SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (51019)6/7/2009 1:39:13 AM
From: elmatador  Respond to of 220075
 
"number published is fitting the government mood" Tell MQ we can live without that set of numbers then.

BLS worker not producing useful output. Holds pseudo-job. Pseudo-jobs are jobs that actually do not contribute to the overall output. Those jobs can be chopped up any moment in the present Return to the natural size set of circumstances

Plan to hold off job cuts thrown off course
By: BRENT BEGIN

06/01/09 1:45 PM PDT
A committee to help stave off city employee layoffs missed two crucial meetings in the run-up to the unveiling of Mayor Gavin Newsom’s budget.

While the idea isn’t dead in the water, placing a local tax measure on the November ballot is already soaked. Newsom had offered to put a $25 million place holder in his budget that would be filled by a revenue measure on the November ballot.

But tough negotiations between the mayor’s office and the union representing the most city employees, SEIU 1021, got in the way, with a deal that would have saved nearly $40 million rejected by union members.

In the run up to the budget unveiling, the last two meetings of the “revenue reform committee” were canceled. The committee of about 50 representatives of labor, business and city leaders was the key “coalition” needed to get a revenue measure passed, Newsom said.

Newsom, who has taken his own knocks for skipping meetings with Board of Supervisors President David Chiu, pointed out that missing two meetings at a crucial time probably wasn’t the best idea.

“The momentum on that was substantially disrupted,” Newsom said on Monday.

The committee will try to regain its momentum when they meet again Friday . SEIU will know by Thursday morning whether its members approve a new deal.