Quote

People who say it cannot be done should not interrupt those who are doing it. Welcome to From On High.

Friday, April 15, 2011

Dream On

Somebody's in for a rude awakening.

"The latest trend you're missing out on is... typewriters?

"That's right, typewriters aren't just for famous authors and technophobes. They're everywhere nowadays, from ..."

I don't know, nor care, why typewriters are "everywhere" nowadays, unless they've become the newest trend in boat anchors.

So am I to believe that there are people out in the world who would rather type on a typewriter?

Have they lost their minds?

Habeeb Off To a Good Start

Money being everything in politics, Greg Habeeb must be feeling rather blessed right now.  From a press release:
Habeeb Reports Strong Financial Numbers Heading Into 2011 Election Cycle

Salem – Greg Habeeb, incumbent Republican candidate for Virginia’s 8th House of Delegates District, will file financial reports Friday showing he will begin the 2011 election cycle with over $38,000 cash on hand. .

Habeeb won a special election to the House of Delegates in January with 64% of the vote. Habeeb also won every precinct in the District. He announced his intention to run for reelection in an email to supporters Wednesday.

“I am humbled by the incredible amount of support the local community has offered our campaign,” said Habeeb. “When I began my campaign last November, I pledged to fight the growth of government, foster an environment for private sector job growth and stand up for conservative values. My record shows I made good on those promises and I look forward to continuing to represent the citizens of the 8th House of Delegates District.”

The financial report is due April 15 and will show all contributions to the campaign through March 31.
Let's see if the Democrats, after their last dismal showing in the special election, even put up a candidate to oppose Habeeb.

So he's off and running ...

The Ground Shifts Beneath Our Feet

Behold a shift that is taking place in this country like none ever seen before:
Working population percentage drops to three-decade low
By Ed Morrissey

Maybe we can call this Generation U — for unemployed. Three decades ago, the US experienced a dramatic shift in culture and economics as women entered the workforce in record numbers, and our economy expanded to meet the labor supply. As USA Today reports, we have now returned to the same working percentage of the population as we had at the beginning of the expansion, an astonishing decline that doesn’t appear to be slowing much:

The share of the population that is working fell to its lowest level last year since women started entering the workforce in large numbers three decades ago, a USA TODAY analysis finds.

Only 45.4% of Americans had jobs in 2010, the lowest rate since 1983 and down from a peak of 49.3% in 2000. Last year, just 66.8% of men had jobs, the lowest on record.

The bad economy, an aging population and a plateau in women working are contributing to changes that pose serious challenges for financing the nation’s social programs. [link]
The article goes on to cite the disturbing trend in which a growing number of Americans are now on the dole seeking assistance from an ever shrinking work force.  A taker-to-provider ratio that we can not sustain.

This is bad.  And getting worse.

When are we going to talk about economic development rather than whining about taxing the rich?

- - -

Add to that disaster-in-the-making this growing problem:
Teenage Wasteland: Jobless Rate For Young Is 25%—and Rising
by John Melloy, CNBC

A quarter of teenagers were jobless in March, representing a surprising increase from February, even as the unemployment rate for the rest of the population decreased.

This figure may only get worse if budget-strapped states raise the minimum wage, and it could also be a sign of greater structural damage underlying our economy, analysts said.

The unemployment rate for 16- to 19-year olds jumped back up to 24.5 percent in March, up from 23.9 percent the prior month, according to the latest jobs data from the Labor Department.

“Even when comprehending that teen employment is volatile in nature, the data that exists serves up some shock and awe,” said Brian Sozzi, a retail research analyst with Wall Street Strategies, in a note Wednesday. “If these (wage) increases do go through, the prospect for teen employment will remain grim as employers search for workers with advanced skills to fill positions.”

Twelve states, including Illinois and Pennsylvania, are considering a hike in the minimum wage. While this has been the subject of a long-running debate, many economists and analysts say raising this pay bar may cause more teen layoffs, even as it helps teens who manage to stay employed make more.

“Minimum wage increases over the past few years has definitely made it worse,” said Peter Boockvar, chief equities strategist at Miller Tabak. “In fact, there should be zero minimum wage for teenagers, or at most, something much less than the current rate.” [link]
"Made it worse" is, of course, a relative term.  In DemocratWorld, the more Americans who require government handouts, the more worthy they feel.  So high unemployment among teenagers could be viewed as a wonderful thing if those teens go on state relief.

And when we're all unemployed the Democrats will truly feel whole.