I'll Bet Private Sector Hiring Explodes Over The Next Six Months

[stopbush]

American businesses are sitting on trillions in cash, cash that they have not put into hiring, because they wanted to keep the unemployment number high in hopes it would sink President Obama. I think their strategy was to hold back (if at all possible) until Rmoney won, at which point they would unleash the $ and hire like crazy. They'd aver that Rmoney's election "gave us confidence," and the new hires would help the economy, while the economy helped the job market, and while the two fed on each other, leading to a huge surge in the economy that they could credit Rmoney with creating.

This is what Bubba was talking about when he said last week that Rmoney was running to be in a position to take credit for Obama's improving economy.

But there is a pent up demand for new hires. The consumer market is moving up as are housing starts. Businesses HAVE to hire. They can't hold back for another 4 years. They can't even hold back for another 2 years. They were hoping that it would all time out to their advantage, reinforcing their BS that Obama was bad for business and that Rmoney was good for business. "Look how hiring has boomed just from Rmoney being elected," they would have said.

But it didn't work out that way. If they hold back on hiring now, they only hurt their businesses.

So, fuck them. Their Rovian plan failed. And now, they're going to have to make those hires, which will serve to make Obama look like the REAL job creator president.

I'm loving it!

[MANative]

1. I think you're right, because I've seen...

a marked uptick in opportunities for the work that I do, which is primarily in the talent development world. Business has been abysmal for the last three years, but all of a sudden, I've got four proposals out which are getting some response. Nothing solid yet, but definite signs of light on the horizon. Employee development is one of the very first things to be cut when business goes sour, and one of the last to come back, too. When that starts to happen, it's a real sign of a solidifying recovery.

[AndyTiedye]

2. They Will Hire Lots of People...

...in China.

[Honeycombe8]

3. Depends on the fiscal curb disagreement. If taxes go up on the middle class,

there will be less expendable income. Coupled with the spending cuts that are going to be automatic, I heard several "experts" on TV say that may lead the country back into a recession.