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View Diary: Abbreviated Pundit Round-up (122 comments)

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  •  "American companies are doing more with less" (7+ / 0-)

    And that trajectory won't change for a very long time, if ever.

    We need massive amounts of Public Sector employment because the most successful of the Financial Elites don't give a damn about the consequences of chronic disengagement of millions of us lesser mortals from meaningful, legal and (largely) constructive economic activity.

     They believe they can build fences high enough, hire enough mercenaries, ultimately pick up physical stakes and relocate somewhere else if they really did underestimate the impact on their immediate selves.

    When you are right you cannot be too radical; when you are wrong, you cannot be too conservative. --Martin Luther King Jr.

    by Egalitare on Sun May 05, 2013 at 05:08:23 AM PDT

    •  Productivity (8+ / 0-)

      That much bragged about, ever-rising statistic in the United States, is nothing more than a measure of how automation and paring back of supply chains is ousting workers.

      We're building toward a system that's the most economically and logistically fragile economy ever built, which doesn't give me a great feeling about its sustainability.

      •  With just a little miscalculation, "just in time" (7+ / 0-)

        ...gets to be "out of time" so quickly.

      •  There's nothing "fragile" about increased (1+ / 0-)
        Recommended by:


        The recession has simply forced employers to seek out more efficient means to produce their products and services.

        And they won't be hiring new employees with job-killing policies like Obamacare unless they absolutely need them.

        There has been a fundamental shift in the US in regards to how businesses work.  The jobs won't be coming back any time soon.

        •  "Increased productivity," defined as (2+ / 0-)
          Recommended by:
          Heart of the Rockies, Bon Temps

          everything from utilizing automation to replace workers domestically, shipping manufacturing and jobs to low-wage locales, acquisitions and mergers to eliminate competition, lowering workers' wages to increase shareholder value, taking steps to block union organizing - a whole range of steps corporations have taken to raise their share prices and reduce the cost of doing business - was happening long before Obama came to office and implemented what you call his "job-killing" policies (only one of which is ever referenced, Obamacare).

          Businesses are not hiring because aggregate demand is markedly reduced as a result of continued deleveraging in the private sector, most notably by households.  Demand is only lately picking up, and some sectors of the economy dependent on household spending, such as retail, are still suffering the effects of the recession because those sectors of the economy are still experiencing recession.

          "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

          by SueDe on Sun May 05, 2013 at 06:36:44 AM PDT

          [ Parent ]

        •  "Job killing" policies? (4+ / 0-)

          Is this snark? Because employment in the health care sector is one of the fastest growing in the nation right now.

          “We are not a nation that says ‘don’t ask, don’t tell.’ We are a nation that says ‘out of many, we are one.’” -Barack Obama

          by skohayes on Sun May 05, 2013 at 06:41:52 AM PDT

          [ Parent ]

          •  He's using a Repub talking point. (2+ / 0-)
            Recommended by:
            happymisanthropy, skohayes

            They call it "job killing" because a study showed that one of the results of Obamacare is that older workers may be able to retire earlier.

            Repubs twisted that to mean -- less people working = less jobs = "job killing"

            Repubs want old people to work until they're in the grave.

            "Michael Moore, who was filming a movie about corporate welfare called 'Capitalism: A Love Story,' sought and received incentives."

            by Bush Bites on Sun May 05, 2013 at 07:29:01 AM PDT

            [ Parent ]

          •  You haven't been keeping up (0+ / 0-)

            or you would have seen the tons of articles letting us know just how big a disaster will be for businesses, and most especially, employees.

            The Coming ObamaCare Shock

            In recent weeks, there have been increasing expressions of concern from surprising quarters about the implementation of ObamaCare. Montana Sen. Max Baucus, a Democrat, called it a "train wreck." A Democratic colleague, West Virginia's Sen. Jay Rockefeller, described the massive Affordable Care Act as "beyond comprehension." Henry Chao, the government's chief technical officer in charge of putting in place the insurance exchanges mandated by the law, was quoted in the Congressional Quarterly as saying "I'm pretty nervous . . . Let's just make sure it's not a third-world experience."
            None of this counts the people whose employment opportunities will suffer because of disincentives under ObamaCare. Some, whose employers have to pay a tax penalty because their policies do not carry sufficiently generous insurance, will see their wages fall. Others will lose their jobs or see their hours reduced.

            Anecdotal evidence already suggests that these disincentives will really matter in the job market, as full-time jobs are converted to part time. Why would employers do this? Because they aren't subject to a tax penalty for employees who work less than 30 hours per week.

            There is some debate over how large these effects will be, and how long they will take to manifest.  However, the Bureau of Labor Statistics reports on a category of workers who will almost surely be involuntarily underemployed as a result of health reform: the 10 million part-timers who now work 30-34 hours per week.
            I would argue we are already seeing these effects.
        •  Wingnuts like you call Obamacare "job killing"... (2+ / 0-)
          Recommended by:
          wonmug, happymisanthropy

          ...because it will allow some people to retire earlier.

          I think that's a good thing.

          "Michael Moore, who was filming a movie about corporate welfare called 'Capitalism: A Love Story,' sought and received incentives."

          by Bush Bites on Sun May 05, 2013 at 07:01:57 AM PDT

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        •  One of the items that brought GM (2+ / 0-)

          to its knees was the cost of providing health care benefits.  How could Obamacare be more expensive than what they had before?

    •  Not only are they doing more with fewer employees, (1+ / 0-)
      Recommended by:

      but they have access to interest rates that are approaching zero.

    •  The public sector is doing more with less. (1+ / 0-)
      Recommended by:

      I'm reminded of that every time they put more kids in my classes and expect me to raise student achievement with less time, less materials, no professional development for the new curriculum, giving me more students and cutting my pay.  Yup.  That's a recipe for success.

      “It is the job of the artist to think outside the boundaries of permissible thought and dare say things that no one else will say."—Howard Zinn

      by musiclady on Sun May 05, 2013 at 08:07:57 AM PDT

      [ Parent ]

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