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Thread: Private sector sheds 39,000 jobs in September

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    People at the bottom do not create jobs. People are still producing. I was out of a truck for a year because of back surgery. Tomorrow I start my 3rd job this year. This means shipping is still going strong. I just changed jobs for better home time.
    people at the top don't create unless there is reason to create. they have to know there are people spending money. That's why trickle down has never worked. You can give the top all the breaks you want, and nothing will happen. Only when people start buying will the top move forward.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    people at the top don't create unless there is reason to create. they have to know there are people spending money. That's why trickle down has never worked. You can give the top all the breaks you want, and nothing will happen. Only when people start buying will the top move forward.
    Wrong. They will not create when they do not know the costs the government is adding through Obamacare and taxes.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    Wrong. They will not create when they do not know the costs the government is adding through Obamacare and taxes.
    I'm sorry, but business has no trouble dealing with government. they have always had to deal with government and do soo fine. they won't throw away profit because of government. Sure, they'll talk the scare talk, but they will act when there is money to get.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    I'm sorry, but business has no trouble dealing with government. they have always had to deal with government and do soo fine. they won't throw away profit because of government. Sure, they'll talk the scare talk, but they will act when there is money to get.
    These are uncertain times so business will not expand. Here is a hypothetical. A small business makes $200,000 profit a year.Lets say Obamacare costs them $750 a month per employee. That is $9000 a year times 10 which is $90,000. Now their profit is $110,000 that leaves little to expand and hire people.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    These are uncertain times so business will not expand. Here is a hypothetical. A small business makes $200,000 profit a year.Lets say Obamacare costs them $750 a month per employee. That is $9000 a year times 10 which is $90,000. Now their profit is $110,000 that leaves little to expand and hire people.
    Except they would adjust one way or another. It is not the first time business has had to adjust and won't be the last. And if business was really concerned, they would push for government healthcare, relieving them from the equation. But, they're not really that concerned. And neither are conservatives. Really.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    Except they would adjust one way or another. It is not the first time business has had to adjust and won't be the last. And if business was really concerned, they would push for government healthcare, relieving them from the equation. But, they're not really that concerned. And neither are conservatives. Really.
    How can you adjust if you do not yet know the costs. This is why unemployment will not change. Obama and the dems are not letting business know the cost of insurance and taxes. Dems refused to extend tax cuts so far.

    Does anyone know how much health insurance is going up? My private policy for me and my wife is increasing over $100 a month

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    How can you adjust if you do not yet know the costs. This is why unemployment will not change. Obama and the dems are not letting business know the cost of insurance and taxes. Dems refused to extend tax cuts so far.

    Does anyone know how much health insurance is going up? My private policy for me and my wife is increasing over $100 a month
    They can adjust as it comes up. And frankly, it really isn't that big a mystery. It's really more a spin by those who oppose it than anything else. Remember, insurance was going up before reform. It's been going up and giving less for years now. And business has always adjusted to it.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    They can adjust as it comes up. And frankly, it really isn't that big a mystery. It's really more a spin by those who oppose it than anything else. Remember, insurance was going up before reform. It's been going up and giving less for years now. And business has always adjusted to it.
    How do you adjust for the unknown. Obama is making sure the private sector has no knowledge of the liabilities so they will not hire and he can use it as an excuse to grow government

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by ptif219 View Post
    How do you adjust for the unknown. Obama is making sure the private sector has no knowledge of the liabilities so they will not hire and he can use it as an excuse to grow government
    I do it daily. I never know what is going to happen in a class, but I adjust. I never know what is going to break down at home, or what others will do, but I plan and adjust. Again, nothing is really new. premiums have bene going up for decades, and all for less coverage. And all they have to do is read the Bill. They have people who can do that. And they can make reasoponable assuptions and plan for the worse. This isn't as impossible as you're trying to make it.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Private sector sheds 39,000 jobs in September

    Quote Originally Posted by Boo Radley View Post
    I do it daily. I never know what is going to happen in a class, but I adjust. I never know what is going to break down at home, or what others will do, but I plan and adjust. Again, nothing is really new. premiums have bene going up for decades, and all for less coverage. And all they have to do is read the Bill. They have people who can do that. And they can make reasoponable assuptions and plan for the worse. This isn't as impossible as you're trying to make it.
    Nice spin but you are not talking about half your profit margin

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