Layoffs creating the future SuperObama workforce

[w¡n9Nµ7 §£@¥€r 123]

Just at a quick glance of the headlines I see 43,000 future bulldozer operators ready to go with Obama's stimulus plan. [Jan 18: 87,000 Big Company Job Losses Already Announced in 2009; Deflation Starts to Hit Wages] Toss on the 5000 from Microsoft announced late last week, and let's call it an even 48,000.

...

On the positive side, at least some of the Caterpillar (CAT) workers will already know their way around a backhoe. Not so much for the IT guy or accountant let go at Caterpillar or the software designer at Microsoft, the scientist/researcher at Pfizer (PFE) / Wyeth (WYE), or retail associate at Sprint (S), but not to worry - 2 million... err, 2.5 million... errr, 3 million.... errr, 4 million to be put to work under SuperObama's plan. These jobs better come quick, since so many states' unemployment funds are going into the red.

I'd like to be long whatever company makes those bright orange vests that the construction guys wear ... going to be a huge bull market in that area.

http://seekingalpha.com/article/116571-at-...orkers-freed-up

[dalegg 143]

Is this what they mean by "shovel-ready"?

[luckytxn 2,264]

From what I remember from a few days ago you need to subtract the white guys from the total. Especially experienced ones.

[mRx 16]

Yep.

No new jobs can ever be created by government; They can only be diverted from the private sector. Pull from the right pocket, and put in the left pocket.

[Ban Hammer 13,346]

From what I remember from a few days ago you need to subtract the white guys from the total. Especially experienced ones.

[w¡n9Nµ7 §£@¥€r 123]

Yep.

No new jobs can ever be created by government; They can only be diverted from the private sector. Pull from the right pocket, and put in the left pocket.

So if the private sector lays a worker off, there's a problem with the government putting that worker to work on a project that has long-term positive ROI?

[mRx 16]

Yep.

No new jobs can ever be created by government; They can only be diverted from the private sector. Pull from the right pocket, and put in the left pocket.

So if the private sector lays a worker off, there's a problem with the government putting that worker to work on a project that has long-term positive ROI?

If I rob you of your money and your job, but I promise to spend it on the most noblest of causes, does that change the fact that I've just robbed you of your money and job?

These private sector workers that will be forced out of employment to make way for the stimulus have different skill sets, and are dispersed unevenly throughout the economy. They will not all be re-employed by the government. This fact helps explain the 20 percent plus unemployment enjoyed during the Great Depression. It took 19 years after the '33 peak unemployment for the economy to reach pre-crash levels, no thanks to the Workers Pissin' Around (WPA), or any other diversion of resources that FDR implemented.

It was the fact that, miraculously, the private economy was able to work it's way around the intervention Leviathan that pulled our economy out of the dumpster. For only the private sector can create wealth. Yet this fact is commonly forsaken, and cursed as the reason for prolonging it.