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Just found out that HP, the technology super giant that employs so much of the Pacific North West has just handed out the official Pick Slip to 90% of their total workforce.
NINETY PERCENT! That's three plants in the NW SHUT DOWN. 1000s of people now unemployed.
Ironically today, Obama announced that in order to curb the economy, he's going to tax the living crap out of the 15 people left in this country STILL EMPLOYED!
Seriously folks, what the heck is going on in the minds of the people trying to SAVE and create jobs in this country?
Taxes, Fees, Penalties, Global Warming damages, etc. these expenses are SOOOO great that many of these business that MIGHT have a fighting chance in this floundering economy are having to gut themselves just to try and survive.
Only to find that the more people they lay off, the less people there are to spread the tax burden around and the MORE these businesses are charged with picking up the taxation slack!
As I pointed out some days ago, Californians are opening their IRS refund envelopes and finding a post-it note with IOU - ARNIE written on them.
Where goes California, there also goes the Country, right?
When are you going to get your check from Obama saying IOU? And for what, so that an ever expanding Government and continue to (cough) function while the private sector herds toward the government feeding trough.
Here's a novel idea, how about the Government gets a gigantic IOU from the People of this Country. Incentive based compensation.
IF you perform, THEN we pay! Make them commission based employees of the people with bonus and incentives based on how much they SAVE us and how much the economy GROWS!!!
Then HP can put these people back on the job, products will be available to people that can then afford to actually BUY something.
Because right now, HP didn't fire 1000s of employees....
They fired 1000s of CONSUMERS.
Think of all the jobs that will now be lost BECAUSE these people are no longer consuming.
By the way, if you are small garage inventor with a great technology product, HP is now buying.
Scott