[Libloather]

Mort Zuckerman: Get Used to 10% Unemployment

RUSH: And, my friends, Obama, while the rest of you are starving and deciding whether to eat dog food or cat food, and wondering, "Where is my job coming from?" know that even Mort Zuckerman is out with a piece today, Mort Zuckerman the CEO and publisher of US News & World Report, basically saying that we're not going to have any new job creation. He's going on along with what the AP said the other day, that some industry jobs are not ever going to come back, that we're going through a transformation so 10% unemployment is the new norm. Meanwhile, Obama is out at $17,000 a plate, $33,000 a plate fundraisers.

http://www.rushlimbaugh.com/home/daily/site_102109/content/01125104.guest.html

[Williams]

How incredibly stupid is this when we had low unemployment year after year???

[umgud]

The free market is not up to the job of creating work

We don't have a free market at this point in our history, but I'm sure it would make jobs if we had one.

[OCC]

The official rate does not include 1m people who once worked in residential construction, where three-quarters of jobs have been lost. These people did not show up on the employment rolls when they were working, and do not show up on the unemployment rolls now they are out of work – but they are still (illegally) in the country.

How many illegals did show up on the employment (and voting) rolls when working and on the unemployment rolls now?

[rasl04]

Meanwhile, Obama is out at $17,000 a plate, $33,000 a plate fundraisers

+++++++++++++++++++++++

Imagine the teeth gnashing Dowd, Olbermann, CNN, Gibson would be doing if this was Bush???

[IronJack]

This is a typical liberal tactic. When "normal" becomes uncomfortable, redefine "normal." Don't fix the problem, just change the yardstick. That way, when millions of people are still out of jobs in 2012 and Obamateur is scrambling to save his sorry hide, he'll be able to say that unemployment is within "normal" limits.

Of course, the Democrats are the authors of "It's the Economy, Stupid." Sure be a shame if that mantra came back to haunt them.

[hinckley buzzard]

Yeah, just like the gurus in the days of Jimmuh Cartuh, get used to doing with less, America is in decline, wear sweaters because we can't afford to heat our homes anmore, yada yada yada. Zuckerman is a leftwing pig.

[clintonh8r]

Free market? Where the hell have you been, Mort, the Hamptons?

[FormerACLUmember]

“The free market is not up to the job of creating work (Mort Zuckerman: Get Used to 10% Unemployment)”

Corrected title: “The democrat party in total power is not up to the job of creating work (Mort Zuckerman: Get Used to 10% Unemployment)”

Funny how the unemployment rate was 4% for 8 years under the Republicans.

[Our man in washington]

Hong Kong’s unemployment rate is 5.3 percent. Singapore’s unemployment rate is 3.3 percent. Why don’t we study what they are doing?

I can tell you one thing they are NOT doing is making it hard to start businesses and hire people. John Stossel did a show where he went to start a business in Hong Kong. He was able to legally start selling merchandise within a morning. All he had to do was pay $25 for a business license, and he was good to go.

Imagine if we cut taxes and fired a lot of government employees whose job it is to bug businesses. The private sector could explode.

[Trailerpark Badass]

What’s this “free market” of which he speaks?

[razorback-bert]

Isn’t 10% full employment in Europe?

[VRWC For Truth]

The free market doesn’t create work when the GOVERNMENT disincentives it to do so. Suckerman is an azzhat.

[C19fan]

One such programme would be to establish a National Infrastructure Bank, advocated by prominent Democrat Felix Rohatyn, to which the government would assign the $65bn (£40bn, €45bn) annually allocated to support infrastructure construction nationally. The bank would have the capacity to borrow, with federal guarantees, an additional $200bn.

We know how that turned out because the Japanese went on a spending binge for infrastructure. What did it get them over 200% nation debt to income ratio and a lost decade economically. At least they now have the world's longest suspension bridge and a nice airport built on an artificial island.

[DarthVader]

Mort most Americans don’t believe this bilge water for an instant. All you are doing is trying to defuse the coming revolution that is going to send you and all of your liberal cronies to the fate you deserve.

[logic101.net]

10% unemployment is full employment under European style Socialism. Welcome to “hope and change”.

A number of talk radio shows reported that 49 states and territories had more job losses last month; but no one is saying which state(s) did not loose jobs. I can’t find anything here or on Drudge about this. Does anyone know? I figure MI must be one since they didn’t have any jobs left to loose.