Christina Romer: Two Hundred Thousand Jobs is Not Enough

[cybersphere]

The ILO states that the world must create 600 Million jobs in the next decade or face widespread rioting.

[i7q]

companies are not willing to hire until they understand what is in obamacare and how it will affect them

[joecoool100]

The last 18 months have been the most profitable for Corporations in US history.......how has your last 18 months been???

[ToxinalX]

@joecoool100 For CERTAIN corporations, yes. In particular the government sponsored american duopolies.

[whoo689]

@ToxinalX What the hell are you referring to? Did we bail out Coke and Pepsi recently when I wasn't looking? O.o

[ToxinalX]

@ToxinalX (on the other hand I wouldn't call them saints either)

[joecoool100]

@ToxinalX I love a good debate and discorse on any subject but I dont like being corrected by someone who has their facts wrong. Here are your instructions 1.google search "corprorate earnings all time high 2010/2011". 2. See story's by New York Times, Wash Post, Huff Post, and many others. 3. Notice they are speaking about all business sectors in general.They do single out some like banks/finc for xtra huge profits. 4. I'm CERTAIN you'll understand after doing a little reading.

[ToxinalX]

@joecoool100 Perhaps I ought to have written "companies"/buissnessess for you to better have understood my point. Not all buissness thrive in a recession.

[ToxinalX]

@joecoool100 (allthough that is of course obvious)

[steelbreeze420]

@joecoool100 Yep..they have trimmed all business to minimums and hoarded cash and reserves to generate some modest income...then over worked remains fearful staff into pushing up numbers. No doubt about it. Question really is why wont they hire, and fair or not i think its ObamaCare(at least according to interviews), housing not resolved, and the continued debt generating military conflicts. Debt == Lower currency value. I wouldn't expand either..but i'm no CEO. :)

[S24995]

US Corporations are sitting on an unbelievable amount of money.

[steelbreeze420]

@S24995 the flat tax crowd like to point out that US corporations hoard about 15 Trillion dollars off shore. Like the tax or not, its an interesting number and makes you wonder, besides the proposed flat tax, what would cause them to bring it back home. Revoke Corp Charters for offshore hoarding? I like that idea.. :)

[dudestube]

Nobody talks enough about the jobs that are still being sent out of the Country. The Corporations have this Country by the balls and is not letting go.

[dynomike1964]

@dudestube Fucking right