VIDEO ON MSN MONEY
Everyday in the news I read articles where corporations are firing people, like right here today:
" () is cutting 6,000 jobs, or 8 percent of its workforce, as it faces weakness in emerging markets and a slump in demand from telecommunications-service providers."
It is because so many middle class Americans no longer have jobs or they are under-employed, too few hours, too little pay and they don't have the extra money to afford the extras they once could. The economy goes up with a population that can afford the luxuries, not with billionaires who are making more money because of cheap labor from overseas. Their greed should be penalized with taxes on their imported shoddy products to provide for the Americans they put out of work. Penalize those corporations that send jobs overseas and reward those businesses that create jobs here in the USA.
Sure they are...
Much weaker retail sales... Cisco laying off 6,000-9000 workers... Awful housing numbers...
Are these people DELUSIONAL? Good luck pedaling this crap in November. No matter how you try to sugar coat it, the economy is still being propped up by the FED money printing. When that stops look out below.
And now rumor that the second quarter GDP number will be revised SHARPLY downward...
8 reasons economy is fuked up.
2. high food prices
3. high energy prices
4. high health care prices.
5. skyrocketing college tutions
6. high property taxes
7. high college tution
8. high inflation
The numbers are all lies.
Everyday you read about companies laying off people and closing stores, but the government cooks the books and lies to the American people about the true condition of the economy.
Hope for the long term unemployed are not jobs -- just hope-ium. The country needs real jobs.
A strong economy doesn't worry about a few snow flakes. A strong economy doesn't care about the weather.
If the economy is so strong then why are we in the seventh year of FED stimulus? The truth is without stimulus this country would suffer another major systemic collapse. The government and Wall Street are liars.
The consumer is not back. The consumer is tapped out. Businesses are not spending all those tens of billions on anything except stock buybacks, purchasing other companies, and IPOs. Housing is joke. GDP is negative.
There has been no "Recovery". President Obama is a liar.
Hate to tell you this, karl holm, BUT what we have here in THIS country RIGHT NOW is NOT capitalism, but STATE SOCIALISM [aka FASCISM]. People like you listen to the BS propaganda that capitalism is responsible for all this, when the fault lies with the socialistic corporations and the fascist politicians who are their bought and paid for minions.
CAPITALISM IS NOT the problem, STATE SOCIALISM IS!!!
NBC just came out saying how there are now more companies looking for employees than going back to 2001. 800,000 job openings in the northeast. 1,000,000 job openings in the northwest, west, southwest, south and southeast. That is almost 5,000,000 job openings.
Oh, yeah. And granted, NBC says, most of these jobs are part time. Oops. Sorry about that.
What a load of crap. NBC and MSN ought to be prosecuted for fraud.
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[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 shed less than a point, ending the week higher by 1.3%, while the Dow Jones Industrial Average (+0.1%) cemented a 1.7% advance for the week. High-beta names underperformed, which weighed on the Nasdaq Composite (-0.3%) and the Russell 2000 (-1.3%).
Equity indices displayed strength in the early going with the S&P 500 tagging the 2,019 level during the opening 30 minutes of the action. However, ... More
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