If USA enters second recession is YOUR job safe ?

[Pablo]

Companies won't hire until there is demand. Demand won't start until there is stability or growth. Growth won't happen because of the mixed messages and nasty 600+ business regulations per month issued by the WH. The scary thing is the WH can do things to spur growth that don't involve taxing the "rich" or dreaming up "shovel ready jobs". It's some kind of plan maybe, not sure......

 

[Drew99GT]

I'm guessing if the WH closed up shop and didn't do anything, things would greatly improve.

 

[Pablo]

Originally Posted By: Drew99GT
I'm guessing if the WH closed up shop and didn't do anything, things would greatly improve.


Almost like.

 

[Drew99GT]

Originally Posted By: Pablo
Originally Posted By: Drew99GT
I'm guessing if the WH closed up shop and didn't do anything, things would greatly improve.


Almost like.

 

[Spazdog]

As long as people are stupid enough to drink and drive, I'm good.

People will always be stupid enough to drink and drive and making them install breathalyzers, pay for community supervision, pay for alcohol education courses, and perform community service is cheaper for the state than just throwing them into prison and feeding them for a few years.

If the car manufacturers put me out of business by installing transdermal alcohol monitors in the steering wheel (which will prevent you from driving when you have used hand sanitizer) or alcohol sensing "halo" to sense alcohol from the driver's breath (which will prevent you from driving when you have applied cologne or rinsed with mouthwash)... then I will begin my second career disabling these factory systems.

 

[PandaBear]

In before lock before this turn politico.

I think regardless of what the politicians of the 2.5 sides want to do, there is not much that they can BECAUSE THEY CANNOT VIOLATE THE LAWS OF MATHEMATICS.

Seriously, anyone who claims they can get oil price down to $2 a Gallon, end the deficit, reduce unemployment to below 8%, balance trade, keeping people in health coverage, etc are all lying (and yes, it is every freaking single one that is already elected and want to challenge the elected).

It is a match between 2 professional liars from Ivy Leagues and 1 high school drop out, pick your poison.

Until USD and Euro devalued to a point that the Asian producers decide it is not worth matching theirs, and their own labor costs become so high they have the same problem, we will not have our jobs back. We may get the production capacity back through automation, but the unemployment will still be high.

 

[eljefino]

Originally Posted By: Spazdog
As long as people are stupid enough to drink and drive, I'm good.

People will always be stupid enough to drink and drive and making them install breathalyzers, pay for community supervision, pay for alcohol education courses, and perform community service is cheaper for the state than just throwing them into prison and feeding them for a few years.

If the car manufacturers put me out of business by installing transdermal alcohol monitors in the steering wheel (which will prevent you from driving when you have used hand sanitizer) or alcohol sensing "halo" to sense alcohol from the driver's breath (which will prevent you from driving when you have applied cologne or rinsed with mouthwash)... then I will begin my second career disabling these factory systems.


I have confidence if DUI convictions drop, the machine of which you are a part will lower the bar... .05, .02 BAC maybe? So yes you sound like you're good.

My job is automated but they bought cheap software and saved many years worth of salary doing so. The cheap software crashes and needs

babysitting. Marketers of the expensive software are counting on higher labor prices to make their stuff worthwhile. I've gotten certifications in another field just to cover the bases and hit the ground running if something went down.

 

[demarpaint]

Originally Posted By: Drew99GT
Originally Posted By: urchin
Bottom line we are in a never ending recession increasing into a depression BECAUSE MOST ALL THE GOOD PAYING JOBS ARE GONE!

The work has been outsourced to the dictatorship of CHINA and other slave wage nations.

If you want to revive our US economy we need to bring manufacturing back to the US in a HUGE way ASAP and deport all illegal aliens. If things continue the way they are the US will be a third world nation in less than 50 years.


Please run for president; I'd vote for you! I agree 100%.

We're already at a real unemployment rate of about 20% in the US going into this recession or continuing in the recession that supposedly ended (which ever way you want to look at it). The layoffs have already happened, so I think a huge increase in unemployment and layoffs like occurred in 08 and 09 aren't as likely.

We've entered the new status quo of globalization. We were brought down a notch and the developing world was bumped up a notch. I can't WAIT until equalization occurs amongst all workers worldwide. That should be fun. Well, the heads of multi-national corps and banks sure will be laughing...all the way to the bank.


You'll have my vote, and a good place to start is rounding up the illegals and sending them packing. I'm a bit tired of paying for them! After that you can deal with getting jobs and mfg back into the USA. Then think of a creative way of keeping them from trying to come into the US a second or third time. Lets not forget the Military either.

 

[jcwit]

Yup, everything is just dandy!

Take a look at all the empty seats at todays NASCAR race!

 

[Silver_civic]

Spazdog I wish I had your job, it sounds cool.

adam

 

[Drew99GT]

Originally Posted By: jcwit
Yup, everything is just dandy!

Take a look at all the empty seats at todays NASCAR race!


The fans will return when Kurt Busch punches Jimmy Johnson in the face.

 

[Drew99GT]

Originally Posted By: PandaBear
In before lock before this turn politico.

I think regardless of what the politicians of the 2.5 sides want to do, there is not much that they can BECAUSE THEY CANNOT VIOLATE THE LAWS OF MATHEMATICS.

Seriously, anyone who claims they can get oil price down to $2 a Gallon, end the deficit, reduce unemployment to below 8%, balance trade, keeping people in health coverage, etc are all lying (and yes, it is every freaking single one that is already elected and want to challenge the elected).

It is a match between 2 professional liars from Ivy Leagues and 1 high school drop out, pick your poison.

Until USD and Euro devalued to a point that the Asian producers decide it is not worth matching theirs, and their own labor costs become so high they have the same problem, we will not have our jobs back. We may get the production capacity back through automation, but the unemployment will still be high.

The problem I see is that the world economic reality we face today has been put in place ON PURPOSE to benefit multi-national corporations. They're the ones who fund elections. They don't want US prosperity like after WWII because it will be at the expense of overseas prosperity. They want the entire world to be on a level playing field; if that means the US is brought down a notch, it means the rest of the world is brought up a notch. The sacrifice in America's prosperity will be matched 10 fold with an entire world population of good little consumers.

 

[fdcg27]

I think your vision is flawed on this, Drew.
First of all, the earth cannot support another entity like the US or the EU.
The resource aren't there, however much exploration and exploitation may ensue.
Second, the US is the largest, richest market in the world, with the EU a fairly close second.
Any company that wants to make money has to be here, as either a manufacturer or an importer, or even indirectly.
Oil companies worldwide rely upon American demand to support prices, for example.
It is in nobody's interest to bring down the US economy, and I also doubt that the greedocrats could enter into a conspiracy to sacrifice the US in order to promote the rest of the world.
They don't trust one another, and with good reason.

 

[urchin]

You guys have heard of the New World Order....?

And the plan is a reality not fantasy. The global elite want this...and it is not a political issue either you've heard about this from both so called sides of the spectrum in the US and abroad.

 

[SteveSRT8]

Originally Posted By: d00df00d
Originally Posted By: SteveSRT8
This economy just plain sucks, and I am tired of waiting for improvements. I hope the rest of the country is tired enough to get off their butts and VOTE!

You seem to be implying that the whole situation only took a short time to unfold and should only have taken a short amount of time to resolve. This isn't the first time I've heard that implication, but I've never heard it explained. If you have some time to elaborate, I'd like to hear it.


You may be inferring that this is something new, but not from me. While this did indeed take a while to unfold it is quite simple to stimulate a free economy.

 

[Papa Bear]

Originally Posted By: expat
Originally Posted By: Papa Bear
I'm retired ... it can't get any worse.


You think your pension is safe??
Mine isn't.


Ah, you're right ....... I should have phrased it "I'm retired...it can't get any much worse".

 

[buster]

 

[Cutehumor]

I work in health insurance. since 40 million people will be new customers in a few years, I think my job will be safe. but I can see getting the boot over greed by my company to make a profit.

 

[Al]

1. Continue to bring more people into the country [and allow illegals to stay] to dilute present resources (capital, service jobs, natural resources, health care)

2. Government at all levels..continue to hire more (government) people and ignore higher wages/pensions paid to government workers including police, teachers, etc.

3. Continue to borrow money at all levels to keep ponzi scheme going.

4. Continue to believe that this dream world can go on bc of ability to borrow money.

5. The day at reckoning commeth.

 

[hattaresguy]

Originally Posted By: friendly_jacek
Originally Posted By: hattaresguy
Were not entering another recession, based on what? Irrational silly fear? Unlike in 2008 companies are loaded down with cash, this is nothing like 2008.


The markets are going through a bit of turmoil, it will end in a couple of weeks. Its based on irrational nothingness, so like most irrational nothingness it will get old and go away after awhile.

Now is a really good time to pump every cent you can into the market, stocks are on sale. Hedge fund guys are loving this come end of the year bonus time they will get a nice check because of all this. I think Mercedes, BMW, and Porsche dealers in my area are going to do a banner business come November.


The markets tumbled because economy stopped growing and started contracting and not because "irrational silly fear."

While there could be rebound coming soon, long term picture is not rosy. Certainly the structural problems in economy (high commodity prices, unhealthy banking, consumers cutting on spending) are as present now as they were present in 2008.

The 2009-2010 "recovery" (limited to Wall Str BTW) was an illusion produced by coordinated central banks and governments interventions unmatched in history. Now that ammunition is spent (more government deficit anyone?), we will see if it really worked.


Lets break this down:

1. The economy has not stopped growing, it still is GDP is forecast to rise this year. Not by as much as expected but growth is still growth. Most of the turmoil on Friday was caused by a report that Germany missed its targeted growth, the markets were expecting 1.8% and only got 1.7%, devastating I know.

2. The long term picture is quite good, by long I mean 5 years or longer. Our banking system right now thanks to the 08 shake up is extremely healthy if not overly conservative. Certain commodity prices like gold are in a bubble and this will burst, oil should be about $80 a barrel which is where it is, that bubble seems to have popped for now. Consumer spending in this country is a bit lethargic but that's largely tied to gas prices which will come down if oil stays around $80.

So in short you guys all worry to much, way to negative. If you truly beleive its over go buy a cabin, guns, gold, and food and live in the woods. The rest of us will continue on without you just fine.