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With unemployment and poverty as high as they are, the next President needs to create another new deal program like FDR did. The government needs to create some jobs b/c the private sector sure the hell isn't.
With unemployment and poverty as high as they are, the next President needs to create another new deal program like FDR did. The government needs to create some jobs b/c the private sector sure the hell isn't.
Wow, talk about not learning from history. Do you really think we need another SS system?
You need lower business taxes to let private industry create and retain new jobs. Additionally you need fewer subsidies and regulations that hurt the market. You also need lower personal income taxes so that individuals and small business owners can continue to invest in their business, creating new jobs and maintaining the old.
The government should not be looked to to create jobs because jobs that are forced into the economy take $ and resources from being able to naturally fill the gaps in the normal ebb and flow of an economic cycle.
The unemployment rate is 5.5%. That's basically FULL employment. What's your complaint again?
Poverty rate? What is it? Do you have a historical chart?
Some economists predict it is higher due to changes on how the numbers are reported...I think I saw as high as 12% recently. Basically people who have given up looking for jobs because they cant find one are not counted as unemployed...they are just "discouraged workers" I forget when this change was made, but it isnt the only one like that, and it happens all the time. Keep reporting unemployment or inflation at "reasonable" rates, but change the supporting criteria and hope nobody notices...thats the game that they play.
With unemployment and poverty as high as they are, the next President needs to create another new deal program like FDR did. The government needs to create some jobs b/c the private sector sure the hell isn't.
Let's see, it's 1932, only 15 years since the Marxist Revolution overthrowing a bad government in Russia. We have poverty throughout Germany and the Axis powers of WWI.
FDR pulls challenges to our constitution and the SCOTUS keeps the government divided into three distinct powers.
For all who are participating in this thread under 30 years of age. I hope you will study our nation's history of the 20th century before you vote. I also recommend that you study economics 101.
Let's see, it's 1932, only 15 years since the Marxist Revolution overthrowing a bad government in Russia. We have poverty throughout Germany and the Axis powers of WWI.
FDR pulls challenges to our constitution and the SCOTUS keeps the government divided into three distinct powers.
For all who are participating in this thread under 30 years of age. I hope you will study our nation's history of the 20th century before you vote. I also recommend that you study economics 101.
Try this book, its great for those who need to better understand economics and th egovernment/policy impacts. (not you tomocox)
With unemployment and poverty as high as they are, the next President needs to create another new deal program like FDR did. The government needs to create some jobs b/c the private sector sure the hell isn't.
Unemployment and poverty are not high - yet. Unemployment now is at historic lows, despite the fact it was much lower in the '90s so we have a skewed view of whats good and whats not. I can definitely see this changing soon if oil prices stay this high, but right now things aren't that bad.
The unemployment rate is 5.5%. That's basically FULL employment. What's your complaint again?
Poverty rate? What is it? Do you have a historical chart?
Full unemployment. What kinds of jobs? We have an ever-growing sector of jobs which pigeon-hole you into -40 hours work week so you're negated of any health care privilege? I sure hope we're not relying on these statistics for our overview of the American economy and its average family. I will congratulate you on having a successful career and life and your parents a seemingly job-well-done (maybe not so much intellectually, but alas...) because you don't appear to have lived life in a lesser-man's shoes yet. Thank the "Good Lord" everyday for this, because you're truly lucky not to understand what many American concerns are.
Either that, or you're incredibly optimistic.
I don't go as far as to say we need another new deal, simply an overhaul of the medical profession and a coup of the HMO highway robbery which occurs herein. 55 million Americans shouldn't be without health insurance, unless 36th best healthcare in the world is what we wish to continue to be proud of.
............unemployment was 21.9%
............unemployment for the lower classes was 83.0%
............the average household income decreased $3,000 in 2 years ($15K with inflation)
............homelessness in big cities hovered between 15% and 20%
Today
............unemployment is around 5.5%
............unemployment for the lower classes is 5.8%
............the average household income has increased $2,200 in the past 2 years
............homelessness hovers around 2.5%
............unemployment was 21.9%
............unemployment for the lower classes was 83.0%
............the average household income decreased $3,000 in 2 years ($15K with inflation)
............homelessness in big cities hovered between 15% and 20%
Today
............unemployment is around 5.5%
............unemployment for the lower classes is 5.8%
............the average household income has increased $2,200 in the past 2 years
............homelessness hovers around 2.5%
There is no comparison between then and now.
Again, those unemployment numbers are intentionally skewed with different ways of calculating now as compared to then.
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