Last Friday job numbers about settled the debate over President Obama economic policy it stinks. About 18,000 jobs were created; not even a tenth of what is needed to sustain the economy. The unemployment rate is at a charitable 9.2 percent, but that far less than what it really is. Absent from those numbers are those who are no longer searching for work or working for $10 an hour or less. Under President Obama watch, huge numbers of laid off workers in their 40s and 50s are facing the reality of never regaining a highly paid position in their career field. Under this of America it not unrealistic to assume that a quarter of Americans are either unemployed or under employed. The extra debt that has been accumulated in the past 30 months to up the economy has not motivated the private sector to hire more workers. Fewer than two thirds of working age Americans are working; more than 40 percent of civilian adults within the age of work are not working. The Democrats wish for higher taxes and its strategy of demonizingthe rich and businessis underscored bythe president ignoring a bipartisan debt commission recommendation. President Obama had the opportunity to embracethe debt commission proposal that by 2035 would have equalized federal outlays with federal tax revenue at 21 percent of GDP. The 21 percent level is higher than historical tax rates. Yet, Obama dissed the commission report. That was a big mistake. He could have used his bully pulpit, and public approval of the report, to intimidate the GOP to accept a tax hike that would lead to a balanced budget. can support tax outlays of 23.8 percent of GDP. That, unfortunately, is a political report, not a bipartisan report, and business won respond positively to it. (read) Both sides share blame in the debt mess, but the president lack of leadership on the issue is a bigger obstacle. I fear your republican/tea party/hateallthingsObama roots are showing! Maybe it is time to visit your hairdresser/head shrinker and get them touched up. So let me get this straight, Obama takes over the controls of the ship of state moments before it runs aground on the shoals of total bankruptcy and collapse, a course set by greedy, arrogant and morally bankrupt republican policies (read fat cats who control the vast majority of the nation wealth), he manages, through heroic and near impossible efforts, to avoid the plunging of the nation into total depression and financial ruin and you sit there at your key board and proclaim his efforts to based on one economic factor two years into the slow recovery that is recognized by most impartial economists! Ya got a lot of chutzpa my man, especially considering you might not even have a job right now had Obama not done what he did during the last couple of years. What did the republican nay bobs who control most of the wealth ever do for you anyway? Why is taxing them fairly such an evil idea like all the blind sheep who buy into this dis proven trickle down theory nonsense believe? Do you really think that the accumulation of the nations wealth into fewer and fewer greedy hands is somehow going to make everything rosy and put a chicken in every pot? Jeeze man, with an editorial like this one it seems to me you ought to run for the Utah State Legislature. Hell man, you would probably move right into the leadership with great statesmen like Waddoups, Valentine, Bramble, Lockhart, etc, etc. They would all love to have a guy with your writing skills molding their lyin propaganda for the suckers who keep voting the worthless bastards into office! I get a little (well, more than a little) tired of the fact free, vitriol prone revisionist history such as is represented here. Let start with bankrupt [R]epublican policies. (Note the morally bankrupt capitalization of proper nouns don you just hate that?) The economy started hemorrhaging jobs during the real estate equity crises. For an unbiased understanding of what happened, read G. Morgenson J. Rosner, Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon (Times Books 2011). They note that in 2005, Rep. Barney Frank responded to the question of whether the government push to increase home ownership rates might result in people buying more home than they could afford and putting themselves in dire straits. brushed off the questioner. deal with that problem if it happens, he barked. Fannie and Freddie (as government sponsored enterprises) were shielded from effective or meaningful regulation by Democratic Party lawmakers, not the Republicans. It a little hard to charge the Republicans with moral bankruptcy and a lax regulatory attitude, when the relevant laxity was created and promoted by Democratic Party policies, driven by fiercely aggressive lobbyists with Democratic Party (not Republican) connections. (Under the direction of a man named James A. Johnson, who owed his position at the top of Fannie Mae to Walter F. Mondale. A morally bankrupt Democrat, don know.) From 1989 to 2009, "Fannie Mae spent roughly $100 million on lobbying and political contributions", and "Johnson was the financial industry's leader in buying off Congress". Barney Frank was far from the only Democrat who protected Fannie Mae and Freddie Mac in Congress. Rep. Prior to real estate equity coming undone in 2008, there were 14 consecutive months of employment growth for the Bush Administration. But it is easy to blame him for a collapse foisted on the American people by the greedy and morally bankrupt policies of others. So, then, Democratic partisans want to say, you can blame Obama he inherited the mess. But, I sorry, you sure CAN blame Obama. He campaigned on the idea that he knew how to fix the problem. Clearly he didn We know that because (1) the economy has recovered much better from similar bubble collapses in the past (the S bust and the dot com bust) and (2) none of Obama Democrats predictions about their non solution have come anywhere close to true. Pres. Obama sold the useless stimulus expenditure bills driving the debt higher and higher on the basis of job growth expectations far, far better than the 9.2% (!!!) unemployment prevailing today. When we had recessions and financial crises before (see above examples) we ALWAYS been able to come out of them faster and stronger than what we seeing now. It not happening now because we constantly threatening higher taxes, we driving up costs, and we severely limiting new investment. We told ourselves that padding public payrolls was good economic policy, which turns out (surprise, surprise!) not to be the case. In the meantime, we saddled future generations with a debt which will be to our permanent disgrace for the rest of time. Just this week, the Associate Press reported: dismal June employment report shows that employers are adding nowhere near as many jobs as they normally do this long after a recession has ended. has climbed for three straight months and is now at 9.2 percent. There no precedent, in data going back to 1948, for such a high rate two years into what economists say is a recovery. the phrases they normally do and no precedent. You can discount this as just the old whipping boy, Fox News this is from AP. And, FYI, the wealthiest Americans trend Democratic, not Republican. The people who trend Republican are the ones who have, you know, moral values, and the ones who would like to be better off economically than they are now AND are willing to work for it as opposed to the folks that, you know, prefer to sit back and wait for the benefit check to come in the mail or show up on the EBT card. Doug I think Tom has it about right on this one. The only other thing that I would add, is that the President can not create jobs. The administration can set a course that will hopefully stimulate job growth, but that can take years. The only thing that will create jobs, is demand for products. If there is no demand, there are no new jobs created. Unfortunatly the economy grinding to a halt, all of us losing actual or percieved wealth in our homes, and the trickle down effect from that, is what has scared the crap out of most consumers. Therefore, no spending equals job loss. Not quite what your blog equates. Doug, you might wish to look into the provisions of the tax code that actually encourage corporations to keep jobs and profits offshore. There are lots of economists who think that reform of the corporate tax rate, which is higher here than almost anywhere, would bring an end to the practice of corporate profits. And there is considerable historical evidence for the proposition that reduction in capital gains taxation increases revenue. High capital gains rates discourage profit taking (which is the taxable event) and keep investment capital frozen. I haven been following Ben Stein comments, but I would be surprised if Stein were opposed to either of those reforms. Doug, Let me think back a little yes, thatis right, the person responsible for the unemployment being what it is today would be your conservative President Bush. This President is doing what he can, attempting to get things going again, and consistently having to butt heads with your drones in the GOP party. The thinking of your associates in your Party is my way or the highway! Apparently it worked with the Presidential Election electing Obama as President. Their egos will do nothing but prevent them from getting elected again. PROPOSALS to help with unemployment are NOT forth coming from Republicans, the main cause of unemployment. BUT, the Rich are still Rich and getting Richer! I remember Republicans screaming that the Bush Tax credits were vital because the tax credits were supposed to create jobs. Where are those jobs that House Republicans said would be created by the extended Bush Tax credits? Doug what house bills have been forwarded by Congress to spur job growth? I see that you can point fingers and complain, but the Republican House of Representatives has not proposed even one bill to create job growth. I will tell you what. You seem to want Obama to lead please call your congressmen and ask them to let Obama lead the way on this issue. Either put up or shut up because pointing fingers is just clabber without the motive to actually be part of the solution regardless of what side of the isle comes up with the plan. I don know what tax credits you mean. I think you referring to the legislation adopted on a bipartisan basis, and signed by President Obama, to continue in effect the same tax rates as were already in existence. So, no, if you that the Republicans said that continuing the exact same tax rates in effect would create jobs, you clearly remember wrong. This comes as no surprise, but I guess that neither here nor there. What they said was and President Obama said the VERY SAME THING at the time what they said was that letting income taxes go up across the board in January 2011 would have had a negative effect on what appeared to be a very weak economic recovery. He was right and they were right. The recovery remains very weak to this day, because the country only idea of economic policy right now is to figure out how to drive UP employment and other costs and how to RESTRAIN net (after tax) return on investment. This is absolutely no way to run a recovery. Hope that clears it up for you. Can think up a convincing argument, so you need to drag out a Mormon slur? I sure that falls under several different catagories of logical fallacy. Well played. But LMA is correct. Republicans never said that the extending the tax cuts would create new jobs, to my knowledge. How would that work, anyway? When the tax rates were extended, that just meant that nothing changed with respect to tax rates. Taxes stayed the same, and didn go up. So explain to me how not changing tax rates would create new jobs. If the rates were repealed and taxes went up, then sure, jobs would be lost, even more than they have already, which everyone should agree would have been a bad thing. 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Official Website Outlet Online Air Jordan 6 Carmine 2014,Air Jordan 10 Charlotte Bobcats WHILE the heart and sole'' of America's athletic footwear industry, including giants Nike Inc. and Reebok International Ltd., manufacture their products on distant shores, a handful of companies remain dedicated to manufacturing in the United States.In the $11.6 billion industry, 85 to 90 percent of all athletic footwear sold on the US market, excluding canvas shoes, is manufactured overseas, says Thomas Doyle, director of information and research for the National Sporting Goods Association in Mount Prospect, Ill.About five companies still manufacture parts of their lines in the US. That includes firms that design and assemble shoes domestically but use components supplied from overseas, says Gregg Hartley, executive director of the Athletic Footwear Association. The companies include: Vans Incorporated in Orange, Calif., Converse Inc., in North Reading, Mass., Keds Corporation in Cambridge, Mass., New Balance Athletic Shoes Inc., in Boston, and Hyde Athletic Industries Inc., in Peabody, Mass., maker of Saucony athletic shoes.Contrary to what most consumers believe, the athletic footwear industry never left the US, Hartley says. It is not really a case of manufacturing going offshore,'' he says. [Offshore] is where the business developed.'' Made in Europe'In the late 1960s, the only athletic shoes considered to be manufactured in the US were Converse and Keds, Hartley says. High end'' footwear was manufactured primarily in West Germany and Czechoslovakia, he says, because the quality of the shoes and the cost to build them were so far ahead of what was being done in this country.''Nike was the first to make products in Asian factories China, Taiwan, Korea, and Indonesia. The quality was superior to the products manufactured in Western Europe, and the costs were cheaper, he says.That's been the whole concept behind the development of the athletic footwear business as we know it,'' Hartley says.The advantages of manufacturing in the US include better production and quality control and more flexibility in meeting the sales demands of retailers, companies say. But size, volume of business, and particular niche markets'' that companies fill factor into companies producing here, Hartley says.It is easier for developing companies such as New Balance, Hyde, and Vans to control their inventories and production processes in the US.But Mr. Doyle argues that companies that manufacture in the US do not have a quality advantage over companies that manufacture offshore, because American athletic shoes that are manufactured overseas are still designed, tested, and modeled in the US. The control might be better in domestic production,'' Doyle says, but it doesn't necessarily mean the quality is better.''Companies admit that manufacturing in the US costs more and drives up the price of the product. If all athletic footwear manufacturing was moved to the US,'' Hartley says, yes, the consumer would pay a much higher price than they're paying now.'' Choosing the USNew Balance produces 75 percent of its products domestically and employs 1,000 workers in four manufacturing plants in the US two in Massachusetts and two in Maine, says Katherine Shepard, marketing communications manager for the company.It is a choice of finding a way to do it,'' Ms. Shepard says. It's not necessarily easy and it's not necessarily painless. It's a passion of the owner. He believes in US manufacturing, not only for his business, but for the country.''While New Balance admits that it cannot currently produce a pair of shoes for less than $50 in the US, it manages to stay close to its competition in pricing. The average price of a New Balance shoe is $65, Shepard says.Shepard says the majority of costs in manufacturing athletic shoes are not in labor but in materials. Direct labor accounts for 16 percent of New Balance's costs; materials account for 53 percent.What you have to do is become smarter in how you buy and use materials,'' she says. The other companies could do it [manufacture in the US], but they chose not to. We do it by staying on top of technology.'' Staying profitableNew Balance's computerized technology helps minimize the amount of wasted materials and utilize its workers more efficiently, Shepard says. Updating technology is expensive, she adds, but it enables the company to manufacture domestically. Despite a decline in sales in the athletic shoe industry, New Balance sales have risen in the past year, along with its employee base, Shepard says.Besides technology, the company emphasizes quality based manufacturing'' and workforce empowerment,'' Shepard says. New Balance has done away with the assembly line and instituted manufacturing teams of four to nine workers. Shoes are made one at a time. Workers are paid 70 percent on quality and 30 percent on productivity. The company saves money, he says, because it has fewer defects.Hyde Athletic Industries Inc., maker of running, walking, tennis, and fitness shoes under the Saucony name, reengineered its plant in Bangor, Maine, to accommodate an increase in volume. The increase came in response to a magazine article in May 1992 giving the company's running shoes a No. 1 rating, says Ken Graham, vice president of manufacturing and development.Most of Saucony running shoes are manufactured domestically, using components from overseas, Mr. Graham says. Saucony makes up 70 percent of Hyde's overall revenue. The company says it tries to be as competitive as possible in pricing and usually comes within $5 of its competition.The consumer demand for shoes that are made in the USA'' has helped sales, Mr. Graham says, and the consumer is usually willing to pay a slightly higher price. Air Jordan 6 Carmine 2014 Jean Luc Brassard, freestyle skier (b at Valleyfield, Qu 1972). At age 8 Brassard began skiing on a small hill near his home. He quickly tired of traditional skiing and discovered competitive moguls. Brassard developed rapidly, joining the national team at 17 and winning his first World Cup race at 18. He became a serious contender at every World Cup event, winning 10 before capturing the 1993 world championship. Brassard suffered through a poor season in 1993 94 but rebounded at the 1994 Olympic Games with a spectacular performance, defeating the defending champion and winning the gold medal on 16 Feb. With yellow patches on his knees to highlight his flawless technique, Brassard edged out Russian Sergei Shupletsov by a mere 0.34 points. He added to his successes by winning the Canadian title in 1995 and the World Cup in 1996 and again in 1997. He was selected to carry the flag for Canada in the opening ceremonies of the 1998 Olympic Games in Nagano, but was unable to reach the medal podium during those games. Brassard finished 4th in the 1998 99 World Cup standings. It was the first time in 9 years that he did not finish the season in the top 3 rankings. He suffered a serious knee injury during the 2000 World Cup finals and was unable to compete during the 2000 2001 season. He was, however, able to return in time to qualify for the 2002 Salt Lake Olympic Games, where he placed 21st in the men's moguls event. He retired from professional competition in 2004. Brassard is also known for extensive charity work, including his annual tour with "Enfants du Soleil," the French division of the Children's Miracle Network. He was given the 2000 Gillette Sport Award in recognition of his dedication to charity work. In 2010 he was inducted into CANADA'S SPORTS HALL OF FAME. Fraser, Mary. 2010. Jean Luc Brassard. The Canadian EncyclopediaFraser, Mary. 2010. Jean Luc Brassard. The Canadian EncyclopediaWhile every effort has been made to follow citation style rules, there may be some discrepancies. Please refer to the appropriate style manual or other sources if you have any questions.
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