THIS ANYMORE!

/ No, really, I'm being honest here
// "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." - Thomas Jefferson

 
rewind2846 2009-07-05 06:21:08 PM  
Cyrus982:
It's people like you that think they "know economics" that are part of them problem. If people like you, and all the people in charge know so damn much and are so farking good at this, then why the hell has everything turned to shiat?

Really, I'd like to know WHY.


climateprogress.org
climateprogress.org
climateprogress.org

 
YouPeopleAreCrazy 2009-07-05 06:47:51 PM  
Cyrus982: Almost every wealthy person alive in the country today is only rich because they inherited the cash from their dead dads.

[Citation needed]

 
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