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Showing posts with label job loss. Show all posts
Showing posts with label job loss. Show all posts

Sunday, October 3, 2010

WANNA SKIP THE RECESSION? GO TO WORK FOR THE FEDS!

The Washington Examiner has done a study of federal government workers versus private sector workers. They found that federal employees have seen a big increase in employment and compensation at taxpayer expense, while private-sector workers have not fared as well.

"For nearly two years millions of private-sector workers have made often painful sacrifices because of failed federal economic policies and skyrocketing federal spending and debt. But the opposite has been true for federal workers," The Examiner stated.

According to the article, beginning in 2008, federal employees earning $100,000 or more a year jumped from 14% to 19% of the civil service workforce of 2 million. (That's right, there are 2 million federal workers running our lives.)

In two years Washington has added around 100,000 new jobs, while more than 7 million private-sector jobs were lost. And private-sector workers are paying for it through taxes.

The Heritage Foundation reported that 4 out of the 5 jobs Obama claimed were "created or saved" by the stimulus bill were jobs in government.

Rep. Mike Coffman, R-CO, has offered a proposal to furlough all nonessential federal workers for two weeks next year and to cut the salaries of senators and representatives by 10%. But the House Democratic leadership has steadfastly refused to schedule a vote on the bill. No surprise. It's been 77 years since Congress voluntarily took a pay cut.

Fortunately, come November we will have the opportunity to remind them what it's like to be unemployed.

Tuesday, August 31, 2010

1099 Required - Business Purchases $600 plus

Well, just as I reported in a Letter To The Editor in the past, here comes a hidden oops in Obamacare. From now on all businesses will have to provide a 1099 Miscellaneous Income form to every company that they purchase anything $600 or more. This will be one of the biggest business killer rules ever enacted.

The rule was obviously created by someone who has never owned or worked for a business. The regulation will cause all businesses to hire extra employees just to comply with this.

More will be written on this in the future, and I will follow it for you, letting you know when this goes into effect. But it will be a huge job buster as more and more businesses leave this country due to onerous regulation like this idiocy.

Obama, for crying out loud, don't you know anything about businesses?

Tuesday, August 24, 2010

GM fires American ad agency, hires France

Don't know if you all knew this when it happened early summer, but the advertising agency that brought us such memorable ad campaigns as "See the USA in Your Chevrolet" and "Like A Rock" has been fired by General Motors. Fired after 90 years of work for GM.

Campbell-Ewald is headquartered in Warren, MI (suburb of Detroit) in an area hardest hit by unemployment and job loss. GM has hired Publicis Worldwide, a French advertising company.

Remember, some of GM's upper management was put in place by the Obama Auto Czar to help turn the company around and create American jobs. Since the USA owns 61% of GM I would expect that the Auto Czar would have to sign off on this type of change at GM.

And the point is? Our tax dollars are now going to a French advertising company. Wonder how many French jobs will be created and how many American jobs will be lost?

Do you think Obama and Crew cares about us? Think again.