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The Bush economy in a nutshell

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LuckyTheDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-05-07 06:30 PM
Original message
The Bush economy in a nutshell
Differences between the payroll data and household survey likely indicate that many people who have been displaced from positions with regular employers have sought refuge in home-based consulting and blue collar pickup jobs. It is unlikely that the economy, growing at less than a 2.5 percent annual rate, is providing attractive new self-employment prospects for so many workers.

Increasingly the polite answer to what to you do is: “I have a home-based business.” It may be three parts resume distribution and one part work, but it counts as work at the Labor Department.

http://www.finfacts.com/irelandbusinessnews/publish/article_10008390.shtml
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progdonkey Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-05-07 06:50 PM
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1. does "Television programming analyzer" also count as a job?
And can you write-off cheetos as business expenses? :silly:
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enid602 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-05-07 07:21 PM
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2. WTF
what's a 'blue collar pickup job?' Is that where you paint blue collars on pickup trucks? Or maybe, like 'I'll take that blue-colored pickup job on the salesroom floor?' who knows.
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jedr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-05-07 07:37 PM
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3. most self employed people run businesses that are;
Under-capitalized and are domed to failure. 60-70hr. work weeks with no benefits,robbing Peter to pay Paul and only one major set back away from bankruptcy. These jobs provide lower middle-class incomes at best ,and take 20 yrs or more to begin to pan-out. I know, I had my own for 25 yrs. Look around and tell me how many landscapers and contractors or consulting engineers, are prospering on the level of working for major corporations. Will agree that it is a house of cards and the Bush economy is B.S., and find the term "Attractive new self-employment prospects" a crock.
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