Unemployment

During his State of the Union Address, President Obama spoke on the unemployment situation and the need to create new jobs. He talked of tax credits for new companies and for companies that move back into the USA.

Many jobs have been lost in this country over the years due to the greed of the owners and the employees/unions. No one ever seemed to be satisfied, both sides always wanted more and rather than compromise, owners either sold out to multi-national corporations or moved their business to a country where they could make $200.00 shoes for .50 a pair. Nothing like a nice profit margin.

Hopefully, those businesses that want to be part of a new economic growth in the country, along with their employees/unions will cooperate from the beginning, making compromises to insure employees are fairly paid and have decent benefits but keep the cost line balanced to keep jobs in this country so that we can once again be selling to the world.

Along with that I am concerned about where the Department of Labor is getting its figures on the number of unemployed in the USA. Today I saw that unemployment dropped to 9.7%. My question is, is this figure based on those who applied for benefits this month, or does this figure show the actual numbers unemployed. My fear is that hundreds of thousands have run out of benefits, given up on employment and are surviving either on Welfare or under the table. If they are not included in the unemployed statistic, then the statistic is worthless.

The government needs to get the actual figure of unemployed so that they can come up with a plan that will truly stimulate the growth of business and jobs in this country.

Its Common Sense!

G8 to G20

This week there was a meeting first in New York with the leaders of the world at the United Nations, and then later in the week there was a meeting of the G20 in Pittsburgh.

Remember when it was the G8? Things are changing, especially in the world economy, and if the USA is not careful, although we will always be a consumer nation, what kind of producer we are will be up for grabs.

After all, the name of the game is look for cheap labor, which means out sourcing. That practice has helped India and China to rise on the world economic field and others are following suit.

As world competition grows, it is time for companies in the USA, as well as the labor unions, to begin rethinking their partnerships and come up with ways for American products built in America be on the top of the field.

When you go into a store, just how many items do you find that say "Made in the USA"?
Let's face it, China has us beat hands down, and products from other countries are rising. Our stores may sell the products, but they are not products made here by our labor force.

America needs to get producing, or we are headed on a down hill ride that will eventually lead to third world status.

Its Common Sense!