Save us Obama, saves us. (barf)
Like a snowball rolling down a hill.
Another case of unintended consequences?
Of course we need more guest workers and to legalize the status of the 12 to 20 million illegals already here.
Here are some handy dandy tips from FDR himself:
1. Wage controls
2. Price controls
3. Manufacturing and agricultural controls
4. Compulsory trade unions
5. Government funded busy work projects
6. Tax increases
7. Regulate everything else.
“Worst economy since the Great Depression”, and it shows signs of being on the move to exceed even that calamitous era.
The “assistance” the nascent obama regime is planning to give to the economy shall have the perverse opposite effect.
Public works programs, “building the infrastructure”, are a band-aid solution, because it is not as if we were not already building and rebuilding infrastructure, rather, it is because too few resources are available to greatly expand the scope of what is already being done.
Expand the resource base. That means, ALLOWING this influx of capital to mine, extract, refine, and deliver the raw materials to the consumers, and give the consumers the opportunity to make intelligent choices as to how this flow of resources shall be applied.
Translated, this means that we begin extracting oil from the shale deposits of Utah and Colorado, go for the extraction of petroleum WHERE IT EXISTS, not demand that oil companies continue to drill useless dry holes in leased areas that do not and never will have reclaimable petroleum deposits. Technology DOES exist that assures the use of coal for a source of power will be as clean as using hydrogen as a secondary source.
One notion to be dismissed out of hand. Carbon Dioxide is NOT a pollutant. If it is, then all carbonated drinks must immediately be outlawed. And that is an absurdity. Carbon dioxide is absolutely essential for our existence, and with capable management of our already existing plant population on this planet, carbon dioxide will ALWAYS be contained in manageable quantities.
Taxing the sources of energy is a sure way to reduce the use of that source. The conversion of energy sources into energy is the true basis of wealth, and with the generation of wealth, there is the revenue that may be harvested for the benefit of administrating whatever degree of government need be applied.
Now, we come to the philosophy, what is government, and how much should it be shaped by the demands of those who have agreed to accept it, and how much should that government shape the people who choose to be its support.
Government and freedom are always at odds, and the balance has flowed back and forth between the two polar opposites throughout human history. At the moment, the weight seems to be falling on the side of MORE government, and LESS freedom.
We already have a document that spells out the level of balance between governance and expression of freedom. It would be refreshing to see it is actually applied.
Without resorting to asterisks and exceptions.
Also another 150K more jobs were lost on Oct. and Nov. than previously thought.
I remember just 12 years ago how cool it was that my part-time, internship job was paying me $7.50/hour (worked for a local CPA while in college). I thought I was livin' large.
The Rats couldn't say they weren't warned!
How many of these unemployed are from the Mortgage lending and banking industries, along with failed Media outlets, especially newspapers??
And DelanObama wants us to believe that he’s going to send all those people forth to build bridges, schools, water treatment plants, et al....
We’re doomed, doomed!!
Where’s the hemlock?
It’s either that or graduate school.
Well, well, well... this Democratic controlled Congress since Jan 2007 is turning out just fine and dandy! A good economy and low unemployment had always been overrated in my book.
We cannot fix the excesses of the capitalist market system by electing a socialist. The fools who did this need to be beaten down. When the ordinary public does not have enough money to buy tickets to movies made by the asshats who sold Zero as the savior, when Oprah cannot find advertising sponsors for her afternoon whinefest, and when the pigs at the bailout trough realize that they won't be able to fool anyone ever again, then we can take back this country.
It's the conservatives generally who have prepared for this time, the liberals have not. We need to form organizations to accurately let us know who to spend what little money we intend to part with. No bucks for the idiots who bought the hope and change crap.
Highest unemployment in 16 whole years. Time for bed wetters to faint.
85 percent of youth say they are not interested in a future engineering career, yet we’ll be short 70,000 engineers by 2010, based on an estimate by the National Science Foundation.
http://www.manufacturing.net/News-Survey-Kids-Saying-No-To-Engineering.aspx?menuid=36
Whatever Obamie does it will be hailed as brilliant by the media!
Daniel Gross: Why All Those Great Depression Analogies Are Wrong
The actual unemployment rate now (if we used the same criteria as in, say, 1940) is probably between 13 and 16%.
My husband was one of them—laid off Dec 3rd. First layoff for either of us, ever.
I immediately increased my hours at my P/T job from 24 hrs/week to 40 hrs/wk until he finds a new job, and then I’ll decrease back down to 32 hrs/wk. We have 4 small kids; they’ve adjusted pretty well to him being a “stay at home dad.”
Luckily we have no debt except for a managable mortgage and we have savings.
California has been reluctant to send unemployment checks. He’s only received one, for one week, and when he calls them the recorded message says they are too busy to ever answer any calls.
He has about 3 “sort of” offers that look promising; hopefully something firms up next week.
He reports that linked-in.com is very good for job searching!
All I know is that I better get employment soon.