White House: 2 million jobs will be created in 2012

America.jpg
 
Bingo! If the job market was as robust as the White House is stating Bubble Ben would be able to raise rates to a level consistent with a healthy economy and job market. Rates are at 0 for a reason and the White House is releasing reports like this..... for a reason -- election year!

Quote from S2007S:

Do you really think they would write a negative story on jobs, every other article is about how the economy is only going to add jobs moving forward, I mean its almost impossible for it not to happen when BUBBLE ben bernanke is throwing trillions and trillions of dollars into an upside down broken economic system.

Im just wondering with all this positive news why BUBBLE ben bernanke still has to keep rates at historical lows for the next 2-3 years???
More...
 
Quote from turkeyneck:

The White House said that uncertainty about government regulation is not holding back growth.
More...

That one gave me a good laugh.
 
I think the White House is correct. It is not uncertainty about government regulation that is holding back growth; it is uncertainty about how fast the economy will recover. Why should or would you expand your business or start a new one if you doubt whether the customers will be there.
 
from your past posts you have shown yourself to be a lefty. leaving that aside for a moment i will show why it is not a good idea to hire an american employee from a regulatory pt. of view.


hire a black person. fire him you might have a racial discrimination suit.
hire a woman. fire her you might have a gender discrimination suit.
hire a disabled person fire him have a lawsuit under american disability
act.
hire a person over 50. fire him. you will, possibly, have an age discrimination suit.

in addition there are the government agencies inc. osha to make life miserable.


I haven't read it yet but current issue of economist deals with america being over regulated.

my advice to someone starting a business is keep the number of employees at the barest minimum and outsource whatever you can. don't hire people from a protected class because even if you are exempt for being small you could be subject to frivolous lawsuits and the gov't showing up at your door, even if they can't do nothing to you.
 
Quote from turkeyneck:

But what about jobs lost? :D


WASHINGTON (MarketWatch) - The White House expects two million jobs will be created in 2012, slightly above the 1.8 million pace last year, according to Alan Krueger, the top White House economic adviser, on Friday. Krueger spoke to reporters as the White House economists released their annual Economic Report of the President. The administration expects the economy to continue to gather steam this year although the pace of the recovery will still be subdued given the after-effects of the debt and financial crisis. The White House said that uncertainty about government regulation is not holding back growth. This is a common argument of Republicans.

http://www.marketwatch.com/story/wh...012-2012-02-17-16140?link=MW_home_latest_news
More...

2 million jobs will be created. 1.1 million will go to legal immigrants. 0.9 million will go to illegal immigrants.

Oh joy.
 
Quote from Tsing Tao:

That's his Modus operandi.
More...

As I recall, I went through the BLS report in detail with you. So you tell me: what did I dodge when I was dealing with you, or is lying like a rug your modus operandi?
Just for your information, I don't need to answer every single question put to me by a chronic loser in detail, as I did with you, especially if I'm not interested in the answer.
 
You must log in or register to reply here.
Back
Top