Where Are The Jobs

Looking For Work

 UNemployment  Numbers Increase

Mr. President stop your insanity

So the numbers are out this month and guess what?  The Dow hit 14000 early this morning. The first time since 2007.  The un employment rate went to 7.9 %. An uptick from 7.8 % from last month. Wow, so I guess this is the new norm. Your 401 K if you have a job is doing great and you who have a 401k ,usually  are employed. Not so happy are those looking for a job. Or, those 12million who are under employed. Meaning they are either earning less or are employed part time. Yeah, that is real progress. Ya' think, I don't.  In addition to that the reports indicate that the economy is shrinking. That's right, all of you who say things are getting better but not fast enough. Here is a flash. When the economy shrinks, things are not getting better. So what do you want to do folks. You want to take the money that is earned in the stock market by those who invested in it and spread it around. Well that is a great idea if you are prone to wearing a stocking over your head.  Keep in mind folks that the money earned in the market is also money that working folks put into it. Yes, that is right. It is union dues and money that workers like you and I sacrifice from each and every paycheck. Or, are given as part of a union contract. You know collective bargaining contracts that insure your pension will not be without dollars. When it comes time to hang up your working clothes. Yes, some of that money comes from off shore accounts and those big bad oil companies.  That Al Gore had no problem collecting a profit of $100 million dollars from when he sold his 20 percent of Current T.V.

So again what do you want to do? Raid the coffers of the big corporations. You steal from your neighbor when you do.  Come on, any one with any sense and common decency would not want to see that happen.  First because it is immoral. Second, what will be left when the well runs dry. As Margaret Thacher once said, " socialism is fine until you run out of other peoples money".  No, the answer is jobs. Opportunity to grow with others. Opportunity to have the ability to also have a 401K. You can't  have those opportunities if the economy shrinks.  Do you want to print more money and perhaps put it out there to increase the flow of dollars or what ever other money supply you think needs it. Well that's fine to a point. Until the money you have in your hand can no longer buy a loaf of bread. Known as inflation. Or, would you like to have a situation where the money flow is limited and there is no spending.  That is called recession.  No spending means no work. No work means you have an employment rate that is woefully low and un employment high. No money no honey, baby.  No growth.  That is what we have right now...... We are there.

The Jobs Council was disbanded yesterday by Mr. Obama. The Council met a total of 4 times. I don't think that members really did anything that was constructive. However, they did make some recommendations that were treated the same way the Simpson Bowles recommendations were treated by the President. They were ignored. Now he picked these guys. A collection of big business leaders who supported him. On of which was Jeff  Imelt former head of General Electric who also owned NBC . A news network known to be biased in favor of Mr. Obama. Who almost immediately sent more jobs overseas. One of the recommendations was less regulation on business. Rather than take up these recommendations. Mr. Obama has increased regulations. A slew of them for the coming next term. Continuing the failed economic policies of the first term. 

Mr. Obama has a problem. He does not take advice. The ship is sinking and he will not start the pumps to stem the incoming sea water in order to save fuel. He continues to insist that the sailors use buckets to bail out the incoming water. It has not worked and will not work. Just yesterday the cost for the bail out of G.M. added another 6 billion dollars to the tab for the taxpayer. It is now a grand total of 27 billion dollars.  Instead of letting the free market work he insists on hobbling it for the sake of an ideology that has failed every where it is tried. It is easy to see why he insists upon this route. First his experience is one based upon little or none in the area of business. His only job was that of a lawyer in the area of community activist. By definition that is where you take money that is produced. Not one of producing wealth but  rather distributing someone else's.  Can that possibly work. Of course not. All it produces is a class that does not contribute to themselves or the rest of us. It is a form of placating those that do not have and creates more of it.  People do need help and should get it.  How in the world will anyone be able to provide that help if they themselves eventually need help themselves.  A shrinking economy will not help any one. It is time for the President to acknowledge that he is wrong and the free market is right for this country and the world.