9.5% and climbing…

9 Jul

Most of you know that I’m stuck in Mississippi…

…trying to build a house out of reclaimed and recycled materials, to shelter my family. And, I’d like to do it, before “hurricane season” crashes down on us, once again. But… the politicians are standing between me, and my dream. It’s not like it’s impossible to do… It’s just impossible to “legislate.” OY.

And, while I’m doing this “running around in circles so I don’t just stop, take a deep breath, and go absolutely freakin postal in Jackson” thing… I’m helping some pals build THEIR Shipping Container homes.

Recently, while we were “toiling and planning and conspiring and consulting….” one of my pals got hammered by the evil fist of fate… lay-offs.

Now, this guy… We’ll call him “Pat…” now he’s the stuff America got built of. I’m talking about the REAL America, not that phony “Hollywood America” you see on TV. As a manager, when the lay-offs were announced, he actually went into his bosses office, and offered up his own job, if they’d just use his salary and benefits to keep the other workers employed. After all, they were “youngster’s with families.”

Needless to say, his bosses declined his offer. But, when is the last time you heard of somebody doing that, especially when they were going through the same tough times as everyone else? Hmmm?

So, more good workers hit the streets, looking for something that resembles hope, something that will feed their families, instead of the ridiculous crap that keeps filtering down on us like smog from Washington DC…

And “Pat?” He’s on the phone, on his own time, trying to find his crew new jobs with other companies, so they don’t end up on skid-row.

Meanwhile… all eyes look east, towards DC…

What’s it going to take for Americans to realize that they’ve been duped?

President Obama got himself elected on a pedestal of promises, and frankly, folks… it’s just not happening…

America has more debt now than ever before. Our great grandchildren will be paying the interest on the trillions of dollars that have been haphazardly thrown onto the bonfire.

I still suspect that all that cash got tossed on to make enough smoke to hide the real issues. After all, it’s hard to see clearly, when your eyes are burning.

Whatever happened to all those thousands of jobs that Obama was going to create? Well… they got created in Malaysia and the Far East. The billions and billions of dollars that got spent for “jobs” went to companies who manufacture “offshore,” because hiring Americans costs too much. Whaaaa?

For example;

The ‘stimulus’ promised a jobless peak of 8%; it’s now 9.5%.

And yesterday, we got the bad news… again…

In fact, the best thing that we can say about June jobs report is that “employment is usually a lagging economic indicator.” Yeah? Okay, if that’s true then shouldn’t that accentuate just how bad things are getting? The loss of 467,000 jobs for the month is one more sign that the economy still hasn’t hit the bottom despite months of lies, political aggrandizing, camera-whoring, and epic fiscal and monetary reflation.

Can you say “whirlpool of despair?”

The report was a pig, to be sure. And there’s no way to sweeten it up by adding a prom dress, either. Average hours worked per week dropped to 33, the lowest level in at least 40 years, maybe more.

I’m not exactly sure how much further back than that… Hey, I had pimples and Pink Floyd records, and I was playing with Hot Wheels at the time. Shut up! :)

Hey… shortened work weeks! Yippee! More time to play with the kids right? Nope. More time to listen to your significant other moan in despair, as the budget gets turned upside down, just like the mortgage. It’s not like it’s just YOU, right?

This means that millions of full-time workers are being “downgraded” to part-time, as businesses slash labor costs to maintain profit margins.

And, because people are working less, wages have fallen again this year. Factories are operating at only 65% capacity, while the overall jobless rate hit 9.5%, and it’s still climbing…

Throw in disgruntled workers who want their full-time jobs back, and the labor underutilization rate climbs faster than an F-18 hunting bogies! We’re talking double-digits, folks!

So, instead of just firing people, companies downgraded them to part-time, and stripped them of their benefits. It was either that, or; “Hit the bricks, bucko…  and go look for another job.”

Man, what a tough choice… Can you imagine what those numbers would have looked like, if those people had just hit the street? It’d be a tidal wave of unemployment, that would make our grandparents remember the breadlines.

The tragic thing is that existing hourly wages have dropped too. So, the companies are still making profit, but they’re spending less to get it, in some places. Greed has become pretty evident, as CEOs take huge salaries and compensation, as their employees start to hemorrage blood, trying to pay bills as their wages get “adjusted.”

The news is even worse for young people, with nearly one in four teenagers finding themselves unemployed. That’s just what we need, huh? More teenagers standing around idle, trying to figure out how to entertain themselves without any cash… Oy.

And, it get’s better! Remember that minimum wage hike that Congress scheduled? It bumps minimum wage up, from $6.55 to $7.25 on July 24th. You’d think this is GOOD news, right? Nope. It means that labor is going to cost small business more, so they’ll have to CUT BACK the number of employees they keep, to make it through the tough times that the economy is dealing out. Oy again!

Manufacturers aren’t exempt, either! Americans who make things and actually produce those goods we consume lost 223,000 more jobs last month. Almost a quarter of a million jobs LAST MONTH.

Asked about these job losses by the Associated Press, President Obama said Congress should pass his cap-and-tax on carbon energy because “If we’re weatherizing every building and home in America, if we are creating windmills and solar panels and biofuel facilities, that is a huge promising area not only for jobs here in the United States, but also for export growth.”

Bullsh@t! What a bunch of crap.

First, the President has no way on earth to monitor how many jobs “he created.” Only by audit have we discovered that most of the jobs now funded are in offshore factories. How’d they do that? Well, by noting that factories here laid off workers, or even shut down completely, but product still kept hitting the shelves. It had to come from SOMEWHERE, right?

Millions of Americans are unemployed. But, not all of those unemployed workers are capable of building windmill blades and solar panels (especially since most solar panels are built in the Far East, anyway). There aren’t enough plants producing windmill blades or solar panels in the US to bail out America’s unemployed. There would have to be one in every city in America to do that.

And, if there was, the price of goods would have to drop. Competition, remember?

And, that’d mean more cuts, to supply cheaper products. Talk about a “Catch-22!”

With manufacturing on its back, enacting a new energy tax to drive more jobs offshore… is just insanity. And, I’ll point out that I mean no offense to REAL insane people.

If you watch Cable, they keep saying that; “Of course, the economy can’t keep falling forever, and most forecasters still see a recovery starting this year.”

Yeah, what’re they basing that on? More false hope and promises that are starting to smell like lies?  The decline in manufacturing slowed last month and housing sales have picked up — and supposedly these are both positive indicators.

Whaaa? Not around here. In most of middle America, the opposite is true. And, almost all of those tax credits for buying a new home are aimed at the buyers buying “newly constructed” homes, which will only create a glut in the “pre-owned housing market.”

How do you buy a new home when you’re unemployed? Huh? Boy, renting is starting to look better and better all the time!

They keep saying that consumers are spending more. But the cost of living is going up daily.

Sure we’re spending more! You keep jacking up the prices, you @ssh@les!  We still have to eat! Our children’s tummies still grumble. They don’t understand “tightening the belts.” Oy, oy, oy…

The real question should be about “strong and sustained” employment expansion. If the “stimulus” were working as advertised, that would be stronger than “Mr. Clean,” or even the “Incredible Hulk,” huh?? After all, those idiots in DC have thrown trillions of dollars at the recession.

Let’s not forget about that famous $787 billion dollars that was supposed to yield $1.50 in growth for every $1 that was spent.

This almost trillion dollars (don’t forget about interest, as we had to borrow the money from “somewhere.”) followed the $168 billion dollars that George Jr. and “Queen of the Most High Wacko’s” Nancy Pelosi promised in February 2008 would prevent a recession. The jobless rate that month was 4.8%.

Did THAT work? No. So what did Obama do? Exactly the same thing. Throw good money after bad. Hey, it’s not like it was HIS money. After he leaves the White House, he gets a pension for life. It’s not like he’ll be out looking for a job at TGI Friday’s, or Walmart… He’ll just write a book, and make speeches, and get… even more money!

So where has the stimulus money actually gone? Most of this government spending has gone to transfer payments — Medicaid, jobless benefits and the like — that do nothing for jobs or growth.

Let me repeat that for the “reading impaired;”

…THAT DO NOTHING FOR JOBS OR GROWTH.

The spending that might create jobs — on roads, say — is dribbling out with typical government efficiency.

  • Hey, they’re building schools in places where schools are already standing empty.
  • They’re building libraries in places where people don’t live.
  • They’re building airport expansions in places where planes don’t land…
  • They’re building copshop’s multi-million dollar “indoor training facilities ‘ so they can hone their skills… in places where they only have three cops.
  • They’re buying local law enforcement agencies helicopters and airplanes, where they (a) don’t have pilots, and (b) don’t have airports to land them in.
  • And let’s not forget million dollar highspeed powerboats to interdict drug sales, for cops who live in landlocked counties.

They even bought a law enforcement agency with four cops (I’m serious) $287,000 worth of ammunition. Whaaaa? Those idiots never heard of reloading? Maybe they should make friends with those guys who have the “indoor training mecca” and start learning to save some of that ammo…

You think I’m kidding? Nope.

$287,000 worth of ammo… That’s a lot of 9mm… Like, about 2,500 cases (remember, they get a discount for volume)… Lemme see… 1,000 rounds to a case times 2500 cases, divided by 4 cops. That’s like 70 rounds an hour, 24 hours a day, 365 days a year, just to use it all up. Yeah, that’s doable… I hope they’ve got donuts and coffee stockpiled too!

Can you imagine a mountain of empty brass that big? Man.. I wish! :)

Meanwhile, the money for all of this has to come from somewhere, and Democrats are already saying it will require big (unstimulating) tax increases in 2011, and perhaps sooner. Whhaaa? I’m shocked.

So, while they’re giving away money they don’t even have, they’re going to ask us for money we can barely keep, to keep them in lobbyists and frosty cold beverages, while WE sweat the hard stuff all by our onesies! Oy Freakin Vey!

The Administration argues that the recession would be worse without the stimulus. Yeah, prove it! Oh yeah… you can’t. It’s impossible to prove or even disprove.

However, if you harken back to a time not long ago… Obama’s economist lackeys predicted late last year that the stimulus would keep the jobless rate from exceeding 8%. And now, it’s just climbed past 9.5% and it’s still climbing…

Uh-oh… Time to find a scapegoat to sacrifice on “The Alter of American Ineptness!”

It doesn’t take a genius to figure out that it’s far more likely that America would have been better off without all that insane spending, and the higher taxes and debt financing that they bring right along with them, like peanut butter and jelly sandwiches in a picnic basket!

I hate to say I told you so, but;

“You bastards in DC are all a bunch of freakin morons! You’ve sold us lock stock and barrel to the Chinese, and anybody else stupid enough to loan us money. We’ll be lucky if our grandchildren still speak English as a first language, before all this madness is through!”

Whew… Glad I got that off my chest.

I can’t wait to see what Congress brainstorms next… Perhaps they’ll just sell our children into slavery, or legislate sweatshops in America, so that the citizens they betrayed can still find a few pennies at the end of the day to eat with.

The best thing Mr. Obama could do to create jobs would be to come clean, admit his cabinet is filled with idiots, and start over. That is, if they’re anything left to rebuild, by the time he’s “done” rebuilding.

Gawd Save us… because Obama won’t. Not if his “progress report” so far is any indication.

Now, where’d I put those MRE’s? I think a storm is coming… and I’m not talking about a “hurricane.”

And “Pat…” I’m proud to know you. You’ve got a backbone of steel, and a heart of gold… You just made “Ronin’s Hero of the Day” list…

Now, if the President would just show that much courage, integrity, and backbone… maybe I’d get some sleep.

Stay tuned…

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One Response to “9.5% and climbing…”

  1. Ashish July 13, 2009 at 6:14 am #

    Hmm.. might as well press my advantage.. Geek Wrestler for Emperor!!

Comments are closed.

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