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Unread 01-15-2013, 01:46 PM
 
1,167 posts, read 351,866 times
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Default Long Term Unemployment at Highest Level Since WWII

Ah...yes... our Dear Marxist Leader's economic policies working wonders!!!

Long Term Unemployment at Highest Level Since WWII | The Blog on Obama: White House Dossier
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Unread 01-15-2013, 01:47 PM
 
Location: Great State of Texas
67,816 posts, read 28,377,401 times
Reputation: 15347
Both retail and government says spending is chugging along.
Where are they getting the money if so many are unemployed ?
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Unread 01-15-2013, 01:47 PM
 
Location: The better side of PA
16,446 posts, read 6,412,693 times
Reputation: 6812
Quote:
Originally Posted by Mr.XXX View Post
Long Term Unemployment at Highest Level Since WWII | The Blog on Obama: White House Dossier

Ah...yes... our Dear Marxist Leader's economic policies working wonders!!!
If he was a Marxist, we would probably have close to 0% unemployment right now. The only benefit of Marxism. Since we have 8+%.....sorry don't buy it
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Unread 01-15-2013, 02:17 PM
 
2,451 posts, read 1,029,043 times
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Quote:
Originally Posted by HappyTexan View Post
Both retail and government says spending is chugging along.
Where are they getting the money if so many are unemployed ?
Holiday retails spending is always high.

You believe the numbers from the government? If you are not collecting unemployment benefit, you are no longer count as unemployed. I tell you what, by the end of this year, if there is no more new layoff, all the people on unemployment will exhausted their benefits. No more unemployment. Hooray!!!!!
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Unread 01-15-2013, 02:20 PM
 
1,170 posts, read 463,160 times
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Quote:
Originally Posted by HappyTexan View Post
Both retail and government says spending is chugging along.
Where are they getting the money if so many are unemployed ?
What planet is this from?
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Unread 01-15-2013, 02:25 PM
 
1,597 posts, read 331,611 times
Reputation: 176
Quote:
Originally Posted by HappyTexan View Post
Both retail and government says spending is chugging along.
I think I can, I think I can.

I hope I can, I hope I can.

I wish I could, I wish I could.

I could've if I'd wanted to, I could've if I'd wanted to.

The little engine that could have.
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Unread 01-15-2013, 02:35 PM
 
Location: Dallas, TX
30,579 posts, read 10,499,386 times
Reputation: 9083
Well, it isn't surprising, since 2008-2009 recession was as close to Great Depression as we've ever been since. Has there been a time since then, that the economy lost 8.8 million private sector jobs (nearly 8% of total private sector jobs) in just two years?
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Unread 01-15-2013, 02:42 PM
 
Location: Baldock, hertfordshire, England
773 posts, read 258,920 times
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Quote:
Originally Posted by HappyTexan View Post
Both retail and government says spending is chugging along.
Where are they getting the money if so many are unemployed ?
Have you looked at the national debt recently?
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Unread 01-15-2013, 02:57 PM
 
Location: Barrington
16,105 posts, read 11,316,306 times
Reputation: 5353
Quote:
Originally Posted by EinsteinsGhost View Post
Well, it isn't surprising, since 2008-2009 recession was as close to Great Depression as we've ever been since. Has there been a time since then, that the economy lost 8.8 million private sector jobs (nearly 8% of total private sector jobs) in just two years?
Many people do not realize that the Great Depression persisted for more than 10 years and was followed by WW2. ( There were and remain conspiracy theories that FDR orchastrated the bombing of Peral Harbor to allow the U.S. to get into WW2 through the back door and did so to end the Great Depression. )

It was then necessary to impose income tax rates in excess of 90% on the highest income earners to pay off the deficits created by the Great Depression and War.

The prosperity of the 50-60's occured for a unique set of reasons that are impossible to duplicate, today.
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Unread 01-17-2013, 10:23 PM
 
13,757 posts, read 3,383,437 times
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Quote:
Originally Posted by HappyTexan View Post
Both retail and government says spending is chugging along.
Where are they getting the money if so many are unemployed ?

Millions of homeowners (including underwater) are now flush with cash from refinancing at lower rates.
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