Where are the "saved jobs"?; Unemployment rises to 9.4%

[cleanhouse]

Originally Posted by sanrene

In addition, he has used those "rosy scenario" numbers (that no one agrees with, btw) for his budget and deficit forecasts.

Those will have to be revised - upward.

and his followers will say "no Problem Dear leader; We are behind you!"

[walidm]

The astonishing political success of the antitax crusade has, more or less deliberately, set the United States up for a fiscal crisis. How we respond to that crisis will determine what kind of country we become.

If Grover Norquist is right -- and he has been right about a lot -- the coming crisis will allow conservatives to move the nation a long way back toward the kind of limited government we had before Franklin Roosevelt. Lack of revenue, he says, will make it possible for conservative politicians -- in the name of fiscal necessity -- to dismantle immensely popular government programs that would otherwise have been untouchable.

In Norquist's vision, America a couple of decades from now will be a place in which elderly people make up a disproportionate share of the poor, as they did before Social Security. It will also be a country in which even middle-class elderly Americans are, in many cases, unable to afford expensive medical procedures or prescription drugs and in which poor Americans generally go without even basic health care. And it may well be a place in which only those who can afford expensive private schools can give their children a decent education.

But as Governor Riley of Alabama reminds us, that's a choice, not a necessity. The tax-cut crusade has created a situation in which something must give. But what gives -- whether we decide that the New Deal and the Great Society must go or that taxes aren't such a bad thing after all -- is up to us. The American people must decide what kind of a country we want to be.

Source

Interesting....

[donsabi]

The problem with unemployment statistics is that they only account for those applying for benefits.
It fails to take into account those that have used up their benefits and still don't have a job. I think a realistic number for our unemployed would be double to posted rate and is actually around 18-20%.

But don't you worry, our government says there are plenty of new jobs. i.e., Wmart will hire 55,000 at $8/hr. I am looking forward to seeing our economy surge as these new Wmart employees buy new cars and houses. Welcome to the new world order.

[cleanhouse]

Originally Posted by donsabi

The problem with unemployment statistics is that they only account for those applying for benefits.
It fails to take into account those that have used up their benefits and still don't have a job. I think a realistic number for our unemployed would be double to posted rate and is actually around 18-20%.

But don't you worry, our government says there are plenty of new jobs. i.e., Wmart will hire 55,000 at $8/hr. I am looking forward to seeing our economy surge as these new Wmart employees buy new cars and houses. Welcome to the new world order.

The idea of the NWO is to keep us weak and the powerful well... powerful.
It is not some dellusion.