it is a jobless recovery michael and that is what is wrong with the stock market, or one of the many problems. Bush has presided over the worst stock market since Carter. Bush is the new carter.
The problem threads like this are going to have with me is that I work in Venture Capital. I know business better than almost all of you. I do not support bush. I don't buy BS like LindyBills remarks about the economy. How many businesses has Lindy Bill started, lets hear it pal. How many companies have you taken public. Before you start critcizing other people lets hear about YOUR RECORD.
The wingers on this thread are high on self importance, low on results.
Breaking News
Pay Drops for College-Educated Workers
This time, economists say, much of the blame goes to trends familiar to workers with less education, who are now creeping up the wage ladder. Offshoring, which has shifted manufacturing and call-center jobs to such nations as Mexico and India, is increasingly affecting white-collar sectors such as engineering and software design, the newspaper said.
And companies have continued their long effort to replace salaried positions with lower-paid, nonsalaried jobs, including part-time and freelance positions without benefits. Those contingent positions make up nearly half of the 6.5 million jobs created since 2001, said Paul Harrington, a labor economist at Northeastern University in Boston, the newspaper added.
Harrington said the number of salaried jobs increased an average of 11.5% during the last five economic recoveries, compared with 2.5% during the current recovery.
"There's clear deterioration in the college labor market," he said. "The American economy just does not generate jobs the way it has historically."
smartmoney.com
Lee Iacocca on Bush:
Former Chrysler head lee Iacocca calls a schmuck a schmuck. (Emphasis mine.)
Question: What sort of CEOs do you think George W. Bush and his administration make?
I make speeches for the Washington Speakers Bureau, get $75,000 for 30 minutes, and all I ever say is, “Here’s what management is about. Hire good people and set some basic priorities and objectives.” Well, let’s see how George Bush qualifies. The people that surround him are just friends, and I think most of them are just schmucks, because I know a lot of them. Who runs the country? Cheney, who is getting old and sick and had this hunting accident. And “Rummy,” Rumsfeld, whom I know real well—they’ve been together forever, and they run the country. They had Condoleezza Rice for lunch. I don’t know what she’s got on Bush, but, boy, he believes in her. Other than those three, the mastermind of them of all, the boy genius, is Karl Rove—slime bucket that he is. You’ve got to know him to see how slimy he is.
waxingamerica.com |
