Extremely Bad Economic News... (unemployment rate, statistics, downturn, compare)

[augiedogie]

It only looks good because we have had such a lousy recovery as a nation. We are still below the number of people employed before the recession began. We still have the lowest labor participation rate in decades. Its still the worst recovery in modern history. Its just one good month. Look at the numbers for last winter.

[nicet4]

[HeyJude514]

Originally Posted by whogo

It would be nice if we could stop the partisan bickering and actually discuss the challenges new technologies and globalization present to the Western economies.

This. While we remain focused on gridlock and silly partisan bickering, the U.S. is losing ground in the field of science and technology. We will soon be replaced as the world leader in these fields by China and other nations who actually understand the importance of investing in technology, and who are spending money to educate their people so they can compete in the new global economy, instead of recklessly slashing everything to save a little money in the short term.

Why is the U.S. falling behind in technology? |

[Opin_Yunated]

Originally Posted by whogo

Actually the wealth gap increases except for in recessions. If you want to decrease the wealth gap you need to promote recession producing policies.

Put that employer mandate in effect and ya might just see wealth inequality decrease.

Wealth gap naturally will always increase.

We just can't put wind to the sails like we do when Republicans are in office.

If you want to shrink the wealth gap, you raise taxes and raise the minimum wage.

[GHOSTRIDER AZ]

Originally Posted by Winter_Sucks

For Republicans.

Job Openings in U.S. Climbed in February to a Six-Year High - Bloomberg

Part time economy amd personal income down and health cost at a all time high. Numbers are off!.

[Opin_Yunated]

Originally Posted by augiedogie

It only looks good because we have had such a lousy recovery as a nation. We are still below the number of people employed before the recession began. We still have the lowest labor participation rate in decades. Its still the worst recovery in modern history. Its just one good month. Look at the numbers for last winter.

We have had a lousy recovery due to Republican-induced austerity.

[summers73]

Originally Posted by ErikBEggs

Wealth gap naturally will always increase.

We just can't put wind to the sails like we do when Republicans are in office.

If you want to shrink the wealth gap, you raise taxes and raise the minimum wage.

The US tax system is the most progressive in the civilized world. Shouldn't that be enough to get income equality?

[HeyJude514]

Originally Posted by ErikBEggs

We have had a lousy recovery due to Republican-induced austerity.

Yep. Years from now, when the U.S. is trying to figure out how we lost our once leading edge in science and technology, we will trace it back to this Congress and it's myopic focus on cut, cut, cut, at a very crucial time when, instead, they should have been focusing on investing in its people and building for the future. But by then, we will be the laggards, watching the rest of the world lead in these areas.

[chucksnee]

Originally Posted by ErikBEggs

Wealth gap naturally will always increase.

We just can't put wind to the sails like we do when Republicans are in office.

If you want to shrink the wealth gap, you raise taxes and raise the minimum wage.

Raising taxes takes money from people, think link even says that is not good...

Accelerated hiring would help provide bigger wage gains needed to boost consumer spending, which accounts for almost 70 percent of the economy.

[Taratova]

Originally Posted by HeyJude514

Yep. Years from now, when the U.S. is trying to figure out how we lost our once leading edge in science and technology, we will trace it back to this Congress and it's myopic focus on cut, cut, cut, at a very crucial time when, instead, they should have been focusing on investing in its people and building for the future. But by then, we will be the laggards, watching the rest of the world lead in these areas.

Government is not the life blood of our economy. It is the killer.
When times are good, companies have money to train people and pay them well. When the government taxes go higher and higher the companies cut back as the buying power of the masses gets hit with more taxes and a higher cost of living.

The government and its spending cuts the life blood out of the economy with stealing the buying power of the masses. When businesses are put under a heavy tax burden they can't employ anyone or expand.