Unemployment uh-oh: 9.2% may be the low-water mark

by editor on July 17, 2011

Economists are a notoriously disagreeable bunch, but even they agree small businesses produce most of the country’s new jobs, about 2/3 to be exact. Our engine of job growth is currently stuck in neutral.

Business Insider discusses government policies affecting small business that mean high unemployment may be a long-term problem:

unemployment-obama

The high costs of cartel healthcare, a.k.a. Sickcare in the U.S.

Obamacare’s mandates discourages both formation of new businesses and additional hiring by existing ones.

Politicos and employees don’t understand small business.

Businesses are owners’ livelihoods, not vehicles for “feel good” social policies of meddling politicians. Enterprises hire because demand justifies the extra help, not because some nitwit in DC offers them a tax credit.

Local government views small business as tax donkeys…. a captive source of extra revenue via higher licensing fees, junk fees, permits, surcharges, etc …local politicos and fiefdoms are forgetting every small business owner has an option: it’s called closing down, and opting out of the rat-race of higher taxes and costs.

States like California ostentatiously form “fact finding” panels to figure out why businesses are leaving. The pols should just go home and look in the mirror.

Litigation nation. Employees and others can take a turn at the lawsuit lottery wheel, and if they “win” then you lose.

Lawyers are a big Democrat special-interest group, but where do the parasites eat once the host dies?

We don’t expect any of this to change until Barack “Not My Fault” Obama joins the ranks of overpaid government retirees. Hopefully in January 2013.

– Written by Bonfire of the Absurdities

Source: Business Insider

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26 Comments on "Unemployment uh-oh: 9.2% may be the low-water mark"

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[…] Unemployment uh-oh: 9.2% may be the low-water mark We don’t expect any of this to change until Barack “Not My Fault” Obama joins the ranks of overpaid government retirees. Hopefully in January 2013. […]

Doomdummy
Member

Time for me to vent! I waxed poetically in the first draft. Now, lets just say what has to be said. Taxes, mandates, regulations. Period. The ivory tower elite, don’t know what they are doing. Unless what they want to do is to ruin the economy and take our freedom. The U.S. has the second highest corporate taxes in the world! All the Czars and Departments of this and that issuing mandates and regulations on everything that is useful and helpful to keep a business in business are doing the opposite. The federal government needs to defend the boarders and stay out of the way of interstate commerce. BTW, Lose the Czars and most of the Dept. of (etc). The Constitution is there to protect us from you, yet YOU that swear to protect and uphold this ” inconvenience” ignore it.The arrogant few do not know what’s best for the Citizens of these United States! Its “of the people, by the people and for the people” you hubris fools.

Philanthropist
Guest

If Obama had not encouraged workers to stop looking for work the rate would be 11%, it’s only at 9.2% because he has managed to shrink the workforce from when he took office. Those are all just ‘official’ figures, the real rate of underemployment if far more massive – but it does provide Obama a method of reducing ‘official’ unemployment before the next election.

Jim Stewart
Member

Could it be possible we’ll look back at 9.2 percent unemployment as the good old days? Obama is so much like Carter it’s unfunny. The Blaze web site has an audio clip from the Laura Ingraham show with Carter and Obama saying the same things separated by 32 years.

hisham
Guest

The same puppet master(s) is/are involved, he/they are just using different puppets.

deepthinker
Member

The true numbers are much higher than 9.2. It’s closer to 17% The administration has monkied with the way that the counting is done. If you have run out of unemployment or have just stopped looking you are not counted.

As for danybohy, I agree fully. The first place to start is 1600 PA Ave and then at the other end The Capital Builiding. It’s time to get rid of the “full time politician” of both parties and those that have worked directly for them. Let them all go back to being private citizens and earning their livings and stop suck off the govt tit.

KimmyQueen
Guest

I love the cartoon. It says it all. He did inherit the problems at hand, but he made it worse. When will people realize that socialism is a failed experiment? Trying it again and again fulfills the definition of insanity… Or else these people are just too evil to care and they want to destroy the country.

hisham
Guest

A little of both I fear.

RockingHorseGuy
Member

Well, you do have to be insane to want to “fundamentally change” the greatest country ever.

FormerlyDeanH
Guest

Succinctly, “these people are just too evil to care and they want to destroy the country.”

Ruben
Member

9.2% the low water mark? I’m afraid that the fiscal flood coming upon us will make what’s happening in the Dakotas look like a kiddie pool. Hopefully, the wave of discontent will sweep Obama out of office in November 2012 while there’s still time to rescue the country.

YT
Member

And then what? We’ll just elect some other stooge that serves the global banking families. This shit is not going to stop until a critical mass wake up to the whole D/R scam and find a way to cut off and kill the puppet masters.

Before that would happen, I’d bet we get led into WWIII for no other reason that it erases memories, evidence and changes focus.

Ruben
Member

I understand what you are saying, YT, perfectly. What I don’t understand is why anyone would click “dislike” to your post. Reince Priebus, Dick Armey or G.H.W. Bush must be trolling this site.

Neo-7
Member

His only hope for being not thrown out of office is to create a “National ” emergency , so as to suspend the coming elections. I’ve heard this before and with the track record of playing by their own set of rules, NO it would not surprize me at all.

jukin
Guest

Can’t say it any better than this.

“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.”

Winston Churchill

Neo-7
Member

Chocolate rations are up from 6 oz. to 4.5 oz.

For those into the old Twilight Zone , ” I bring you the monster ” , Little Anthony looks out at his creation and says I did a real good job , a real good job, What do you think ? His followers say in unisom , “Its the best its ever been , you’ve done a real fine job , yes a real fine job , Barack.”

If you haven’t seen this episode , its on Youtube. — Twilight Zone — The Monster. It was probably their scariest show ever.

Buck O'Fama
Guest

I remember the episode about a flying saucer landing. The alien occupant emerges and hands the folks who meet him a book entitled “To Serve Man”. At the end of the show, they translate the alien language and find out it’s a cookbook.

That’s what I think of when I hear Barack Obama is “serving his country.”

KimmyQueen
Guest

I remember that episode. People want to believe whatever sounds good without investigating what lies beneath. Once that guy got into the flying saucer even though he knew what was going to happen, it was way to late.

KimmyQueen
Guest

Don’t remember or else haven’t seen it. I actually do like old school Twilight Zone I catch episodes in Sci Fi from time to time. It is actually a good show I have to say that would have been a good series to be around to speak of the next day when it was “new”.

Plainsman
Member

Business owners are doing their level best to stay in business these days. Forget about profit, just make a payroll, keep customers, and avoid penalties from all the regulation that is costing them so much. It’s tyranny and we’re all slowing dying from it. We have all come to accept, slowly but surely, massive government intervention in our lives, and business owners are amongst the most affected with this reality. Unfortunately, it’s going to be necessary for some brave souls (business men) to sacrifice their very livelihoods in order to fully expose the unprecedented corruption in government, at all levels. There is going to be major suffering before this is over.

DJ
Guest

“Business owners are doing their level best to stay in business these days. Forget about profit, just make a payroll, keep customers, and avoid penalties from all the regulation that is costing them so much…”

Exactly!

I think it was Huckabee (maybe someone else, first) who said, “Until you have signed the FRONT of a paycheck, you have no idea how a business is run”.

So true.

hisham
Guest

danybhoy, I don’t know who gave you a thumbs down for your post, but whoever they were they didn’t have a lick of sense. We do need to pare way back on government bloatocracies at every level; way too many chiefs and way too many indians there. Most of the bloatocracies we have today are superfluous and therefore unnecessary, wealth stealing, give me some gubmint cheeze enterprises. Self-contained disease cells infecting the body politic of America…where in the Hell is Jonas Salk when you need him?

danybhoy
Member

1 of 2 types of people voted me down…

1. Someone who works for the Fed Gov’t who knows they are redundent.

2. A progressive leftist who believes in the power of the state.

…either way, they can kiss my a$$.

KimmyQueen
Guest

One of them is probably a troll that doesn’t want to let go of that Obama money that Obama gets from his stash.

danybhoy
Member

The unemployment numbers need to increase, at least in 1 place. The Washington DC metro area. We need to clear out thousands of worthless buearocrats who push papers in various gov’t departments & agencies we do not need, plus many are not constitutional, & we now cannot afford.

Always Sunny In Hell
Member

The engines not on neutral, that’s just the max speed of the new leaf cars our economy will be saved by.

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