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I have yet to hear one person say the recovery is "great" but it certainly is an improvement from the days when Gomer had us losing 750,000 jobs a month. We`re still waiting for a GOP jobs bill that can be taken seriously.
Five years in, and you're still blaming Bush. Five years in, and jobs are still being shed. Five years in, and things are much worse.
Since things aren't improving, why don't we get one of those "wacky" jobs bills passed and see what happens. Can't hurt.
I'm personally still waiting for the Dems to pass a budget.
There is little anyone can do to "fix" the employment situation. This is the end result of NAFTA and allowing China "most favored nation" trading status. We exported 3% of our direct GDP to China since 2000 and the multiplier is more like 8 to 10%. If you look at our trade status with Mexico it is another 1 to 2% of direct GDP with a multiplier in the 4 to 5% range.
What happens when you remove 15% of GDP from a nations economy?
This has been "the plan" since the 1980's. Instead of growth in national output we substituted growth in debt. We have been living on our credit cards for 30 years and encouraging production of wealth to leave.
Has President Obama made it worse? Yes. He added an "Obama care" tax on business at the worst possible time. He is making energy more expensive increasing costs on all business.
"As you can see, the most likely outcome for someone unemployed in May was to continue being unemployed in June. The second-most-likely outcome was to drop out of the labor force entirely — that is, stop looking for work. (That’s part of the reason that today’s labor force participation rate is so low, although the biggest flow into the “not in labor force” category still comes from people who are leaving jobs rather than giving up a fruitless job hunt.)
Finally, the third-most-likely outcome was to find a job. Over all, fewer than one in five people who were unemployed in May were employed in June."
There never has been a job market recovery, or any other economic "recovery". It is all smoke and mirrors to make people think things are getting better. If you repeat the same lie over and over, people are going to start believing you and hoping it is true. The mainstream media could run a story on how pigs are flying over the White House and people would believe it.
What we have had instead of a real recovery are asset bubbles pumped up by the Fed to make people feel richer through the wealth effect (home prices pumped up, stocks up, etc) through the creation of endless cheap money. It can be likened to someone who is down and out, no job, no money, etc being given a limitless credit card. Sure, while you have that limitless credit card, things are going to appear great. You can buy anything you want and live any form of life you want. But when the credit card is taken away, and you fail to change any of your underlying fundamentals, well things will resort back to the original state of being. We have not changed any of the fundamentals. We have only glossed over everything with the Fed's bond buying (money "printing").
I have yet to hear one person say the recovery is "great" but it certainly is an improvement from the days when Gomer had us losing 750,000 jobs a month. We`re still waiting for a GOP jobs bill that can be taken seriously.
The economy stopped crashing long before Obama spend a dam dime Maybe you should return to elemetary school and learn a little bit about economic cycles.
Every week in June, around 350,000 new people filed for unemployment. During the whole month 192,000 new jobs were created. In what universe is that an improvement?
lot of jobs, people just dont want to work them. the state fair is coming here at the end of the month and there is a giant corn field employing people less than 5 miles from where i work. nobody but hispanics are working there, and the pay is 10 bucks an hour.
whites see that type of work as beneath them and would rather milk the system or sit in mom and dads basement playing xbox then work in the fields.
thats one of the reasons why i dont care about this immigration bs and the myth that these people will take jobs away. these people have a better work ethic, more dependable and more reliable then your average american worker.
You seem obsessed with the illegal immigration issue which at best represents a mere 2% of the population a number that is probably consistent with any country in the world.Its actually not the big deal you and the rightwing media make it out to be,its basically an artificial news story thats nothing more than a tempest in a teapot., if you are so concerned get out there and take a job away from an illegal You could look at it as your patriotic duty to be picking produce in a field all day or cleaning toilets.
As for not having a clue? if your hateful little rightie diatribe represents the clue i'll pass on having your kind of clue
2%???? Illegals are having 8% of the births -- virtually non paid for by the illegal.
How many millions of Americans are unemployed while 11 to 30 million illegals are living the good life.
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Maybe you should return to elemetary school and learn a little bit about economic cycles.
