September 17, 2012

Monday Off-Topic (Moderated) Open Thread (091712)

Filed under: Lucid Links — Tom @ 7:30 am

Rules are here. Possible comment fodder may follow later. Other topics are also fair game.

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3 Comments

  1. Layoffs: Medical device companies cut 2,000 jobs in 2 months

    http://www.massdevice.com/news/layoffs-medical-device-companies-cut-2000-jobs-2-months

    Several of the med-tech companies that are scrapping jobs say the 2.3% medical device excise tax in the Patient Protection and Affordable Care Act, slated to begin in January 2013. Others deny that the tax is the sole cause of their moves, saying it’s a factor but not determinative.

    Whether it’s the sole reason or part of the reason, the fact is ObamaCare is costing more jobs. Apparently, Obama believes Pelosi’s line that unemployment checks spur the economy. Obama’s only response to joblessness is unemployment checks and food stamps, not understanding or relieving the reasons for the job loss.

    Liberalism is like a tick, a couple of ticks can thrive while the host lives unaffected, the problem results when the ticks have babies and multiply eventually weakening then killing the host. Liberals saw no negative results for decades of their policies and could easily deny their results but no more. Liberalism has now multiplied to the point that their cumulative parasitism is weakening and killing the host. Sacrifice the ticks and save the host.

    Comment by dscott — September 17, 2012 @ 12:05 pm

  2. QE3 spin:

    Fed action a welcome move for small businesses
    By Sharon Jenkins

    http://www.washingtonpost.com/blogs/on-small-business/post/fed-action-a-welcome-move-for-small-businesses/2012/09/18/62999580-fe7a-11e1-a31e-804fccb658f9_blog.html

    The action included the Fed’s commitment to keep short-term interest rates near zero until 2015 and to buy $40 billion a month in mortgage-backed securities — two important steps that will reduce interest rates for home buyers and other borrowers.

    Zero interest rates, zero income growth, zero wage growth plus continuing food and fuel inflation = Stagflation

    But hey, according to Obama you are better off now than 4 years ago. Tell that to the record number of food stamp recipients and the millions of people who used to have full time jobs now stuck with part time jobs to make ends meet. And they wonder how the median income dropped by $4,000??? And these are the people who are supposed to qualify for buying a house to take advantage of low interest rates?

    Comment by dscott — September 18, 2012 @ 8:51 am

  3. [...] BizzyBlog and NewsBusters commenter dscott brought a post at a Washington Post business blog to my attention earlier today. [...]

    Pingback by BizzyBlog — September 18, 2012 @ 3:46 pm

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