I can't wait until everyone's unemplyment benefits run out!

The most ridicules thing about recessions is how hard it is to hire people. You would think it would be easy with so many people out of work. Why would they come work for me when unemployment is giving them $400 a week to stay home and go to the beach all summer. My own girlfriend is out of work and has no intention of looking for a job until her unemployment runs out.

It is possible to persuade people to work if you offer a premium salary. The people who would normally get $10 /hr, now want $17/hr to work.

As soon as unemployment benefits run out, which we should start to see around December 2009, people will start going back to work for $10 and hour. The increase in labor productivity will sustain the recovery. I just hope that the government does not interfere and extend unemployment benefits. The longer unemployment runs, the longer it will take to get the economy back on track.

BTW, my opinion of the recovery so far is that it has only been fueled by inflationary money printing. Not that I would have done anything different. The world wide effect of the engineered recession has caused other governments to print even more money then the the US. Economics is relative, you only have to do better then everyone else.

You all know the story of the two brothers and the tiger right... A tiger is chasing two brothers and one stops to put on a pair of sneakers. The other brother asks, "Do you really think the sneakers are going to help you outrun the tiger?". His brother answers, " I don't need to outrun the tiger. I only need to outrun YOU".