Why is there not enough jobs?

iVillage Member
Registered: 02-15-2007
Why is there not enough jobs?
37
Mon, 05-30-2011 - 8:51pm

iVillage Member
Registered: 02-15-2007
Mon, 06-06-2011 - 6:41pm

iVillage Member
Registered: 02-15-2007
Mon, 06-06-2011 - 6:55pm

iVillage Member
Registered: 08-10-2007
Mon, 06-06-2011 - 7:13pm
iVillage Member
Registered: 04-07-2002
Tue, 06-07-2011 - 12:10pm
I guess we just see this differently. While I don't believe making a profit is bad, I do think that it has gone way too far. IF those companies making huge profits would turn around & invest it in growing new industries & jobs, then that would be fine. However, too many just hide their profits overseas - meaning that they don't foster growth here nor do they pay taxes like they should be. If the motivation to 'send jobs overseas' or 'make record breaking profits' is to turn around & reinvest it in our own country...but it isn't. It's to make the Board of Directors & the largest stockholders even richer.

As for the Multiplier Effect...what I used to illustrate my point was derived from the local news media & the experience of having lived here all my life. My mother worked at Boeing during the SST era & she managed to survive & keep her job. She had to take stock options in lieu of raises for several years. But she was just happy to have a job. Many businesses closed - a lot of my friends had their parents lose their jobs. There was a billboard put up at the southened of downtown Seattle that said "Will the last person leaving Seattle please turn off the lights?" It was really that bad. All because one company lost a big contract.

 nwtreehugger  

iVillage Member
Registered: 08-30-2002
Tue, 06-07-2011 - 12:27pm

For me, one of the biggest grumbles, is military contracts. Even though these "no bid" contracts go to "American" companies, the "American" companies turn around and hire foreign subcontractors, pocket the profit by hiring companies that pay slave wages. The "American" company isn't doing anything but shifting US dollars (tax payer dollars) out of the country.

I mentioned in an earlier post, that the a jobs program, rebuilding failing infrastructure, could be a solution to get citizens working and consuming again. But when I was talking to my H about it, he said "the only way it would work is if they require American companies to hire American workers. Otherwise, some big American contractor will get the contract and start importing



iVillage Member
Registered: 04-07-2002
Tue, 06-07-2011 - 1:03pm
I don't get that either! Heck, I remember spending several summers as a teenager picking strawberries & blueberries. Hard work, didn't pay great but at least I earning money. Some Americans seem to have this idea that 'hard work ' (as in manual labor) is beneath them...even if they end up getting paid less. Makes no sense to me.

 nwtreehugger  

iVillage Member
Registered: 01-04-2011
Tue, 06-07-2011 - 3:21pm

*** Dexter, the number one reason, far beyond all others, that businesses are not hiring is that no one is buying their products, meaning that there is not enough spending.

iVillage Member
Registered: 02-15-2007
Wed, 06-08-2011 - 8:59am

iVillage Member
Registered: 02-15-2007
Wed, 06-08-2011 - 9:29am

iVillage Member
Registered: 01-04-2011
Wed, 06-08-2011 - 2:11pm

*** Dexter, you making a claim that a policy of President Obama hurts the economy or has caused uncertainty is not proof that the policy hurts the economy or has caused uncertainty. R3dx1 did the same thing and I already replied to him about that.