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  #31 (permalink)  
Old 2 Weeks Ago
Active Citizen

 
Member Since: Dec 2008
Location: The Woods of Texas
Posts: 77

United_States     Texas

Re: ap Jobless rate tops 10 pct. for first time since '83

Only the companies which I bailed out with my tax dollars, and who have already doubled my minimum monthly payment on my already set balances, and now are upping my interest rates to loanshark rates of 30% are the ones rebounding.
When they call me for my past due payment which i can no longer afford to pay due to their increase, I ask them for a job, or at least a refund of my bail out money.... No luck so far...
Right now, I REALLY regret my vote for Obama and hope the electonic world does end in 2012, so I can once again compete on the basis of my own knowledge, efforts and determination - and continue to NOT be able to get a job due to Citi and others current negative stains on me and our credit.

After 25 years of hard work, followed by my layoff, followed by my inability to get a new job due to my age and my credit... I need and am asking for help from Obama.......... and am getting NONE whatsoever!!!!!!!!!
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  #32 (permalink)  
Old 2 Weeks Ago
Secretary of State

 
Member Since: Jun 2006
Location: US, California - federalist
Posts: 5,339

   
Re: Unemployment: 26 year High and rising.

Public sector means of production will always require local labor and can lower our tax burden.
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  #33 (permalink)  
Old 2 Weeks Ago
Joint Chiefs of Staff Member

 
Member Since: May 2009
Location: New England
Posts: 1,211

   
Re: ap Jobless rate tops 10 pct. for first time since '83

Quote:
Originally Posted by turnitup5000db View Post
Well, hello. The markets have rebounded, but only the top companies are traded on the markets, and the federal gvt. cut them a huge check. The small business owner in the US is the largest employer by leaps and bounds. It really isn't any surprise that the markets are up and employment is down. Just wait till the velocity of money picks up, then we'll all really be in a hole.
The stock market has been "rebounding" since april, yet unemployment has been rising.
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  #34 (permalink)  
Old 2 Weeks Ago
Active Citizen

 
Member Since: Dec 2008
Location: The Woods of Texas
Posts: 77

United_States     Texas

Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by danielpalos View Post
Public sector means of production will always require local labor and can lower our tax burden.
Nationally, you might be right, BUT, how will Obama's bailout help those of us who have no bailout sector business supported and who has NO state tax burden but have it based on Real Estate Taxes which remain relatively static regardless of job status and income.

Unless Obama lowers income taxes, our income taxes will remain the same, thanks to Bush, or go higher thanks to Obama.
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  #35 (permalink)  
Old 2 Weeks Ago
Secretary of Defense

 
Member Since: Jan 2009
Location: Virginia
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Earth     United_States

Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by Swoop187 View Post
This is all Bill Clinton's fault .... EVERYTHING is tied directly to his policy of lowering credit standards and dumping the federal welfare program.
nuh uh! it's reagan's fault!

(waits for swoop to counter with "it's carter's fault!")
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  #36 (permalink)  
Old 2 Weeks Ago
Secretary of Defense

 
Member Since: Jan 2009
Location: Virginia
Posts: 2,044

Earth     United_States

Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by merc View Post
Cool, that's farkin funny to those of us Americans who can't get a job. Just keep on kissin Obama's ass and you are soon to get somewhere.... probably far up his anus and noseless.
lolwhat?

suck it up, where's your sense of personal responsibility?

p.s. welcome to uspol, merc.
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  #37 (permalink)  
Old 2 Weeks Ago
Secretary of State

 
Member Since: Jun 2006
Location: US, California - federalist
Posts: 5,339

   
Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by merc View Post
Nationally, you might be right, BUT, how will Obama's bailout help those of us who have no bailout sector business supported and who has NO state tax burden but have it based on Real Estate Taxes which remain relatively static regardless of job status and income.

Unless Obama lowers income taxes, our income taxes will remain the same, thanks to Bush, or go higher thanks to Obama.
What do you think of the concept of unemployment compensation that conforms to at-will employment doctrine and state at-will employment laws?

Anyone who objects to being taxed on their prevailing market based income, can opt to be compensated for being naturally unemployed. If this wage conforms to public sector poverty guidelines, official poverty can also be eliminated.
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  #38 (permalink)  
Old 2 Weeks Ago
turnitup5000db's Avatar
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Coming to you Live from the State of Denial!

 
Member Since: Oct 2009
Location: South Dakota
Posts: 474

United_States     South_Dakota

Re: ap Jobless rate tops 10 pct. for first time since '83

Quote:
Originally Posted by JDJarvis View Post
The stock market has been "rebounding" since april, yet unemployment has been rising.
Exactly. My point was that the markets are a superficial economic indicator. They tell you next to nothing about the health of the economy. Total unemployment is a far better indicator. The stock market is only useful for promoting consumer confidence within the general public, it is near useless for any other task.

I would contend that we're looking at a pretty severe distortion when we look at the current stock markets. I mean, it took how long to go from 6000 to 10000 on the DOW the first time? About four years? And it was done with a housing bubble forming in the late 90's? No way it's recovered 4000 points legitimately in under a year. We might be as high as 7200 legitimately.

Although I did laugh really hard when my friend told me that the market was "over 9000", so I guess that might be worth the drop and the ensuing misery for the chuckle.
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  #39 (permalink)  
Old 2 Weeks Ago
Secretary of Defense

 
Member Since: Jan 2009
Location: Virginia
Posts: 2,044

Earth     United_States

Re: Unemployment: 26 year High and rising.

the stock market is a gauge of how investors think the economy will perform in the future.
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  #40 (permalink)  
Old 2 Weeks Ago
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Member Since: Dec 2008
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United_States     Texas

Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by bg85 View Post
lolwhat?

suck it up, where's your sense of personal responsibility?

p.s. welcome to uspol, merc.
Where is yours, if only for your words?
I have no sense of personal irresponsibility at all and have no need to espouse the proof of them to you unless you have the power to hire me, and are not the A-hole you appear to be in this forum.
(Alright, I might be willing to work for you, within limits too, jk }

Hell, I'll work for anyone within limits, right now, under Obama.
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  #41 (permalink)  
Old 2 Weeks Ago
Active Citizen

 
Member Since: Dec 2008
Location: The Woods of Texas
Posts: 77

United_States     Texas

Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by danielpalos View Post
What do you think of the concept of unemployment compensation that conforms to at-will employment doctrine and state at-will employment laws?

Anyone who objects to being taxed on their prevailing market based income, can opt to be compensated for being naturally unemployed. If this wage conforms to public sector poverty guidelines, official poverty can also be eliminated.
Would that idea apply to those of us who are forced to take total retirement fund reimbuiements in order to pay our bills up to now and beyond?
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  #42 (permalink)  
Old 2 Weeks Ago
Imperator's Avatar
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Audiatur et altera pars!

 
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Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by bg85 View Post
no you're definitely right though. there is no possible way for a country with high unemployment to be entering into an economic recovery.

it's never happened.
define "recovery"...


and I'll tell you what, I'll make you a wager, if the unemployment rate is below oh, 9.5% in august I'll give you 200 bucks...if it not you owe me...you game?
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  #43 (permalink)  
Old 2 Weeks Ago
Secretary of State

 
Member Since: Jun 2006
Location: US, California - federalist
Posts: 5,339

   
Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by merc View Post
Would that idea apply to those of us who are forced to take total retirement fund reimbuiements in order to pay our bills up to now and beyond?
Hypothetically, you could apply simply because you are naturally unemployed if you do not want to participate in the market for labor.
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  #44 (permalink)  
Old 2 Weeks Ago
Secretary of Defense

 
Member Since: Jan 2009
Location: Virginia
Posts: 2,044

Earth     United_States

Re: Unemployment: 26 year High and rising.

alright, since you appear not to understand how awkwardly worded and difficult to read your post was, i'll show you where my confusion is coming from.

Quote:
Originally Posted by merc View Post
Where is yours, if only for your words?
if only for my words? wtf does that mean?

Quote:
Originally Posted by merc View Post
I have no sense of personal irresponsibility at all and have no need to espouse the proof of them
them? wtf are you talking about? what is "them?"

Quote:
Originally Posted by merc View Post
unless you have the power to hire me, and are not the A-hole you appear to be in this forum.
(Alright, I might be willing to work for you, within limits too, jk }

Hell, I'll work for anyone within limits, right now, under Obama.
this seems to imply you would work for anyone within limits right now, under obama, but under a different president you would work for....i don't know who you would work for.
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  #45 (permalink)  
Old 2 Weeks Ago
Secretary of Defense

 
Member Since: Jan 2009
Location: Virginia
Posts: 2,044

Earth     United_States

Re: Unemployment: 26 year High and rising.

Quote:
Originally Posted by Imperator View Post
define "recovery"...


and I'll tell you what, I'll make you a wager, if the unemployment rate is below oh, 9.5% in august I'll give you 200 bucks...if it not you owe me...you game?
really?

how about 9% by January 2010, using the official unemployment rate as reported by the BLS (or whichever agency gives the "official" unemployment rate) and i think you just might have yourself a wager.
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