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Number of the Week: Profits Rise, but Unemployed Ranks Don’t Shrink.

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Number of the Week: Profits Rise, but Unemployed Ranks Don’t Shrink. Empty Number of the Week: Profits Rise, but Unemployed Ranks Don’t Shrink.

Post by gettheminNOVEMBER Sat Jun 04, 2011 3:30 pm

http://blogs.wsj.com/economics/2011/06/04/number-of-the-week-profits-rise-but-unemployed-ranks-dont-shrink/?mod=e2tw

Nearly two years into the economic recovery, the U.S. has made troublingly little headway in putting people back to work. If the animal spirits needed to create jobs don’t return, the country could soon be facing a renewed crisis.

NO SHITE! MAD Frustrated Number of the Week: Profits Rise, but Unemployed Ranks Don’t Shrink. 545210 Number of the Week: Profits Rise, but Unemployed Ranks Don’t Shrink. 681285
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Post by Injeun Sat Jun 04, 2011 4:02 pm

Makes sense but I never heard of "animal spirit". Does that mean tigerish?
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Post by gettheminNOVEMBER Sat Jun 04, 2011 6:02 pm

Injeun wrote:Makes sense but I never heard of "animal spirit". Does that mean tigerish?

More like Bigfoot. Most would find him first before a job.
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Post by lendmeflight2 Sat Jun 04, 2011 7:35 pm

The profits are coming from the fact that none of these companies rehired anyone. They have realized that they can work a depleted crew to death and bank profit. This is the real issue and it goes beyond politics.
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