“Though I do not see this happening anytime soon, we need to restrict a corporation's ability to layoff people. If the company in question is claiming financial distress, fine go to a Court and get a Judge's approval. This constant throwing people out in the streets (then replacing them at some near point with lower paid employees) ruins individuals, tears apart families and destroys communities. It is killing our country. And as you point out profits have never been better so it won't kill business.
At some point we need to finally realize that people do matter more than profits. The question is how long will it take this country to get there and when will be people finally realize that "unchaining" business will not improve the employment situation; only allow corporations even more ways of abusing workers and pumping up profits.”
walkonby on Dec 6, 2013 at 13:07:09
“i'm not a fan of big corporations - although i don't necessarily hate them either. they serve a purpose in the overall economy.
i do believe that they've been allowed too much of a free pass: in outsourcing american jobs, in tax evasion, in too much influence over national policies. that's the place to start.
it is time for them to be held accountable for all the breaks they've been handed over the past few decades.”
“Take it from someone out there its still a bad world. New jobs created are often under $35K a year. The entire process of finding work is still chaotic, illogical, disorganized and lacks any sense of professionalism. You spend your time talking to outsourced workers in an outsourced firm that know next to nothing about the company or the job and do not have the time, desire or ability to understand what you can bring to the position.
If you are a professional that was in the $75K to $150K range and you have been laid off you understand what this nonsensical experience is about. If you are about to be laid off, you will. Luckily, the pass of layoffs has tampered off.... for now. Nothing gets the Wall Streeters barking like seals at Sea World being feed fish than for a CEO to announce mass firings.”
walkonby on Dec 6, 2013 at 12:09:54
“at some point you have to start putting some of the responsibility on private enterprise.
in spite of all the whining, corporate profits have increased exponentially since the recession (and the taxpayer-carried bailouts). the stock markets are looking pretty healthy too.
so, how about putting up or shutting up corporate america? unless you want your execs to start flipping burgers themselves. gotta earn those millions.”
“He is one of many politicians aligned with greedy plutocrats, large corporations and Wall Street that wants a two class society with most of us at the bottom. Cheap and high profits although who are they going to sell products and services to at that point. Guess they have thought about that point.”
HicRhodusHicSalta on Dec 5, 2013 at 21:27:41
“Sadly, sometimes, it takes a guillotine to make your point.”
Huffaboutthis on Dec 5, 2013 at 21:04:11
“guess that globalization income cornered for the few will make their pay day
besides sucking the resources and wealth out of this Country from its People.”
radiojunkie on Dec 5, 2013 at 20:43:55
“They don't care as much whether we buy more. What they want is to sap our wealth so we're no longer a political force. Public opinion still drives policy and Joe's looking for ways to stop it.”
“He is right but his party does very little more than give lip service. This all goes one way or another to the rise of Wall Street. Cut off the head of Wall Street along with common sense regulation and corporate leaders might begin to run a system that benefits us all. Until then, its multi million dollar bonuses to the executives, supported by Wall Street, and a lay off notice eventually followed by a lower paying job (after we have exhausted our savings) for the rest of us.”
szab0413 on Dec 4, 2013 at 20:06:27
“No, he is not right. Obama's policies are good for the rich. Not the poor. He should know that by now. A non-existent jobs policy, a non-existent economy and Obamacare are putting middle class Americans out of work.”
“I am one of the many job seekers. 20 years plus great experience, well educated(MBA) and extremely motivated. Every recruiter says to me "what a great resume and experience." And what do I have to show after eight months of relentless searching, not much. A low paying temp job. Today I interviewed for another low level job with a kid that looked no more than 25. He just screamed working 70 hours a week (a non exempt job of course so no OT) for $30K a year. And by no means am I alone in this type of situation. Its just sad, illogical and nonsensical.”
saintaug52 on Oct 22, 2013 at 16:42:23
“The unfortunate thing is that so much talent will wither and fade away, making the US even less competitive in the global market. Hard to find educated, skill talent, but to let that resource sit on the sidelines while this adminstration continues to fumble at the wheel is an abomination.”
“Who will pay up? It will be all of the lower level employees of JP Morgan let go along with checking account and credit card holders in the form of fees and higher interest rates. Jamie Dimon will still get his multi million dollar salary and bonus just fine.”
“There are no winners, only the American people as losers. Our middle class is disappearing, we continue to move towards financial disaster, corporate welfare and the military industrial complex continue to zap our limited financial resources awhile Wall Street is back into casino banking fully backed up the government (or more correctly taxpayers) like never before.
Its sad. Our country is falling apart before our own eyes.”
“The Tea Partiers and Deficit Hawks like the religious right are used by the GOP for votes. The difference between the two parties is that the GOP wants big government for military (and the contractors) and corporate welfare, including no strings attached bailouts for the Wall Street crowd.”
“You think Obama is a friend to us Progressives. Read Ron Suskind's book Confidence Man about Obama, Wall Street and big Pharma. Obama is much closer to Ron Reagan and both GBs then we want to admit. He put the same people that allow for deregulation in charge of economic posts and then let Wall Street off the hook. He threw Elizabeth Warren under the bus. He refused to meet personally with people like Bernie Sanders when it came to re regulating Wall Street. He gave in to demands from big Pharma when it came to healthcare.
Granted, he is a far cry from someone like Mitt Romney. But anyone seeing Obama as a Progressive is very sadly mistaken.”
“Both parties have failed the American people. But the GOP seems proud of that fact and is unapologetic about serving the needs of the rich.”
motox556tuner on Sep 29, 2013 at 17:42:36
“Democrats are for the deadbeats, republicans are for the working people. America used to be about setting your own life limits, not about crying because your neighbor makes more than you! I like the phrase hard work will get you everywhere, not he who dies with the most entitlements wins. 40,000 dollar a year republican here and proud of it!”
ybancons on Sep 29, 2013 at 17:25:17
“anyone that believes the dems don't serve the needs of the rich is 100% clueless”
luvsox on Sep 29, 2013 at 17:19:49
“How have the Democrats failed?”
lizmckenzie55 on Sep 29, 2013 at 17:18:47
“I wouldn't call providing the ACA, the Lily Ledbetter Fair Pay Act, Dodd-Frank, the Consumer Protection Bureau, etc., etc., etc., failing the American people.
You really need to pay attention to what is actually happening. Try tuning into c-span instead of Fox "News" if you are really interested in what the truth is.”