Comments on: What’s the REAL Unemployment Rate? http://wallstreetpit.com/11898-whats-the-real-unemployment-rate Mon, 22 Mar 2010 10:33:33 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Healthcare Is Now Going To Be Offshored, Too http://wallstreetpit.com/11898-whats-the-real-unemployment-rate#comment-78939 Healthcare Is Now Going To Be Offshored, Too Sun, 08 Nov 2009 15:51:26 +0000 http://wallstreetpit.com/?p=11898#comment-78939 [...] Read the story [...] [...] Read the story [...]

]]> By: Elaine Supkis http://wallstreetpit.com/11898-whats-the-real-unemployment-rate#comment-78936 Elaine Supkis Sun, 08 Nov 2009 14:46:08 +0000 http://wallstreetpit.com/?p=11898#comment-78936 I love it when guys making money by moving money around talk about 'lean and MEAN'. Yes, the workers are working harder. The ones who still have jobs are seeing lots of pressure and pain thanks to a refusal to hire more workers. This is a mean and nasty system we call 'working people to death'. Unlike the author here, I actually know people whose productivity is going up and who are very, very unhappy about how this is done. We also call this 'slave driving'. Reducing wages while shoveling more work on top of people is also immensely cruel. But the author here doesn't do hard labor. He doesn't have to work extra hours no matter what. He gets richer if workers are lashed harder and harder. So he loves this. Of course, a lot of people love this, that is, the people whipping workers. And this is the entire problem. We didn't have excess labor, when everything collapses due to dropping wages, there are fewer people getting or buying things so employment drops which leads to more people unable to buy stuff and this is the vicious depression cycle we all dread...except for those people who hold whips and lash workers with these whips. They love this sort of 'mean and lean' world where they are fat and mean and workers are skinny and starving. I love it when guys making money by moving money around talk about ‘lean and MEAN’. Yes, the workers are working harder. The ones who still have jobs are seeing lots of pressure and pain thanks to a refusal to hire more workers. This is a mean and nasty system we call ‘working people to death’.

Unlike the author here, I actually know people whose productivity is going up and who are very, very unhappy about how this is done. We also call this ’slave driving’. Reducing wages while shoveling more work on top of people is also immensely cruel.

But the author here doesn’t do hard labor. He doesn’t have to work extra hours no matter what. He gets richer if workers are lashed harder and harder. So he loves this. Of course, a lot of people love this, that is, the people whipping workers.

And this is the entire problem. We didn’t have excess labor, when everything collapses due to dropping wages, there are fewer people getting or buying things so employment drops which leads to more people unable to buy stuff and this is the vicious depression cycle we all dread…except for those people who hold whips and lash workers with these whips. They love this sort of ‘mean and lean’ world where they are fat and mean and workers are skinny and starving.

]]> By: bondwooley http://wallstreetpit.com/11898-whats-the-real-unemployment-rate#comment-78808 bondwooley Fri, 06 Nov 2009 18:49:37 +0000 http://wallstreetpit.com/?p=11898#comment-78808 Since the government can’t solve the problem, it’s time the people start facing unemployment with their own ingenuity: http://bit.ly/ozqT6 (satire) Since the government can’t solve the problem, it’s time the people start facing unemployment with their own ingenuity:

http://bit.ly/ozqT6

(satire)

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