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(Yahoo)   Mass layoffs are making a comeback. Can we stop with the change already   (finance.yahoo.com) divider line 93
    More: Scary, GDP growth, Kenneth Rogoff, Challenger Gray & Christmas Inc., Carmen Reinhart, layoffs, breakout, Lockheed Martin, Third World  
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3393 clicks; posted to Business » on 23 Jul 2011 at 4:23 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2011-07-23 01:29:02 PM
3.bp.blogspot.com

and here we go!
 
2011-07-23 01:58:45 PM
Subby should ask the job creators we seem to be going out of our way to protect.
 
2011-07-23 02:01:00 PM
cmunic8r99: Subby should ask the job creators we seem to be going out of our way to protect.

oh they gave themselves a raise and a bonus check.
 
2011-07-23 02:10:21 PM
Sorry, we are still in a Bush economy because the House GOP won't let it go.
 
2011-07-23 03:26:39 PM
Get ready for a wave of newly-unemployed state, federal and school workers.

Thanks, GOP.
 
2011-07-23 03:29:38 PM
so corporation and the public sector go on a layoff binge, the GOP destroys our economy AND the banks implode.

I wonder if those 'go galt' nutballs might have done the right thing for all the wrong reasons?
 
2011-07-23 04:39:31 PM
cretinbob: Sorry, we are still in a Bush economy because the House GOP won't let it go.

HAHAHAHAHAHAHAHAHHA wow, you libs will continue to use Bush no matter how obvious your idiotic choice is screwing up. News for you, you can't keep blaming a past president forever. Sooner or later the fail that is going on is going to be Obama's. He is failing as a leader, time to admit it and to stop placing blame. Man, you hippies are pathetic.
 
2011-07-23 04:50:58 PM
OBBN: cretinbob: Sorry, we are still in a Bush economy because the House GOP won't let it go.

HAHAHAHAHAHAHAHAHHA wow, you libs will continue to use Bush no matter how obvious your idiotic choice is screwing up. News for you, you can't keep blaming a past president forever. Sooner or later the fail that is going on is going to be Obama's. He is failing as a leader, time to admit it and to stop placing blame. Man, you hippies are pathetic.


this reminds me of the time when the Republican party used to blame Clinton for everything.
 
2011-07-23 04:51:57 PM
Moveeeee to Albeerrrtaaaaaaaaaaaa

Hand my boss begging me to quit school and stay on with him during the fall. Hard to find help out here.

Interior BC, Alberta, Saskatchewan. Need a job? GOGOGOGOGOGO.
 
2011-07-23 04:54:17 PM
OBBN: you can't keep blaming a past president forever

www.celebrityviplounge.com
 
2011-07-23 05:07:28 PM
cretinbob: OBBN: you can't keep blaming a past president forever

[www.celebrityviplounge.com image 640x481]


mauialmanac.com
 
2011-07-23 05:10:17 PM
Blairr: Moveeeee to Albeerrrtaaaaaaaaaaaa

Hand my boss begging me to quit school and stay on with him during the fall. Hard to find help out here.

Interior BC, Alberta, Saskatchewan. Need a job? GOGOGOGOGOGO.


Yeah but doing what though?
 
Pud
2011-07-23 05:10:29 PM
cretinbob: Sorry, we are still in a Bush economy because the House GOP won't let it go.

But the Democrats have held control of both, the house and the senate since 2006. Up until the republicans took the house again in 2010. Why is it so different? (new window)

Don't get me wrong, I think their all crooks, and we all as the voters should do better with our choices.

/Just sayin'
 
Pud
2011-07-23 05:12:26 PM
Pud: their they're

/oops
 
2011-07-23 05:14:27 PM
We obviously need even lower taxes to stimulate job growth. Get working on it House GOP!
 
2011-07-23 05:53:48 PM
Blairr: Moveeeee to Albeerrrtaaaaaaaaaaaa

Hand my boss begging me to quit school and stay on with him during the fall. Hard to find help out here.

Interior BC, Alberta, Saskatchewan. Need a job? GOGOGOGOGOGO.


I've been thinking more and more about sending resumes around to some Canadian companies. I think I could qualify for residency by having a degree in a technical field, provided I have a job offer. Vancouver seems like a very livable city.
 
2011-07-23 05:54:01 PM
Weaver95: cmunic8r99: Subby should ask the job creators we seem to be going out of our way to protect.

oh they gave themselves a raise and a bonus check.


But look at how many jobs that created!

/For $60-an-hour hookers....
 
2011-07-23 05:55:02 PM
Mad_Radhu: /For $600-an-hour hookers....
 
2011-07-23 06:00:52 PM
Pud: cretinbob: Sorry, we are still in a Bush economy because the House GOP won't let it go.

But the Democrats have held control of both, the house and the senate since 2006. Up until the republicans took the house again in 2010. Why is it so different? (new window)

Don't get me wrong, I think their all crooks, and we all as the voters should do better with our choices.

/Just sayin'




There's no doubt things have gotten markedly worse since 2010. That election killed the recovery.
 
2011-07-23 06:03:20 PM
Pud: cretinbob: Sorry, we are still in a Bush economy because the House GOP won't let it go.

But the Democrats have held control of both, the house and the senate since 2006. Up until the republicans took the house again in 2010. Why is it so different? (new window)

Don't get me wrong, I think their all crooks, and we all as the voters should do better with our choices.

/Just sayin'


So vote Republican.
 
Pud
2011-07-23 06:07:16 PM
DarnoKonrad: Pud: cretinbob: Sorry, we are still in a Bush economy because the House GOP won't let it go.

But the Democrats have held control of both, the house and the senate since 2006. Up until the republicans took the house again in 2010. Why is it so different? (new window)

Don't get me wrong, I think their all crooks, and we all as the voters should do better with our choices.

/Just sayin'



There's no doubt things have gotten markedly worse since 2010. That election killed the recovery.


Rather than just pointing fingers, and saying there's you're problem. Why not get together, and actually work out a solution. Enough with this He/she is a dem ...or Repub ...we are all hurting from this crap. In most cases it is beyond our control.

/What next?
 
2011-07-23 06:28:55 PM
StingerJ: Blairr: Moveeeee to Albeerrrtaaaaaaaaaaaa

Hand my boss begging me to quit school and stay on with him during the fall. Hard to find help out here.

Interior BC, Alberta, Saskatchewan. Need a job? GOGOGOGOGOGO.

I've been thinking more and more about sending resumes around to some Canadian companies. I think I could qualify for residency by having a degree in a technical field, provided I have a job offer. Vancouver seems like a very livable city.


Most expensive city in Canada to live in, and with the Canadian dollar being so high right now, hope you'd be making a high 6 figure or a 7 figure job.

If that's the case, come to Canada!
 
2011-07-23 06:44:25 PM
Techhell: StingerJ: Vancouver seems like a very livable city.

Most expensive city in Canada to live in, and with the Canadian dollar being so high right now, hope you'd be making a high 6 figure or a 7 figure job.

If that's the case, come to Canada!


It'd be low six figures, and Surrey rather than Vancouver proper, for the company I think I'm moderately qualified to work for.
 
2011-07-23 06:44:53 PM
On January 9, 2009, the Obama Administration released The Job Impact of the American Recovery and Reinvestment Plan AKA $787,000,000,000.00 Stimulus Plan

http://www.marketobservation.com/blogs/media/blogs/Statistics/Unemploymentwitha n dwithoutrecoveryplan.jpg
 
2011-07-23 06:45:51 PM
On January 9, 2009, the Obama Administration released The Job Impact of the American Recovery and Reinvestment Plan AKA $787,000,000,000.00 Stimulus Plan
www.marketobservation.com
 
2011-07-23 07:17:30 PM
Blairr: Moveeeee to Albeerrrtaaaaaaaaaaaa

Hand my boss begging me to quit school and stay on with him during the fall. Hard to find help out here.

Interior BC, Alberta, Saskatchewan. Need a job? GOGOGOGOGOGO.


So, where do I apply?
 
2011-07-23 07:48:42 PM
Pud: But the Democrats have held control of both, the house and the senate since 2006. Up until the republicans took the house again in 2010. Why is it so different?

The Democrats took control of the House and Senate in 2007 after 12 years of the Republicans controlling the House and Senate with 6 of those years with a Republican President.
 
2011-07-23 07:49:14 PM
So nobody wants to mention those job creators at Lockheed beat earning estimates last quarter, and made large profits, but are still cutting people. If we just gave them more money they would hire people I swear.
 
2011-07-23 07:54:56 PM
dosboot: On January 9, 2009, the Obama Administration released The Job Impact of the American Recovery and Reinvestment Plan AKA $787,000,000,000.00 Stimulus Plan
[www.marketobservation.com image 640x422]


It looks like they should have reversed the lines.
 
2011-07-23 07:56:44 PM
Down here in NC the legislators (new GOP majority) have been falling all over themselves defunding programs left and right. Even in my office, they wrote into the budget the requirement that over 300 engineer and technician positions be eliminated by summer of next year, in order to give more highway project work to their consultant friends. They admit there's no savings to laying off these people, it's all about rewarding the consultants that helped fund their campaigns.

/state is going to lose money on this deal
 
2011-07-23 08:00:40 PM
WittyReference: So nobody wants to mention those job creators at Lockheed beat earning estimates last quarter, and made large profits, but are still cutting people. If we just gave them more money they would hire people I swear.

Probably.

It would mean building more bombers, fighters and weapons systems, but I'm sure they'd be alright with that.

From what little I've seen, it's mostly redundant salaried suits bieng cut in an effort to improve efficiency company-wide.

Bastards!
 
2011-07-23 08:03:13 PM
The DBS: dosboot: On January 9, 2009, the Obama Administration released The Job Impact of the American Recovery and Reinvestment Plan AKA $787,000,000,000.00 Stimulus Plan
[www.marketobservation.com image 640x422]

It looks like they should have reversed the lines.


How was the job impact from the 2001 $1,340,000,000,000.00 stimulus plan?

How about the 2003 $688,000,000,000.00 stimulus plan in response to unemployment rate rising from 4.2% in 2001 to 6.3% in 2003?

That's over $2 TRILLION!
 
2011-07-23 08:07:58 PM
WittyReference: So nobody wants to mention those job creators at Lockheed beat earning estimates last quarter, and made large profits, but are still cutting people. If we just gave them more money they would hire people I swear.

They have several contracts ending. Until they are replaced, this is what happens. Nothing new.
 
2011-07-23 08:08:43 PM
TomD9938: WittyReference: So nobody wants to mention those job creators at Lockheed beat earning estimates last quarter, and made large profits, but are still cutting people. If we just gave them more money they would hire people I swear.

Probably.

It would mean building more bombers, fighters and weapons systems, but I'm sure they'd be alright with that.

From what little I've seen, it's mostly redundant salaried suits bieng cut in an effort to improve efficiency company-wide.

Bastards!


My problem isn't with a company increasing efficiency, that's what they do, it's with people thinking giving them more money or tax breaks would somehow increase the number of jobs. Demand creates jobs, right now the government has proven to be the only one willing to drive demand.
 
Pud
2011-07-23 08:13:35 PM
rnld: Pud: But the Democrats have held control of both, the house and the senate since 2006. Up until the republicans took the house again in 2010. Why is it so different?

The Democrats took control of the House and Senate in 2007 after 12 years of the Republicans controlling the House and Senate with 6 of those years with a Republican President.


The Republicans blew it. but the Democrats didn't do any better. It's a Lose, Lose Kind of thing for us. Do you disagree? Why? No, actually, I want to know??
 
2011-07-23 08:15:23 PM
WittyReference: . Demand creates jobs

Damn right.

I just dont think Lockheed or the public sector (scant difference there) make for much of a guage on the health of an economy.

Now retail on the other hand...
 
2011-07-23 08:20:43 PM
Another Government Employee: WittyReference: So nobody wants to mention those job creators at Lockheed beat earning estimates last quarter, and made large profits, but are still cutting people. If we just gave them more money they would hire people I swear.

They have several contracts ending. Until they are replaced, this is what happens. Nothing new.


So should they give them a few contracts (stimulus) to increase the number of jobs? or give them tax breaks (what ever the GOP plan is called) to increase profits and add no new jobs?
 
2011-07-23 08:26:15 PM
TomD9938: WittyReference: . Demand creates jobs

Damn right.

I just dont think Lockheed or the public sector (scant difference there) make for much of a guage on the health of an economy.

Now retail on the other hand...


What is the best way to create demand? If you say lower taxes, I swear to god...
 
2011-07-23 08:27:25 PM
Pud: rnld: Pud: But the Democrats have held control of both, the house and the senate since 2006. Up until the republicans took the house again in 2010. Why is it so different?

The Democrats took control of the House and Senate in 2007 after 12 years of the Republicans controlling the House and Senate with 6 of those years with a Republican President.

The Republicans blew it. but the Democrats didn't do any better. It's a Lose, Lose Kind of thing for us. Do you disagree? Why? No, actually, I want to know??


I have a huge issue with the hypocrisy surrounding it all.

When the national debt passed $10 trillion in 2008 and the debt ceiling was raised to $11.3 trillion, Fox News and it's radio stars didn't cover the events.

The debt ceiling was raised on seven occasions during President George W. Bush's two terms in office, from $5.95 trillion in 2001 to nearly double that, $11.315 trillion, in 2009 - an increase of $5.365 trillion or 90 percent.

Under Bush the debt ceiling increased:
by $450 billion to $6.4 trillion in June 2002;
by $984 billion to $7.384 trillion 11 months later, in May 2003;
by $800 billion to $8.184 trillion 18 months later, in November 2004;
by $781 billion to $8.965 trillion 16 months later, in March 2006;
by $850 billion to $9.815 trillion 18 months later, in September 2007;
by $800 billion to $10.615 trillion 10 months later, in July 2008;
and by $700 billion to $11.315 trillion three months later, in October 2008.
 
2011-07-23 08:31:27 PM
Bendal: Down here in NC the legislators (new GOP majority) have been falling all over themselves defunding programs left and right. Even in my office, they wrote into the budget the requirement that over 300 engineer and technician positions be eliminated by summer of next year, in order to give more highway project work to their consultant friends. They admit there's no savings to laying off these people, it's all about rewarding the consultants that helped fund their campaigns.

/state is going to lose money on this deal


Yeah but do your state workers do shoddy work?

One look at the highway system in California tells me that outside contractors would be better in the long run. Sure, it would cost a bit more money, but its better to pay them one time and have a road last 5-10 years than have CALTRANS patch it every 6 months and just have it fall apart, causing damage to vehicles in the process. And its very likely since they have to fix it every 6 months that the total redo would cost less as well.

Just as an example. In some cases having someone from the outside doing it is better. Usually the contracts are higher and cost more, but they also build into them the requirement that if a project is completed it has to last so many years, and any repairs to said project are done by the person who did the work.

It doesn't work in all situations, but sometimes its better.

/Went to see my parents recently
//Outside contractor repaved about 12 miles of road going to their house
///Seriously thought for a minute I had missed a turn and crossed over into NV
 
2011-07-23 08:44:27 PM
I know what we should do about this - we should cut taxes for the richest of the rich so they can trickle down their wealth to the rest of us!
 
2011-07-23 08:46:22 PM
Submitter thought there was actually change? Obama sold us a bill of goods. His econ policy is only slightly better than Bush's yet still to the right of Reagan's. Obama's also forged a bipartisan consensus over an ever-expanding police state and military budget. And with this debt ceiling hostage crisis, Obama put the core of the Democratic brand - Medicare & Social Security - on the chopping block in an effort to muster some mythical Grand Bargain.

There's been no change. We've had only a continuance of disaster capitalism.
 
2011-07-23 08:54:36 PM
Be Well: Bendal: Down here in NC the legislators (new GOP majority) have been falling all over themselves defunding programs left and right. Even in my office, they wrote into the budget the requirement that over 300 engineer and technician positions be eliminated by summer of next year, in order to give more highway project work to their consultant friends. They admit there's no savings to laying off these people, it's all about rewarding the consultants that helped fund their campaigns.

/state is going to lose money on this deal

Yeah but do your state workers do shoddy work?


Private contractors build the roads; the state (or private consultants) designs them. It's the design part the consultants want a bigger slice of, even though we've got example after example showing the politicians how in-house designs tend to be cheaper to build than the private firm's designs are.

Currently the state outsources about half of our highway projects to consultants on a per dollar basis, mostly through design/build contracts and larger projects with accelerated schedules. These contracts employ a relatively few consultant firms though, since the projects are large but there's relatively few of them. They convinced the politicians to force the state to send out 50% of the actual projects to consultants, which they're using as a reason to reduce the design group by about 300+ positions.

Except, the evidence so far indicates these firms have very little experience in designing anything but big highway projects. When the state tried to farm out a number of low-impact bridge replacement projects to consultants, the designs were so bad the projected costs were more than double the estimates. Some firms had no idea how to set up even a simple tangent alignment and grade to design a bridge on. Rework and missed design features on other projects drove costs up during construction; these were mini-design/build projects with very little review time built into them (thanks to the legislature again).

So yeah, I think the state's going to get a bad deal out of this. But hey, the politicians' friends get more work, so maybe if I get laid off I can go work for one of them, so it's all good right?
 
2011-07-23 08:58:27 PM
Be Well: Bendal: Down here in NC the legislators (new GOP majority) have been falling all over themselves defunding programs left and right. Even in my office, they wrote into the budget the requirement that over 300 engineer and technician positions be eliminated by summer of next year, in order to give more highway project work to their consultant friends. They admit there's no savings to laying off these people, it's all about rewarding the consultants that helped fund their campaigns.

/state is going to lose money on this deal

Yeah but do your state workers do shoddy work?

One look at the highway system in California tells me that outside contractors would be better in the long run. Sure, it would cost a bit more money, but its better to pay them one time and have a road last 5-10 years than have CALTRANS patch it every 6 months and just have it fall apart, causing damage to vehicles in the process. And its very likely since they have to fix it every 6 months that the total redo would cost less as well.

Just as an example. In some cases having someone from the outside doing it is better. Usually the contracts are higher and cost more, but they also build into them the requirement that if a project is completed it has to last so many years, and any repairs to said project are done by the person who did the work.

It doesn't work in all situations, but sometimes its better.

/Went to see my parents recently
//Outside contractor repaved about 12 miles of road going to their house
///Seriously thought for a minute I had missed a turn and crossed over into NV


Most of the new construction of pavement in California is contracted out. It's nice and smooth and new for a while, whether CalTrans did it or a contractor, and then it falls to shiat, because there isn't money to adequately maintain it, nor time, as many major arteries become almost impassable if you close down so much as one lane, even at 3 AM. I do understand that the civil engineers employed in-house at CalTrans leave something to be desired, though. In many professions and crafts, the state is paying well below private sector rates, so what they end up with is guys who see the near impossibility of being fired as being more useful and important than what they'll take to the bank.
 
2011-07-23 09:07:08 PM
dosboot: On January 9, 2009, the Obama Administration released The Job Impact of the American Recovery and Reinvestment Plan AKA $787,000,000,000.00 Stimulus Plan

Look the job creators need a vacation, so stop with the class warfare
 
2011-07-23 09:10:37 PM
If you didn't suck at your job then you wouldn't get laid off. Face it, only the people the company really needs are the ones they'll keep.

/not participating in the recession
 
2011-07-23 09:23:44 PM
WittyReference: Another Government Employee: WittyReference: So nobody wants to mention those job creators at Lockheed beat earning estimates last quarter, and made large profits, but are still cutting people. If we just gave them more money they would hire people I swear.

They have several contracts ending. Until they are replaced, this is what happens. Nothing new.

So should they give them a few contracts (stimulus) to increase the number of jobs? or give them tax breaks (what ever the GOP plan is called) to increase profits and add no new jobs?


Depends on which evil weapons system you want to work with.
 
2011-07-23 09:27:05 PM
Another Government Employee: WittyReference: Another Government Employee: WittyReference: So nobody wants to mention those job creators at Lockheed beat earning estimates last quarter, and made large profits, but are still cutting people. If we just gave them more money they would hire people I swear.

They have several contracts ending. Until they are replaced, this is what happens. Nothing new.

So should they give them a few contracts (stimulus) to increase the number of jobs? or give them tax breaks (what ever the GOP plan is called) to increase profits and add no new jobs?

Depends on which evil weapons system you want to work with.


I'm military, so the eviler (is that a word?) the better.
 
2011-07-23 09:47:58 PM
So exactly what has Obama done wrong? He hasn't raised taxes, and corporate profits are skyrocketing. WTF.
 
2011-07-23 09:55:02 PM
WittyReference: TomD9938: WittyReference: So nobody wants to mention those job creators at Lockheed beat earning estimates last quarter, and made large profits, but are still cutting people. If we just gave them more money they would hire people I swear.

Probably.

It would mean building more bombers, fighters and weapons systems, but I'm sure they'd be alright with that.

From what little I've seen, it's mostly redundant salaried suits bieng cut in an effort to improve efficiency company-wide.

Bastards!

My problem isn't with a company increasing efficiency, that's what they do, it's with people thinking giving them more money or tax breaks would somehow increase the number of jobs. Demand creates jobs, right now the government has proven to be the only one willing to drive demand.


THIS
 
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