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#151 | |
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lurker
Industry Role:
Join Date: Aug 2002
Location: atlanta
Posts: 56,415
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Quote:
My Dad told me about the recession in the 70's not one person was laid off, salaries were frozen but no one was getting fired. It was considered a loss of face for a CEO to lay people off. They would have anniversary pins and you had people there up to 50 yrs. Back then they were people not human capital. |
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#152 |
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Choice is an Illusion
Industry Role:
Join Date: Feb 2005
Location: Michigan
Posts: 41,283
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Agreed. That shit is whack.
__________________
BlazingSwitch VPS / 1G Port Available / Starting @ $5.95 | 25 Mbps Unmetered (16TB) Bandwidth Dual Core/2GB/200GB HD @ $25.00/month | 50 Mbps UNMETERED “Would you rather have me lie. Take apiece of your pie and say bye. Or be honest and rub your thighs”
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#153 |
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Registered User
Industry Role:
Join Date: May 2003
Posts: 2,764
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If you dismantled the welfare state completely, including social security, medicare, medicaid, food stamps, etc. -- all of it -- this would be a self-correcting problem within weeks.
You want more government? This is more government. And it's going to keep getting worse.
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#154 | |
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Jägermeister Test Pilot
Industry Role:
Join Date: Dec 2001
Location: NORCAL
Posts: 26,857
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Quote:
__________________
DATINGFACTORY.US | WE BUILD YOUR BRAND NOT OURS! YNOT MAIL | THE BEST ADULT MAILING SOLUTION Richard Buss | ICQ: 680123 | Skype: rochardbuss All men are created equal, then some become Marines. |
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#155 |
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working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 27,907
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#156 | |
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lurker
Industry Role:
Join Date: Aug 2002
Location: atlanta
Posts: 56,415
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Quote:
http://www.economist.com/blogs/freee...ry_comparisons "Germany proceeded to protect its labour market from major disruption by the great recession, through the use of its "short work" labour sharing programme. Firms were encouraged to cut hours rather than jobs, and workers facing reduced work hours were provided an income subsidy. The result? Germany's huge output fall produced only a labour market wiggle." |
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#157 | |
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Choice is an Illusion
Industry Role:
Join Date: Feb 2005
Location: Michigan
Posts: 41,283
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Quote:
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__________________
BlazingSwitch VPS / 1G Port Available / Starting @ $5.95 | 25 Mbps Unmetered (16TB) Bandwidth Dual Core/2GB/200GB HD @ $25.00/month | 50 Mbps UNMETERED “Would you rather have me lie. Take apiece of your pie and say bye. Or be honest and rub your thighs”
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#158 | |
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So Fucking Banned
Industry Role:
Join Date: Feb 2011
Posts: 5,542
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#159 | ||
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So Fucking Banned
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 36,881
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Quote:
It's about as stupid a theory I've heard here for a while. Quote:
Private enterprise are in the business of reducing costs, the workforce is a major cost. Reduce it and you have more for the shareholders. The notion that tax cuts will produce a turn around is dead in the water. It's just those who are taxed want more and fuck anyone else who suffers. The extra spending will result in extra imports. Most businesses will not employ more, they will gear up and produce more with the same work force. Unless they absolutely have to. See above for why. Public spending is always an employer who takes on more people than it needs. Just the nature of the beast. It won't open factories in China or any 3rd World Country like private enterprise does. It has to buy goods made in the US where possible. A 21st century version of The New Deal, will provide for the country so much. The Hoover Dam provides for LA and Vegas. Solar panels in the deserts and South America could provide all the day time electricity for the US. Stumbling block is the Private enterprise owned electricity companies. And I'm sure there are other schemes that could be started by the Government to get economies moving again. One is Bank Loans. The Banks were bailed out after the crash with a huge amount of tax payers money on the understanding that the money would be fed into the economy via loans. Only a small part of it was. Same is happening in the UK. I believe banks are part of private enterprise. I never thought I would think like this, it's just the last 10 or so years that I've seen the big businesses lose all morals and ethics to line their own pockets that I've changed. And I am in no way calling for Communism, just to do what is needed when required. |
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