Article

2009-09-07 Economy

Free Republic & abc: 2 out of 5 are jobless in California

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Posted by 3dc 2009-09-07 16:40|| || Front Page|| [1 views ] Top

#1 I know several qualified smart people who just cannot find work here. Luckily (*knocks on wood*) I and my family are employed. This is the worst unemployment since I got out of college mid '83 - there were no jobs then, either

Posted by Frank G">Frank G 2009-09-07 17:03|| 2009-09-07 17:03|| Front Page Top

#2 Can't they just give everyone on job on the State payroll? Oh, and raise the minimum wage.

Posted by SteveS 2009-09-07 17:10|| 2009-09-07 17:10|| Front Page Top

#3 Which means in the small minds of the legislatures in Sacramento that since there are fewer employed those must pick up a bigger portion of the tax bill, while they increase the size of government and government programs.

Posted by Procopius2k 2009-09-07 17:16|| 2009-09-07 17:16|| Front Page Top

#4 I just had a discussion with a leftist friend who said the rich (he's recently laid off so I assume he means anybody with more than him) should pay %99 in taxes and everything on the internet should be taxed.

BTW... he was an exec with CNA insurance a problem company.

Posted by 3dc 2009-09-07 17:32|| 2009-09-07 17:32|| Front Page Top

#5 at City of SD, our Development Services (building permits/inspection/planning) is about to lay off up to 90 people....

Posted by Frank G">Frank G 2009-09-07 17:41|| 2009-09-07 17:41|| Front Page Top

#6 "I just had a discussion with a leftist friend who said the rich ... should pay %99 in taxes.... he was an exec"

If he was executive, 3dc, then obviously he was rich (as least before he was laid off). Next time you see him, ask him if he paid 99% of his income in taxes, and if not, why not. Stand back, though, in case his head explodes....

Posted by Barbara Skolaut">Barbara Skolaut 2009-09-07 18:16|| 2009-09-07 18:16|| Front Page Top

#7 Importantly, this means several things not mentioned in the article.

To start with, unemployed people "use stored fat" for a while, that is using savings, investments, the selling of their assets, credit, and what their relatives will give them. But if they do not get jobs when they run out, they are much more destitute.

And because of the insidious Bankruptcy Act of 2005 (BAPCPA), many people will not be allowed to set aside their debts, even if they are barely hanging on.

Since they can no longer live in California, the big question becomes where will they go? The California legislature will support illegal aliens to the bitter end, even at the cost of citizens.

Posted by Anonymoose 2009-09-07 18:25|| 2009-09-07 18:25|| Front Page Top

#8 Los Angles Police - They Shall Not Pass!

Posted by 3dc 2009-09-07 18:42|| 2009-09-07 18:42|| Front Page Top

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