How can a president create jobs?

A study in subtlety - Rupert Murdoch style. Better read on, because what you don't know could kill you!

Nasdaq OMX's Bob Greifeld

Nasdaq CEO Bob Greifeld illustrating what we hopes to accomplish by combining his camera with Twitter.

Yep. Another post based on something I saw in the WSJ. (Wealth Stealing Jerks.) Why do I keep looking at that rag, now owned by the honorable likes of Rupert Murdoch and News Corp? Oh yeah. I know. I really enjoy their “We Hate Obama’s Fucking Guts” section, or what they coyly call the “opinion”‘ pages.

Inside the paper the other day, it said something like, “Dear Mr. President: Private Ideas on How to Create Jobs.”

This is something I’ve been very curious about, so I decided to turn to that page and have the mysteries of life explained to me by the WSJ. I prepared myself to be amazed and astounded.

What did I find?

A picture of Bob Greifeld, the CEO of NASDAQ. And what was his advice to Obama? “U.S. companies need the ability to recruit the best workers. … We must increase the number of H-1B visas available and reform the employment-based green card process.”

Holy fucking shit! That’s pure genius!

Ladies and gentlemen, the President of the United States:

Obama: My jobs plan is simple. What we need is more foreigners taking the few jobs that already exist in our country.

Can you imagine a president taking this advice? Then standing up and saying something along these lines? Talk about an express ticket to his own unemployment. You don’t just take a shit on the majority of the population and get happily re-elected.

I’m sure Mr. Greifeld has a point. He sees the recession and unemployment as a function of a lack of skilled workers. Workers that the United States is not producing in sufficient quantities. Perhaps we have a problem with our education system and the number of our young people that are able to access higher education?

I only have a United States education, but I fail to see how Mr. Greifeld’s response addresses the original question, namely: How to create jobs?

I did learn one thing from the WSJ. Obama would be unwise to rely on their advice.

So, what do you think are the things a president can actually do to create jobs? What can be done that is reasonably within the auspices of that office, and what could be effective? Is the solution really supposed to come from the president or should it originate somewhere else?

It seems to me that these are no small questions and how well they are answered will likely determine our leader for the next four years.

One last thing. I know the H-1B visa program is for “skilled” workers, but how have American companies treated other guest workers? Let’s find out.

14 responses

  1. Wow, who knew? Slave labor.

    1. The thing with Hershey really blows my mind. It decidedly does not, however, surprise me in the least.

      Too often the name of the game seems to be profits at the expense of anything you can get away with. It makes me sick.

      I’ll be honest. I was already boycotting Hershey before I heard about this worker exploitation. The company has been accused of not being “fair trade.” There are allegations that the company uses cocoa beans harvested in places like Ghana and Ivory Coast in Africa with underage and exploited workers.

      It’s hard to imagine Hershey pulling anything like that, right?

      Hershey’s first response to this story in the video above was basically (paraphrased by yours truly), “We’re shocked by this. We had no idea what was going on. That plant is owned and operated by Excel, our contractor. We had no idea, laws yes.”

      Bullshit. It’s how the game gets played. Our old friend plausible deniability makes his presence known once again.

    1. And this:
      http://www.bizjournals.com/phoenix/morning_call/2011/09/ge-ceo-immelt-creates-contradictions.html

      This makes me FURIOUS!!!!!!!!! What a fiction that this president cares about jobs when his jobs chief does this!
      http://kucinich.house.gov/News/DocumentSingle.aspx?DocumentID=257404

      Washington, Aug 26 – Congressman Dennis Kucinich (D-OH) wrote to Jeffrey Immelt, C.E.O. of General Electric, who also heads President Obama’s Council on Jobs and Competitiveness, requesting more information about GE’s apparent transfer of technology to China that was originally derived from U.S. taxpayer-funded research. A report in Monday’s Washington Post described the transfer of a virtual reality display system for airplane cockpits that G.E. is transferring to the Chinese as part of its joint venture with a Chinese state-owned company. The article states that this is “one of several” technologies that GE has passed on to China. Kucinich issued an earlier statement calling for Immelt to either resign or be removed from the President’s Council on Jobs and Competitiveness, citing Immelt’s conflict of interest, promoting jobs in China instead of the U.S.

      1. What Hershey did is a travesty and completely horrendous. I was going to use “hit the Hershey Highway”, but that didn’t sound right. I’ve given up candy, so I’m already boycotting Hershey, but I suggest that everyone do the same, particularly now that we’re heading into Halloween candy buying season.

        I would like to talk about this situation, too. (See link below) No jobs were lost in Seattle with the creation of this plant in S.C. Boeing has always built plants throughout the country. (My father worked for Boeing.) Boeing should be applauded for keeping jobs in this country instead of being harassed by the administration. Boeing could easily send these jobs out of the country. One of my brothers travels the world installing machines to build airplane parts, including Scotland, Germany, France and Japan. Those countries would be happy to take more jobs from U.S. workers.

        http://www.bloomberg.com/news/2011-05-10/south-carolina-governor-seeks-obama-action-on-nlrb-s-boeing-case.html

      2. As I reported on the blog a long time ago, China desperately wants to make their own airplanes so they don’t have to rely on companies in the United States. It seems we are only good enough to be their primary means of financial success but otherwise not to be trusted. I have to admit, that’s the classic business/customer relationship I love so much.

        Yeah, the jobs chief and CEO of GE seems like a swell guy. I heard he’s shifted 20 percent of GE jobs from the US to China.

        I know this is an issue that Kucinich bird dogs. I thank him for that.

    2. Wow. How does a company get a $535 million loan and fail in less than two years. That takes a lot of freaking skills. As I often say, I could have probably done that job just as well and for a lot less.

      Let me guess. The money has been absconded with and will never fully be repaid, right?

  2. That video is incredible. Thank you. I also wonder about the foreign workers at resorts and such.

    1. I guess the moral of the story is why treat human beings with dignity and respect when there is money to be made? And we’re supposed to believe that the private sector is somehow able to police itself?

  3. Catherine, I think we all know where the Hershey highway leads, right? Based on the behavior of The Hershey Company, the largest candy maker in the United States, I think that vivid description is very apt.

    I don’t totally understand the Boeing thing. It seems complicated. I do know that companies like McDonalds have done things like raze a store location to the ground rather than see a union get a foothold, then open a new location right across the street. How are the “rights” of the workers ever going to have much of a chance in the light of such tactics? Minimum wage pockets can’t beat corporation deep pockets.

    Like I said, the Boeing thing sounds complicated. They are to be commended for their efforts to keep jobs in the United States. At the same time, they have to remain competitive and be able to sell their product, otherwise there won’t be jobs for anyone. If they decided to add production in another state I’m not sure I see the issue. If, however, they move production to another state, in order to eliminate union jobs and add non-union jobs, I can see why some might take exception to tactics like that. The more honorable thing to do would be work it out with the work force you’ve already got. In the light of recession and unemployment, the union in Washington may just have to eat a few concessions. Sometimes the membership will vote to cut off its nose in spite of its face.

    I know that I’ve eat about 90% of concessions in my life since 2001. It’s not fun. But it’s better than having absolutely nothing, I guess. No one likes being forced to make reductions, but it is better than burning the whole house down.

    1. Since I come from a long-time Boeing family, so I have my own “unbiased” viewpoint, but Boeing has always built plants throughout the country. My father worked at many of them. So opening a plant in South Carolina is part of its long-time long-term philosophy. No one lost any jobs in the Seattle area. Jobs in the airplane business are good jobs, and it would be a shame to lose them to another country.

      GE’s Immelt is helping to drive jobs out of the country by helping our competition, as are some of the unions. We are being hammered at both ends.
      Obama’s Crony Capitalism
      http://reason.com/archives/2011/09/09/obamas-crony-capitalism

      The longshoremen in the Washington area are showing why many companies don’t want to deal with Unions.

      This occurred at International Longshore and Warehouse Union (ILWU Local 21)
      617 — 14th Avenue
      Longview, WA 98632
      Dan Coffman, President

      Original video: http://www.youtube.com/watch?v=bzoMNgDMELo

      “Hundreds of Longshoremen stormed the Port of Longview early Thursday, overpowered and held security guards, damaged railroad cars, and dumped grain that is the center of a labor dispute, said Longview Police Chief Jim Duscha.

      Six guards were held hostage for a couple of hours after 500 or more Longshoremen broke down gates about 4:30 a.m. and smashed windows in the guard shack, he said.

      No one was hurt, and nobody has been arrested. Most of the protesters returned to their union hall after cutting brake lines and spilling grain from car at the EGT terminal, Duscha said.

      The International Longshore and Warehouse Union believes it has the right to work at the facility, but the company has hired a contractor that’s staffing a workforce of other union laborers.”

      I wish I had the answer, but I don’t, other than to assume that no one in government or big business has your back.

      1. Not everyone can adjust to a 90% lifestyle and value adjustment as well as me. Perhaps it is too bad that I make it look so easy. Hell, some people get downright feisty. Sooner or later, though, something has got to give. Systems tend to equalize. Then the pendulum beings its long swing – again.

        Hell, that guy is about as mature as I am. And no, that was not a compliment. :)

        One of my dad’s jobs when I was growing up was field rep for the Union. He always carried a gun under the driver’s seat. And, for some reason, he always thought “cocksucker” was the end all be all in the realm of insults, which always struck me as highly illogical.

        Thanks for the video!

  4. The Beloved works in higher education policy and the “skills gap” is a big buzzword. And it’s ridiculous. The number of skilled workers that have been laid-off in the US is staggering and to think that there aren’t enough to fill any new position 10x over is plain wrong.

    So why is big business promoting this idea? Because they can hire imported labor — even highly trained PhDs and MDs — cheaper. A lot cheaper.

    And so by adding more to the pot, the corporations will get either a) cheap foreign workers, or b) desperate American workers that will accept a job for a lot less than ever before.

    WIN-WIN!

    1. Exactly. I was going to touch on that but I knew someone highly intelligent would show up and bring it to the table. You think someone fresh from places like India, Mexico or China is going to demand the same rate of pay as American workers? Do you think the extra bonus threat of deportation might be a factor?

      So American business is saying, “We don’t want American workers.” They’ve been saying that for decades.

Bringeth forth thy pith and vinegar

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