Elections have consequences, job loss edition
When the jobs report for November came out last week, many so-called “experts” were shocked at the massive loss of an estimated 533 thousand jobs. Even a Time /CNN organization called “The Curious Capitalists” were at a loss to explain it.
Let me attempt to help out these “curious capitalists” (though I am still skeptical that anyone working for CNN or Time is either curious or a capitalist). I caused part of this job loss and I know precisely why; the election. The results portend big trouble for small business.
Read this article, “Blame me for job losses”, at the link above.
Comments
Comment from The Bulletproof Monk
Time December 13, 2008 at 18:24
I let four subcontractors go the day after the election.
I’ll be able to get by just fine on $40 grand annually till this jackass is gone. There was a report on WTOP about where to put your money before the taxing increases begin.
Anyone who didn’t move their money the day after the travesty is a dumbass.
Comment from miamibeachcondosandhomes
Time December 12, 2008 at 15:31
Interesting take on small businesses preventative actions. I happen to think that employment will fluctuate a lot like the stock market and continue on a downward trend. There seems to be an underlying stability in all the markets that gives me confidence that recovery will come sooner than later.