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RememberWellstone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:26 AM
Original message
Jobless rate...sh*t!
This could'nt have come at worse time.WTF?



Labor Department: Non-Farm Payrolls Drop 216,000 in August; Unemployment Rate Jumps to 9.7%, Highest Since June 1983

x(
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:27 AM
Response to Original message
1. Its gonna be uneven and not so good for awhile. We are in a recession.
Recovery is a long way off. Thank Bush.
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WI_DEM Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:28 AM
Response to Original message
2. Unemployment is going to get worse before it gets better.
There have been positive signs lately but employment traditionally is the last to show turnaround.
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:29 AM
Response to Reply #2
3. Indeed. The recession is over, but jobs will be the last place to show it.
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Craftsman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 09:22 AM
Response to Reply #3
10. No new decent paying jobs = no recovery.
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LiberalEsto Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:45 AM
Response to Original message
4. I'll probably reach retirement age
before I find a job that I can retire from.
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ipaint Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:48 AM
Response to Original message
5. The working class and working poor are in a depression. n/t
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Teaser Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:50 AM
Response to Original message
6. eh, the payroll drop was much bettter than expected, though
it's a wash to slight win.
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Dawgs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:52 AM
Response to Original message
7. Not exactly bad news...we are still in a recession.
:shrug:
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:52 AM
Response to Original message
8. Sometimes it is better to be straight with the American People
and admit the truth. We now have 30 MILLION people unemplyed.
These layoffs are not ALL due to the banking Crisis. This is
the result of Globalization gone awry. Continuing to say
the unemployment is always slower to regain its footing in
a recession. The Big Lie. In this Economic Slowdown, some
jobs may come back but to be truthful someone must say and
explain, jobs are not coming back. Globalixation by its very
nature tries to level the playing field between the First World
and the Third World. Our Leaders starting with Regan and
Democrats participating made one bad decision. They decided
we USA would become a Service Industry Economy. This
economy is much to- large to be sustained by Banking Jobs
Resturant and Tourism. Therefore our Middlc Class has lost
gound. At least Reagan promised to keep IT as an American
Industry. The Free Marketers strayed from Reagan Promise
and sent the It to India China and around the world.

Our Leaders had best admit with 30 million unemployed
and heading to 40 Million that mistakes were made.
Unless they tackle this head on, they will continue
The GWB Tom DeLay Free Market Practices and we are
once again facing the Abyss.

It might be wise to slow down on Health Care and focus
on the economy.

The American People know what is wrong and are questioning
Washington Wisdom.

There is no one who wants Healthcare Reform more than me.

Get a Grip and some common sense. Yes they can mandate
Companies provide Insurance. They can mandate the American
must buy Insurance. If a company cannot afford it, you cannot
draw blood from a stone. If the American Citizen cannot
afford it, you cannot get blood out a turnip.

It is time someone explain Kensyian(sp) economics to
the American People and explain it is juet as good economic
theory as Raw Free Market Theory which has landed us
in this mess.

I dare anyone to yell protectionism. This is simply as
distraction. If you love your country you will not continue
to sell it down the river. This is why the American People
are angry. Using everything from racism and cultural issues
to distract them is going to backfire royally.
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ipaint Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 09:02 AM
Response to Reply #8
9. +1 n/t.
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Craftsman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 09:24 AM
Response to Reply #8
11. Agreed
The let them eat cake attitude of many in both parties has to stop.
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