6 votes

You will not believe what some people are willing to do for a PAYCHECK

You will not believe what some people are willing to do for a PAYCHECK

It is absolutely amazing what some people will do to make a living in this economy. Desperate times call for desperate measures, and we have not seen this kind of desperation for jobs in America since the Great Depression of the 1930s. What some people are willing to put up with just to bring home a paycheck these days will totally shock you. For example, would you slaughter dogs all day long even though you are really a dog lover? Would you personally train your replacement from China even though you knew he was about to take your job? Would you trade sex for a job? There are people out there actually doing all these things and worse. Every night in America, millions upon millions of people roll around endlessly in their beds and stare at their ceilings for hours because they can't sleep. They are sick to their stomachs because their money is gone and nobody will hire them. They can't provide even the basics for their families and they feel worthless. Unemployment can be absolutely soul crushing and it can suck the life right out of you. Things were supposed to be better by now, but they aren't. The month after Barack Obama took office the unemployment rate broke the 8 percent barrier and it has stayed above it ever since. But the truth is that the "official" unemployment number greatly understates the real amount of suffering that is going on out there. In reality, the percentage of working age Americans that have jobs is lower today than when the last recession ended. There are millions upon millions of Americans that are desperate for some hope, and there is no hope on the horizon. In fact, things are going to be getting a whole lot worse for the U.S. economy

read more: http://theeconomiccollapseblog.com/archives/you-will-not-bel...




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the last 30

years the world has thrived on DEBT. But now the public is maxed out on debt and will be unwinding for a long time to come. Public DEBT is close behind and soon interest on the debt will consume most of what govt. takes in...so the govt. will have to cut spending and a lot of it. This isn't a recession this is economic armageddon.

Spending is up; thus consumer confidence is up

That means companies will expand to meet demand. That means jobs.

I hate to break it to you. The US has been through dozens of recessions, depressions, etc.

This too shall pass.

egapele's picture

Huh? You're either being purposely offensive or you're ignorant.

To say those things and then sign off saying that Ron Paul is the people's champion? What a slap. Google "Ron Paul Federal Reserve Audit."

dude,

consumption doesn't drive an economy, production does.

It is a FACT that NOTHING has ever been consumed before it's been produced.

TSA groper? Pilot of killer drones?

reedr3v's picture

Torturer? These are all the worst of the worst,

but sadly people have been soulless mercenaries in both good times and bad.

Revealing article on the reality of JOBS issue

I hope people such as this - including the guy training the Chinese to do his job in Freeport, Illinois because Bain is shipping the factory overseas - have a chance to bring their stories to the presidential debates. (http://www.huffingtonpost.com/2012/07/16/mitt-romney-freepor...)
Also the families of those who have committed suicide, like the 41-year old computer programmer.

In case you missed this posted a while back here at the DP, you MUST SEE this clip of General Motors CEO addressing the Chinese - GM being one of the companies that were bailed out. AND FOR THIS? Send this to everyone you know! http://www.youtube.com/watch?v=Lvl5Gan69Wo&feature=player_em...

P.S. Paul Ryan voted for the bailout.

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir

Maybe Sensata wouldn't have to relocate

if Illinois didn't have the 4th largest state corporate income tax rate in the country. Illinois increased it's corporate income tax from 7.3% to the current rate in January 2011. The Illinois corporate income tax is actually two separate taxes, one at 7% and a second stacked tax rate of 2.5%.

If one wanted to blame the

If one wanted to blame the move on taxes then I would suggest focusing on the Federal Corporate Tax rate of around 35%, and not the Illinois tax rate(s) of a combined 9.5%. Since the Federal Tax rate effects companies in any of the fifty states, it would be more substantiated to blame the Federal Tax Rate then the State tax Rate as a reason to outsource the jobs to China.

However, I contend that the shipping of jobs to China has more to do with the fact that the Chinese work for approximately $2 per 16hr day, then the move had to do with taxes -either Federal or State. The reason I believe this is because the article didn't mention that the HQ -and therefore the entire company- was moving to China; the article piece only stated that the manufacturing jobs were being shipped to China.

If the Company HQ is still in operation here in the states then the tax is still incurred here in the states, because the plant in China isn't directly selling anything -the HQ is selling the products so any profit or gain would be attributed and accrued here in the states and therefore taxable by the Federal and State tax collectors. Therefore -if in fact the company HQ is staying in the states- then the only variable which changes for the positive -in the businesses eyes- is the pay and benefits of the employees; which drops significantly.

While true the Federal tax rate of corporations is 35%

I'm sure there's plenty of loop holes built in the Federal Tax code than there are in the Illinois'. I mean if Caterpillar decided not to set up shop in Illinois after the tax rate increase, that must be pretty telling. Still, thank you for pointing out my discrepancy as well as providing more information.

Good point, but maybe there's some place closer than CHINA

with a more business-friendly environment, i.e., somewhere in the United States of America among the other 46. I'm sure that many of the employees (with no other options) would have been willing to re-locate. Regardless, it would still be American jobs. And such shifts among states create an incentive for states to lower their corporate taxes.

When we try to pick out anything by itself, we find it hitched to everything else in the Universe.
~ John Muir