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Re: Unemployment: 26 year High and rising.
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How many times was a "fix the housing" and/or "fix the banking" bill been proposed only to be shot down? A few times if I recall correctly. True, it isnt only his fault, but he was part of the package that failed us.
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Anyone who thinks freedom comes cheap, please put the blindfold on and stand against the wall. IT IS TIME for Americans to take back the country and start a new government. |
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Re: Unemployment: 26 year High and rising.
Its not Obamas fault its Clintons fault.
Actually its Clintons fault but the republicans are partly to blame for not stopping Clinton and its the peoples fault for racking up massive debt they couldn't pay off. The banks played a role in this as well but they're the last entity anyone should blame. Clinton pretty much bullied the banks into lower their lending standards, which was the mistake of the decade, if not the century. Everyone is partly to blame for this, the only ones who aren't are the ones that were crying about the future in 1996-1997 etc. You know the guys no one listened to but are now being proved right. |
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Re: Unemployment: 26 year High and rising.
Yep - its ALL Bushes fault
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WARNING! WARNING! WARNING! "We cannot continue to rely on our military .... We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded." Barack Obama, 2008 "My age group was pressured into joining although it was allegedly voluntary. But later on it was compulsory. No one could say no." Hitler youth, Willi Demf, born 1920 |
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Re: Unemployment: 26 year High and rising.
Hopefully, every Dem in Congress will lose their jobs next year, then we can begin the road to recovery.
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Giving money and power to government is like giving whiskey and car keys to teenage boys. ---P. J. O'Rourke |
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Re: Unemployment: 26 year High and rising.
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Re: Unemployment: 26 year High and rising.
I take it you don't remember that the Dems have been in charge for the last three years?
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Giving money and power to government is like giving whiskey and car keys to teenage boys. ---P. J. O'Rourke |
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Re: Unemployment: 26 year High and rising.
I remember that we had massive surpluses and the lowest unemployment in thirty years until the republicans were voted into a succeeding administration.
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Re: Unemployment: 26 year High and rising.
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Re: Unemployment: 26 year High and rising.
hypothetically, what problems would we have if there were zero percent official unemployment if unemployment compensation is above the poverty rate?
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Re: Unemployment: 26 year High and rising.
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Right now we have over 10% unemployment & 17% under employment rate. This is the WORST I have seen in my 57 years--& after surviving the Carter administration-in the late 70's. Let me tell you. Now matter how much the Fed Government wants to B.S you--this is a bad one. The construction industry in this country which employs millions, (much more than the auto industry--that got the bail-out) is in all out flat DEPRESSION--"Thanks to Fed Goverment & their mismangement of Fannie/Freddie.) In fact GROUND ZERO of our current economic collapse is due to the Federal Government. Last edited by Oreo; 1 Week Ago at 09:04 PM. |
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Re: Unemployment: 26 year High and rising.
You mean there is no such thing as zero percent unemployment under capitalism. However, if we assume, according to the theory of supply and demand, that perfectly competitive markets exist, then a "natural" unemployment rate is merely the inefficiency rate in that market.
Correcting for that inefficiency could be as simple as at-will employment relationships can make it. Hypothetically, what problems would we have if there were zero percent official unemployment, if unemployment compensation is above the poverty rate? |
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Re: Unemployment: 26 year High and rising.
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There are people in this county that either do not want to work or are on a government pay check for one reason or another. That's why full employment in this country--is considered 4.5%. 0% unemployment will never exist. |
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Re: Unemployment: 26 year High and rising.
It's common sense that if you punish companies by raising their federal and state taxes, they'll shrink in size, thereby hiring fewer workers.
And if you reward companies by lowering their federal and state taxes, they'll grow in size, thereby hiring more workers. Why is the Democratic party against lowering taxes during an economic recession with very high unemployment? |
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Re: Unemployment: 26 year High and rising.
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We don't have that much capitalism anymore. Our wars on crime, drugs, poverty, and terror; are based on socialism, not capitalism. Socialism can solve a "natural" unemployment rate by subsidizing anyone who is "naturally" unemployed; thus correcting that inefficiency in the market for labor. Hypothetically, what problems would we have if there were zero percent official unemployment, if unemployment compensation is above the poverty rate? Last edited by danielpalos; 6 Days Ago at 12:03 PM. |
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