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Is the employment market recovering?

  1. kbschennai profile image60
    kbschennaiposted 7 years ago

    The Last 18 months saw very few vacancies available in the engineering sector. The services sector was a big casualty .

    But now, the India growth story is again gaining momentum. The Government's initiatives have proved worthwhile. Ambitious Infrastructure plans are being made and implemented. Huge spending is taking place to boost demand.

    Now the world bank report suggests hat India has managed the recession better than most other nations. This was possible because we have an economist as the Prime Minister.

    The Banking sector is witnessing improving demand for Loans.

    So get prepared for the situation for head hunting sooner than later.

    1. rhamson profile image76
      rhamsonposted 7 years ago in reply to this

      Th short answer is no and the long answer might well be no also.  There is such a loss of jobs in this country I don't think it will ever come back.  The reason being as inflation increases as it always does after a recession,  the reaction to drive costs down will be to farm the jobs overseas.  This is funny because if we have no jobs who is going to have any money to buy these new cheaper made products.  Oh, I forgot! I have a credit card.

      1. 0
        Scott.Lifeposted 7 years ago in reply to this

        It is ironic that one of the requirements for economic recovery is increased consumer spending, yet with the continued job-loss more and more Americans are cutting back drastically on spending. In turn companies are losing profit and being forced to cut more costs and more jobs. How exactly is it that the economy is recovering then?

        1. ledefensetech profile image81
          ledefensetechposted 7 years ago in reply to this

          One of the requirements for an economic recovery is having a sound foundation for a recovery.  Consumer economies that are dependent on debt are not, by their very nature, built on sound foundations.  You can't borrow against the future forever, as we're currently finding out.  Real recovery won't happen until we have the right economic fundamentals in place.

        2. rhamson profile image76
          rhamsonposted 7 years ago in reply to this

          The pathetic truth is that we have the best congress money can buy and we are being taken advantage of by it.  The race to the bottom by big business has almost been won and we lost.

          The rich love this situation as everything is on discount now and more bang for your buck is enjoyed.  Should we convert to socialism?  I hope not the dress code is too boring.  Should we get government back in the charge of the people?  I kind of like that.

          We need to make some decisions based on what is good for us and not some lobbyist.

          1. ledefensetech profile image81
            ledefensetechposted 7 years ago in reply to this

            That doesn't make any sense.  It's been the politicians that have gotten us into this mess.  They are the ones, after all, that can force us to do things by legislating it that we otherwise wouldn't do.  Wouldn't it make more sense to get the government out of business rather than inviting it the rest of the way in?

            1. rhamson profile image76
              rhamsonposted 7 years ago in reply to this

              I was wondering when you would weigh in on this. I know it is one of your favorite topics.

              I think the two are so entwined that it will take some extraordinary efforts to separate the two.  First you have to throw out the dirty politicians, then you have to get the electorate to agree, and third you have to have a structured plan to put jobs back in America that pay real wages.  The third part will require legislation rather than letting business find another way to squeeze the profits out of the workers.

              I know you believe in unbridled capitalism but someone has to step in and be a referee.

              1. ledefensetech profile image81
                ledefensetechposted 7 years ago in reply to this

                No you don't.  Look at the Galveston Plan vs Social Security.

                http://www.ncpa.org/pub/ba514
                http://rider.wharton.upenn.edu/~prc/PRC/WP/wp99-22.pdf
                http://books.google.com/books?id=8JRdFn … mp;f=false

                You can't convince me government is an impartial referee of the marketplace until you can answer one simple question.  How do you keep a government regulatory agency from becoming infiltrated by players from the very area the regulatory agency is supposed to oversee?

    2. Jane@CM profile image60
      Jane@CMposted 7 years ago in reply to this

      After working on the laptop for 2 -3 hours a day and my hubby on his computer for 6 or 8 hours a day looking for a job, I would say NO.  Nearly all the jobs that meet his qualifications are out east or in the Silicon Valley.  There is nothing here in the Midwest.  For each of those jobs he is applying for, statistics say 500 other people are applying for the same job.

    3. 60
      Jetdude39posted 7 years ago in reply to this
  2. 0
    shinujohn2008posted 7 years ago

    Employment market is facing ups and downs. Even if the market is recovering , the employment problem will be solved only if it is able to provide jobs to all those people who lost jobs and to the people who are looking for jobs at present.

  3. Interview Coach profile image61
    Interview Coachposted 7 years ago

    According to the US Department of Labor, there was continued job loss in September of 2009 with the unemployment rate rising to 9.8%. This would indicate that the employment market has not entered a recovery phase. Once the employment situation does start to turn around it is important to keep in mind that the unemployment rate historically recovers at about 1% per year (full employment is considered to be a 5% unemployment rate).
    This means we should have a tight job market for a few years at best.

    According to Michael Neece, CEO of Interview Mastery, during a tight job market it takes 17 job interviews to get an offer. This compares with a ratio of 6 to 1 in times of full employment. This statistic reinforces the need for interview preparation. Since most candidates don't put much effort into interview preparation those that do will have a competitive edge. The most qualified person does not necessarily get the job. It is the candidate who best convinces the hiring manager of their capabilities to make an impact in the organization. How to prepare for an interview is a critical skill in today's job market.

  4. endeliz profile image61
    endelizposted 7 years ago

    THE U.S GOVERNMENT IS LYING TO THE GENERAL PUBLIC !
    the only reason India is seeing Growth IS BECAUSE WE KEEP SHIPPING OUR JOBS THERE ....
    HELLO ! ! !
    WAKE - UP ! ! !

    SMELL THE STARBUCKS COFFEE WE CAN NO LONGER AFFORD !
    take a look at the numbers ...NOW ad in the numbers of people who are out of work that are INDEPENDENTS who no one seems to ever think of .
    They do not care , as long as they STILL HAVE THEIR JOB !
    Yes there is a DEMAND for LOANS ....
    BUT, NO ONE IS GETTING THE LOANS!
    PLEASE READ MY HUB .
    "BIG FISH WILL FRY NO LITTLE FISH LEFT TO EAT !"
    THINK IT SAYS IT ALL

  5. 0
    Scott.Lifeposted 7 years ago

    In Tennessee and much of the American Southeast, job loss continues to grow, and is expected to reach 10.5% by next spring. They predict here that the state will not see any kind of reversal until 2011, and expect the current unemployment rate to become the new norm over the next five years. The State office expanded further by saying that even once unemployment claims begin to fall it will only indicate that those filing for claims or eligible for benefits are falling off but those out of work will continue to rise. Most people have simply given up on looking for jobs as there are few available. In my area the economy continues to fall and lay-offs have begun. There literally aren't any jobs to be had. Companies here can't even afford to pay the employees they do have.

    I can not afford to relocate, I can't even afford gas. I am starting college next spring thanks to government grants and loans. I hope to be able to find something part time, nights and weekends after winter, but for now am just barely hanging on. From what I read this is the truth for millions of Americans no matter what the news is saying.

    1. 0
      ryankettposted 7 years ago in reply to this

      With all due respect, and I know that your a good bloke, if you are in that situation.... then your profile can now be considered very condradictory. Maybe there is potential for a second account there, but visitors to your profile get to see your forum activity.

      Your profile says "I work online with people across the nation to help them realize the relationship, success, and career goals that they dream about.", but if I wanted to get ahead and take advice on career goals, would I ask somebody without a job?

      1. 0
        Scott.Lifeposted 7 years ago in reply to this

        I do work online, and its barely paying the bills, and I do consider myself unemployed as the little money I make counseling continues to fall off as people cut spending. I always like to hear from smart asses like yourself who judge the world by your own life. Until you live where I do and go through what we are don't comment on what works and doesn't. I think being someone looking for a new career makes me somewhat of an expert on the subject and I have helped hundreds of people find new careers by doing exactly what I write about, going back to school and changing the way they think. I am doing exactly what I advise people to do. As for your opinion when you live here I might be more inclined to listen. What good is advice from someone who doesn't have a clue what they're talking about...seems to apply to you as well doesn't it.

        Guess I could just lie about how things have changed since I first started my profile, would that be more to your high literary standards Ryan? I mean you're the authority on Hubpages don't want to offend you, and get banned, after all you do have all the answers for us mere mortals and simpletons here in America.

        1. 0
          ryankettposted 7 years ago in reply to this

          It doesn't matter where you live, if you are struggling to be successful or live a fruitful lifestyle yourself then you are not the greatest candidate for giving people advice on lifestyles or careers. I am working for minimum wage, in an area with lots of unemployed people, does that qualify me to give people career advice? Not sure what your talking about with regards to authority or being banned, or how they are supposed to relate to each other in any way. In fact I'm not sure how 'Literary standards' are relevant either, I just get fed up with you guru types who offer 'expert' advice with no expertise whatsoever. Are you a member of a relevant professional body? Or do you hold a relevant degree? Or have you worked in recruitment or headhunting? Maybe you are, maybe things are just different in America. I have already seen a hubber who has claimed to have cured cancer, maybe that can be your next idea.

          1. 0
            Scott.Lifeposted 7 years ago in reply to this

            Guru, coming from "one of the greatest living writers" that's funny. I don't claim to be an expert on anything Ryan, I do state that I help people improve their situation. The moment you start qualifying yourself to anyone you lost the argument my friend, and no you don't know what its like in America. Professionals everywhere are now penniless and unemployed. Does that mean they don't know how to be successful or that events beyond their control forced them out. I guess by your definition its their fault. I mean obviously all of unemployed workers here in the states deserve it, we just don't know how to be profitable I guess.

            Get your facts straight before you come at me about my own life, I don't promise anyone anything or claim to have the inside scoop.I don't make any guarantees and I'm not on here hawking any product or system. I write about my own experiences and life. What I say I do on my profile, does not have any relevance to where I have ended up due to harsh economic failures. I know you think you're quite clever and witty but all you come off as is elitist and arrogant, you have built a reputation on Hubpages for condensation and belittlement, and I have no time for your assessment of my life or success. I'm not here for your approval or opinion and if you don't like my "Guru" statements then don't read them I certainly don't remember asking for you to.

            1. Misha profile image76
              Mishaposted 7 years ago in reply to this

              LOL Ryan, your delivery sucks as usual. Wrong timing, not very good wording... And instead of getting your message through, you got Scott on defensive right away. You need to work on delivery skills Ryan. smile

              I agree to the message, though.

              1. 0
                Scott.Lifeposted 7 years ago in reply to this

                Misha, I have often felt that as the economy dwindled and forced me into a worse situation that I needed to find another way to be successful. I quit working as an adviser to inmates because I felt I wasn't a good enough success story and needed to work on my own life for awhile. I reduced the number of online clients I have to just a few weight loss programs as I am still a success at that, and I have taken steps to move towards a better career. Comparing me to a guru though is a little much, and a bit presumptuous, as is comparing me to the guy who claims to have cured cancer. I have only ever stated that I help people achieve their dreams and goals. Never once have I on this forum or otherwise claimed to be an expert on job finding or success. I do talk about what I have done and what has worked for me, but I don't claim to be the expert on anything. neither do I spend my time telling others on here what they need to do with their profiles or lives. 

                I do recognize Ryan's point but to assume that it's something I don't consider or lose sleep about every night is arrogant to say the least. There are many people who look to me for advice and direction and I worry greatly about the example my life gives. But I also feel it is essential to be honest about my situation and condition. I am very frustrated by the inability of qualified individuals to be able to procure even the most basic of jobs in this economy. I do not need anyone's criticism over actions I am not guilty of, especially when their own profile is a monument to self-centered ambition and ego, but that is his profile not mine and whether his actual life lives up to what his profile claims is on him not me. However I have tweaked my profile to more accurately represent my current situation. Ryan wasn't trying to be helpful or even give advice but to belittle someone. It's his SOP and what he's known for.

                1. Misha profile image76
                  Mishaposted 7 years ago in reply to this

                  Since the part of your profile Ryan mentioned is gone already, I think you made a wise move. smile

                  I agree that he could have worded it much better. At least he did not call you a stupid idiot and such lol

                  I really don't think he meant it the way it came across. smile

                  Many of us on this site are in your shoes Scott, and many can relay to what you are saying, including myself. We'll make it, I am sure smile

                  1. 0
                    sandra rinckposted 7 years ago in reply to this

                    Me too. smile

    2. endeliz profile image61
      endelizposted 7 years ago in reply to this

      some really may not understand but i however know exactly what you are talking about and i am doing it with 3 kids and 1 cat ..we were actually homeless for over 18 months , when you try to look for the SO CALLED resources they look at you like something is wrong with you , why you cant just go get a job today ?
      my only fear for you is all the grants and loans for school really might not do much at 40 yrs old all the people  i went to school with all the ones who graduated from collage in all honesty in chicago not one of us have a job or have a job doing what we went to school for .
      the us companies have to stop out sourcing all OUR  JOBS to China ,India...WE DESPERALTY NEED OUR JOBS BROUGHT BACK HOME if we are EVER going to come out of this ..and well i am sure most AMERICANS WOULD RATHER TALK TO AN AMERICAN WHEN THEY CALL CUSTOMER SERVICE ?? that one still steams me...but the big companies are so BUSY BEING COST EFFECTIVE FOR THEIR BILLIONS .....NOW WE HAVE NO JOBS..WHO DID IT DO ANY GOOD FOR ?

      1. ledefensetech profile image81
        ledefensetechposted 7 years ago in reply to this

        Don't expect those jobs to come back unless it becomes less expensive to hire Americans.  That means pay cuts and getting rid of things like unemployment insurance, workman's comp insurance, etc. 

        Barring that, look at areas that are growing.  Healthcare is critically short of people, that's why things are so expensive.  That's why I'm looking at going for a master's program to become a Physician's Assistant.  PA's and NP's are going to be the winners after it's all said and done.  While doctor's numbers will dwindle as pay caps will be instituted among them, you'll see more and more primary care being taken in by master's level people. 

        As for the billions given to bankers, well the bankers gave millions to the political parties, surely you don't expect them to get nothing for their trouble.  Isn't democracy great?

        1. 59
          C.J. Wrightposted 7 years ago in reply to this

          The healthcare field is short of workers, true. However people need to realize that many qualified persons are not working in the healthcare field. Nursing, for example has a high burn out rate.

          1. rhamson profile image76
            rhamsonposted 7 years ago in reply to this

            How are these lower paid Americans going to pay for your P.A. services?

            The truth is we are working harder than we ever have before for less wages.  The answer to work just as hard to make even less makes less sense.

            1. ledefensetech profile image81
              ledefensetechposted 7 years ago in reply to this

              You obviously don't understand what it means to have deflation occurring.  Look around you; things, especially big ticket items, have had massive price cuts over the last few months.  Ironically, you don't see that in education, because of the FAFSA subsidizing the cost of education.  Oh look, another example of where socializing the cost of something drives up the cost.  Will wonders never cease?

              As for paying for the service, well that's simple.  As the numbers of PA and/or NP's increase, the cost to use their services will decrease.  Higher supply of something, less cost.  PA's and NP's unlike doctors don't have a monopoly over their services.

              1. rhamson profile image76
                rhamsonposted 7 years ago in reply to this

                And guess what they still are not selling.  The glut of foreclosed housing is still at astronomical levels.  I am in manufacturing and my costs have skyrocketed in the last year with this recession driving it.  The competition has driven down wages to the point it is more profitable to not take the jobs because you would be paying the customer to work.  Oh by the way this has caused a lot of my competition to go bankcrupt.

                Your let the market place dictate is a race to the bottom and only serves the rich.  Forget about the middle class. Who?

                1. ledefensetech profile image81
                  ledefensetechposted 7 years ago in reply to this

                  Your story is great, but light on details.  You're in manufacturing.  Great, what do you make?  The answer to that question really does make a difference, you know.  I suspect it's a part of the housing mess because of all the bankruptcies you're talking about, but I could be wrong about that.

                  What I can say for sure, is that because your sales were financed by debt and not savings, sooner or later, your industry was going to crack up.  You cannot sustain growth forever using debt.  Government policy dictated that, not the free market.  The fact that the government uses the Fed to pay for all of it's welfare boondoggles at the expense of the future is what got us here, not the free market. 

                  Because we allowed bubbles to emerge in the economy, what you're seeing in your sector is a reevaluation of what is really needed.  Obviously there was too much of a supply of whatever it is you make.  That's why the price has crashed and you're going through hard times now.  That's what you get when you subsidize one area of the economy at the expense of another.

              2. rhamson profile image76
                rhamsonposted 7 years ago in reply to this

                Your citing that the more people supplying these services will drive the cost down doesn't make sense.  With the cost of education going up these people will not be able to pay for their degrees because of the lower pricing demands by competition and they will either go bankrupt or find something else.  Your scenario still describes a race to the bottom with only failure the result.  We will all go broke with that plan. The term freedom isn't free takes on a whole new light in those terms.  It will cost you everything.

            2. 59
              C.J. Wrightposted 7 years ago in reply to this

              The economy was artificially inflated....the bubble popped. Don't you think the wages were artificially inflated as well?  Don't you think the litigious nature of our society has encouraged jobs to move?  The unrealistic wages are not the only reason jobs left.

        2. endeliz profile image61
          endelizposted 7 years ago in reply to this

          oh wow health care ???

          ANOTHER  MAJOR PROBLEM WE HAVE IN THIS COUNTRY !

          sorry not all of us have a stomach for that type of thing NOR is it our thing , and we as Americans should NOT have to be limited to CERTAIN AREAS OR FIELD,
          the Housewife or Retiree , High school kid , or SINGLE PARENT  should be able to afford the GAS to get to work and HAVE A JOB TO GO TO  , but hey  ..all you even see working anywhere is who ????
          MEXICANS AND INDIANS ...CERTAINLY NOT ANY AMERICANS !
          and boooo hoooo if they would have to pay us what we are WORTH ! 
          then again , if we were not paying threw the nose for EVERYTHING  they would not have to pay us more .....and come on....aYOU CANT TELL ME WITH ALL THE INSANE BILLIONS THAT ARE MADE DAILY THEY CAN'T AFFORD IT !

  6. 0
    Crazdwriterposted 7 years ago

    Let me think...I'm still unemployed...so nope it's not recovering...just heard in SD that more teachers are going to be laid off so nope not recovering sad

  7. 0
    ryankettposted 7 years ago

    It will take about 12 months from end of the recession before the job market even begins to recover. At the moment the US economy, like the UK economy, is still shrinking. At the point where it experiences a quarter of even marginal growth, and that growth is sustained for a few more quarters, you will begin to see improvements in the labour market. Although even with growth there will be more job losses to come over the next 12 months.

    1. 0
      Crazdwriterposted 7 years ago in reply to this

      *sniff sniff* yep a lot of them being teachers too

      I WANT A JOB!!! sad

    2. ledefensetech profile image81
      ledefensetechposted 7 years ago in reply to this

      It'll take longer.  I don't know about the UK, but the US is about to have a few more "major players" in the banking sector go down.  For a lark, I shorted BOA on a paper stock trading app on Facebook.  I was in the hole up to 700k at one point, but now I'm up 182,000.  Once the stimulus goes away...well...there too will go the so-called green shoots.  And we still haven't paid for that particular boondoggle.

  8. 0
    lynnechandlerposted 7 years ago

    It's not recovering here either although there is some hope on the horizon according to our local paper. We have a new hospital and a new cancer center in the works. The predominant hiring force at the moment in my area is health care and government jobs.

    This being said our jobless rate is hovering at the 10% mark and that is just the people who are reporting. I cannot imagine what it would be if everyone who was out of work like me reported.

    I am one who believes like Scott that you have to take your future into your hands and do something. I made the call today and am going to see about getting my nursing degree. Sure I will be 50 when I graduate but I will still have many years to work since they keep changing the retirement age, lol.

    Make your own way, I say!

  9. 0
    Crazdwriterposted 7 years ago

    Jeez Ryan why are you constantly attacking ppl?

  10. Wendi M profile image81
    Wendi Mposted 7 years ago

    Here's a good sign, for me anyway...our company just announced, today, that we will be getting January's 5% cut, back in our paychecks beginning December 1st (my birhtday!)

    Happy Birthday to me!

  11. BundleBoy profile image68
    BundleBoyposted 7 years ago

    Great news Wendi! Probably the first good one I am hearing after a long time. No such luck for me though, just clinging on to my job.

    (Advanced) Happy Birthday!

    1. Wendi M profile image81
      Wendi Mposted 7 years ago in reply to this

      LOL, thank you Bundleboy.  It's a little early, but I'll take a Happy Birthday any day of the year.

  12. Paradise7 profile image85
    Paradise7posted 7 years ago

    Condescension.  I think, Scott, Not condensation.  Feeling patronized.  He's just young, Ryan is just a young guy who might not have struggled so much or learned so many life lessons so far but give him time, he will.

    I know here in the US a lot of people that are used to thinking of themselves as highly successful business people; accountants and so forth; educators, teachers, college professors; everybody except for those in the health care field it seems, have had to take a big step backwards in their careers and are now either unemployed or underemployed in jobs that don't have anything to do with their original qualifications.

    It's a tough go.  We try to supplement our incomes with various and sundry projects, sometimes with varying degrees of success.

    Sometimes looking at the online things, it looks to me that everyone is chasing after the same shrinking dollars, here in the States, and more and more people are climbing on the internet bandwagon every day while the dollars being spent on the internet are getting fewer every day.

  13. 59
    C.J. Wrightposted 7 years ago

    I've said this before in discussing this economy....People will be surprised at how little they will work so hard for if they don't wisen up and start taking responsibility for their own well being. It would seem as though nearly half of the US are now behaving like a spoiled rotten teenager. They want a cool cell phone, a cool car, a job that pays a lot for a little...oh and "free health care"  Its absolutely MAD!

    1. rhamson profile image76
      rhamsonposted 7 years ago in reply to this

      What part of public option is free?

      1. 59
        C.J. Wrightposted 7 years ago in reply to this

        That was a general statement...its been said here in the forums as well as other sites such as these.....However there are some who will pay nothing. We have lots of homeless people. Are we going to have "Housing Reform" The Administrations moto is "Never waste and Emergency"....
        Its this whole "Ready FIRE Aim" approach that's got me baffled.
        We have a failing medicare/ssi and social security system. We want recreate health care without addressing the problems, the fraud, the waste. We are simply to believe that the new system will pay for itself because it will recover the monies lost from fraud and waste. Why not prove it can be efficiently run? No, thats not a good idea, apparently a good idea is to increase deficit spending in a weak economy......Absolute MADNESS!

        1. rhamson profile image76
          rhamsonposted 7 years ago in reply to this

          I agree that there is always going to be people who skirt the law and there are plain simple lazy do nothings. But the total expenditure for the welfare system takes about 2% of the federal budget.  It seems hardly a point worth discussing when you look at the big picture.

          We already have bailed out the rich with TARP program and what did we get for our money? It hardly seems that investing in OUR future is a bad idea.  I also am concerned with the way government manages our money but we need to get some sort of healthcare relief and the status quo saying just work harder doesn't make it when you consider the increased expenses looming.

          1. 59
            C.J. Wrightposted 7 years ago in reply to this

            Only 2%? You sure? What about the matching monies that states have to put up?  You see thats the slight of hand tricks that have been going on too long.....

            Manditory Entitlement Programs % of Federal Budget.
            Social Security: 23%
            Medicare: 12%
            Medicaid: 7%
            Other Means-tested entitlements: 6%
            Mandatory payments (pensions, etc.): 6%
            Net interest on debt: 11%

            By the way you didn't respond to the current conversation...you just changed the subject.....I assume you thought when I said "taking responsibility for their own well being" I meant the poor. I didn't mean them specifically. They are a small number compared to the HUGE number of working class citizens who have clearly been living beyond their means for the past 30 years.

            1. rhamson profile image76
              rhamsonposted 7 years ago in reply to this

              I only cited the welfare system because it is a hand out.  Guess what you paid taxes for these other so called entitlement programs.  At least I hope you paid for your social security and other payroll taxes.  Guess who puts up most of the other matching funds, Your employer.  Get your facts straight before you try your slight of hand tricks.  As far as changing the subject I am just following the conversation where it leads.  And if you want to split hairs the healthcare debate is very current with jobs as the lack of healthcare reform is greatly affecting jobs especially with the over fifty crowd.

              1. 59
                C.J. Wrightposted 7 years ago in reply to this

                Now your mixing and matching facts. The employer matches ss etc. The employer DOES NOT match welfare, the state does. You mentioned welfare because it was a "hand out" thats what I addressed.  Means tested entitlements....hand outs.....based on need. Its 6% not 2%....don't forget the states provide monies too. I take it your a business owner.

                1. rhamson profile image76
                  rhamsonposted 7 years ago in reply to this

                  In your excitement you failed to notice I did not group welfare into that package.  I cited the welfare federal budget at 2% because that is what it is, the accompanying state matching funds go state by state. Did you average that 6% state figure or is it from your state.  Regardless the matching funding is a choice your local representatives make.  When you look at the percentages of the federal government spending in areas such as military, education and so on it totally dwarfs the welfare figure.  Not worth mentioning when you get down to it. And yes I own two business.  Oh by the way have you heard about the fat and lazy middle class you cited that have been living beyond their means, don't worry about them because they will soon be on welfare.

                  1. 59
                    C.J. Wrightposted 7 years ago in reply to this

                    The point is that 2% doesnt do the dishes no matter where you live. Therefore the figure is misleading.  Providing for the common defense....its in the constitution....sounds like a good reason to tax, if you must. Is there waste there? ABSOLUTELY!  Do a check on DFAS and how much money they can't account for each year.  Its scary. Education, "no child left behind" UNFUNDED MANDATE! In my personal opinion we already have socialized education (American Version). Look how poorly we run it. Americans are bad at socialism. In a true socialist school system students would NOT all be entitled to the same education. 

                    I just noticed that we are WAY off topic!LOL
                    Do you think the employment market is recovering?

              2. 59
                C.J. Wrightposted 7 years ago in reply to this

                I wasn't trying to make it personal with the "slight of hand" statement. I was speaking to the issues regarding unfunded/partially funded federal mandates. When percentages are given in regards to the federal budget only, it doesn't allways give and accurate picture. Further the attitude that it only consist of x% of the budget is the very attitude that got us into this mess!  Lets say for arguments sake that 2% is correct. That would be somewhere in the neighborhood of 100 million. Now we both agree that there is some draft in federal entitlement programs. Would if 50% of the 2% was fraud waste and abuse? Wouldn't you as a tax payer want that 40 million spent wisely? Doesn't it offend the senses that we use 2% to represent 40 million? Just a hypothetical of course. Its used to illustrate a broader point. Fix what we have, you can't spend and regulate all your problems away.

          2. ledefensetech profile image81
            ledefensetechposted 7 years ago in reply to this

            You're out of your mind.  Welfare expenditures and other entitlement programs make up the bulk of the federal budget.  Yes TARP is welfare too.  Without that money those banks would have been out of business and good riddance.

            1. rhamson profile image76
              rhamsonposted 7 years ago in reply to this

              Based on your understanding I am.  Your alarmest distortions do nothing to further the argument.  Perhaps its your definitions of what entitlement programs are that fuel your refute of the facts.  All my research and reading plus talking with economists in my area who work for private and public companies say that the focus on entitlement spending is futile.  It is like squeezing blood from a rock.  We just don't spend enough on their programs to warrant removal of the the good that they do.

              Try looking at the military budget and the education budgets to find the fat.  Go to local community hearings when there is an education budget review and see the turn out you get from teachers crying foul when they count the cut in their increase as a cut in their pay.  The military demanding monies that they know they don't need but if refused will cut the following years allocation.  I suggest you are out of your mind by distorting the facts and just no help in this argument.

              1. ledefensetech profile image81
                ledefensetechposted 7 years ago in reply to this

                Oh your numbers work if you leave out Social Security, Medicare, etc.  Hey I'm the first person to say get the federal government out of the schools.  Also we need a better procurement system in the military.  Don't expect our "representatives" to change the system though, it would muck up their bribery system.  Still entitlement programs make up 55% of the budget.  It looks like we can make most of our savings by looking there.

                http://www.cbo.gov/ftpdocs/78xx/doc7851 … ending.pdf
                http://www.gao.gov/new.items/d07497t.pdf

                Looks like the CBO and the GAO are saying the same things.  You really might want to check your assumptions at the door, rely less on ad hominem attacks and, you know, look at the facts instead of spewing unfounded propaganda.

      2. endeliz profile image61
        endelizposted 7 years ago in reply to this

        FREE HEALTH CARE IS A PROBLEM TO YOU ??
        WELL HONEY I HOPE LIKE HELL YOU ARE ONE OF THE ONES WHO GET LAID OFF LOOSE YOUR INSURANCE AND WE WILL SEE WHAT YOU HAVE TO SAY THEN !
        AND NO WE DO NOT WANT A JOB THAT PAYS ALOT ..WE WANT A JOB THAT PAYS !
        WE WANT A JOB THAT WILL BE THERE TOMORROW  ..WE WANT A JOB THAT WILL FEED ,CLOTHE AND HOUSE  OUR FAMILIES !
        MOST OF ALL WE JUST WANT TO STOP PAYING THREW THE NOSE , GETTING KILLED ON TAXES ( THE PRETENSE OF WHAT THIS COUNTRY WAS STARTED ON ) AND DAMMIT WE JUST WANT TO LIVE A DECENT LIFE !

        YOU AND OTHERS LIKE YOU ARE WHAT AND WHO IS MAD !

        1. ledefensetech profile image81
          ledefensetechposted 7 years ago in reply to this

          Honey, I am off insurance and a diabetic to boot.  I'm totally opposed to the healthcare ripoff going on in Washington right now.  You might have a better chance at talking to people if you lay off the caps thing.

        2. jiberish profile image78
          jiberishposted 7 years ago in reply to this

          It's not going to be free!

          1. ledefensetech profile image81
            ledefensetechposted 7 years ago in reply to this

            Oh it'll be free for some of them, the rest of us will wind up paying.

            1. jiberish profile image78
              jiberishposted 7 years ago in reply to this

              Oh, I forgot, duh! Some get it free already. smile

        3. 59
          C.J. Wrightposted 7 years ago in reply to this

          Carefull, using phrases like "YOU AND OTHERS LIKE YOU ARE WHAT AND WHO IS MAD !" Could be considered a personal attack and get you banned. I'm not in to tattl'n so no worries from me.

          "WE WANT A JOB THAT WILL BE THERE TOMORROW  ..WE WANT A JOB THAT WILL FEED ,CLOTHE AND HOUSE  OUR FAMILIES !
          MOST OF ALL WE JUST WANT TO STOP PAYING THREW THE NOSE , GETTING KILLED ON TAXES ( THE PRETENSE OF WHAT THIS COUNTRY WAS STARTED ON ) AND DAMMIT WE JUST WANT TO LIVE A DECENT LIFE !"

          Where did I say that I was against any of that? What I was addressing was the HUGE section of America that have been living beyond their means for far too long. The sense of entitlement that is running rampant in our society. By the way if your tired of paying taxes through your nose, your going to hate "free health care".  You will LOATH cap and trade.  I do hope that things turn around for you.  Its obvious that you have had a tough run of late. Whishing ill on others isn't going to help.

  14. 59
    C.J. Wrightposted 7 years ago

    The employment market is not growing. The employment market was shrinking prior to the economic downturn. The employment market does not recover as much as it grows with a growing economy. There is realy no such thing as a "jobless recovery"  Thats whats called putting lipstick on a pig!

    1. 0
      sandra rinckposted 7 years ago in reply to this

      Really? sad

  15. Racing Saturday profile image80
    Racing Saturdayposted 7 years ago

    Supposedly we are in a "jobless recovery".  This has to be the ultimate oxymoron!  Job loss is still going up, consumer spending is going down. A bright spot, if you will, is that the US savings rate is up. Though, this may be due to the job worries many American citizens.
    NO, the employment market is not recovering!

    What is the antidote?
    1) Cut the payroll tax (FICA on your paycheck stub) to 5%.
    2) Cut the capital gains tax to 10%.
    3) Cut business taxes across the board.

    This will allow many Americans to have more take home pay and allow businesses to invest in growth.  John F. Kennedy once remarked, "A rising tide lifts all boats". cool

    1. 59
      C.J. Wrightposted 7 years ago in reply to this

      Agreed!

  16. 60
    sneakerchickposted 7 years ago

    thank God, recession is over.....i think now,it's a time of big boom

    1. rhamson profile image76
      rhamsonposted 7 years ago in reply to this

      LOL Wait a minute isn't it true because the news media told us so?

  17. 61
    Rosa Bergerposted 7 years ago

    Well, the Dow Jones is over 10,000 now and that seems to be all that matters to the media. The abysmal figures on unemployment, children in poverty, etc. go unnoticed.

  18. Cagsil profile image60
    Cagsilposted 7 years ago

    Jobless rate now up to 10.2% and rising.

    Link to the story.
    http://www.cnbc.com/id/33714693

    For anyone who wanted to know.

    1. 61
      Rosa Bergerposted 7 years ago in reply to this

      The question is whether those who are in power to change things want to know.

 
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