News Brief: Cosmetic Economics
Yes, we need more visas for the really high skilled workers from other countries. Yes, the economy is still expanding. Yes, the economy is creating jobs. Yes, yes, yes goes the spin. This nation spends massive amounts on education. The performance measure for those expenditures are pathetic. This nation spends massive amounts on healthcare. There are nearly 50 million uninsured citizens. In every facet of American life the spin doctors author optimistic evaluations. Hard to put more lipstick on this pig while you collect your 26 weeks of unemployment.
It is not a matter of what jobs Americans won’t do, but what jobs Americans are not allowed to do.
C. Harris
MoreWhat.com
Circuit City to Cut More Than 3,500 Jobs
NEW YORK (AP) — A new plan for layoffs at Circuit City is openly targeting better-paid workers, risking a public backlash by implying that its wages are as subject to discounts as its flat-screen TVs….
March 29th, 2007 at 2:06 am
o garsh in NYC of course..lol
March 29th, 2007 at 3:23 pm
I’m not sure why the article is stamped New York. Circuit City’s headquarters are in Richmond, VA and the layoffs are at various locations around the US. The troubling thing is workers are being laid off and offered to reapply for their old jobs at lower wages. The only upside in the article is that Home Depot claims they will be hiring 15,000 people this year. Don’t know how that will help these Circuit City workers.
And of course, Circuit City’s stock went up 35 cents that day. Good for them, hope they choke on it.
March 29th, 2007 at 4:04 pm
lol..yup yup!