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  #1 (permalink)  
Old 06-06-2008
iamwhatiseem's Avatar
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Recession Deepens: biggest unemployment jump in 22 years.

Jobless rate across the nations has biggest hike since 1986, worst overall national unemployment since 2004.
Nation continues to lay workers off in droves, now 340,000 jobs have disappeared.
Not in these figures is temporary agencies have lost 106,000 jobs just so far this year.

Oh - and did I mention oil is over $134 a barrel today?

Unemployment in biggest jump in 22 years - Jun. 6, 2008
U.S. Loses 49K Jobs in May; Rate Jumps to 5.5% - FOXBusiness.com
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

Quote:
Originally Posted by iamwhatiseem View Post
Jobless rate across the nations has biggest hike since 1986, worst overall national unemployment since 2004.
Nation continues to lay workers off in droves, now 340,000 jobs have disappeared.
Not in these figures is temporary agencies have lost 106,000 jobs just so far this year.

Oh - and did I mention oil is over $134 a barrel today?

Unemployment in biggest jump in 22 years - Jun. 6, 2008
U.S. Loses 49K Jobs in May; Rate Jumps to 5.5% - FOXBusiness.com
But hey, Bush says the economic stimulus checks they sent out are turning the tide. Knowing that, I feel really good and am able to shake off, and live in denial of, all these grim economic indicators.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

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Originally Posted by TheLastBoyScout View Post
But hey, Bush says the economic stimulus checks they sent out are turning the tide. Knowing that, I feel really good and am able to shake off, and live in denial of, all these grim economic indicators.
phehh - As I saw and heard the talking heads say on TV - about the only people who benefited from it was Wal-Mart and Cosco.

Tomorrow - in my town Ford will close a plant that has been opened since 1954.
Plant once employed I believe 2,200 people...since NAFTA passed it has dwindled down to just over 600...after tomorrow - 0.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

Ohhhh......so this is an even bigger job loss then the first year of the Bush Administration. I thought we lost 3 million jobs then.

Boy......the Dems don't play around once they take charge. 16 months after they took back Congress they've been able to cause a "Recession" and nearly double the price of gas......oh and almost totally collapse the housing market.

I wonder what they have in mind for an encore.

By the way, didn't they promise that once they took back Congress our troubles would be over?

Looks like our troubles are just beginning.

Keep working on that Global Warming bill Democrats..........to hell with the economy.
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Last edited by mudwhistle; 06-06-2008 at 03:39 PM.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

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Originally Posted by mudwhistle View Post
Ohhhh......so this is an even bigger job loss then the first year of the Bush Administration. I thought we lost 3 million jobs then.

Boy......the Dems don't play around once they take charge. 16 months after they took back Congress they've been able to cause a "Recession" and nearly double the price of gas......oh and almost totally collapse the housing market.

I wonder what they have in mind for an encore.

By the way, didn't they promise that once they took back Congress our troubles would be over?

Looks like our troubles are just beginning.

Keep working on that Global Warming bill Democrats..........to hell with the economy.

Your inability to widen your school of thought beyond blaming democrats is just like the inability to get beyond partisan bickering that has stalemated our government pretty much since 1994...you should run for congress...with rhetoric like this you may make speaker in a couple terms.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

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Originally Posted by iamwhatiseem View Post
Your inability to widen your school of thought beyond blaming democrats is just like the inability to get beyond partisan bickering that has stalemated our government pretty much since 1994...you should run for congress...with rhetoric like this you may make speaker in a couple terms.
Bush reached his hand out to them when they took back Congress and what did he get?

He got slapped.

Who's fault is that?

It has nothing to do with partisanship on my part.

The Dems decided to put their party above this country. There is no other explaination.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

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Originally Posted by mudwhistle View Post
Bush reached his hand out to them when they took back Congress and what did he get?

He got slapped.

Who's fault is that?

It has nothing to do with partisanship on my part.

The Dems decided to put their party above this country. There is no other explaination.
You make my point again.
Bush has been completely AWOL on the economy, as with pretty much everything else except creating the most embarrassing military bungles in American history.

Bush has been a failure on any level or measure.
While the SEC and FED became exponentially more corrupt - Bush...nada.
As illegal immigration has raised to pandemic levels in southern U.S. - Bush...nada
As even junior economist were predicting financial instability and almost certain negative adjustments ahead - Bush...nada.

NOt to say the inept and impotent Democrat congress has done anything either - you just need to widen your focus and realize the TOTAL government is a failure.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

Quote:
Originally Posted by iamwhatiseem View Post
Your inability to widen your school of thought beyond blaming democrats is just like the inability to get beyond partisan bickering that has stalemated our government pretty much since 1994...you should run for congress...with rhetoric like this you may make speaker in a couple terms.
Well, partisan cheerleading and views of politics as another sport for which to arbitrarily pick and root for a "team" notwithstanding, I don't know that the partisanship itself has necessarily hurt the economy as much as the increasing tendency to pander to simplicity and quick payoff policies. There isn't a whole lot of difference between the two major parties, especially after Dubya's administration - I view the increased partisanship (or perception thereof) as a more recent dumbing down of the political process with "sound-byte" gotchas. This has resulted in pandering to voters. Giving us all $600 bucks, enacting policies that shift problems so that avoiding a bubble bursting now leads to a different one bursting later, slashing taxes while going on nation building adventures, etc.

And, I'd blame the vapid discourse (i.e. partisanship in the public, even in the face of the parties becoming almost identical) more than the lawmakers themselves, since the POTUS and even congress have only limited ability to genuinely control cycles in the economy (and certainly not predictably). In order to get re-elected, they have to pander with asinine policies, and they know it. What's worse is, when the other guy makes an asinine proposal that sounds attractive, they have to go along with it or be crucified in sound bytes - "Well, I suggested writing a check to every American, but my opponent voted against it. Why do you think he hates the idea of you having money and wants you to be poor?"

But, I'd imagine that all the pandering in the world won't stop an eventual downturn and self correction. Then, predictably, the economy will start getting better, and all of the partisans can stop playing the blame game and start the laughable game of trying to correlate it with their team in office. What a comical cycle.

Edit: It'd be much funnier if we somehow convinced them to argue over which politicians in office caused which kinds of weather. Can you imagine constant arguments over the Democrats causing this goddamned cold snap or the Republicans always enacting heatwave, rain-heavy policies that damage the poor?
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Last edited by drgoodtrips; 06-06-2008 at 04:13 PM.
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  #9 (permalink)  
Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

Quote:
Originally Posted by iamwhatiseem View Post
You make my point again.
Bush has been completely AWOL on the economy, as with pretty much everything else except creating the most embarrassing military bungles in American history.

Bush has been a failure on any level or measure.
While the SEC and FED became exponentially more corrupt - Bush...nada.
As illegal immigration has raised to pandemic levels in southern U.S. - Bush...nada
As even junior economist were predicting financial instability and almost certain negative adjustments ahead - Bush...nada.

NOt to say the inept and impotent Democrat congress has done anything either - you just need to widen your focus and realize the TOTAL government is a failure.

Bush did this and Bush did that.

Seems like it was a joint effort.

And spending on the war isn't what's causing the trouble.


It's a lack of consumer confidence for the future. There are no adults in Washington except Bush and he's leaving in a few months so the prospects look pretty bleak. Businesses don't like what they're hearing out of Congress these days.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

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Originally Posted by drgoodtrips View Post
"Well, I suggested writing a check to every American, but my opponent voted against it. Why do you think he hates the idea of you having money and wants you to be poor?"

.
Obama pointed out that Hillary and McCain's "gas tax holiday" is nothing but nonsense. Obama has other problems regarding the economy, but at least he's not willing to go to the lowest common denominator.
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  #11 (permalink)  
Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

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Originally Posted by AjaxPress View Post
Obama pointed out that Hillary and McCain's "gas tax holiday" is nothing but nonsense. Obama has other problems regarding the economy, but at least he's not willing to go to the lowest common denominator.
I agree. Him calling that exactly what it is was refreshing to hear. I'm not really a big fan of Obama's economic policies in general, but it is interesting when the occasional blip of sanity escapes from the dung heap.
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  #12 (permalink)  
Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

Quote:
Originally Posted by drgoodtrips View Post
Well, partisan cheerleading and views of politics as another sport for which to arbitrarily pick and root for a "team" notwithstanding, I don't know that the partisanship itself has necessarily hurt the economy as much as the increasing tendency to pander to simplicity and quick payoff policies. There isn't a whole lot of difference between the two major parties, especially after Dubya's administration - I view the increased partisanship (or perception thereof) as a more recent dumbing down of the political process with "sound-byte" gotchas. This has resulted in pandering to voters. Giving us all $600 bucks, enacting policies that shift problems so that avoiding a bubble bursting now leads to a different one bursting later, slashing taxes while going on nation building adventures, etc.

And, I'd blame the vapid discourse (i.e. partisanship in the public, even in the face of the parties becoming almost identical) more than the lawmakers themselves, since the POTUS and even congress have only limited ability to genuinely control cycles in the economy (and certainly not predictably). In order to get re-elected, they have to pander with asinine policies, and they know it. What's worse is, when the other guy makes an asinine proposal that sounds attractive, they have to go along with it or be crucified in sound bytes - "Well, I suggested writing a check to every American, but my opponent voted against it. Why do you think he hates the idea of you having money and wants you to be poor?"

But, I'd imagine that all the pandering in the world won't stop an eventual downturn and self correction. Then, predictably, the economy will start getting better, and all of the partisans can stop playing the blame game and start the laughable game of trying to correlate it with their team in office. What a comical cycle.

Edit: It'd be much funnier if we somehow convinced them to argue over which politicians in office caused which kinds of weather. Can you imagine constant arguments over the Democrats causing this goddamned cold snap or the Republicans always enacting heatwave, rain-heavy policies that damage the poor?

Yeah.....uh.....what he said.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

Quote:
Originally Posted by drgoodtrips View Post
Well, partisan cheerleading and views of politics as another sport for which to arbitrarily pick and root for a "team" notwithstanding, I don't know that the partisanship itself has necessarily hurt the economy as much as the increasing tendency to pander to simplicity and quick payoff policies. There isn't a whole lot of difference between the two major parties, especially after Dubya's administration - I view the increased partisanship (or perception thereof) as a more recent dumbing down of the political process with "sound-byte" gotchas. This has resulted in pandering to voters. Giving us all $600 bucks, enacting policies that shift problems so that avoiding a bubble bursting now leads to a different one bursting later, slashing taxes while going on nation building adventures, etc.

And, I'd blame the vapid discourse (i.e. partisanship in the public, even in the face of the parties becoming almost identical) more than the lawmakers themselves, since the POTUS and even congress have only limited ability to genuinely control cycles in the economy (and certainly not predictably). In order to get re-elected, they have to pander with asinine policies, and they know it. What's worse is, when the other guy makes an asinine proposal that sounds attractive, they have to go along with it or be crucified in sound bytes - "Well, I suggested writing a check to every American, but my opponent voted against it. Why do you think he hates the idea of you having money and wants you to be poor?"

But, I'd imagine that all the pandering in the world won't stop an eventual downturn and self correction. Then, predictably, the economy will start getting better, and all of the partisans can stop playing the blame game and start the laughable game of trying to correlate it with their team in office. What a comical cycle.

Edit: It'd be much funnier if we somehow convinced them to argue over which politicians in office caused which kinds of weather. Can you imagine constant arguments over the Democrats causing this goddamned cold snap or the Republicans always enacting heatwave, rain-heavy policies that damage the poor?
I would say the "little difference" between the parties actually began in Clinton's term..he sold out those who voted for him with NAFTA and continued Reagan's deregulation of the financial system - in fact if one wanted to blame this economy - the list would not be realistic without including Reagan and Clinton.

Then there was the "Republican revolution"...remember that one? - where they all stood together on the front steps with the "Promise to America" list? This is where the Republicans sold out their voters and not only didn't follow through with their pledge - but in fact, worsened the very practices that the promises were based on.

We all have to face the facts - there truly is no difference between the parties anymore, that is, the results are the same - increasing debt, increasing financial burdens on future generations, and selling off American assets to the highest bidder - usually a foriegn company.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

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Originally Posted by iamwhatiseem View Post
I would say the "little difference" between the parties actually began in Clinton's term..he sold out those who voted for him with NAFTA and continued Reagan's deregulation of the financial system - in fact if one wanted to blame this economy - the list would not be realistic without including Reagan and Clinton.

Then there was the "Republican revolution"...remember that one? - where they all stood together on the front steps with the "Promise to America" list? This is where the Republicans sold out their voters and not only didn't follow through with their pledge - but in fact, worsened the very practices that the promises were based on.

We all have to face the facts - there truly is no difference between the parties anymore, that is, the results are the same - increasing debt, increasing financial burdens on future generations, and selling off American assets to the highest bidder - usually a foriegn company.

Anyone who says the parties are the same isn't willing to face the truth.

Republicans aided Clinton in the 90s in getting his surplus.

Now Democrats are screwing Bush at every turn and screwing us in the process.

This is the difference. Democrats have decided that because they control most of the media they don't have to serve the public. They feel they can take care of their radical special interest groups by passing Universal Health Care and Global Warming bills. They called the Global Warming initiative the Environmental Securities Act.

It is a 7 trillion dollar tax increase.

It would have given the government control over gas prices, what oil companies can charge, how much CO2 we can release into the air, and eventually it would mean control of our thermostats in our homes.

Democrats feel that they are untouchable and unaccountable to the public. With a deceptive MSM they can do and say anything and expect it not to boomarang back at them.

Nothing stays in the news for long that the MSM doesn't want to. This is why a racist enemy of the state like Obama is able to secure the Democratic Nomination. He's got too many skeletons and too many liabilities but for some reason the press loves him.....so enough voters think he's OK. As long as a video of him ritualistically cutting off someone's head doesn't surface he will have a good chance of winning the Presidency.
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Old 06-06-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.

barr or paul...I am getting tired of it all..
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