Red Blooded American Boy

Archive for the ‘Employment’ Category

Illegal immigrants should be proud. Citizens of Vegas are pulling a Houdini and getting the heck out of town. The reason is obvious. To play, you have to pay. People have less disposable income as more jobs are lost and the economy continues to implode. Folks are not spending their money in Vegas. According to the news reports, the financial evacuation of Vegas would be higher were it not for people unable to sell their properties. Vegas has suffered greatly from an upside down real estate market, too.

While people make up their own minds about vacations, the President’s bad talk about Vegas in the past does not inspire confidence. Confident Americans spend money when they know they can recover or re-earn the money they have spent. If Americans think their earning potential is lowered, they will save and not spend.

Don’t count on Generation X Americans being comfortable in spending greatly. They saw the implosion of 2008 shrink their 401K security blanket. Gen X will have to save considerably more as the dollar contracts in value. Baby boomers will hold on to their pennies, too. They have healthcare on the brain and know that if ObamaCare survives, medical tourism will be the only way to keep them alive. Generation Y didn’t have a pot-to-pee in anyway, so they don’t matter. Generation Y will become Generation whY? as they see what little they earn gobbled by ObamaCare taxes and suppressed wages from a stagnant economy. No one wants to spend anymore.

Only our government acts as if it has any money. After all, only the government can print money. The government is increasing our national debt to the point that within five years, we will be paying more on interest payments for debt without paying principle. No family could survive on a budget formula like that and would more than likely end up filing bankruptcy. If this is true, then why is our country not bankrupt? It is. Debt is not wealth, it is bondage. America is in bondage.

The only thing keeping things afloat is the illusion that the American dollar is like gold and has intrinsic value. The game played is as more money is printed, more money is in play. That sounds alto like a game of Monopoly where the actual value of money is subject to the rules of the game. Sounds like a game that people in Vegas would play, doesn’t it? Washington and Vegas are both gambling towns. Obviously there is only room enough for one gambling addict at the table.

It seems the only way that Vegas can survive is if Washington can convince enough Americans that their Monopoly money (US Dollar) is worth the game.

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Never anticipate wealth from any other course than labor.  Especially never place dependence upon becoming the possessor of an inheritance. He who runs after a shadow has a wearisome race.

–  Readings For Young Men, Merchants, and Men of Business

Greta Wire just posted the following:

“…PPACA is a job killer, not a job creator. Using the CAP methodology, we find that the bill would destroy a total of 120,000 to 700,000 jobs by 2019, a far cry from the number suggested by leading advocates…”

In other words, thousands of jobs in the healthcare sector will be shaved off. The most promising career for Americans will suddenly become the easiest way to guarantee unemployment. As in Canada, American Nurses and other healthcare professionals will have to exodus in order to find work.

Greta posted the executive summary as below:

Nancy Pelosi, the Speaker of the House of Representatives, has urged passage of the massive health reform plan moving through Congress as a way to create up to 400,000 jobs. Speaker Pelosi bases her claim on a report by the Center for American Progress (CAP) in which the Center estimates that the Patient Protection and Affordable Care Act (PPACA) would create 250,000 to 400,000 jobs per year over 10 years.

It turns out, however, that its methodology, stripped of unsupportable claims about savings in health care costs, shows just the opposite of what CAP intended. PPACA is a job killer, not a job creator. Using the CAP methodology, we find that the bill would destroy a total of 120,000 to 700,000 jobs by 2019, a far cry from the number suggested by leading advocates.

CAP’s claim about job creation rests on its assumption that various developments ensuing from passage of the bill would save $683 billion over ten-years and thus set in motion new incentives for firms to create jobs. The trouble is that the claimed cost savings are at odds with estimates from both the Congressional Budget Office and the Centers for Medicare and Medicaid Services.

Once we dismiss purported cost savings such as the proposed Medicare cuts, the job gains produced by the CAP methodology become job losses. We utilized the same econometric model used by the CAP authors to derive employment effects of PPACA, but with the unsupportable costs savings stripped from the model. We provide two estimates:

• The first estimate applies the CAP methodology to the CMS estimate that the PPACA would increase national health expenditures by $24.8 billion over the baseline case by 2019. This estimate shows that PPACA would kill 120,000 jobs by 2019.

• The second estimate applies the CAP methodology to a scenario in which we add $124 billion in Medicare cuts and an additional discretionary spending that would take place under the Bill. The addition of these figures would increase national health expenditures by $148.8 billion in 2019 and thus kill 700,000 jobs by 2019.

If Speaker Pelosi wants to transform national health care, that is one thing. To pass PPACA as a stimulus measure is, however, to engage in wishful thinking.

The Beacon Hill Institute at Suffolk University in Boston focuses on federal, state and local economic policies as they affect citizens and businesses. The institute conducts research and educational programs to provide timely, concise and readable analyses that help voters, policymakers and opinion leaders understand today’s leading public policy issues.

©March 2010 by the Beacon Hill Institute at Suffolk University

Update: The PDF file of this study:

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The ever infamous Jack Frost has ruined employment for Americans in the month of February. He huffed a big puff, and the snow storms that enveloped the US kept many out of work. This is un-American, and a threat to our financial strength and security according to the Department of Homeland Security. Because of this, Jack Frost is on the terrorist most wanted list. Now, I can no longer ask him to keep my drinks cold on the plane trips to Vegas.

In support of this position, California Governor Arnold Schwarzenegger has called for Jack Frost to “chill out.” The Obama administration rebuffed this statement by asking Jack Frost to warm up to the idea of Global Warming.

The Obama administration is blaming upcoming bad unemployment numbers on the storms that plummeted the nation in February. Their argument is that the snow closed businesses and less people were able to work. But, I thought the Government offices were closed, too? So, if folks were unable to work due to snow, they were also unable to report to the unemployment office to be counted. People that already had a job would have returned to work instead of going to the Unemployment offices after the snow melted.

All of this means that the unemployment numbers are neutral. The snow did not increase the unemployment number because snowed in people can not file for unemployment. The number of unemployed increased because those people who did not have jobs when the snow hit did not have a job once the snow melted. In other words, either people have a job or do not have a job – irregardless of what evil things Jack Frost did.

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My predictions for 2010 grouped by subject:

Healthcare:

1. Healthcare Legislation passed in 2009 will be legally challenged and end up in the malaise of court proceedings. This status will cause the healthcare industry to pause investment and growth. Continued healthcare demand will not be met and a contraction of care and services will result.
2. Insurance companies will increase their premiums 200%, reduce the number of services covered and decrease preexisting coverage. Despite being in the pockets of Congress during the passage of healthcare “reform” they will be bracing for heavy fiscal losses in the long term. Since they will eventually be controlled by the government anyway, they will be prepared to have the government force them into every inch of reform.
3. Insurance companies will quietly reduce their lower-paid workforce by 20%. Management level positions will increase 20% to prepare for increased government bureaucracies.
4. Insurance companies will merge to provide better defense against government “competition.” If mergers are not allowed by government bureaucrats, many of the companies will fold. The workforce from the folded companies will added to the larger insurance companies, anyway.
5. The newly uninsured from failed insurance companies will be unable to find coverage anywhere else. The government will be overwhelmed Medicaid request and be unable to provide coverage right away. The first reality of government healthcare will be felt across America.
6. Insurance Companies will implement a reimbursement schedule similar to Medicaid/Medicare. They will delay payment to spread out their liabilities over time, thus decreasing their net loss on paper.
7. Physicians will begin to implement a “fee-for-service” or subscription-based payment system. These physicians will quickly become unable to accept new patients as current customers will fill the open slots.
8. Fewer physicians will take Insurance/Medicare/Medicaid. Government will threaten to make the doctor’s refusal of these payment systems illegal.
9. Masses of physicians 55 and older will either begin preparing for retirement, or will retire. Most of these will be highly skilled specialists. MD’s in their 40′s will be scrambling to pay debt off in order to leave the field quickly before the government takes over their practice.
10. Hospitals will begin looking at cost-cutting measures such as increasing the nurse-to-patient ratios on floors. A battle with nursing unions will result, strikes will occur and patients will suffer.
11. Temporary nurse staffing jobs will be in high demand. The demand will draw many highly experienced nurses from local hospitals. Local hospitals from around the country will suffer.
12. Wait times for medical services will increase due to increased paperwork requirements from Insurance companies and government.
13. Hastily implemented electronic medical records (to receive ARRA funds by 2011) will result in staff confusion and delayed patient care.  Many implemented systems will be declared a failure, resulting in use of backup paper systems.

Immigration/Race

1. The Obama administration will try to quickly pass illegal immigration amnesty by the summer. Democrats know their goose is cooked in November, so they will try to do as much damage as possible before they exit stage left.
2. Racial tensions will explode like not seen since the Civil War. Mexican illegal aliens will riot and protest for amnesty. Blacks will protest the Mexicans and anyone against Obama.
3. The liberal media will blame the Mexican and Black violence on White racism which will incite white people to protest and fight back.
4. ACORN will set fire to media outlets and Black churches to further incite racial anger toward whites. ACORN and Black Panthers will organize race riots in towns across America.
5. Black rioters will assassinate James David Manning of ATLAH World Ministries for his Anti-Obama rants.
6. Jeremiah Wright will become a powerful voice in the anti-Mexican and anti-White riots.
7. The largely minority-based workforce in nursing homes will be more violent and neglectful to clients as staffing patterns are changed and caring for “rich white-people” becomes more stressful.

Politics:

1. Obama will become more openly angry and cynical as he sees his favor with the American people decrease. The young voters who looked to him for optimistic guidance will become disheartened as their hero looks more like a zero.
2. Republicans will take back control of the Congress. This victory will be bitter-sweet because the American public will not be trusting of any party in power.
3. A dominate third party will take hold after the smoke clears in the tortuous elections in 2010. This new party will keep pressure on the newly elected Republicans to be more fiscally conservative. The Republicans will find it difficult to change the leviathan created in the Clinton/Bush 43 years.
4. Libertarians and Conservatives will construct the base of the new third party. It will shred what remains of the Republican Party. Liberal Republicans will absorb into the Democrat party.
5. ACORN will organize an assassination attempt on Rush Limbaugh. This will not kill Limbaugh, but will incapacitate him to the point of being off the radio during the 2010 election cycle. Mark Stein will become the permanent host for the EIB network during Rush’s convalescence.

Economy:

1. Employment numbers will increase. The liberal press will scramble to pump good news out about the economy. They will fail.
2. The US economy will not improve, despite claims by the Obama Administration to the contrary.
3. The government will continue to shift allocated funds, to sponsor new programs which provide no impact.
4. The Obama financial operatives will struggle to hide their inability to borrow more from foreign governments.  Hence, the shell game of debt shifting made in point number 3.
5. The US Dollar will fall in value and inflation will easily be felt be everyone from Wall St. to Main St.

Climate:

1. Fabricated climate data will surface from American Universities. Young disciples of Climate change will find and reveal this data in revenge for being hoodwinked. Hell has no fury like a hippie’s scorn.
2. Universities who sponsored the crooks that participated in the fabrication of data will see a sharp decline in Alumni contributions.
3. Tuition to colleges will increase almost 100% in the fall of 2010. Lots of college kids will not be able to pay the tuition. These scorned brains of mush will either become flaming ACORN Liberals or Ron Paul Republicans.
4. Links between carbon traders and fabricated climate data will surface. Legal proceedings will begin against these carbon traders. Monetary stocks invested in climate change will crash and burn. Climate companies will request a bailout from governments around the world.

Media:

1. Fox News will see at least a 45% rise in consistent viewership.
2. Liberal TV Media will fabricate their viewership numbers to stay on the TV. The real numbers will be hardly measurable.
3. Liberal newspapers will receive quiet Federal funding through organizations like ACORN to stay in print for the 2010 election season. Fox News will expose this, hence the increase in ratings for Fox.
4. The White House will send the liberal attack machine to destroy Fox News. Fox News will nullify this effort by exposing it. Obama will lose further creditability with the US public and be compared to Nixon. Many pawn-level White House staffers will be fired in an effort to repair the public’s trust.
5. Drudge Report will launch a conservative newspaper nation-wide. It will debut utilizing Twitter-like technology and formatted for any kind of portable device. The paper version will be smaller in size, less bulky and easier to carry in a folio. This “short and sweet” newspaper will largely be main highlights of static news. The online version will provide more in-depth and dynamic coverage of stories. USA Today subscriptions will be hit hard.
6. Fox News will soften its tone after the elections of 2010 in an effort to appeal to the CNN crowd.
7. The Fox News Show, Hannity will become more “centrist” falling in line with the O’Reilly Factor.  Sean Hannity will become less vocal on Conservative ideals to keep Liberals from being scared away.
8. The only Fox News shows that will remain creditable to the Conservative cause will be Glen Beck and Greta Van Susteren.  Greta Van Susteren is not a Conservative voice, but will remain fair and balanced to all sides of the political spectrum.

Technology:

1. Enterprise-level companies will continue Windows 7 adoption. Fiscal constraints will make the adoption less of priority for many organizations, though.
2. The Windows Mobile platform will not grow despite bigger marketing efforts by Microsoft.
3. More details of the Google Android Operating System will emerge. Smaller businesses will delay Windows 7 purchases in lieu of adopting Google services throughout their offices. Cheap and/or free makes a great business investment.

Religion:

1. Americans will become sickened by large churches, which tend to mirror the politics of large government.  Therefore, large mega-churches around the country will have decreased attendance.
2. Many Christians will long for a more personal approach to church.  New smaller churches will emerge from the scene.
3. Pentecostal-style and Christian fundamentalist churches will emerge and grow.
4. The largest portion of new Christian converts will be young people in their twenties.  They will be disheartened by the lies of government and seek something else larger than themselves for guidance.
5. Jesus will replace Obama as the Messiah for many young people.

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