US Chamber of Outsourcing Head Calls For Job Creation -

[otohara]

Why this asswipe get's to post his propaganda on Huffington Post is a mystery.

Unless Arianna is still friends with Tom from when she was a Republican.

http://www.huffingtonpost.com/tom-donohue/americans-voted-for-jobs_b_777982.html

[lonestarnot]

1. The chamber pot stinks enough, do we have to look at it too?

[Writer]

2. Just as I thought.

What a disgusting son of a bitch. He wants to keep the era of neo-liberalism alive. Companies sat on capital, and now that their boys are in power - somewhat - are going to start hiring again. Truly disgusting.

[Trajan]

5. It doesnt matter if they start hiring ....

While the number of available jobs is important, the quality of the jobs, ESPECIALLY those offered by the 'Chamber' will be very low, with mediocre wages and nonexistent benefits ....

It will not spur sales of 'frivolous' purchases, like new TV's, Computers, Cars, Homes .... Those with those jobs will tighten down, unable to spend a cent beyond their bills, just to make sure they dont go under ....

I think we all understand how this works .... We are (mostly) already there ...

I do not expect our middle class to recover in my lifetime .... It was hard fought to win good wages and pensions and health care .... That will all dissolve ....

What is likely to happen, though, because the rich are blinded by their own greed : There will be deflation ... SERIOUS deflation, as real estate finally seeks the 'proper' level, based on what income people have, and what profits companies can muster ....

When people go broke, they stop buying 'stuff' .... When people stop buying 'stuff', those companies making that 'stuff' will stop booking revenue ... When the companies that make 'stuff' stop booking revenues, they will again slash staff ..... or close their doors ....

End result ? ... MORE people out of work .. MORE companies hitting the skids .... MORE goods go unsold .... MORE property rests in shaky bank hands ....

MORE supply, LESS demand ? ..... Deflation .. Perhaps like we have never seen before ....

The game is already lost ... It's too late to reverse this .... They have squeezed the life out of the middle class, and it is soon to give up the ghost ...

It will take many millionaires with it - Millionaires need sales revenue too ....

[sasha031]

3. that guy is a monster

good question....

[4lbs]

4. He calls for "job creation". Ummm..... where?

Not here in the USA right?

[otohara]

6. Kingdom of Bahrain

or India, based on the countries where most of the "donations" are coming from.

See, China already has all the manufacturing jobs, so they don't need The Chamber of Outsourcing anymore.