Obama Economy: Jobs Created In August: "ZERO"!!!!!!

Quote from Ricter:

So, for example, if the waste disposal regulations were eased on my Wyoming manufacturing plant, my customers would buy more of my product?

its not a demand issue, its an expense issue. perhaps your wyoming plant would have hired 2 employess to help out on some project but with the added regs and cost of compliance they say screw it, current employees need to work harder because we need to hire a lawyer to figure all this shit out.
 
Quote from Ricter:

So, for example, if the waste disposal regulations were eased on my Wyoming manufacturing plant, my customers would buy more of my product?
Would you product be less expensive?
 
Quote from ChkitOut:

Cass Sunstein, the Regulation Czar, says the regulation relief he announced yesterday will save business $10 billion over five years. But, the latest analysis by the Small Business Administration (SBA) calculates that compliance with federal regulation costs a staggering $1.75 trillion annually - and, that is a 2008 pre-Obama Administration estimate.

That does not include the 75 new major rules generated by Obama in just his first 26 months at an additional burden of $40 billion according to a study by the Heritage Foundation.

Worse, still to come are the impending clean air rules from the EPA, new derivative rules, net neutrality rules, the new CAFE fuel mandates, and the avalanche of rules mandated by ObamaCare and the Dodd-Frank legislation.

The government admits there are 4200 new rules or revisions already in the pipeline.

now tell me who would take on new employees if business costs go up? can't do it.

Despite the new regulations, we're sitting on more cash than we ever had. But let's suppose that my customers start buying more. They can come to me, or they can go to a competitor. Should I turn them away, turn down the sale, because of "all these regulations"?
 
Quote from Ricter:

Despite the new regulations, we're sitting on more cash than we ever had. But let's suppose that my customers start buying more. They can come to me, or they can go to a competitor. Should I turn them away, turn down the sale, because of "all these regulations"?

its a cycle though (delicate balance actually), no jobs, less demand, less demand, even fewer jobs, added burden of regs, less jobs, less demand... spiral down....... game over.
 
Quote from Lucrum:

Would you product be less expensive?

Marginally, yes. Would you buy more natural gas if it were a penny cheaper by the MMBtu? To a certain extent, probably. But at the end of the day, all business is dependent directly or indirectly on the end consumer, who is broke. Pushing more product, pushing cheaper product (which is being done, by the way) at them is not going to fix the problem. They're too big a slice of the economy.
 
Quote from Ricter:

Please indicate what the president, any president, could do about the jobs situation at this time.



By not enacting failed European economic policies in the U.S. By not throwing trillions of taxpayer dollars away on stimulus measures that are certain to fail. By not strangling businesses (Small & Large) in the U.S. with idiotic regulations, guidelines, and taxes that restrict growth, and won't allow for the economy to prosper.
Oduma is one of, if the not the biggest anti-business president we've ever had. The economy will never recover with this dipshit in office. What will next weeks speech bring? More proposals for stimulus spending. As if he didn't learn his lesson with the $850 billion in taxpayer dollars wasted on stimulus #1. You remember that one? He promised that unemployment would never go higher than 8% if he got his stimulus passed. What happened? Unemployment went above 10%!!!!!
European, socialist economic policies won't ever work in the U.S. But since that's all Oduma knows, this country will never recover economically, which is why his incompetent ass will be voted out next November!!!
 
Obama panic time!

Obama halts controversial EPA regulation
WASHINGTON (AP) — President Barack Obama is directing his administration to withdraw a controversial proposed regulation updating government smog standards.

The withdrawal comes two days after the White House identified seven proposed regulations that would cost the economy at least $1 billion each. The proposed updated smog standard was estimated to cost anywhere between $19 billion and $90 billion, depending on how strict the standard would be.

In a statement, Obama says he made his decision in part because it is important to reduce regulatory burdens on businesses as the economy recovers. He says he is still committed to protecting public health and the environment.
 
This is just sad.

I'm hoping "Fast And Furious" will turn out to be Obama's "Watergate". If we can get him out of the White House Biden will be inept and won't do more damage. Obama has more damage planned for the economy if he stays for another 18 months.
 
Regulations add cost all along the supply line.

If you limit carbon emissions then it adds cost to every segment of transportation. If you raise minimum wage it adds cost to all products that are used by business, from office paper to shipping supplies.

All these little expenses get multiplied when margins are marked up and finally the consumer has to pay for all the costs. It really adds up..
 
Quote from bugscoe:

Obama panic time!

Obama halts controversial EPA regulation
WASHINGTON (AP) — President Barack Obama is directing his administration to withdraw a controversial proposed regulation updating government smog standards.

The withdrawal comes two days after the White House identified seven proposed regulations that would cost the economy at least $1 billion each. The proposed updated smog standard was estimated to cost anywhere between $19 billion and $90 billion, depending on how strict the standard would be.

In a statement, Obama says he made his decision in part because it is important to reduce regulatory burdens on businesses as the economy recovers. He says he is still committed to protecting public health and the environment.

Same story, different president. The regulations need to be eased, so that business can (presumably) lower its prices to consumers, but he's "still committed to protecting public health and the environment". Look, if you're committed, how exactly are you going to actually DO protection??
 
Back
Top