Worth reading:
* Why You Should Quit Your Job Now *
Yahoo Finance, Mar 28, 2013
More than 12 million Americans are jobless and 40% of these individuals have been out of work for more than six months. The U.S. economy overall may be improving but many Americans still cannot find a job. This trend will only continue in the foreseeable future says James Altucher, managing director of Formula Capital, an asset management firm. The author and venture capitalist tells The Daily Ticker’s Aaron Task that the U.S. is moving toward an “employee-less society.”
“If you’re just sitting still, shuffling paper, they’re going to fire you,” he argues. “Cubicles have become commodities. You’re like the walking dead if you have a job.”
.... “If you’re stuck in a cubicle you have a target on your back…the CEO is looking to cut you out,” he declares. “Temp staffing is sweeping the nation.”
The changing employment climate has made Altucher an advocate of employees quitting their jobs. He lists 10 reasons why workers should give their two-week notice:
1, The Middle Class Is Dead
2. You've Been Replaced
3 Corporations Don't Like You
4. Money Is Not Happiness
5. Count Right Now How Many People Can Make A Major Decision That Can Ruin Your Life
6. Is Your Job Satisfying Your Needs?
7. Your Retirement Plan Is For Sh-t
8. Excuses
9. It's OK To Take Baby Steps
10. Abundance Will Never Come From Your Job
finance.yahoo.com/blogs/daily-ticker/
why-quit-job-now-151346969.html
* Why You Should Quit Your Job Now *
Yahoo Finance, Mar 28, 2013
More than 12 million Americans are jobless and 40% of these individuals have been out of work for more than six months. The U.S. economy overall may be improving but many Americans still cannot find a job. This trend will only continue in the foreseeable future says James Altucher, managing director of Formula Capital, an asset management firm. The author and venture capitalist tells The Daily Ticker’s Aaron Task that the U.S. is moving toward an “employee-less society.”
“If you’re just sitting still, shuffling paper, they’re going to fire you,” he argues. “Cubicles have become commodities. You’re like the walking dead if you have a job.”
.... “If you’re stuck in a cubicle you have a target on your back…the CEO is looking to cut you out,” he declares. “Temp staffing is sweeping the nation.”
The changing employment climate has made Altucher an advocate of employees quitting their jobs. He lists 10 reasons why workers should give their two-week notice:
1, The Middle Class Is Dead
2. You've Been Replaced
3 Corporations Don't Like You
4. Money Is Not Happiness
5. Count Right Now How Many People Can Make A Major Decision That Can Ruin Your Life
6. Is Your Job Satisfying Your Needs?
7. Your Retirement Plan Is For Sh-t
8. Excuses
9. It's OK To Take Baby Steps
10. Abundance Will Never Come From Your Job
finance.yahoo.com/blogs/daily-ticker/
why-quit-job-now-151346969.html
Comments
I am a pro-Lab and pro-Capitalism person.
However in today's world I am looking for answers with a less than candid Obama as President I am not sure what is going on and where we are headed.
So the article is interesting and may have some truth. For example how can the stock market be up with the gov't owing 16T$ and when the artificially low interest rates (by the Fed) rise there is no way the payments can be made on the debt because it could be 50-70% of the taxes that we pay going for interest payments.
So I do wonder what the future would look like and this article could certainly be correct because at some point
(unless we get a different President who might tackle the debt issues, cronyism and unionism) the Paradigm
(and society and economic models) is definitely going to change and we might be somewhat like the above article.
I am (sincerely)trying not to be political but even a blind person can see that 8 years of Obama unconcerned about the debt may put us past the point of no return.
I am not sure what would happen to a pension under future concerns but when we pass the Rubicon and if I know anything for certain it is that we are getting there......fast....we will find out.
Option #2 is too just not look and act like everything is fine:)
We will outgrow are way out.
That said, if I worked at LANL or LLNL, I would probably find another line of work soon. For SNL, its too early to say yet if things will get as bad as you guys have it.
Under President Clinton he balanced the budget and at times we had true economic growth but President Obama does not balance the budget and seems to take pleasure (sorry) in running up the debt.
I word of advice.
Just put on the blinders and smile and pretend that the present administration is as smart as you think and as nice as you think.
March 29, 2013 at 9:19 PM
Anyone who thinks about it a little bit will realize that corporations do not pay taxes. Economics 101: Corporations have only one source of money with which to "pay" taxes: their revenue stream. So, given fixed (non-labor) costs, their choices are three: 1) reduce their profits and shareholder returns, 2) lay off workers to reduce labor expenses, thus losing productivity and market share, or 3) increase costs to customers for goods and services. What do you think is going to happen? Right, YOU wind up paying any taxes levied on corporations through increased costs. Happy now? For multinational corporations their choices are more varied and complex, but the result is the same. Corporations will go where the costs of doing business are the lowest, and the profits are the highest. If you are an investor, that's what you want them to do. PS, if you have a pension or a 401k/403b, you ARE an investor.
I pay no taxes. I just pass those costs on to my employer.
Clinton...Clinton was they worse president ever, he made America a laughing stock, and brought shame to the white house. Remember Monica? Such short memories.
However i think the vague point is that something in our economy has to give and when it does the Paradigm that we have lived with our whole lives will also have to change.
So it could look like the blog posting.
Also per, March 29, 2013 at 10:07 PM.
You make a good point however,
If you believe that 2 trillion dollars coming into our economy (from US corporations) from overseas would not be helpful
then you might want to stop buying your vodka in plastic bottles (lol).
March 30, 2013 at 11:30 AM
If you believe that giving the government 2 trillion dollars more to spend is a good idea...
The Large Corporations have some of their profits sitting overseas in investments to avoid US taxes.
If the Corporate tax rates were lowered (like Capital Gains) then the companies could bring in THEIR money and use it here...like building new buildings or more R&D for example.
So it is Corporate money but when it comes into the US and is used here it might be taxed at 10 or 20%.
So the government only gets a percentage in taxes but that wil never happen because Obama raised the Capital Gains rate I think to 25 or 30 %................
Cisco CEO on 60 minutes, good to watch.
Maybe. But the same logic could say people don't pay taxes, they just pass that cost along to their employer via the market wage scale.
Corporations have been given political rights in this society. I think they should pay part of the upkeep.
Maybe. But the same logic could say people don't pay taxes, they just pass that cost along to their employer via the market wage scale.
March 31, 2013 at 8:46 PM
You miss one very important point. People can attempt to "pass along" costs by demanding wage hikes, but will usually fail, or simply be laid off. Corporations ALWAYS succeed in passing along costs to consumers. Consumers ALWAYS pay corporate taxes. If you insist that corporations pay more taxes, you are merely insisting that consumers pay more for goods and services. It is simple market economics (which you probably don't believe in).
No we did not attack back we surrendered to the terrorists. The terrorists wanted us to give up our freedoms, our ideals, waste our economy, kill our own soldiers, divide us, and most of all make us afraid...in other words terrorize us. We obliged ten-fold and more. No matter how you look at the the terrorists won. We went to war on ourselves.
Yes Presidents have run up the debt overseas but the fact is that obama has run up the debt much more than past Presidents with 3 1/2 years to go.
Unfortunately that is a fact.
Granted it is being spent in the US and not so much overseas.
And if we are going to keep going in the "debt" direction then our country will need a miracle to keep from the inevitable pain coming.
If that miracle doesn't happen pensions will have to be on the table at some point.
I hope not.
April 2, 2013 at 1:26 PM
Unfortunately, money spent overseas is just the same as debt incurred overseas by borrowing. It's a current liability or a future one. No difference. You don't get to claim credit for spending in the US the money that you borrowed overseas.
Not only pensions. As we've recently seen in Cyprus, your bank account savings are also up for grabs once a government becomes desperate for cash, which may happen in America given our enormous and growing national debt.
Watch closely the sad events in Europe and assume that those events may occur here at some point.
Your vote for Obama will cost you much my friends and coworkers.
Don't whine about it when the bill comes due......
Hear, hear!
Wait, she said something about sleeping with the dog.
Is that what was supposed to happen?