BloggeRhythms

Although the following Einstein quote’s been used here before, it seems appropriate now to repeat it again: "Insanity: doing the same thing over and over again and expecting different results." Because that’s precisely what the incumbent’s done for most of his term in office, and is now doing again.

 

What the POTUS has proven consistently is that, regardless of the situation, what facts indicate, or even the least bit of common sense foretells, politics is always the first consideration, no matter.

 

A prime example occurred over the weekend, where during an interview on “Meet the Press,” while describing planned military action in Iraq against ISIS, and perhaps in Syria later on, the incumbent never mentioned the word “war.”

 

Wars are things that Republicans do, especially the truly evil one's like “W” Bush. Democrats on the other hand are peace-loving individuals, avoiding hostility at all costs. Which is why most U.S. troops were withdrawn from the region far too early, permitting ISIS to grow and prevail in the first place. But that doesn't matter because, a campaign promise was made to POTUS’ constituency regardless that by his own estimate the mistake will now take at least three years to fix.   

 

On another matter, this one here at home, Josh Boak reports in an AP article from DC that, “U.S. workers face a dim future, with stagnant or falling pay and fewer openings for full-time jobs. That's the picture that emerges from a survey of Harvard Business School alumni.”

 

The details indicate that, “More than 40 percent of the respondents foresee lower pay and benefits for workers. Roughly half favor outsourcing work over hiring staffers. A growing share prefer part-time employees. Nearly half would rather invest in new technology than hire or retain workers. At the same time, it's becoming harder for the executives to find skilled workers, according to the survey results being released Monday.”

 

Additionally, “The survey reflects the unevenness of the recovery from the Great Recession. Since the recession officially ended more than five years ago, many of the gains in employment, income and wealth have failed to circulate through the entire economy.

 

Few workers have received meaningful pay raises. Median household incomes, adjusted for inflation, are below their pre-recession levels, according to estimates by Sentier Research. The median income was $54,045 in July, about 4.6 percent lower than when the recession began in late 2007. 

 

The survey also suggests that incomes aren't likely to increase much anytime soon. Forty-one percent of respondents see lower wages and benefits ahead; just 27 percent expect pay raises.”

 

Furthermore, “The survey found that many companies are reluctant to add jobs if other alternatives exist. Only 25 percent said they preferred investing in employees, compared with 46 percent who would rather spend on technology. Forty-nine percent favored outsourcing work over hiring.”

 

And then, toward the end of the article can be found the probable cause of the dismal condition of employment in the nation, as follows: “[C]hanging the way unemployment is calculated doesn't fix unemployment, and that adding thousands and thousands of pages of regulations along with drastically increasing health care costs makes it more and more expensive to hire people... Ask any business owner, instead of some Harvard Egg head.

 

The elephant in the corner of the room that keeps getting ignored is how ObamaCare has suppressed full-time hiring. That is a huge factor in employers opting for part time help and outsourcing.”

 

So, here, once again can be seen the affects of applying promises made while campaigning, instead of attempting to identify and remedy the causes of economic decline.

 

And the saddest part of the entire situation is that the numbers of voters with their hands out keeps growing. Which means that the shrinking returns to those gainfully employed penalizes them for attempting to be productive. Ultimately leading to a smaller total work force and less income for the whole population. All because politics once again trumped practical reality.   

 

That’s it for today folks.

 

Adios