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Chris Wysocki
Caldwell, NJ
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Saturday, 10 December 2011
My Weekly Obama Jobs Report: the Lies, Damned Lies, and Statistics edition
Remember Mark McKim?
No?
Barry bought him a beer about a year ago. Mark's unemployed, and it made a nice photo op as the Job-Killer in Chief pretended to empathize with a bonafile unemployed American worker.
The thing is though, Mark McKim is still unemployed. Nice going Barry.
I wonder if Mark's unemployment insurance is about to run out. Because according to Barry, more jobs are created by extending unemplyment insurance payouts than could be had from building the Keystone XL pipeline.
Well sure, if you're counting jobs for bureaucrats. But Mark's a construction worker. You know, the kind of guy who'd probably fit right in on a pipeline project.
Mark shoulda had that beer with John Boehner.
Maybe Chloe can ask Santa to bring him some Christmas cheer.
(I gave Jillian the month off. In her stead, Chloe and some of Santa's other helpers will pinch hit.)
Mark is not alone. Initial jobless claims are back over the 400,000 mark. They briefly dived to 380,000, but I'm thinking that glitch was manipulated for political gain.
And looming on the horizon, ObamaCare, the job-killing menace.
In 1941, Carl Karcher was a 24-year-old truck driver for a bakery. Impressed by the large numbers of buns he was delivering, he scrounged up $326 to buy a hot dog cart across from a Goodyear plant. And the war came.
So did millions of defense industry workers and their cars. And, soon, Southern California's contribution to American cuisine — fast food. Including, eventually, hundreds of Carl's Jr. restaurants. Karcher died in 2008, but his legacy, CKE Restaurants, survives. It would thrive, says CEO Andy Puzder, but for government's comprehensive campaign against job creation.
CKE, with more than 3,200 restaurants (Carl's Jr. and Hardee's), has created 70,000 jobs, 21,000 directly and 49,000 with franchisees. The growth of those numbers will be inhibited by — among many government measures — Obama-care.
When CKE's health-care advisers, citing Obamacare's complexities, opacities and uncertainties, said that it would add between $7.3 million and $35.1 million to the company's $12 million health-care costs in 2010, Puzder said: I need a number I can plan with. They guessed $18 million — twice what CKE spent last year building new restaurants. Obamacare must mean fewer restaurants.
And therefore fewer jobs. Each restaurant creates, on average, 25 jobs — and as much as 3.5 times that number of jobs in the community. (CKE spends about $1 billion a year on food and paper products, $175 million on advertising, $33 million on maintenance, etc.)
Diverting money to ObamaCare means they can't spend it on job creation.
Puzder laughs about the liberal theory that businesses are not investing because they want to "punish Obama." Rising health-care costs are, he says, just one uncertainty inhibiting expansion. Others are government policies raising fuel costs, which infect everything from air conditioning to the cost (including deliveries) of supplies, and the threat that the National Labor Relations Board will use regulations to impose something like "card check" in place of secret-ballot unionization elections.
Government regulations really do get in the way.
But of course a bunch of academics who've never created anything in their lives couldn't possibly know that. Their postulates must be true — Paul Krugman said so in The New York Times.
Maybe Krugman should try running an actual business. One that has to make money, unlike the farcical failure Pinch Sulzberger pretends is his father's legacy.
Sooner or later Pinch will run out of Carlos Slim's money. Then Krugman will get mugged by Reality. Please God, let that one be televised.
Do you know what happens when Barry's policy of surrender and appeasement trickles down into the ranks? The army cuts 8,700 soldiers. that's what. Because there aren't 8,700 expendable pencil-pushers in HHS, EPA, or DoE.
The Euro is about to implode. If Ben Bernanke and Tim Geithner get their way, we'll all go down with the Euroweenies' ship.
Frances Fox Piven is smiling.
-----------
Previously:
My Weekly Obama Jobs Report, the Incredibly Shrinking Labor Force edition
My Weekly Obama Jobs Report, Our Dickensian Future Edition
My Weekly Obama Jobs Report, the Thanksgiving dinner is gonna cost you 13% more than last year edition
My Weekly Obama Jobs Report, the tax breaks for hiring veterans edition
My Weekly Obama Jobs Report, the Jillian Barberie can't find you a job edition
Posted at 11:01 by Chris Wysocki
[/economy]
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