Over the past few weeks in this newsletter, I have made the case that the policies of the Obama-Pelosi-Reid machine have killed jobs—that they have artificially extended the length of the recession by creating panic over huge deficits and uncertainty about future tax rates and other government-imposed burdens.
Commentary: Collier residents vote “YES” to shopping convenience in Golden Gate Estates. Congratulations to the Estates Shopping Center Political Action Committee who were forthright in their provision for 300 potential jobs within a short time in contrast to Jackson Lab which might bring 200 jobs in 10 years albeit a higher cost. Households don’t see Fred Coyle’s name on the work of the direct mailers. Probably not desired. I will have to vote “YES” to Estates Shopping Center.
The United Nations work agency said it was putting back by two years from 2013 its previous assessment of the time needed to create the 22 million jobs still needed to regain the pre-crisis level – 14 million in rich countries and 8 million in developing states.
- FACTBOX-Key political risks to watch in Greece (reuters.com)
- Iceland’s politicians forced to flee from angry protesters (guardian.co.uk)
- IMF Fears ‘Social Explosion’ from World Jobs Crisis (cryptogon.com)
- US Faces ‘Explosion of Social Unrest’ (lewrockwell.com)
- U.N. Agency Warns of Dangers of Slow Job Growth (nytimes.com)
- International Labor Organization estimates global recession will end in 2015 (justjobs.com)
- U.N. Says Global Employment Needs 5 Years to Rebound (nytimes.com)
- Pre-crisis jobs level regained only in 2015 – ILO (reuters.com)
- Job market recession could trigger social unrest, UN agency warns (guardian.co.uk)
- Cuts ‘to delay jobs recovery’ (bbc.co.uk)
Rep. Tim Ryan (D-Ohio) is an advocate of more government spending as a way to strengthening the economy. He believes that raising Americans’ taxes is necessary to pay for big-government spending. Ryan supports the tax hike on small businesses which will go into effect on January 1.
It proves that while the Obama administration imposes restrictions on off shore oil drilling on American companies, these same drills could move a few miles south and take American jobs with them. Yes, American jobs would be exported while these new deeper oil wells Cuba and Spain plan to drill would present an enormous environmental threat to American states on the Gulf of Mexico, Florida in particular.
These are stories from only three metropolitan area in the United States where the local business publications have studied the income gap between Hispanics and other racial and ethnic groups living in this country. The figures paint a somber picture of the income Hispanics earn, compared to those of African American and Whites.
These studies come from business publications in Columbus, Ohio; in Nashville, Tenn.; and in Albuquerque, New Mexico. And in all, with the data coming from the U.S. Census Bureau, the disparities are enormous.
Commentaty: May I add another point to this article that the less income is reflective of just what Hispanics will do to work, i.e., even accept the least income. At the same time, Hispanics always love to work, and its important to remember that Hispanics love to work for a gain because of their creativity, ingenuity, innovativeness, and teamwork.