400k + Jobless, Lose unemployment in 1 week (unemployment rate, racism, Kennedy, black president)

[modeerf]

230,000 stopped receiving checks, over this weekend.

11% are in California. Where there is now a 16 Billion dollar shortfall in the budget.

Are we going from a recovered recession to a depression?

Report says 230,000 unemployed losing benefits over weekend - The Hill's On The Money

[lifelongMOgal]

No doubt the Obamabots and Obama administration will turn this into "the GOP war on the unemployed".

[freemkt]

Originally Posted by lifelongMOgal

No doubt the Obamabots and Obama administration will turn this into "the GOP war on the unemployed".

The long-term unemployed will just twist slowly, slowly in the wind.

[LauraC]

Originally Posted by modeerf

230,000 stopped receiving checks, over this weekend.

11% are in California. Where there is now a 16 Billion dollar shortfall in the budget.

Are we going from a recovered recession to a depression?

Report says 230,000 unemployed losing benefits over weekend - The Hill's On The Money

You know, yesterday I was still seeing "Come to California" ads on TV and I was wondering how they could afford those ads if they are so much in the hole financially. The only other state I see them for is my own so I'm assuming Tennessee ads are only seen locally but for me to see the California ads, they must be aired nationally. Got to be expensive. I was watching USA or TNT when I saw it. Then how about those state of the art Taj Mahal schools? Not only must it have been expensive ($578 million) to build them but they probably cost a lot to maintain.

"Critics have already dubbed it the Taj Mahal. Built on the site of the former Ambassador Hotel, where presidential candidate Robert Kennedy was assassinated in 1968, the 4,200-student school is a monument to the fiscal irresponsibility and extravagance of the nation's second-largest school district."

L.A.'s 'Taj Mahal' School's Real Cost - Investors.com

Los Angeles to Open Latest of Its 'Taj Mahal Schools' - Education - GOOD

[MrClose]

Originally Posted by modeerf

230,000 stopped receiving checks, over this weekend.

11% are in California. Where there is now a 16 Billion dollar shortfall in the budget.

Are we going from a recovered recession to a depression?

Report says 230,000 unemployed losing benefits over weekend - The Hill's On The Money

This means that the next report on the jobs numbers will be 7.9%

As the unemployed who are collecting UE checks lose those checks and drop off the radar .. the UE numbers drop right along with them!

It's a kinda new math!

Don't be surprised when the UE numbers are at or below 6% come oct/nov.

Look at the bright side though .. When Everyone loses their job .. We'll have 0.00% unemployment!

[Dale Cooper]

Originally Posted by lifelongMOgal

No doubt the Obamabots and Obama administration will turn this into "the GOP war on the unemployed".

.....and blame Bush.

Originally Posted by MrClose

This means that the next report on the jobs numbers will be 7.9%

As the unemployed who are collecting UE checks lose those checks and drop off the radar .. the UE numbers drop right along with them!

It's a kinda new math!

Don't be surprised when the UE numbers are at or below 6% come oct/nov.

Look at the bright side though .. When Everyone loses their job .. We'll have 0.00% unemployment!

Yep, that's exactly how it works. And dems are too stupid to figure it out

[wjtwet]

Originally Posted by modeerf

230,000 stopped receiving checks, over this weekend.

11% are in California. Where there is now a 16 Billion dollar shortfall in the budget.

Are we going from a recovered recession to a depression?

Report says 230,000 unemployed losing benefits over weekend - The Hill's On The Money

Once they go off the roles unemployment rate will drop and Obama can claim victory

[sturmgeist]

The economy is improving guys, stop hating. Your thinly veiled racism against our Black President is getting pretty sad

[Vascodagama]

Originally Posted by modeerf

230,000 stopped receiving checks, over this weekend.

11% are in California. Where there is now a 16 Billion dollar shortfall in the budget.

Are we going from a recovered recession to a depression?

Report says 230,000 unemployed losing benefits over weekend - The Hill's On The Money

Looks like the Occupy protests will gain more angry participants in dire straits. The timing is impeccable for the planned summer of riots.

[Vascodagama]

Originally Posted by sturmgeist

The economy is improving guys, stop hating. Your thinly veiled racism against our Black President is getting pretty sad

I guess that's why the mainstream media and weekend talk shows ... and even Robert Rubin (former Secretary of the Treasury,Obama advisory and Goldman Sachs golden-boy) made recent statements that we are quickly heading for a major economic crisis.

The U.S. has an unsustainable and dangerous fiscal trajectory: Rubin - Freeland File

Former Treasury Secretary Robert Rubin states that the country's deficit will lead to some form of major duress like high inflation, a long period of very slow economic growth and, most likely, a serious financial and economic crisis.