Macy’s Closing 68 Stores & Cutting 10,000 Jobs

MAYBE IT WASN’T A SMART IDEA TO STOP SELLING TRUMP BRAND MERCHANDISE

According to reports, Macy’s will be closing 68 stores and eliminating 10,000 jobs between now and mid-2017. The announcement was issued alongside an unfavorable earnings report, showing comparable store sales dipped 2.1% last quarter. This will leave only about 660 stores open in the United States. Obviously, the trend is to do on-line selling and will continue to be that way going forward. One has to wonder how much revenue was lost in the wake of the Macy’s decision to no longer carry Trump products. Seeing the outcome of the 2016 presidential election, one might call Macy’s business decision a “HUGE” mistake.

JMD MACYs CLOSING 002

After seeing sales drop during the holidays, Macy’s said Wednesday it has either closed or will shutter 68 stores and cut an additional 6,200 positions at a time when shoppers are going online to buy everything from scarves to lipstick.

Of the 68 stores out of 730 in total, nine closings had been previously announced and three locations have already shut down. But the retail giant revealed the locations of the remaining 59 stores, which will be shuttered by the middle of this year and affect 3,900 employees, some of whom may be offered jobs at other locations.

Some of the stores are relatively new to the chain. The Macy’s store in the Eastland center in Columbus, Ohio, opened in 2006, and has 73 employees. Some, however, are historic or have been around for decades. Macy’s said it will shutter its store in downtown Minneapolis opened in 1902, where it has 280 employees.

Additionally the retail giant says that it will be cutting “layers of management” at its central operations, and paring the number of managers supporting stores, making up the bulk of 6,200 jobs that will be lost.

Tesla & Panasonic to Make Solar Cells in Buffalo, New York … JOBS, JOBS, JOBS!!!

MAKING AMERICA AND UPSTATE NEW YORK GREAT AGAIN …

If Democrat strong-hold states like New York become areas for job growth under a Donald Trump presidency, look out. According to Yahoo News,  Japanese electronics company Panasonic and U.S. electric car maker Tesla plan to begin production of solar cells at a factory in Buffalo, New York. Its all about jobs, jobs, jobs and putting America back to work again.

Making America Great Again

The two companies said they finalized an agreement calling for Tokyo-based Panasonic to pay capital costs for the manufacturing. Palo Alto, California-based Tesla made a “long-term purchase commitment” to Panasonic.

Their statement gave no financial figures.

The factory in Buffalo is under development by SolarCity Corp., a San Mateo, California-based solar panel company owned by Tesla. The photovoltaic cells and modules will be used in solar panels for non-solar roof products and solar glass tile roofs that Tesla plans to begin making, the announcement said.

Production is due to begin in mid-2017. Tesla said it will create 1,400 jobs in Buffalo, 500 in manufacturing and plans further expansion in Buffalo.

Panasonic also is to work with Tesla on next-generation technology, the companies said.

New York state has committed $750 million to build and outfit the plant at Buffalo’s RiverBend site, the centerpiece of Democratic Gov. Andrew Cuomo’s “Buffalo Billion” program to revitalize the upstate region’s largest city.

SolarCity has committed to investing $5 billion over 10 years in New York state, hiring almost 1,500 workers at the Buffalo plant for five years and employing at least 2,000 more people across New York in exchange for use of the state-owned plant.

Posted December 27, 2016 by
Economy, Jobs, PT/FT Jobs | no comments

Barack Obama Eating Crow Over Donald Trump Carrier Deal … Obama Previously Mocked Trump, “Well, how — what — how exactly are you going to negotiate that? What magic wand do you have?” (VIDEO)

AMERICA, THIS IS THE DIFFERENCE BETWEEN A DO NOTHING FAILURE PRESIDENT AND ONE THAT DOES WHAT HE SAYS

Barack Obama and Democrats are eating some major league crow after president-elect Donald Trump came true on his election promise to help keep Carrier and nearly one thousand American jobs from going to Mexico. FLASHBACK … it was not that long ago that Obama was asked about, then GOP presidential candidate Trump, the promise to help Carrier workers keep their jobs at a Town Hall meeting. Obama was quick to be sarcastic and mock Trump. Guess what Obama, Trump does have a magic wand after all. Its called knowing business and the art of the deal. Obama has nothing but egg on his face as Trump came through on his promise. This is my Obama was an epic failure and Trump is already a success.

“ … when somebody says, like the person you just mentioned who I’m not going to advertise for, that he’s going to bring all these jobs back, well how exactly are you going to do that? What are you going to do?”

“There’s — there’s no answer to it,” Obama said.

“He just says, ‘Well, I’m going to negotiate a better deal.’ Well, how — what — how exactly are you going to negotiate that? What magic wand do you have? And usually, the answer is he doesn’t have an answer,” he continued.

Now we have Democrats whining that jobs were saved over a $7 million tax incentive. Seriously, $7 million? After Obama wasted billions of dollars on a BS stimulus plan? In the grand scheme of things, $7 million to save 1000 jobs is quite an accomplishment. See Obama’s failed porkulous plan and his cash give aways to Solyndra and the other failed green energy companies to see what a bad deal looks like.  Keep hating on deals like this Democrats, the American workers, many of these folks union employees, are very thankful to Trump and will vote for him again. Unlike how Obama did nothing and allowed these companies and the jobs to leave for third world countries. Note to Democrats, this is what Making America Great Again looks like.

Gallup CEO Jim Clifton … The Official Obama 5.6% Unemployment Rate Amounts to a Big Lie … Tells CNBC He Might “Suddenly Disappear” for Telling the Truth About Unemployment Lie

Well, if Gallup CEO suddenly disappears we will know why …

Gallup CEO Jim Clifton says during an interview with CNBC that he is worried he might “suddenly disappear” and not make it home that evening if he disputed the accuracy of what the U.S. government is reporting as unemployed Americans. How sad is it that many would not put it past the Obama administration to actually retaliate against an American citizen for speaking the truth?

The CNBC interview came one day after Clifton had penned a gutsy opinion piece on Gallup’s web site, defiantly calling the government’s 5.6 percent unemployment figure “The Big Lie” in the article’s headline. His appearance on CNBC was apparently to walk back the “lie” part of the title and reframe the jobs data as just hopelessly deceptive.

Clifton stated the following on CNBC:

“I think that the number that comes out of BLS [Bureau of Labor Statistics] and the Department of Labor is very, very accurate. I need to make that very, very clear so that I don’t suddenly disappear. I need to make it home tonight.”

But after making that opening comment in case he suddenly goes missing, Jim Clifton went on to eviscerate the legitimacy of the cheerful spin given to the unemployment data by the Obama White House and liberal MSMS, stating to CNBC viewers that the percent of full time jobs in this country as a percent of the adult population “is the worst it’s been in 30 years.” Otherwise known as Obama’s Big Lie. Then again, hasn’t the entire Barack Obama presidency been one big lie and scandal after another?

Gallup CEO: 13 Million Jobs Lost – Only 3 Million Created Under Obama

Jim Clifton, Gallup CEO – The Big Lie: 5.6% Unemployment:

Here’s something that many Americans — including some of the smartest and most educated among us — don’t know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we’re hearing much celebrating from the media, the White House and Wall Street about how unemployment is “down” to 5.6%. The cheer-leading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.

None of them will tell you this: If you, a family member or anyone is unemployed and has subsequently given up on finding a job — if you are so hopelessly out of work that you’ve stopped looking over the past four weeks — the Department of Labor doesn’t count you as unemployed. That’s right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news — currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren’t throwing parties to toast “falling” unemployment.

Unemployment_The Big Lie1

Unemployment_The Big Lie2

There’s another reason why the official rate is misleading. Say you’re an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 — maybe someone pays you to mow their lawn — you’re not officially counted as unemployed in the much-reported 5.6%. Few Americans know this.

Yet another figure of importance that doesn’t get much press: those working part time but wanting full-time work. If you have a degree in chemistry or math and are working 10 hours part time because it is all you can find — in other words, you are severely underemployed — the government doesn’t count you in the 5.6%. Few Americans know this.

There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.

Obama Just Doesn’t Care What Americans Think, He is That Out of Touch … President Barack Obama Says That He & Team Obama Did Not Succeed in Effectively Selling His Policies

Barack Obama, the American people just don’t know the good things I have done for them …

In an interview this weekend with Bob Schieffer on CBS’s ‘Face the Nation,’ Barack Hussein Obama said that he took responsibility for the disastrous midterm election loses by Democrats last Tuesday and the “Buck stops with him”. Well kinda, there will be no confusing Obama with Harry S. Truman as a leader taking responsibility for his actions, policies and agenda. As reported at the NY Times Obama said, “that he and his White House team had not succeeded in effectively selling the benefits of his policies to the American people.” HUH? Then the out of touch Obama said, “It’s not enough just to build a better mousetrap, We’ve got to sell it.” WHAT? Barack Obama has yet to lead as president during his previous 6 years, all he has done is campaign and try to sell his snake oil. This fool actually believes his policies are good and the American people are just too stupid to realize their benefits, because he and Team Obama have not properly bull-shitted them. UNREAL. This president actually thinks his policies are good for Americans, even though all the signs show otherwise. As former Florida House Rep. Allen West  said back in 2012, “Barack Obama is serving America a crap sandwich with a smile on his face … But it’s still a crap sandwich.”

Obama_snake oil

Just days after his party was routed in the midterm elections, President Obama said that he and his White House team had not succeeded in effectively selling the benefits of his policies to the American people, calling it a “failure of politics” that he must change in the final two years of his presidency.

“It’s not enough just to build a better mousetrap,” Mr. Obama said in an interview that was taped Friday at the White House and broadcast Sunday on the 60th anniversary of CBS’s “Face the Nation” program. “People don’t automatically come beating to your door. We’ve got to sell it. We’ve got to reach out to the other side and, where possible, persuade.”

Mr. Obama acknowledged bluntly that “we got beat” in the elections on Tuesday and said that the Democratic losses prompted him to have a “gut check” about what he needed to do differently. But as he has in the past, the president defended the merits of his administration’s policies, blaming the election results on a poor communications effort in the White House.

“There are times, there’s no doubt about it, where, you know I think we have not been successful in going out there and letting people know what it is that we’re trying to do and why this is the right direction,” Mr. Obama said.

Discussion of the 2014 midterm “ass-whuppin” begins at 3:52.

CBS – Face the Nation Transcript: [SM editors notes in blue]

BOB SCHIEFFER: I want to get back to foreign policy but I also want to ask you about what happened on Tuesday.

PRESIDENT BARACK OBAMA: We got beaten.

BOB SCHIEFFER: Yeah. Harry Truman once famously said if you want a friend in Washington, get a dog.  [Where is Bo these days?] And I thought of that when I heard the chief of staff of the Democratic leader of the Senate, Harry Reid say and this is his quote, “The President’s approval rating is basically forty percent. What else more is there to say?” He’s basically saying it was your fault. Do you feel it was your fault?

PRESIDENT BARACK OBAMA: Well, look, another saying of Harry Truman’s was, the buck stops with me. With me, the buck stops right here at my desk. And so whenever, as the head of the party, it doesn’t do well, I’ve got to take responsibility for it. The message that I took from this election and we’ve seen this in a number of elections, successive elections, is people want to see this city work. [So the message Obama took is that people want to see DC to work, that is why they soundly rejected Democrats, the GOP gained more House seats, won what will be a net 9 US Senate seats in gaining control and governorships in states like Mass, Illinois and Delaware? So in order for Washington to work the people said we want GOP control and policies.]  And they feel as if it’s not working. The economy has improved significantly. [Really the economy has improved? A record number of Americans are on food stamps, the job participation rate is at an all-time low and Americans who had lost their well-paying full time jobs have replaced them with part time and ones paying much, much less. Sorry Barack, Americans know the economy is not better.]  There’s no doubt about it. We had a jobs report for October that showed that once again over two hundred thousand jobs created. [Tell some one now making $15 an hour when they previously made $30 that their new job is fantastic].  We’ve now created more than ten million. The unemployment rate has come down faster than we could have anticipated. Just to give you some perspective, Bob, we’ve created more jobs in the United States than every other advanced economy combined since I came into office. And so we’re making progress but people still feel like their wages haven’t gone up, their incomes haven’t gone up, still hard to save for retirement, still hard to send a kid to college. And then they see Washington gridlocked and they’re frustrated. And, you know, they know one person in Washington and that’s the President of the United States. So I’ve got to make this city work better for them. [No, you and your socialist policies need to get out of the way for the US economy to flourish.]

BOB SCHIEFFER: But is it what you thought it would be?

PRESIDENT BARACK OBAMA: You know, here– here is one thing that I will say that campaigning and governance are two different things. I’ve ran two successful campaigns. [No, you rode to victory in 2008 on the myth that you were a different kind of politician and were aided by an all too willing MSM that refused to vet you. Then in 2012, you stole the election visa-vie the IRS attacking conservative non-profit groups. Then there are the numeous scandals like Benghazi-gate where the Obama administration purposely lied to the American people as to what happened prior to the 2012 presidential election].  And anybody who has seen me on the campaign trail can tell how much I love just being with the American people. And hearing what they care about and what– you know how passionate I am about trying to help them. When you start governing, there is a tendency sometimes for me to start thinking. As long as I get the policy right then that’s what should matter. And, you know, people have asked, you know, what you need to do differently going forward and I think you do that, you got to check after every election.

BOB SCHIEFFER: What do you need to do differently?

PRESIDENT BARACK OBAMA: And I think that one thing that I do need to constantly remind myself and my team are is it’s not enough just to build the better mousetrap. [What a fitting term, mousetraps kill things.] People don’t automatically come beating to your door. We’ve got to sell it, we’ve got to reach out to the other side and where possible persuade. And I think there are times, there’s no doubt about it where, you know, I think we have not been successful in going out there and letting people know what it is that we are trying to do and why this is the right direction. So there– there is a failure of politics there that we have got– we got to improve on. [How long have they had to sell Obamacare, the Obama economy and his agenda? What do they need, another 20 years? They people do not need to be sold anything, they experience it every day.]

BOB SCHIEFFER: What criticisms of your administration do you think are valid?

PRESIDENT BARACK OBAMA: Well, I just mentioned one. I think that what is also true is that, you know, no matter how frustrating it can sometimes be for any President to deal with an opposition that has, yeah, pretty stubborn, and where there are really strong differences, you just got to keep on trying. [Code for, I just following the teachings of Saul Alinsky and double down on my failed, hated policies].

The folks at ‘This is Spinal Tap’ weigh in on the Obama presidency … The review on Shark sandwich is pretty much the same as the one for the Obama agenda, and yes, they can say that.

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