We all know how to mitigate risks. We do it everyday in our everyday life.
We drive a car to work, or to school or to a bus stop. Or we walk. Across a street or next to one.
We swim.
Or buy a gun.
We know, as rational people, what our risks are. And we are remarkable at acting in such a way, as a group, that our risks are minimized while our rewards are maximized.
We all do this. All. Of. Us.
So don’t think for a second that business owners don’t do this as well.
Posted in Economics, Government, Politics: National, Rocket Surgery
Tagged Barack Obama, Health Care, Regulation, Taxes, Unemployment
The counties of North Carolina continue to heal; we’re lowering our unemployment and getting folks back to work:
RALEIGH — Unemployment rates decreased in 73 of North Carolina’s 100 counties in April. Rates increased
in 10 counties and remained the same in 17.
The good news is that this decrease in the rate is being brought about by adding jobs, not simply reducing the unemployed:
The number of workers employed (not-seasonally adjusted) increased in April by 6,751 to 4,046,255. The number of people unemployed decreased by 10,036. The number of unemployed people in April was 424,502 workers, compared with 434,538 in March.
I hope that the North Carolina congress holds firm on with holding continued unemployment benefits to our state’s unemployed. We have long since passed the appropriate amount of time that those assistance dollars are required to transition to a new job. It’s been nearly two years; two years to find a job.
The weekly benefit of those checks is nearly $300.00 a week, certainly not very much. However, workers have adjusted to that amount by this time and taking a job that pays even $10.00 represents a 33% raise in wages. Not an insignificant amount.
I hope that North Carolina can continue to lower her tax rates, keep the sales tax at a reasonable rate and bring business into the state. It’s a good thing to see our unemployment rate fall, but there is much work to be done.
Posted in Economy, Politics: North Carolina
Tagged North Carolina, North Carolina Politics, Taxes, Unemployment
It’s tough. It really is.
There’s a ton of us out there without work; we all know someone who’s looking for a job, a shot. And as long as they’re out there, shouldn’t we do what we can and give ’em the support they’ve worked for all these years? Isn’t that the right thing to do?
No.
And I’ll tell ya why.
Posted in Economics, Government, Politics: North Carolina, Rocket Surgery
Tagged North Carolina, North Carolina Politics, Politics, Unemployment
First, we’re talking about $297.00 a week.
About 45,000 people have lost extended benefits in the month-long standoff between Republican legislative leaders and Democratic Gov. Beverly Perdue, up from an initial estimate of 37,000 people who lost the chance to receive 20 weeks of federal benefits after normal benefits and all other extensions have been exhausted.
Each week, about 2,100 people are running out of benefits, which would pay them an average of about $297 a week, officials said.
So, I just checked and this is what I found:
I’m not sayin’……I’m just sayin’.
Posted in Economics, Economy, Politics: North Carolina
Tagged Bev Purdue, North Carolina, North Carolina Politics, Unemployment
How much does it cost to hire someone? Or, better asked is this:
What has to be true in order to hire someone?
For many who champion “worker’s rights” the lesson is becoming crystal clear.
Posted in Economics, Politics: National, States Behaving Badly
Tagged California, Left, Leftist, Liberal, Politics, San Francisco, Unemployment
Troubling news in the Tar Heel State.
RALEIGH — Unemployment rates increased in 99 of North Carolina’s 100 counties in November, according to statistics released today by the state’s Employment Security Commission. The rate remained the same in Davie
County.
Not so good. I continue to hope for the best here in North Carolina, but we continue to struggle. I’m not sure why. Even though we are a Democrat dominated State, and have been for well over 100 years, even the Democarst have been relatively pro-business here in North Carolina.
I suspect that the reason we continue to see jobs drift away is that we have been so heavily dependent on furniture and textile mills. And, as we all know, that work has been moving over seas for some time now.
I’ll have to do some research to see how long it took other cities [see Pittsburgh] to recover as they saw their jobs vanish. In any event, let’s hope that 2011 does better than 2010:
Over the year, the unemployment rates dropped in 81 counties, remained the same in one county, and increased in 18.
So, year over year, Carolina has dropped its unemployment, but only by 0.7%.
Posted in Economics, Economy, Politics: North Carolina
Tagged North Carolina, North Carolina Politics, Politics, Recession, Unemployment
Students Demanding That We Tax The Rich
The great debate of the day is The Compromise™. Or rather, what we’re gonna do about taxes on the rich. Obama ran on it for two years beginning in 2006. Liberals believed; believed either that he WOULD let the Bush Tax Cuts expire or that he COULD let the Bush Tax Cuts expire.*
And he didn’t.
He neither could nor would. And the great debate rages.
Posted in Economics, Economy, Politics: National
Tagged Barack Obama, Employment, Left, Leftist, Right, Socialism, Taxes, Unemployment
I’m tough on unemployment benefits.
I admit it.
While I believe that folks should get what they “paid” for I am totally TOTALLY against extending benefits. 99 weeks is enough, to think that we need more than that is …. simply …. silly.
The Recession hit. And it hit hard.
And now that it’s over, many people, economists and politicians, are wondering when the jobs are going to come back.
Heck, look at the recent election for proof that current conditions are brutal. Don’t think that the surviving Democrats aren’t mindful of where we are and where we’re going.
And the current dilemma? Unemployment benefits are going to expire for many folks pretty soon.
Posted in Economics, Economy, Politics: International, Politics: National
Tagged Denmark, Liberal, Paul Krugman, Recession, Unemployment
Gallop has unemployment at 10.0% in October. Further, they have underemployment at 18.4%.
While shopping the other day, I had to push a sandwich board out of my way.
This is what it said:
There are 4 distinct departments hiring for management positions.
If anyone claims that there are no jobs out there, they are ignoring jobs that they don’t want.
Posted in Economy, Politics: National, Politics: North Carolina
Tagged Recession, Unemployment