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Vending Machine Jobs

© Matt Wuerker

We’re doing everything the Republicans said we should do to create jobs. We cut taxes on the rich to the lowest they have been in 60 years, we reduced government spending, corporate profits are up. So where are the jobs?



  1. No u wrote:

    It’s actually kinda surprising that the republicans wont budge even the slightest of bits on taxes on the rich. Fuck 1% isnt going to kill anyone, but whatever.

    Overall, it is silly for either side to think businesses are just going to start hiring again. 2-3 years ago they were suffering, unlike the american people, they dont forget about things in a few weeks. It’s going to take awhile for businesses to get the confidence in the economy to hire people again

    Sunday, July 10, 2011 at 6:41 am | Permalink
  2. Anonymous wrote:

    No demand, no reason to hire. I’ll go out on a limb here, the jobs are were workers are easily exploted or where they have a national health care plan.

    Sunday, July 10, 2011 at 9:04 am | Permalink
  3. TENTHIRTYTWO wrote:

    If record corporate profits aren’t enough to instill company confidence, what will be? How rich do we need to make companies before they will begin hiring again?

    The market is definitely stable and roaring, though it may drop down again if they don’t get the debt ceiling in order.

    My opinion on the real problem is that less and less U.S. workers are directly tied to corporate profits. Profits are either being made using foreign labor via outsourcing or through financial investments/funds which don’t add any real value to the labor market.

    Sunday, July 10, 2011 at 12:57 pm | Permalink
  4. Michael wrote:

    Oh, there’s plenty of hiring…just not in the U.S. For a very depressing take on it, check out this article. The argument is rather convincing and doesn’t really seem like cynicism. The crux is this: While 19th Century robber barons depended on U.S. workers to run the factories and to buy the goods produced, the modern investor class needs neither. They open a factory in China to sell goods to India. The elites no longer need American workers or consumers, except to serve them meals at fine restaurants.

    Sunday, July 10, 2011 at 6:44 pm | Permalink
  5. Arthanyel wrote:

    Higher corporate taxes (to a point) incentivize spending on internal growth more than low taxes. Taxes are levied on profits, which are calculated after expenses are subtracted. If a company has a choice between giving money to Uncle Sam or hiring new workers with it, they will hire. If, however, taxes are low then profits increase and the choice is between spending the profit on hiring or giving the executives and rich shareholders a big pile if cash.

    Guess which way THAT decision goes.

    Sunday, July 10, 2011 at 7:03 pm | Permalink
  6. Barb wrote:

    The comic is more accurate than one would think but not the caption so much but it has relevance.

    Technological unemployment is what it is showing in the comic. Jobs are going away planet wide and never coming back.

    Investigate that we are at the end of the money system and at the beginning of a resource based economy.

    Watch this.

    Thank you for reading this and considering we are moving to stage one society out of stage 0.

    Saturday, July 16, 2011 at 5:49 pm | Permalink