http://www.nytimes.com/imagepages/2006/08/26/weekinreview/27leon_graph2.html
Notice the date, 2006. Obama was just the junior senator from Illinois...
But it's all Obama's fault, everything.
Musta been using Kenyan voodoo time warp mind control to convince Bush functionaries to act as enablers and cheerleaders for Wall St as they pulled off the biggest scam in the history of finance
Until we address global labor arbitrage, our nation's economy will not improve. However, our politicians won't acknowledge or address the problem, and the current state of affairs is good for wealthy people because they can become even wealthier when market forces dictate poverty-wages for the vast majority of the populace.
I've hearing we've lost ZERO federal jobs. So no, I don't think you're factually correct.
As far as state and local jobs, I've heard a much lower number than "hundreds of thousands". However, given the lower tax base available to state/local (real estate values down so r/e tax, sales down so less sales tax, income tax so less income tax revenue) and no more huge federal subsidies (stimulus bill) state/local sector employment should fall even more.
Fern
Address it? Hell, Obama wants 3 more "so called free trade" agreements right now to "fix the issue". What a stupid shit he is becoming.
Actually Obama is holding those up and the Senate GOP are pushing him to fast track them. Obama's holding them up to have horsetrading material with the GOP for things he wants.
But carry on, we all understand the theme is Obama is responsible for everything wrong (or even slightly unpleasant).
i see now hiring freaking everywhere
i see now hiring freaking everywhere
Yep, private sector is not going to invest with government threatening to either default or cut spending. Why put your money on the line if the House of Representatives is playing Russian Roulette with the US economy?
Well, yeh- it's best to just put a sign in the window rather than advertise. That way, you won't have to deal with the inconvenience of hundreds of applicants per job.
Back in 2009, the small law firm my wife manages needed a part time receptionist/ file clerk, so she advertised in Craigslist, got over 500 applicants in 24 hrs. She pulled the ad immediately, but still received over 200 additional applicants over the following few days.
Anybody who thinks that the Private Sector, the Sacred & Benevolent domain of the omniscient Job Creators! is doing more for employment than taking their profits & stuffing them into their mattresses has shit fer brains.
Unemployment is going up, not down, so what we really need is to cut, cut, cut! government spending to put more people out of work to create growth! Ask Boehner, or Bachmann, or McConnell or any well indoctrinated wing nut- they'll tell you.
I wish Obama doesn't get re-elected, I just want to see how much different a Republican president would handle this.
Where is everywhere? Certainly not here in Chicago.
Massive layoffs announced
Wonder where that $2.4 billion per year is going to come from? I can't imagine that energy produces would want to pass those additional costs to consumers, right?EPA Administrator Lisa Jackson announced on Thursday a plan to reduce smokestack pollution causing smog and soot in downwind states — where it combines with local air contaminants, making it impossible for those states to meet air quality standards on their own...
While the EPA says the suite of regulations will not cause the power to go out, almost everyone agrees that it will help close down some of the oldest, and dirtiest, coal-fired facilities. At the remaining plants, operators would have to use existing pollution controls more frequently, use lower-sulfur coal, or install additional equipment.
"The EPA is ignoring the cumulative economic damage new regulations will cause," said Steve Miller, president and CEO of the American Coalition for Clean Coal Electricity, a pro-coal industry association. Along with other pending regulations, Miller said they "are among the most expensive ever imposed by the agency."
The regulation replaces a 2005 Bush administration proposal that was rejected by a federal court.
The rule, which will start going into effect next year, will cost power plant operators $800 million annually in 2014, according to EPA estimates. That's in addition to the $1.6 billion spent per year to comply with the Bush rule that was still in effect until the government drafted a new one. The agency said the investments would be far outweighed by the hundreds of billions of dollars in health care savings from cleaner air.
Read more: http://www.myfoxboston.com/dpps/hea...ion-dpgapx-20110707-ch_14022886#ixzz1Re1s2NjK
The EPA responded to bad jobs numbers by introducing regulations that would led to MORE job losses...
From the AP
Wonder where that $2.4 billion per year is going to come from? I can't imagine that energy produces would want to pass those additional costs to consumers, right?
Where is that $2.4 billion going to come from?
Out of the pockets of the people who can afford it the least. When the electric bill jumps $20 a month that is $20 less to spend on McDonald's so McDonald's lays off some workers etc etc.
Where is that $2.4 billion going to come from?
Out of the pockets of the people who can afford it the least. When the electric bill jumps $20 a month that is $20 less to spend on McDonald's so McDonald's lays off some workers etc etc.
Ford just announced another 1500 jobs here in Louisville. Good for ford!
Economy in the San Jose area is pretty nice. Every time some tech company thinks about doing an IPO, theres a run on million dollar homes and all the BMW dealers run out of M3s.
The EPA responded to bad jobs numbers by introducing regulations that would led to MORE job losses...
From the AP
Wonder where that $2.4 billion per year is going to come from? I can't imagine that energy produces would want to pass those additional costs to consumers, right?