ssǝɹddns ɹou ɹɐǝɟ ɹǝɥʇıǝu plnoʍ ʎʇǝıɔos ǝǝɹɟ ʎlnɹʇ ɐ ʇɐɥʇ ƃuıʇnɔolɯnɔɹıɔ suıɐʇuoɔ ǝʇıs sıɥʇ

Wednesday, June 15, 2011

ATMs or: No hope or change until January 2013

Snagged from ABC’s Jake Tapper:

In her interview with the president airing yesterday on NBC, Ann Curry cited a New York Times report suggesting that “since the recovery began, businesses have spent just 2 percent more on hiring people, while at the same time spending 26 percent more on equipment.”

“Well, I don't think it's a matter of me being unable to convince them to hire more people,” the president said. “They're making decisions based on what they think will be good for their companies. A couple of things have happened. Look, we went through the worst crisis since the Great Depression. We are now in a process where the economy is growing again, and we've created 2 million jobs over the last 15 months. But it's not as fast as it needs to be to make up for all the jobs that were lost.”

The president said that “the other thing that happened, though, and this goes to the point you were just making, is there are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM; you don't go to a bank teller. Or you go to the airport, and you're using a kiosk instead of checking in at the gate. So all these things have created changes in the economy, and what we have to do now -- and that's what this job council is all about -- is identifying where the jobs for the future are going to be; how do we make sure that there's a match between what people are getting trained for and the jobs that exist; how do we make sure that capital is flowing into those places with the greatest opportunity. We are on the right track. The key is figuring out how do we accelerate it.”

First glaring problem: Identifying jobs for the future? Uh, future jobs won’t pay the bills right now. Oh, wait. We've got the fast-growing welfare roles for that. I forgot.

And since when is it the Fedrule Govmint’s “job” to decide who should be trained for what and when? This is utter poppycock.

What, did ATMs built by Dick Cheney’s Halliburton first appear in early 2010, thereby short-circuiting Oblahblah’s much-trumpeted Summer of Recovery that crashed and burned just like his presidency will? Maybe Diebold did it.

Future jobs. Green jobs. Fedrule jobs. Union jobs. Yep, anything but the real jobs, the measurable, more traditional jobs that are normally created with ease by an unrestrained private sector not crippled by uncertainty, the millions upon millions of jobs that fill the treasury rather than help to drain it.

And, no bank tellers because of ATMs?

Uh, people produce ATMs. People install ATMs. Other people service ATMs. Still other people deliver funds to ATMS. And right now, some other people are likely designing the ATMs of tomorrow. Perhaps, some former bank tellers are even building them.

And, “…how do we make sure that capital is flowing…?”

What imaginary capital is he talking about, while cities are laying off police officers, firefighters, municipal workers, and while school districts have been forced to embrace emergency austerity programs with depraved abandon?

Lastly, “…train workers for jobs that exist? Honestly!

Last I checked, the private sector managed to train people for jobs that exist very nicely. Well, at least, when it was still hiring before the entitlement-crazed Democrats managed to force the collapse of the housing market in the name of their self-styled vote-for-me social justice.

If you voted for this woefully inexperienced, self-impressed charlatan who would rule by executive fiat even as the precipice draws dangerously near, I expect your email apology in my inbox by the time I climb out of bed tomorrow. Or, you could continue to stubbornly stick with the intellectual dishonesty bit.


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