The Decline in graphical form

[Jccarlton]

Watch as the country goes from yellow to purple:
http://www.youtube.com/watch?v=J28tLOpzfpA&NR=1

30 million unemployed and underemployed. With an Administration and Congress with an absolute gift for doing the worst possible things.

[JLawson]

Watch as the country goes from yellow to purple:
http://www.youtube.com/watch?v=J28tLOpzfpA&NR=1

30 million unemployed and underemployed. With an Administration and Congress with an absolute gift for doing the worst possible things.

Aw, come on. Their INTENTIONS are good! And everything they've learned and told themselves over the years indicated that their current actions were best for EVERYONE!

Of course, reality tends to override theories - no matter how popular and wonderful the theory might be...

[Skipjack]

Uhm and the current situation is not the result of the politics of the previous administration?!
You can not undo eight years in a single year.

[MirariNefas]

Why does it progress geographically like that?

[JLawson]

Uhm and the current situation is not the result of the politics of the previous administration?!
You can not undo eight years in a single year.

I see no indications of any undoing, Skipjack. We passed a 'stimulus' program to keep unemployment under 8%, but that money seemed to go to the democratically connected, and unemployment rates are higher than the worst forecasts before the spending. I see trillions spent and even more promised, but precious little in return. One would almost think it was intentional.

It's possible to do a hell of a lot of damage in one year, when the conditions are correct. And the conditions were set up starting in '06 by the Democrats to cause one hell of a lot of trouble, all with the BEST of intentions.

Crash the economy, get a 'savior' elected, and take control of all aspects of business in the country. I wish I could believe that it's simply rampant stupidity on the part of Reid, Pelosi, and Obama - but it's getting hard to maintain that level of gullibility.

[Diogenes]

Uhm and the current situation is not the result of the politics of the previous administration?!
You can not undo eight years in a single year.

Which policy of the Bush Administration caused the economic crisis?
I bet you can't tell me.


I can tell YOU exactly which policies of the Carter Administration and the Clinton Administration caused the crisis. I will further point out that the economic fecal matter did not strike the blades of the rotating air moving device until the Democrats took control of Congress in 2006.

[MSimon]

Uhm and the current situation is not the result of the politics of the previous administration?!
You can not undo eight years in a single year.

Uh. In America Congress makes the rules and the President carries them out.

Since January 2007 The Congress has been controlled by Democrats.



From:

http://blog.heritage.org/2009/03/24/bus ... -pictures/

[Josh Cryer]

http://www.whitehouse.gov/blog/2010/04/ ... tion-march



less socialist source (for those who cannot stand to even look at wh.gov):

http://www.marketwatch.com/story/payrol ... =rss&rss=1



39k of those were census workers though. Saw a couple of yuppies the other day, white working class individuals doing census work.

I pitied them, they looked quite beaten. Guess the benefits ran out.

(Don't get me started on Tea Party people getting benefits. Heh.)

BTW, private sector employement rose well over 110,000, which is pretty insane if you ask me.

[MSimon]

Wait for the revisions. And the commercial real estate collapse this summer.

[IntLibber]

39k of those were census workers though. Saw a couple of yuppies the other day, white working class individuals doing census work.

I pitied them, they looked quite beaten. Guess the benefits ran out.

(Don't get me started on Tea Party people getting benefits. Heh.)

BTW, private sector employement rose well over 110,000, which is pretty insane if you ask me.

Insane in what way? Jesus Christ Obama will need to achieve employment growth of 500,000 new full time permanent jobs every month for the next 56 months to get us back to the level of employment we were at when he took office.

Temporary census jobs don't count as jobs.

And what's your problem with Tea Party people getting jobless benefits? You think only socialist democrats are entitled to government entitlements?

[MSimon]

And what's your problem with Tea Party people getting jobless benefits? You think only socialist democrats are entitled to government entitlements?

It is an insurance program according to the government. So you pay your premiums and if you lose your job insurance pays.

[Josh Cryer]

IntLibber, do you think it's possible to magically grow back those jobs in a short period of time? Positive job growth is a good thing, and no one said census workers counted in any reasonable way, even the WH concedes that. When the new deal happened the vast majority of jobs were government (especially when we got in to WWII with the "war economy"). Here we are seeing non-government jobs being the meat of jobs growth. In the off season, at that. UPS is going to hire 29k new drivers. I'm thinking about a job change.

MSimon, it is insurance, until the whole economy falls apart, then it becomes a direct government subsidy, 'cause the insurance stops paying out. That happened, oh, sometime in the middle of 2009. The federal government has had to extend it several times over, far far beyond the average level of unemployment.

And fyi, I remember a lot of conservatives bemoaning the benefit extensions, several times.

[MSimon]

IntLibber, do you think it's possible to magically grow back those jobs in a short period of time? Positive job growth is a good thing, and no one said census workers counted in any reasonable way, even the WH concedes that. When the new deal happened the vast majority of jobs were government (especially when we got in to WWII with the "war economy"). Here we are seeing non-government jobs being the meat of jobs growth. In the off season, at that. UPS is going to hire 29k new drivers. I'm thinking about a job change.

MSimon, it is insurance, until the whole economy falls apart, then it becomes a direct government subsidy, 'cause the insurance stops paying out. That happened, oh, sometime in the middle of 2009. The federal government has had to extend it several times over, far far beyond the average level of unemployment.

And fyi, I remember a lot of conservatives bemoaning the benefit extensions, several times.

The only cure is to let prices fall to their natural level. When the price of labor is attractive it will be hired.

[Josh Cryer]

The only cure is to let prices fall to their natural level. When the price of labor is attractive it will be hired.

But then all of that lobbying money would have gone to waste, and all of those wealthy powerful people would have had their portfolios wiped out.

BTW I agree.