We bailed out wall street now they cut us off?

[Zebo]

Ed Schultz makes his living taking every situation, no matter what it is, and using it to describe how Republicans are destroying this country. Most people are smart enough not to regurgitate his conclusions.

You're right I think it's more of a demand situation. I got friends who talk a lot about "not doing anything until Obama is out" and it's BS money talks bullshit walks. If they could make money right now they'd hire commies to work for them. They can't make money because demand is poor so they don't hire.

 

[Zebo]

Kee-rist. We just went through the most business friendly administration and congress since the 1920's and all we got for that was blued, screwed, and tatooed... quite consistently and predictably, too...

Business wants demand to pick up before they hire... except it can't, until they hire people... but they'll wait, until demand picks up, because they're uncertain, because there's low demand, because they're not hiring people...

Figure it out- unemployed people have a tough time exerting much demand on the marketplace, particularly when their unemployment compensation runs out and business still isn't hiring. Demand is a function of employment, get it?

It still amazes me people can't see what is so obvious.

You simply can't bailout out a few banks and let consumers and small business die by cutting off credit and jobs in a consumer economy....especially when 50% of the nation is employed by small business and 2/3 of the GDP is driven by the consumer spending.....

 

[woolfe9999]

I seriously doubt corporations are not hiring because they are trying to influence a presidential election 2+ years from now. Corporations will hire when it is in their economic interests to do so, and they generally think short term. Anyway, Schultz doesn't have any evidence to support this theory. It's just an inference.

So far as the Republicans, that's a different matter. There's plenty of evidence in their conduct and words to suggest that they are vested in a poor economy right now. Or at least some of them are.

- wolf