Idiotic, Liberal, Douchebag
Anyway, in an attempt to show his complete ignorance about all things economic, AP writer Matt Gouras shows his ass.
In an article supposedly about the "crappy" economy, he turns all relevant knowledge about economics on its head.
The region hit an all-time low of 3.4 percent in May. The effects are everywhere. Logging equipment in Idaho sits idle as companies have a tough time finding workers. A shortage of lifeguards has forced Helena to shorten hours at children-only pools. A local paper in Jackson, Wyo., has page after page of help wanted ads....
The problem has created longer hours and tougher working conditions for current employees....
The problem could get worse as more baby boomers retire....
So, low unemployment is now something that is bad... except that this Stalinist dick would surely write similarly about 8% unemployment.
Want to know the deep dark secret about finding workers in a low unemployment market? Do ya? *stage whispers* Raise wages. That's right, you raise wages to attract workers. How does this work in small town America?
A quick example: Let us assume that is a shortage in loggers, an ample supply of trees to be harvested, and continued demand for wood. To attract workers the company raises the wages that it pays to loggers and subsequently increases the price of wood that it sells to consumers to cover the increased operating cost. While it is a delicate balance, if the wages are high enough, it may attract loggers who live in other locations. The increased wages may also attract local workers from other sectors (say, cashiers) to switch to a new career in logging.
To preempt this basic fact, the asshat manages to find a feckless whiner to spice up his steaming pile...
John Francis, who owns the McDonald's in Sidney, Mont., said he tried advertising in the local newspaper and even offered up to $10 an hour to compete with higher-paying oil field jobs. Yet the only calls were from other business owners upset they would have to raise wages, too. Of course, Francis' current employees also wanted a pay hike.
"I don't know what the answer is," Francis said. "There's just nobody around that wants to work."
Boo hoo hoo. Cry me a river. If this guy can't figure this out, he should retire now and let someone with some common sense run the place. Anyway, a truly insipid and stupid piece about how terrible it is that everyone has a freakin' job. Journalists are by and large a bunch of ignorant jackasses. End Rant.
Labels: Biting Analysis