Let's see... Sept.... Isn't that about 36 days after the minimum wage went up?

Let's see what all the DR armchair economists have to say about this.

75% Jobs Lost in Sept and Oct Were Small Business

What this tells me is that most small businesses are in the services industry. These industries are the most susceptible to downturns since their existence is a function of how much expendable income people have. What this economy needs is manufacturing jobs where products are made that are in demand globally. The strength of the economy is based on demand (not supply); the economy will improve when demand for products increases. This will happen when people have money in their pockets and confidence in the economy, not when the mom and pop scented candle business gets a tax cut. Businesses invest (hire) when there increased demand for their products, not when they get tax cuts. Tax cuts just add to the bottom line without adding jobs, so it's great for Wall st. but not so great for everyone else.
Supply side economics is dead. I'm not sure why you insist in beating this dead horse.

But we saved 675,987 jobs in the same time frame.

-Pinocchio Obama

There is no way to count/calculate a saved job. Impossible!!!!

But dems won't let reality get in the way of their agenda.

Free stuff for everyone. Nobody will have to work. 3 cars in every garage. A big screen plasma in every room!

No American has to work. The Chinese will do that to time indefinate or when the dollar is devalued to zero by Zero.

Wonder which will happen first?

Money for nothing, Health Care for Free....

-In Dire Straits With Obama

What this economy needs is manufacturing jobs where products are made that are in demand globally. The strength of the economy is based on demand (not supply); the economy will improve when demand for products increases.

So what do you suggest we manufacture that we can produce better or cheaper than the Chinese?

Where exactly did our manufacturing jobs go and when did that happen?

It's bizarre that these numbers prove exactly what a few of us in here predicted including myself that when the cost of labor goes up small business simply purchases less of it.

I seriously doubt that all these people were making candles.

Productivity numbers went up which also proves that employers were doing more work with less labor.

I'm going to laugh my ass off at you lefties when Obama anounces tax cuts for small business's to help out unemployment.

Obama didn't get big campaign contributions from small businesses. Goldman Sachs and Citi and GM bought the presidency for him. No bailouts for anyone else.

All the stimulus bill did was pay for votes in 2012.

What this tells me is that most small businesses are in the services industry. These industries are the most susceptible to downturns since their existence is a function of how much expendable income people have. What this economy needs is manufacturing jobs where products are made that are in demand globally. The strength of the economy is based on demand (not supply); the economy will improve when demand for products increases. This will happen when people have money in their pockets and confidence in the economy, not when the mom and pop scented candle business gets a tax cut. Businesses invest (hire) when there increased demand for their products, not when they get tax cuts. Tax cuts just add to the bottom line without adding jobs, so it's great for Wall st. but not so great for everyone else.
Supply side economics is dead. I'm not sure why you insist in beating this dead horse.

#3 | Posted by DARTHCHENEY

You make it sound so simple. I wonder why nobody thought about this before. You must be a billionaire by now.

We're up 7% over last year, but there's no way I'd hire someone in this economy. This is survival of the fittest. Only the lean business make it through times like this.

I'm not sure if this is a good or a bad thing. I have a feeling the economy of the future will be one where workers are all contractors. No full time employees with benefits. Once this happens I can see single payer really gaining traction. Private insurance won't be obtainable by most and if your employer is a temp agency that rules out that option.

3rd party employers should be regulated out of existance. The would be employee ends up paying for their job. And the 3rd party. Since they can broker so many positions at once, they have a negative effect on wages and benefits.

I'm not sure if this is a good or a bad thing. I have a feeling the economy of the future will be one where workers are all contractors. No full time employees with benefits. .

#15 | Posted by jackass

Yeah, It would be a shame if people actually new what they were worth. How much their insurance cost. How much they pay in taxes.

It would be the most librating thing that could happen to people.That's why it will never happen. Self reliance is to be deterred.