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Obviously, because Obama's left the economic outlook in a dither. No one can forecast the immediate future with such an incompetent leader. 

 

In case you haven't noticed, the Republicans only control one house of the Congress. and, nothing of the executive branch. If we can relieve ourselfs of this Carter wanttabe, US business can grow adequately to ensure enough business to justify hiring more workers.  If not, we're France for the immediate future and Greece in the long run.

 

 

Originally Posted by Mr.Dittohead:

The financial sector is making huge profits, perhaps because they can get money from the Fed at zero percent.  Corp profits from overseas activities are huge, with American corps sitting on $2trillion in offs**** holdings. 

 

 

They borrow money from the Fed at 0.1%, then buy Treasuries paying 3%. See how hard those "job creators" work for their big pile of money?

Originally Posted by interventor1212:

Which isn't happening!  Study up on the Austrian school of economics.  Then, get back to me.

________________________________

 

Super Genius... i KNOW it's not happening... hence, the topic at hand.

my suggestion... you study up... in another 30 years... you could be as smart as you think!

No one is interested in hiring anyone with the economy as uncertain as it is currently. The current administration has not shown any competent leadership to the business world. The business world has no cofidence in any of the unfulfilled promises and fail policies.

.No one in business knows how much Obamacare is going to cost them per employee.

Union and contracted employees benefits are based on a 40 hr work week, meaning benefits are not usually paid on hours worked over 40. This make overtime more cost effective than hiring more employees and is much more secure in uncertain times. If they truly are making the profits claimed then they are salting it away just in case this is a election year flash in the pan..

If business felt Obama was the way to more profits, they would be investing part of the profits on Obama's re-election campaign instead of investing their money to see him defeated .

Comedians and other entertainers seem to want Obama to stay, so I guess he's always good for a joke and a puppet show ... 

Willie,

 

You asked a question and received several legitimate explanations, along with the typical outdated liberal blather. 

 

O No answered:

“Because they found out that by working their current staff to death, they CAN make record profits. It is a lot cheaper to pay overtime than to hire a new person.”

 

O No may live in the 21st century, but his mindset is definitely Victorian as most socialist ideas are.  Worker efficiency studies were first made during the same period and updated since.  Working an employee over a certain number of hours a day and week leads to a drop in work efficiency and mistakes.  Its self defeating to exceed those limitations.

 

Ditzy and the Proper Propagandist took the line “They borrow money from the Fed at 0.1%, then buy Treasuries paying 3%. See how hard those "job creators" work for their big pile of money?”

 

Conveniently forgetting, of course, that this only applies to the banks, not the manufacturing sector, not even the investment houses.  Ditzy has a certain failure to follow thru. The Proper Propagandist is all propaganda and agitprop – truth not required.

 

I gave you the economic reasons.  FatRat gave the business reasons.  However, you only replied with a few buzz words and insults.  Whether you’re following in the Proper Propagandist’s mode, or simply have a failure to process information, I don’t know.  Ingestion of took much Jack and weed may be an explanation.

 

Once more, business is in business to make profits, not sit on their money. Unlike Scrooge McDuck they don’t like to hoard it in a vault, where they may play amongst the currency and coin.  Obama contributions to an uncertainty in the near and mid-term future have business leaders uncertain of how to go.  Taxes are uncertain. Employee costs are uncertain. New regulations are uncertain. The world markets are uncertain.  Businesses hate uncertainty.  They can plan for known and projected happenings.  They can’t plan when government shifts the ground they walk on at a whim. 

 

Yes, conservatives sad in November, knowing they have to put up with Obama for two more months.  

 

Like I said, there is a limit.

Per O No's linked article:

"But these higher levels of productivity are showing signs of faltering. Productivity levels are beginning to show declines, falling 1.8 percent during the second quarter of 2010, the largest decline in four years."

 

Generally, if productivity drops more than 2 percent, employers need to hire more employees and use less overtime. Appears the limit is being approached.

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